صور الصفحة
PDF
النشر الإلكتروني

only such as shall be requisite for its immediate accom modation in relation to the convenient transaction of its business, and such as shall have been bona fide mortga ged to it by way of security, or conveyed to it in satisfaction of debts previously contracted in the course of its dealings, or purchased at sales upon judgments or decrees which shall have been obtained for such debts.

[graphic]

11. It may be lawful for the directors aforesaid, to es- Offices in E. Ten. tablish one office in East Tennessee, and another in the and the Western Western District, for the purposes of discount and deposite only; and upon the same terms and in the same manner as shall be practised at the Bank, and to commit the management of said offices, and the making of said discounts to such persons, under such agreements, and subject to such regulations as they shall deem proper, not

B

[graphic]

being contrary to law or to the constitution of the Bank. 12. The directors shall keep fair and regular minutes of their proceedings; and on any question when two directors shall require it, the yeas and nays of the members voting shall be duly inserted.

13. The said corporation shall not at any time suspend Of refusal or or refuse payment in gold or silver of any of its notes, payment of spe bills or obligations, nor of any money received upon deposite in said Bank; and in case of such refusal the holder of such note, bill or obligation, or the person or persons entitled to receive such monies as aforesaid, shall be respectively entitled to recover interest at the rate of twelve per cent per annum from the time of such demand. SEC. 7. Be it enacted by the authority aforesaid, That the bills or notes of the said corporation, originally made Public moneys to payable, or which shall become payable on demand, in gold or silver coin, shall be receivable in all payments to the State of Tennessee. And the public monies of the state, as well as those of any incorporation hereafter constituted by authority of the state, shall be constantly deposited in the Bank of Tennessee, whenever lying inactive, so long as said bank shall continue to redeem its notes in gold and silver on presentation.

Bank; and the private property, both real and personal, of each individual taking stock therein, shall also be bound and liable for his or their stock, in the same manner; provided, that no stockholder, in his individual capacity, shall be subject to suit or payment of any such note or debt of the Bank, so long as said Bank shall continue to redeem its notes and discharge its debts at the banking-house, or usual place of transacting its business. And no transfer of individual stock shall take place, but by the consent of a majority of the directory for the time being, and in every case of such consent given, the individual property of the assignee thereof, shall be bound and subject to the payment of notes and debts, in the same manner and to the same extent as the individual property of the original owner of the stock.

SEC. 9. Be it enacted by the authority aforesaid, That Statements to the President and directors of the said Bank, on the rethe Legislature: quisition of the Legislature, shall furnish statements of the amount of capital stock of the said corporation, and of the debts due to the same, of the monies deposited therein, of the notes in circulation, and of the cash on hand; and the Legislature shall have a right, by joint committee, to inspect all accounts in the hooks of the

BANK OF TENNESSEE-BOOKS.

Bank, as shall relate to the said statements; provided, that the private accounts of individuals shall not be published, although the same may be examined into in all cases, for the purpose of ascertaining the state and condition of said Bank.

Of violations

SEC. 10. Be it enacted by the authority aforesaid, That charter. whenever any joint committee of the Legislature shall find and report, that they have reason to believe that the charter has been violated, it may be lawful for the General Assembly to order a scire facias to be issued out of the Supreme Court of the State, in the name of the State of Tennessee, calling upon the said corporation to show cause why the charter hereby granted shall not be declared forfeited; and service of said scire facias upon the President or any two of the directors, shall be equivalent to service on all; and it shall be lawful for the said court ; upon the return of said scire facias, to examine into the truth of the alleged violation, and if such violation be made to appear, then to pronounce and adjudge that the said charter is forfeited and annulled; provided however, that every issue of fact, which may be joined between the State of Tennessee and the corporation aforesaid shall be tried by a jury.

F. W. HULING,

Speaker of the House of Representatives.
BURCHET DOUGLASS,
Speaker of the Senate.

December 20, 1831..

[ocr errors]

BOOKS.

CHAPTER VI. An Act to provide for the circulation and preservation of the Journals of the Congress of the United States and for other purposes.

Whereas, it is desirable that the citizens of this State, should have every opportunity afforded them of knowing the acts and proceedings of the Congress of the United States, by consulting the journals-and there being no provision for the distribution and preservation of said journals, for remedy whereof

[ocr errors]

Clerks to receive

SEC. 1. Be it enacted by the General Assembly of the State of Tennessee, That it shall be the duty of the Clerks of the several county courts of this State, and said Clerks are & preserve jour hereby directed and required to receive and preserve all nals of Congress. journals of the Congress of the United States that may be transmitted to them; to keep said journals at their offices, (except in cases otherwise directed by this act)

1

12

To take receipts

of office.

BOOKS.

and to admit all and every person or persons whatsoever, to inspect and peruse said journals as often as they see proper, free of any fee or reward whatever.

SEC. 2. Be it enacted, That it shall be the duty of said when loaned out Clerks, when any person residing in the county in which he is Clerk, may desire to have any of said journals to take to his residence, to permit such person to have the same; provided, said person shall tender to the Clerk his receipt for said journal wherein he shall promise to return said journal, within two weeks from the date of its reception; but in no instance shall any person be entitled to remove any journals from the Clerk's office unless he shall previously present the Clerk with a receipt ready drawn and truly dated as directed in this Act.

F. W. HULING,

Speaker of the House of Representatives.
BURCHET DOUGLASS,
Speaker of the Senate

December 16, 1831,

CHAPTER VII. An Act to distribute the surplus books in the
Secretary's office and for other purposes.

SEC. 1. Be it enacted by the General Assembly of the State of Tennessee, That it shall be the duty of the Secretary Secretary of Of State to pack up, for distribution amongst the several State to distrib- counties in this State, the surplus copies of the pamphlet books in his of acts of Congress now in his office; also the journals of the

ute the surplus

fice.

Dnty of the Treasurer

two houses of Congress, State papers and other Congress documents, reserving as many copies of each for the use of the office, as he may deem necessary, and deliver them to the public printers who shall cause them to be taken by the carriers employed by them in distributing the acts and journals of the present General Assembly. And it shall be the duty of the carriers to take receipts for the same when delivered, from the Clerks of the respective county courts; for which services the public printer shall be allowed such compensation as is allowed for distributing acts and journals.

SEC. 2. Be it enacted, That the Treasurer of West Tennessee pay the expense thereof upon the receipt of the Secretary of State.

F. W. HULING,
Speaker of the House of Representatives.
BURCHET DOUGLASS,

December 16, 1831.

Speaker of the Senate.

CLERKS.

CHAPTER VIII. An Act prescribing certain duties to the Clerks of the several courts in this State.

Manner of an

SEC. 1. Be it enacted by the General Assembly of the State of Tennessee, That it shall be the duty of the Clerks of the several courts in this State, within forty days after tering judgments. the adjournment of their respective courts, hereafter, to "enter upon a well bound execution docket, by them to be kept in their offices for that purpose, all the judgments rendered at each court respectively, and also the dates of such judgments, the parties to the action, and the bill of costs in each case.

further duties.

SEC. 2. Be it enacted, That it shall be the duty of the To enter the date Clerks of the several courts in this State, to enter upon of executions,— their respective execution dockets the date of the issuance from their offices of each execution, and to what county issued; also to enter the return of the Sheriff on each execution, and the date of the return by the Sheriff of such execution to his office. It shall be the duty of the Clerks aforesaid, to enter upon their execution dockets the receipts and dates thereof of all monies paid into their offices, to be entered at the time the same shall be received; and also to enter all sums which shall by them be paid out of office and the date thereof.

SEC. 3. Be it enacted, That when any Clerk shall fail Penalty for failto perform the duties prescribed in the first and second ure. sections of this act, he shall forfeit and pay the sum of twenty-five dollars, one half to the informer, the other half to the State, to be recovered before any Justice of the Peace in the county in which such delinquency shall happen; and said Clerks shall be moreover liable to indictment, and on conviction shall be liable to be removed from office.

F. W. HULING,

Speaker of the House of Representatives.
BURCHET DOUGLASS,
Speaker of the Senate.

December 12, 1831.

CLERKS' FEES.

CHAPTER IX. An Act to regulate the fees of the Clerks of the different courts of this State.

SEC. 1. Be it enacted by the General Assembly of the State Fees of Clerks of Tennessee, That hereafter it shall be lawful for the.

Clerks of the Circuit and County Courts of this State, to

« السابقةمتابعة »