The Smoky Hill and Republican union. [volume] (Junction City, Kan.) 1861-1864, 1861-10-10

ciaCGn, IfCtl siAS I
proper. he any hank or C
',..,cis. ions established under tAe Pro
tbis act. and all notes or bill; issueu
s,I nut in circulation as money, s - :
e;gned by the president anu cH9 5i1- to,rb,
,nd IN suits. actions and pr9eseN'nsS 49, ~
-. ,,r,ssc1rtrd l,y and in behalf OF such DihN VI
! OF o,.oa;o,ion. shall be brought ana
Dr"sanTted in .he corporate name meh!ohet III
made and fled as hereihoeio1e
e. 10 Ttshan be lawful for such bank OF
i .t;ne association TO purchase, hoia anu ooi''
ra,, real estate, fer the following pun Posea.
R;rst-Sueh as shall be necessary '1f - --,'
17;..o accumulation in the convenient iran,
Llieei''to - r,s;reee Second. Such as shaii
, -r-rt,,,aa 10 il IL good faith by way OIL
. lssc1rit- for loans made by, or money cue " i
, - hsnlc Third Such as shan De conEe3e' {
- sotiefiction of debts previously CON |
-. ~ :. :, tbe course of its dealings FOURTH
sncb a. 4 hail acquire by sale on e1eeu'-en
:, ar decree Of any court II It's lgF0r' ne 80
s hank SHALL not purchase, ho-u o. 800 I,,r
estate in any other case, OF i0r az! 80 f.,.b
! - vrbs4eyer and all conveyances OF sum
n ~ asta-a shall be made to the corporatiohs'
- III Tbioh real estate the president anu cashier
q nav sell assign, grant or convey under 'iic
- ifr9..f;on Of The association, free from any
= cIa;r, thereon in favor Of or against the snafeS
" boIders or ans person claiming under 'heh.
Src. 20. The president and CASHIER oil every
- hank formed pursuant to Inc pIo'iS'olo, Va -.
a., sball. at all times, keep true anu cofIeo
- ~. - the names Of all the shareholders OF
:, ,ob b,nk with the amount OF STOCK he'u D.
- ob The times OF transfer and to whom raAs-
~ f-rea and shall. ti,e copy OF such ist II 'iie
:. e. of the rerister of deeds of the county
- Trbero;n such bank may be located, anu al1o
-, in The office of tie Auditor u Sta'e, ga W
~. first Monday in January anu July ~,
-, -, and the stockholders III eaeh DahA s"hi
h' -" ;',;vidu,Ilv liabl. in amount equal to dou
~ 81 the amount Of stock owned by them; 'or az
80 10 dabts of such bank, and such huiViuua
49, i,h;Iitv shall continue for ere year ai'e, an
e ..anster or sale of stock by any stockhoiuer o.
ion stockholders. .,.sr,v =
his anv bank est 4b!lshed under the pr0',sloHS =
this act, the biholders thereof snail ps CIV
he tied to preference III payment o'e' "
rs creditors OF such banS. h,n
- SIC -. Ii shall not be lawful for any oah
~. formed under the provisions oil TINS ac'
m make anv Of its bills, or notes TO De put ii Ca
t;n, cn,ation as money, payable at any other piac
boi than the office where the business Oh .lt va"
70. il carried On and conducted, nor to issue
y, the same at any other place, ami sala o,i7
,nl notes shall be made parable on aeii''iio 90
. of without interest ~ an
inn. t..
Nv hank DESTROYS CT relinquishnS the oailAiI
: ~ Ipsi,,a s shall notify the State Auditor Oh 80,
IN intention, then, and IN such case IL s1ai,
~ competen, Sor said bank or bankers 20 ieuec
a,J and deposit with the Auditor oil Sta'e' iIo
-, tine TO time, any amount CT thelr clic'i''
- notes which may have been issued 10 -
- ossooi3tiou bank or bankers, IN sums NJ
arsr not less han one hoosaGd dollars at a.
: - o,a fine and to receive therefore ana !" II
- - IT,. ~ .n eoual amount CT securities py tAt
NC, Ianos;tel with The Auditor Of State; DRY
- bank shall continue TO transact any o"7ii-'
- whatever. further than what may 90 reqa!.
- - To e,ose up after their capital stock' Cur
- - or circulation shall have been reduces ~ Is
=. .h,n tvcaty-fre thousand Il liars, nor i'll a
NAM go ofter two yea;s from the date O 8
notic, # intention to re,inluish ana c.ose
-beir banking business, as @4oreslV'
~. 90 wbane,er the retiring bank OF bankers 81.
-. Iasjrs to withdraw al the sec'n't,ea heret; Z
"a! Is1red With the Auditor of State, they may
- =. Ly producing and fling with he AUalto'
..ai. STATE :, certificate of deposit to bis crea't
erel, lanll as he shall approve OF, an eq
'i - s,sT With he circulating notes Of such 3.
:" - -. sai}s thsu remaining uureiesme.l, AM
> si s,,,li-o- u state, on being satisfied OF s.
- I,ras;,s. aud OF The sulIyieaoy tA9Ieo!' 3
81 i've an, al tie remaining secuuuss hereto
.,.1ll Ieros;.el by such bank o. bank rs i2f
irsdsmpt:ou If the circulating Gotes isslea-
- - SFtl 4 Saeh banking ASSOCIATION OF Ga
- Ter. after having compiled wlth the pFoS-S
~ Of the last preceding section, shat give ~
ss.is for tgo FEARS, il some newspaper PRIV
- tIa caus,fy where such bank shall have
80 II@catsd ana IN = paper printed a Inc ssa
- ~ .avern,uert Of this State, that al cifeui'
"a u 49, issusa by such banking associate
81 c,,t il,,ker Unjust be prssentedi at me in'o
80 St,te's lice, within two years from t"e
y - =, sreb ,.otice or that the funds dePositeu
,5,5 -i,e 70 {gtln;tion of the notes VIII be give
III "a The banking association or banker an1
o,. ~ rseeiy;rg satisfactory proof OF the giEiH
a. I'll sr,oh notice for the time aforesaid the Al
: - ~ STATE shall surrender to the order Oh
:. b.,,'..no association or banker, any secuf
go. ,rbie, he may hold for the payment oi
80 or u,re lesnled notes Of the said b&hkin5 ass
makers ton or bankers.
,o-1he src. %. Any banking association or GA
mans wishing to Withdraw any OF the secuF1''
vii IN tLe., deposited with the Auditor OF State'
loss 70 d, so by depositing an equal amount
nd the circulating notes which may nave peeh =
alton Of to said association or banker oy the
~ days Of State, IN sums OF nSt .ess 'N-l- of
and in rifles thus Withdrawn by deposits OF sa!'
os New eu!at;ac notes, shall no: reduce the amor
,.'s Fx stock securities remaining In the hands
t public Auditor OF state, to less 'nan
!. ont Of thousand dollars.
.po rita SEC. 26. The securities to be deposited
ve besn the Aalior of State, in trust, by any as
,h hank ,ionor banker, shall be held d nm
nothing s;yely for the redemption Of the biis OF
dered as of such bank. put in circulation as n
i s,s,a o,t;l the same are paid and returned
bavond Auditor of State as provided Ia this act
rledgea the Auditor of State may assign said sec'
ptinn 10 said association OF banker transform