The Albany register. [volume] (Albany, Or.) 1868-18??, 1870-09-03

on the tausus O. ei.hte.n hundred and ntv-nty
Prov de- Toa sppiicaIi for The crcu1otIon here :
Ii aui!l Z q pot be niade within year f.
tbs ;aasags this by bar king associatT ng
,rgar zesl or TO organ ed in States having les
than their proportion, IL ebaH bs lax1ut fUf taS
c ,,,trtl-r OF The Cnrrrnc, TO issue such circ CID
Tin ikirg soeie;ions applying for tho sah 40 10
trep sitiaz the preference To SUCH as have enc
grestest &. hcieucy: And provided further aas no
h&pkrg association here fser creahs= =ed shall have
circulation ia eacees u five hundred ihoass ld eo.-
lars.
SEC 9 And be IL further eHacted, That
st The eud ach alter The pAssspe ot this
it shall be the duty OF the Conptroier cf tue
Currenco to report the Secretary of the Treasury
the OF circulating notee issued. uHd-r The
provisions of The prs csding ssctloE, to national
t.asir,. associ .tions during tbs previous month
1tnarenoon the sarr.tary OF the r.ea- ury ,bail
oe-n aid cancel srnuunt Of the IL rer ceut,n
nno,r loan ce-;iticst.s issued VI der .,e .crs OF
March two eighteen hundred aud sir ~ sevel and
jr1y twenty-five. eighteen hundred and six y-eigit
les than the amount of circulating notes so re-
pa ted and may, if necessary, in order to procure
The of such ten loan Certificates
redenp ion give notice TO tha holders the, eof by
tiff ata~, (Which shall be Designated by number,
dxte. and amount shall cease to bear interest from
1hnt the certfcates 40 designated sh'i no iouGer be
esa sb As any portion OF the lawful munsy reserve
in esessien OF any natiahsl banking association.
e. alter tt3 day oestsnGfed 10 suc notice lnfei
shaR be paid on such certncates and they shall
not thereafter be cacnt-d part OF ths reserve Of
any banking associations
SEC s. And 1s az fsrtler enacted 1'ba. rpon
iat post any UAIaed states roncs, bearing in
-elssst psvaate in go u, with tie 1ras rer OF ihe
Uu15sd states. ia the prescribed i'I the
af cath AID twentieth ct,nns OF the hationai cvi
act. il shall ne lawful for the Comptroller Of
the Currency 10 issue TO the assccitton nktng the
t@He ci cu.atlug notes Of diisreDt denomin atiJas
liut =ss than lso dollars 10: exceeding in amoaut
eighty pr Of the par value The bonts de-
II stsi which notes shaii Dear cpoa their fAcs tbs
proH4iAA of the cailon t. Which they issuao
srag Rie uIaon presentation as the e;s of the
sci1fion. gold coin OF the United states and
.hSi 70 e.p,.bie upon such presentation III snch
coAl: PROVIDED. 1aar banhirs asss cia'ion
his cson sliail have circulation in
.xesso Of Clue a1Iihon VI Gu!iGrs.
SEC Ard be ii 5prtier enacted, That Every
reg association foritd under the pro-
visions the preceding section OF this act shali at
aii eel, .ld not less than twenty per
cestuu, IF its outstanding circulation i'll gold or sill
cuau Of the Quilted S ates and shaii receive ai
pa the uieIt CT orpfs the gold noteS OF every
otsar sucl oaukins association which at the time o
zaea p ,ylle sEaIi 30 redeening i.s circulating
III gold jim OF tho Uui ed States.
Sss. &, Aad be 1t tisyther enacted. That every
socaiis Esd The puT pose IF issuing gold
no,ts ~ Ied II 9his &C. shsii bs sni ect al
the rtquirem nty srd provisions Of shs G, cur
feR<y L.-t ept cIaase of eut5
tvs, ~tlcSa clrcuatou national bang
;E ag-;, ,IZsi8Sis tG;ee hundred TDipnE Of dol
I.f.: tt. East OF rec. ION thirr y wu wnicb
4as.sl lie coas4ec.4on with tn. preceding secL.oa
vseSi4 Iifs o,SAi banking .s,ocIaii,ns org
i.a il, ~. cts o. ,Au Fr.fcipc 10 redeem teIr
.t.;.t4i.. ...r IL ,no c.ty of New ak; and
last Clause of section thirty two. which
every neloldt ba 1kiLS a.s'aciatloD TO receive IL
iaSaaest Of 6eots the notes of every oh-r uAtione
p.atias a-socl*tsoa az al: PleYidsd, That ia az.
ply iug Lie tro-i.cas aud rgqutenisns OF said sc
70 Il" hshAirg -s<ociAson7 Leioa ptov'd'd IoE tht
U4stud stat+s'' ei.afl osf-,d Construed ~ neaa
soSa e. siiSe cuia ot .ne Cniced Stssss.
Sc g. 4xI be t. ft.,iiaes' enacted That seorre
es Iilirie rltsuttu I4tict.at Gat X
:. crsel.es tilet- 4.,sy is-u.d circulating
- eauAins assocaaons orgal Il in sissc' ana Tex
t:taries harinG less tt.ef prop r1ion ii
aefei e"f ior'e hud lhe aL-3nnt oi ch hcuia.ioa Ia
ths -etIol .atisorEsi shall, uud-r tbs direction
Shu 5 arg "f tl1s I easary as 1t may DO reg O.
for Li4 purpose. ta "finGEa"n AZ Aei Ella t'ef jed
fro;a brrAiu a.ocsat ~ ir States i.Yi:.e
Grey lsu1 ecaI; th"t residsd for ~ t.ie ac
ruttleI = net 10 atiend a sct siritiec Al ace x
tcsv % f'r .i"h-i oans!os cC--racy nred L,
I,i .ge q I,se~d et-.-s bonds, nut provide foi
ta card ard red, ,ior iiieruuI 80 approved
ti4sch shrr- ei.:itee4A hsupTed srxty-fiv &c,
II at.4I,s. StthdY.swn sb III lot ex@.Id tseaty
ss ll4,.!os G".fn 11e cyaaptroi..r 'f tie CGG,
sr.tcs .!is! the 1Ir ectio Il fke s. crct-F9
i44 xflgary, i:44zeM s-afeI-.ect showing te
cstc,.,.,. oso. State ul.a 1eTri1rv, snt II,
-c-8Eauce WIKI ttiis section .ilsii, wnsn fUcI
PssiIst: I.uuou Of q caiatios, required, fsas
ee g4et" .r soct. a1EoUSit ninn suca iAt Ks,
tisJsi:!g With TIE ba<lss having c;tcui iaEI'l4
eG:iix n.iiiol .! duii>.s sts.ea having ri
xc--s uf Circ;.!ut:usI, 49, vi hdraviE. c
isn in N-ss Il otle AiIon of opdla and then o
iug pro ruts with ot'ler b .nss having ciscIa
s.ess havIb ;Ge 2fs'a- e',ess Of 9 r ulat ou, hu'
..e c:-ea t;i'a ot such osl L, IL 5;.4l-s ii
Ala rea {iroI. leaving rz2sii.
bed rsuts :at ss having anal = tJar
II vtr t"se Il: 4; rHi.s- nave bssu :eeiuca
grade. ht.c copti,rin.. u4nGe u
JtL3rctl,sgi pruy.irc bv until tho fui
Ii Ve iO3 herein prov ,rd I'll
shall bs Wthdea~u; AID tisa rtiu- j., " Sjsl
shhii he dartsIbiIted aH49D. tie states a:a
I-Irtrl-- h lvlgis tss Tkpn t5ciE prop Ftili, Z
to stiE - the AMI II stl,i bc the day ,
.ilptrolter 81 the C1;rs,ct, riue:er dire.
f Ii.~ Secretary q TrrAsG-s fmray7lth I
make It-itttsl tnc thereof upon ID
tx8a&- he'.o dlcat-d as herein pst-c lbss.. Al
3s:.oo fslJuTe Of Auch ssspcistiis any oi them
Ie:uI n ne 4r2osns 50 siq irs4 within year
abAIl IT, he CITY @ tils s0!.e- the Ctrfene
e.li Et pubic .tJE hi.ViuR s4stu twenty es.5
- a-tn ton ni,d enc n Ne~ Fk city, an unicnr 4.
itoa>is e. tel ~ $500 ia iou rocutIfy Il,
sad cifcu! 15tJd, isi e. tie ci;cGiAion b
siIas". iruLI s@i1 "-soS;a'' aud net tuTu-. =
il. ssIcv .N:tfs such IsI1ieii"t.; aaG Con.
vi tie Currency ssat @ii. tic ttsct sQs ~
Il >, IS they lnsa Thc treasury, Il. ri, ~
e 4uir.1 not 7esu-ae1, g.ua sU4i
IaN o4sLc. sI.y, rc.1S t=ft tius tot.
sF,yt.e4. IEst cifc'sis-Ia stzali with !.a~
tae p-avis i4t- uutn al So sIr
iLs +Jalr titi@pa s7as.eu Eg-t sl.l
Lessc tAseG C.t.
Sec :. And h= i !ay:Ser rt actoi, ThAt after II,
y5fr.cioa q ttI rsont,T rrorl paassau til
sIy bal KIT. s.salist,oa located an ANY SAT-
i.iTir4 than lfs proper Hot, of ci.cu,at3Du Ina1
ise reiIo7r To atty Stale 5.virk tosn - pro
!, s,t.sI uLt.cc rci,ss .-cIls
ri4ts the ca. ulies of ths Cufrancy. win tS
>7to 81 { seer-esTy q. the Treasury. tngr re
a4.re: t't vltt!, Chat ti,'s uf i,sus q
L.4ks sv.ti as be stac;ea fro1a tho amount @
Issue prevjesed fcr iii tiiis act.
-spp7ov ed. july =, 1919.