Newspapers / The North-Carolina Star (Raleigh, … / Feb. 24, 1847, edition 1 / Page 1
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TtfO! J, LBMAV, Emtob 4t PaipaiiToa. aaar ciitint: rtwtirri ii aoait UTiuiiTcti .' tii ataovacKa tbb ui ar oca niiun yaa e oca arramaaa-' tTUREEDOtURBA YEAR-.. . ) - IIALEIGII, IV. C . WEDHESDAV FEB. 81. 1847. .. It 1 IV. fr EAWS of the $TATE OF KOItTII CAROLINA , PASSED BY TUB GENERAL ASSEMBLY, 4t rid ir""" waie- coaaata a or, ti iitishtb BB. TOaVIAXB CluaT aOIDHlD 1SR fOBTI- IX, ARB OJTTHB tieBTMJITa Or JAa'r, OKI THOCitsa iohT aunaaER ib roiiTt ay, .1 " '7 (ItY AUTHOR 1TY. J Ai Act t establish the Commercial Bank at Wilmington (concluded.) the book3 of the bank, ns shall relate to the said statement ProrUled, that thi? shall not be construed to a right of in siieciiuz the accounts of any private individual with the hank except of the directors. The bills obligatory andof mlit, under tho seal ot the said corporation, which shall be made to nnv persan or persons, shall be assignable by cn dorseinent thereon, under the hand or hands of such person or persons, and of his, her, or their assignee or assignees, nnd so as absolutely to transfer and vest the property ihcre in, in each and ever Assignee or assignees, successively and to enable such assignee or nssignees to bring and maintain an action thereupon in his, her, or their name or namis; and bills or not 's which may bs issued, by order of said corporation, signed by the president and countersigned by the cashier, promising tho payment of money' to any perron or persons, his," her, or their order, or to bearer, thouirh not under iho seal of said corporation, shall be bind i rii nnd obi igatory oti the same, in .tho like manner, and with the lika force and elfect, as tipon any private person or I arsons; that is to say, those which shall be payable to any l)le by endorsement, in like" manner and with like effect, as Toiwsn4iiHs-xchatise-iKr---ftre;id'tlH$r-wbich-re- payaWe to bo'trer, shall be negotiable, and assignable by de hverv (aiiy. Sec J. B itfurlhtr enacted, That no note ahall be is- sitod by the said liank under the denomination of three dot lars; and if nny person or persons, holding any note or notes or said Hank, shall present the same for payment, and pay incut shall bo refused, the said nqje or notes shah draw interest at the rate of twelve per cent, per annum, from the time of said demands and ihe-saidi liank shall pay the ,y same; any law to the contrary Ihofwithstandingjand the Imlder of tho notes, of said bank, if not paid on demand, may bring an action of assumpsit against one or all of die : directors, who may .have consented to issue more thau.twice . the cnpital stock paid im Frevid e4 the Dank te nei able I pay the amount. .. . insolvencv, of the bank hereby created.or ultimate inabil- ty on the part of this corporation to pay, the individual stockholders shall be liable to creditors, in sums double the amounts of stock by them respectively held in said corpor ation, Sec. 9lBe it further enacted, That the director shall aa " a. ... a ' t . a a i ue auowed to keep open the' 8.)Dscnption dooks, until me whole slock shall be taken. .. .L. JL, '-r Hat: W: lie it further endoVJ," Tliat if ra director," or any other officer, agent, or servant, of said corporation, shall embezzle anv of the funds bclon?in? to tha said bank, with . - O O ' intent to defraud said corporation, or make-false entries npon the books of said bank with intent to defraud $aul turpurauon, or any oincr person wnaisoever, said ouicer, agent or servant shall be held and deemed guilty of felony; and, upon conviction thereof by due course of law, shall be punished by fine at the discretion oi the court, and impris onment not exceeding five years. Sec. 1 1. Be it further enacted. That if anv person shall falsely make, forge, or counterfeit, or cause or proenre to ho lalsoly made, forged, or counterfeited, or willingly aid or assist in falsely making, forging or counterfeiting, any bill or note in imitation ot, or purporting to be a bill or note issued by orr'ei of the president and directors of the Com--niercial Dank of Wilmington," or any order or check . upon said bank or corporation, or any cashier thereof, or s hall falsely alter or cause, or procure to bo falsely : altered, to willingly aid or assist in falsely altering any bill or note issued by ordT of the said corporation, or ay order or check on said t Hank or any cashier thereof; or shall pass,, exrcr rt-i-e wrtfi intent to passp" alter or publish as true, any false, forged, or counterfeited hill or note, purporting .to be a bill or note, issued by order of the said corporation; or any false, forged or counterfeited order or check upon the said bank or any cashier thereof, knowing the same to bs falsely, forged, or counterfeited or shall pass, or receive with intent to pass, or attempt to pass, or publish as trnc, any falsely al tered bill or note issuod by order of tho said , bank, or any falsely aJtcreEpjfh thereof, knowing the same to be falsely altered, with inlerr tioii to defraud the said Corporation, or auy. other body po litic, or parson, or riersons; every such person shall be deem ed guilty of felony, nnd being thereof convicted by due course of law, shall be imprisoned not exceeding ten years, and fini'd not exceeding five thousand dollars. . . - Sec. 12. B it further enacted, That the president or cashier of the said bank shall annually pay into the treas liry of the State, twenty five cents on each share "of said eapital stock, which may have been subscribed 'for, and pid iw. end the first payment of said tax shall, bo made twelve months after the , said-bank shall havecom jnenrcd operations,. ' " ; . m a. ' e it ' f,trl,ie'' enacted, I That the" directors of said txink niay declare semi-annually dividends of the prof its thereof;-and if, at anv time, more than the real profits be dividcoV the directors assenting thereto, shall,! responsible :n their private 'capacities to creditors' who have claims a gaiuxt tlifr snid institntionT j:r iTri-,; i See. U. ffe itjurther rnuctt, That the' president of this auk Jiall jn the first week iu Decemtwf iii each and every wr, transmit to the General Asemhy, a full statement of nmomon oi me oann, exhibilmg the' .amount ef capital, notes ni eircnlnlion, di-lisdue to olhor Iwuks,. and to, what 'auks, dofwitrs, mid nil other particulars necessary to es p'.nn tho debit side of fiie account also specie on hand, Vl " Wnn! '-banks-, other f mi JsspeciH 1 1 y ruuuterated, (Mi $ due from "other "banks' nijd what' banks, billsof ex-r-h.m.go', debt or !oiids, and notes discounted, Fpecifymg in o;ie item the amount due, from stockholders, and in another tnoamojunv due from directors, not however using any per son s nanie in eUtorcase;; and amount of real estate. r.'-Sc- t& Jltltfitrntr timet fd, That if any prcfident, di. VCtW. cashier. -cleik. or ollifrntner nl llii. nr.tr,A lun.t 1kvU knowingly; willingly, and with intent to deceive, make' w cause tbo ijia'iorcowihp at nakuij any fnrse rcturu, statement orxtubit of the condiii -n of the Bank, either to the J. reasury of the State, to the Legislature, to tho board of directors, or to the stockholders, or to any other person or. parsons,-that may be authorized by the Legislature, or ty tha stockholders, to receive the same, such nresidet directors, cashier, clerk, or other onicer, and alt persons aiding, or atoning iu such deception or false return, shall be liable to bo indicted as for a misdemeanor, in the Supe rior Courts; and npon convictwn, shall 1 jined at the dis cretion of the Court, .and imprisoned not exceeding one year. Sec. 18. lie it further. tnuctA, That whenever the Leg islature may be of opinion that tlie cluirter of tho corpora tion hereby granted, shall have been violated, it may he lawful by joint resolution, to direct the Attorney General with such assistant Counsel as the Governor, or Legislature may think proper to engage; to issue a writ scire facias rt turnable before the Judges of the Supreme Court of the Stale, calling up m said corporation to show cause, why the charter hereby granted, sh-dl be not forfeited: subject to the same proceedings as are niw prescribed by law, as in cases of otlwr corporations . s i Sec. 17. Ue it further enacted, That if it shall hpppen when the books shall be opened as aforesaid, ' that a greater sum than three hundred thousand dollars shall be subscribed Hy individuals, or bodies corporate, it shall be lawful for the commissioners to reduce such subscriptions, according to a scale by them to be, established for that purpose, to the a fbrcsaid sum of three Inindred thousand dollars: . Provid d, tliat no snbscription of two shares or under shall be scaled until all larger subscriiAions shall first be reduced to. an e- qtitfwltfh.aw-h", bee. la. He.it further rnacleu. That this act shall be in force from amLaftcr its ranficatiosi. . .. . Ratiful ISth of Jimiary, 1S17. An Act to amend an act, passed at the last Session of the Gencrxl Assembly, entitled 'an act mora effectually to .a a . 1 r 1 . !. secure the dents utie ior uiicroKee lamis, ami to lacuuaio the collectiou ot tlie same." , - ,w . . . . ... - Sec. 1. Be it enacted by the General Assembly tho the State of North Carolina, and it is hereby enacted by the authority of th same, l'hat the provisions of the said act. he extcrtded to the securwros ot msoJ vent yurchHBers, when. ever it is ascertained to the Governor by the agent of the $ tote the prUicipala are so. insolvent and havo removed be- yonu me limits oi mo siaie, so inai ren-ases irom ineni can not be had then and in thatcasef whenever - the said s'curi4uyrandndorsed by the Public Treasurer: ties, as aioresaid, shall release in manner - prescribed, for the principals in said act, the governor shall be, and he is here by authorized" to deliver up such bonds, to bo cancelled in tlie ame manner if siicli releases - were -made by the principals; any -vtivhg in that law, to which this is an amend nient, to the contrarytwit h&aMtng f , : , : Ratified 1 8; h January, 1817. An Act concerning : the bonds of the Clerks of the County ;:. 4,. Courts. .. :';.- Sec 1. lit it enacted by the General Assembly of the Stale of North Carolina, and it is herrbu enacted bv the - i T authority of the same, That hereafter it shall and may be lawful for a majority, or twelve of the acting magistrates in the several counties in this State, to take the official bonds of the clerks of their respective county courts. " ; ' ' -Secr 2. And be it fnrtlier enacted. That this law shall be in force from and after its ratification. Ratified l&th January, 1847.J . , said Wilmington and Raleigh Rail Road Company, endor sed by the I'tihlic I reasurer, and made payable on the firs dayof January, 18478j; and whenever Hie sard bonds for one hundred thousand dollars shall bo satisfied and paid as re quired by this section it shall beLwful for lhe said presi- dentnnd directors ot the said Wilmington and Kaleigli , Kail Hoad Company to fill up the bla ik lit each endoiso ncnt o! the bonds authorized by this act with tlm name or names of the person or persons, or company or corporation, to whom the same may be sold or transferred; and when so filled up, shall be as binding on the State of North Caroliua, as if the' same was done by the Public Treasurer at the time of ma king the endorsement aforesaid. And it shall be tho duty of the said president and directors of the said company to lurmsh the Public 1 rensurer with a statement , ot the name or names of the person or persons, company or corporation, to whom the said bonds have beeii transferred or sold; to whom payable, and the time of tlieir sale or transfer of the same, to bo by him registered in the book to be ket for .the registration of said bonds ., . See. 4. lie it further enacted, Tliat for the redemption of the bonds hereby authorized to be tunde, and the pay ment semi-annually of the interest on tlie same, nl tho rate of six per cent per annum, the faith and credit of the State is pledged-to the holders of said bonds; anion failure-of tlie president and directors of Baid company to pay tlie said principal and interest or any part thereof, as it becomes due, the Public Treasurer is authotized to pay the same, out of ay moey-itt he 1 reasury at tho timer - sec. n. tie it further enacted. I hat the said bonds sfiml attorney, m a book to So kept by tho Public Treasurer for that pu rposc4aud in every such - transfer -the dntstandiiig bonds shall be surrendered to and called in by the PuWic Treasurer, and a new . bond issued for the same amount to the nerson entitled to the same. , . . ' , Sec. 6. Beit further enacted, That whenever the presi dent and directors of the Wilmington and .Raleigh Rail Road Company shall make, execute and deliver to the Governor of this State, lor and in behalf of the ., State, . a deed of mortgage nndor the seal of said company, wherein and wjiereby shall be conveyedto the said Governor mid his successors In offico, for the use and benefit of the State, all the estate real and personal belonging to the said Wilmington and Raleigh Kail Road Company,, or in any manner partaining to the same, conditioned for indemnify iflg jand Ktviiig bAmiew the payment of the whole or any part of the bonds hereby an thorized to be made and issued by the president and di rectors of the Wilmington" and Raleigh Bail Hoad Compaq uy, and endorsed by the Public Treasurer:- also shall make, execute and deliver, to the Governor and his successors in office, for the use and benefit of the ' State, a pledge of so much of the profits of said company as shall be sufficient to Sec. IT. Be it further enacted .! That UiiV et shall fee in lorca from and after its ratification .. .. 'z,si.,.u. laiinea ibtn January, IW7, Vi i f;! An Act to provide fur the Transfer of certain funds front the Internal Improvement Fund to the public Treasury, " , and for other purposes.. ; it Ir- v i An Act granting n further extension of cedit orUhe -lxuids - V 1 ! JC. - .1. WT!1 ' . . I l.'l. . enuorseu ny Hie oiaie ior uie numiugion anu itaieigu , Rail Road Company; alw or the debts due the State aiid the Literary Fund by said company. Sec. . 1 Be it enacted ' by the Gene'at Assembly of the State of North. Carolina, and it Is hereby enacted by the authority of the same, That it shall and mar be lawful for the Wilmington and Raleigh Rail Road Company to make their bonds, payable to the Public Treasurer of th i State of North Carolinafot the sum of one hundred thousand dol lars, which bonds shall be signed by the president of said company, under the seal of the same, and made payable for any sum or sums not less than one "thousand dollars each, andtoenrry interest at the rate of six per cent, per annum, which Interest is to be paid semi annuall y, to . wit:- on the first Monday iu January, and the first Monday in July, in each and every year, until tho said bonds shall be redeem ed:, fifty thousand dollars of which bonds . shall bo made payable on the first day of January, one thousand eight hundred and fifty; and the remaining fifty thousand dollars shall be made, payable; on: the. first day of January one thousand eight huud red and fifty one.'-" - j - j-SccJL Be it further tnaeed.-Thnt the PuWic Treasurer of the Stale, be, an! tie is hereby authorized and directed to endorse on said bonds ns follows: ''Pay to ' ' tr order;" and this endorsement shall pledge the State of North Carolina for the payment of the sum in each bond; which' endorsement shall be signed by the Public Treasurer in his' official capacity,' and countersigned by the Comptroller. The -Public Treasurer, after endorsing- the bonds as before mentioned,' shall duly utimfer and register them at. large jn a book prepared for that purpose, and which book shall be safely kept in bi office.', .'.v.iff'k i ' Sec. a. lie it further enacted, That the said bonds, so to 1 made and endorsed, ahall bedeiwsited with the Public Treasurer of the State; and fifty-thousand . dollars tlicreof shall be by him dl ivered over to the presideut and directors of n:i comimiiy, whenever the said company shall pay to th Public' Treasurer of .the Stale the sum of fifty, thousand dollars for that amount of bonds 'of the 'said Wilmington and Raleigh Rail1' Road Company,1'' endorsed by; the Public Treasurer, and made payable on the first of January 1847; under an act" entitled "an act for the "relief of the Vilmlng tou and Raleigh Hail Road Company ; and shair further more redeem, satisfy and pay the bonds, '''Amounting to fifty thousand dollars, issued in pursuance of Uie' said, act, by the pay semi-annually the interest which may: accrue W said bonds, until the final payment and redemption of the prin ciiwl of said bonds; which said deed or deeds of. mortgage and pledge shall be approved by the Governor and Attor ney Genera! of the State; then it shall bo the duty of the Public Treasurer and he is hereby required to deliver to the president and directors of the Wilmington and Raleigh Rail Road Company the bonds, in the. manner and Id such amount as is set forth in the foregoing sections of this act, and which by this act he is autljorized and required to en dorse, taking therefor the receipt of the president of the said Wilmington and Raleigh Rail Road, Cempany. See. 7, Be it further enacted. That io ca of failure by the president and directors of the said Wilmington and Raleigh Kail Road Company to pay aud discharge semi-annually, the interest which may accrue on the bonds hereby authorized to be made and executed, -and which may be delivered to the company, it snail ue lawiui ior me uovernor, forthe timebein?, to apply, in behalf of the State, to the Superior Court of Jiquity for the county of Wake for a sequestration of the-receipts lor transportation on said road, and for the appointment ot a receiver or receivers of said receipts, Which court, on the proot ot ine lauurp by me president and direc tors of said company to pay said interest, shall have rower I to order such sexjuest ration and appoint a receiver or receiv er accordingly: and in case ol inch sequestration and tho appointment of receiver or receivers, of the profits for trans portation on said road, it shall be the duty of such receiver or receivers to apply so much thereof ns shall be suflicieut to pay the interest on said bonds, semi-annually, and to pay the excess to the president and directors ' of ai(Jcompany. See.' 8". Be it further enacted. That in cite of ihe failure l the president and directors of ,the Wilmingtoimhd' Raleigli Rail Road Company to pay the Intcrcst on; th said bonds," and-jredeem the principal t!wreofr as-the 6aid iflterestand principal, or any part thereof, may become due, then itfhall bo the duty of the Governor for .the time Mhg t o dausa all' the mortgages blade and executed by the president and di rectors of the said Wilmington and Raleigh Hail Road Com pany to bo foreclosed in the Superior Court of Kqrtity (ot the county of Wake: which court is hereby authorized and empowered to take' jurisdiction of the same; and on the de cree of foreclosure being made by said o tin, the' whole es state, real and personal, shall beaold at such times, and jtj I such ways as the court may direct:' and out of the proceeds I of such salo ot sales shall fo paid thd whnlo amount of th principal and intciest which may be dne bu said, bonds, nnd all othf liabilities t whafsocvor of the St te for and ou ac count of said company; Provided hou'ercr', that nothing in this act contained is intended Or shall lie so construed as to destroy or impair any security or secuiilies which thp Stote uo w has for any monies advanced tn of. for aVid com pany or foHndcmtiity agatnst4ier ficcuntyship (or said' cotnpany. ' , - , ' - : .' , .Sec. 9. Bt it further enacted, That in case the president' and directors of said company shall fad to apply the procfecd and Incomes of caidroitd according loihe provisiftlis of this act, theri' and rh fhar case it shall Iw, the "duty ' of the Gov cfnof ef tho State for the time being to' compel tlieir com pliance according to tho manner pre cribed in the foregoing sections of this act. " 1 V, . , 4 Sec." 10,' Be if furlhef enacted, Tnaf in caso tlV. said Wilmington and RiIeigH Kail Road Company, shall impose upon the Public Treasurer of this State, ' the duty or neces sity of negotiating the'sale of the bonds hereby autliorized to be issued, the said company. shall pay to the 'Pub'ic Treasnrer for his4' wrVices in' that" behalf tli "siini 'of t wo hundred dol la t?, provided the said, Public .Treasurer, nego tiates the same, or in the same proportion 'for any sum less than the wiiqIo amount. . f . ; pec. I. Be it enacted bu the General ' Atemll' r iKr S'ule of North Carolina, and it is -hereby, enacted by the authority of the name. That ail the bonda iIiia to tha nil of Internal Iinprovcmeutv an4 secured in whole or in part by mortgage toJhe ameuBt of fifreea thousand six hundred: and thirteen dollars, as appears from the report of said Board' of Internal Improvement, made to this General Assemblyt be, and the same are hereby transferred to the Public Treas iirv i r .., . - - . . 1 ,J9ec. 2. Be it further enacted, TtsX tlie Public treasurer'. upo the receipt of the bonds as aforesaid, shall proceed lb collect the same, as speedily as may be; and whensocol-r lcctedror any part Urreof, he lhalt deposit the same in the Public Treasury, to bi used as other public funds. ; -Sec. 3. Be U further, emitted, That the dividends' of profits arising on one hundred and twelve sharer of stock owiieriy ihe interiinV itnproveinentTfu Cap Feaicbc and the smiw are hereby transferred to the my, ,. .. vs.- . , .x t?.- '' -H-4''f-ii '- oil account of Wierokee bonds,, whether principal or interest for lauds- heictefore 3ddf and all monies paid on account of Cherokee ;lands hereafter to- be sold, which shall be .re-: ceivcd at the Public Treasury until the first day of January, 1849, lie, and tlie same are hereby difUcted to be placed, in' tho Public Treasury, and used as other public funds; and) that the Public Treasurer be, and he -ia hereby directed to carry to the credit1 of (lie mternar Jlnprovemenr Amd, on rfie books of the Treasury, from lime to time, all such sums as may be received under ibis section; and that he also crediV the same fVind, for all such amounts at he ma receive un-- dcr the first and tlrfid section of this act; so as to shew a all times tho tfuo amount' which the public fund, is indebtedr IVJ IlltUf IRI IIIIJM vm?iuciiv f IIHU Ratified 8t- day o( January lSir.JI All' Act1 tq provide for the transfer of iho; bpnds of tlie R'av -leigh and Gaston Rail Road Company, endorsed , by tlie, "" 8ec" 1. Be it enacted fry, thi G'eneTat MstmhUf tf' tha State 4fN0Cmliaarn authority of the same. That whenever aUv Holder of a bonds of the Raleigh and Gaston Rail Road Company, issued1 by1 virmo ui mo ocv ui m ueuenu AsscraiMy, nauuea me 7tn day of JbnaarytA. D.: 1839, entitled' "an act . for the relief , of t'ie Raleigh and Gastoir Rail Road ComDanv.Cor of ihe '. ac$ Ratified tha 2th day of January, A. D. I84l,f cntitledt Man act tb-secure the State against any and every liability incurred for the' Raleigh' andr Gaston' Rail1 Road Company, and for the relief of the satnevt and endorsed' bv the Dublic ' officers, as directed in raid act, o s- to' bind the State a. surety therefor, 6jiail have agreed to' sell such' bond to1 any other person, than it shall; aud may be lawful for the Pub lic Treasurer, upon such bond being surrendered to,? and cancelled Jby him, to jssue to the ; purchaser, thereof i niw bond, in the lorm, described ai' rolIOMtri, to wit Ho. 1 -- --r, dollars, tlie State of. North Caroliua promises; to pay to-. r-r-the sum of , ; dollar, With: interest thereon, at the rata of six ner centum, ner Annum., from the date lusreof iihtil paid the principal' to be paid op the: urei uay oi January , . . , and the interest payable semi-; annually on the first' Monday in July, and the first Monday iu Janliaryy iu eacb and eVery year,- after the date hereof, . . at the rubtic Treasury, in lieu of a like amount of bonds of the Raleigh and J Gaston' Rail Road Company,- in which the State was surety tinder the' provision of an act of the General; Assembly, ratified the 7th day "of January,' A. IX ISaa, or tho 12th day of January,- A.-1, 1811,- as &e ease may be, ; entitled 'an- act &e." (here .reeiting- the Jiilla, which have been surrendered' Up and cancelled, in confbr- I mity wrthllie provisioDs of this net, (reciting-the ratificatiorii . 4iudiittoiof tliwact - ZZvLLvlM:jiii:.LL-.L.Jl la tcmionyrvhereof;? y . .r t , public Treasurer, bar hereunto set his hhpd, and'1"" ''''' -r , toinptroiier oi l'utlic Accounts, hath attested these prfcsent )IS Uiy 01-h A. U. van i i 'HIT .f-fo H'ni'rt ' I Scc; Z Vfls it further- enacted, That the new bonds al -lowed by thi act to be issued, shall be transferable at the PuMic Treasury by tho holders of the same, or by his agent , or nttorrmy, in a hook to bo kept fortlmtpurposo; and all fioudi issued. by virtue either of the first or second section of thi net, shall be did registered by the Public Treasurer. . Bee 6.- lie Jl J miner enacted, That the faith of the State, shall lie and is hereby pledged tar the holders of the bonds issued under ijrjs act, for the payment as fully, Jo all intent and purposes, 4it now is for the bond of the Raleigb aodT (laMoii. lUU.ReAl Coniyany aforesaid.' .t kh Lv ;fj.i . - Sec. 4. Be it'mrther enacted, 'l'hat thir act sliall be la lorco irom juiu ier.H raiiiicauon ) ..r5 --n f ,'fttatiGbd ISll AfJa'rji I8ir.f i-- ,iiv ' '. ..." Jt it i.l; V ; '..I ';,-' !' . .. ', : . "K- ."vet ; t ." r, .. An Act amlionzliig the Presidciid. Direciors of the Lit ,, craty Fund to iransier to ; the , Public Treasury certaio notes, bbtids, and judgments, ahd for other purposes. .,, Sec, 1., lit it enacted, by! the General Assembly sf tlie Slate of North, Carolirm and hereby enacted by the authority of the same That it shall be the duty of the presi dent and directors of the Literary Fund, and they are here by directed to- transfer to tho Public Treasury, certain bonds, notes and judgments now, hell by them, ;eonsismi2 chiefly of the ; unexpended balance appropriated" lo drain swamn. rands, npon the PiiblicJTreajsurer's executing l said board," ihe Stale's obligation for the amount ofsuch bouds, note and judgments, conditioned' for the faithful payment of the? iuterwt annually, and the repayment ef the sanjs to thr
The North-Carolina Star (Raleigh, N.C.)
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Feb. 24, 1847, edition 1
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