The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1863-04-15


secoHdy The o the circulating Hoies q s1ol
Ass1l -t .ea tlel circlla..ou
Thirdly The gre4I-st amount IL circulation az ans
time since The uaSug x thr st lTey stated 10 "a
shal have b-en eXllU oy the weekly Statements
TIE cashier specifying tie times when the same oecu-
Ted
Fourthly The amount or balances snd debts o. every
kind dse 70 ether banks and bank ius ASSOCIATIONS
kl-thiy. Tie amount lue g. aeposlIors
SixtA4y- The Total amount u debts aud liabilities %
every -rscf fct all tne sreAI - amount si--t toe
making o. tie lzsl previous statement speos lng tie
time Wien tie same Accrue4.
Ithly The tCtal amount o. tvllen1 declared on
The dav d making t1e Statement.
Eghthy lie smoUut o. AWi-l money oi tAs Caltea
States u-4ors ng 10 the association. an IL us flso1
al t-e ZINE 0l making the statement
NIothy. The Amount slb ecg % be lrawu a. .zi n
awful money Of the Juit-l States then remaining oa
des.1 With Aay asso,4tlons, oAuks ~ bankers speci
lying the amounts 50 deposit the Cltts bston
Prov Nleace New YORK Phl-a phz. Bsiunort l.-clu-
bati, Chicago. ~ Lolls New Orleans
Ienthiy lie amount snen on h.nd Of bis notes.
iss 4vc BY other banks aha banking 4ssoci4tllns
teNentA-y The amount ui balances due i.um other
o-aAs, oalAers, aud baking 4ssoclAti3ns excluding
cepssiis sGtec % be drswu al ss slt A1eresall
lweIthy- The amount A4na Of bills bonds
socGS- notes anl other evlislces ~ debts 4scullt
OF purchases oy the ASSOCIATION specify ne r-rc-i-ry
The amount OF suspended debt Tie amount corsii-..
Dad, he amollt ~dered coabtf-i. an tie am. ut
10 suit or judgment.
Ihirseelth lie value Of the real and personal prop
erty held for the ielce q the ASSOCIATION sn
fyng the amount of each.
Foartsenth.y. TIE amount II CA stale tAacn 90
T
Flt-enthly The amour. OF tie Undivided profits %
tie association.
si1ieenthy The total 4llo4nl u lie liability to The
ASSOCIATION ~ The directors thereof c0ecllyev sf.l
fylng the gross amount % such Liabilities IS ufi-
debtors and TIE gross Of ulorscs or suret.,
lie statement thus mA4e snail forthwith De transmit
TED 10 The Comptroller 90 the Currency.
Section 46 Ind te fgTlisr s7.lcfeI That every us
socA1ion may take reserve Receive and charge
loan or discount made, upon any note BAL %. a
change OF other evidence ~ debt such interest
or discount Tor the time the established rate o n
IeresI Tor ce4ay 10 The pay ulsnt money d. thc sh
ssnce oi contract between the parties by the laws o
the se rAl states "a which The associations are rcpt
tlNes located and no more: Irorldsd holg.rr hat
interest may be reserved or taken Ia avapce Al The
time o. aaAlne The loan or discount according the
uS1Ai rules OF banking and the KNOW ing taxing
serving VI charging ola rate onteres greater than tat
allowed by this section shall be held ana aiiudses for
ieure Of The debt or demand which same Is tak
en- reserved or charged bat the purchase discount r
sac Of ol or exchange drawn actually existing VA
ues and payable Al another place than the place Of such
purchase discount or sale a. the discount or
premium, shaA not be considered taking reserylag
| or charging interest
Section A.. And be s fuy1Aer enaces That the tots
Liabilities OF any person, Of any company or firm An
cudine IN the Liabilities of mpsuy or drm the li4
0nities Of the several members thereof 20 arv ass
alton, including liabilities acceptor of oouAnle bl.
OF exchange payable cut Of the where the ass
Won s located shall al no time exceed third ea
elusive OF Liabilities acceptor one NTH ami c,-.u
sve OF liabilities on such bnis of exchange one tenth
part u The amount Of the capital stock OF such assoc
tlCn actually paid in
SECTION IS And te frther enocted That no associ
atlon shau at any time, pay loans or discounts
or IN purchasing drafts bills Of e1chanre or m ,
mont Of deposits, nor shall in any other mode nut r
circulation iAe notes oi any bank banking
which notes shall not II any such time p. rersiv.rr
al a on deposit AMI m payment OF debts by he ass
cation so paying Oli circulating such ust.s. - st
Il knowingly pay out or put in circulation al notes is
saeu Dl Any bAlh or backing assoelat on rbcb al fs,
time OF such paying out or putting iu cr,sT,f, ~ r.
redeeming ts circulating notes lawful money o. the
! United states
Aud D.
Ter Of the notes, bonds bs Of exchange ans other v
ileAces oi oebt owing O. any ASSOCIATION or of demo-
= " Us creli al assignments of mortgages slrstI
Ou IeA- esae OF J4e gnients or DEGREES ITS Iayor
deposits Of money b-lion. 0r other r4.uaUle tbs .
u Use, OF ior the use Il any Or IT, or cred
tork, and al pay menis " money T. either mace fte
ne commission oi al act o. uvency OF 10 clutru
ton thereof with T. prevent the annIisst IN b..
Us assets ~ the manner prescribed bv this acf or viii
We" 10 the preference OF crecit0r 70 another ~
null and void ''i's
section SO. And Je Il fItser enacted. That the d
rSctOrs OF any association sha knowingly violaa r
Ancwlasiy PERMIT any o. the ol4Cers a.eits az
Of the association % violate any of the 80 N RI
act all The rights privilege and franz Mss f t. ss
citation derived IRON tlls shall be thereby f,rii,
such violation shall, however De determined ana al.
judged y proper circuit, district OF territorial eot
'1e CLleu Sates before tlc associai4on sns De ae
elreo olssolVed anc n cases Of such violation every
-rector who participated IL assaatel 10 TIE s. M
sha oe held liable 70 lis personal or vilual crs
y Tor all damages which The assoc.sf. rs
eTs, Or any other person shall We sustained ir orse
quence Of such violation ~ e''-s'
Section 81 AHd Be further enacted That the Com,
troAer oi The Currency, with The appreciation of the
Ie'ay u the treasury as often as Dee shall deem ecs
sary or proper, shall appoint suitable person or pef.
sohs 70 make Al examination Of tile Affairs u even
odnKing association, which person -naf. NOT D.. ir
tor or other orcer any association who's. .u,i~e b.
shah be appointed - examine and who shall tv r.,.
er 70 make thorough examnaiion into all the rs o.
'e ahsocA-llon and 10 DONG So examine 4rr q t
oihcers alc agents thereof on oath AM ,ti r,.. q
aud detailed report OF the condition OF he s. mon T.
'he Coulptfoer and the association shall rot be- sub
IeC' 70 any olneI vistor- powers tLan such az are
tAorzrd by this act except such as are y- . boz al.
several courts u law cnencerv Aud eve-v r.~s,
apf oMt=1 10 make such e1amInatsan sLu re.a.v al.
ns services az tie rale oi I've loaIs f.r each CAV H.
him employed in such examination anu two a..ar. r
very twenty i've niles hr shall necessarily travel l.
association BY lin examine
sec.iou 50 And Je a Jurtker ezacted. That ever,
president director cashier te Ter clerk ageat OF at
4SsoeAtoh, "ho Snail ernoezze. abstract or wlflli
nisappy any o the moneys funds o. credits a the a.
sOciaton' or Shall without authority from tn 4rectrs
issue or put 10 circulation any of tLe notes f ne s
Acni or snail without such authority issue ~ pat Tor d
any certiAc@ts "a oeposIt draw any Orler ar hs. q
e4eahse make any acceptance, as IN any mote bone
Graft- bii u exchange, morgsge ialg--1t IN 3ecr-
or shall MAKE any iase entry In any revert O.
statement of the association Nllh inteut A. iil.r ss
10 4HJ-ie Ut oefan- any other company BODY Qote %
corporate, or any ncviIusi person or 10 ceoei, an
omeer or agent apIoiutec 10 the aGars or Al
such association shall be deemed gui!tv o. ro.ter-
nor, and upon conviction thereof shall h. puptsse =
D. I = Than L.
. years.
SECTION 50 And be fur1Aer esaoted That the p-es
cent ana cashier or every such association shall "a
70 De kept al ali times full correct list q the nam.
an1 residences o. al Shareholders u Tie ASSOCIATION
ihe once where its business transacted 40 st H
shall be subject 70 The inspection o. al the ~ areho
ers aud Creditors oiths assoc during bustne- hon,
O ecn DAY 10 which business may be legally trauate
And copy Of such list, yer ined by the oath Of sc
PeslleLt or Cashier. shall, 81 tie beginning 0f ever
year Dc transmitted 70 Toe Comptroller Of tbe Cnrre
y, commencing The first Gay VI the lrsi quarter
O Ter the organization 0f the asso, ,.atiou
section - And b u fETth>r eraclad Thai The Ser
isry q Tie Treasury IS hereby sutborz-a whenever
hs judgment tie pubic Interest Be promoted ther
r. BY 70 employ any u such assoc 0ns Gong b.znei
1 under this act desitzriss Of the public rcreys =
y cePt receipts from customs.
.r section s. And b further enG1ted That al sui
ard proceedings arising Of the provisions a this ~
i ID "nch The tinted states ts ocers or asesfs s
b be parties shA be conducted By the district atone
s Of The ssFeaal cstrcts under the direction suo s
" vlsion d The solicitor oi the Treasury
.e section 50 And b fHrtker >lacted That every De
SOL NDc shall % iie cut, celace clsdgure Or Der
rate Win holes, or shall unts cement tozeIher on
any other thing - any balk bill draft note OF oil.
~ evidence q debt lssued b. auv such assctst r -
- cause OF procure tie same % be done with utert
a. render s1en Ozak Oil. draft or other evidence
e dsct Unit = oe ress1ec by sad association s ID
s. CONVICTION forfeit 1ily dollars u The sssocation v
sa4- Be Injured thereby. l. De recovered bv acton
any court having J-risciciou
J. section 81 And b fuytsr esdotef That n arv %
son s-A-l ia-seF Make Jorge cO-l lsrfeit OF cause
- procure 20 Be Uads forget OF co1nterfe ted or
u y ald or assist u i4isey making forging Or co.ru
ieifHg SLE note n mILstiou Of or purpo-t r u fe
= limitation q TIE Circulating notes ISSUED nd- th "a
vislcEs oi It's 4ct o. shall pass utter or pub ~
tempt 70 pass utter or publish any fzlse fors--
o. counterfeit note. puTportDg % be isscec ~ A. -
se c1l.on aolns banking business under this aci kno
h.