i9S TWENTY-FOURT}I CONGRESS. Sess. H. Ch.75. Rus. 1. 1837. wood, as may be necessary for the construction of the said road: Pro- Proviso. vided, That the grunts herein contained, as well of the use of the public lands as of the materials for the said road, shall cease and determine, unless the same shall be begun within the period of two years from the date of this act, and completed within at period of six years. Armovmn, March 3, 1837. S*¤.m·u·rs II. ""‘_` March 3, 1837. CHAP. LXXV.-——·.x2n dot to give the approval and czmjirmzziian rg/` Congress la three ····—···—*·‘ several act.; of the Legislative Assembly of the Territory of I/Wscansin incorporating ban s. Be it enacted by the Senate and House of Representatives tf the Aczéconflrmed United States of America in Congress assembled, That the following H::3;$g;‘“& acts of the Territorial Legislature of the Territory of W1sconsin, viz; ’ " an act entitled "An act to incorporate the stockholders of the Bank of Milwaukee," an act entitled "An act to incorporate the stockholders of the Miuers’ Bunk of Dubuque," and an act entitled "An act to incorporate the stockholders of the Bank of Mineral Point," be, and the same are hereby severally and respectively approved and confirmed by Congress, with the following limitations und conditions, that is to say: that neither of said banks shall issue bills or notes for circulation, until 0ne—half of the amount of their respective capitals shall have been actually paid in; and that, to enable the directors named in the said charters respectively to comply with this limitation and restriction, they shall be authorized to make calls, according to the provisions contained in the said charters, to am amount not exceeding, at any one time, forty per cent. upon the whole stock subscribed by each stockholder, and shall. not be restricted to ten per cent. at any one call, as is provided in the said charters; and that neither of said banks shall have any authority to enlarge or augment its capital, or to make it larger, at any time, than the sum of two hundred thousand dollars, without the consent and approbation of Congress previously obtained; and that neither of the said banks shall, at any time, owe, either by bond, bill, note, or other contract, over and above its actual deposites, an amount to exceed twice the amount of its capital stock actually paid in, instead of the limitation in this respect contained in the said charters respectively; and that each of the said banks shall have complied with all the requirements of their respective charters, as altered, modified, and restricted by this act, so as to enable them to commence the business of banking, and shall actually have commenced banking on or before the first day of January next, or their charters, or the charters of such of them as shall have Bziled to comply with this limitation, shall be void and of no eH`ect; and the acceptance of said acts of incorporation, by the grantees or stockholders respectively, shall be deemed and taken us uceeptences, _ subject to the conditions and limitations herein prescribed; and any infringement upon, or violation of, the provisions and requirements of this uct, or of the limitations and restrictions therein contained, on the part of either of the said institutions, shall forfeit its charter, and put am end to its corporate powers and privileges. Approved, March 3, 1837. RESOLUTION S. March 2, 1837. No. I. A Resolution to enable the Postmaster General mom: readily to change the """‘°"""""` commencement of the contract year in the Post Office Department. Resolved by the Senate and House of Representives of the United States of America in Congress assembled, That the Postmaster General Postmaster be, and he is hereby, authorized zmd empowered to let the contracts for Gcneralauthor- the transportation of the mails in those sections of the United States
Page:United States Statutes at Large Volume 5.djvu/234
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