Page:United States Statutes at Large Volume 3.djvu/658

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Statute II.


March 2, 1821.

Chap. XVII.An Act confirming the location of the seat of government of the state of Illinois, and for other purposes.

Act of March 3, 1819, ch. 95.
Four sections of land, &c., selected by commissioners for the seat of government of Illinois, confirmed to the state.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the four sections of land, including the section number sixteen, in township number six north, range number one east, of the third principal meridian, heretofore selected by commissioners appointed for that purpose, for the seat of government of the state of Illinois, be, and the same are hereby declared to be, confirmed to, and vested in, the said state, for the purpose aforesaid.

The governor authorized to select a section in lieu of No. 16.Sec. 2. And be it further enacted, That the governor of said state be, and he is hereby, authorized to select any unappropriated section in said township, for the use of the inhabitants thereof, which shall be in lieu of the said sixteenth section.

Approved, March 2, 1821.

Statute II.



March 2, 1821.
[Obsolete.]

Chap. XVIII.An Act to extend the charters of certain banks in the District of Columbia.

The charters of the Bank of Alexandria, the Farmers’ Bank of Alexandria, Bank of Washington, Bank of the Metropolis, the Patriotic Bank, the Farmers’ Bank of Georgetown, the Bank of Columbia extended.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the acts incorporating the several banks in the District of Columbia, herein named, that is to say: The Bank of Alexandria, and the Farmers’ Bank of Alexandria, in the town of Alexandria; the bank of Washington, the Bank of the Metropolis, and the Patriotic Bank of Washington, in the city of Washington; the Union Bank of Georgetown, the Farmers’ and Mechanics’ Bank of Georgetown, and the Bank of Columbia, in the town of Georgetown; be, and the same are hereby, extended and limited to the third day of March, which shall be in the year of our Lord one thousand eight hundred and thirty-six, under, and subject to, such limitations, modifications, and conditions, as are hereinafter enacted.

Interest at the rate of 12 per cent. per annum, for failure or refusal of the banks to pay their notes in lawful currency.Sec. 2. And be it further enacted, That if any one of the banks herein named, shall, at any time, fail or refuse to pay, on demand, any bill, note, or obligation, issued by such bank, in lawful currency of the United States, when required, or shall neglect or refuse to pay, on demand, in like currency, if required, any moneys received by such bank on deposit, to the person or persons entitled to receive the same; then, and in such case, the holder of any such note, bill, or obligation, or the person or persons demanding such deposit as aforesaid, shall, respectively, be entitled to receive and recover interest on the same, at the rate of twelve per centum per annum, from the time of the demand until the same be fully paid and satisfied.And Congress may revoke their charters. And further, It shall be lawful for Congress, forthwith, to revoke the charter of such bank, and to provide for liquidating and settling the accounts and affairs thereof, in such manner as to their judgment may seem expedient.

Officers and directors of the banks liable to prosecution, by indictment, for fraudulent practices:
And to be adjudged felons on conviction, and suffer fine and imprisonment.
Sec. 3. And be it further enacted, That any president, director, cashier, teller, clerk, or other officer, or servant, of any of the said banks, or of the Bank of Potomac, hereinafter named, who shall withhold, withdraw, conceal, or embezzle, or connive at the withholding, withdrawal, concealment, or embezzlement, of the money or other property of the bank whereof he is an officer or servant, with intent to defraud the said bank, shall be subject to prosecution therefor, in the name of the United States, by indictment, on presentment or information, in the circuit court of the county wherein such offence shall have been committed, and, on conviction thereof, shall be adjudged a felon, and suffer an imprisonment of not less than one year, nor more than ten years, and forfeit and pay