Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1859-07-23

Good chance was this for tonguetied chur
70 shorten all palaver;
"Have patience" cried be, dearest :'r!
And may really have bers'
The deed was done; no more that night,
Clicked needles in the corner;
And she is Mrs. Joshua White
That once Patience Warner.
Br OUR OWN REroRrER
ORGANIZATION OF THE BANK OF NORTH
CAROLINA.
WEDNESDAY, July 90
The Stockholders of the Bank of North-C Carolina
met, pursuant to appointment of the Commissioners
at Raleigh to-day at - o'clock, m, in the Senate
chamber of the Capitol for the purpose Of Organi-
zing the institution and putting the same into ope-
ration.
On motion of Ex-Gov Manly, Hon. David L.
Swain was appointed Chairman and Edmund b.
Freeman and Kemp p Battle, Esqrs., were appoint
ed Secretaries.
Board of Commissioners for receiving subscriptions
of stock, made and read report, from which it ap-
peared that books had been opened at twentysix
points throughout the State under the direction Of
legally constituted Commissioners, and remained
open for sixty days. at the expiration Of which 81,
339 shares s. 1873 9O0 had been subscribed less,
by 1866, 100, than the amount authorized by the
charter One hundred thousand Of the deficit will
be taken by the University of North Carolina, under
the provisions of the charter. No returns had been
received from the Towns of Wentworth, Asheville,
Lexington, Wilkesboro, Wadesboro', Washington,
Edenton, and Yanceyville. To obtain the balance
of the stock books were subsequently opened ut the
places from which returns had been received and
under the same Commissioners, and will remain
open till the LIST day of September next All the
payments had been made in specie.
On motion of Ex-Gov. Manly, the report was &C
cepted
On motion of Ex-Gov. Graham,
Rssolred, That a committee of five stockholders
be appointed to ascertain the number of shares of
stock represented at this meeting, by whom repre-
sented and the number of votes to which each
stakeholder is entitled; and that the same committee
ascertain and report the number of Directors to
which the State and individuals are respectively
entitled
of Orange, George w. Mordecai and 3. F. Moore, Of
Raleigh, John Irwin of Charlotte, and James W.
Bryan, of Newbern, were appointed on said COM
mittee.
On motion of George W. Mordecai, ESQ.,,
Ordered, That committee of three be appointed
to prepare code of Bylaws and Rules for the
government of the institution
Messrs. G. W. Mordecai, B. F. Moore end James
W. Bryan were selected
morrow morning at O'Clock.
THURSDAY, July 81.
Shortly after o'clock, the meeting was called to
order by the Chairman
Ex-G0v. Graham from the committee to ascertain
the amount of stock represented, &c. reported tina:
the whole number of shares was 2O,537, viz:
1870 by individuals, and 5O27 by the State Of
these 10, 94 were represented in person, and 1923
Id s,,l:, y.
holders to eight Directors and the State to two-the
Public Treasurer being one.
The report was accepted.
On motion of James W. Bryan, ESQ.,, the Chair
man appointed the following gentlemen a committee
to ascertain and report the points at which it was
expedient to establish Branches and Agencies of the
Bank, viz: J. W. Bryan, Newborn; Saml Watkins,
Milton; r. r. Bridgers, Tarboro' Rch'd Washing
ton' Goldsooro; B: +. Moore, Raleigh; John Daw-
son, Wilmington; John Irwin, Charlotte
George W. Mordecai, ESQ.,, from the committee
on Bylaws and Rules, read lengthy report which
led to some little discussion as to the DAYS on which
the operations of the Bank should be SUSPENDED
The report was concurred in with slight amendment.
The second Thursday in June of each year was set.
tied upon as the day for the Annual Meeting Of
otockholders, election of Directors, &C.
Ex-Gov Graham now moved that the meeting
proceed to the election of eight Directors.
".
present. that, if consistent with his duty, it would
0e as well at once to name the person appointcd
director BY the State to the end tina. the meeting
might nave wider range. 1t was very likely the
person so appointed might be voted for by the
meeting if not named.
Oov Ellis stated that two Directors were appoint-
Cd on the part of the State in the old Bank but onlv
one IN ms. He might say that w. r. Pool, one Of
the OLD Directors, had been spoken Of and he saw
no reason why he should not be appointed. Rut M
formal appointment had been made. It was under.
$1,000 amongst them Mr.. Pool would be chosen
ipe election OF eight Directors was then proceed
ca WIN under the superintendent Of ,tno w
Cp1nngham, Esq, of Person, and Rev. s. N. Frost.
of Goldsboro'. 49, -''''
Pending this election,
- mr. WILSON, OF Charlotte, suggested the settlement
Bank. ''1e''' VI 'he
Hon. Geo. E. Badger moved it be fixed at a. 900
per annum ~-'"'0
Ex-Gov. Graham moved to amend BY striking on,
$zooO and inserting So 900, on the ground that the
ooeies would be much heavier.
MI. Badger accepted the amendment, and the
resolution as amended was adopted.
On motion of Geo. W. Mordecai. ESQ. the al CO.,
ton of the Bylaws was SO amended as to .l,o,s ~
special cases" in which persons residing ont of ths
state might become cndorsers on discounts. Adon
JAS. W. Bryan, ESQ.,, from the committee or
branches and Agencies, reported the following re
Rsso1csd That it is expedient that Branches O
s,n nsnk OF North. Carolina be established at tn,
wing places, VIZ: Wilmington. FAYETTEVILLE
iarooro, Windsor, Milton, Charlotte and Morpanton
.G tnas the Directors are hereby instructed to es
Aolisn the same on or before the first tav NJ LAM;
ary next -' " 's"u
4esosoea' mat the Directors of the Bank enquire