Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1864-12-10

esnyme 0~srssh pnrt of rs n~st psso0 q
The psseediag k.f y~sr 10 IN s1Teas fGn1
until sAe ~.s< shan sassns 20 tvesfy per
ec.ssa efhs eaPisal ssock-
Sec. ~. Aslb~ S fxyfker e.soa1. Thst
every assscissina sAan aske % sh~ csmparel-
lcr u the essr~sey q vpost- sceording 70 The
form which may Be prescribed By him, ,sesi-
fed by the osih o. aGirnsfioa Of the presi-
dest q cahshies of sseh ssrociafioa wbilhee
port shall exhibit in drtail, ana under sppsar
wisso btedA tSs-sxssWspo~D3-aiu6a
the asDcisfion hfns the sumnsuesupt ,sf
business On the :nosning Of the frst Monday
of the mosths of January. April Jply, an4
October of each yeer, aud shall tran1nx thc
same to the comptroller within, fyc days
thereafter. And any bauk failing 10 make
and transmit such report shall be subject 70
a penalty OF one hundred dellars for each day
after five days that such report Isl delayed
beyond that time. And tho ;.comptselIss
shall publish abstracts Of said reports ia q
newspaper to be designated by him tot that
puapose in the city Of Washington, and tho
separate report of each association shall h0
published in newspaper; in the phEe, why're
no newspaper at such place, then in q news;
kvupcE puUlSuCu ~ tuC uCutCAt YIuCc tuCICSOs
at the expense Of the association 'msking suck
report. In addition to the quaxteslyusteportA
reqnired by this section, every association
make TO the comptroller of the currency D.
cashier. showing the condition of the associa-
ton making such statement, on the morning
Of the day next preceding the date Of such
statement, in respect to the following items
and particulars, to wit: average amount Of
loans and discounts, specie, and other lawful
money belonging to the association. Deposits,
and circulation And associations in other
places than those cities named in the thirty
first section of this act shall also return the
amount due them available for thu redemp-
tion Of their circulation. '' H'i'a'
Sec. 35. And be IL further enacted That
no association shall make any loan or dis.
count on the security of the shares Of its
own capital stock, nor be the purchaser or.
holder of any such shares, unless such Sc
curity or purchase shall be necessary to pre-
vent loss upon a debt previously contracted
in good faith; and stock so purchased or
acquired shall, within six months from thcs
time of its purchase, DO so sold or disposed Of,
at public or private sale. in default Of which.
a receiver may BE- appointed to close up the
business of the association, according to tho
provisions Of this act. - 1e5-s .
Sec. SO. And be it Further enacted. That
no association shall at any time be indebted
or in any way liable. to an amount exceed,
ing the amount ofits capital stock at such
time actually paid in and remaining uddi-.
minished by losses or otherwise, except on
the following accounts, that is to say - sa'
First. On account of its notes of circula:
ton. ~, gasaFs3
Second. On account Of money deposited
with, or collected by such association. 4.~.t
Third. On account of bills of exchange OF .
drafts drawn against money actually on de-
posit to the credit Of such association. or
due thereto. ~
Foarth On account Of liabilities to its 5
stockholders for dividends and reserved q
profits. m 81 sea afg.ahs
Sec. 81. Asd be t further enacted, That c
no association shall. either directly or indi-
rectly, pledge or hypothecate any Of it's notes !.
Of circulation, for Tie purpose Of procuring
money to be paid in on its capital stock. of
to be used in its banking operations. OF Others >
wiss ). nor shall any association use it's circu- .
AOssu& AAVtSo w osAy Poss ssSACOss Guy ul&AAe
uer or form, to create or increase its capital,
stock.
Sec. 50. .Asd be Il fxrth~r enacted, That j,
no association, or any member thereof. shall.
during the time It shall continue ifs banking
operations, withdraw. or permit to bs With
drawn. either in form or dividends or othss- i
wise. any portion Of it, capital. And Il losss
es shall at any time have been sustained By
any such association equal to or exceeding
It's un1ivid~d proais then on hand. no divi. =
dead shall be made; and I'M diviasnd shallu.
ever b. made by any association. whiis \ 3
shall coutinse it, banking operations. 70 e
amoant greater than its nett profits thea. d
hand. d-dueting th~s~sfom its losses and I'D
d-bss. And all d~6ss due to any sssoeiG1lssss
On which isfesra 10 psA DE aud aagn1 ~
period Il sin asseh. unl~ss The 49, sha1 - >.
ssll sccsssd. asd shan be in ? &C - # es1rer
tiss. shan b. caasii srd bod debts vishis he
- ssi.esf shb -: Ppojs&. IA ss1h1g
IN shis ss<iss ~ ps~v~a - ss1oeeiss = =
The esxiaA ssrk sffke .sscisaina esaos -
shisss.aA sscsin e u. srt-
s-e- -. Asl = . Ssvsiv x.sd.i. Tas
10 s'sssi.aiss shsn = s.y 6~s p.y go
l..s = &ssssEh. = n Prehasssg asuAs =
s1s . eseAane<. = h psy.<sf II arps
- = ~ Gew - py = ~pE j. eaeGlakD
~ sse.s ds.y Ank - kshiae s.<ia1ns
49, - - aay - 60. - anip.
-. = -. - dep..a - u psEDRa !
dssts ey she.s.eiaeisa - psyiag - = r.
eaoi.e sueA s-oEs; - skaA 4 knnsaj8
~ - - pss h ereuases.s ssy ss0 -
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d: s.sdsssgvS S~s.6ehsr