The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1859-06-24
AN ACT

lo pFOflue uoro oiectuaily lor Lno iodlS
Keeping Of tho Securities deposited
by Banks, and for tie redemption o.
their notes. B VI
Section /. Be it enacted By the. Gen.
eral Assembly ofthe State of Ohio, That
1.-THE certificates of the funded debt oi
this state and, of the United States, re.
quired to be c2osited with and trans
fcrred to the treasurer of state as secu.
{ rity for tho redemption of the circula.
. ting notes ofindependent banking com
panfes, AagreeabIy to the provisions Of
the act to incorporate the state bank of
Ohio. other banking companies,
passed February 2I,, 1845; and the cer-
ltifcates oftho funded debt of this state,
ofthe United States and of other states,
required to be transferred to the audi.
tor of state as security for the redempt-
lion of the circulating notes Of banking
companies, agreeably to the provisions
of the act to authorize free banking,
passed March 81, 1851, and of the act
supplementary to The last mentioned
|act, passed April IL, 1856, shall hereaf-
ter be deposited with the treasurer of
state and be carefully preserved by him
lin the state trcasury; and oil snch GER
ltificates as shall have heretofore been
transferred torthe auditor of state shall
be by him deposited with the treasurer
of state, and be carefully preserved by
him in, tho state treasury. All such
certificates, so deposited, rs shall be
transferable at any agency or office of
this state, of the United States, or of
any other state, shall be transferred
and made payable to .'the treasurer Of
the state of Ohio, and the comptroller
of the treasury of the state of Ohio, for
the use of (naming the particular
banking company owning or deposit
ing the same); and such certificate so
deposited, and that have heretofore
been deposited, shall be subject to sale
and transfer upon written authority Of
the, treasurer Of state, tho comptroller
of the treasury, and Of the presid ent or
cashier of the particular banking com.
pany owning or depositing the same,
and not otherwise, except as .hereinaf-
tor proyided;, and all of such certif-
Gates SO deposited, as shall bo payable
to any person or persons, corporation
|oribanking company or order, or as
signs. or bearer, or as shall be trasferr-
liable by delivery, shall, by special In
dorsement thereon, be assigned to the
treasurer and comptroller for the use
of the banking company owning or dc.
posting tho same, in manner aforesaid;
and such certificates as shall be 50 ass
lgned and deposited, and such as have
heretofore been deposited, shall be
transferable by Endorsement Of the
treasurer and comptroller, BY special
Endorsement, to the banking company
owning or depositing the same, or to
such person or persons, company or
corporation, as the president or cash
ier of tho proper banking company
shall authorize in writing, and not 9th
erwise, except as hereinafter provided;
but no such transfer or assignment shall
be made, unless the banking company
owning or depositins such certificates,
shalt be entitled thereto, agrecably to
the provisions of the act under which
tho banking company shall have been
organized. Q@g ta ii g
Soc. 2. 1t shall be the duty of the
treasurer of state, and Of the, compt-
roller Of the treasury, forthwith to
mako, and thereafter to keep in their
respective departments, accurate ac-
count of all certificates Of debt SO de-
posted as aforesaid and Of all certifi,
Gates hereafter deposited as security for
the redemption of circulating notes of
banking companies; and the treasurer
shall forthwith inform the register of
the bank department. Of the certificates
tkat have heretofore been, and that may
hereafter bo dep posited; and it shall be
the duty of the register to keep accu.
rate accounts thereof and luchaccounts,
as also all othersaccounts pertaining to
banking companies. shall, at all reason
able times, be cpen to the inspection
and examination Of any officer or agent
of any of said banking companies. of
the governor, auditor or state, treasurer
comptroller, and attorney general, or
either Of them, or any commissioner
appointed by the governor for that pur-
pose, and Of any committee Of the gen
eral assembly. or either-branch thereof,
authorized by resolution.
Sec. g. Whenever any banking COM
pany shall desire to have any plate or
plates for circulating notes engraved, or
any blank circulating notes printed and
the comptroller thereof in
writing, the comptroller shall issue an
order to. the treasurer Of state to cause
the same to be engraved or printed,
specifying particularly in the order the
or denominations of the
plate or plates to be engraved; Or the
several denominations of the blank