, 1861-10-19

<4EkA0t ksA<AAA
slowing the operations Of each. and keeping |
In view their business and condi- !
lion, which ahan be at Al times open to the |
inspection Of my stockho1der, and Of any per-
ION authorized BY tho Legislature to inspect
{ il They shall al.o keep record Of all |
their proceedings, in which al their ozderg,
votes and resolutions shall he entered, with
the ayes and noes On AZ questions, which shall
49, They shall apportion the salary Of the
aud all other officers. agents and
directors Of the bank, and all ether general
expenses among the several branches, accord
Ing to the amount Of stock in each, and shall
have power to demand and receive the same.
& 50. It ehal1 be the duty Of the directors Of
the bank to keep sud preserve tha original
books Of the subscription Of stock, aad to
cause to be returned to them from each branch,
Of stock made the preceding six months.
ISL. They ehall also procure mad take charge
OF the plates On which the paper Of said bank
shall be printed, and shall cause sufficient
smount thereof to be printed, from time to
lime, as occasion may require.
board of directors Of each bra1ch, an amount
Of such paper, not exceeding tWice the amount
Ct the capital actually paid in at such branch,
except when more Shall be wanted to replace:
that which may have been worn out, defaced,
Or 1ost-tn which case, all 20 defaced shall be
AElH1lEt W EaAA uVAIA uiTEEbuI6 III The DALE
and destroyed. And they shall give no other
nor greater amount for paper lost than they
shall have good reason to believe il ACTUALLY
lost By circulation or otherwise
s53. a mg5ority Of the directors, with the
president, shall be necessary to constitute
beard for the transaction Of business; but in
Gaze ot the absence OF sickness Of the presi-
dent, bis place may be supplied for the time
being by aDy director chosen BY the board.
81. It Bhsll be the duty Of the board Of di-
rectorf, in the first weak of each session Of
the Legislature, to make report to both houses
business Of said bank, and Of each branch
thereof, setting forth IN regard to each: 1st,
the amount OF available funds On band, desig-
mating each Kind; I'd, the amount Of notes
discounted; 50, the amount Of bills o. ex-
change 9TH, the amount and condition Of the
surplus fund; 5th, the amount Of notes in cir
cnlation 9Th, the number Of officers and ser
ysnts, end the amount Of compensation to
each 7th; the amount Of rents paid, If any
8th, the value OF houses used for banking pur.
poses; 9Th, the value of ether real estate, and
whether the same has been regularly offered
for Eale, "a By this act required; 10th, the
81 ount of debts cue to and from other banks
11th, eli Euch CtEer. matters Is shall be re-
quired Of them by the Legislature. A like
report shall be furnished to the General As.
semhly by the beard Of directors of each
bl2rch- Such report, made By the board Of
tAtEk1Aa u caCA oAaASu3 oA1IA |VAt@tA HuGA
statement Of the condition Of the same afore-
said, Is the esme is found On the third Satur-
cay il November, in each gear, at Two O'Clock
in the afternoon. Such reports shall be'vert-
fed hy the oath Of the president Of said oank,
ard the president Of each branch, respect
lively. "a.
s SIS. The directors and all other officers
and agents Of the banks, and Of esch branch,
shall severally, before they enter upon the du-
ties Of their cfflee, make oath or Affirmation,
well and faithfully to discharge the duties OF
The same,
SIC; The Stockholders Of each hranch shall,
more than ten directors for each branch-the
number to be settled by the directors Of the
bank; and the directors Of the bank ebou ap-
! point two directors for each branch Direct
ors ahall hold Their Office for one year, and
| fed. T.
| s57. The said branch directors. at their first
! meeting after each election, shall choose one
! Of their number to be president, and shall tsve
poWertto appoint cashier and such officers
and agents IS they may deem necessary, whose
| pe,her with that Of the president, shall be Is
| fatfished bv tho directors. They ehaIl alst
rave noWer tn I fl, III vncsncfrs % 3ecrTr;ne % T r
! their own body. exceps in those appointed b.
fhe harE. which snail be Gued 81 the diree5
or Of the hank.
IN. M ;7i1ector appointed bv the directors
ofs H. hanE s1,alI he Chosen more than twic
n +Irae reara
So M franch director. except the presj
aei,t' shall rece;ve compeneatIon for his SCI
V5cfs unless hv vate Of The stockholders.
"a M DsTa,n tball ha eIected a 5ffaeto
offs brscch: nv fhe sfockbo,lers. who etall b
N a,reaTs r. sY1r1 branch mar nnless snch rar
snn shall h. a citizen nj the State and st9ck
holder owning. in hin own r1ght. and not i
1Tnst. at Ieast I've shares in sneh branch: bu
|
nfsiocktn ~ % n1Geps oun;np fivesharea ~ cnnst;tut
~ 5i-a.-tn]1 thav NAV he e1ected ont n thnu
ha1s,.n. t ~ T;ah ~ nn1mhar ~ shorca
IF IL d1Es1,5r his 4ar19 NJ - nfca anv 5,-.c
,1i heen1a ~ o.ra.r, y, ~ ,e;1 =,
W enau e1 ~ ats4 - ~, -
s ~ ens oes ~ eea's +1se,1r7s, ~ U1 ~ =,
Isqu.sae aans y ~ & seIf, - o.not r,t f :.
cone oH4osHhSu, y enaa uS tun -:.1 ou.y ". -
sala poa.a o. aLsctoto, toItn" NIL, ~ " s@sa
LIE Zeal e ana alpo1nI anotaer "a - ms p.aee.
4. ~ ~ ~ "a es,e ~ 4;9,a nor ~ aha
.lau u.e ~ susn ~ w nas ~. ~ !
t"Q OF moLe PaIsa9ls DE- 81 me s1n9 h1 eaie -.
testo1s u Iue saao plaaEu, =, ~ =, ~ - a. a.
1tanea aot es -enIsa ~ ~ a. =;
1noneyeu eorpog, 4,;ta natnf Po"a5- a;-scto. ~ u
I eonnt Ml1 1eee1fe uepoe'''' oe !" "A 0@6o4
any es a7S 49, t-a 80 a,-oo+,~s <>f aacs, t,r,c,
.hs1' ~ T,-s no9Sar r. -onnira anr .ecnritv f.,
9ne;- oftsceEa ana ogen4s fnr fhe nerfoTman
Se+;aa 49, -. te,a-, 49, ~ das,n
: 81 ~ ahs1i ha 1ha;r infv r. 1naFe renc
Z ofIthe;r hns;nees ami condition nf their hrin
e.t hae9 aF 5;raotrra ~ 3,e hsn s@ nnea
q hv cod ho.rd ~ sett;nT Inrtt, an 1he n,rf;enjs
rnnira5 - t1be;r rennrt. ~ ne I.ag;elatn
ata11 a1sn - se-,d e3rs;as ,f tba;r 1n9ntn1G
so-ts pa4 - aan1, hra1,eh fA~3 " AA0AA
- sSe' r.. haard ~ d;rectora of esch hrao
: shs11 sean a hnoE nr hnosss in wh1ch shail
Y o+,tared "a fsithtn11p rrcnrded ionrna1
I" fhe;r nroaee e a;nna Wh,rh hnoT ahai, he on
tlen tleI:Ss.tAne:: e: -" ~ - tsI-L.13oF ~ - -
u II ~ Sonia ~ aat;noz ~ tha sanne and n1so
y onen F. tHe insnecf;o1, If snv ~ thrae stocEho
- sFs ho,1ine - fngether in tfeir own r;p
e f~entV sharss ~ HE 'stocI-l m annl;aatio1
tneTn ma5,e fn he president Or cashier.
!!e 20 All rtecfioTsl hv the several f1oards
" " SO, The directors Of each branch shall hi
~ ~ newer fo make and presc,ibe guch by-la
~ ~ mi a and repn}ation.. az thev nav deem ne
10 10 i'll. touchiug: Frst-The government Of Ii
- resp Give branches, aud the management .
~ diepoaition Of its stock, business, property,
/. tate and effects. Stcona-The time, msu:
~ ard terms upon which discounts and depo
~ shall be made aud reeeiyed in aud b7 the aal
.,s Third-The duties and conduct Of the off1c.
10 clerks and servants employed by the "a,
~ And, Foayth-Al1 such matters as may apI
"a tsiu to he ccnc1rn Of said branch, subject
~ caee and according to the bowers herein ii
y; to The directors Of satd bank,
u u sT1 n he management of their huesr
~ 10 The hoard Of diTectorg shali observe the
y Io8frr rules: Ffrst-No branch shall /
~ roneT m the security Of its own stc
~ tSacond-No person SHAH be accommodz
nG rnv with loan While in arrear for stock. for
'hhy t.rs st. Or far 1oans had. either on his own
~ oonnt' ~ ~ 90 ar11-;f,7 ~ others o15 fhnn
pe nn1eee the sune * dne 10 ra+oinoi and
lso na;J mi ~ ea;d 7aa, ev w hi5NTn tse rms
noea te e ssau sscnrt1 aha S
l