The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1859-03-15

lima, the may be-, in book to be keptby me for
that purpose.
officer servant or agent of the corporation shall en-
bezze frauduleny convert to his own use or shall
rauduleny secrete with intent to convert to his own
use any effects property belong to, or in possess
sion Of the corporation belonging any person,
and deposited in the bank or any agencies or shall
make, or cause be made, any false entry upon the
books which contains any of the proceedings trans
actions of the corporation, with intent to deraud the
corporation any person whatsoever, such officer,
agent servant offending shall be held and DEEM
ed guilty of felony and upon conviction thereof in the
superior court shall be punished by fine and imprson-
exceeding five years. and standing In the plo-
ry all or of them the discretion of the court.
Sec Al Be it further enacted That if any president,
other officer servant of the bank, shall knowingly
willingly make, cause to be made or connive at
making, any false return, statement or exhibit of the
condition of the bank its branches and agencies to the
public treasurer the general assembly, the board of
directors of the bank any OF Its branches or agen
cie the stockholders, person authorized
by the legislature by the stockholders to receive the
same, the person offending, his aiders abettors
shall be deemed guilty of misdemeanor and convic
ton in the superior court shall be punished by ne
and Imprisonment not longer than one year.
Sec AZ. Be it further enacted, That all notes of the
bank intended for circulation shall be originally issued
at the bank branch atwhich they redeemable.
Sec 43. Be it further enacted That the bank shall
lend to the State ninety days notice. such sum OF
money the State may require Provided, The bank
shall not be compelled make loans to the State when
its Indebtedness to the bank at any one tme amounts
Sec a. Be further enacted That in any suit to which
said bank party in interest III which the question of usury
involved CASHIER agent, officer OF said bank shall
be witness against said bank, notwithstanding
such cashier AGENT officer be the payee drawer
ceptOr endorse Of the bond, note, BILL other
evidence OF debt sought to be npeached avoided
which is alleged to be usurious.
Sec As. Be further enacted That whenever this bank has
demands upon any corporaon shall be law
full for said corporation and discharge such
demands of said bank without regari TO the place
where the be payable and demandabe and the
der of such payment discharge Of any such de-
mand any part thereof shall be good and valid in law
and the person corporation whom such demand
made SHALL OF the same first the notes OF the
bank branch which makes the demand they have
the on hand al the time OF the demand made
Sec 49, Be it further enacted That soon after the or
Of the company under the charter practicable,
they shall establish branch of their bank the of
Wentworth in the county of Rockingham: PrOuided The
of fifty thousand dollars shall be subscribed
Sec A. Be further enacted That each share owned by in
dvd ais shall be subject annual OF thirty cents,
which shall be reserved of the profits of individual stock
they BY the cashier OF the principal bank, and paid
the public before the day OF October
each and year; which be increased
Legislature direct and the of the State requires
in eqaIzng taxation PrOuided That the in this
shall not be greater than that imposed shares such
other banks be chartered any other succeeding
general assembly, And provided further That nothing here
contained shall be construed restrain any future
general assembly from taxing dividends belonging to udvd
uas corporations; aid exceed that which may
trtr That real estate which the bank
at time take payment OF debts shall, whilst held by
them, subject the other property of the
kind held by individuals.