J:
9sirviimsafiv. TUESDAYMTORNING
...,. . . g_... ..
.
.- .. .
I‘. ‘ .
' 1
.BY1NG'l3-9N¥
-- .....-./gum...-E-. .. .--. . - .
_. . _-..-- -. .... .
'. ~:~':: I-
"i:
. X . E-1"
:~-.-..‘;. . ..:.-' '
...-....
_._—._
' J
3,‘ 1.=.rr..=:: cl?-: rm.
_. 4 7%
VI’; '...
4 ‘ , .4
;.\_ .
.1 ,.V .y_
_ ._ - ‘ - _ _ vs. g,‘ .
- - ~— «.r'».=u- 9.: ' ti‘:-4:2;-,4: a‘l’:':2'~.’—: :1.» .v.«*f.§v
1 7 '.—.,“..,_
2
5...: '...I 'z..'
.j_
i-,....
.1/if
..,..;>'. u . .' V K
:4
‘V
\IL-._-—_;
‘ to 1liter‘at,ure“,‘, :
'-»-"1'i.:‘.'."i}..l 2‘-
a
i3"'...‘:t ,..i'‘
4.
,..
~__ -.1, 'I 4.. In
NQRWALK.cT;‘.iU-Esau,‘also: -
I““
1-‘l
.-.-
v‘.-.--“::_:- .,.-; ‘gas; g*.'~'t
a.a..—-.' . 7.: ,; M‘ 22,-
.» It -M-BER.
1- .‘..>='t.-.t : .2» .'n‘=--.2-s-F
‘ ~»’l‘~flE‘ NORW1lLli. GAZETTE.
‘t - - *A’.H. BYINGTON 8. (70;
As!-l‘. BYINGTON. ‘ ' H. W. Hrnvr.‘
Oficc‘-at the foot‘ of Main :t.—-overthc store of
, _ ' .C'.J.‘ Gruman.
« _ Terms or the‘ Gazette.
Village subscribers by ‘cal-riel--—pl-‘yr
Mail _do in advance do
Qliice,_silbsc,i'ibel's, or those p living out of
4: the‘ C_t“ll"I"l~i-.t_'l"lS dis_trict.aii_d‘\vllo call for
$2 on A
2 co
“ 'tl'i‘eii‘~ papal-;< at theoflice ' 1 50
Companies offiveor more receiving their »
~ -pa‘.per‘s by mail, ifpaid in advance ‘ 1 50
' 4 _ Terms of Advertising.
. 16 linesor less, 1 insertion ' 75
'. ‘ ' it‘ ' 9 u 87
u as 1
" Jon PaiN'riNc.‘ executed with nea.tne_.cs
NE\V BOOT. SHOE,
and ikléspclch, wild at low prices.
- 2lcat.lier& finding store
, ' WHOLESALE do RETAIL. ._ _
l ‘ HE‘ subscriliers hereby give notice to the
citizens of :\'orwalk,mld thepubllc in gen-
eral. that they have takena store on the west
-‘side of" the lli'itlge.'opposit.e the Post Office-‘
?No'-1 Watel' s.t..and fitted it-til’ ”‘ g°°d °"‘l‘*'°v
. ,\vhere lnay ._be found at all times a lm'}_7_P stock
5 golf geni’s, ladies’ and children's Boots and Slices
’ ofli ll descriptions, manufactured by us express-
" zly forltllis iiiarket.«by the best of wplzklneii and
tof the best materials, and no exeljtlons will be
spsiieil to please those who f-.lvoi' uswrlll ii call.
‘ Customers‘ work made to order, with lleathess
_i_ltl(l despiltcll.
is l'espe‘_ctful_ly soliciterl by
» 3- J.¥P.~HAl\'FORD. Jr. c\'.Co.
- ‘E’ Particulai:utteilt:ion paid to repairing in
gll its branclies.
Norwalk,‘ April 1st,‘185‘3. l5
NOTICE.
'= - LL‘ persons having unsettled accounts on
my books‘ are requ
ested to call andsettle
lson & Bissell, who are author-
ized ‘to receipt said accounts at‘ their store, for-
!l'!t~lt’l occu lied byt e Et1)Scl'l)el‘. -
‘y I ' S. E. OLMSTEAD.
tsif
with -me. or Jul
‘ ‘April will. .1852.
Dry Goods &. Carpeting. .
- 7 HIS day received aild now ready for In-
I spectioil th_e largest and best ussortineilt
of goods 1 llave~ever had the pleasure ot offer-
ing t:li'e' public, among tlle goods may _be lound
a very large amount subject to slight llnpei'fec~
lion‘ in m=lnufactul'e Wlliclt will be sold ilt onoa
llall'_oi' their actual fictlae (all ill want of two
dollars for one would do well to call‘) my stock
is now full and complete and every tilduceulent
will be offered to all in this or the _ad_[oining
come all and examine for
towns, come one‘. _ _
yoilljss-.lves,:is all my goods will be fl'eely Sll0\w ll,
' lter lilililtzezilellts will-
andnone nrsed to l>uy.gI'e= _
be“oli'~;-.l'e:.l tlian ever before. Reinenlbfw “N5
and call atthe Briilge str_~.-‘e.
C. Jfoaotl-l.s.N.
«Window Glass.
BOXES best 1-‘REN CH GLASS.
1 6 all sizes.
American do.
A‘ 100 boxes ,
for sale very low by Z. SANFORD-
\Vestpoit. March 29."52.
.§-
do
, j . flit: HLBATED A ‘
OXYG-IENILTBD BI'l.'-'.l.-‘HRS,
CONTAINING NO‘-ALCOHOL, '
l " Asurc Reni.o,=d_2/ /‘or ‘
‘RDYSPEPMA,
.
A
_. !‘N Am. ' t"l‘|S' vaaicus I-‘»o'n_nts,‘
‘Such’ as Rain in tlie Stornacll. l‘Ieartlrlirr.-, Ha-
bitual Costiveness. Acid Stomach. Head-‘
; , ‘ache, I_,ogs.of A'p'p'e1i2te. Piles. Night. .
' , , Sweats.‘ ‘Astllllmf’ or‘ ~Ph‘-tisic.
I ' F'l-atp}l9nc'é. in Sl0rfi'
“ ‘ch. Neyvousnmzs, ‘ ‘Co'ldness_ of the‘
Extremitiies, Weali'ne'ss of tire Limbs,
,_- . General nebilativ, _ ,
a,nd‘al| the ind-esci-iballte symptonis of H113 I’:'tt‘l3-
iersiil disease‘. These are also the best tonic
known for the pl"6V’8t'l‘l.l0Tl and cure of '
“P ‘ 'Fevera'-and Agate,
These Bitters have ie‘cei‘veIl the HIGHEST
TE$T5lbi0NlALS 8lr',t‘-I‘ otfered to the -public in fa-
vici-i' ofany nierliciile in the w'o'rl'd, and‘ are up-
proved by some of the best; pllysicisrnts. Wlt0‘l1S8
them-in tlleir practice. For the in‘o'st. sa'ti'sfac-
gory Woof jof the succa-ss of this renled‘y.- see
pa-mplllets containiilg full pal-ticu‘llirs and cer-
m}c,,.m3 [min MJembel's_of Congress and other
‘ ‘well known" to the public. A-ny individ-
ual ‘wishing f'nl'tliel'_in§n'mation respercting this
INVAL.UAl3LE MEDICINE, .
mgeinvited -to call on _the' A“-gents "ml Satisfy
tbcihselves by reference “to nuinerons letters
and c‘ei't.ifi'cates of the highest resp‘ectab‘i-lily.
" De‘. ‘Gil30'.‘ "B. GRE EN-,’, P‘:-'<‘>pi'ieto1'. Wind-
"§'1ii§!i?.D. _Bs'rE.s an-AUsT:lN3. Wholesale
Diguggists. No. ‘2'6'l\Tel'clNlllfs’ Row, ‘Boston.
6-’¢';‘uei':il" &'gent's.—. ‘ ’ ‘ ‘
;.,P.-"rice." $1 pe-ribottl='e ;- six‘ for $5.. : .
.;,\;[I;’1‘l,()i_\.l_.-.—li3e~ali. bpttle of the Gcnguinje
o:f‘y;g'g),1qte¢lg B’ittcrs,. ,.will have the‘ outside
\v_|‘;li)l)‘at‘ printed? in‘ En2lish.Frencli and Span-
/x;H.. willi-tile’éigilllturepf G60'- 13- GI'e‘en. Pro-
",*,.;f,-,*t,-',,;«.f,,,-,:,,,, Th‘.-99 Sides.» and in addition. a
fisi’iel=y‘en’gi-lilveily‘ labefu-ptrn the to‘p,of‘tli a‘ butt le
withtlre sig.iia‘fui'e of Reed,-Bates. & Austin.
who are tlie-"‘sole‘,(a‘reiii-irgil Agent_s,and to whom_
all-at-;i‘e.-sf-masts be aiddi-'éssed. - '_
'$Fér"saleby W E1 BISS ELL-. anddrugglsts
A share oftlle public patronage _
— commutation: _ ,
NFLW You}: 6.: N. HAVEN_aA1t.ROAD.
OM MU'l‘A'I‘l0l‘1 'I‘icket’s can be pl'ocui'ed
‘at the otfice-of the Company, No; 2 Han-
ove_r st. and at their cities in New Haven. atthe
followiiig rates : . - A . .
‘ TO AND FROM NEW YORK:
sri:c"L
TRAIN
AL}. TRAINS
s'l'oPPlNG.
6 mos. l 12m0s. lllémos
New Rochelle $35,oo 850.00 340.00
Mamaroneck ' 36.00 53.00 403.00
Rye . 37.00 55.00 45.00
Port Chester , 40,00 58 00 48.00
Greenwich _ 40.00 60.00 50.00
Coscob Bridge 40.00 60.00
Stailiford _ . 40.00 60.00
Darien 40._00 60,00
Norwlllk 40 00 60.00
\Vestport 40.00 60.00
Sontbport , 40.00 - 60.00
lt‘iiirfield 40.00 60.00
Bridgeport L 45.00 _ 70.00
Smnroi-ti’ ‘ 45.00 70.00
Millbril 45.00 . 70,00
-.'\"ew Haven 45,00 70,00
Tickets not transferable underiany circum-
'SltlltC‘8S, and to be used.‘ only by the pe'r:lon
naiiled in the receipt. which will be given for
the payment oftlie coiillliutiltion rate‘-—the use
of the ticket or certific_ate by'aily other l)et'S0t'l
being by the terms oftbe commutation, ll release
oftlle Company from their eligagenlents.
Commntels will show. their tickets to the
conductors, in the so me manner as other pas-
sengers. GEO. \V. \VHlS'l‘I.ER. Jr., =
. - Superintendent.
‘New York. July 1st. 1852. 4t27'
South Norwalk Academy. .
I ‘HE ensuing term ill this Institution will
open on VVediiesday. the 28th inst.
2t H. J. GAYLORD. Principal.
To the Probate Court for the District of Nor-
ujalk. in the State of Connecticut :
THE application of VVILLIAM ORR, of
- Fremont, in the county of Sandusky, and
State of Ohio. respectfully show:-the that he is
parent and natural guardian to Eleanor Orr,
Anll Mai-ia Orr, Emma Orr, Mary Orr.Tllomas
Orr, James Oi-iuand Levi _0l'l‘. minors under the
H2-e of twenty-one years, and that said minors
It-re the owners of all unvlivided interest in the
following relil estate. situated and being in the
town of VVilton in said district: a certain piece
of land in quantity three acres. three mods and
sixteen rods. more oi less. bonild ed nortlierly by
heirs of Lewis llyntt. deceased, easteily by
lligliwily and Samuel P. Randle, southerly by
Sainuel P. Randle and Polly Hyatt, and west-
erly by the. -Danbury 6.: Norwalk Railroad.
And he further says that the estate 3 at pres-
ent uilproductiro; that the avails tllere(-1° are
wanted'foi',t.lle suppolt, maintenance and edu-
cation of said minors, and that it. will be tor the
adv:-lnlnge,of sald minors to sell the same, lind
invest the avails tllercnf according to law:
wllel'el'ore he says that. there is just aild i'ea.soii-
able cause for selling the same. l'lE51llt'l‘ef()t'E‘.
praystlle court to order said real estate to be
sold, and to empower him or some other meet
person to sell the sanle.pursuant to the statute
in such ‘case mania and provided.
Dated June 29th, 1852.
\VlLLlAM ORR,
Parent and_natl1ral Guardian.
District of ,l\’oi:icalk Probate Court as. July
10/12., 1852. » , _
_ Ordered--Tliat the foregoing application be
llearil and determined at the probate office in
Nurwalk on the 25th day of Septemller, 1852.
at 9 o'clock forenoon; and that notice tllereof be
published in -some public newspaper near the
place where such real estate lies, three weeks
silccessively, at least six weeks before said tillle
assigned. GEORGE A. DAVENPORT.‘
28 Judge;
WILLIAMS & GUIO-.\l"S _
Emigration and Fora-igll Exclitiiigc
OFFICE,
No. 40 Fulton Street, New Yorli, and U5
_ l’Valcrloa Road, Liverpool.
The (lid Black Star line of Packets‘,
.‘s‘ailin.,r: punclually from Liticrpaol on the ‘lst,
6th. 1111:, 36th,. 21st and 26lh,r3/' each month,
and comprise the following splendid ships :_
1706
Universe, _ a Captain Bird.-_
Jacob A. Westei‘volt Hoodless I600
\Vnl. Rathbone Spei_lce‘l"' I200
’l‘ico'nderoga 'Boyle‘_ 1300
Princeton Russell 1400
lrene V-Villiains 1200'
Minna-sotaj ; Allen 1000
Silas Greenninrl Spencer" I000
E C Scranton Spencer 1500'
Leviathan Kim is ‘i’ 1500
Wm H l-Iarbeclc . Marsball 1500‘
Guy Mannering Freeman 1600
\Nash1'ngton' Page 2000
Ellterprise , Funk 1000'
Aberdeen Knapp‘ 1000
Riclltrrd Alsop‘ Smith I000‘
Nia'ga‘i'a ’ Smith 1000'
Dewitt Clinton‘ Funk 1300'
M iiriiiioll Hadley I000
Sa-ndusky Bol-land’ I200‘
Okvego . H ubbard 15500
Robert Kelly ~ _Bal'stow 1400‘
New Ship Edward.-i I750‘
Tllese Ships a're't?re r.‘-inst‘ inagilificent that
have yet been built. 'l‘lley are comnlanded'
by able fl‘nJ8X[)t\l'l8'l'lC‘E3d Captilirls,-, failleil for
their nautical skill and kind treatment to‘ emi-
grnilts; and their accoinmodtrtions for Cabin.
.Secniid Cabin, and’ S‘t'eei'a;e Pa'sseligel's. are
vastly silpe‘ri‘or to f.l't0Se of any other Line.
The Ship-’s allowance of Provrsioils collrpi‘i'-
soc fibur, 0111-m8tl‘l, bread‘, potatoes,» peas. or
beans, rice and‘ vi‘neg‘ar'. wl’1*i«-.l‘i‘is dealt: out to‘
the passengeis once or twice a week’ during
the voyage‘. at! the rate of 1'03 lbs. per week
for each‘ adult‘, and‘ lialf allo\va‘ncc‘fori' children
iincl”er twelve years ;’ and ill‘ addition‘ to the
’abovc.- n fuit'hel' allowance, according to a "late
act of the Bioitish‘ P'al'|ia'in=er:t. of two oz» tea‘,
half" lb. sugar, and ha‘-ll’ lb.- inolasses.to'eacll
adult. weekly. with three qiuarts lvatler daily.
in all cases where any of the persons pirid’fOl'
decline com-ing out, the full‘ passage money; is
returned without any deduction.‘ . -. 2
Persons residing in the country that desire
to“ .send’m'oney to their fr_i’ei'id‘s in't'he Old Coun-
try, andaviislliilg to save tiine‘and’ 9811671-‘$9. ¢1l“
have __it done in‘ a SttilSfti(‘.i0|'y,, ‘and correct,
nin‘nn’er, by enclosing by Post, to the _ snhscii-_.
bet’-‘. tltesum they wish to send}. with the
name and ndill‘ess of the party .w—lio'.is to ,re-
ceive it, when a ‘draft on the nelliwist Brancli
totheir residence will be forwarded by-' first
steamer with as mucll pnilctuallty as ‘if the
person‘ sendingit was present, amt _a receipt
ggfiérally’-lin the‘ U-. S.7a‘nd.-‘ Canada!»
K
_ returned for the money by next mail’. .3 , «-
-is this day rlissolvi-d l)
PllBLll.l AllliTlllN.l-.
ll;_L_ be sold at“ public‘ auction on the‘
premises, J lily’ 28th, 31852. at '10 o'clock
in the ~forenoon. all the real estate _belongliig
to the late firm of White 6:"Duti', cojnsisting ‘of
about‘ one half acre of land, with dwelling
house, store and dock. Also. about one-half
acre ofliind, with dwelling house, work sheds,
and il good sett of railways for hauling out ves-
selsuattilched thereto, Also. at same time, a
large. lot of Ship ‘timber, plank, and other ‘.ina-
terials commonly used in building nild repair-'
ing vessels, with a full sett of‘Slli_p ( ul'peiiter’s_
tools; said property is situated in Greenwich.
Conii., at a place-called Brusli’s Point, directly
north ofthe railroad bridge. on Mianus river.
Sale positive. AMOS M. BRUSH. .
_ By power of Attorney.
Greenwich, July 12th. 1852.
~ Dissolution.
. OTICE is llereby giveirtliat: -the ce-part-
nersliip lleietofore existing under the
name and firm or still-IM_l‘s, '65‘ YQUNGS,
mutual -consent. ' All
persons indebted to the latefirm are requested
to, make immediate payment to either of the
subscribers. ’LEON.-XRD SA M M18.
GEORGE YOUNGS.
New Canaan, Jail. 1st, 1852. p 3:28
« Dissolution. .
‘HE CO-ptlt'tltel'sltlp beretot'ore existing un-
, der the firm of SAM MIS 6.: DEEDY,
is tllis day dissolved by mutual ‘consent. All
persons indebted to said firm are requested to
make immlnediate payment to L. Salnmis.
‘ ' ' LEONARD SAMMIS.
_ JEREMIAH DEEDY.
Norwalk, April 17t.rl, 1852. 3t28
11 Clerk Wanted.
A young man from 20 to 30 years of age, a
good salesman. acquainted with all kinds of
goods, and willing to devote his whole time to
business, will find a‘ situation by making i.,ume-
diate application to the subscriber. A good sal-
ary given, and references required.
VVM. E. RAYMOND.
2t
New Canaan, July 16.
Public Act.-.1.‘
CHAPTER XIX.
An Act in addition to "An Act concerning Com-
- mnnities and Col-porntions ”
Be it enacted by the Senate and House ofRrp-
rescntativcs in Gr-ne-ral flsserzlbiy convened:
That any iiumbci'ofpel'sons in any town in this
State may associate for the purpose of p"ocul'ing,
building and establishing a pals-onage or place of
residence for clei'g_vmen, and being so associated,
shall upon complinnceiritll the provisions of this
act. be :1 pody politic and corporate: may sue
and be sued, and do all acts necessary and prop-
er for accoznplisllillg the objects of the associa-
tion: ina_v llave :1 seal, may purchase. hold and
convc_v real and persollal estate of a value not
exceeding five lllt)USZlllLl dollars : nlay choose
such officers, and make and adopt such articles
and by-laws, as they may deem lleccs.~;ai'_v for
conducting’ and rcgulatlllg its all‘-.lil's, not,inccn-
sistcnt with the laws of this State or the United
States: I-‘rovirictl, 'l‘hat before any association
shall be entitled to the pl-iviledges herein gran-
ted, it shall lodge with the Secretary oftllc State
a copy of its articles or by-laws, attested by its
pi'csirling ofliccr and sccl‘elar~y; and also cause
the same to be l'ecol'dcd in the records of the
town where such association is situated; and all
sllpsequent altcratiolls or amendments of its ar-
ticles or by-law.~., shall ill like manner be so at-
tested and left; and no article, or by-law, or
amendment tllereofsb:-ll take effect, until it is
so attested and left with tllejolvnclcrl: and Sec-
retary as aforesaid.
Approved. June 28th, 1852.
CHAPTER xx‘.
An Act in‘ addition to‘“An ‘Act concerning Coin-
tnunities and COt‘p0l'allnt'ls."
Be it cndéted by the Senate and Home of Rep‘ .
reseatalive.9 in General ./Issembly cozlvcned :
Tll-at ally number of perso'n.~l may associate tor
the purpose of forming n_ friendly society for
mulilal assistance in‘ case ol'slc‘kl’iess, deslitution
or death; and being so associated, shall upon
compliance Will! the provisions oflthis not; be =1
body politic and corporate; may Silt: and be
sued, and do all acts lleCCSEl3l')' and proper for ac.
complislling the objects of the society ; may
have a seal, vvllich it may change or alter at
pleasure ; may plircllasc, hold and c‘o‘nve_v real
and personal estate of a value not ‘exceeding
twenty thousand dollars j may choose such offi-
cers, and make and adopt. such articles or by
laws as they may deem necessary for condu'ct-
ing and re,=,»,ulating its affairs, not inconsistent
with the laws 0‘l"llil9 State or the Unitetlstales.
ra‘v'idc£l, 'l‘h:it before any such society shall be‘
entifled to the privileges llercin granted, it shall
lodge with‘ the Secretary ofthi.-l State -.1 copy ofitsr
articles or by-laws attested by its‘ p'residingc‘fi‘1-
cer and seci"i:t.ary and also cause the same to be
rccordetl in the records’ oftbe town where‘ such
assoc‘iatio'n is‘ situatecl, and all subsequent al-
terations ol"'ai’nendments ofitstarllcles‘ or by-laws‘
shall in like r‘nann‘el' be so attested and left ; and
no article, by-law or am'endn‘l‘ent thereof sllall
take effect‘ until it is so attested and left with the .
town’ clerk and secretary" as v.t’ol'esaid. Provided
that this act: shall not be so cionstrued as‘ to‘ per-
mit t-l'l'e forniation of any joint stock, company,f_or
the purpose of life Of‘ health’ insu‘ran‘ce.'
Appl-oved; June 1'Ilh,’lS5‘3.
¢nA1‘='r:n’ xxx‘. _ ‘ ‘
An Act in‘adclition to an Actventitled "An .—¥c't
_ C0l't’cE‘t‘l‘l'lllg Gblnmunities‘ and '.‘-ol‘por‘ations'.”
Be it cn’act'e4l by fire‘ Senate and House of Refl-
reseiztatiiics in Genera‘! Jlsseinblg convened,
That any joint stock (‘.0‘l‘p0t‘:).'ll0tl'O1‘g‘.tnlze(l,‘ or
l"i"il"rcll shall be organized, under the provisions
of said .-‘let, to‘whi'ch' this‘ is in addition; may re‘-
move their place of bu'sin(-ss from’ any town in
this State 'wll‘erc they are or may be l‘o'c‘ated, to
.ar]y_Orl‘leP town‘ in this State, by procuring from‘
the town'clel'l< oftlre town‘frol'ri=wliicli‘tlley sllall
‘remove. a certified‘ copy of the record in‘ said
‘town, of their articles of association, and all oth-
er l‘e(‘Ot'tl's‘,‘SlI0\\'lng their state of zlfl'airs, and"
causing said‘ certified‘ copy to be left for recold in
the office of the town clerk to‘ which su‘cb" col‘-
poration sllal'l'-remove,‘-t'o which cel"tif1'ed copy
shall be attached the certi‘fi'cate of the president"
and’ ‘secretary of suclr COl'pOl'ai‘lOti',= C('_l‘llljltlg
that such‘ C0]'p0l‘il_ll0t‘l'lt'.!S” thus removed‘, lvllich‘
certified‘ copy and certificate altaclied,‘s‘ll_al'l' be_
so left for l'8C0t‘d‘ iinmediately on snjcll relnoval,=
and :=hall- be recorded by such clerk at full length’
llt',a li~ool{— kept by him for su‘clrp'ui'pc*.i‘e. .P'rovzf-‘
dad that the presiclent and secret'al-‘y-of=' sl;-‘ch cor‘-‘
poration, shall immediately on“ slrclr regmoval-Q
cause to be‘ deposited with the‘ Secretary of this" .
State,~a'1ike certificate _of such removal_‘, as the‘
one deposited’ with such town clerk,-which ce_r- «
tilicate so deposited with the’ Secretary of this‘ .
Sta_tc,- shall‘ be‘ i‘ecord'_c;d by him in a’ book‘ t-o’be
jkeptby-hi-in for that pu'i*pose.- Provided;a*lso'.“
that said corporal ion shall cause to lI’6V.pl.1*l)l'lSl‘lj(‘:("l.-A
immediately on- such, removal", a duplicate copy
ot"certificate'ot removal‘, in two n,ewspapers pub-
lished in the‘ county in‘ which such corp‘o‘i~atio_n'_
shall‘ be located’. 01‘ in an-adjoini'ng~cou‘nt_v:' and-_ln*'
case ofremoval ,t‘i-om one.county' totanothef. sand.
duplicate, certificate shallj be p‘ubli_s‘lied_‘ in two _
inlet-vs"papcrs,'oni: in thefcounty trom“v'vhlcli,-“and ‘
.tl'i‘e’?'oi'liel" in-' the county. to Aw.1i-iclrsuclr;corpora-.'~
tion shall‘ remove.. ,.'1‘h_i,s,Act-to,takc._cfl'ccl. units _,
passage. . 3
Approved, June 24th. l-85$-':- - ' O *
' "‘Cf!KP'TERxxlI' '.
‘Jeri Act in addition t'o..“‘Ail Ac;t-c'oncefning'Co‘Iix'-
§_, - fnunitics and Corpoi-ations, _, , ,_
,3g_':teyza,cted by the Senate and House 'ofRép-
_’ rgsmtalivps in Ben era!'.flssem‘bIjl/ cabi.*cn‘c,d.-;
*.-Thait the Governor of this Statelfnay accept the
re“sign‘ation‘of any baiil:"dil“ector'appointed on the
part ‘of-Allie State ; and in‘case»ot' any resigna-
tion or inability of any statedirectoi-zto "attend to
the duties belonging. to said. director. the Gover-. ‘
noifl may ,a_pp_oint_sn'me other person to Slilppl)’.-ll_l_3
place until the next session of the Gel'l_€l‘_IlfA_5_'.
sexnbly: , . -H _-_ y . ‘ I
Approved, June 28th, 1852...
. . _ , CHAPTER xxixx), ' . _ , 4
An Act to antboriz-e the hu'siness,‘ot" Bafilcilngz. .
.13: it cndcted by the Senate and Pxo_u;4e of Rep-
_ i‘e,sejztz_ztz".:e.9 in General ./1s.'mnbI_1/ convened :
SEC. 1. The Treasurer oftliis State is hereby
_ alitlioi-ized and required, to cause to be‘en‘gl~aved«
‘and printed in the bestnianncr to guard against
couiiterfeitiing, such quantity of circulating
notes’, in the similitudc of Bank notcs,.in blank,
of.the_ dili'ercnt denominations authorized to be
issued byillie incorporated banks of. this State,
_a9.he may from time to time deem nec‘ess:il'y to_
cal-rif into effect the pi-ovisions ofthis Act, which
shall be stamped on their face with the words
" S‘ecm"ed by the pledge of Public Stoc/cs.” and
of such form as he may prescribe. Such blank
circulating notes shall be countersigned, num-
bered and registered in proper books to be pro-
vided and kept for that purpose in the office of
said Tt‘eaSl.lt‘t‘l‘, under his direction, by such per-
son as the said 'I‘rea_surcr shall appoint as Regis-
ter tur that pul'pose, so that each denomination
ofsucll circulating notes, sliall bear the uniform
signature of such Register. Andit shall be the
duty of the 'l‘reasuret' to receive and file in his
otiice mutilated circ.ulat_,ing notes issued by him,
and-to deliver in lieu t-liereot other cil'culating_
notes to the same amount, wllenever requested
so td do by the makers of said mutilated notes.
Sec. 2. Any numberof persons, not less than
twent_v-five, residents of this State, may estab-
lish offices of discount, deposite and circulation,
upon the teijins and conditions, and subject to‘
tllelizibililies prescribed in this act; but the ag-
_gregate amount of ‘the capital stock of any cor-
poration oi'ga'ilizcd under this act shall not be
less than filly thousand ‘dollars, nor more than
one million dollars: Provided that one half the.
said Capital Stock shall 'oe paid in before sllch
bank shall go into operation.- and that the‘ whole
of said Capital stock shall be paid in within one‘
year lllercafter. Such persons shall I1]tt.l(t‘. a cer-
tificate under their hands and seals, which shall
specify-— ~ .. ,
l. The name assumed to d_islirlg'uish such cor-
poration oit_as.soclation and to be used in its deal-
ings; but no-cnrp_oration shall make use of any
name of any bank now, in _oper:ition V or which
may be in operation ill this State at the time of
mzllcinzj: the Certificate.
2. ‘file place where the operations ofdiscount
and deposits of such corporation or association
are to be carried on, dcsigilating the particular
city, lol\'n‘m' village: -
3. The amount of the capital stock of sucli.
corporutioli or association, and the nltrnber of
sbrlrcs into which the same shall be divided:
' 4. ‘Tilt: names and places of residence of
Sll'.11’ell()ltl.'.‘l'S, and lllc number of shares held by
cach oftllclri respectively:
6. The period at which such corpm“'atic'rl' or
association shall commence and terinimile :44
‘Wllich (‘Cl'llfi(‘.itl£‘. wlicn so made as albrcsaid,
shall be aclmovrledgcd, before a proper alllhori _v,
and rm.-col'd~'.=d.'_in the town clc-rk’;~i ollicc,ili the
town where such corporation or assoclatioli shall
be established, and a copy thereof filed in the
office of the Sv‘:(_‘!‘(:lfll‘_V of State; and said certifi-
cate or any copy tliereot‘, certified by either the
Sccretur_v of State, or by the clerk of any town
wllei-e such corporation or associatioil shall be
located, may be used ill e_vidence in all.éoh‘i'l§
and places, for and against any such corporation
or association.
, Si-:c. 3. Any number ofpcrsons who may 35-,
sociate themselves tcgetllert“oi'- the purpose 0.
banking ullder this Act, shall ‘constitute and
makea corporation, under the name and title
assumed by them in their articles of association,
and are hereby made :1 corporation under finch
name and title, with power to‘ side and be sited,"
plead and be impleadcd, answer and be a'n'si-.vcr-
ed unto, appear and prosecute to final judgment,
in any court or cl;-'e'.i‘rlicl'c ;' to have :1 comiriori
seal and to alter the same at pleasure; _tb‘ _elect
in such manner as the colporation shall defol-
mine all n.:-cc-ss:ir_v_ofiicer:‘s;‘ to‘ as their c‘o:'n‘pen- .
safion and define tlleli‘ duties, to ordain a'n;l es-
lablisll by-laws for the govcrnlllent of its afl'airs,
and to alter and repcal,th_c same"; and to employ
all such agents as it..sball_ tllink proper": And
the, (_f0PpOt'ull0tl shall llavc‘ power under tlleir
articles” of association; to‘ provlcle for an Increase
of i_ls capital, and of the iltflnllcr of their asso-
ciates from‘ time to’ time as they lI1‘£I‘y tllialé
Pl‘0l7‘"'- . , . . . . _. ,.
Si-zc. . Such association of persons or corpo-
ration liavini: transleifi-ell lo the 'l‘l-ca9i'lrcr secu-
ritics glrfcordillg tn the pr<‘>visions of this Act,‘
shall have power to‘ carry on the business, of
b'an'kin‘g,- by discounting bills, notes _and other
evidence of debt, by receiving deposits‘; by buy-_
ing and selling gold and silver‘ bullion,‘ foreign
coins and bills of excllangc, in the manner spec-
ified in their articles of association. for the pur-
poses'al'1-'t‘l‘1'oriz‘ed by this‘ Actj by .'o’unin‘g mbllcy
on real an‘d personal security; and b‘y.e:‘:e:'ci‘—'
sing such incidental powers as shall be n'ec'e‘s3‘a'-_
ry to carry on s'ncll,bu.s‘in_es.s; to choose one of
their numb'e'r prv.-s‘iden't of su‘c-h‘ _'c'orpoi-ation; and
to appoint a‘ cashier, officers‘ and‘ agents at pleas‘-
i_lr‘c; and remove the same and appoint O'l.h'8l':<l In’
their places. _ _ A _ _ _
"SEC. 5’. Whe'n‘evel" any corporation ,- oi‘ associ-
ation of p'el'so'ns fo‘l'rn‘ed fol‘ the pu'i"pos'e,of bank-
ing under the provis'ions‘ of this Act. 5‘l1nl_'l legal-
transfer to’ the T‘l°c‘:is‘u‘l"er of this‘ State ally
sufficient p‘o‘rlion'.‘b'_v the provisions of this Act,
ofthc public debt n‘o\v ,cl"eatcd or li‘é.re‘:i'frel' to be
c'rcat_ed. by the United‘ Statésgby e_i'thel‘ bone. of
the New Enj_:la'n'_d States,‘ by tile States‘ of Nev}
York a‘nd"Ob’i'o. P'e'ilns‘_vlvall‘i:1‘,'Vi‘rgi‘llfa‘ and Ken‘-‘
tn‘c‘k,v,‘ or of the cities‘ of New York and ‘BOSIOH.
or of any ilico‘l‘po‘rat'e'd city in the ate of Con-
n‘ecticu't. sucll‘ corpoi'afi‘on‘, or association‘ of per-
sons,' shall be e'ntitled'to l‘cc‘ei'l}'e fi‘o'rn' the 'l‘reas‘-
u‘rer an equal al'n'ou'nt‘ o‘f_slr'ch cil'cu'l:iting' notes
as‘a’re mtmiion-‘ell’ in the li'l's"t .-€e.cti‘oll of this Act.‘
of different’ d‘ejri‘on‘r'in'at‘i'oll_s,' if-g‘i's’tel*ed‘ and c,cn'n_-
tersiulled: as af'ol'esa'i(l. But such secn'ritiL-s‘sh‘all
in all cases be, or" be‘ nrarle‘ lobe, e'q1r'al to‘ a.
stock‘ producing sink . per cent.'.pcr' annum‘, and
it shall not be lawful for the ’l‘reasu’rer to t:i'l<e
_ar‘l’y stock’ at a‘rate above its’ par value.‘ X ‘
Sac‘. 6‘. Such c‘o'rpol_"ati'on or association‘ of
p'é.l'son‘_s, are h'ei'eb_v an’tllori_z'*:d‘.‘ after h.l\'ipg ex-
ecuted arid §ignfccl‘,s'.¥cl1‘ ci‘i‘cl1~la_t‘ing n'ote:=‘lll‘ the
r:'lann‘ei° reqiiiii-‘ed by law to‘ make‘ 1 hem‘ ub‘Pi;za‘to:'_v
pi‘omis"sr':l'y note-1,‘ pa_liabl‘é on: demand; at the
place of l'i‘u‘s‘iness ivithin‘ this St‘a1‘e, of such‘ cor-
poration or a~3s‘o‘ci‘ati'o‘n', to l‘oil"n‘ and cir’cul-‘ate the
same as‘ money"; acc'oi‘d'ing‘_to‘ th‘e‘o1'din‘ary c‘ou'rse
of banking‘. _hus‘ines‘s, as -regulated by the laws
and usages ofthis‘ Stale; ‘
,4 Sec: 7; In case‘ the m‘*.ilk'e'rs of :ln'y.s'u‘ch‘ ciri:u"- A
l*a,1:'ing,notcs‘, cm‘1nter'signed'and_ registel‘ed_ as
a-fo_r‘es'zid, shall at any tiine h‘er‘e'1fter, on‘ l‘uvvf'ul
d'enlan.d',- duriiu: ’tne'.. usual" hours‘ of business}
between the hours of ten’ o’.clock'~ A. M. and
~l'llree o'clock P. M. at'th'e_"pl:_icc where such‘ note
is payabl'c,<t:nl or refiise to red'eem'sut:lr» note in
the 1’awfu'l money of the,Uni'ted States, the hold-
.er‘ of s”:lid"no'le m'aking‘su'ch d’ein‘a‘n'd may cause”
ithe slime. to‘ bl: protested jnrlnon;-pay'men_l.'b.Y _8
‘nbtary public under his‘ seal. of‘ ollice, m_ the
usu‘:ll.i'ni2n'nel‘, and the Tl-easurer cirreceiving‘
and fiii-rig in‘ his office ‘such; protest; shall-‘ lO't‘ll]j-‘
;witli~ give n‘ot'i'ce1i'n.wi-i‘ting~ to‘ t lle'mal<ers of-’sucll
note_ib.pay.tlie;saiae,with costof protest; and
‘lt'.tlley,sllall"omit to'd_o so fol"‘teii‘d:'iys‘alter such
Inetice is“ sent‘ tott-l‘ie1n,%the"l‘reas'urers iiball_'..itn-:
. Imediilellf-.lh°.{F.“P°P (Wash? til}?-“‘:l?..° estiséuo.
I
.
flint there isa-good and. lega1,defen_se against
the‘ i’>=‘a'm7='n‘t 6 ‘sum Ln'jute or‘ nets’-'=n)‘f.g‘i.Vé'. r'xs>'t'ié<=}
in a‘ paper p‘rinted_ ii‘t='tii‘e dc_tfntv' Where 'st‘t_cli'.c't5l"i-"
pdration-hast as dflit-‘e of*;‘di§coi‘i‘-nt- and -deposit;
and in slicb dth’el' i_flt.-.l‘1iiei"-;as h_e,deein's advisable,-
tliat alltlle’ c'_ircu‘lating .no_tes,issued by such core’
p‘or‘atixn' or,assdcialion;‘vi'ill_7b’e redeemed out of:
tltetrust ,fil'nds‘in his _hands for that p1'ii‘pos_e‘,'.
and the 'l're'a‘st_lref jslifill-be" required to apply‘ the -
Said trust funds belonging to the 1‘nake‘rs_of»sucli7.
protested notes, to the[payl“n‘ent_-‘pro rata pf, all .
such i.flir6ulati‘hg'notcs.‘whetherprotested or‘ not,-i
put in cit-‘cttlaiticn b‘y',th'e' makers of such protest: ‘
ed ‘notes, pl1‘i~sl:l2til‘f to the 'p1"o‘visiolls of this Act,-;
and.t'o,.idopt s'u'cll‘ _n'leas'u'r‘es ‘for the payu_len‘t.- of
such notes, as _'.vi1l in his o‘p‘iniou ino‘st_e£I‘ec‘t_u'al-
t_\'-' pi"eveiit loss totlle liolders thereof.‘ . V
‘ Sec‘ 8.‘ The Tr‘c:1su‘i'er may give to‘ ‘any asso-
ciation of p‘erson’§‘so ti‘-ansferring stocks, in "pur-
sue-.'nc‘e of’ the provisions of this Act; powers of
§Iil0l‘llC_i' toreccivc intei'ést or ‘dividens thereon,
which such associations may receive’ and apply
to their own use; but such‘ p'o'we:’s of attorney
may be revoked, u‘pon‘~such assoc'iat_ion failing’ to‘
ever, in the ophllon_ of the Treasurcr, the pifini
cipal of such stock or bonds shall become‘ an in-
slifiicicnt security; and the said 'l‘l"easu'rel°; up-_
cit the abplication of ‘the’ ovl'n‘er‘ or‘ owners of
such transferl-ed stuck and bonds in trust, n'i'ay,~
in his discretion, change or'tr‘an‘sf'er,tlle same
for other stock and bonds of the kind before
specified in tl1‘is"Act, or may re-transfer the said
stocks and bonds, or any part tllcreof; Ltpcn -te_-
cciving and cancclliny; an equal anlodnt of such
circulating notes delivered ‘by him to such cor-
poration, in sucll manner that the ’cil'c‘u‘lali_n‘g
notes‘ shall alxvays be secured in full, as in this
Act provided. ' , , , _ . _ ,_ A
' Sac. 9.~Wltc'ne‘rer in tlic dpiniort ofttie Tread-
urcr andtlle School Fund Commissioner.,- the se-
durilies deposited for the redemption of circula-
ting notesi"l:‘econiing insuflicicnt lot that purpose,-
they mayordcr such corporation or association
to either furnish sucli additional-security as the
said 'l‘rc:isul-er and School Fund Commissioner,
may ac‘q‘.i'ir’e,- or to retutn to the Tleasurcr su‘c‘ll‘
propoldion of their cilculating notes re_ceived by
St.l".ll association o_t said ’l‘t~_easi‘tr'c1",a§tll‘e ’l‘i'-ea‘;-'
ulter and School Fund Coinlnlssioner shall deem‘
advisable, in order. toprotectthe bill lioldcl" from’
lass. And in such case, where, in the opinion of
the Tl-eas'ui'el' and School Fund Comrziissidner;
the secul'ities”dc‘pc3itccl for the l"edcinptio‘n of éir-’
culaling notes become insuflicient for that pur-
pose, the Treasurer may revoke thopowct‘ of at-
torney mentioned in this Act, and receive the‘ div-‘
idcnd on all sto':ks,_as well as the inlel"c'st on bonds
and shall deposit the same in some safe institu-
whom the some may belong. The deposit to‘ be
made on such terms and at such rules of inter:-st.
as the ’1‘l~ea’su‘l-‘er’ may deem ‘most conducive to‘
the‘ advantage of such corpol'atiorl,‘and be willi-
drziwn and paid over, wllc-'n‘ev_ei" in’ the opinion‘
of the Treasiii-er and School Fund Cornmission-‘
cl‘, the 5t_£‘Cut'llleS' of Sucll corpcratiolt shall be
sufficient to vi'arran_t it. .‘
SEC. 10. Incasc any cor ‘oration orgiiriiicd firi-
dcr this Act shall fall to coiilply with the order of
the Tl'easui-Er and ‘School Fund Commissioner;
requiring them to fiil'u‘is‘h additional s'ecurities,
or retllrn their circulating; notes for the period of
tivellty days from the time sdcli ol"'de'1" was given
then it sllull be the duty of the‘ '1‘teasur‘e‘l' lo ap-
ply to a jiiclgc of the superior court for an Ol‘(l0l'
frnin said judge, declaring su'-:ll corporation‘ or
association i.'l:<olrcnt. And il‘tliesaid judge shall
find that thcsaid COt‘p0l'0.llO't) or ass‘o'.riatlo'rl has not
complied Willi the area‘ of this 'l'i‘e‘a5l:l‘rcl‘ and the
.‘5chool Fund C‘o‘lnnlissib'nel'. he shall tlicrcupon
declare sdcll co‘rpora‘tl'oli iilsolvellt, and shall ap-
point Ct i-eccivcr, wllb s_ll:i1lp'rdceedin‘ the matter
as provided in this Act. .
Sec. 11. In case such corporation or '.l'sis‘o‘cia'.-
tion of pei'sor.s shall fail or 't'efi1s'efo pay such
bills or notes on dem“-.m‘d, in the iiiannci‘ specified
in this Act, the 'I‘reasurcr. aftbrtlle ten days‘ no-
tice lleréin ‘inc-ntioned‘, may proceed,‘ to sell at
public auction the stock or bonds sop1cdged,'a’nd
o‘u‘t’ot,lli'e pto'c’_eeds of such sale‘, shall pay and
cancel lite §‘aid,bill ,ox"Il‘ole':'=,‘ défatilt in‘ paying
which shall have ll cn tfiadc as a'l'ol‘-i;‘said; but
nothing ill this Act co‘l"l'_ta‘iiiei.i, shall be‘ consid-
ered as implying any pledge b‘iij_lh‘c part of the
State fol‘ tile pay‘°m‘e'n't of s‘a'id bills‘ or notes,‘ pe-
yoad the pl‘O[)¢l' applicatiolj of the securities‘
pledged to the 'I‘l°eas‘ill'er fol tlieil‘ r"edem'pt_ion‘.,'
,s's.c'. 12. Tlieseclii-itics to be,depb'sitcd ivitb‘
the‘ Treasurer,‘ by any such as5'ocia_ti‘c‘n§ or C0l'p_0‘-
ration‘, shall be held by him jeitclilsix-cly for the
rcderriptioll of tile bills or notes of such _col'-p'oi‘-a-
tidn, pdt in‘ circul.ilib‘n as money. until the same
are aid.‘ _. ‘ _ , ,
Sec. 13 The plates, dies‘, and. materials to‘ be
p'l"o‘cured by the 'f'reas_ui'ci', for the‘ printing and
inalcing of the circu‘la‘ling notes‘ prb'vidc_d for
hereby; shall remain‘ in his custody and under
his diijectiiin, and the expenses t't'eCéS§.at"ll)’ in-
Cltl‘l‘étl in‘ ezfccuting the pi'o'l'is'iorr_.‘=‘ rlftllis Act-,‘
shall l:l‘c_:1uditcd and seltlcd by the 'l‘i"cas‘ul"el5;
and paid out of tlll'_\' inoliies in the 'l‘rea.§u'r'y; no-
o‘thci'wise~appropriated and for the pulipnsic of
l"eim‘bu‘l's‘in‘g' the salllc; tllésaiil 'Fi'éaslil'el' is here-‘.
by autllqriied and required to charge. against and
l“'c‘c'eiv,e' fi"o‘rrl' Sl.l‘Clt cbrpvoratio'll‘ applying for such
cil-culling notes; su‘c‘h’ fate peii cent. tlie-r'c'o‘il,' as
may in his opinioil be just and reas‘o‘nah‘le. _ .
Sec. 14. It shall not be lawful for the 'l‘l'e‘a§L1‘1‘ci'-
or other cfficer,’ to’countersign' bills‘ or notes for
any col'p'b‘.‘ation of p'crs'ons, to an atilb'nnt in the
aggregate ericcezling the .s‘tocks‘a'ild‘ l)o‘n‘cls ‘at the
rates p’rovi_de‘d in this‘ Act, deposited witlr the
Treasurer by such association ; and any '1‘re:is-4
urer- or other ofiiccr it-lm; _slia'll _ violate the
pro'vis'io'n's‘ of‘ tl‘l‘isi Act,'sllal'l upon co’nv_i‘ctio'ri_ be
adjudged guilty or a‘ misdem"earloi",‘ and slfall be’
pu'ilis‘lled by a flne not less‘ tllap‘ five lhou's'a'nd
dollars‘, o'r be impris‘on'ed not lcsstllen five years’
or by such fine and i'm'prison'rnent both,‘ at.tlie
dis'ri"etion of the" court llavingju'ri‘s‘d‘i‘ctlon' of the
offence. _ ,, , , , . - ,
St-'.C‘. I5‘._ 'I'lle"sha’r'e§ of said :ls‘:ioci:i'_tiori‘ s‘hal_l
be deemed pc'rso‘lial property, and slia1lbe‘ti*an§-
tel'a'bl‘e on the bobks‘ of the as'soc'ia'lion, in‘ such’
manner as‘ may be agreed_- on" in _th'e s'rticl‘cs‘ of
a’.-:s‘o’ciati'on‘; and csiery pcl‘s'on' b‘econ"l‘in'ga' sllailel
ho ldei‘ by's'il‘cli tl‘ans‘l‘e‘rs‘. s‘hal‘l‘,‘ in‘ pi‘-op‘o’rtio',n_ to"
his s'hares',' s‘u’c‘c'ced to‘ all the rights‘ and liabili,-_
tics‘ of p‘l"i"o‘rs‘ll'zil‘clioldcl‘s ; and no clr‘an’ge' shall
be "made in‘ the a'i't-i'cles‘of ass'n‘ciaI'roll by }$'l1l_Cl’t
t.lac'ri'g'lits,' remedies,‘ or s‘ecu’i‘it_v of its existing
c“i-editors shaft breivcakexlcd or in'.p‘ail"ed'. _ Slrchf
. as‘s'uci:ltior’n or col‘poi‘atioh‘ shall not b'e' di's‘s‘ol'ved'
, bfiv the death or ilnsauity of‘ any of the shal‘eh’ol'-'
ders therein. -_ , _ ‘ _ _ ‘
Sec.‘ 16'. Conf a'c'ts made by any stfch corpo-‘V
ration‘, and all notes and bills by t'h‘e'm issued and
put in, ci'l'cu'la'tion as fIlO‘l"l(3_V','Slltlll' be signed" b'y__
the President or Vice Pl‘es'id'ent' and‘ Ca‘sllii.-if
tlrcreof ; arl'd no’v.‘l‘fi‘t, a‘c‘t'io'n' or p'1lo‘c'_e'e‘L_l_"r'ng‘ sh'al‘l'
abate by -1‘éa“so’ll‘ of the d'e'a1't‘lr, i'es‘ig'n‘at'ioh or re-
‘muval'1r‘om oflice of the office‘i's“9f sa‘l(l coi'p':ora-‘
tion,' but may be continlledf and p‘rosecli'ted' ac-
cording to the’ rules of law in s'u’cb- cases provi-
‘(l‘ed‘. " _‘ ' _ "' j ‘,
Si-:5. 1‘-,5. Tim‘ s'l’ia‘rél'i‘old'e’l"s‘ of ‘associations
fo‘rm'ed under 1liis' Act, shall be‘ iildiviilually re-t
,spo'nsibl'e equally and l't'tlt”.ril)ly‘ wllenéver d'ela’ult
shall bemade‘ in" the ptlynient‘ of-any d'eb_§ 0l’__ll-
‘ability cotlti'a‘i‘t;e‘d for banking‘ pul‘i>os’eSi' |55|1|_"£',
bank ilctes or any kind of paper credits to cir-
-cnlate as ulo’ne'y,~ t.'o’the amount of such debtlot
liability, with ll|l.O'l'(tS_t."t0 the extent of their
i‘e‘speétive_islla'i'e's of stock, I_n' any Sucll °°"l’°la'
rib“ 0,. ug§0‘cinfiol]‘a‘nd‘i0'll0 fnl‘th‘er extent.‘ a
sllall'_bi3_.\Yllhdl'?T“’“ ‘md. "°l’"“d°_d l°.
t,l)e*st.ock. ll'olde'i's'., before tli‘e'_payjmeut -Of all
,(lebts; oi? the corporation for 1 vvhicll" 5_l1§i‘ "Stock
_ would’ li'av_‘e'l3'eeil liable‘,-tlie st0ckll0ld6|'S.0l such
Ccofp_oi-a_ti'o'n shallfbe individu'al‘ly_ lI"¢.ll)l8"t_0‘ any
.such creditor: of such ‘coi'pbl'a'tion In‘ aligacnob
.2 ' ...a
‘foiltilled‘cntbi§‘Saltate.tlo?ther_mnount=ofthe éilmj
redeem the Clrctlluling r:ole's so‘ issued, or lvllen-' '
lion, in his name, in trust for the co_l‘p-:i.*'atib'n‘ to -
178;. I3t'tli‘ecapitj-.ll stct*;k‘ofany‘s‘uch°c’0r- .
‘ l'er,~ils'séc‘ui'ity for the circulating ii6l:e"s liSl'l__Q§_ ,,-
' i loans and. disco1i'n‘t‘s’,
3 , iru clistocks,‘ a nd‘\v_l:ieth‘ei{ -,sai‘d‘7intel‘.estr lies ,l_i_g§.
‘ . 'pi1‘id‘ to 5B‘ll:l§l)5b,l:!flliltlg‘ ii_ie‘sociatio.n,1.or. ...passg
F
a
I
rel‘i'in‘ded’totlieiii5i?es'pectively’ .?.g.=.‘f’,',-,1.-'.“,,;‘.‘;;.“.j.‘
And it stall! norbs laivftilffbr gxay,§u¢h,¢.’,fi,‘5.‘az
flair to‘ make any" dividends’ ’,tir" 'p_i'otlt_sj ,9,
~c’apioit ‘stock "bf ‘the corpiii-aiigin
until the‘ -deficit ,cif’ca-pita! stiutt,have~beenfiiiailgf
good eitlier by the sub‘sci'iptio'n‘uf’tlie,sliiifelihld*
Hts. oi--out of the‘- subsequently ‘aiédrtiing
of-‘_ll1e‘nssoc'iatio‘ii. And if it fsllfllllflfiflfitdlléllllfit
any such dividends lluve been ir_i‘ii'il'e‘;_ _it"§,_ljtilll_" U
the 'duty‘of'-'ai1y'judge‘ of the sup‘e'rioi"co“t1'l‘t.-j‘ti 3
on the fact being proved to-him‘. to‘ dei:‘li_ti‘5f‘j't_l'l'3
corporation‘ 'insolve'nt;’-‘a iid ‘appoint '71!‘ réifeiidii-"'
who shall proceed ‘as her‘ei‘n‘uftei'_ptovidé’d£‘ *"““
.. Sec. 19. Any creditor ot_“fa'z‘iy f¢jo’rpjai~ati'9’i_i',
formed in nile'l'_ this Act,-' bavinga dcmanil_e;ceed.:_
liig'_in uinoimt, the sum‘ of_on'_e‘ liuiiditeddallnrjz
in-ls_ing upon any debt orliab-lity of such cargo’,-f.
ration the _u‘ayln_t_5nb dl'_w_l1icl1 shall. l1afe.be_é"n"
re_fnsed by such col-poi-atidn, may at a_ny‘}tiiiig.
alterten days from the time of such. i“efn‘sal,.
apply to ajudge ‘of the e‘up’e:ioi' court rUt‘_llU
def. d_eclai{lng such co'i"poratioii insgl,veil‘t,- add fdlf,
an i'njl.inctlon‘ us li'eji‘e‘i_u‘after‘ p‘ro'i'iided.. "ll, iii,
the opinion of such judge, upon the Vfalcts‘ ‘pro-fl."
seated, it be expedient, in oi‘de'i_'.to pl'event'fi'ilud=
or injustice he may grant an order for '1 telttpoii
rary liljuilction, restl'ililiing such corpordtiiili and.)
its officers lrom paying our, arm any way ti-a‘ug.__
tel‘-ring oi-uelivel-iilg to any p61's0‘h‘ any i‘i1o’ney"f
’ ’ ' ‘J
s'h’al'es of the’
e
. cr‘_assets of such corporation or incul'ri'i'lg any‘.
debt or obligation, until such order be execute
or modified. ‘And sucll judge is author-iced} ;ii‘_x_,
his discretion‘, to grant the same proceedings in’
this case as in the next section ‘cftllis act.
_ Size. 20. If at at any time an eiécuiiofl
against the property of any corpo'rnti.oii Olfgltnif ‘
cad u'nde'r this Act. shall be retui'ned.niisatisliedj
in whole‘ or part, or upon proof sutisfiictorg tu-
anyjudge oflhe‘ su'pei-ior com-t,. tlmtany such.
execution, although not retnrned,- cannot be Int-5
isfied out of any property of the (l€:fe\l)dfl.Di,' he
shall at once make an order’ declaring llie insolv-.
ency of such corporation and appoiut,a..l'ecaiven.
_ SEC. 21. Every receiver appointeduccoi-dill .-
to‘ this Act, after giving security to the c'ourt 0%,
probate. within whose district lll16‘_cOl[)Ul'tl_t,_lOi]"9
place of business islocated, that; lie is to admin-‘-,
ister upon, sllall take into his possession all tlld.
property,- effects, books papers, , accounts. and
tlerilands of such c‘orporation, inéludiiig ;tll_e so-‘-,_
curities, if any; which may have been de_|tO3lf¢d_
with the 'l‘reasui'e'r belonging to‘ sucll corpora-'
tion or a'sst:lciatio'n'; Ailtl he shall i§ilinedia_tely‘,,.
proceed to settle the afi“airs of such corpbl'atib;1'y=-.
in accordance with the laws ofthis State fcrtllfi,“
settlement ofinsolvent estates, mid such orders,
as the court of probate may make relative there-'
to fl-din time‘ to time. '
Sec. 22. If. al'tel'p‘_n‘yin'g il‘nd‘disi:lla'i"g'ing tlii ‘V
debts and liabilities ofsucll co‘rpol'at.ion as heretf.
injprovided, and defraying all the_expeus’es‘ ofthd
[it'()C8l3f.llllgS,' there‘ sliall i"ei'l'1iiin or come jiltd
the hands of the lccé.-iver any other assets lit ef-if
fects ofsuch co"rpoi-ation, the same shall be C0!-I-'
verted iilto cash in the way tllo receiver doom‘!
for the best iiiterest (:ftllt5<Sl1_ll't‘ell0l(.lel‘5 on-act:
coipai'ziltio‘tI,- and Shall be paid lb‘ the sl1al“bh'old-T
ers upon whom any such debts or liab'lliIEie's word,
apportlioned, injust and equal pl'opo‘i'ticfa'f0 tbdy.
sum‘ cdmriuuted and paid by them.
sEc._2‘3‘. It unit as law‘l'dl r.srsact.= é6fp6ra- A
tion‘ to purcllase, hold and convey; l'e‘al' eitatd
for the following purpo'::es: V
1 Such as shall lie‘ necessari-5+
rite‘ accoiniiiodxltioil in the convenient t‘i“unsa'c-"
tion of its business; or,
5? Such iis shall
or iiioneys due to such corpo’l'iltion; or,
3 Such as sliatl lie-‘conveyed to it in satisfac-
tion of debts p‘revidu's‘ly.cdntrirctecl in the courai ‘
of its dealillgs; t‘Jr,_ , A _ fl \
4 Such it s‘lin‘-ll_iz'cq'uii-e by (tactics: at {am-
ClUSllt‘é, or be rot or? on execution to such can
pomtion;
‘fits mid" cal-sciatica snail i'i‘o‘t puietlsas. field
or convey real estate in ally other ' case or for’
any other p'ui-pose’; and all conveyances of sucli _
real estate‘ shall be made to the p're'si4le‘nt or
such‘ other o'fficei‘jils shall be"ib‘dicated for ,tlu'i't ‘
§:'ui"p(‘:i'se in the ttrticlés of iissociiitidn ,‘ and the!
piesitlent or o'tll'er officer’; llnd his successoli
t'i-om" time‘ to‘ time itiay sett, assig-n‘ and cdnvey
the s'.'l‘lne, ‘free from all t:‘ltlil'r‘i thereon, against
u"n'y o'l'the' §ll'a,rellold bis; or any p"ei's‘o‘n" tilaim-’ '
ing,u‘nder tliém‘. ‘ _
S1-11.94. Every <':‘c’2i‘-{l'r_>‘l‘:‘iti<')‘l'i a+gziti'zs.l order
tllisrtct shall, on‘ the 15th day of Maicil, oi’
wiflliil ten’ days thel'eafter,- in every yeai"iiftét'_"
having colninenced tll'ei‘i' bu‘sin‘es‘s as pr‘e§él‘ib'ed
in this Act, and as tnucll‘ (')'l'lV6ll8l".fi"t'l‘fl tit a't‘.tcl'I_
limos as the‘ 'l‘rea:'urer may in hi's‘,,discri‘-tio‘h' *
dii-e"ci,- make out and tm_‘nsml'i futile Tl-ea‘soré‘b
- in t.h"l3 l'ol"r'il‘ th’_ be pi"ol_7irlé‘c'l" him‘, a‘ full ‘§l‘tt'ib- ‘
i'll‘ent ofthe zlf’fai'I'§'of ll‘l’é cbi'pora‘tibn vél'ifieg'l by
the o‘at‘li's ofilie president and cashier , whit:
stziteifletlt shall contain; ‘ _ A
I. Thea‘lll‘olXllt of i:tl‘pilal stool: paid in a(':éo't"d.-’
tag to the p‘rovision‘s=O'f this Act, or secured id
be _p'ili('li , _ _ , _
2. fl‘h‘e‘ v'a'li'le' of the‘ i"e‘a‘l estate bl’ th6 am’-*
po'l"at'i‘olY,' specifying what po'rtio'n‘_i§ occ‘cp‘i‘é.i‘i5‘,"-‘
the cox"p‘o'ra‘tioil'a‘s :r‘ece‘ss‘al'y to‘ the ti'all§aéLiod
of its business: ‘
3. The sllui-esot seal’: ml‘ the amount at
libnds ueld by such t‘;oi'p‘o‘i'atioil, wllcfll'e‘r ab‘s‘o'."
lute or as c€)‘llatet‘tll se'cu‘rit'.ics, s'pe‘cif'yin‘g' éacli ‘
liln'(l and de‘§ci'i‘pti'on of stock and‘ b‘on‘d‘s‘,‘ and file’
n'ui‘n‘b‘er and value ofeacll :
sf.‘ The a'm‘o'unt of debts d'u'é‘_to' f_lié' é'ol"p'r'i'd‘ _
.l':ai'i'on'; sp‘éc‘lfyi'n‘g such" as are due‘ fibril’ i'n'o’rl‘§ .
eyed or other coi'poifatio‘ns or a’s's'l‘:‘(':'illtion's_, il'n'i_f
P. .
for its‘ "
_ as iildi-fgn‘ge'cf tffit in good
faith‘, by vary of security for loans lllade to tlleiii ?
the n'arn'e‘s‘ of s‘u'cll' col'pb‘l‘altioi’2‘s! o'r a.'sIso1:ia'tion‘si'; _
and the a’rn'ou'nt due from’ on ch‘; and also‘ s‘p’éi‘:i~‘
tying the a‘lil‘oun't‘ is'éi';ured by bond and ii‘i'ol‘1{-‘ 3
gage or j‘udgir'i'en1.’;~ arid‘ the‘ a‘m'ol’int \'vl‘licl1'-
_ ou‘gl'l't to’ be i‘ncl‘u'dé'd in the céinputatioil‘ or loii’-' ':
scs‘; and the total‘ amount of suc’_t‘i- debts‘ tbeiii
collectable .4 -
.. 5. Tb'e' iris-as-at of détifs‘ ow-lag’ m'fia'é¢r:
I p'oi'a’ti‘o‘n, specifying such as are payable on do-_‘
'm‘a'nd'; and'.~‘u‘cll as’ are due" to’ inuheyed or-*otli-',,
er corp‘ol*atio'ils' or ass‘ocia‘t.iotls‘. the nal‘i'_i‘es‘of ‘
sucli colp'ui‘atioils or n_sso'ci‘.i‘tio‘ns‘. unlit’ the? .'
a‘ino‘ullt due‘ to em: h‘;
6’. ‘ 'l‘ll'eii‘in'":\li'ilt of élai'ins‘n'g"a'insti the‘ cor.-’
pbrat:'i‘o‘n not acl_-:‘iio\vl‘ed"ge.‘] by it as‘ eb'ts.',_, _:_
7. The amount fol‘ Wllléh‘ t.l‘l'é'~(’:()'t‘[l0l'tt lti6ii'l§‘
bound: as sn‘rety?, or for wliicli’ it may be¢ohi_e' “
li'a'bl'e o‘n tfl'1‘e'-tl’iapp_‘eniilg of conti'ng‘eot events:
8‘: 'Plr'efamount of notes or liills"_thfei__i’ifri
ci rcul‘ation‘,: ofsaid‘ coi‘pol‘a1 ‘ton’, of loaflg 095’ die?
connts‘ a'n(l- of specie o‘n_ ha nd : _
9". ' The ainount, all the first
pre‘cé'diilg. of note’-s"a‘nd bills in cii‘cul‘aiibii,*oIf
and‘ of s‘l’>"e‘cif6' till‘ 5i.D!l..9!
such ébt‘|'t0’t'ttl§'lO‘d'.’ ‘ ' ' ' ’ * ' -'
1=o'.- , 'rli-5“ _aii’lo‘u‘nt ‘of ~s£at'é‘ and" ‘c‘ii'y'?.toi:iiii._ V
together i1’ith“a_' dles’ci‘ipt‘io‘u-of»’siit’;lr eto’cll's' ‘db-31
posited’ by each‘ col-poi-ation wit h the‘. 1 _'Dreas_u-Z»:
the‘ iijiii'l'l‘ie_t v.llu*e~of*' said’ stocks; as n‘etl."t“il§' tho‘
sa‘m’e'ca"n"'b"e' ascertaine‘d’,% and the’ date to vivhlfelj
.‘ tliepayfineiltf of"inte:‘est has been‘ gnlaile ‘x'1‘.p9'pI_~.
‘lit’-31*-*.=t‘°’l*t*°*!1't*'tt’?*-llstttlté of-the‘: .
of fuly '‘ iieitl, V‘
.. A ‘
.’;J*
«.73. .
....- ,..‘-'..a)
-4
n. ,__
5 I
L . A ,
Norwalk Chronicler