- Title
- Laws of the State of North Carolina, passed by the General Assembly [1850-1851]
-
-
- Date
- 1850 - 1851
-
-
- Creator
- ["North Carolina."]
-
- Place
- ["North Carolina, United States"]
-
Laws of the State of North Carolina, passed by the General Assembly [1850-1851]
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BANKS.
ISoO-’ol
1 i'!
K'liioo of See. 5. Be it further enacted. That the President of
t» he -riven said Bank shall give notice to the Governor of the acoepl-
^r. oovei-- „nco py the stockholders, of the amended charter, within
thirty days of the decision of the company.
[Ratified 2 tit January, i Sol.]
CHAPTER YIIT.
AN ACT to incorporate a Bank in the town of Washing¬
ton, in the county of Beaufort.
Svctiox
I Capital stock list to exceed -180,000 dollars;
ап
books of EiihscriptioR
tube opened 1st fob. J8-31.
Or.-! and "ril provide how shares shall ho paid, ami what amount, before
ban!; can go into operation.
4;',i and 5tii provide for reducing subscriptions, continuing open books,
calling general meeting, ami electing directors.
Ceb and 7th prescribe fimdaiueubt rules, and restrict the l»«-ik in trade.
8t!i. 8th and 10th allow G per coal, on ban*, make bills assignable anil
binding, ami require J-t per cent, on notes not redeemed on de¬
mand.
I I til, 12th ami tilth provide for dividends, bind individual stockholder.-,
and provide for branch at
ИгеептШе.
i ;di. Public Treasurer to he furnished
«
ith statement once in 0 months,
l-'illi Prescribes penally fur forgery, lee.
]0th Taxes bank 2-1 cents each share.
17th and ISth Prescribe penalties for false returns and embezzlement.
10tli, 2:1 t’.i and 21 »i relate to forfeiture of charter, keeping proceedings,
' Kill -leuominnlion of notes.
Portion 1. Be U enacted hi/ the General .Qincmbly of the
fro of Xnrtk-Carol'ma, and it h herd);/ euae'ed
!>;/
I he author-
H-; rf the e-zme. That a Bank shall he rs'sMhltc'l in the town
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