, 1861-02-18

may b deslrous Of inspecting the eamo; and every
such bank ehal at al times fn1nlsh TO any person
who mar demand the kame; the date OF aoy trkns-
SEC ii. Al bank bills or notes hereafter issued by
any bsok shall bear the genuine rtEhatuIes o. Hs
1ioc-president or asri.t1nt eashier: but no ny
person persons shall htgn the iar'ss Of n1Eu oi
hcess The authority Of al presidents atlc chsh}sss
without IN actua boaa dde capital Of dty thousand
dollars, and which ara not actual banks Of discount
Or depostt, shall be construed only 70 extend 70
slSuln-; tbs notes OF such bank: rud tho control,
management and business pertaining to an, saeh
bank association sal b eo!eiy exercised By the
proprietor OF proptletofs thereof .. hfs or their
legal attoyneysnfd power Of attorney to b. depns-
tied with md recorded in book It Kept fos inst
pur 'osc b. the audftor Of public stocE; th:
purpose ascest=lniuy who arc the proprietors q
all such banks assocatsons1 the respective presl
dents and c1shicrs thereof shall, Gn thc Arst MOI
Gay of duly and January tn each year. paaks Al ai"
daxs Of The IND residences of al snsh pFo
stock, and deposit the same with Tbs auditor by the
twentieth day Of said month; and tie attit9r shal
prciors thereof in book to be kept for that pu.-
posc which shall in all business houTs bs open to
she inspection Of the public
.of II e e. psesens @
ion shall be valid unless the sane 10 died AMI re-
corded In the Office Of the a1dltor Eos recei1lng,
aets a Which Il resrs r. tas auditor shal be ente
to Charge and receive the like fees - records q
deeds. All entries Of record In the auditors office,
titled copies thereof under the official seal Of the
auditor, shall be prna oeie evidence Of tho iae's
therein stated.
ply to the auditor Of public accounts for
aad securities r ~ 1sak q banks; s;x;s,a sDd
ihe,efor. rhall BE- entitled to demand mo re-
cetEe from said auditor an official ntemeut or tEe
condition Of said bank or banks. s to the csEeua'
his ulcc. Qf euch aena; d is msde in regular bust
NESS hours Of hus9ncss d,g IN said office without
any unreasonable delay. For such ah'te Ct, the
SAID auditor shall be entitled to as.e foch fees as
are tpw allowed to recorders for like service, and
uno dollar f.t afl1lns his official seal thereto
SEC ID. The ,rrasa..sa: ul state shall be allowed
to charge aud collect It. taa e's5A ,,5.,ed
stale as bis compensation for services sane.S,
and certifying bond. ten cent. each bond; for cut
ting and delivering coupons. I've cent. each con.
cent each bond; ior eoating. certifying cancellng
aud burning notes, ten cents each cIrttEeste' ~
recording certificates Of notes cancelled ten cents
each certificate; for Withdrawing bonds Aad taking
receipts ten centa each bond; fur safe keeping Vi
securities Of banks secured BY pledge Of bunds ten
ern:s Tor each thousand dollars on deposit SEMI
oEc. l5 Whenever th. anditor shall wish to
receive IRON the treasurer any bonds or securities
deposited for banking purposes. by atJ bank thtn
in liquidation he shall give nn,ice to the bank g.
rositlngthc sameb letter and to tho public bypn-
ltcitIcn IN some newspaper published ut the ecat
Ut government, that he vii! IN some day, not les
apply to the Judge u scne court Of general juris.
diction. at his chambers or II tsfm time as the
my he, for an order upon the treasurer to de-
Aforesaid: and said audIt"r shall on that day sp.
ply to e4id judSe for order fcr the delivery .!
sid bonds, many Of them II said judge tha'l
wise and said Judge shall make such order, II the
i cfrcum stances Gg the Ease, under the laws relating
tu banks, authorize the same which o!dIf rllail
be entered VI rccord'n The records u the Circuit
court OF san@amon county. In vacation Or term
time, and copy thereof delivered to the auditor
| who shall hlc the same With the treasurer. and
described in said osdert the auditor. This sec
ton =ta1l ne; extend to any voluntary witldr:wa
OF securities by banks upon return nf circulation
OF the surrender Of notea and taking Of bonds b,
t BILL holders under sec ion four Of artitle one.
SEc. 49, No bank shall hereafter receive urcn
the dep sit Of bonds, circulating notes to NJ
| amount exceeding three times its Gon1 tue cast
capital actually paid in :-and the bank commits
| pioners aud auditoF are hereby required aud IN
thurized 10 ascertain what the actual ca-h capita
q aay bank ay,n tos srsaaton mag pf, Hne
| cd to examine any prrsou OIL oath. and to campo
answers under oath, from any oiliccro: n'"eSho!c
er Of any bank 80 applying, or any oties FeFsen'
/ ARTICLE roCn.
| EEC. ]. NO D3nk fE1ll uEFcaltcT 1fS h1v1ALEA II
this state. nor shalt any more circulating notss b
Issued ru any bank III thi. s;atc, unless said blns
stail have 6ona fds cash capital CT at least twen
tynse thousand dollaEs actual; paid IN. IN Eoo,t
| faith for thu purpose Of rcmailiH. III such b2nl
o. capital aud it is hereby Declared that the bond
deposited wish the audi.aF rh,i not be considered
as any evidence oi thc existence Of capital in IN:
(, such bank Or useeciaston, nor o. The amount ans
SEC. Z. No banE shall hereafter bee.tabli*hcd Ii
nny city village having less tt'an one thnusan'
such towA or city shall he county eeat,) nor II
any other place than town Or city. T..
SET. ;, Any bank nov organized may enange 8, y !,
The fore going section, and the provisions "f hi
act, upuu making and fling Eew certificate EaI
tho auditor. secretary OF ttatc. AID rtcoru>r OF IN
county ~ which eucI bank Is removed, having frs
Published its intention Of dnin;: 20, iur thr''
.ea s Al IL lfas;tEss M from M aad 10 9eh bank nay
and ia bfls in circulation shall b. pa. able at ruc
new place, and protest. and demands may be mad
there. Ali ri;bts acquired and ali ront!acts made
shall b. aud cnuIe 10 and aS lnst the s1tt pank Il
SEC 4. Notes of aoy bank which may change II
name or location, shsll not be rca*wea. ana a
notes IN circulation It the time O. fesa
for, and all the old notes Of such bank shall te q:
ss5oyed In the manner now provided BY lay:
Sec. j. No hlnk ehofl, directly or indirectly
place any 11uEey in the hands of any hruser, g
other person Ut corporation in this state: TO h
loaned 10 others. or charge Or tlse O celFe an
interest, compensation Gr benefit whatever, from
thes such loan Re nade from il own funds or othc'
wise; aud the person OF corporation 20 bortowah
sata fund* IND % ia9 tho ~ ben.ai % or ea TANK. rhs
held-.o far regards the bill builders asd crst'l
ors Of such bank-tn be q trustee 70: The heuei.t
such bill holders and creditors, aud be co.rSellA
to account to them Ia n cocrt OF thluctty tn- sue
loan, deposit, and the profits thereof, Z" parso q
assets OF s1Ii bank: PTovAled, thts SC t:o', So,
Tt1,T
the rt,tscmi1,g agency Of ruCla baLk CT funds L
posted ~ n basis Of dEawin. bill a exchange.
Sec G. It shall be lawful for any bank orga.1cz
OF hereafter to be organtzcd unde7 !he provision
oi this Of the ceye:al ncss to which this tst
! amendment. t., withdraw froI, lae auditor rteut
ties deposited by retiring iss ezeuatc uEder = 4
not exceed tyc thousand dollars; ard such l1..
shall not for5eit its corporate existence sn! priv
leses by -uch cduction Of calculation and We'll
! dcawal of securities.
SEC. T. No bank shall IN any wise be per1nttt
TO receive from the auditor conpnEt. dividends
Interest upon any i curitles deposited witt lt.1
! secrEel at the time.
ARTICLE FIVE.
SEC. L. 1t shall be lawful hereafter ftr any MA
ter it: clancery in this etate to grant inJuc,iun.
restrain the audiscr from ?u.tin:; any hanE II tn'
liquidation and lr,n, selin. The l,unds If -uch ha
10 1elee Its circulation f~r failure to Trdctil
circulating notes on deruaut!.
SEE. ?, No judge shall s. ant aEr irjanc;ion 4
that the balk would not be buund IL pay the :os
protested or where no substantial deiault in cs'1
plying wit the provisions III tho law has 81
dune or suffered by said bank. II in aDy ease Eli
five days notice shall have been ;sscu to lhe sut
, tor.
Sec. 3. Protests for the non-peyncnt Of Lie c
calatius notes OF any bank, at irs location oraEen
lii this state. may BE- made by ATTY .ulary pnh &c
/ this state. Protests for the uoE'pisuaeht Of I'll
: nuiea may be tn4de Of q package containing ~
! number uf such bank bills Of t4le dcnominattt
and 4 description OF the c0ntepts OF eal1 racka!
by the denomination and amount of said Lotes
such pArkase shall be sufficient description il
the erttCate OF such ut3.y with his nolari te
: that he dcnl .nded pay Icnt u Ae same aud Ut Il
tinlc and place therein specified. rttal BE- sucic
evidence of q demand and refusal TO- rct!ecN
!. saca time and p;ace: PFrr;dtd. ! hat The ianS
its agent On Whic, the tleulaId Is ElaGr, EBAY es
lniic any tnd all Gills il saA package At the liz
!. bf said demand.
;. Sec. 1. Any notary publ who shal: render
fa.-t ctrtifcalc OF euch demand VI refusal. ut "
\ | shall make suc1i dcmaul on ether than busiIe
f. days aud during tue regular busiEers houls.
h Tween 10 o'clock A. u. aud !; ociUe1 r. u, os
any uth3r place than where raid bank shall tie
= law bound to redeem SAIL uutei OIL pstscIt1Hc
y shall hc deemed guilty OF a Ei:h n s3.lacano-. !
on conviction thereof shall forfeit Ills Office i
T shall be pu1fs!lGd by hle Of no: lass than o
/! thousand dollars, and imprisonment MT h
uhe year nor muTc than two years III lee pcEll&
y tiary.
II SEC. 5. II any notary public charged with I
= demand and prtest ct The bills Of any bank In II
u etate. th1u lind po p:cc ci business Gf aseLcy
il said bauk In tho town or otEce location III st
y baES OF IN the place Of its rtdcr a.i1 :c:'t q
y tho Office al raid 6abE or agency Wien foahu l.
L be closed during The usual hours a.otesa!d OF 8
business day. the o:Ecta1 cc7:iacate OF said not1
y ah1i-hiny either Of said facts, shal De deets
ad taken IL hare the slu!e eject a, d:tnll,l II
!. p:ote.t On pscetniEacht u taa@ Lot:s tos 1cie1
- iion- .
= SEC. G. II any per tn persons shall "hs;rs