Delaware State journal and statesman., 1866-06-29
CITY mATTEns.

GS- FARMERS BANK OF THE STATE OF
DELAWARE. C. otice.-ResolUed, That the
following paper be published as public
notice in all the newspapers OF this city
The General Board of Directors of "Tle
Farmers Bank of the Sts.e of Delaware"
in order to enable the Branch of the Farmers
Bank at Wilmington to become National
Bank, and under tie authority of the Legis-
lature of this State authorizing an increase
of the capital of tine said Bank TO One Million
of Dollars, alta meeting in Dover on the sew
enth day of June, 1866 passed unanimously
the following resolutions
Res0lged, That books be opened at the
Branch of Wilmington, for the purpose of
receiving subscriptions TO the additional
stock of this Bank, authorized by one of the
supplements to its charter, and that such
subscriptions are hereby authorized to the
extent of Five Thousand Shares, at $50 per
sha-e.
ResOlued, That such subscriptions shall be
under the control and management of the
Board of Directors at The Branch at Will
mington, and payment therefor TO be made
in such instalments and at such times as such
Boerd may direct.
Res0lued, That such subscriptions of stock
shall be ior the benefit of the Branch at vii.
mington, with the understanding that the
Farmers Bank shall become Il National
Bank, and that said Stock shall be the CAPT.
tai of the said Branch under the National
system, no matter in what form the CONVEX
sion may be. Attest,
j. L. HEvERIN, Sec'y.
Public notice is therefore hereby given,
that subscription books for the increased
capital stock of The Farmers Bank on the
conditions expressed in the above resolu-
tions, will be opened at the Farmers Bank in
Wilmington, on the second day of July next,
hot of . ~ n
The said subscriptions to be under the direc-
tion of G. |. DUPONT, President, j. A. Hes
ton, Cashier, and A. g. Robinson, Teller of
the Farmers Bank at Wilmington.
Ten per cent. shall be paid at the time of
the subscription on all amounts subscribed.
Subscriptions for sum greater than
$25, 900 shall not be received directly or indi-
rectly from any individual, firm or corpora
tion.
All sums will be subscribed on the express
condition that the said Farmers Bank ut
! Wilmington is to be Nationalized, and the
said Bank hereby pledges itself to return
the ten per centum 80 paid by subscribers
for their subscriptions, with interest at the
rate of six per cent. per annum in case the
said bank should not be NationaliSed.
| The balance of said subscriptions shall be
paid in twenty days after call for the same
| has been made by the Directors of The
Farmers Bank at Wilmington, and the ten
per cent. already paid sLall be forfeited on
the non-payment thereof
A true copy of the minutes of the Board
OF Directors. ]. A. HEsToN, Cashier,
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