The New York herald., 1863-11-21
NEW HERALD SATURDAY, SHEET

20 the cashier of this bank bc resu, Thereof ond the
sec g Tho cashier, upon receiving fns certificate OF
the 1dgcs Ct the eectI es Rto ess d. shall The
shalt notify the directors elect Of tLer election ard
OF the time at which they required 20 meet al tbe
Organizing Che new Bosrd. II at the time fixed for
thc meeting the directors elect th lld not
quorum present the members present may adjourn from
Cine 10 timo. until quorum Is ob,aiied
Sec 8. If Tor any cause. the annual election Of drcc
tho Botrd shall order the .ceccD % be held on
other day OF which special election notice shall be given
Judges srroled end returns msdc aud directors cleo.
notified according &c the requirements and provisions II
section 3 Of these by av'
| oETmTs
| Sec The ohcers Of this bank SHAH pe president
Cashier. Teller BooLkeeper and such other officers
may be from time 10 tme required or tho prompt aud
/ orderly Transaction Of It's businoss
Sec s The President shall hold his once (unlcss he
shs resga or become dsqNauhod, or be removed FOR
the current yosT for which the Board OF which he shall
be a member, was elected In case vacancy IN tbe
Board Of Directors or In he oce Of President shall occur.
during any current yesr shall be Slled BY The Board
Q. The Cashier and the subordinate officers shai
be appointed to hold Their Offices respectively during Tho
| pleasure o the BOARD
Tor a the Dooeys funds and vauabies OF the bank and
shall give bond with security, to be approved by ths
the faithful aud honest discharge of his duties a. such
cashier and thai be will falthfuiy apply and account for
s,m s sa9s Sas ana 20 a0oOs ~ apt ass Ss
Directors Of .his bank or 70 tue person persons
| thoriZcd To receive them.
Sec s. The President OF ths baak sbaA be responsible
tor all such Sums Of money and property OF evcry md a.
may be entrusted to his care, placed hands by
the BOARD Of Directoss, byths Cashier and shall give
bond IN the penalty OF dollars. with secgriiy 10
be approved by tbs Bcsrd conditioned Tor the faithful
discharge OF his duties rs .ch President ana that he
win fandflly apply and account: FOR al sums money
aud other property OF the back that ma into nis
hands such President pay over ani deliver tbo
10 the order Of the Board Of Directors or % any
other person or persons authorized r demand sodrccea
| the same.
| Sac Tn, Te,ia, aha. "a, o s,t, "a. al .cn ma
Of money property, and t1nds o every description ~
may. from troe 70 time be Placed b,s hands b. tho
aud shall give bond itn security 90 be approved by the
board boa 10 the pspss, Of - dollars cood'tiCoed toF
| and that he viii faithfully apply, account fo, on p1y
over al moneys, property, snd lands o every nescr
as teeT 10 the order Of tho BOARD Of Director -caoid
or 20 such person or lcrson, usy bs ,utho.i
mad and receive the s,ino.
SEQ 10 ine following is . deacc,ptoo o D. s,ei
adopted by the eosra OF th, haos tDcr, ,o,.- des
criptIon OF ths seal
oec III ~ tFansiers ana con; ty aoces o. fte eet's
shhil made b' the eaak apo Under the sea tuereo
accordance with the orders a the taci ,od hal be
ssoed by tho president or cashier.
Sec IL Whenever sn ucco,se OF STOCK s6s. b. dsiec
mined upon, IA accordance with the proveions OF tho.
articles Of the ASSOCIATION Of ths bsnN II III,
duty of tho Bcad notify al stocKboders o! tie
same. and to cause sabscrp!or 10 be oDened for such
sockho!der shall have privilege Of subscribing
such number or shares OF the aew .oc az he may he
in the bauk Il any soc.hclder sSod fail To- srperibs
for the amount o. stock TO which bs may be entitled tho
Board Of Directors may dc'ef@ne waat d'spcsou sE.
be made OF the privilege O. suncrhiDg Cor tbs gDagb
scribed stock
AVS .ess o. .iK s.yN
Sec 10. Tho bank sba rs opco Tor business from -
O'Clock N TO - O'Clock = 81 f zach dag o! the
year, excepting Sundays aud days recognized by .hs
There shalt be standing committee 20 loo known as the
Exchange Cominitee consisting OF the president cashier
months, to con,iaec to ect an succeeded who siaIl
have power 10 discoaot bills notes and other
Of sschanse sa Se sn" Al each ,ssr @ se,nr nee Ss o
the Board make report o. The bs notes ~, cha ed
by the'" snco 'heie last pses,',. rsaart.
Sec IA The articles of ss,oc,s,ioa OF ,hss htak
ana tue returns c the iadee a tee elections, sba be
recorded 'n the minute boos, IL which shaN also he
recorded tae proceedings ,ne Board a All geeuar Ard
The minutes Of each mee.as snail oe signed BY th,
president and sttested by the cashier
Sec l5 The stock OF tn. bank saaN be ssstsna-
bic only the box. oi tha baoa. SUI, &c,
10 the restrictions and rroyisicas az ths act; |
nd transfer book shall be Kept In which ali assgn
meats and transfers OF s,ocs sha,, be made Trsssrs
OF stock shall not be suspended preparatory 20 de
carston OF dividends and except IN cases Of sereemen'
TO the contrary expressed Ia the assignments dvdcbds
shall be paid TO the stockholders whose naa
shall stand on tbe day on which the dydenos de
Sec sec 10 Cer,iac.,es o. STOCK sts"sa BY ,ae
Prssasn' and Cashier may % Se ,.,sss to s'o,s
face thereof that hs stcck Is transferable Ooy the
books or the bank and when siock transferred
certificates thereof shall he returned TO the bJnk
ceied. and new certificates issued
All the current expenses Of tho bank shall be paid By
the cashier, who shall every six monihe, or o'tener If
required 10 do make a. tho Board delcd statement
thereof
ccsisMr,.
sec II. All contracts. cactks, drafts etc. shall be
signed by the president or CASHIER.
EyAxlNA1ioSs
Sec IS. There shall 10 apponted Ny tae '.oe every
three months, committee wheSe duty II shall DO 10
into the affairs OF tho bank, to count s cash,
and compare asscts andtabtes with tho balances
the general LEDGER for tho purpose OF ascertaning
whether not tho books correctly kept and the
condition OF the bank corresponds herewith whether
the bank Is q sound and solvent condition. the
result OF which examination shall be reported to tho
Board at their next regular meeting.
Sec l9 The regular meetings Of the board shall te held
may be called by the president or cashier.
. QUoaUMs.
Sec 20 1wotbrds OF the directors Including The pros
dent, sheil be "a quorum TO do business
sec. 81. These by laws be changed amended 10y
The vote Of two thirds OF the directors.
NorE.The foregoing form OF by laws Submitted TO
the Onsideraon OF the directors OF National Banks They
WILL OF course, have 10 be modified TO suit the circum
stances OF different banks and the views different
Boards but believed 10 contain general such rules
required for the snagement Of banls. The bonds
Of officers should be drawn according the tenure OF
their offices, aud should respond with to is Of
their appointment.