Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1861-09-10
GENERAL ECTI \ NoIi'H "H
COUNTY.

elected, TO wit: w Randall !
s. / entsnal, t.'gaor in the place OF butier y, Nc
-. : S.Nf state in the place OF LOUIS .
Y,e u @scse'a .ura- in plsc of Samuel d. Hast
-. - 49,. ;enersl. in the place OF Jaines IL
tI ~ g. 'ptroIler. in the place 81 Guy Soett
- 800; 4,S'i and \ State Prison Commission
err in the place Hans G. ties Those Is lbs
"a ", Nl'I sn,hlv for the ASS mely lh.trlets
,; Si.,,ei % towns OF Highland Dodgeyiile,
Ri1lraaaye Il wyoming, Pulaski ana tEde =
~ trsl Point towns of Mineral Point, |
Nie3;n wal5wi linden snd Moscow, IN the county |
81 Iowa one two County super nt.;. %
SCHOOLS :, tL.v.rai Superintendent bisiticts, rs
St'~,,;,tf th, County Board OF Supervlsors
CountySupervs IN the sewers supervisor plslLic,s
and such otheounty ofhccrs as arc " 80"
TO be elected .lcii election 80,
A. the sctiou the question will be taken up
on the arFrs By the ppp sIPrs law by chapter 2
If Inc Ganersaws o 1851 a. amended oy CHAPTER
l, OF the Geal Laws Of the Extra session o. IS0l'
As follows
CHATTER ~,
| .s .vf-p ~ CHATTER /, EXTRA SESSION.
AN ACT 10 end the General Banking Law, and 'he
| several actmeniatory thereof
The yeople he state Of Wisconsin, appreciated in
senate xa4ssembty 40 enact as to!IoHs;
! Section Itction - ef chapter II of the Revised
| Statutes vi the thereuIto teIongltg amendmen',
&c. cbs,t> II the Gene al Laws of 1855. is here
nv amended follows by striking out the following
words s stocks To be valued at rate 10 be eSti.
mated and FERN bv the average rate AT winch SAID
stocks haNt en- sold II Inc ciIg - W" To- "A'"'"
| the next : lonths preceding the TIME Wneh such
stocks maze left deposit viii the Bank Comp
| troller' striking cut the words, equa! 70
and inser Z after the words not eNceedlng. the
words 9 ifalue " By sinking out Tue foiio"lAS
words such public stock shall IN all case 1e, or
be ma de ~ ~ ual 10 STOCK producing slN per
uer annip and shall not be lawful for the Bank
Comprrob take such stock at rate above lts par
vaiue nosboye its current market value III the clly
! of New Ak a the time OF deposit by such person
| or .ssocion of persons" and by inserting in lieu
thereof follow ing and it shall be lawful Tor the
Bank CotroIier issue for pubic stocks which nave
| been ranng - above par during the last SIX
Iuonths.iId up to The time of deposit IN the New
York nh circulating notes up 10 the par value oil
| said stos but the Comptroller shall not issue Tor
public scks ranging below par IN 50 d MARKET more
circular than ninety per cent OF the current iar
ket Yah Of said stocks at the time OF deposit MOI
more tn ninety per OF the average market val
ue dnriy the last six months and for such stocks
as du r the last six months have been at and above
| a. webs below par the comptroller shall not issue
tan ninety cent. Of the average Nal'is
ing thlast SIX months, nor in any event more man
nnet,er cent OF its market value on the day oil ie-
post han ninety per cent OF the par Naiue
OF SUI stocks chat the said section snail hence
| forth-ead As follows: "Whenever, hereafter, any
perso association Of persons, formed Tor me puI
poses banking under the provisions oi TINS cAa'ei'
shall uy assign and transfer in Trust to the treaSut
Of his State, So portion OF me pdpllc S''NhS =
suedpr to be issued by the United States, or any
Statrtncks on which fu interest Is annually paHi
sucluersnn or association Of persons shall be entiseu
to receive from the bank comptroller an amount OF
Notwithstanding notes of different dehoththAll
,,i.a-ed and countersicued ana not exceeding in
valu amount of public stocks asSignei anu trans
erre as aforesaid il shall be lawful Tor the bank
comkroller To issue for public stocks, which have
been ranging at or abo 20 par during the iaSt SIX
moI,hs and IN to the time Of deposit in the New
Yorl rket circulating notes up 10 the par NA4ue q
said5tock but the comptroller shall not Issue Tor
pubic stocks ranging below par IN said man H"e
circutt than ninety per cent oi The cuFftht n'Ai
Eet plue of said stocks at the time oil deposit nor
than ninety per cent OF the average ai NJ va
ue ii ing the last six months and for -lc stocks Is
during tie last six months have been Al anu N'"Ne a.
well ~ below PAR the comptroller shall not issue III -
mir, atp q
last six months, in any event more than hihet,
mr. amt Of its market value an the day of deposit
nor moro than ninety per cent OF the par value o
such stocks PrOuided that il in the opinion OF th
Bank Comptrolle5, together with the Governor an'
the Secretary Of Stat, any stocks offered shAtl .
deemed insecure, they shall not be received a. uc sc
cutities under the provisions OF TINS ACT ana Pr
ded further that from ard after the first day OF De
cemUer. 1861, the Bank ComptroleT snail mol leoe'F
security for circulat NC Bank Notes, any ON.
public stoczs than those issued by the State oil Wis
consin and the United States. .,-
Section =. ANY public stocks described in the Pre-
ceding 4ecuon. and issued at rate of interest les
than per cent per annun- to be receiyaole ny u
Bank Comptroller, shall be made To be equal to stoeh
Section 3 Section 10 of chapter II OF the Reyiie'
Statutes is hereby amended by inserting between IN
worcs located and ,to' in the 18th line Of s,d sec
..oA ti.e oreis cor 10 the Judge at chambers.
Section Every tank JaIfa17ig
Organized IN tins state, and all banks and banking IA
sociations that shall be organized before the frt ia
of December 1861, except such banks and banking as
soclil"n, aS are or may hereafter bt located IN u
cities of Milwaukee and Madison, shall, or befoI
said first day OF December next, appoint agent VIII
shall keen an Office in the civ of Milwaukee. or j
the city OF Madison, FOR the redenp ion of all crcu
lating issued 10y such bank banking sssocia
ZION, which shall be presented to such sgent for pay
ment redemption
Section 3. The appoin mert Of such agent shall b
made IN wiring, and sGch written appointment sha
be delivered to the Bank Comptroller an or befor
a'ilA hrst dty OF December next, VINO snail HE IN
il his office. II any baukng associate
shall neg cct refuse appoint such agent, within
the Time above men TONED, the Bank Comptroller ssia
appoint such agent Tor such bank banking associl
ton.
Section 6. The Baak Comptroller shall, inuedi
ately after said first day OF december next, durin
such time as he may deem advisable publish list
such agents in one daily newspaper published in IN
city OF Madison, and in daily newspaper publisle
IN he city of Milwaukee, the expense whereof sha
he equally divided anon the several banks bank
ing associations 50 published, and be palo by them
the Comptroller demand under penalty Of forfeit
ure Of one hundred dollars, to be collected and ap
ped aS provided in respect to the forfeiture named II
section -, chapter Il, of the Revised Statutes.
Sect II : Every bauk or banking association here
after organized, shall before receiving any circulate
noes from the Bank Comptroller, appoint an ase a
for the purposes of this act and such appClntme n
shall be Immediately published in the manner afore
so at the expense "i such banh or banking assoc 3
tlon, To be collected in the above provided
Section Appointments Of agents made in pursu
ance OF this act, may be revoked and new appoi mt
mentS OF agents made from time to time, by delivering
such revocation and appoint nent TO the Bank Comp
ti@teT. who shall cause the same TO be published
before provided.
Section 9 It shall he lawful for any number o
banks or banking associations authorized ~ this &C;
associate he for sim
oht innc TO be placed IN zoe hands of their com
no agent Cor the exemption Of their cisculatini
"a 1's IN lhe c.y oi Milwaukee Madison and ais.
~ VIZ uiailng notes Of other banks in such name
NJ uhder such regulations may DO agreed upon
aiu !" employ such agents and clerks they ma,
ceem necessary carry on the business of such com
mon agency but nothing in this section coutainet
snail NhthoTize the redemption purchase by sucl
sgency ei any circulating notes rate of dscoun
greater than is herein provided for relieve sucI
BANS from any duty or liability required imposes
by this act.
Section TO- Every such bank or banking association
In TINS State, except such banks and banking assOcia
lions now NAV hereafter be located in TIA.
cities OF Milwaukee and Madison, shall redeem an'
pay on demand, IN the lawful money Of the Uni set
States all circulating notes issued by uch banks o.
banking associations presented for redemption
Office Of the agent of such bank banking associa
1on during the usual hours of business IF bankers
between the hours Of ten and rhre O'Clock at "A rate
cent
Section IL. Every bank or banking associotior
whose agent shall neglect refuse redeem =
demand aforesaid, shall, on proof being made
t. the Bank CompJrn Ter Of such neglect or refu
by the affidavit Of the person who presented SAID notes
for redemption or payment. and depositing his
Office the notes presented be subject to the same
penalties, and be proceeded. against the same
ner Is provided by law for where the cir
culating notes of any bank banking association
protested for nOn-payment, unless the Comptroller
shall be satisfied that there good legal defense
against the payment Of such notes.
Section T. Every bank and banking association
shall redeem its circulating notes provided
by law ia OF neglect or refusal 20 redeem III
notes presentation Is counter and of protesr
therefor, such bank banking association if To-
Gated within the city Of Milwaukee or the city Of
Madison, shall ue liable to the holder Of sue h
days after receiving notice from the Comptroller Ia
pay the same, redeem said notes in the lawful money