Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1861-09-18
General Election Notice.
For Pierce County.

NOTICE Is HEREBY GIVEN. that at the Gen
elal Election, to be held in the several Towns,
Wards and Election Precincts in the State OF
| Wisconsin, on Tuesday succeeding the first
Monday. being the fifth day of November
next the following officers are to be elected,
! to-wit
A Governor, in the place of Alexander W.
Randall. Lieutenant Governor, in the place
of Butler G. Noble; A Secretary OF State, in
the place Of Louis p Harvey State Treas
urer, in the place of Samuel d. Hastings an
! Attorney General in the place of James H.
Howe a Bank Comptroller, in the place OF
/ Guysbert Van Stcenwyk; State Superin-
tendent in the place of Josiah l.. Pickard (;
and a State Prison Commissioner. in the place
of Hans G. Heg; whose several terms OF office
will expire on the 3lst day of December, 1861.
A State Senator, for the twenty eighth Sen
ate District, comprising the Counties OF Pierce,
st. Croix, Polk, Dallas, Burnett, Douglas, La
| Pointe and Ashland. whose term of office VIII
expire on the first Monday OF January, 1864.
A Member of Assembly, for the Assembly
District comprising the Counties OF Pierce and
st. Croix.
One or two County Superintendent Of
Schools, in the several Superintendent Dis
tricts, as determined by the County Board OF
supervisors.
County supervisors, in the several superyi-
SOf DlStFlctS, ana Stlcn OtnSE COuiICS oIAteSIS
as are by law required to be elected at such
election.
At the same election the question viii be
taken upon the approval by the people, of the
amendments proposed to the General Banking
| Law, by Chapter 242 OF the General Laws Of
1861, as amended by Chapter l of the General
Laws of the Extra Session of 1861, as follows:
CHAPTER 2l2
as amended By Chapter 1, Extra Session.
AN ACT to amend the General Banking Law,
and the several acts amendatory thereof.
The people Of tie State Of Wisconsin, repre-
sented la Senate and ASScndly, do enact as fol-
lolgs:
Section /. Section %, of Chapter II, of the
/ Revised Statutes, with the thereunto belong
/ ing amendment. (sce chapter 50 of the Gem
eral Laws of 1852 is hereby amended as fol-
| lows: by striking out the following words !:
" Said stocks to be valued at a rate 10 be esti-
mated and governed by the average rate at
which said stocks have been sold in the city OF
/ New York, within the next six months prece-
ding the time when such stocks may be left
ON deposit with the Comptroller" BY stri-
/ king out the words equal to- and inserting
after the words mot exceeding" the words
" in value" By striking out the following
words but such public stocks shall I'm all ca
ducing six per cent per anrum ; and it shall
! not be lawful 70. the Bank Comptroller to take
! such stock at a rate above its par value, nor
| above its current market value in the city OF
| New York at the time of deposit by such
person or association of persons and inserting
il lieu thereof the following and 1t shall be
| lawful for the bank comptroller to issue for
public stocks hich have been ranging at or
above par during the last six months, and up
! Il, ,ofr I'm Now Npv.-
ket, circulating notes up TO the par value OF
said stocks; but the Comptroller snail not IS
sue tor public stocks ranging below par IN
said market more circulation than ninety per
cent of the current market value of said stocks
at the time of deposit. nor more than ninety
per cent of the average market value during
the last six months have been at and above as
well as below par, The Comptroller shall not
issue more than ninety per cent. OF the aver
are value during the last six months. nor III
any event more than ninety per cent. OF Its
market value on the Lay of deposit, nor mole
than ninety per cent of the par value of such
stocks :" so that the said section shall hence
| forth read as follows :: d" W Whenever, hereafter
! auv person or association of persons, formed
for the purpose of banking under the provis7
ions of this chapter, shall duly assign ana
transfer in trust to the Treasurer OF this State
any portion Of the public stocks issued or to
be issued by the United States or any State
| stocks on which full intcIt st is annually PAID
such person or association of persons shall be
entitled to receive from the Bank Comptroller
an amount of such circulating notes of differ
/ ent denominations, registered and counter
signed and not exceeding in value the amount
! of pdblic stocks assigned and transferred as
aforesaid: and il shall be lawful for the Bank
| Comptroller to issue for public stocks. which
! have been ranging at or above par during the
last six months, and up to the time OF deposit
! in New York market circulating notes up to
the par value of said stocks. but the Comp.
roller shall not issue for public stocks ranging
below par in said market more circulation
than ninety per cent. of the current market
value of said stocks at the time OF deposit, nor
| more than ninety pei cent. OF the average
/ market value during the last six months ; and
for such stocks as during the last six months
| have been at and above as well as below par
| the COMPTROLLER shall not issue more than
I ninety per cent. of the average value during
the last six months, nor in any event more
than ninety per cent. of its market value on
| the dav of der1osit nor more than ninety per
| cent of the par value of such stocks: PROM
| oZed that if i'm the opinion of the Bank Comp
| troller. together with the Governor and Secre-
tarv of State, any stocks offered shall be DEEM
ed insecure, they shall not be received as such
securities under the provisions OF this act
| And Dyovided fttrih r, that from and after the
| first dav of December, 1861, the Bank Comp
troller shall not receive as security for circula-
| ting Bank Not rs, any other public stocks
than those issued by the State of Wisconsin
and the Unitnd States.
Section 2. Any public stocks described in
the preceding section, and issued at rate OF
| interest less than per cent. per annum to be
receivable by the Bank Comptroller. shall be
made to be equal to stocks producing five per
cent. per annum.
Section 3. Section 40 of chapter Il of the
Revised Statutes is hereby amended by m
serting between the words "located" and alto"
! in the 9th line of said section, the words Z" or
| to the Judge at chambers" ~
Section 4. Every bank and banking associ
alton now organized in this State, and al
banks and banking associations that shall be
organized before the first day of December,
| 1861. except such banks and banking associa-
! tions as are or may hereafter be located in the
| cities OF Milwaukee and Madison, shallson or
| before said first day of December nextappoint
| an agent, who shalt keep an office IN the city
/ of Milwaukee, or in-the city of Madison, for
| the redemption of all circulating notes issued
| bv such bank or banking association, which
shall be presented to such agent for payment
or redemption. I ~
| Section 5. The appointment OF such agent
| shall be made inwriting, and sach written APP
pointment shall be delivered to the Bank
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