Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1864-12-17

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had labss / & a terra na; lc<s tkzn ave &C
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sc 81. isd H. a. fxrfk<r eserf>l. Tia:
1t shall b< the da,y 4 the e0mP'FoH-r II the
caHrrncy TO r.pos, anaaaily 70 eoagrsss si
thu COMMENCEMENT Of It's sesiSa: -
FIrs; 4 summary o. the state and con-
diiion o. every association from - hOm r,psrts
have ben received the preceding y-ar. a, the
s-y-ral dates 10 whieh such r-porfs rrf.-r.
With an abstract Il the wbolr amosst Of bank
ing capital returned by them. Of the ~hols
of their debts aad liabilities, the amount At
circulating notes outs, sndins, and the tass
amour, by them AT the times Of their SEVERAL
returns. and such other information in relation
to said associations Is, in his judgements.
NAV be useful.
Second. A statement Of the associations
whose business has been closed during the
year. with the amount of their circulation
redeemed and the amount outstanding
Third. Any amrndm-n: to the laws relative
20 banking by which the system may be i'm.
proved, ana the security of the holders of its
notes and other creditors may be increased
| Fourth. The names and compensation Of
the clerks employed by him, and the whole
amount of the expenses of the banking de-
partment during the year. And such report
shall be made by or before the first day of
December in each year, and the usual num-
Der of copies for the use Of the senate and
house, and one thousand copies for the use Of
the department, shall be printed by the pub.
lie printer and in readiness for distribution at
the first meeting of congress.
Sec. CO. And be ii further enacted, Tlat
the act entitled IAN act to provide national
currency, secured by pledge of United
States stocks, and to provide for the circula-
ton and redemption thereof" approved Feb.
ruarv twenty fifth, eighteen hundred and
sixty-three, is hereby repeal: Provided. That
such repeal shall not affect any appointments
made. acts done, or proceedings had. or the
organization, acts. or proceeding Of any ASSOC
citation organized or in the process of organi-
cation under the act aforesaid and prori-
dcd, also, That all such associations so o.
ganized or in process of organization shall
and be subject to all the duties. liabilities.
and restrictions imposed by this act, and
with the approval Of the comptroller Of the
currency, in lieu Of the name specified in their
respective organization certificates, may take
any other name preferred by them and duly
certified to the comptroller, without prejudice
to any right acquired under this act, or un.
der the act herby repealed but no such
change shall be made after six months from
the passage Of this act: Provided. That tho
calculation issued by such association shall be
considered as part Of the circulation pro.
vided for in this act.
Sec. 63. And be Il further enacted, That
persons holding stock rs executors. admins
traitors, guardians. and trustees, shall not be
personally subject to any liabilities rs stock
holders but the estates and funds in their
hands shall be liable in like manner and to
the same extent as the testator. interstate,
ward, or person interest in said trust-funjs
would b if they were respectively living and
competent to act and hold the stock in their
own names.
Sec. Ga. and be it further enacted, That
congress may at any time amend, alter, or
repeal this act.
Approved, June 3, 1864.