Newspapers / The Weekly Raleigh Register … / Jan. 6, 1806, edition 1 / Page 1
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'Y 5 yyili 'v'tv p 'Monday -jAUAlty 6 18Qg , rrJ;j' J "1t rC No. 32p ' .1.': - . I,.. -t .;::!'':.. f 1"''-... . ,s !- .,v i' I . -i " i" ):. t'tj (t Carciuha ?LaVtis of PafTed at the iSeffion of Affeimbly ending bn'the'aialDe'ce'mber, 1895. , An act for incorporatmg and establishiha Bank th name and title of the State ; , Bank of North-Carblina. ,: ' - t I J ffiaKS 4; General ;AJfcmbly of tfic Stale of NorthXdrotindi and ; ilhtrchrtnaBcd by the authority ,o the fame, Thata Bank, by thc( name, and tiffe of the State Bank of North-Carolina, be eftdblifhed, the capital ftock whereof fhall notexceed four hundred thouiana dollars, wnicn maiKDeaiviaea inioinares of fifty dollar ea'chl And -the fubferiptions towards cdnftituting the faid ftock fhallj'on 'the 'firft day of April nex be opened at tbe court houfe in each county in this StiteV for pne'hundredlhar of the following peffons,Ho wh V Fqrthe cpurtty of Aflie, John WMiilan, John Calloway and Bed. Beard ; Buncombe,.David Vance, Andrew Erwin and Geo. Swaine; Burke,j Colonel .Williana 'Erwin, -jbhncH -Ste vdie, Robert.. Logan lames Murpheyj and .Thomas Coleman j-'LidcplhV'Pcter 'Forney , Jacob Sum- . . ..: .'.'.....11' . . '' " ' '.Wi :' '' '"' ' t ' t . . ' ' 1 and Thomas. RPwland; Wilkes, jonn Jbrown, len. , james rauon,, uenerai James Wellborn and' jbhn "Bryant ; Cabarrus, Rpjbert' Wafliington Smith, John Phifrl and JohnTSirtiianer Guilford, . J ofeph Davis, (q. George Nicks and William Trafs 5 Mecklenburg, David Cowan, William Davidfbn, James Fanis ; Montgomery, -James T.: Sanford, Robert Palmer, James Knowles and Henry Marfhall; . Iredell, William Young, James Irwin and John Nefbit, jun. Rockingham, Abraham Phillips,, Robert Galloway, and John Lenox ; Rowan, Richard Trotter, Edward Yarborough, Peter Brown, Hueh Wilfbn and lefie Hargrove : Stokes, Chriftian Lafh, Thomas Arm-S ftrong and Jeremiah Gibfon; Surry, Jeffe Franklin, Nathan Chafin and Ni cholas Horn; Cafwell, Solomon Graves, James Rainey and Jethro Brown; Chatham, James Taylor, John Mebane and Murdoch M'Kinfey; Granville, John Nuttall, Thomas Littlejohn and James W. Smith ; Orange, Gen. Samuel Benton, David Mebane, Jonathan Lindley, Catlett Campbell' and Wrn. Cain; Perfon, Wm.&ckvHerndon.Haralfon and Samuel Die-kins;. Randolph, Wrn. Bell, Simon Gearie and-Joftiua Craven; Wake, John Haywood, John Cra ven, Wm. White, Henry Potter, Wm. Polk, Sherwood Haywood and Jo feph Gales ; Edgecomb, James W. Clark, Jofeph Farmer and Benjamin Brick ell; Franklin, Stephen Outerbridge, James Yarborough and George Tun Hall; Halifax, Edmund ones,k Lemuel Clifton,. Edwin Turner, Eli B: Whi taker and James Smith, jun.. Martin, James Carmer, Wm. Clark and Wm. M'Kinfey ; Nam, George Boddie, Samuel? Weftray, Wm. Arrington ; Nor thampton, , Gen. Allen Jones, Lawrence Smith, Wm. Amisand John Lock hart ; Wajren,! iiPeter R;5 Davis, M. -D jbhnibn, Richard Davifon.and Ro bert Parks1;! Bertie, Jcfeph H. Bryan Wm. L. Gray and Wm. Burlingham;' Camden, Ifaac Lamb, John W. Homer and Enoch Sawyer; Chowan, John Skinner, John Little and Alexander Milieu; Currituck, John Scurr, John Williams, J. T. and Samuel FerclDee; Gates, Humphrey Hudgens, Law rence Baker and Jofeph Riddick; 'Hertford, Jofeph T. Dickfon, Thomas Wynne, Lewis4" Watters and Thomas Browp ; Pafquotank, John Shaw, Wil liam S. Hinton, and Francis Grift; Perquimons, Samuel Nixon, Wm. Jones and Wm. Blount; Tyrrel, JohnA. Patrick Samuel Spruill and Chas. Spruill; Wafhington, John Armiftead, Martin R. Byrd, and Jos. Phelps; Beaufort, J. G. Blount,, falter Handrahan and Wm. Rofs; George Read, Micajah Pi gott and Wm. Thomas; Craven, John S Nellbrf, Benners Vail, Benjamin H. Martin, ' George Leach and WHiam Bryan ; Greene, - Thomas Holliday, Benjamin Evans and Charles Carr; Hyde, Seth Hovey, Seldoa Jafpcr and' Jofeph Mafters; Johnfton, Gen. Hardy Bryan, Reuben Sanders and Jofeph Boon, fen Jones, Richard Weft, Fred. Hargett and John Becton ; Lenoir, Simon BrutonJ John Gatlin and John Washington; Pitt, Benjamin A'kinfort, Oliver Smith and Francis Bond; Wayne, jProbert Collier, James Safter, Si las Hollaway and Tames Rhodes ; Bladen, Gen. Thomas Brown, Jas. Brad ley, Ifaac, Wright and :Samuel Richa7dfon ; Brunfvvick, Benjamin Blancy, John EJlis, John 0olsjunl;Sam Flowers; Duplin, John Wilkinfon, ; Jofeph Gjllefpje and ndrevv M'Intyre : New-Hanover, Chrifto- j pointed in the cbun ties of Bertie, Carriden, Currituck, Gafes, , Hertford Paftjlio- thi n the ; jime aforefaid, trahfmit their fubfeription papersand all monies the y shall have received, to the commiftioners appointed for the county of ChoanV And the.' Gommiffioners appointed for -the counties of : Beaufort. Carteref j Greene, Hyde, Johnfton, Jones, Lenoir PitUnd Wayne, (hall, in like man fner, and within the time aforefaid, tranfmit thetrfubfeription papers ahct air j4wua iucy uiainiavc receiver, 10 me commuuoners appointea tor tne county of Craven. . And the Commifiioners appointed Tor the counties of Bladen' wiuiiiwaK, xuuiin aiiu uniiowv man, in iiKe manner ana witnin tne time a- pher Dudlev. iun. Richard Nixon," Tohn Hill, Thomas Hill and Richard ! Lloyd; Onslow, Gain RpOTp Firnd Cum berland, Robert CocraftilcUfonj ivV.ml' Lord,' John Hay and Dun, dii macKae ; MOorMttrdPJ:n iSetnune, Kicnaruion ragm, w nuaiu muiun nd John Mverichm dohn Clarke, Angus Gikhrilt anpHenrv W. Harrington ; fm Iflaa Jackfbn-,Rober(Harri Robert Corrian and Wm Johnston ; Robelon, lames M'Oueene,- Wm.iNorment, Win. Afliley and Randal Gjry.; Sampfon,' James Blanks, LwehHolmes ancl James Marley. And ajqnty;of the (aid cmmifnoners,Hat the-places above-mentioned ref- r-ii veiyj mall be iuHicient to perform the duties ortneirappomimcm. i 1 ncy keep thejfubfcrip'Uons open their refpeBive counties, MurinbiclUimc no fufe except from re- fidents of fuch counties. ? V ' ; II. And- be it further: enafted -That the commifiloners appointed for the j aunties oi A inj24, buncombe, Lincoln, Kutnetrpra ana vynses, wimm xen ays after trie; time allowed for taking of fubferiptions in faid counties, fhall gomery, Iredell, Rockingham, ; Stokes an'd Surry, fhall, in like manner and uhin the time abrcla!d,'tranlmit' fiiall ha e received, to the Commiflionefrs of the county of Rowan. And the v-ommilfioners app'ointed for thebunHei rofCafwell, Chatham, Granville, Per fcn and Randolph,.. lhall, in like manner and within the time aforcfaid, tfanfmit tx fubfciiptbnpapers and albmonies they (hallv have received, the com illloners appointed for the county of Orange. And the Commiftioners ap pointed for the coumies oC Nah, Northamp ton and Warren, shall, in likeKmanrter ancl within the time aforefard, tranfmit li"eir iubfeription papers andall monies they shall have received, to the Com- Ujoners eDnoiTted fvir fK rnnntv rtF HalifavJ And the Commiftionrrs an- RoBeioh arid iSampfon, shajlw in like manner and witnlri:the time VfprelaioV tranfmit their fubfeription papers and all monies they shall have received, to , the Commiflioners appointed for the couuty of Cumberland. s' ' r 1 III. And be it further enatied, That the commiflioners appointed for the faid counties of vBurke, Rowan, Orange, Halifax,, Chowan, Craven, New Hanover and Cumberland, after the fubfeription papers and monies collecled within the feveral counties in their diftricl, lhall be lodged in their hands' by the County Commiffioners, unlefs the whole number of fhares allowed to be fub fcriied for fhall then be filled up, fhall continue the fubferiptions open in their faid counties for and during the, term of twenty days thereafter, and no longer; and fhall, immediately after the expiration of the time aforefaid, tranfmit all the fubfeription papers 'and monies by them received; to the Commissioners ap pointed for the county of Wake. And the faid Commiflioners, upon the re ceipt of fuch fubfeription papers and monies, fhall lodge the fame and every part thereof, with the'Treafurer of the State for the time being, for his fafe keeping, until the fubferibers fhall have elecled Directors of the Bank herein and hereby eftablifhed, and immediately thereafter to be under and fubjett to fjch rules, regulations and reftriclions, as the Prefident and Dire8ors, or a ma jority of them, may-think proper to ordain, appoint arid direct : Provided rif verthelefs, that nothing herein contained fhall debar the Commifilonners for the county of Wake from keeping the fubferiptions open in their county for and during the term of three months from and after the firft day of April next. And provided alfo, that if the fum of three hundred thoufand dollar? fhall have beeri j fubferibed throughout the State within the term of three months after the firfl day of April next, then and in that cafe, the Commiflioners appointed for the faid county of April next, then and in that cafe, the Commiffioners appointed for the county of Wake, fhall not permit any perfon or perfons, copartnership, body politic or corporate, during the refidue of the faid three4m0nths then to come, to fubferibe for more than two fhares each. IV. And be it further enaBcd, That it fhall be lawful for any perfon, co psnoermip, body politic or corporate, in perfon or by attorney,' refiding and being in the several counties, during the firft twenty days allotted for fuch county, or living in the diftricl to which his county belongs, during the fifty days alloted to fuch diftricl county; or living in the State, during the three months that the fubfeription fhall remain open at Raleigh under the fuperinten dance of the Commiftioners appointed for the county of Wake, to fubferibe for a fnare or any number of fhares not exceeding thirty in any one day (ex cept as hereinafter fhall be directed refpefting the S;ate of North-Carolina.) But if the Commiflioners at Raleigh fhall, at the end of three months from the firft day of April next, find that the amount of fubferiptions throughout the State exceeds six thoufand fhares, or three Hundred thoufand dol lars, being the fum allowed to be fubferibed by the citizens, the excefsthus created, fhall be .reduced to the number of fhares authorifed to be fubferibed for, in manner following, thatis to fay, from the fubfeription high eft in amount, the Commissioners at Raleigh fhall fubtract a fhare or fhares, until the same ftiall be made equal to the fubfeription next higheft in amount; and as often as the cafe fhall require, they fhall fo proceed to fubtract a fhare or fhares from the fubscription or fubscriptions remaining from time to time the high eft in amount, until the aggregate of all the fubferiptions be reduced to the num ber of fhares authorifed to be fubferibed; and if by and after the operation of fuch fubltraction as often as the fame fhall be neceflarily made and repeated, a greater number of fhares may be allowed to one or more of the fubferibers than to the reft; or if the number of fhares fhall be eventually greater than the number authorifed, that at leaft one fhare cannot be allowedto eachandevery fubferiber, then and in either of the before-mentioned cafes, the Commiflion ers fhall afcertain by lot in whom the greateft number of fhares, or the right of fubferibing for and retaining one fhare (as the cafe may be) fhall be veiled, and the perfon or perfons in whofe favour the lot may thereupon fall, fhall be deemed, to all intents and purpofes, the lawful fubferiber or fubferibers for fuch fhare or fhares refpectively . And the amount of the fhare or fhares fubferibed for (exceptin thecafeof the State) fhall be paid by the feverajand refpective subscri bers in manner following, viz. ten dollars at the time of fubscribing, ten dollarsat the time the stockholders first meet to elect Directors, and ten dollars in every fixty days thereafter, until each share fhall be compleated; the firft payment of which fhall be 7 made in gold or filver, the fecond in gold or silver,-or the pa per currency of this State, at the rate often fhillings for a dollar, and the o ther payments in such monies as the Directors firft chofen fhall, by their refo lutiou, direct- Provided always, that it fhall be lawful for any fubferiber to pay the whole of his fubfeription, or any greater part than is hereby required, before the time above limited for the payment of the f?me ; and each and eve ry fubferiber fo paying in advance, fhall have a difcQunt of fix per cent, per an num on fuch advance. V. Me it enatled, That all the fubferiptions, and the fhares obtained in con fluence thereof, fhall be deemed and held to be for the foleand exclufive ufe and benefit of the person or perfons, copartnership or bodies politic and cor porate, refpectively fubferibing, or in whofe behalf the fubferiptions respec tively fhall be declared to be made at the time of making the fame. A nd bargains, contrafts, promifes and engagements, iu any wife contravening thi provifo, fhall befcu!! and void. And the perfons, copartnerfhips, or bodies ir t i . -1 i , vT' V V
The Weekly Raleigh Register (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 6, 1806, edition 1
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