Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1861-10-11

70 administer UathS PTotided, that nothing in this
act contained hail lie construed permit an
ta12 Is nominal capital.
Section Is. From and after the first day OF Decem-
per next It shall not be lawful for any bank bank
ns IsEocia1ioh, tanker broker, company corpora
iion to circulate attempt to circulate or to nav
on as money, any bill, note or other evidence Of
uS't, sued or pGrportlUg TO have been issued bg
any bans, ba4k king ocIation counany c,rporation
or n0IT-d1 loca5 ed residing out OF this state ma
less said bill, OF note or evidence of debt shan Tor
the last xix mouths preceding such Circulating or
laying cu, have bsen redeemabIe il the city Of New
YORK or Eo toH IN current oney of the United
Statcs, at rate Of discount not exceeding three
iouFths OF enc per cent and the decision the hank
comptroller 10 the rate ell dscount sbsr1 10
maj and cole!uSlFe Every bank or banking aSsoci-
aton b&akeI OF tEoAer, corporation company Of
Tending against the provisions OF this section ebsu
forfeit for each and every often the sum Of one hun
drCu dollar, to De recovered with suit in rp
ana f0F the OF any person who sh.ll sue FIR
the sane and prosecute such suit TO judgment in
any court having cogniZaucs thereof.
Section L. Each and every person owning or hold
ing steck in any bank banking association who
shall sell transfer assign his stock any portion
thereof, in any such bank or banking association,
shall De held and remain for the term fisk months
from and after such sale, transfer assignm ent,
aioTt-aid Sf onatIy liable Fcthe amount Of stock
a aio-rala SON. Jransferred or assigned by him for
tie payment OF all the debts and liabilities of such
bank or banking ISOLATION, existing at the time OF
such sale, tran fer or assignment.
Section Il. This shall take effect and be in
force rom ana after the day of December, 1851
Section IS All acts or parts of acts conflicting
thi- act, hereby repealed.
Section 10. At tho general election to be held on
the Tue day next succeeding the first Monday in No
yember in the year 1891 at all che usual place Of
holding elections in thi State election Of all
officer required by law then tie elected the dues.
ton whether this act shall become l@w and go into
effect or iii any manner be force shall be submit
ted to the people, and if the shall be approved
by majority Of all the on the subject 1t
shall go into effect otherwise, it shall not 90 iHto
effect nor he in force.
Section 20. TIE votes cast on the subject spccif-
ed in the last preceding section shall BY separate
ballot, and shall have written printed or partly
written and PARTLY printed, each of them the
words: For amendments to the Banking law" or
words shall indicate the for or against the ap-
canYassed and returned in the anne manner as the
votes cast FOR State Officers required by law be
canvassed. and the Secretary OF State shall mmedi-
ately, the completion of said canvass publish
staten ent Of the result thereof in the official State
Paper and shall communicate the to the next
legislature at the of the session. and
he shall also deliver to the State Treasurer certi-
ed copy thereof, with ement of the result OF the
canvass upon the subject Immediately after the
rietion of the canvas.
Chapter 742, approved April IS, 1861. Chapter l,
Extra Session, approved MAY IS, 1861.
said election to be conducted, the votes canvsssed
and returns made in accordance with the provisions
ofChapter of the Revised Statutes of 1858.
Dated Sherif's Once, Jefferson, Aug. s. 1861.
HEBER SMITH,
Sheriff. JEFF. Co., Wis.