The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1864-07-27

hands o. individual Cis1cus Uf suth state F,..i-i
f1rtArr, Thai the Tax 20 imposed unocr the avs ~
any state uIcn The shares o any of the atous
authorized by this act shall not exceed the rate im-
posed upon the shai Any of the banks organ xcd
under authority of the STATE where such association
IS located frcrtdod, ais0 IL a. Ioihrg this act
shSA exempt the real estate of associations frUm
either state county or municipal o. tie same
extent according q It's value, a. other real estate Is
g2xed
Sec - And bsu fsrlAer e-sac,e,i That any asscca-
tion may s. into Qullatior BE- coScl ty tile
q us shareholders owing two-ihiras II ils stock.
Ana whenever such vote shall D. taken % shall hc The
dety OF the board of directors cause oi this
Act 10 be oertned under thc seal of the atcn
oy It's president OF cashier 10 the Comptrotr Oi the
currency and puhncAti thgreof O. De- made iur =
period oi t~o mouths DO newspaper published m
The city of New YORK an4 aiso in a ucWsfal.tl pub
sned ~ city or town in which the association IS
located and no newspaper De- thCrt published. tlcn
in the newspaper pubshel nearest thereto that said
ASSOCIATION Is closing up as srars and notis thc
holders 81 iis notes ana other creator~ o. present
The notes and other claims against the association Tor
I~ymens And az any time AFTER aha ,xIirati,n Of
une year from the time ci abe publication o such ne-
lice as Aforesaid, the Ssid association max laY over
10 TIE Treasurer al the Tinted states iit n
us outstanding notes iu the lawful money t, Uni
TED state, ana take Up fhe buuus which sil as-o>A
tcn has OF deposit with abe Treasurer Ur thu scari
y OF us circulating notes which bones shall D., as
signed 10 The oAhk iu thc mAuutf slt,ilr4 in thc
niift-nth Srrttnn this tlal IIuIt lLr
outstanding nutss of said as~lciaton shall De
deemed 81 TIE Treasury oi tht lnltcl States alc the
sAd association aud the Shareholders thereof shall bo
dlsclArsed from al habliiics th.reiof
sec -. Asd bc a rurfhsr rud, ted That fhe Treas
-Trr, uu roctylA ls~tt IitIa. l.wIll uiUrtN
Tor the payment auu rul, mptiou u IT. outstanding
notes, provides Tor Dol tlc prtDc0iua -tt f. Ul
tAis aot sha xrcute duplicate fcoepis thefei,r one
lo TIE Association ana lhe other to tlr ttmptUICr
U the Currency stating the amount icDsiNco tY him
ana the purpose ior wAl,h % has bean Received,
which amount shall be paia INTO iht Treasury the
lnltro states anl pacc4 O. the crclu su,i ls.oi-
alton upuu rclempuuu account Anu u siial ht ita
4-ty o. The Treasurer Whenever b. shai rr0es m aiy
u The notes of sail assoC.ton to c4ust il. e.
De mutllated, aud thargcu O. tlc r,Hli mFti0i.
count OF said Associatiuu ana al notes st. med
by the Treasurer shall, every three mouths ht
unei 20 and burned IN ths manner prescribed m thc
twenty fourth section 90 this act
Sec a.. And b. a farfLsr enacted That any bank
Incorporate by spccial law or alN banking iu-tltu
uon Organized under general laN oi ans STATE NAV
oy authority oi THIS act become uatiUDal as-uiia
its organization cerulcatc ana d. such tle anti
cies al assocatiun AID tue urganlx4ou De tntatr rs
llirec by tDis at may be cx,cLtta o., ma.oruy ~
tne direclors OF The bank ur banking stt-tlD. and
said ceTtncat shall ctclaIe that tit tNuDIs Two
tllr-s a. the capital stuck have altlu l1l ht lfrC
lurs 10 NIKE such ctrtlncatr ala Go tlalEe lIl
VT the sal4 banA tr banking ustii4tisu llto
ti'nAi sssociatiun unaer th- -et A. nl-.of.ts of
tAe directors. alter executing -ll4 ai tt- N a--et
SION anu ufkauiz tion o~rtile-t.. ~laH haN ta
A-erte al ether papeis s, a-o o. uo "AiDti naA hc
4ulirl O. u tkr taniratisu lirilttt
,l,tv a. lativlal association. lA, siait- o. aty
s-tA banA may continue 90 o. Ter tur raiit tit
Ach tlty were before said cuaNsr-l. o. lit .i
.eciors aor, said may De- tne lI. a-.cll-
uuu until others reet-4 or api.iuioa Ia a, ori-
lce with the prov isals ci tnl~ az all ans Siltr
bank which D. a sloCALullcr ln as uthcr haDk IV
t4thorty oi Stale laws. may continue to l,... lts
t'cA although either bahia, Dr both, mas te urEan-
Ia under ana have accepted tuc utlsIuhs ui aus
act. When the Comptroller shall gIye 90 ssslel-
lion cerunlate, uuuer his hana alu ufi, l4i .al.
hat the provisions cf this act have hvea com
lied with aud that u Is althofizci 90 cummDuce tne
business o banAing under D.. ine assoc,-uou sh.li
ave The same powers aud privileges. aHl shall na
subject O. the me 1utis rspuaslulitis aul rules.
IA al respects prcsol lhr- in ti- atf Cor oitr
ssocA ions organized under D., auo shall he uei aud
rrgarded as al ASSOCIATION uncsr thls ari fyorled
h0tccucr That no such assoCia lOu -lal have ifes
capita than the amount prescribed Tor banA nag
Citations under tins act
Sec IS. And be Il ftlrtker enacfoi That ali A.
sscistious under tins act. when lnatsu Tor that
.iurpose by the secretary uf Tho Treasury SHAH bo
lepositaries u pubic money, except rcccpls from
customs. under such rcg llat. may he esCrlhrd
oy the Secretary, and they may also uu employ
duancisl agents Of the Government, anu thtS shall
perform All such reasonable duties, as acIosaes of
pubic moneys and nuaIcial agents ui tnc 1uvcrn-
ment, may b. required of them Aud thf Ssurc-
sry " the Treasury shall require 81 tDe associations
hus designa.ed satisfactory security by the leqsit
.seni1g an prem6t nsTneut ii' M ~ ~ oi ne s-s
.cposied with them, aud fof The iaitnlll poriurm-
luc1 Of their uutirs financial agrntr tlf t.l.v-
rntnent frorided Tuat every iaton Inch shau
he selected aud designated receiver ue tar, of
he pubic money shall take aud receive al lar al of
he national currtucs bills, by whatever association
issued, which have been paia into the Governments
Tor intcgnal revenue, OF ior loals stocks
sec 80 and be II furfAer snacf,d That if anv
such association shall "a any uc la O. redeem in
The lawful mouey Il the uled rtaies ans Of be- eir-
-ll-ting notes. when pay meut .ertof shall b. law
ally demanded, during the usual hUurs oi business,
Al the oflcs of such association 90 H. place oi ro-
emptiOu aforesaid. the holder may cause the sane
20 DE protested 90 one package, by notary p.b.ic
.nless the president or cashier oi tle assocaton
whose notes are reseltel TO- ta meut. or the pres
lent cashier OF the tie pace al which
hey are rudeemabe. shall uner o. waive demand
sud notioe of the protest anu shall, n pursuance q
such or-r, make sign ana d-live o. The party max
iug such demand admission iu writing. stating the
lne u the demand. the amount uemanue,.. ana the
4ct oi the non-pay ment Thereof anl such notary
Juolc, on making such protest, or upon recti ifinr
such admission, shall forthwith Forward such a. ri.
sion or notice oi protest o. The Comptroller thu Cur
ency retaining copy thereof Aud alter such de-
4rt, on examination ~ the facts by the Comptroller
And notice BY hm to the ass ciatiOu b shall not be-
awful for the associatI0a suffering the same paw
1ut any 81 rs notes. Discount any notes bile,
lthrrwlse prosecute the business u bauki e. sxrfrt
20 receive anc safely keep money beloi.ging o. o.,
1a dcli~sr -E'rtial -To-ser. f-,vus,frsi That
satisfactory proof BE- pToduced to such notary publc
hat The payment of any such nutes s restrained ty
rider u any court - cDm. .letert jurisdiction sufh
rotary public shall not protest tLe same and when
the holder u such notes shall cause than t.io
Of OF plckage O. De protested on ale same GAY.
le shall uot receive pay more than one protest
sec AZ And Be is fuTh,r cnacfea That 90 receiving
notice mat any such association has 4aed o. rrltcn
.-s-e[i- - 49,. -, ~ =, 80 D'-'
- 49,. -. =, 49, .-, - =, - ltf
80 -, .,,.-,.', !. - , -, : II ~
/ -, - r. =, - - ,i ~ % ,.
80, 80 sb.Il ..,.,.,.,, -. u.
~. -''N
.l,t,rg notes h. 49, I-,,--. -, j., -. i..s
80 -. .s.r,.r...s- =. .t--..... 49,. ,, y.
~. frr, nt-oIsr ~. go II. 80 = -.
T .'rh r-rtaet ~ 49,. 80, - ,.,.. 49, f..-,
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- ,ts r-,r,.l.,...- ,.,s.. - .f,-s.-. -. u. -
',.it - st.I vr.ft.., t....'.. 80. e. = -
-s,,.-I ,,.,.r. - .-,t ,.'..... .,...- 49, t--.-
- h,-,'s =. ss----,. 80 ..'....e- II. p
I - e.-.r-,.t -, 49, - -. I
/ -,.'I ,t-,,, ~, -. ,-.- .
] .'-,,, ff, ,,',',,, II, sll. ~, +. --- -
. = .-,,n rr.r-,.- =. - -, "a 4. a.
T .h.r -, -....,.i ,..i,- 80 ,,..--.. - 49,. :.
I..I....r. ,' 49,. .i-r....tt., ..l.t 80 ....
Ia r-ess-.t thsrr f,- -, 80 la az. ..-. -, r. .t
r-,,-t.s -t-f.s 49,. "a . +. 49,. 49,. - .. - ,,..
a tr Az al rnr,., IN - 49, 49, ,si..-.,
- C,--rrf~,-I-- -, 4. 81. .'..r--,.t t .....-. r.
-. a. .-..- ~
-. = = -. -, - y. -- t-a. -'
- -. - - go .'1
- -. -. -. - =. . + '
-',,. ,.ssf,rf'--, - 60, a. - ,,. 81. .
eirr.i.ti5g rcre. sftsr rrs..rt-tr. Tho ,,- -