Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1861-11-08

scnce the deputy comptroller is hereby anti or;x5
20 administer oaths Pr0rided that nothing In th.
act contained shall be construed permit any
bank to issue circulating to anv yreater
than its nominal capital.
Section Is. From and after the first day Of Deem
Der next II shall not be lawful for any bank or bank
ing asfociation banker, broker company or CORPORA,
ton, to circulate or attempt circulate or to raw
our as money, any bill. note or other evidence OF
debt issued or purportiug have been issued nv
any banS ban king ociatiou cornrauy r-,o-s,io1
or Individual located residing Of this State
less SAID Dill, or note evidence of ebt sb.u
the last six months preceding such circuI,tirr -
paying OUT have been redeeuaha in the civ of Nsv
York or Boston in current L oRey of tn. In;, -
states, at rate Of discount not exceeding three
fourths OF on per cant and the iacison 80 H. 80
comptroller as to the rate of such discoupt han be
final and conclusive Every bank or BANKING aSsoo;
alton. banker or broker, corporation or comnsn~ ~
Tending against the provisions of this section
forfeit for each and every oTens the sum If on. bI
dred dollars to be recovered with costs of sut in ~
name and for the use of any who shall sue for
the same and prosecute such suit to Judgment in
any court having cognizance thereof.
lection 16. Each and every person owning or hold
ing stock in any bank banking association who
shall SELL transfer assign his 81 ck any portion
thereof, in any such bank or banking association
shall be held and remain for the of six tbs
from and after ch sale, transfer assignment as
personally liable tothe amount stock so
as AFORESAID solo, transferred assigned by him
the payment OF all the debts and liabilities of such
bank or banking ISOLATION, existing at the mo of
such sale, transfer assignment
Section II. This shall take effect and, be in
force from and after the first dav of December 1861
section 10 All acts parts of act. conflicting
with, or IN any way contraYening the provisions of
this act, are hereby repealed
Section 10. At the general election to be held ON
the day next succeeding the first MONDAY in No
VENT er in the year 1851 at all the usual places of
holding elections IN this State, for election of all
officers required by law hen be elected the ones
ton whether this act shall become law and 90 int
effect or in any manner be force shall be snbmit
ted to the people, and if the same shall be
by majority OF all the east on the subiect il
shall go int effect otherwise it shall not 90 into
effect nor he in force
Section 20. The votes cast on the subject spccit
ed in the last preceding section shall be by eparate
ballot, and shall have written printed or partly
written and partly printed, each of them the
words: ''For amendments to the Banking law" or
against Amendments to the Banking Law - which
words shall indicate the for against the an
prevail OF this act; and the ballots so cast shall be
canyassed and returne in the same manner as the
votes cast for state Officers required by law to
canvassed, and the Secretary of State shall imms d
ately, on the completion of said canvass publish
stat ent of the result thereof in the Official State
paper, and shall communicate the the next
legislature at rhe of the session and
he shall also deliver to the State Treasurer cerif
ed copy thereof with of the of tho
canvass upon the subject Immediately after the com
pletion ofthe canvass.
Chapter 242 approved April l3, 1901 Chapter l.
Extra Session, approved May IS, 1861.
Said election to be conducted the votas esnvassed
and returns made in accordance with the provisions
OF Chapter OF the Revised Statutes of 1883.
Plated sherif's Office, Jefferson. Aug s, 1861.
HEBER SMITH,
Sheriff, JET Co., Wis.