Indiana American, Volume 23, Number 19, Brookville, Franklin County, 27 April 1855 — Page 1

1 A NEWS ßfJD BUSINESS PflPBR-röEVOTBD TO P0RBS6N-AND' DöiBSTäÜ EWS, MGRrUS, TBMPBRANGE, 'BDUGÄTiÖN, 'fifiRSCÖlTÜRB, ÄND THE BEST 8NTBRBSTS 'OP SOCIETY. VOL. XXm-NO. 19. BRÖOKVILLE, FRANKLIN COUNTY. INDIANA. FRIDAY, APRIL 27. 18-5-5. MOLE NUMBER 1163.

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T W BATTJ. IL D .-PHTSICU.I & SUR I. tiKUM. urrvi, ttkl) mliUne, oritr of lala aad Jsmea eireete, Brook rille, lad. TB. 1. 3 Orr V. IXXLT,-SCKCE0.1 DESTIST, ricB, HmMi mnn 01 in ; or u III WOffc i warranted. . charge for ut, If tilll. A auoaeraarice. mUS KILOORZ, JUSTICE er tbb PKACE, J end Au.ruy CtiDMlIor at law. Brook Till, Ind. Omca, 14 tlory Wal l building , froaUng the Cotrt tlouee 43 1M3. TTT K0Ä20W, ATTOKRET A COURSaXW, LO AI LAW. U-nc, So. 7, Halle'l Building, Brookrille, Ind. 9143 TT n creorsTrurr. tto rr k y a 5 d 1, tou.i LLUK AT LAW. Omca, imlir the American Um. Brookrill, Ind. 43 'II A LT. VT AÄT), A TTO R R K T CO ü 5 . E L LO K X AT law, Orncr., oror Sowars' store, brook dl, Ind. nOS2S J. KELLST, ATTO K 3 E Y AT LAW in Äoti hüM- Oerie a .one door ii of Ute Valley Hoaee. Brook t lila. Ind. Will takearkaowtetlgmeale of Daedl, take ft a 4 ertiry Depoellloat, Ander tu ote. m HO KAI J.WinTK.-ROTARV PUBUC, X Leaec, lae., wilf take 4etoalUone tad aeaaowU.ljuieoU, and at km 4 lo Notariat b aal neu goaerallr. IfÄKRiSÖN DIRECTORY. T f IJtlTT. HRALKR IR GHOCKK1KR AAD JLV Prunn., Markal ureal, Maatum. Oaio, ttea heu 4 a good aaeortmeatof all articles ta hla Ii na. ALnyt general astortmoai of rvnNiTuniii Which he will (II chats for etth ar country prodeee. oct 7 41134. TTTLTOIf TTmXLL.-OMB OOOÄ KAMT Of 1,1 Unig Kkira, lUaaien, Oaio, Paalar In IlTlCKICA.il, rMKMril ANS KMCLlSll DKY OUODrt, BtnaeUaad Booael Trimmings of all styles and prleea U'iiaa, MlaaatanU ChllJraai Knoia kapltoa aUally kand. ocl (7 O PKUVZa TJCUOt-DKALRRS IM fASCT a4 i..miia uai Cooa, Ladlaa Drau Uoodt aarj kl4. C raaoriaa, IUr4 var,iuaaniara , UooU. Bhoai CarpaUaff, Aa., Cosas M4ftirr 4M Witact BmiTf , HARRISOX, OUIO. Ott 87 3 IM JI T.. X. nTLHÄ. UKALEK l.f OR'TCH, 3 tictuaa, ftrnu, Oil, VaruUbaa.Cla, Xja Uff, die. Corsar Mala ad Markat llraala, UAARUOir. OUIO. 117 43 HS e. aoaia. WH. IIKO. 0?: 0 K0T1L-COH5EH MAIS & MARKET krarla. harmäox. ouio. D. risitEII. Proprietor. OctS 7 43 I8i4 KUITKLIII COTJUTY DIRECT 0 II Y. Ciacnr Cocat uaaU Uta Ut Mandaji la Febraary aa4 Aagaav may ail Uro aoka. Coaao Pii4i Coca r inaoU lat Mondajri In Jan ary, Aprtl, Juli and Octobar may all 3 waekt. CoMmatoaa'a Cocar raaata lit Moadari In Jaaa,aptomoor, Dooaoibar aa4 Marrb my au ix da 71 acb Ha. Caxitatr flleara. A. R. McClaerr. Ranalor. II na aspire a Oel itH t. K. a. jaiar. nap Ifoab Miliar, Joa M. Jobnaoa, Clark, M. Batinar, Hbartff, Wai. Kooaaao.Troatarar. M Pab IHM " Od lcjJ 44 Aar IK17 Mar IH39 Url IK5 Oc ).VJ ItüO ,Joba H. Quick, Aaditor, Kalla O.bom, RaaorVar, M' Job Holbr,Conoar, M W. W. Hubbard, Hurra jor, M Cocrrr CoaNitAioasaa: Crrat Quick, J. II Paarot, Elmar Hyau, Um aaptraa Uc lobar, 18il- - . Jnalic f tli Pasee. aanoariLta rowai mir. CTTiia Kllfora, ComiKtaakoa aiplraa Apr 19, 1P.V1 Alfrad Ward Apr W, 1M7 Wm. K. Mowall, Apr 3, 1857 Jamaa Mawbloaay Oct 31, ICM arauortiLO Torimr. Joafih VTatah, Commlaaloa oxplraa Oct 7, W Calab Tneam, or I, 153 bamaal lloUMay, - Aprt4, IBM ktooMiaooiOTt Tovaimr, DavM SlaoffhUr, Commlaatoa aiplro Ro I, lf.U waaa ciamaois, AprSl,ltU BCTtaa Towatiir. A. B. Lina, Commlaaloa aiplff 5orembar I Ki SquIraUarray J3,lt03 ratariata Towaamr W. A. J. Gilda valt, Cornea oxplrea Fabo, lud JaaaTurnar, " Jaa3,lt03 iaatATowair. Pranala Kaoebt, CommUiton axplraa Rot .1JJ rraoet A. Bowvra, Ocl, , L4riiLTowaiBir. Iaa ClamanU Comaalaaloa aaplraa Da OT, 151 Ladwtck Knamtngar M o 3, 1K14 Kooanu.Jinka " üclSn, Hit iiaTAMoaa Totrmnr. Joha Iloral;, CoamUaloa xpre Jaly 13 UM ronr rownuiir Kobun. Miliar, Commlaaloa arplra Rant ti.USi Jamaall. Moora, Jaly I0,lli7 bat townamr. ITanry Relmeler, Commlaaloa oiplret May Ba list Hiram George Miy 7,133 Aifraiia Towwinir. T.Q. Abraham, Commlatloa expiree Pee 0, 111 Iiaaa Phillip, Fab 84, U37 wmitb watsb tiamii. Walter VlU-hrll, Commlaaloa eiplrve Hep S,1.ti KllpbalettfarUer, Rep 13, IKM a ATM Towaanir. John Rtew, Commlaaloa oiplret June 9, I 31 Lewie Wblieman April ti,U3i AEEIYAL A17D DEPARTUEE OF HAUS. Cincinnati malt arrlree dally ill H M. Po pan dailr al a AM. 1 Indiananoda mail arrtfta dally at 3 P M. Poparts dally ate PM. Connerarllte mall arrtre on Mnndari, Wad Balar and rrtdaye at a K M. lKiparta Tuei4ar.Tbara.laaan4 talantaya at A St. Caatrerlll arrlree Mondava, Wednexlayi and Pr.laa at a P M. D-parta Taetdaya, Thuradayi an.l "alaManall A M. Mam wall am aa Tneedara and Prtdart at I P M. IMperU Moadari and Thuralaya at P M. 0ff l mall arrtrea KrlJaji at 10 A M. De parte Pr1a)tat II AM. Ku.brtn mall arrlree Teeadaya, Thur.lai and NaluHajr at 4 P M. Oi-parU Mondall Wadaaiar anl Pridara al 4 A M . WiatarTill mail arrlras alarlaji al 4 P M. Departs 'rl.layi al A M. Varaalllee mill irrlra ToeiJtTi at 0 P M. De 4art Monoaya al a A M. Lawrnrabarh tnall arrtf ea Saturday! ttS P M. Depart Pridayal4 A M. Letura In ha mailed mu.lbe In the Offlra bitore aViock PM, pmrtoee h the departure of all mall laarlag la ibe morning. UNION COUNTY DCTÖlfT Ciarerr Coraf maau the 4th Mondays In February and An uit mar eitlwo weak aarh 11 n.. Coaaoa PLaaaCoeat maeU94 Mondaytln Fobrar. Mar, Angual.and Norembert aauwpt hen lhara are 4re Momlaye In the praeedtae: ruoulb U:.i Ut Monday. May tit t weekaeach lima. (.oaitteaieaaa'e Cecar meeb 11 Mandate In J'i-. . apumbor, Deoiobar and Marc way tit 1 aca time. 'Cemntr Offlcera. Minor Melker, M.nator, Urne xplrea Oct. IU3, W.l l.,1. Mao. Kaoeh WarJ, anarilT, tt. Uur Uta, CUrk, W. Dawton, Auditor C. 9 alter, Tma.arar, W m. a. Koaa, Carouar, Jeaae Cook, hurraror. Lewi J.C'llne, Recorder Ofl. IMJ Aag. 1 'S I, or. IM33. or. IM3. Aug. IWIJ Ort. 1"5I. Ct. IHit. ?. ICiJ. 4 tt tt Coemr CoM!eiMioaiaa-Crm WINon. Uie Rnldar.and AI. M . Paddock , I ma olrua St iw Umber, lfiJ-o-7. r ' Jaiatlc ar k Pear. R. Jarrell, Commlaaloa expiree Apr. IH, Ih.',. r.nragg, Ira Matwell M R. M. HawOrth. top. 14. IKVi. Apr. I, if j. J. P. Baaaelt, O.WHant, T.J. Calf In, Jaa Umbo, m H. Rl.iar, J W. Hwaan, Joeaphj Brown, II. fcaftVr, Oe. Wilaon J. P. Templeton Z. Pagaoi, 5or.n, ir.t. Oct. 10,1.-31. hep. I, 13. Do. 34, IHÜ. Apr. 0, ix.. Aug., IrU. Feb. 14, I'M. Aug- S3, ll. MaryS. 37. Oct. 3, If J. Apr. 13,133. ways, IPs DIt. 0. II. MARTIN, PHTilCIAW AMD IU&OZ0N, ANDERSONVILLE, 171 I5D1AAA.

(From lha Odd Fallowi Magaalna. The Search for a Han. at raor. a aa towiaoa. Tbroufb Ihacrowdad atraata of a city X cynla phlloaophar bled With a lighted lamp, la lha day tlm, 1 am leaking a man," ba crtad. Bat raltt u lha isarib of Ua cyale, Through creating, aad crowded street; Aad Talnly ha peered la the facet Of all that ha chanced to meet. Thlt ttory le not without moral, Por altll from Beertheba to Dan, Ha might tearch with a light among tboutanJa la ttlnjor the type of a maa. There paaaeth In eotlly raiment, The owner of antold landi, There are glided trapping about him. And Jewels apoa hie bände. Ha bowi while patting tba doorway Of lha ehapel faulted and dim, Bat the aomea or the tad and lowly litre nerer beea glvldtnod b him; II kaedt not the prayer of the wretched Who dwall 'naath Iba told world'a baa Ha bat aot the boartof a human, Oho! It not a iu. There dwellath lo recti tplendor A chlel whom the world cells great Ilia name may be altered by tboutaodi, But hit plrll la daanlal. The fret of flerro ambition Hare watted bit belter part And left Mm a llrlng balagt With Bittet Inatead of a heart. Voa may mourn for the tplrlt that left blm rZT Kre ambWIon lie rule began; You may rail htm a falle angel, But etil blm rar a mam. Away from lb din of tba city, Away from Iba babllng throng, la IhellghMuriakea dwelling! Of mleory, ?lee and wrong; VTatketh one, bumble and faithful, Brarely performing hit part, toothing the troubled spirit. And halmg Uta wounded heart. But call him not an angel, Thai lolling artltan; But alter tr la glad Knrtk MI hare found-1 bare found a Mam I" Baookf ma, Tub. 18i3.

AN ACT To Eitabli ' a Bank with Branchei. Fee. 1 . L it enacted bj the General Assembly . the State of Indiana, TT.at there ' all be, and there is hereby, establish ?d n Bunk, with so many Branches as shall be organized under this charter, tobe known and styled The Bank of the State of Indiana," which ßhnli continue as such for the term and period of twenty years from the date of its organization, and for fuch longer period thereafter as shall j be necessary promptly to close its bus-1 iness, as hereinafter provided. bee.?. 1 hat 1 nomas L. Smith. Andrew L. Oaborn, Jehu T. Elliot, Addison L. Koache, and John D. Defrees, are hereby appointed Commissioners who. before entering unon their duties, shall take an oath diligently, faithfully, and impartially to pcriorm the duties assigned them by this Act. Tl-ey shall keep a true record of all their proceedings, which, together with all the books and papers pertaing thereto, they shall deliver to the Board of Directors of said Bank when the samo is organized. Sec. 3. Said Commissioners shall meet at Indianapolis, within ninety days, after the passage of his Act, and if any of their number shall refuse to serve, shall die or resign, they shall fill such vacancy or vacancies by the appointment of some suitable persons thereto; and they, or a majority of them, arc authorized, and it shall be their duty to divide the State into not less than Cftecn, nor more than twenty, bank districts, and to locale one Branch of said Bank in each of said district, at such place as they shall designate, selecting, where it can bo done, other things being eual, in each district wherein a branch of the present State B ink of Indiana is now located, the samo couuty in which such branch is located; and they shall appoint two sub commissioners for each of said districts ah shall be residenst ibercin to rcccivo subscriptions of stock, and perform such other drties as may be required by this Act. If said Commissioners do not make the hole number of districts authorized by thu Act, the Board of Director of the Bank may, at any lime after being organized, lay off from time to time Rddilionaldistrtcts.and locato branches therein: VrovuleJ, that t'.io wholo number established shall not exceed the numbers herein authorized. bed. bhould any of the branches herein established fail to organize, as herein contemplated, it shall be the dutyoflhe Directors of the Bank, once in each year thereafter, ifrenuir ed by any number of the citizens who will be responsible for the expense, to open books of subscription within such district, and locate and organize a brunch therein, at such place ns they may select, if the amount of stock herein required shall be taken und paid for under tho provisions of this Act. Sec. 5. Tho.Bai I nank shall keep an office atthc city of InJnpolis.and the Directors thereof l teetand hold their session at J n n three months. It hall i .: . I . Jy corporate and l'oliti.. Uh rx -v- j iu an,! ho sued, plead .tnd be impleuded, in any court of lav. f equity, having jurismcmn, ana ful b'lbinrsdu; nnd -!i 1 hei bra I t transact all other law crein permitted them to have power by and thro' , and not otherwise, to loan money. uy, sell and negotiate ohm 01 exchange, eiiecks, promissory notes, and oilier evidences of debt, to discount, on banking principles and Ubuaes, bill of exchange checks, promisery notes, and other negotiable paa 0 a pr or obligations for the payment of money; to receive deposits, to buy and sen gold, silver, bullion, and foreign coins; k uraw, issue, and put in circu lation, bill, notes post notes, bills of exenange, ana oilier evidences, of debt, payable to order or bearer, and not otherwise; and all snch notes and bills of exchange, shall be payable on demand; and to exercise such oter inci

dental powers a3 shall be necessary

to carry on such business. See 6. The real estate, which it shall be lawful for said Bank to purchase, hold and convey, shall be hrst, such as shall be required for its immediate accomodation in the convenient transaction of its business; or, second, such as bhall have been mortgaged to it in flood faith by way of security for stock, oans previously contracted, or for money's due; or, third, such as shall havo been conveyed to it in satisfaction of debts previously contracted in the course of its dealings; or fourth, such as shall have been purchased at sales upon judgements, decrees or mortgages, obtained or made for such debts; and the said Bank shall not purchase, hold or convey real estate in any other caso, or for any other purpose; and all such real estate not absolutely necessary for tho convenient discharge of its business, shall bo set up, at least once a year, at public sale, arter having given thirty day's notice of such sale, describing tho property to be sold, and Ihn name of tho mortgager, in at least one newipaperin th district where said bank is situated, and placingthree written notices In the most public places in the town where the bank is located, and shall bo sold if the same will bring tho amount of tho debt, interest and costs for which tho samo may been bought, received or taken by the Bank, and which shall remain after deducting all profits received therefrom. Sec 7. All conveyances of real estate shall bo signed by tho President of the Bank, and have affixed the seal thereof. See 0. The said Bank shall not at any time- suspend or refuse payment, in gold or silver, of any of its noles, bills, or obligations due or payable, nor of any moneys received upon deposit; and if said Bank at liny time refuse or neglect to pay any bill, note or obligation issued by such Bank, if demanded within the usual banking hours, at the proper branch where the tamo is payable, according to the contracts promise, or undertaking therein expressed, or shall neglect or refuse to pay on demand, as aforesaid, any moneys received on deposit, to the person or the persons entitled to receive tho same, then, and in every such case; the holder of any such bill, note or obligation, or the person or persons entitled to demand or receive such moneys, as aforesaid, shall respectively be entitled to receive and recover interest on their said demand. until the same shall be fully paid and satisfied at the rate of twelve per cen tum per annum, from the time of such demand, as aforesaid; and any branch so failing to meet its engagements may bo closed as in case of in solvency. Seo 9. The said Bank, and each and every branch thereof, shall mutually do responsible for all tho debts, notes and engagements of each other: and the stockholders of each and every branch shall ba held and bound to id amount over and above their stock equal to their respective shares of stock, for all the debts and liabilities of said Bankorany of her branches. Sec 10. All suits or actions against said Bank, or any contract or engagement made, or liability incurred by tho Board of Directors of the Bank, or on any contract or engagement made or liability incurred by the board of Directors of any branch, or on any bank bill or note, shall be brought against tho Bank of the State of Indiana. See 11. Tho process in such case hall bo a summons, and shall bo served on tho President of tho Bank, in all cases where the contract, engage mentor lialibility sued for, shall have been made by tho Board of Directors of said Bank; and in all cases where tho contract, engagement or liability sued on, has been made or incurred by a branch, the process shall be served on tho President of such branch; and so also where the suit shall be brought on any bank bill or nole, the process shall be served on tho President of the branch at which such bill or note shall have been modo parable; or, in may bo left at tho banking house, or ait sucn cases. R conr 01 the nrocesa place of doing bnsiness of tho Bank, or 01 me proper orancn, as tue case may be, during the usual hours . of bubiness, which shall bo good service And it is hereby mado tho duty of tho President, or any other officer of any branch knowing of such service, forth with to notify tho President and Directors of . the Bank thereof. In nil suits brought against said Bank, on any note, engagement or liability of any branch, such suit shall bo brought in tho county whero such branch may be situate; and all suits broughtagalnst the Bank on any note, engagement or liability of the Bank, shall be brongl in the county of Marion. Seo 12. There shall bono stay of 1 j cxccuuon on any luagemcnt against said Bank, nor snail she be entitled on judgement of execution against her to the ben tit of valuation or appraise ment laws. Seo 13. Said Bank shall be entitled to charge nnd receivo for monevs loan cd the legal rate of interest established by law in this State, and not more, and the same may, according to 'bank rules, bo taken in advance out of tho sum loaned, and . may bo computed according to the standard and rate set forth in "Bowlrt's Tables" reckoning the days for which a note or bill has run inclusively; but it shll not direct y or indirectly, place any money in U'Q nanus 01 any broker or. other per son to be loaned toothers or charge take or receive any interest, comnensa tion or benifit whatever from any loan e . mado by aiiy other persons or party whether sucn Joan be mado from its own funds or otherwise. : . . Seo 14, The profits arisiftg, after paying expanses and reservation for a contingent or surplus fund, shall be divided among the stockholders as

1

cording to the amount of stock owned and paid by each; and in making this calculation and division of proGta, each branch shall be independent of the others, and its own profits divided among its own stockholders. See 15. Tho capital stock of said bank shall bo subject to the same rate of taxation for State and County purposes as the property of stock of other monicd corporations; and the t eal estate and other property of said bank and branches situated ia any city or town, shall bo taxable for municipial purposes, in the same manner ns other property sc situated, but the capital stock of said Bank or branches shall not be taxable for mnnicipial purposes. . Sec 1G. The person administering the government of this State, Treasur

er 01 state, secretary, Auditor or Public Accounts, Commissioner of the Canal Fund, Judge of the Supreme or any Inferior Court, or any person holding An office or appointment under the authority of tho General Government, shall not whilo in such office, hold the office of President of tho Bank Director of the Bank, or Präsident, Director, or Cashier of any Branch, nor that of A member ofthp General Assembly; nor shall any President Cashier or Director of any branch at the same time hold tho office of President or Director of tbeJJank, on the Iart of the State," or ti offico oftlm 'resident, Director or Cashier of another branch. v Seo 17. The "notes icsucd by said Bank shall be signed by' tho President of the Bank,' and shall co' made payable at the branch whiclishall issue the same, and shall bo signed by the Cashier of such branch. Seo 18. It shall not bo lawful for laid Bank at any time, to use or employ any part of its capital stock or oth er funds in the burin? or selling of goods, wares or merchandise or in any other business or dealing, than is by this act authorized and permitted. See 19. It shall bo lawful for said Bank or any branch thereof, to accept, receive and become responsihlu for the deposits and public revenues of the United States, upon such " terms and conditions rj may be agreed upon by the agents of the General Government and a majority of tho Directors or said bank; Sec SO. That it shall bo lawful for said bank to lcceivc on deposit (ex cept as', above prohibited) moneys bullion, plate, and other articles ot value of small bulk, ' on such terms and conditions as may bo agreed upon by the parties. Sec 21. It shall notbc lawful for the directors cf the said bank lo locate any other branch or branches of said bank than is hereby authorized. Sec 22. The capital stock of said Bank may bo increased by individual subscriptions at Any one or more branches by and with the assent and concurrence of the directors of the Bank. Ste 23. The General Assembly may at any time appoint nn agent to examine me state ana conuiuon 01 saia Bank, and each and every branch hereof, who shall have the same pow er and rights as examiners appointed by the directors or too liank; and wherfany agent ns aforesaid shall find and report, or the Governor of the State shall have reason to believe that the charter has been violated, it mav be lawful for tho Legislature to di rect or the Uovernor to order a scirefacias to bo sued out of tho Marion Circuit Court In tho name of the State, (which shall bo executed upon the president of tho bank for tho tiino beng at least fifteen days before the commencement ' of the term of said court,) calling on tho said corpora tion to show cause wherefore tho charter hereby granted shall not bo de clared forfeited; and it shall be lawful for the said court upon the return of said fCirr fach, to examine into tho truth of the plledged violation, and it such violation bo made Appear, then pronounce nnd adjudge the said char ter is forfeited and annulled; and ev ery issue of fact which shall arise in such proceeding and may bo joined 1 . 1. iS -. .. I uetween ino oiaiu uuu corporation aforesaid, it shall bo tried by jury, and it shall be lawful for the court aforesaid, to require the production of such of the books of the corporation as it may deem necessary for the ascertainment of tho controverted facts; and tho final judgement of the court aforesaid, shall bo cxaminablo in tho su premo court of tho State; and may there be reversed or affirmed according to usages of law, and it shall bo the duty of the Governor to employ counsei in Denan 01 tne oiaic 10 prosecute such writ of tcirt facla$. m . eat a a . M neo 24. ihata general meeting or the stockholders of each branch shall be held annually, at such time as tho directors of tho Bank shall direct, at which timo elections for directors of tho preceding year shall take place, to which meeting tho directors of the precceding rear shall exhibit nn exact and particular statement of tho state, condition and atTuirsof said brauch; and general meetings of tho stockholders may be held at any other time when ordered by the board of direc tors of the branch. Sec 2 5. Certificates of itock shall d to stockholders ' signed by bo issue the president and cashier of the proper branch, ' and may bo transferred on tho books of tho branch to bo kept for that purpose, and not otherwise; in which caso the old certificate ah all be surrendered and new ono issued. No stock hall be transferred by any stock holder when any debts due, or ia then owing and to bee me due from such stockholder, but by tho consent jf the director of the branch, and such stock books shall,' at all reasonable times during tho usual hours of transuding business l e kept open for tho exi..minationsf nriV Tjcrson. having in hi pos session any note,' bill or obligatio jt .on

any branch, the due and tho payment of which shall be refused. And in

this ease any officer having chargoof such book bhall refuse to permit such examination, he shall, for - every such offense forfeit the sum of fifty dollars, to be recovered in an action of debt by the person so retuscd. bee 26. block shall be considered ft a as personal property, and may be sold on execution and transferred on the books of the branch by the officer selling the same, but in all cases be subject to a lien in favor of tho bank, for all debts, bonajidt due, or then owing and to become due the same, from the owner. Sec. 27. After tho first election, nn stockholder who shall not havo held his stock, for which ho rotes, for three calender months previously to tho days of election, shall bo entitled to vote; and. tho number of votes to which stockholders shall bo entitled, in vot ing for directors shall be in proportion following: that is lo say, for each and every share not exceeding fifty, ono voie; and for every five shares ovcr fifty and up to ono hundred, ono vote; tor every ten shares over one hundred, 0110 vote; stockholders may vote in person or by proxy, but stock holders who are not residents of the United Slates shall not bo entitled to vote for their stock. See 28. No president, cashier, clerk or teller of said bank, or any branch thereof, shall bo permitted to voto at any election tor directors ns tho attorney, agent or proxy of any stockholder. No president, cashier or director of the bank, or president or cashier of cither' of the branches, shall, during the term of his office, no cligible'to a seat in either branch of the General Assembly of this State Sec. 29. There shall bo a board of directors of the bank, which shall be styled tho Board of Directors of the Bank of the Suto of Indiana. Said board shall annually, after its first or ganization, elect one of its raembeis president, at such timo and in Euch is et e 1 manner as shall be prescribed by bylaw who shall hold uis office one year, and until his successor is elected and Qualified. It shall bo his duty to pre side at all meetings of tho board, to call special meetings theieof when he shall deem it necessary, and to trans act all other business appertaining to A w his office, or required by this act, or by tho laws of said bank. He shall receive an annual salary, to be allowcd by the Board of Directors of said bank, not less than one thousand nor more than four thousand dollars; pay ablo quarterly. Sec. 30. Tho General Assembly may, at its present session, elect four directors of said Bank, two of whom may be chosen by tko Senr.tc, and two by the House of Representatives; tho House of Representatives concurring in tho election ot those chosen by the Senate, nnd the Senate concurring in tho election of thoso chosen by tho House of Representatives; but in cose of a failure to elect by such concur rent vote after thrco trials, all said di rectors shall bo elected by the joint vote of both Houses. Said directors shall, at the first meeting of the Board after their election, determine, by lot, which shall serve for two Tears And which for four years, and thereafter, at each biennial session of Ilm Legisla turc, two directors shall be chosen in like manner, or in such mode as may bo othcrwiso provided by law, who shall hold their olhco tor tour years, and until their successors are elected nnd qualified. Such directors, or any one of there, may at any time be re moved by joint resolution of the Uen era! Assembly. Their compensation shall bo fixed by the Board of Direc tors; but the compensation or any member of the Board shall not bo in created during tho term of his np pointment. . ae O a a Sec. 31. Vacancies occurring in tho office of any State director eIiaII be filled by appointment, to bo made or me uovernor. unui mu samo sniu . .. . IV VJ VI Vi IH1 I ! anw ejieiAiv hiiihi lied by tho General Assembly, as is Act is provided for tho election be fill in th of directors. See. 32. The Board of Director o each branch bhall annually, ana as often as a vacancy may occur, elect ono director for tho Bank, whoso com pensation shall be fixed by tho branch directors, nnd paid by such branch. See. 33. It shall be the duty of said branches to receivo Hud pay out tho revenues and funds of tho Suite, under tho direction and control of tho Tieusurer of State, whenever tho Leg'mla ture may so direct. Sec. 34. Tho Board of Directors o tho Bank hall havo power to appoint a cashier, nnd such other interior olii cers and agents ns may bo necessary to carry on their business to fix their s ... 1 term ot ollice ana compensation, nnu require such bond nnd security from them ns they may from time to timo deem expedient Sec. 35. Tho directors of tho Bank shall have power to limit and contro the amount ot discounts ana loans o the branches, after they shallnmoun to one and a nuarter lha amount o the capital stock paid in, to settle and adjust the accounts and balances between thcra, and for good cause may suspend the operations of the same w in . m . 1 11 1 They bhall havo power, and it shall be their duty, to regulato and equalize the State funds an I public deposits that may be in bank, and may trans fer the same trora ono branch to nn other, as circumstances may rcauiro but they bhall in no case withdraw any part of the capital stock of any branch, or any part of its local fundi, without the consent of the Board of Directors of such brunch, to be used in any other branches, except in cases requiring such branch to bo closed, ns herein provided for ; nnd thej bhall havu power to make and prescribe nil necessary by-laws to carry the powers herein conferred into effect. Sec. 30. They shall have power to appoint one or more of their number

to visit and Inspect tho condition and affaire- of each branch, when and as

ft en as to them shall seem necessary; and it shall bo their duty to make such examination ntlcastonce in six months. and also at any other timo when there0 required by the directors of nny branch. No director Bhall be appoint ed by the Bank to examine, vi?it and . a,.a mB 1 inspect the condition and nuairs ot any branch from which ho has received Jus appointment. , bee. 37. lho person or persons so examining shall have power to examine on oath or affirmation, (which they are hereby authorized to administer,) all the officers, servants or agents of nny branch, or any other er son, ia relation to the atlmrs and condition of such branch, and they shall have power to nxamino all the books, papers, notes, bonds nnd other evidence:) ot debt of any branch; to compare tho books, funds and 'proper ty of said branch with their returns nnd statements mado thereof; to as certain the amount of money and available funds on hand, and generaly to raako every other inquiry nnd ex amination necessary lo ascertain lho actual condition of such branch. Sec. 3C. Tho Board of Directors of tho Bunk shall havo power to require of. tho Board of Directors of each branch report of their business and condition, as often as shall be expedint, and not less than ence each month. Sec. 39. They shall havo power, whenever they shall Ascertain in any manner that nny branch is insolvent, or is mismanaging its affairs, whereby ho interest ot tho other branches is ndangcred, or that a branch hath vi olated any of tho provisions of this Act, or any other Act binding upon them, or that nny branch hath iicgleo ted or refused to comply with any logaloderor diicction of the Board of Directors of the bank, and it is hereby made tho duty of suid board forth with to suspend tho business of such branch, and tho power of tho branch directors over the same, and if the in terests of the Slato or the safety of the other branches requires it, to close up tho affairs and business of said branch euiirely; nnd to effect the same they arc hereby vested with poar to PI ha point a receiver or receivers who all, under their direction nnd control collect nnd receivo the rights, credits And effects duo such branch, and turn them into available funds ; to settle, adjust and compound the same; to set tle, adjust any pay oil the debts due by such branch ; nnd if any portion of the capital stock of such branch, or stock notes given therefor, shall bo unpaid, to sue and collect lho same, as also all contributions required from stockholders under tho provisions of the ninety-fifth section of this Act, of so much as thallbo necessary to meet the demands against such branch. Sec. 40. That a copy 01 such order suspending or closing any branch, and appointing n receiver, or receivers, to tako charge of the same, signed by the President and Attested by the clerk of said board nnd tho seal of said bank, shall bo sufficient to authorize such receiver to seize and tako charge of the a a a at same; and nil ouiccrs, stockholders, servants and agents of such branch shall bo required to obey and submit to the same, and in default may bo indicted for misdemeanor, nnd fined nnd imprisoned at 'tho disccrction of the jury trying the same; and any person rnudulently holding or concealing nny of the property or effects of such branch from such receiver shall, upon conviction thereof upon presentment or indictment, bo fined in any sum not exceeding one thousand dollars, nnd confined at hard labor in the State prison for any terra of time not less than ono year nor more than ten years. Sec. 41. It shall bo tho duty of tho Directors of tho Bank to provido for the payment of nil tho' debts of n failing branch that shall remain duo after all the property, real and personal, rights, credits and 'effects, and all the stock of such failing branch, and tho contributions of its stockholders, shall have been first applied ; and for that purpose they are hereby authori zed to cull on tho other branches for their respective proportions arranging tho time of making such calls so that the wholo amount of such debt hall bo paid within one year after such failing brunch shall havo been suspended. bee. 4 j. And it it shall so happen that the property, stock, contribution vt effects of said failing branch shall not by that timo have been turned into available means, tho samo shall bo collected nnd distributed among the several branches, to meet tho advan ces by them made lo pay the debts, of otich falling branch. Sec. 43 After payment of all den ands against a failing branch, if . , . . 1 11 t 1 any residue remains, it snail do paid a a a a el to tho stockholders in due proportion. Sec. 4 1. Any order of tho board of Directors to suspend or close a branch shall be carried by nt least tho votes of two-thirds (of tho members present utBoine lueclin-', to utlcnd, which nil the members of the Board bhull have been noticed ; and tho questions bhall bo taken by ayes and noas, and the samo recorded on tho minutes of the Board. Sec. 45. Tho order of the Board of Directors of the Bank suspending nny branch, bhall likewise have the et feet to s vspend all suits, judgements, orders decrees and executions, for nnv claim or demand which said brand: should have paid ; nor shall any suit be piogressed in until tho matter m controversy shall been submitted to tho Board of Directors .of the bank, or the perrons by them entrusted with .a " a a . at the aiitttrs 01 saiauruncn; and u, on such submission, the justice of such claim shall not bo admitted, and tho same ba agreed to pay on tho closing up of tho affairs of said branch, the same may progress lo judgment, but execution thereon, and all other cx; cution and decrees, shall remain unti

I one year from the time such branch (was sespended. I

Sec. 46. The Director. of tho bank shall have power to regulate tho manner of holding elections for directors of the branches, nnd may if necessary, changö and fix tho time of holding the same, of all which elections reasonable notico of timo and place shall be given. Sec. 47. And in case nn election of directors should not be made on the day when the same should have been, tho directors of the bank shall order a new election, and the directors for the time being shall continue to hold their offices until such election takes place, and their successors aro qualified. Sec. 40. No failure on the part of tho General Assembly, or of the branches, to elect directors of the bank, shall be considered ns a dissolution of this corporation, but tho' directors for tho time being shall continue to hold und exercise their offices until their successors are chosen and qualified. Sec. 49. Said directors shall havo power to regulate and control the dividends of profits so that tho capital stock shall never be diminished, and to create and keep a surplus fund that shall never be less than ono sixteenth of the eapitel stock in each branch. Sec. 60. In tho calculation of the profits previous to a dividend, interest then unpaid, although duo or Accrued on debts owing to any brunch, shall not be included. Sec. M. Dividends of profits shall bo declared semi-annually. Sec. 52. Said board of directors shall have power to close nny branch which, after tho first year, bhall not yield a profit of six per cent, per annum upon tho capital actually paid in, and the same may bo proceeded in as in caso of insolvency, unless tho dis. count shall havo been limited nnd controlled by tho directors of the bank, so as to prevent said stock from yielding such profit. Sec. 63. They shall causo to be1 opened and kept, by their clerks, accounts with each branch, showing the operations of each, and keeping constantly in view their business and condition, which shall be at all reasonable times open to the inspection of any stockholder, and ef any person authorized by the Legislature to inspect tho aanc Sec. 54. They shall likcwiso-kecp a record of all their proceedings, in which all their orders, votes and resolutions shall bo entered, with the ares and noes on all questions, which shall be opened to like inspection. Sec. 55. They shall apportion the salary of the president ana other officers, agents nnd directors of the bank and all other general expenses, among tho several branches, according to the amount of stock in each and shall have power to demand nnd receive the same. Sec. 56. It shall bo the duty of the directors of tho bank to keep and preserve tho original books of subscription of ßtock, nnd to causo to bo returned to them from each branch every six months a statement 01 nil iransters of stock made tho preceding six months. Sec. 67. They shall also procure and tnkc charge of tho plates on which the paper of suid bank oh all be printed, and shall causo a sufficient amount thereof to bo printed from time to time us occasion may require. Sec. 60. They shall deliver, on the order of the Board o( Directors of each ranch, nn amount of said paper not exceeding twice tho amount of the capital actually paid in at such branch except whe.i nioro shall bo wanted to rcpiaco mac which may nave ucen aa b.o a a worn out, defaced or lost; in which caso all so do faced thall be returned 0 said Board of Directors of tho bank and destroyed; nnd they shall give no other or greater amount for paper lost than they havo good reason to oeuere iit actually lost by circulation or oth erwise. No notes shall bo issued of denominations between fivo und ten, or ten and twenty, or twenty nnd fifty, or fifty nnd ono hundred dollars, nor shall moro than one sixth of tho notes is used to any branch be of denomination less than fivo dollars, nud no notes bhall bo issued of any enominntion less than ono dollar. Sec. 69. Five Directors, with the President, shall bo necessary to conKtituto a board for tho transaction of business; but in caso of vickness or absense of the President, his place may be supplied for tho time being by nnr dirccter chosen by the board. Sec. CO. It hall bo tho duty of tho Board of directors, in tho first week of ach session of lho Legislature, to make report to both- Houses of the General Assembly of ihc affairs nnd business of said bank, nnd of each ranch thereof, setting for'h in regard to each. l-'irst. Tho amountof available funds on hand, denignating each kind. Second, lho Amount of notes dis counted. Third. Tho amount of bills of ex change. Fourth. Tho amount nnd condition of the surplus fund. Fifth. The amount of notes in circu lation. Sixth. The number of officers and servants, and the amount of eompen sation to each. Seventh. The amountof rents paid, u any. heighth. The value of houses used fur banking purposes. Ninth. The value or other real es täte, and whether the samo has been regularly offered for sale, as by this Act required. Tenth. Tho amount of debts due to and from other banks. Eleventh. All 6uch other matters ns shall by them be deemed material and important, or shall be required of them by thu Legislature. A like report (.hall be furnished to the General" Asscmbly by the Board of Directors of each branch; such report, mado by

the Directors of each branch, contain such statement of the

shall condi tion of the same as aforesaid, as the same is found on the third Saturday of November, in such year, at two 0'slock in the afternoon. Sec CI. The directors, and all other officers and agents of the Bank, and of each branch, shall severally, before they enter upon the duties of their office, make an oath or affirmation well and faithfully, to discharge the duties of tho same. Sec 62. The stockholders of each branch shall by ballot, annually elect not less than five nor moio than ten directors for such branch, tho number to be settled by the directors of the bank; and tho directors of tho bank hall appoint two directors for each branch; such branch directors shall hold their office for ono year, and until their successors are chosen and qualified. ' See 03. The said branch directors, at their first meeting after each election shall chooso ono of their number to be president, and shall have power to ap point a cashier, and such other officers and ngents as they may deem necessary, whose term of office, and whose compensation, together with, that of the President, shall bo established by tho directors. They shall also have power to fill all vacancies occuring in their own body, except in thoso appointed by tho Bank, which shall be tilled by lho directors of the Bank. Seo 04, No director appointed by tho directors of tho Bank shall be chosen moro than twice in three years. Sec C 5. No branch director, except the president, shall receive compensation for his services, unless by Lho vote of the stockholders. Seo 66. No person shall be elected a director of a branch, by tho stockholders, who shall bo in arrear to such branch, nor unless such person shall be'tt citizcu of the Slate and a stockholder, owning in his own right, and not in trust, at least five shares in such branch. But in caso there should not bo a sufficient number of stockholders owning live shares, to conslitnte the directory, they may be elected out of those having the highest number of shares. Sec 67. If, during his term of office. any director shall become in arrear, or fail m business, remove from the State, or cease to own the requisite amount of stock, or otherwise become disqualified, it shall be the duty of the said Board of Directors forthwith to vacate his seal and appoint anothor in his place. bee 68. No person shall baa direc tor in more than one branch at the samo time; nor shall two or more partners be at the samo timo directors of the same branch, or of the bank and a branch thereof; nor shall a director of any moneyed corporation, having power to discount and receive deposits, be a director of any branch. bee 69. The board of directors of each branch shall have power to re quire such security rrom their officers and agents for the performance of their duties as they may deem neces tary. Seo 70. It shall be their duty to make reDort of their business and con dition of their board to the Directors of the bank, once in each month, and of tener if therefore required by said board, setting forth all the particulars required in their reports to the Legislature, and shall also tend conies of their monthly reports to each branch. bee 71. lho board of directors of each branch shall keep a book or books, in which shall be entered and faithfully recorded a Journal of all their proceedings, which book shall be open to tho inspection of all the Stock holders, At nil regular meetings of the same, and also be open to the inspec tion of any three stockholders, holding together in their own right, twenty shares of stock on application by them, mado by tho President or Casho icr. Seo 72. All elections by tho several boards of directors shall bo viva voce nnd recorded. Sec 73. The directors of each branch shall have power to make and prescribe such by-laws, rules, and regulations as they shall deem needful, touching, irir. The Government of their re spective, branches, and tho manage ment and disposition of its stock, busi ness, property, estate And effects. Second. Tho time, manner, and terms upon which discounts nnd deposits shall bo made and received in, and by the same. lhrd. The duties and conduct of lho officers, clerks, nnd servants em ployed by the same, and fourth. AH such matters as may appertain to the concerns of said branch; subject to the control of the! directors of the bank in the cases and ncording to the powers herein given to the directors of the said bank. ' Seo 74. In the management of their bubiness the board of directors shall observe the following rules: First. No branch bhall loan money on the security of its own stock. Second. No person shall be accomodated with a loan whilo in arrests for stock, for interest or for loans had either on his own account or a security for others, and their due, unless the sums ro lie be retained and first paid cut of suoli loan. Third. In the renewal of notes tho securities shall never be lessened. Fourth, No director shall be allowed to bot row out of the bank on any oth er than the usual banting terms. ana oec. 70. Jvcrv omcer, agent, or clerk of said Bank or branches, who wilfully and knowingly subscribe or make false statements, or t&Isc entries in the books of such bank or any branch, or shall wilfully and knowing subscribe or exhibit false papers with th? intent to deceivo any person au thrized to examine or enquire as to the coudition of said corporation, or hall williully and knewinpW sub j scribe and make falso reports, bhall

be deemed guilty of felony, and shall

be subject to imprisonment at hard labor ii. the State Prison, for such term of years as the Jury trying the case may think proper, and likewise any commissioner or examiner wiifully and knowingly suoscrioing or making any false reports, shall be deemed guilty of felony and subjected to like penalties. Sec. 79. Any officer, agent or clerk employed in said bank or any branch who shall embeiile or appropnAte the property or funds of said bank or any branch, with the intent to cheat and defraud the same, shall be deemed guilty of felony and punished in like manner. Sec. 77. That the president afid directors of the said bank man empower any of tho branches at their own expense, to open books for the tran fer of stock in Any of the citizens of the United States; and any noch branch may authorizo transfers of any portion of its stock, without lien, or restriction, on which the St&to has no lien, on sid books; which books shall be kept open for inspection conformably to the provisions of the 26th section of this act, and such transfers shall be regularly certified to the Bank. See. 78. That any branch or branch es shall be authorized to contract with such board and officers as tho State may empower, for the receipt and disbassemcnt of any deposit of public funds by tho btate And for tho interest to be paid thereon, suljcct lo the an. Eroval of the board of directors of tue iank. Sec. 76. Tho cspilal stock of said bank And branches, shall be divided into shares o f fiftydollars each. No branch be shall organized until capital stock to the amount of one hundred thousand dollars shall bo subscribed therefor, and tho commissioners herein before appointed, after giving at least thirty days notice by publication in three or more newspapers published in the city of Indianapolis, and at least twenty days notice in three or more newspapers published in each bank district, or many as may bo published in auy district, where there are not three published, shall cause books to be opened by the sub-commissioners to be appointed for that purpose, for the subscription of the requisite amount of stock, at such places within the districts Aforesaid, as shall have been designated for the location of branches, which books shall bo opened between the hours of 9 and 12 A. M. on the days and at the places specified ia suchnotice, and if the requisite Amount of stock shall not sooner be subscribed, said books may be kept open between tho same hours each day, for the space of thirty days. If more than the requsite amount of stock shall be subscribed while the books are open for any branch, the excess shall be taken first from such as reside out of the State, next from c'orporatiocs, and should there still be an excess, the same shall be taken in proportion from the subscriptions over ono thousand dollars, until all are reduced to that amount, and then from all equally. See. CO. If a sufficient amount of stock shall be subscribed by responsible persons At anybrarcb.it shall be tho duty of the sub-commissioners to notify the commissioner? thereof, who shall give notice to tho subscribers of the time when the first payment on their stock sha be made, which notice shall be by publication in one or moro newspapers published in the proper bank district, sixty days before such payment is to be made: And they shall also give notice in like manner, that an election will be held on the day succeeding that appointed for the payment of such instalment, between the hours 10 A. M. and t o'clock P. M., at some specified place at tho point where such branch is to be located, for the election of five directors on Eart of the stockholders of such ranch. At such time and place the stockholders shall appoint two suitable persons who are not stockholders, to act as judges, and one to act as clerk, who shall, After being duly sworn faithfully to perform their duties, receive the ballots for directors, and certify that those receiving a majority of the votes cast were duly elected, shall constitute the board of directors so elected, ahall constitute the board of directors of such branch, for the purposes of its organization and until the board of directors of the bank of the State cf Indian, bhall be cganised and appoint drrectois on the part of said board, and the directors so appointed, shall then be added to such branch board. See. 81. Such first installment shall be two dollars on each tlsre of stock subscribed, and shall be paid to subcommissioners bv whom the books were opened, and who shall attend for that purpose, and in case of the failure of any subscriber to pay such first a IS a a installment, the sub-commissioners shall strike, his name from the books and immediately re-opcrt said books ivirrcciTo auoscripnons, 10 mikC Up the deficiency from any persons who win pay sucn installment. As soon as a branch is organised, said sub-commissioners shall pay over therwto, all the money received from such subscrip ions, and all books and pspers apptitaining thereto, which, with the returns of the election for directors, and tho certificates thereof, bhall be entered or copied into the record books containing the proceedings of the board of directors, which entrice shall be prima facie evidence of the fact ' therein stated. If any sub-commissioners shall from any cause, fail to perform any of the duties required of him the same tnay be performed by any other person appointed ty tho commissioners to supply his places l nn residue or said stock shall be paid in such instalments as the board f director of the proper branch shall require, but such instalments shall be so graduated, that sot lest than one Lon