American Lancaster gazette. [volume] (Lancaster, Ohio) 1855-1860, 1859-06-16

4
Other states required 20 be transferred TO the
snditoT OF state as seennty iof the redemption
Of the circulating notes Of banking companies
| agreesoly to the provisions OF the act 10 au-
thorize lIee banking, passed Mach 2I, 1851,
and OF the sctsupplementssy 10 The last men-
toned act passed ApriiiI, 1856, shall here
: itet be deposited with the treasurer Of state
and be. carefully preserved by him In the state
/ treasury; snd all 0fSlch certificates Es shall
have beTetoloIe been transferred 10 the audi
tor Of state shall be by him deposited with the
| TREASURER OF state, and be carefully preserved
by him in the state treasury. AL such ceriih-
Gates so depOsI Ited, :, Hs shall be transferable
| al any agency or oFhce' OF this state, Offhe
4 .Cgiied Stakes, or Of any other state shall be
transferred and made payable TO "tbe treasu-
rer Of the state OF OHIO, and OF the eompxol@
isr ofthe state Of Ohio, for the use Of" (na-
ming the particular banking company owning
or depositIng the sSme) and such certificates
so deposited, aRd that have befetofoIe been
deposited, shall be subject to sale and transfer
/ Epon fbe written authority Of lie treasurer Of
stale, the comptroller Of the treasury, and Of
The president OF cashier Of the psTliculHr bank
ing company owning. or depositing the same
and not otherwise, except Ss hereinafter pro-
vIdedj and all Of such certificates SO depOsi-
ted, ss shall he payable to any person or per-
sons, corporation or banking company OF order
bic BY delivery, shall, by special indoTsement
thereon be sssIgaed TO the treasurer and comp
troller for the use Of the banking company
owning. or depositIng The same, in manner
Aforesaid; and such certificates ss shall be
so assigned and deposited, and such as here
tofoTe have been deposited, shall be tIansfeIi
Ts5ie by indorst meDt Of The treasurer and
! comptroller, by special indoTsement, tothe
banking company owning or depositing ths
Z | or In rF
or corporation, ss The pFesiden; or cashier Of
the proper banking company shall suthorize
8 IN writing, and nototheTvise, except as here
matter provided; but no such transfer or es-
sgnment shall be msde, unless the banking
company owning or depeSiliBg such certif-
lcstes, shall be entitled thereto, sRTeeablyto
she, PROVISIONS OF the act under which the
banking company shall hare been, organized
I Sec. 2. Il shall be the duty OF the tressu-
rer Of state, and of the comptroller Of the
iIeasDTy, forthwith 10 make and thereafter 10
keep in their respective departments, aceu-
rate accounts Of all certificates Of debt so de-
: posted ss aforesaid, and OF all certificates
: hereafter deposited as security for the fedemp-
u lion Of circulating notes Of banking eoTnpa-
,r nies; and the treasurer shall forthwith inform
J. the register Of The bank department Oh the
n certificates that have heretofore .beeh and
that may hereafter be deposited; and It shall
oI accounts thereof; and such accounts, as also
u all other accsunts pertsiQing 10 banking COM
oi panies, shall, a. ell reasonable times, be open
10 the inspection and examination OF any OF
ecer or agent Of any ofsaid banking compa-
IN nies; OF the governoT, anditor OF state, treasr
OF urer, comptroller, and attorney general, OF
any commissioner appointed by the governor
10 for that purpose. and Of any committee of the
y general assembly, or either branch thereof,
N ttereunio sathonzed byfesoIIiion.
~ Sec. g. Whenever cay banking company
d. shall desire to have any plate plates for cir
u culsting notes engraved, or any blank circnla-
H. ting notes printed, and shall notify tbe comp
10 tToIler theteOf in writng,the comptroller snal
ng Ssue orders to the treasurer OF state to cause
ng the same TO be engraved or printed, specify;
ld iDe particularly in the order the denomnatioF
'r or denominations Of the plate OF plsies to he
as engraved; or the several denominations oi the
blank notes to be printed. with the, amount O
On each denominations; and the treasurer al ,siatt
IN shall strictly observe such order IN causing
ITS such engraving and printing to be done; auts
ID upon the delivery to the treasurer ofanY blanl
printed circulating notes, the treasurer shat
notify the comptroller aud register Thereof, ,ant
they in the presence OF the treasurer, shal
carefully examine the same and make an ac
count thereof in ssaeir respective departments
Sec 4. When : banking company sbsi
be eutlllEu 10 IeCleNe any IckiotVtcu "VeSa
led the comptroller Of the treasury shall on tn
~ written application OF the pIOpet officers Q
- I the baak issue sn order on the treasurer 0
~ state therefor, and deliver the same to III
"a register specilying in such order the amoun
of each denomination of unIeglstetedi notes
TO be delivered 10 the register, and sn the pre-
is. sentation ofsuch order and ascertaning fron
on the accounts in his Office that the bankIn
ca company is entitled to the same, the treasure
d olstate shall deliver the notes speclhed !
Ou such order to the register, Who shall lofthwIt
au register and deliver the same To The agent
pc The banking company, and make an accom-
an thereof; but such notes shall not be- IeFiStere
-he OF delivered unless it shall appeal from p
ne accounts in the registers Office that the ban
'oi is entitled thereto. NEa.
,oi Sec. S. Whenever a. banking ccmpap
tot shall return any OF its circulating notes; 70
TO- burnt, the sane shall be, burned TO ashes
'eu treasurer OF state in the presence oithe conn
ne troller Of the treasury and the agent OF IN
ms bank, and four certificates, theieof be mad
my and signed blythe treasurer, comptroller, an
le. agent OF the bank specifying the amount
lat eacb determination Of notes so bufntd to asht
me ON. copy Of which certificate shall be deliye
ars ed 10 Ihe agent OF ihe bank, and one each I
Is- the :reasurei, comptTollef and feeisler;. !.
no. See. s.. The auditor OF State shall apppoll
ap- some suitable person as a clerk in his oiiic.
who shall be Styttu Tue icBlstct1 uuu ~ """'
Ike the supeiSisiob and control OF the aBditor.-
as The register shall, without delay, make ap
ma Keep III bis office accurate accounts OF ell &c
lnd tihcates OF debt now deposited. and that ma
ent hereafter tjs deposited with the treasury :
iay security fof the redemption ofcircustng not.
no OF banking companies; he shall also make 90
'.al keen an sccobut Of the amount Of eacn q
MS nomination OF the notes Of each banking con
ace pany, deliveied to such bank, aud o. me
tn mount returned and burned, so as 10 show ~
balance OF notes chsTgsabie 10 such pepk; az
his he shall also keep accurate accoupts o.
- notes leIealtef registered and dshseIen
tom each bank, aud notes returned 70 be bnfnt's
IS as at. all times to exhibit the true amount 2
each denomination ofTegisteTed notes aeilsel
J. ed 10 each banking company, and Inc snloan
thereof returned; f.5sl -. !
J. Sec. I. Wheneyet It shall be necessary
sell any of the certificates Of funded debt
deposited as aforesaid for The redemption
ep- he notes ofs failing bank. the auditor, tTeps
ind urer and comptroller shall make On order 2
the treasurer to sell such certificate and cel
raj t6cates md at such time end times, plses ar
et- ploces, as may be necessary 70 redeem ne oui
nd standing circulating notes Of such papk, 2
Isl. the same may be psssenled dforIedempnonse sel
Of produce the largest sum thntmey ee ogielne
,iF- ior such certificates, and wbeh ! shall bas'
m been determined TO mske such . Sales "