The Hancock Jeffersonian. [volume] (Findlay, Ohio) 1857-1870, 1859-07-22
Laws Of Ohio.
tPUpLisnED ny AurnoRIry.l


No. l94.l AN ACT
, keeping Of the securities deposited by
banks, and for the redemption OF their
notes.
Sac. ]. Be it enacted by the General As.
sembly ofth state Of Ohio, That the certi.
ficate' OF The funded debt Of this state and
OF the United State', required TO be deposit
ed with and transferred 10 the Treasu er OF
State as security for the redemption ol the
rculatlng notes Of Independent banking
companies, agreeal ly TO the provisions Of
the act to incorporate the state bank of o Ohio,
and other banking companies, passed Febfu.
ary "a, lSla; and The certificates of the
funded debt Of this state, of the United
States, and OF other states, required to he
transferred TO the Auditor of State as secnri
,y for the redemption Of the circulating
notes OF banking companies, ngreenbly 10
the provisions of the act to authorize free
banking, passed March 81, 1851. and of the
act supplementary 10 the last mentioned act,
passed April 1, 1856, shall hereafter be lie.
posted with the Treasurer Of State, and be
carefully preserved by him in the state
treasury; and all such certificates as shall
have heretofore been transferred 10 the Au.
dtor Of State. shall he by him deposited
with the Treasurer Of State, AMI be careful
ly preserved by him in the state treasury.
All such erilfica,es, so deposited, as shall
be transferable at any agency or Office of III is
SAFE, OF the United Safes, or Of any Other
state, shall be transferred and made payable
TO the "Tteasurer Of the state OF OHIO, ana
the Comptroller OF the state OF Ohio, for the
use off, (namlng the particular banking
company owning or depOsltlng the samr)
and such certificates so deposited, and that
have heretofore been deposited, shall be su b.
ject 10 sale and transfer upon the wutten
authority OF the Treasurer of State, the
Comptroller Of the Treasury, and of the
President or Cashier of the particular bank.
ing company owning or depostlng the same,
and not otherwise, except as hereinafter
provided; and all such certificates, so de-
posted, as shall be payable TO any person or
persons, corporation, or banking company,
or order, or assigns, or bearer, or as shall be
transferable by delivery, shall. by special IN.
dorsement thereon, he assigned 10 the Treas
urer aud Comptroller Tor the use Of the bank.
ing company owning or depoSitng the same,
in manner Aforesaid; and such certificates
as shall be SO assigned and deposited, and
such as have heretofore been deposited,
shall be tranferable by endorsement OF the
Treasurer and Comptroller. by special in
dorsemeni, to the banking company owning
or depoSlng the same, or to such person or
persons, company, or corporation, as the
President or Cashier OF the proper bah king
company shall authorize in writing, and moi
otherwise, except as hereinafter provided
but no such transfer or assignment shall be
made, unless the banking company owning
or deposliing such certi Gates, shall be ert
tied thereto, agreeably TO the provisions oil
the act under which the banking company
shall have been organized.
SIC. 2. II shall be he duty OF the Treas.
nrer OF State, and of the Comptroller of the
treasury, forthwith To make, and thereafter
keep in their respective departments, accu.
rate accounts OF al; certificates OF debt so
deposit d. as aforesaid, and of all certih-
Gates hereafter deposite as security for the
redemption of circulating notes of banking
eompani ~ and the Treasurer shall forth.
with lnloim the Register of the bank depart
ment OF the certificates that have heretofore
been, and that may hereafter be depos ted
and It shall be the duty Of the Register IA
Keep accurate accounts thereof; and such
accounts, as also all other accounts pertain,
ing TO banking companies, shall, at all Iea-
sonable times, be open TO the inspection and
eSam,nation OF any officer or agent of any o
said banking companies; OF the Governor,
Auditor OF State. Treasurer, Comptroller
and Attorney General, or either Of them, OF
any Commissioner appointed by the Govern
OF ior that pun pose, aud Of any Committe,
OF the General Assembly, or either branch
'hereof, theIeunto authorized by resolution
SIC; 3. Whenever any banking company
shail desire to have any plate or plates f.
circulating notes engraved, OF any blanl
circulating notes printed, and shall mott (,
tne Comptroller thereof in writing, tn
comptroller shall issue an order to tn
treasurer OF State to cause the same to b
engraved or printed, specifying particular
N The order the denomination or denomina
uons OF the plate or plates to be engraved
or the several denominations Of the blan