Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1861-09-27

to administer oaths Prorided that nothing in thi
act contained shall be construed as to permit
oank TO issue circulating notes to any greater amount
than its nominal capital.
Section Is. From ami after the first day of Deem
yer nNAt II snail not be lawful for any bank bank
ing association, banker, broker ccrnnanv or corno~s
Io, 70 circulate or attempt circulate, or to pay
9ut as money, any bill, note or other evidence OF
Ueu's suGd OF purporung to have been issued by
or Hs as oeia!on, company, corporation
OF located or residing out of this state IN
less sad DILL or note evidence Of debt shall for
the last SIX months preceding such Circulating or
pay out nave been redeemable in the city of New
York or Boston in current 7 oney of tbe Tnit.d
states. at a rate of discount not evcaa5irr +b-a.
fourths of one per cent and the decisia, = 49,
comptroller as to the rate of such discount han r.
final and conclusive Every bank or bsnki,- go;
ation banker or broker, corporation or comraT,- ~
Tending against the provisions of this section bo
forfeit for each and every ofense the sum Of on INN
dred dollars to be recovered with costs of sniff in -
hume and for the use of any who shall sue for
the same and prosecute such suit to Judgment in
any court having cognzance thereof
Section To- Each and every person owning or hold
ing stock in any bank or banking association. who
shall SELL transfer assign his stock any portion
thereof, IN any such bank or banking association
shall be held and remain for the of six mont hS
rom ana after su eh SALE transfer or assignment,
ara personally liable tothe amount Of stock
a aforesaid sold, transferred assigned by him for
the payment of all the debts and liabilities of such
bans or banking association existing at the time of
sueh sale, transfer or assignment
Section L. This act shall take effect and be in
force rom and after the first day of December, lS61
with, or in any way contraTening the provisions Of
this act are hereby repealed.
section II. At the general election to be held on
the Tuesday next succeeding the first Monday in No
yember, in the year 1861 all the usual places of
holding elections in this State for the election of all
officers required by law then to be elected the ones
ton whether this act shall become law and go into
effect, or in any manner be force shall be submit
ted to the people, and if the shall be anproyed
by majority of all the votes on the subject IL
shall go into effect otherwise, it shall not 90 into
effect be in force.
Section 20. The votes cast on the subject sncc;i
ed in the last preceding section shall be by SEPARATE
ballot, and shall have written printed or partly
written and partly printed, each of them the
words: ''FoT amendments 20 the Banking law :" or
''Against amendments to the Banking Law which
words shall indicate the for or against the an
proyal of this act; and the ballots so cast shall be
canvassed and returned in the Came manner as the
votes cast for State Officers required by law to be
canvassed, and the Secretary of State shall mmedi-
ately, on the completion of said canvass publish
statement of the result thereof in the official State
paper, and shall comm uncate the same to the next
legislature at the of the session. and
he shall also deliver to the State Treasurer certii
ed copy thereof with statement of the result of the
canvass upon the subject Immediately after the COM
pletion ofthe canvass.
Chapter 242, approved April IS, 1861. Chapter !.
Extra Session, approved May IS, 1861.
Said election to be conducted, the votes eanvassed
and returns made in accordance with the provisions
OF Chapter of the Revised Statutes of 1858.
Dated Sheriff's Office, jefferson, Aug. s, 1851
HEBER SMITH,
Sheriff, JEFF. Co, Wis