Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1861-10-25

to administer oaths Prorid>d that nothing in this
act cont aimed hail be permit any
Fans 70 issue circulating notes TO any greater amount
than its nominal capital.
Section Is. From and after the first day Of Deem
per next 1t shall not be lawful for any bank
Us aseocial3oh, banker, broker, company corpora
lon to circulate attempt to circulate or TO nav
out as money, any bill. note or ether evidence of
eeDt ISIS ued or purporting to have been issued bv
guy pahN, o&nklng location. company corporation
or individual located residing ont this State
less sald biil or note or evidence OF debt shall for
the last SIX months preceding such circulating or
paying out, have beon redeemabIe in the city If ~
/ ork or Boston IN current onev of she I-ri+.J
States. at rate OF discount not exceedin~ tFr.-
IouTths OF one per cent and the decision the hank
comptroller Is to the rate of such discount bal1 -
final and conclusive. Every bank o~ bapLi,r .le,,;
alton, banker or broker corporation or connro,-, -
tending against the provisions OF this section sill
forfeit for each and ever ocnse the sum a ~
dred dollars to be recovered with costs fsjt n ~
name and 10. the use Of any person who sha sue for
the same and prosecute such suit TO judgment in
any court having cognizanee thereof.
Section To- Each ana every person owainr or Il o d
ing stock IN any bank or baaklng association, VINO
shall SELL transfer assign his stock or any portion
thereof, in any such bank or banking association
shall be held, ard remain for the Of six mouths
from and after such sale. transfer assignment IS
AFORESAID, personally liable tothe stock so
aforesaid Sold transferred or assigned by him for
the payment CT ali the debts and liabilities of such
bank or banking association, existing the time Of
such sale, transfer or assignment.
section Il This act shall take effect and he in
force from and after the first day Of December 1861
Section IS. All acts or parts of acts conflicting
Win. ot III any WY contTdTelInC the provisions
this act, are hereby repealed
Section ~ At the general election to be held or
the tues t5 next succeeding the first Monday in No
Eember IN the year lS6l at all the usual places Of
holding elections in this State for the election of MI
officers required by law then be elected the ones
ton whether this act shall become lsw and 60 in
effect, or IN any manner be force shall be submit
ted to the people, and if the shall be anproved
by majority of all the on the subject 1t
shall go into effect otherwise it shall not 20 into
effect nor be in force.
Section 20. The votes cast or the subject suecit
cd IN the last preceding section shall by seUara
ballot, and shall have written printed or partly
written and partly prir ted, each of them the
words: tSFcr am endmcnts 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 east shall be
canyasSed and returned in the anne manner as the
votes cast for State Officers required by to he
canvassed, and the Secretary OF State shall immed-
ately, on the completion of said canvass publish 4
statement OF the result thereof in the official
paper, and shall communicate the the next
legislature at the commencement of the session and
he shall also deliver to the State Treasurer certi-
ed copy thereof with statement of the result the
canvass upon the subject INN ediatey after the
Pletion of the canvass.
Chapter PAP, approved April Is, 1861 Chapter /,
Extra Session, approved May 25, 1861.
Said election to be conducted the votes canvass Cd
and returns made in accordance with the provisions
OF Chapter of the ReTised Statutes of 1865.
Dated sherifT's Office Jefferson Aug s, 1881
HEBER SMITH,
Sheriff, JEFF Co.