Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1859-05-26


notes.
Section l. BE i; enacted by the Genera
Assembly of the State of Ohio, That the
certificates OF the funded debt Of this state
and of the United States, required to be de-
po. tied with and transferred TO the treasurer
of state al security for the redemption of
the circulating notes of independent bank.
ing companies, agreeaLly to the provisions
Of the act to incorporate the state bank of
Ohio and other banking companies, passed
February "a, lS43, and the certificates of
the funded debt of this state, of the United
States, and of other states, required 10 be
tra nsferred TO the auditor of state as secu-
rity lCr the redemption Of the circulating
notes of banking companies, agreeabiy to
the provisions Of the act to authorize free
bank ng, passed March 81, 1851, and of the
act supplementary to the last mentioned
act. passed April IL, 1856, shall hereafter
be deposited with the treasurer of state and
be carefully preserved by him ID iise state
treasury; and all Of such certificates as shall
have heretofore been transferred to the au-
ditor Of state shall be by him deposited with
the treasurer Of state, and be carefully pre-
served BY him in the state treasury. All
such certificates. SO deposited, as shall be
transferred 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, fer the use of (naming the par
ticular banking company owhing or depos-
i,ing the same); and such certificates so de-
posted. and that have heretofore been de-
posted, SHALL be subject to sale and transfer
upon the written authority Of the treasurer
of state, the comptroller of the treasury. and
of the president OF cashier of the particular
banking company owning or depositing tn e
same, and not otherwise, except as herein
after provided; and all of such certificates
| 50 deposited, -a.-shau- be- pss AHA 10 any
person or persons. corporation or banking
company or order, or assigns, or bearer, or
as shall be transferable by delivery, shall,
by special Endorsement thereon, be assigned
t, the treasurer and comptroller for the use
of the banking company owning or deposit
ing the same, in manner aforesaid; and such
certificates as shall be go assigned and de.
posted, and such as have heretofore been
deposited, shall be transferable by indorse.
ment Of the treasurer and comptroller, BY
| special Endorsement, to the banking com.
pany owning or depositing the same, or to
! such person or persons, com pany or corpo.
ration, as the president or cashier of The
proper banking company shall authorize in
writing. and not otherwise, except as here.
ina,er provided; but no such transfer or as
signment shall be made, unless the banking
company owning or depositing such certif
cates, shall be entitled thereto, agreeably
to the provisions Of the act under which the
bInk;ng company shall have been organ.
lied.
Sec. .. 1t shall be the duty of the treas.
urer of state, and of the comptroller Of the
treasury, forthwith to mske, and thereafter
7 TO keep in their respective departments, &C.
curate accounts of all certii Gates of deb, sc
deposited as aforesaid, and Of all certificate:
hereafter deposited as security for the re.
demption of circulating notes of banking
companies; and the treasurer shall forth
with Inform the register OF the bank de-
partment of the certificates that have here.
tofore been, and that may hereafter be de-
posted; and it shall be the duty of the reg
lister to keep accurate accounts thereof;
and such accounts. as also all other accounts
pertaining to banking companies. shall, al
all reasonable times, be open to the inspec.
,ion end examination of any officer or agen,
of any of said banking companies; of the
governor, auditor of state, treasurer, comp
troler, and attorney general, Or either Of
them, or any commissioner appointed by
the governor for that purpose. snd of any
committee o the general assembly, or either
! branch thereof, thereunto authorized by res
olution.
Sec. 8. Whenever any banking COM
pany shall desire to have any plate or plates
tor circulating notes engraved, or any blank
circulating notes printed, and shall notify
the comptroller thereof in writing, the
comptroller shall issue an order to the treas.
urer of state 20 cause the same to be en-
graved o. printed, specifying particularly in
the order of the denomination or denomina-
tons OF the plate or plates to be engraved;
or the several denominations of the blank
notes to be printed, with the amount o.
each denomination; and the treasurer OF
state shall strictly observe such order in
causing such engraving and printing 10 be
done; aud upon the delivery to the treasurer
of uny blank printed circulating notes, the
treasurer shall notify the comptroller and
register Thereof, and they, in the presence
of the treasurer, shall carefully examine The
sane. and make an account thereof in their
respective departments.
Sec. 4. When banking company shall
be entitled to receive any registered notes,
the comptroller OF the treasury shall, on the
written application Of the proper officers OF
the hank, issue an order en- the treasurer of
stuie therefor, and deliver the same to the
register, specifying in such order the amount
of each denomination of unregistered notes
to be delivered tu the register; and on the
presentation OF such order, aud sscertaining
from the accounts in his office that the
banking company is entitled TO the same,
the treasurer Of state shall deliver the notes
specified in such order to the register, who
.hall forthwith register and deliver the
same 10 the agent of the bankin. company