Delaware State journal and statesman. [volume] (Wilmington, Del.) 1855-1870, 1863-03-06

Gai il, tbi' -, " ~ my S' F'f ~ So 'f
zee ib AMI be IL further snaef,d That everv
association attsr bavin, rnmnIied ,ti,b the nroyi
slons OF thia act prelimnlry 10 tha commandment
of bapking business under ia PROVISIONS shall trans
fer and deiver 10 tbe TreasnreT Of the limited satas
Auy Initial stntea honds barring Interest to an
amount moi less sn ons third of the eanita stoe maid
In; which bonds shall be enosted With the Treasurer Of
the United States and by him safely kept In his office
until the same shall ia oibariss dpossi of in nr-si.
9 OF the provisions Of this act.
q, ia a5 h i, s,,v,t., .s,., -rh, ~ ,i
~; z"e q % yutNteI s"uettu, 4nat upon the
~ a. my uV sa"sei 1 any usii,eiy, .Ia ~
liz i,o sse ~ ~ snaIi pe e.lteu ~ eoelsu Lo e
toer u 'e currency seulapg noea oIuluelsht
70 9iAnA. tegis.etea anu oonnteIagneu az
@ ~ pioNlueu' qu.l in amount 10 niney per eeh
tu o' tne current a.kst Yalus OF me uhlte9 stAies
ppuus ~ anhereu hhu uenVerul uut not eNu ,alne he
par value thereof II bearing Interest at the rate Of six per
" ~ e4utNeent oui,eu ee,eS uouus vearins q
i' ~ VI lnte'est Anu et NJ hne shail my ~ u aouh
~ ~ sun noes' ssu'u 70 any sven ssSocla9a, eAesvI
nv s e'AVuns d. SUN une aetuaf pau iu VI iN eHli''
'oeh' d, - ,. ,,,.. ,, mt. A., 1T,
sec' u ana oe u turner ehaeted, ihAt inc entlre
oi clte1iatlng hoes v ~ s1ueu anuet tnls aot
s1i uo' sAyee9 Seop' u,v Ohe huha!eu ah9 my
niiois ol Nheh sum snal Ds appnruOhsa 10 associations
~ se asa'e, IN ny pis.liet o. o9iuinplA anu IN t9
net.sviles aoeo,ulnB 10 speseuAtye popuanon, ahu
h e T1inuer snal Do appofonsl oy tne sscretary o
~, w l'easuy among assScAu0hs iorea 10 ,ne several
~ tue I" HAu ~ iio
na,hb uue ttsaIu 70 tne eAistlnB pauhlns vnpi,s re
soulgsA anu BUSINESS oi sueh staeH Dlset aho ief-
tories
oes. TO- hha Oe a yurther eheeed, Inat IN order 10
iuinls'. suitable hules lor cfcuhuoh ltne OonptOler
m 'lS ~ neieuy sTu uuer
.he ol lhe sfetetaty 1 tne Iieasuy 70 cause
paes 70 ~ engraved ln te hest manner 70 suAu Ashs
% anu i,auuuieut AeIa'ions @ anu 70 haVe
prihleu uetelioi, aha huhnereu suc luany o. oyu Ky,
ssn IN ei, W e "a " ~ iseno @ p ~ r. S'V ~
~, Soo ~ VI W. anu PlOou, as may pe required 70
suPpiJ uuuei nis av tne ssoolallVus eneu 10 reeeFo
he same We9 noes snAi sA upon tneli re- lnht
hey Ne seuuieu ~ Usee sta.es Dolusi uelusl.ea WIN
a %. ,e UuiteI oe'eT, a i aeu m uuer .ns
by me written or engraved signatures oth Treasurer and
he9s,er anu py lhe imprint OF me seal oi te ieAsuiy
anu ha also express upon their lace te promise OF the
~ tle sBm,u,es"i "i tue WI ''' n' ~, zee teht anu
cashier anu the said mo- shall Dear sueh devices and
suou u',er hAeinen,h' hnu hnai pe IN tuun lorn Us
ne eevte'ay % ne ireasuy sAll py IesuAuoh, ulteet
see ~ ana oe yuIu.s, eiiqteu lhht ,he pases anu
[ , 10 & oe procured W ~ ule Somp.oilu y, 'le OuI
.nnYy iol tue prihns ~ vluualnS NOTES shA remain
uuer hs eohtr9l And uteoon aud tne expenses heees
sny incurred N eNecu'ng he proVslons ol tns &c, res
,t PeIi's B ne @ o sVi " nH nv % ue n suuu anu
pa as eohthgeht expenses o the treasury department
en- o te pupuse ", i he s11 m anu ~ ~,
otne expenses Incurred under TINS aet ana IN eu o all
taxes upon the circulation authorized by this act or upon
e pohus uePosi1eu ior sseuflv o lns sae suen $3.50
h u % ois,i1su uneet tnis az, snsh oh
s nlSt uAyh vi hnu Juy, hiter iss oisanAatoh
y ~ tle tohpuoiler " currency, IN lawful money Of
he United States one per cenium on amount Of clrcn
tag nose reeeVeu py sueh a'soeiaoh ana III default
hee9i 'no treasurer v tne outeu o es ls heIepy au
snoneu 70 reserve Ahu retal vns per eentum on lne
auouut o sdu nuuls SO deposited at eaen temtannua
~ et VI insrsst heIevn, auu III suins " rsserNeu
~ tgsgu sne ue paid 9to tne LressuIy under the
uee.lo VI .he anu every nanh, pahklng asso
OF .hs Aot ISSUING notes calculated or intended TO eircu
o - hVhtl ahe'i ~ 'he hlht uhg "a 1uiS neAtf ahu
& AZ tn , ~, VI t Ia Sy
anu usNer 70 TUG comptroller oi the OurteheV Atrue
uu m q VI ine siuss amount o nues lssueu
& ~ ~ ~ " ~ ~ Vi y. @ ~ l saui'si ~ VI ~ a.
is. eseMneIei ahu in ueiaui' OF hy huoh tetui tne
uah' oankhg sssoea'on, or sorpotauon SO lallhg 70
inahe rsluFn shhi pay 70 the uMte1 states penalty OF
Mo peT gentum upon is ehure capital STOCK, 70 pc re-
uVfeieu w tne use VI ts ohieo eesi III any ooutt Vi
'oeIe'ent en- Jurlsalollion u
seg ~ ana 9e turner enacted Ihat after any such
assoiaon sua nave caused us promise 70 Pay sach nos
VI 10 De sgneu ~ tne president or
I
toiy ptomsslry notes payable on demand AT US place
VI eue Assueiaon Is herepy AuthoHeu 70 sse
su tis s1e ~ "a money anu ny same shalI oe
~ t AZ XII III a., % oi she uneu siaes IN
~ aAes eNclses puoc anus hhu All onhf uues TO the
m STATES, eAvep. io auues on imports, anu also or
~ salaries anu onet ueots anu demands owing w ne
vnl stAtss 10 lhulVlluAls eorporau9n7 ana assoel
ions within the United States except interest on public
ueot cru no sueh assoeaon shAl Issue post notes or
any % o.ner notes 70 uteuiate as money lnan such A.
arg authorized Dy the foregoing PROVISIONS OF tbs
ael.
sse. -; aug Oe yuIMer endeted That all transfers
VI uneu States pvuus Wheh snhl De aue oy any asHo
@ saion o. sscory .oI VeuaunB m noIes Hoer me proy
sos o tns Ae hhal ps made 70 tue treasurer OF tue
unlteu stateh win nIiemoahuum Ntleh or printed on
the OF sueh bonds ana signed py the cashier or
u'uer ueer o, me asHocatoh AAlng tne ueposlt
h a. ~ ,ai " AZ a. nd ~, ~ ~. hoe
oehA eueh transfer Is mAue' anu AZ seeuly lot the n
m anu paHent O. tne oegia9s notes delivered
~ sue % assoeiAuoh anu no Ianslrr o. any bnoh nus
BY the Treasurer shall be deemed valid Or q binding force
ee ~ .s ~, oI1eI " islues, ol % tne
o. tne currency upon the treasurer snail
oe tue duy oil comp roer o tue currency 10 Keep In
MS Ohee noqk ln Whleh sha Do entered tue name OF
every from whose account such aner OF bonds
naus ny the treasurer ana the name OF the party 10
Whom suoh transfer s made unless such transfer Is made
III bank in which case the fact shall be stated in said
DOCK anu IN either case the par value Of the bonds 50
trahhtreu snHll pe entered tnereiui ana small the
duy OF the comptroller Immediately upon countersigning
hnu entering the same 70 advise Dy mani the association
from whose sueh transfer was made the nnd Of
Oonas ana me amount ~ Thereof SO transferred
sec ~ ANd os yufmer enacted Inat II shal be the
duty fthe Comptroller OF the Currency to count rgn and
enter IN tne poos In me manner aforesaid every transfer
or OF any bonds held by the Treasurer pre-
hen.eu of ms sighhtue aha ths CompSler hnAi nave
AL times during once hours access 10 the BOOKS OF the
lfeasuter ior the aseernng he correctness
Of the transfer OF assignment presented him to counter
sign aud the treasurer shall have the ike access 20 th
nook above mentioned Kept by tho Comptroller during
nee hours TO ascertain the correctness ot the entries IN the
same.
sei 3D. And be ii further enaeted That II shall be the
duty Of either the president cashier Of every banking
association having stocks deposited In the office Of the
Treasurer Of the United States once or more In each fiscal
year and such time tunes during the ordinary bust
hours said officer Ulcers may select to examine
aud compare tue bonds SO pledged with the books OF said
department. and II found correct p execute y the said
Treasurer certificate settling forth the different kinds and
the amounts thereof and that the rame are In the POSSES
sion and custody Of the TTeasur at the date Of such
tiheate Such examination may be made by an agent Of
sneh ASSOCIATIONS duly appointed IN writing r that pur
pose whose certificate before mentioned shall be Of like
force and validity If executed by such president
cashier
Sec. q. And be further eHded, That every assoea
on issuing circulating notes under the provisions of this
shall quarterly report to the Comptroller ofthe
Currency commencing the first day of the quarter OF
tile yesr succeeding the organization Of such ass0A
ton ard continuing on the I'll days Of each succeeding
quarter in every year thereafter whch report shall be
verified BY the oath or affirmation Of the president and
cashier aud all wiful false swearing in respect to suol
report shall be perjury, and subj to the punishment
prescribed by law such offence The report hereby
rsonirej sha he in the fr negeibed by the
and shall contain true statement the condition the
association making such report before the transaction Of
auy business the morning Of the day specified
preceding the day Of such report respect the follow
ing items and particulars to witt Loans and discounts,
overdras due from banks amount the directors
Of tue association estate specie cash items stocks,
bonds and promssory notes bills OF solvent banks bills
of banks loss and expense account capital