American advocate. (Louisville, Ga.) 1816-????, May 02, 1816, Image 2

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tft <WK9S?S *tf •*►?■* ntfcfce Thuc liTsift* ri;i*g, a great 'f ? amount of pid ur (i v‘r ruiuaiid I'uit’ td C hi,thin shall be ue e*sury tu ‘Complete |HVis-.H7(9 for the share or shares to util iih.'ris, uppaftkaued ns aforesaid, t e .11 issioiiers *h <ll only retain so -jnn-fi at the go. J or sfver re :b, and funded it fat, fcs shall be ry to eauipfeie such p y~ luen 8, and shall forthwith return the sup. l* u * thereof on applientian forth? came, to t e s* Borihers lawfully entitled thereto j..nd the commissioners respectively, shall t ! ->)o*it tlift gold t.nd gilver coin, and eir tifi ates n! {iiibli and b by them rcspe lively received ns uForrs .nl, fiom the subscribers to the r&pi .1 | toe s> id book, in pip. e * - esure uu.l site keeping, * that the e me ©Ry, a* <j shell be specifically deliv e-r,’ uiA .f inferred, as the same rre by them respectively received, to the Prest-j t.Vnt, Directors, and Company of Hie Bank 4 s he I s.i ei! atutffi or to their order, as ii) 0 ’’equi ed a. ft r the organ i a.*;oi;ol toh sa.d b * ik. And the sriid<con— *':i ’iosv rs *p* oiutel to superintend the sub t, fftin:ss to ?( e capital of (be said j tl, *h :If ref cive a reasonable com li.;I i. ; -oa r ihf.F Si ■ vices respectively, sk fc I ! <e ‘.•*V’ i) ;il! reasonable charges arid 11 md in the (•©ion of their v •, to repaid by the President, Direet *! ’ LB J o>jipa;y ol the XUnk, oui o. the iu vis t ereof. Skc 5. lii he it further That v ts • 1 > 1 .'iu I >fta 1 L<uitcsi & i<-s <0 j>,u r-. id redeem th- t:i: and and dihtsub* ri>ed to th 4 1 p i.l <J the s id o nk, at t’ o rate* afore in :h sums, and at s U , |, tims a. Z'i-Jl be deemed expedient, any thing irr ait 1 or dCis of congress to the contr ‘ry tberi < n.nwithstand >g. Ausl it shall also b< for the President, D.recto** an Company of the s lid b lU k, tit s 31 am 3 trau ’{'■ hr end silver coin, or bullion, lit ’fsnded <f ’it subscribed to the eßnh a! oft! *uid baalc a* a Wes*id : Troubled alway That they shall n >t sell ni Te thereof, tli i tlhe s.i’iij of two mil tons and! dollar - in tun t;u c y-y ; n ,r se? ‘ any part thereof at or * tnne wifbiit the fruited States, wnhout prt s.'-msiy giving notice of their intension to th • fee \ tary *,f -he IVeasiiry, and oilcriag fb- s t ‘-.ne to the i'-iin-d States for the period.c. ii’ cr- id ivs at la st, at the e-irrent price. Ho * x'-e ■’ r.* ‘ e mb's aforesoid. See. ri Jb l he it further enacted, Tha 8". the opemag of be subscription to th ® i hi* r! l stock .t the fcdit! b ok, t?je Seereta <> t.e cea|.: fi'jMil gi ! sesibe, o! I C tsetobe *>!a r?h and. on beb ill’ c-f the U. J fettle*, toe s -id :smb.:r of . vuuty thauvaud ; v ! f“s, r. .mn •. a 1 . e vea mil lie ns of dot- \ i >, 4, .s* ‘.twee- ill, fa be .r td-i'i gol.d or‘il v- v o;n, or m >.> !; of the Ud eu States, | fe riag iatwH l VI ‘he of live percent. ‘ per tiD'ium ; and i. j■ > iuen thereof, nr of 5i iy p rt tceroaf, ‘->f m de ’fi puati* gto k, > Wrii interest s aforesaid, tlie bua! m b * ; a able quarterly, to com sn n r * f’ lm the t*-mc of making sti. !i paN* Si; - l no “ liirif i-f the said subicrii.iion, &. t ‘ e pt’ i- jp .l of the m.id * . k saali i;e re d b. l iu .ii\ sum*, ;mlatii 11 v periods v. ..:n ne >*’; ‘ament shall deem fit. And j t •• Secretary of the Treasury shell cause i the ..as ufientes of su:h pub i* stork to be. jpr-pared, ind made in the :iual form, end shiii p y ali i deliver the strne to the Prcai- 1 dent, Directors tnd Uoum iny of ihc id bank on t‘ e ii-a’ day of January, oaa thou- 1 sand eight hundred and seventeen, which ! y ..id 1. ■■•'x t shad he la-viol for tho said ‘esid at, Diret tors and Conopacy to sell & ! tr-msTrlor gold m>u silver coin or bullion at their and : irovi&d. They shall it sel! mar’ than two unliioiis of dollars, th; re;-f hi y one y.-nr. Sy.c 7. ,ind he it further evaded, That l tbe 8 bscrib * to tie said Bunk of the* T’ ■*..] w tu cs of America, their su ;es-’ 30 std as- :. .ns, shall be, and are here y f eate ‘ a io porot ou and body j olitiejiy > VSt ... a;t s yle of 4 the President-1 V } i o•, ai:d t'ornpeny of the Bank of 1 t ‘ t < i‘t n S’;s ‘*'■*, ‘ and shall so cootinue ! u 1 h • -.tird day of AJarch, in ts e year 0. -i.(; -j. and. i , t t hundred and tt ir>y .*• *, * u<i y t kail be, and are herei y W* ; i > -*;d t>p.-.bie, in law to imve, pu chase, receive, uo.h*cs, e; joy, ami it*-1 t’ i2. to them end t “■ ‘!'* sue essot s, l.m s ! ■ Is, nemeuts hcredit ,inents, goods, ;h t tu . and cti-'ct* o; wi-utroner kind, nature <i'd q ndity, to an amount not es: ceding, i * the w h e, fitly five mi'liong of dollars, i t lading the ainniittt of ti e eapi ai sto k afirtg tid ; and he s use to sell, grant, de nt v*, alien, or dispose of j to sue end be tn and, plead and be imple ded, aisgwer and be an- wered, lielend and led fended, in all Sic. e court* havitig compeseut jurisdiction, i.t auy cir< U!t eoiift of the U. Stales : ttmlaUoiom ke, hive, aid t;>e a common seal, and the anme >0 break, alter, and je ew at tlk ir pm erne: and also to or* .dain, evtablfsu, and put in execution su | by la *'*, aisd oulimm c* and fegula ions, at they shall derm necc-sa y aid conveoicnf jfor the gove'rnnn-iit of tlie said corporotiou. !><>; bti.ig coat a y to the ((institution therc ot, or the laws of the Ur.reiJ States: uuc fen rn y ‘o do a id exe tite all and r •£ acts. u:a e‘ ~ and things which ti tiu n t. rli.it: or may apj erlaiu to do ; sub jee‘, eevoniieii.ss, 10 tat rules,reguiaiious, atri'k and provisions here 1 iuafVer*pi escrihed and declared. bf c. 8 Aml be it further enacted , Tha’ for tlie of the ailuirs of said eorporat i**, there shall he tw nty-five di rcctoF*, fiye of'vviahn, being stork holders,! stioH b annually appointed by the Biesi dent <d’ <2 e United te;a es, by and with the advice and consent oT tbr Semite, uot more th&u th;ee oi whom shall be residents of Jony one state, and twe;y of whom shall he J; imnlty elected et the bonking louse in | the city of Philadelphia ou the first M-n ----jd y ’ J mt.iry, i;i each year, bj ‘he quali- Tt! s.o khoiders ofthe capifal of the said bank: ocher than the United States, aid by. a pimaiity (.f votes then and there ac'uul *v given, arrording to ti e i f vo'iug hereinafter p escribed. Provided uh: ays, Thai t.o p"r?‘>n being a director in tt e ba. k of the Ignited States, or any of its <*rsnehes, *h%li kt* a director of ,ny other bai k? aud should any sn h dire tor act a* director in any o her b nk, i shellfor?h rvU vacate laa up uin m trt i>2 the di;e tis n : •. thebauk of the United St..les. And tlie j irceu , so duly appointed cud elected, hJI he ep- b e of serving, by virtue of n* h appoih me? t and chore, from the first Monday in the raiuth of Jai-mxry of each ea.r, uu ir the end and expiration of the first VlootLy in the month nf January of the ■ear next ensuing the time of each annutl ‘ec'ton to be held by tue so kholdcrs as fore*'id. And the hoard of directors au- Hiaiiv, at tSte first nicetiig after their elec i*M* in each <nd every y* j u., Hball proceed i> le/t one of t?*e difunors to be president f the *orporation, who shod hold the-said *;H-e duri g lilt same period l‘*r w ’ ieh th*’ .•'■•eetorsa.se &t*pi iuted aid elected as o >re-*aid : Provided a(*o, that he first up- Mi' m;tit u i elev'jpui of the di e.‘tors and jiesideiit <*f th< id fi *k,sh II b>> at *h me and I>r the perioc h t*ii: t;f er devlat •I : And provided nlstu tiai in*, se i*s?o*l( : t any time happen ji*at n sp’ ir'tnent c (ee iou ol dire* <*>r. or ;..n election of Is * ■■-esid?.*nt of th s i.i bark, sh uld hft be r ’i-tde its t • ink*- * Hi * t on any <1 y when, i .M'suui eof tl isrteJ. t!iey ou^-ft*.o( ka tl ’ -t, ti.e&ii*l corporation sh- II not, -furtki uie, f e deciued to be dissolved; but i til be ‘awful ui any other time to mak uek rtppoVulmen's, and to Im and *t;< h e!e ■OUR, (as the case maybe) and the m:;Tin. 5 noi Jiag ti e elections shufi <re regulated b* H a b'. i VS and ordinances of the said cor aoration : and or,ti! su h appuintireuts ore iccf ions be tm.de, the dire tors end ungidei t <>l‘the Said bctik fir the (me b ifig S.> I ‘uiutinue in office —And provided also, tbs? it. ei.se of the death, resijr itstioii, or removal of the president of the aaid < orporatlon, the directors shall p o eed to ele. i another pre aident from the directors as & fares id : hikj in eaße of the death, resignation, or übsence from the United States, or reraov.il of a di rector from odi -e, the vacancy r-ha!l be sup plied by the President of .he United States, or by (he sto kl:o!d r es f‘ e c;se may be. But the President of the United States fa lone shall have power to remove any of the director* appointed by him a aforesaid. Skc. 9. Md be it further eilacted, Thai as soon as the sum of eight millions; foui hundred thousand duller® in gold nd gi!vai coin, and in the public debt simil have been actually received on account of the sub scriptior.g to th a capital of the said bank, (exclusively rs the vubse'iption rfore9id, on the part of the United .St&tet) notice thereol shail be given by the pers.ins under whose superiutend&tuc the subscription shall hvve been made at the city of Phila dt-lphia, in at le st two newspapers printet 1 in e;u h of the pi m s, (if so many be jiriutt .I in m h pi ees respactiv iy ) where subscrip tions s'fill have fi.eu mate, aud the sa perrons s’itiii, et the stare time st-d in lik* m inner, notify a time uuU place wi'.litu the K- id city cf Phii- delpt ia, at the distouce of [at Ui s? thirty days fom ti e time of sue! I ii'itifi ation, for proceeding to the election [of twemy directors as aforesaid, and it | be lawful for u* h election to he then | rd there uivrie. And <f e Bresid nt of the j t ui'cd Stotts is hereby <.ulhonz and during the t- iscnl session of eongre**, to nrtnim t: . | H t dby and with the advice and eonse’, 1 ’ of | the ftuMe, to eppoiut five directors of the >9C id bank, ib ugh uot sio kbobiers, any ih gin the previsions of this act to the i-ntrary nolwiih. tundiag j ti.d tie per ens wi 0 shall be elect* and ei ands pointed 0* !if risiid, sli JI be tie first ors of the [ ‘eid bfaiiix, nod sin.l! pioaed to elect one of <he directors lo be pus dent of the ; aid bunk ; ti.d the di e* ins iui prtsideni of (Lt s*.id bunk so aj pointed elect* and as [ aAr said,sh*. ll be cap, file oi sei viftg in their respective ofn cs, by vuiue thereof, nniil ! u end ar.d expiration of tie first Mood y lof the month oi Ji lu. ry next ensiang the ’ . id ‘ ppoiiitu ents and tleriiot s ; a i du \ shall duo and then eforih comu euce, anil continue the operations of the said tank at ti e eify oi Philadelphia. ISeo. 10. Jlhd be it further enacted , That the directors for the sane bring, shell hav power le appoint such otfiius, c/e k*, and servtnfs under them as shall be neusscry fT executing the lu it ess of tie said torpo ration, and to allow them such coui| ooaetioi tor tin ir services respectively, isshali I i'euaonubki and sh&U eicrci •ng Sfl?h other pdtvevs for r be well govtsrbrag and of the ofii *er* oft be said corporation, essfiail be pre scribed, fixed, add dAeinfsued by the law* regulations, ned ordtn. m i'* *f the s me. \ Tteyi Mtn>e.R r* ova HF.xr ■ ■ **>**>■ Kr-x+‘m:*mvmum 1? OjH lul 4jrlV. LATEST FROM ENGLAND. CIIAULEbTOJV, AIIUL *6. Bv tbe arrival this in or nit g of *• e ship Mary and Su*an, rapt.Turti ~in 43 vv fi'.om Liverpool, we have London p rers'to the 29(h Eebru iry inl**i* r, rnd/I ordon ! prices 1 orient of the 2d Mar* h. We bav** 4 t. many articles as our time would alhtw of.- ) The list quotation of ti e p-iee of rot ton hi Liverpool,W. s, for npHrd, If* 1? 10 IS 1-2*l per Ib. Ri every dull. Tobacco in very limitted demund. The Herh duties on imports of n,o*t articles of lumher from other parts preclude a competition with those front Briiish colonies. London, February 21. At a late hour last eight we received Brussels p to the sß!h. They*.state the arrival in that city of a £rret number of the French regicide-*, few * f whom tire of tiy particular note Merlin set cfl’ <su the 11 h for the United States; 8o!t, vvbo. had beta at Mons, passed throng!* Brnes 1* on ti e !2‘ih. 00 iii* jouiHeytn Hamburg His fortune has be; n estiniabd at 12.000, 000, wml that of Mass ua at 15 <OO ( t o. Feb uu>- 2n Glasgow letters whi-h ar* ived yesterd y a melancholy account of thei* tr. and li, mauuf ictures in th i countiy. No few-r ‘hun eighteen respectable houses, cbi Hy in ■; e liocn and eaUon Jrade {.eve within ten ('ays stopped payment. Their connexions with two or t’ r e bo'iucs in London will, it s expected ba at'.ended with ronse q(n es. ‘iTuf ansoun’ w l i*-h obe hoi s? has ilcd for is upwaitis of bail a mitSiuu ster- ’ ‘•ug. February 27. A Outfit 3!fiil hss arrived It einmu ;i ----i'fitts tl e most melancholy details 1 f th?* ru. g.-s of the plague in the province f Bos- . nia, which it has nearly and p pulot and. This u, ki *!< province, w hich hed hardly a mil ion of infiabitauts, has lately lost *SOO 000 persons by the plague. Three yeti rs ago, jpon an exact enuturtition of the rotholi?s, tl ey were found to rmount to 112 000 seuls, of whom scarcely the half are u-*w i in ia iii:t; and the disease has not yet ceased in rage. The death of Kotzebue is confirmed by he foreign papers—he vas ia the 55 tu year of his age. February 28. Paris papers so the 25th instant, unived yigierd y. It appears’from them thsts-!. midst cl! the rejoicings aid festivities of liyaltj which have latly taken place in he ccprtal, t!;espirit of diafi‘.M‘tinn h* s.been ! u. Miifesled in tbe proViuces, and eveu aets finsurrection committed ct Thrascon, iu the South of France. For two days tbe greatest excesses took place; thej is were iroken open, the pris *nr i liber cd, the judges intimidated, the Prefect obliged to Hy j and the National Guard when called | upon refused to act, thus proving its sympa thy With the insurgents or its dread * fth ir I numbers. The mclaueholy Luts u forto-l nately admit of no doubt for they ore dis- j iucthf staled in a R. yal Ordin me which! it has been found necessary to is-ne on thei occiibiou, aud which is given our ex traets. February 29. j We received tlti* morning n short letter I ironi our (orrespoudent at Paris. “ Paris, Feb. 24,. I “ it was observed (hut the king wbb chief ly engaged in close conversation with M. Talleyrand, during the grand fide given by tl?e uatioual guard to the royal guard at tlie Od;on. The report of a change of mirds leisg dns ground, and it is said that three * ontinmtfil powers have made some r* prc s •ntauens upon ti e present state of ; ft‘.trs, vvl ith is not so corgoh tory or free irom dis quietude aa thry could wish. “ Accounts from Italy mention that Lu cien Bonoparte bus converted his property into specie; and Is embarked at Civits Veuhia for Aiueriea. M JX’cw-York j April 11. By he fast sailing ship Tea Plant, rapt. ! Brown, arrived hist evening from Liver pool, whence she sailed oh (he 20(1) of Feb iiiary—the editors of the Mercantile Ad vertiser hove received the papers of that ity to (he BSd and London to the 20*h, which furnish no political hews of momtut. We have givm come extracts below. Mr. V&nsittart Imd brought into the Biit sh parlitmmt his plan for tbe military establishment. He states that S3 ; 00l) seamen would be wanted for the preseni ear, though the general p are establish meat would require tut 23.000. For the ar *y he proposes lo keep up 25,000 for Grea. iritaiu, and the same number tor Ireland ; <r Gibraltar and ti c Mfdite> rarean po aes ton* 2i ; CUO j fur BtUish Amenta lo # ouc . for the &9t and Westlndtes eß.tlOO—?r, nil 99,000 men. The supp'ies for the present year ere eafeulafed at 129 000 OCO, whi. h *ie eh.'incellor states will be reduced 01:0 bird the next year, lie recommends the ontinnaD'e of the property nrd tnceme taxes for the present. The peaee hell.ougJA was gtr.ble, rnd would continue, but he was ipposed to the country’s disarming o)*o get her the continent was still covered with catir]** and armies, or to leave itseT wit I out tha possible resurieetiuc of iuv strength. ‘Hv *HV “ A * r ! he London I'Ui'ors appear to ofteoh much more importance to the Correspond* cnee, w.’ ieh h* htely took place between f } e Spanish Minister and *mr sceretery of State—thtrs either the Atm.rir&n people or go vermin nt hsve thoncht worth ivjnile to attach to the subject —The Spanish Mou arch fit me.ndHl ofu* a of our terri*’ ry West ol ti e Perdido—-and insisted on out delivering up to him gome *.fi those rebels & I heretics who dared to oppose l.is 4< divine ! authority.”■—V.’e answere*!, with aB sma* eituuy politeness, that in the fi Ist place, tic had not the most distant idea of surrend r ing auy part of our to ri ory, and uftorwaids makiag a bargaiu about it. No, No: TFe'd give thrice so mrvh laed To any xrqll-dvsei vii g friend, Put. in flip, way rs bar ruin, mark ye 9 We and cavil on the ninth part ofu hair. 1/9 And, in the second place, we had no right (whatever the 4, legitimates^’of Europe may thick oftlso matter) to interfer •07 rnc.UUe in the concerns of any government, but ©ur *twi*; therefore, (theeorrolUry is very ele r) -This €. tbolit; Mej. sty would have the Pat riots bound end delivered into his hfi&ris, there they are—aud let him come aud take them. To this replication, there has ss yet been ‘no rejoinder. Air. AfoyjtoPs very decisive has a little confounded !)*- Oki*—. who app ars to be ra*her tn itTerior eifil* sap, espo i i\y in cases that imolv® *ny pua; ipte of nalional l iw. The t-ffair,there fi re, is at rest, quoad hoc*-*- If ibeie is to he “a rupture between tbe Uoited States and Sp in” (as the sagacious London Editors snrmi* •) —why, so be i?.—.'TS)e period cf ’Spanish tyn? w y is f st drawing to a close, and someone must f.ll, ©a Massinger sayss f ■ Under the swing efdeAitiyd* Mouth. Patriot . (To VME EbltOH* OF QHZ CoLUMBJ/j K J [Tire subject of the f flotcivg sketch having lately arrival in this c*ly, its insertion at t/us time may nut f>? uninteresting — tin cor rectness you neet* not doubt. Fours dfc, MARSHAL GROUCHY, Count Emouuvl de lirou hy ia, s boro ?t P".i*is in 1765 H,s f, truly was noble, *n4 hi* sister married the ‘•elebrAted Onniorcst* A* *n early age he enter, and the ii.rtiiery-~. afterward* served among tine ii-.’ht troops—. whs admitted into the body guards in 4785 appiuted Colonel of the regiment ut Conda, snd nude the campaign of 47 I J2 in Savoy, the corquest of which he ontri <oted in ac complishment. He served with distinction in ttio w mt of La Venice a* a general of di vhi n, in 1795 : and afterwards sd Italy un der in the disasterous battle of Novj he displayed un tvitrepiuity bard- ring on r>.shoes ~ehargine at the heed of mo cavalry wihis hot on the pain* of his sword ps a <tu- stitute for the standard which had been lost, he was < ut doon by the sabres of theeiwmy and tn .de a prisoner. After hit exchai.tf** he joined the army of Moreau, St renped fresh laurels on the |<lal .3 cl He* heniiuden. /. In ail the campaigns of the Imperial ar* my, he couitm.uded a division of dragoons* and increased a reputation aI re .dy weR established—Hip taolu* t at IV- u>s, W # where Prince Iloletuoe vac cap*tired, as will os at Frieritlhvndy was particularly t;a ti i(l in the olii -i l bulletins —Pe also serv cd in the fatal Kiuhou eatnp'tign, and on the retreat commanded the * fetter* and Guard** a I’O'ps of officers which arromp&tilt and. the Emperor. O.i the return of iVepoteun t; otu Elba, he declared :nl is favor, and was amt in pursuit of t- .e Due d’An.ouleine. whom he soon compelled to surr rider. He was then created a Marshal of the Empire, and as such command and at Waterloo. His ea* cepe from the persecution of the Bourbons, and 1 is arrival on our shore, are events tow recent to be p'ulicuiarized. “n 6 f ICK.~ Nine months alter date appli* cation will be made to the hon orable the Inferior Court of Jef ferson county, for leave to sell all the real estate of Ichabud Ledbetter, late of said county deceased. JOHN COOK, Admifiisirytor. Aprils >