Newspaper Page Text
(Fy Authority)
AN ACT
T'o incorporate the bunk of the fate
\li the bouse cf
Bepratv'alivtS. Head ist.
time oth Nov. ißoj. id. linn
ic th Nov, ‘pd time 2 id.
- Nov. Andpassed.
I T. WOLT, (Ik.
IN SEW j§T.._rßea<l:f*. t'rr a;dNv.
1804. .4. tone Nov. ?^4.]
jtL onc'udeil.
R Is 18. Tne acc mo of th”
cor or N& ’ Xliali be balanced
half, year, cf so muchjbf the pto
fitiai ii.ail appear roibe direc
tors advtfable ; and it the* ex; i
ra ion of every fourrh year, from
the second Monday of Jaftucry
next the cire&ors shall lay be
fore the (lock-holders at a jgrne
rtral meeting, for their in'orrrn
iion, the arncunc of lurpuf pro
fir if any aftrr
and dividends.
Sec. 5. Andie it further empe i
by the authority aJorefaiJ.''m}\u.i
tie fa id C’ rporati n shall nQj| b*
jjetvnir cl to purchase or iU>ld
any pub ic debt w tatever, exM,
what may be fuhfcnbcd by tin
(late as p:r: of the capital ancr
except hath as may b- b>na
fi ie j to the laid corpora
tion on ironies loaned bv it ; nor
flu!! rh” fti l cor orat 00 directly
or lndireiftlv deal or tra ie in anv
thing ex epr, bills of exchange,
gold or silver bullion, or in tiic
fide of poods public (lock, really
and tiulv pledged for money
lent, and not redeemed in due
time, or of goods which Audi
be the produce ot its lands ; n i
th<T flvll the said corporation
take rr.ore th- ti at the rate of fix
per centum for cr upon its lop s
cr difcour.ts.
S'<r. 6. And be it further evaded
by the autb ri'y aforefaid , That the
bidis obligatory,&of credit under
the fbal of the (aid corporation,
■which (h ill be made to any per
lbn or persons, (hall bs alfignaolc
by indorfement thereupon, under
the hand or hands of such pcrlon
or persons, and of his, her or
their afiignee or assignees. snd Ih
as abfoiutely to transfer and veil
the property thereof in each and
every affigner* or assignees fuc
ccffively, and to enable such
sfTigncc or afugnres to bring &c
maintain an action thereupon in
his, her or their name or names.
And bills or notes which u iy
pe issued by order of th- sud
corporation, signed by the pre
fidnt and countersigned by
the principle ealhier or treafur-r
thereof, prnrrifing payment
of rone y to any perion or per
{• “, his, her or the r oroer, or
to bearer, though not under the
feil of the said corporation, final.
be binding and obligatory up >n
the fame, in the 1 ke manner a id
with he hke force a>d eff-fts s
u; o an>/ privjie perion w per
sons, it iff ied b\ hun, her or them
in his, her or their private o
natural opacity or ta aiitrs
and ihill In* alfiignabie and nego
tiable in like manner as if tm-v
werr so ilfued by such privat
person o- pe lons, nat is today t
th. fe which arc or fhU Me pa> a
ble to any per lon or ; e sons, h s
her or their oid r, ihatl be
* * O
by indoitemerr, in Ine
rt ann*r, ad with the like effect
as foreign or inland bills of ex
change now are, and thole which
n e or sh 1 1 be p yb e to bearer,
(hall be negoruble and alli c iiubk
“by and livery only.
See. 7. And be it fur tier enac
se. by the author iy afore/aid. That
if the laid corporation, or any
pcrlon or pei sons lor or to the
ulc of the lame, ih ill deal 01
trade, in buying or ieliing any
goods, wares, merchandize or
commodities whatsoever, contra
ry to the provisions of this 2&, all
and every peilonand persons by
whom any erdtr or direction for
so dealing or trading fhalf have
bcvn given, and all and every
perion and persons who Ihall have
r? co cerued s parties or a
gv therein, Iaoi! foilcit and
‘ofe rr Lie the value of the poods,
ar; s, mrcbjndize and rornino
'ities, in which such dealings and
*ade shall have been ; one half
thereof to th* use of the informer,
ind the other ha fto the use ol
t’ eft.re, to be recovered with
costs of fait.
Sec 8. And be it further enac
t'd by the antho tlv aforesaid, That
one thoufmd five hundred shares
hall be fubferibed by the Hate,
n the following manner, that i- (
ro fav : t ar it sh il and may be
lawful or the comptroller gene
ral of the finances of this (Tate, o
n case of the abolition of his of
fice, or of his death, resignation
or abllnccfrum the date, for the
person or persons who may be
nereafter appointed by the legis
lature for the purpose, and he or
‘.hey are hereby authorized and
required to cause a fubfeription of
ore hundred and fifiy thousand
doila -g to be n ade to the ffcock
of the (aid corporation ur bank,
as part of its capital, and that the
laid 1 urn of one hundred and fif
ty thousand dollars, so to be sub
f.ibfc ibed, be pa ; d to the laid
ba :k as follows : that the funded
debt of the Unfed btates, [J|g
property c;f this date,
to 23 985 dollars, Go mmjßß
fbe w.il into the hands
r^^.ts 4ftUd’- 1 asl
11 M oyhma ‘pipe,
and tWfemaifting ldm under anc:
by direlfifi oT the
or pe r son or persons herein be
foic mentioned, as the case may
be, in a certificate or certificates,
as may be found mod conve
nient, bearin > an interefi of fix
per cent, per annum, to conn,
tv-nee as fuon as t’ e said bank
fit ’ll b: ii operation, which fun
ded stock of ihe LJ nited States,
the property of this Hate, and
hereby directed to be piid into
the laid fiank, and certificate or
certificates, the prefi lent and di
retflors of the laid corporation,
iTial), if they think proper, fell
ar.d dilp.de o*, in part or in
whole, for the use of the said
corporation, whenever they fee
fit lo to do, snd the faith of the
date is hereby pledged, together
with their propoition of the di
vidends arising from the bank,
for the redemption of the inte
rn! and principal of the certifi
cate or certificates so to be is
‘bed ; which crrtili ate or certi
■aos the ft ate may at any time
1 k- up by paying the amount
■ ertof ii> the bank : Provided
n:ve?thsltjs, and be it further en
tiled, Tnat when the annual pror
1 ceds anting Tom the laid bank
to the (tare shall not be fu’ficient
co difeharge the interest: that
nay be yearly due from the
fta r e to the bank, that no money
thall be drawn from the treasury
of this (late for the ddefurge oi
the fame.
Sec. 9. And be it further enac
ted bv tee authority afore (aid. That
n case of the deadi, inability or
resignation, or absence from the
(titeof the comptroller-general,
the governor and commander in
chief for the ti ne being, shall be
*n.i he is iierebv au horized and
required to appoint and commis
iion l ‘ lie fi and pr p“r p to
tper or.n the duties enjoined on
o intruded co the comptroller
ien-ral u iT.r and in purfuanct
•f this ad. except as 11 the du
ties pelVribed an! provided for
in the pic eding clauf.%
Sec. 10. Aii be i ts c>:ac
by the authority afonjaid , That
die Icgillaiurc lhail, annual y, as
their directorsj appoint by the
joint ballot of both hou cs, four
persons, cit.zens of the United
States, and not directors of any
other b ink, and who ihill conti
nue in office until the next mee
ting of the legislature, and uncil
two months afterantw appoint
meat by the legifiature of direc
tors aforeUid, l"o long as the con
nedion of the (fire with the laid
corporation ihall continue to exiit.
11. And be it further en
aQcd by the author ty afotefaid ,
i hat the comptroller-general or
the finances of this time Hull be
turmihed annually wth ltaie
men s, (signed by the calhier
u.nd countcrfigncd bj the prtii-
A rd) of the a “O’T.t of the ca-l
o'tal *’ock of the 1 ud corporation,!
and ihe or the debts cu:
m rhe 1 ime, of the monies de
oofi cd therein, cf the rotes in
circulation end of the cash in
hand ; and that the sud comp
troller-general, cr person or per
'ons who may be appointed as
Irereinafrer direded, thall have a
right to inf est such general ac
count in the books of the bank,
as fhaU relate to the said state
ments. Provided, that “this shall
not be ronftrued to imply a
right o‘ infje ‘ing the account of
any priv-ue individual or indi
vi uals, or any body politic or
corporate with the bank ; And
Provided also, such communica
tions be regarded as entirely con
fidential, and that the comptrol
ler-general for the time
or the person or persons #ho
nay be appointed as herujarter
directed, in the cases ofUppea h,
inability,
from the ndt a tlockhol
der
pany ifeihtfelate. And provided
in this acc
conta'ipip-'lhall be corffrued to
on the part o‘
or per
rfon authcrized to re
ceive and infpeft such statements,
from reporting to the leg ; fliture
from time to time any violation
of the fundamental rules of said
corporation, but on the contra
ry, that it (hall and it is hereby
declared to be his or their duty,
fa.thfully to report all and every
violation of said rules, or of this
a£t, on the part of the said direc
tors or ilock-holders in said cor
poration, and also the amount
of all debts due to said corpora
tion under protell.
Sec. 12. And be it further en
abled, That the bills or notes of
the said corporation, originally
made payable, or which shall have
become payable on demand, in
gold or fi.ver coin, shall be re
ceivable at the treasury of this
date, at Louisville, or the Tat of
government of tne fame, and by
all tax collectors and other pub
lic officers, in all payments for
taxes or other monies due to the
(late.
Sec. 13. And be it fu-'ther enac
ted hy the authority aforejaid ,
Fhat in case of lai.ure of the
bank, each stockholder, copart
nedhipor body politic, having
a fharc or (hares therein at the
time of such failure, or who may
have been mterciled therein at a
ny ti ne wuhin twelve months
previous to such failure or bank
ruptcy, snail be liable and held
bound for any sum not excee
ding twice the amount ot Ins,
her or their lhare or fubfeription j
and that no loan fhtll be made
by the laid corporation to or toi
the use of any toieign prince,
(late or gover.nrun., unlels pre*
vioufly author ifed by a law of
this Hate.
Sec. 14. And be it further at
ailed, That a.I monies or pro
fits which on any diAblution of
the faivl corporation may a: the
time be owned or pcffrfied by
them, (hall be hell by the direil
ors of the said corporation, to and
for the use and benefit of all per
ions holding (hares in the laid
corporation, in average and pro
porcion to she amou t or num
ber ot said lhares. Provided al
ways neverthtlefs. that at the ex-
piration of every year from and
after the commencement of the
operation of this ad, the leg.fls
ture Hull be free to declare, anu
may withdraw, by felling out the
wade of their (lock, or any por
tion thereof, then uniifpoled of,
from all further connection with
I iiJ bank, and tnay receive the
dividend as aforefaid, to which
the state may be entitled. And
provided ali that on the itace (■>
withdrawing from said bank, the
legislature (hall not be entitled to
appoint the four directors of said
oank, as herein before d.reded.
Sec. 15. And be it further en
a3:d, That at cae expira ion ot
;he fix m intiis herein limited a.
the t me of lubfdibing, the com
uji-uoneis at Augu.ta ihai.
r m r ” t r! -lr books cf fubferp
“ion to the commifiioners at Sa
vannah, or any one of them,
which commiffioftcrs appointed
a: Savannah ihall compare all j
the books of fubferiptions, and
Ihall declare and fix the number
of shares to which each fubferiber
is entitled, and require the l’ub
feribers to pay such a per cent,
on the amount cf lheir shares as
a firft inftalmenc as will amount
to or exceed the lum cf two hun
dred thousand dollars, and tne
balance of fucnTubfcription ftiali
bear intereftjjbd be paid in such
manner Hi’ and by ’ such inftalrr.ents
as the dirt|tors of the bank shall
direst aarpreferibe ; aud in de
fault ol such payment the inftal
irie^C’ or inftalmt-n sfo paid as
afc.refaid shill be forfeited for
the benefit of the bank.
Stc. 16. And te it further en
ailed, That the diretlors afore
said shall, within twelve months
after the bank Ihall be organi
zed and shall have commenced
its operation, in the city of Sa
vannah, establish a Branch Bank,
for the purpose of discount and
depofilonly, in the city of Au
gusta j the capital whereof Ihall
not be Ids than one fifth part oi
the a no int of capital ilock ata
ny time in the said (late bank
And the laid branch bank shall
be eftabiifhed upon the lame
terms, in the fame manner, aid
under the fame regulations rules
and limitations as ore herein poin
ted out for the eftabliihment of
the bank in Savannah j and
such rules and regulations as may
obtain and be pradlifed in the
said (late bank -, and the said di
rectors Ihall have power to com
mit the management of the said
branch bank to such person and
persons under such agreements
and fubj‘£l to such regulations
as they Ihall think proper, not
being contrary to law or thecon
llitution of the bank.
NOTICE
TO the citizens ot Sa
vannah, and inhabitants
of the Sea Islands, White
Bluff, Little Ogechee,
and Cherokee Hill dis-
tri&s. The subscriber
being appointed Tax
Colle&or for the coun
ty of Chatham, for lift
yea r , one thousand eight
hundred and four, is
now ready to receive the
taxes at his Office, near
Mr. P. Miller, and Mr.
Gardner's new white
house now be
tween Jefterfon and Bar
nard street, South Broad
ftrect, fronting thefouth
common. Office hours,
from 9 in the morning,
until two o’clock in the
afternoon, those that do;
not avail them (elves of
this public notice, and
come forward ani pay
their tax by the £:ft ct
[une next will have ex-1
ecutiop.3 iflued
them indiscriminately,
as the law direffs.
PETER DEVEAUX,
c. c. c.
Tax Collegers Office, a3 ib Feb. u
ary 1 So?, if ca
i o be reused.
OM Tutfday the d.h June next.
at fir i, ‘Urt-H .i’ ’'. between the!
in 1 3 of II and li o’clock, v. Ibe iea- j
ied tn li.e r.i?U.’: b'.d.'er, tor the iern j
A (even yers. Li Nj. 3, rs-j ■ *iv’ j
rythina, Percivsl Wi and, c-elonitiny |
;o the Li ;;aa Society, the rent o • .
aiid quirteby. Far.c.-r conuitiur j
.vill os ir. Je k .own a* !’e mr.tf, O’ |
JOH J tPdiVGa.i? f
iKRf.-.iiA iCUYL T
raTr, tv i. . v f;f ft.
**l i\ q . a fc.j.nuiu.i,
3y the Mayor of the
of Savanr-an.
A Proclamation.
WHEREAS aifempiP have t\-
peare-Jly tfeen made withio
a few weeks past, by fome ill disposed
person or persons, o set fire to rhv c ry
and Whereas particularly, on rue e ven
ings of the twentieth and twenty lirft
inst. a bildieg in Warren V a : d was
wickedly and wilfully fee on fire, to
the g'eat terror and alarm of the citi
zens ; in order therefore, that the In
cendiaries may be brought to juilice,
l bo hereby, in behalf of the corpo— i
on,offira tew rd of ONE HUN
DRED DOLLARS, to be piid ij
any r.erfon or persons who will di>t -
vttr tne perpetrator of either of thr- ilaid
etimes, fa that ce or ffce m y be
f r tm pmiuhment j be pud on
tonviflicn.
And whereas ih purfuauce of the
fame wicked oefign, the public Pumps
have frequently been choaked&diutbled
hyttones,iVooddcpiecei)rlron,beingwil
fully cast into them i in erder po pre
vent the repetition cf m.(chief so Can
erous and incoivenient to the inhabi
tants of this city, / do hereby, with the
a lent of the c: y council offer a reward
cf fifty coilars to any perion who will
give information of aa offender who
ba hl ee or may hereafter be guii y
cfwilful'y hoaking cr disabling any
of the public pumps within the limits
of this city. Aad it is her, by enjau.td
and required, That all officers, civ l
and military, Patrols, Fire-malters Si
other ci.izens within the city, will te
v’gilant in deiedting and apprehend
ing Inaendiaries, as w's.ll. as guarding
‘gairiit the tffedf (tllSir rnilchievcvS
and da ‘geruus ctfigrs.
Given under my hind and the seal of
the said city, this fwenry ’hi day
of May, in the year of our Lnrd c e
th >ufand, eight hundred and five.
(L. S J JOHN r. NOEL, Mayor,
A .ref!,
JAMES M. WILLSON, e. c.
Savannah May 15, 67.
K unavvay.
From the fubfcnber at Laurel Spring-,
Vjrs’goinery county, about the firft of this
month, .three foall Negro fellows named 1
SANDY, APOLLO and CUPiD, The fi -
mer is very black, has loft the end off one of
his b:g toes —had on when he went awa-, aa
nznahnrg {hirt and a round jacket of clotn.—
Appollo is not quite so black as Sandy—had
on when he went away, a hat and (hoes, with,
an oznabuig fturt—hi* overhauls and fr'clc
are of homespun, filled in with white wool.
Cupid has somewhat a yellow or bright com
plexion, carries with him fame cf his coun
try marks, and is a littie knock kuee’d—clo
thed nearly as A polio. They are new Ne
groes, cf the Angola country, and speak ai
med entirely their own dialed. TEN DOL
LARS for each w;li be given to any perfoa
returning them to their mailer.
John Jones.
/fay 55 V* - 2;>
Notice.
ALL Persons having demands again! the
eftate of Stephen Blount late of : avan
nah deceased, are rrquefted to rei der them
properly atteiied, and indebted to make
immediate payment to
CHARLOTTES BLOUNT, Extr’x,
May 21 ts 75
t+t Strayed into the
fubferibers enclosure a light bay mare about
13 hands high, no brands vinkle the owner is
requeued to prove his or her property, pay
for this advertisement and take her away.
Nath!. Adams, jun.
V/h he bluff, March ad 1305 ts yj
Sheriff's Sales. *
ON the firft Taefday in jure nexl wd.ba
fold at the Court-house in this city be
tween the. hoars of 10 and 3 o’clock.
i T vVO NEGROES, Plato, and Jcnney ta.
ken under execution as the property of Ma.
[ry Oates Executrix of Wi ham Oates, the
property pointed out by the plaintiff.
Peter Shick, a. c. c.
May 9 ,2
ViiNDUE STORE No. *
MARKET SQUARE, March t 2 1805,
r j H:u SUBSCRIBER being duly apooiti.
A ted one of the VENDUE MASTERS,
[ for the city of Savannah and haying taken
the {lore adjoining Levy Abraham* Esq.-,
foiicits the patronage cf all good citizens.
Regular da s o’ fait. WEDNESD AYS and
SAT URDAYS Any prattice to the con
trary noiwuiutanding.
Job. 1, Bolles.
Mat.-n tats 56
RICHMOND BATHS.
Joseph G. Posner,
I ‘*7 TNDI>rG •* impoffib’e topve ptrfonal at.
a. tendance at the Richmond Baths this sea,
1 >r, is induced to offer them for sale. eonfift
i-g of 410 acres of Land, with 11 Frame and
1 La? Hufes. For the accommodation of
parchafen this will be divided if found eape.
dtent Ir is unneceflTary to enter into a deferny
pon of the above Fremifes, as they are wel
known a: and hid fair to become f. fourceofio,
calculable profit to any one who will purchase
or lease the lame, and isbiTpored to attend to
their improvement. April -.8 ts 69
Administrator’s Sales.
ON-Mondav tb. 15th day f July next,
will be so and, all that lot of laud, aid
;-he improvements thereon, known in t a
jplan of Savannah, by th 4 number ()
lei jht, Fourth Tythinj, Reynolds Wa-d at
ipreleot occupied by Mr. K. I'odd/, a.d to
l aet ‘d ai he property of Mrs. Lucia :p_ r .
j ra J* deceakd, ter the benefir ~f ,h e h-irr. “
C R i \\ IVN,
c „ JOiiN VVIKH,-^V
I Sav ‘ Wl ; 4- 8 5 76 ‘.s.
For Rale, at this OH e
Tl. BILL for eftablifi.:-* *
A AT,* 7 D M *7 TjT