Western Sun, Volume 8, Number 8, Vincennes, Knox County, 25 January 1817 — Page 1

THE WESTERN SUN.

From the Press of EIJHU STOUT, Publisher of the Laws of the United States, Vol. 8.J VINCENNES, (Ind.) SATURDAY, JANUARY 25, 18 1 No. 8.

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THE WESTERN SUN,

IS printed on everv Saturday, at Two .. 1 :i ' j TVai-L. r r iimnm. it mod m arlvnnrf or Two Dollars and Fifty Cents, at the end of the year, tor whe n a note will be required. No subscription can he withdrawn un11 !l n ! . r, . v O . It'll 1 U I ail dlliaium-a m yam. . , , r , . . Arlver tiaementa ronsnir.uoiis v insertd on the usual terlns. Advertising customers Will note on their advertisements the number of times they wish them inserted Those sent without such directions will be continued until forbid, and must be paid for accordingly. AN ACT adopting the Bank of Vincennes, as the State Bank of Indiana, and for other purposes. Sec. I. BE it enacted by the Generat Assembly f the State nf Indiana, That the Bank of Vincennee, established at Vincennes by an act of the Legislature of the Indiana territory, approved the 10th day of September, 1814, entitied " An act to Incorporate the President, Directors Ix Company of the Bank of Vincennes." be and the same is herebv adopted as the State Bank of Indiana, until the first day of October in the year of our Lord 18 55, and no longer, by authority of the constitution in such case made and provided ; and as such State Bank shall be styled and known until the vcar last aforesaid.

Sec. 2. The capital stock nf the said tuey may select, for the purpose of disBank sh:-d! be. and the same is hereby en- count and deposit, upon the same terms larged and extended by an additional ca- and In the same manner, as shall be prac-

pital of one million of dollars, divided into 10.000 shares cf 100 dollars each of which 3 730 shares, amounting to

375,000 dollars are hereby reserved for Directors for each branch batik, who shall the state, to be subscribed for from time Continue in office until others are appoints time bv the governor thereof, as it tea in their place, by the directors of

shall be found convenient, having due regard to the funds out of which such hares shall be payable, and the remainine 6,250 shsres may be subscribed for bv individuals, companies or bodies corporate, in the manner herein after specified. Sec 3. Subscriptions towards cons'i tilting such additional Bank stock, for $000 shares, shall be Opened on the first day of April next, as follows, to wit : at CentretiUe, in the county of Wayne, for 200 shares, under the direction ol James Pegg, Aaron Martin, and John SproW ; r.t Brook vilte, in the county ofFranklim for C.50 shares, under the direction of Wm. II. Eads, Robert John, and John Jacobs; at 1 .aurencelmrg, in the County of Dearborn, for 350 shares, under the direction of Isaac Dunn, John Gray and David flees; at Vevay, in the county of Switzerland, for 200 shares, under the direction of John (iilleland. Lawrence Nichols and Daniel DufoUr ; at Madi: ort. Id the county of J- ffersonj for 300 shares, under the direction of David H. Maxell John Serine: and Alexander A. Meek: at Charlestown in the county of Clark) for 350 shares under tne direction of James Seott, Evan Shelby V P. Hay ; it IJrownstown, in the county of Jackson, for 100 shares, under the direction of John Ritehum, Alexander ( Craig and Jolm M4Cormick) senior; at Pcola, m tlic countv of Orange, for 100 shares, under the direction of John ti. Clendennin) 'm. Lindley sen and Thomas Fulton ; r.t Salem, in tlie county of W ashington) for 300 shares, under the direction of Mareton O. t u k, Jonatiian Lyon and Samuel Craig; at Corydon, inthecoun ty of Han isor j for 350 shares, under the direction of llen D Thorn, Dai id Craig ai Milo R. Davis; at Trov, in the r. untf of Perrv for 100 shales, under the direction. tA John Stephenson, Soloman Lamb and Thomas Morton; at Darlington, in the county of Warrick, fu- 100 shares, under the direction of Daniel Grass, Huffh MGary and RatliH Boom ; at , in the county of post , for loo shares, under the direction o" I - ile rick Rapp, Thomas E. Csstlebun Thomas Oivcns ; St Princeton, in the County ofQibson, for 100 shares, und r the direction of Wm. Prince. Robert M. fivana and James Jones; and in each end everv county organized at the pre - sent session -f the general assembly. Or Which mav at anv time hereafter be organized, subscriptions shall be opened at the seat of jutiic in every such connlyt fur any number of thsret not excee-

din?; LOO, at such times and in such man

ner as the general assembly may direct ; J!4""" 3UW 'f11"" - rr the same ruks. regulations and restrictions as e prescribed in the act of incor poration aforesaid, for the subscriptions to the original stock, and shall continue open for the space of sixty days, unless sooner filled ; and such shares as shall , . ., . r r be unsubscribed tor at the expiration 01 . r that time, shall be returned to the bank. Sec. 4. The 3 250 remaining shares, and returned and forfeited shares, shall be subscribed for in such manner, and at such times as the president, directors 8c company of the said bank shall direct and appoint, by and with the advice and consent of the governor of the state. Sec. 5. The subscribers to the s.id additional stork hereby granted to the bank aforesaid, their successors and assigns, shall be, and they are hereby made a constituent part of tt.e corporation and body politic, created by the act of the territorial legislature aforesaid under the name and style of the president, directors and Company of the bank of Vincennes, confirmed in their charter by the Constitution of the state, and by anthority thereof, hereby adopted as the state bank of Indiana; and as such com stitueiK part of the said corporation and body politic, shall be entitled to the same rights and privileges, and subject to the same rules and regulations. Sec. 6. It shall be lawful foi the directors of the said state bank to organize omces at sucn places wit am tins state as tised at the mother bank, and to commit the management of the Said offices, and tnaking; of the said discounts to eleven te State Bank, and shall be stock-hold-ers v subscribers within the th tics for which the branch ma) three counbe estabhancd, one ol whom shall be the presiuem oi sucn orancn, ami Me same number shall form a Quorum as at the mother i.i' 1, i , bank, who, together with appointed by the said dh en officers tors of the mother bank for transact! mar tne business i of the branches shall be gfccmetits, and subject lions as the said deveto Bank may deem proper, M 1 such a-reirula-to sm rs ot the State ?r, not being coaonstitu' ion of the crarv in taw, or i so bank : and such offices When so organized, shall be, and the same ai D hereby established as branches of the said State Bank : Provided, There shall not tablished more than one branch f rv three COUUlies nor in more a ese re places than the Capital of the State BankfgriN M. authorize, unless there shall be subscri SCV!bed to the said State Bank, and pa specie on the part of individuals, a sum equal to 30,000 dollars. And the capitat stock of such branch shall be at least equal to the amount subscribed in tne said three counties, and actually paid on the part of individuals, if so much capital can he there advantageously eioidoyed. See. 7. Whenever the ranters1 and Me hanics' Bank of Indiana, at Madison ajrrec to have the' po ra tion dissol ve d . and become a branch of the State Bank aforesaid, and such agreement is officially made known to tin1 directors of the State Dank) the said directors shall immediately proceed, at lee request of' C said Farmers' 8t Mechanics Bank, to organist an office at Madison aforesaid, for the purpose of discpunt and deposit, and upon the same terms and ill the same mataicf as shall be practised at ti e and commit the management of thesakl office and making ot the said discount to such directors ofBcers, under such agreements, and subject to tuch regulatiotia aa other branches j and took office when so organized, shall be and the same is hereby established as a branch of the - id Suite Bank ; and the general assembty, St their next session after the organisation of such branch at Madison, may bv and with the consent of said corporation at Madison, declare such co prat;on dissolved eacept so far as may be necessary for the purpose of faithfully and finally adjusting snd closing the business o! the corporation. Which might be tan settled at the time of the dissolution afori said ; the capital of the said branch hank at Msdisotl, when organized Sc cstablished as aforesaid, sh.,11 be at least

equal to the amount subscribed in tryee counties, of which Jefferson shall be one, to the State Bank, and actually paid on the part of individuals, if so much capital can be there advantageously employed. Sec. 8. When the governor shall subscribe for any shaies in pursuance of thia act, he shall certify the same to the auditor, who shall accordingly issue his warrant 6r warrants on the Treasurer in

favor of the bank for any monies due by such subscr" ution, which shall be navable out of such fund or funds as shall bv law be set apart for that purpose, Sec. 9. For the correct management of the affairs of the said Stale Iiank. in addition to the directors now provided for the government thereof, there shall be three additional directors on the nart of the state, to be elected annually by joint ballot of both houses of the general assetnbly, who shall continue in office one year, and until others shall be elected as aforesaid to supply their place : Provided, That net more than one of whom shall reside in any one senatorial district, And for every 100,000 dollars subscribed for stock on the part of the state, the general assembly shall elect one director in addition to those previously elected as aforesaid, who shall continue in office one rear, and until the general assembly shall elect others in their place: ProvU ded however, That the v hole number of directors of the said State Bank, shall never exceed fifteen, nor shall anymore than five of Such directors ever be electeu on tne part 01 the state. Sec. 10. The governor of the state shall be furnished from time io time, as often as he may require it, not exceeding once a fndnth, with statements of the smount of the capital stock of the said bank and of the debts due the same ; of the monies deposited therein, of the notes in circulation, and of the cash on hand ; and shall ha ve a right to inspect such general accounts in the books of said bank as shall relate to the said etatetnei is And the general assembly shall alsq be furnished annually frith like statements oi the situation of the bank and its branches, during their session, if they require it: Provided That this shall not be so construed as o imply a right of inspecting the aecbuntl of any individual or individuals, co-partnership, or body corporate or politic, with the bank. See. 11. The president, directors and company of the said bank, frlopted as the state bank aforesaid) shall, and they are here1.; required, to loan to the state. at an interest ol six per centum per anmifn, payable annually, any sum of money in sp cie or m Danx notes on chartered banks, current and at par throughout the State, not exceeding 50,000 dollars, for any length of time, not exceeding five years, whenever, during the existence of their charter, such loan may be autlioriii. i aed by law. Sec. 12. The state and individuals who may ha-c subscribed to Said corporation shall be entitled to dividends in proportion to the monies actually paid to said bank by them respectively. Sec. 13. No director of anv branch of said State Hank, shall have on loan at any one time, more than the sum of 5000 dollars, nor shall he be an endorser at anv one time, for a greater amount than 10,000 dollars, unless previously authorized by a law of this slate. Sec. 14. This act shall take effect on the tenth day of March next : Provided, That consent on the prrt of the said poration at incennes to the samcshw be duly and legally made in writing J the satisfaction of the governor, at or before that time, and recorded in the office of the secretary of state. Isaac BLACKFORD, Sj r tiki r cf the House f 1 fireentative CHRISTOPHER HARRISON, President of the Senate. Approved January I, 1817. JONATHAN JENNINGS. 0-iO (RV AUTHORITY), Laws of the Union. FOVKTEI NTH CONGRESS, 2nd SKSSION. PESO I UTIOM for sdmitting the State of Indiana into the Union. W 1 1 ER HAS. in pursuance of an act of Congress passed on the Jih dav of April 1816. entitled, u An act to enable the people of the Indiana n i ritory to form a constitution and state "vtrimitut, and

for the admission of that state into the Union." the people of the said territory did, on the 29th day of June in the present year by a convention called for that purpose form for themselves a constitution Sc state government, which constitution Sc state government, so formed is republican, and in conformity with the principles of the articles of compact between the original states and the people and states in the territory north-west of the river Ohio, passed on the 13th day of July, 17S7. RESOLVED, by the Senate and House of ReftretjentmHvet of the United Stat, of America in Congre assembled That the state of Indiana shall be one is hereby declared to be one of the l States of America, and admitttod into the Union on an equal footing with the original states in all respects whatever. H CLAY Speaker of the ffouteof lefirctenta'htee. JOHN O I ILL VUD President of 'he Senat , ro tempore. Dee. 11, 1816 IPP ROVED JAMES M VDISON. MILITIA. The following is a synopsis of a report laid before Congress, by tjio at-tino- secretary of war, on the subject of the militia, pursuant to a vote of the last session ; That the militia be divided into i classes ; those between the age of 13 and 21, to be called the minor class ; those between the age of 21 and 31, the junior class ; those over 31 and under 45, the senior class ; the minor class shall he liable to be called into the service of the IT. States, within the state or territory to which they belong ; the senior class shall be liahlc to serve at the call of the U. States, m the state or territory to which they belong, & in those adjacent those of the junior class shall be liable to do any dotv by the constitution required of the militia, or in other words, shall be at the disposal of the executive, to be fed armed and equipped when in the service, by the government. Tne minor and junior classes shall be assembled once a year to do military duty, sha 1 he subjected to the same' discipline as the army to be at such, limes subsisted and equipped at the expense of the United? States, and oe reinwariv tor a nvcn period of time, when the mi!itia of the Other two classes shall attend and be instructed as infan

try. Arsenals and military depots shall he erected, munitions provided in each state or territory, for the militia at such seasons for which the several states shall be accountable to the war department. Whenever the Unitel

States shall be invaded, or whcn-J

ever the President thinks that there is imminent danger of invasion. c shall be. authorized to call as many of the militia as he shall deem necessary to repel it. Whenever combinations are for med for obstructing the laws of the U. States, too powerful to be repressed by the judiciary, or by the Marshals, the president shaft call forth such portion of the militia as lie shall jude necessary for that purpose. If there is ai insurrection in any stare of territory, against the government thereof, the president mav ' i application of the legislature, or m their absence, of the execut&a thereof; call forth such portion of

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