(-
7TMMMS SSMJVK JBf iljMj ■ fi / § 6. No bank BhalMieroafter make any.
AS IT PASSEIJ B(>TH HOUSES. ; fluan.or grant any, discount to Ilio cashier,
- i . .... . , - .Rieller, clerks, purlers, or servants thereof,
J* .*'.i, * enacle< t> 3 >f -; H |at !*’ om n, ~?or cither of .them be allowed to' keep any
the passage ol this ad; the scveral». n .j vate ()| . individual ftccdunt in or with such
•banks wi htn this commonwealth sliall.be Nor shalPany ■director if any bank
4 Payment .Of their hilts, notes, -become the surely ol any officer, clerk, or
and other liabilities, in the same manner ihiit? (l (hcr person in ‘the employment of •such
natural person? or individuals are now lia-| bank . But any loans or discounts so made
■“le, agreeably to the existing laws of <his| or gl . an(P( | priorlo tile passage of this act.
commonwealth, and the penalties and for-| in „ the opinion of -the directore the
ieitures to winch the said banks arc is expedient, be renewed, sufficed, how
nnd liable acting to the provisions oftljo» ew t |J e reduction named intiieprovis
several acts of assembly .in such cases iiade| iunto tlle ncxt prccc(]i sect ion. ..V .
and provided for tl« non-payment of the.rj §7- At J Pllelal feting of thcatock
liabilities on demand be. and they :B re or an J y b e i cc u on for difeetbrs of any
hy repealed. . ■*- fbank held in pursuance of law, each sharp
,■§ 8. It shalLand may be lawful for- any of slock not exceeding fifty, bona fide own
■of said banks during the term of five years cd and held for threecalender imfnihs next
from and after the passage of-this act, to is- preceding-such general election, shall enti
siic, circulate and'ieccive bills or notes in fle the holder thereof to onC vote, and all
the form of bank the denominations shares so owned-and held; above fifty and
sif one, two and- three-dollHrSi--puyable on not cxceeding onc liundred.'shairehfitlejilie
demand, to any amoant not. exceeding in holder.thereof to one' vote for every ,fiVc
the whole fifteen per cent, on the amount ol shares so owned and held, above one Ivun
*he capital stock of suclibahk actaally paid dred shall,entitle the holder thereof to one
in. And any law prohibiting the issuing, vote for every ten shares; Provided, That
passing, or receiving of the bills or notes of ( |, e stockholders in any of the banks of the
a , n y„o ank °f' the denominations aforesaid,(commonwealth shall vote in proper person,
shall be and the same.is hereby suspended| an ,i no t by proxy,or attorney. ■ ■ '
for the term of five years aforesaid: , Provi-B § B . At t | ic ncxt annual e f ection 0 f direc
ded that the total amount of all denomma- Jams and thereafter;™ person shall be elect
iions of bills or notes which any bank may e d to serve ab a director in any bank unless
tnake or issue shaH not at any tune exceed | le hold in his own right of the capital thcre
the following limits: that is to say. where Lf. at the par value in the proportions fol
the capital stock-actually paid in does not Mowing, that is 1 to say: when.the amount of
■exceed two hundred thousand dollars, the [capital stock so paid in is not less than three
amount which such hank may so inakejn' ? mill ions of dollars.tlicamount of stock soS
issue shall not exceed the .amount of such [held shall not be .less than three thousand!
capital in ore than filly percent. \\ licnlhc [dollars. When the amount of capital stock!
capitalstock actually paid in exceeds two [paid'in is .not less than two millions of dol-B
hundred thousand dollars, and docs not ex- d al - Sl the amount of stock so held shall not!
cccd four hundred thousand dollars, the a- [be less than two thousand dollars. When!
mount of which such bank.may so make oi|,he a niount of, capital stbek paid in is not!
issue shay not exceed the amount of:-said [leas,.than onef million of dollars, tire stock soS
capital more than thjrty-Beven and a' half [held shall not be less than one thousand doI-S
percent. And when the capitalsopaid in || ar ». .When the amount of’ capital stock
exceeds four hundred thousand dollars, thegp U ij ; n ; s i e5S (| lan one niiiltou of dollars,!
amount which such bank may so make or i lhe Bto ck so held shallnot be less ihari five'
issue shall not exceed; the amount: of said {hundred dollars: Provided. That any per-!
capital more than twenty-five per ceht. Nor | SO n holding-stock as aforesaid, in the bank
sha 1 any bill or note payable alter date. bei 0 f Pennsylvania or the Philadelphia bank,!
made or issued by any. bank.-which sliall| t(M he amount Of one thousand dollars, or in
liave a longer time than one hundred andlfoe Columbia.bunk and Bridge company, to
thirty days to run towiatunty,norsliall of five hundred (follare,’ shell b'e
of-said<bilts.ornptes payable after as atdiveetorbn flic-part of-the.S(ate
jhadepr issued for uhy less sum than five|i n , sa - u fbanks respectively, but no perSonl
hundred dnUarV,-ifof;«Hhttlw more than one
thereof exceed ten pel* cent, of the total at llie same-time/nor in the samabank
mount of bills or notes ol all_dcnominationß|jf located in the city or county of PliilatleU
which any may make: or issue as aforesaid, gphin', or city of Pittsbuig, for more than three
. .5 3, The total amount of debts and’ 1 lahdr iotit of every four years, and not more thanf
ities of any bank, exclusive of sums, due for three-fourths of the directors in any bank ifu
deposits,shall not at anytime exceed clou- located in the dity or county of Philadelphia,!
blc the amount of its capital stock actually .ir city of Pittsburg,-shall be re-elected fori
paid in, nor sha 1, the tpta-amount of debts the succeeding year, except the’president!
and claims, exclusive of the cont.ngeutiiiml f« r (he time being, who shall always be eli-|
to bo invested ns heremalter providoa, due . . J B
or any-baiifc at any time I § 9 cE very president, director, cashier or!
cxceiafidpuble the unMWtor its capital stock other officer of any bank, shall before taking!
actaally paid nn lhatfundsd- on-him'self the duties of his office, take and!
posited by any within any other bank subs cribe an oath or affirmation before some!
linens com.iionwealth fmthe pay to cut or| ju j alderman, or justice of "the peace,®
. redemption ofotjic bills or notes ct the bank|, ait Kfullv to discharge the duties of his of-S
depositing thf same. shall not he con 6 ide.eil|( ice> anc f tt) o bBei -ve and comply with the!
the provisions of this sec-fi| awB o( tbiB CO minonvvealth in relation tog
w :pn. > : ; ‘ ■ hanks, which said oath ov' affirmation sliallS
§ 4. Tliototal amount wliicli any bank be in writing and registered In a book kept®
may directly or indirectly invest in or ad- fur that purpose. J
, vance upon any stocks, loans or other seen- §lO. If any director, officer or other per-P
rities in the nature thereof, including its son concerned in the management or beirigl
own stock, the stocks or loans of any state, in the employment of any bank, shall wil-S
(those of this commonwealth excepted) the fully and witli a design to defraud, make.bri
stocks or loans of the United States, and the cause to be made any false entry bn theP
stocks or loans of cities, counties, boroughs, books of such bank, or any false return of|
incorporated districts, institutions or com- the,state or condition tiiereof, or forge, or|
panies, whether the same be purchased bona alter, or cause to be forged or altered, any!
tide by said, bank or held collaterally by it- of tlie minutes of the board of directors, ori
self or others, to secure the payment of any any statement or account in any of the booksf
advance, loan or discount made by the saidl or records thereof..by which the true condi-8
bank, shall not at any time exceed the pne-iiioh of suclr bank shall be disguisedjr con i
tenth part of the total amount of the debts cealed, or shall fraudulently make or issue,!
and liabilities of such bank, as limited in the or cause to be, made or issued, any false pa-S
precedingsection of |h|s act. Nor shall any p er ,or certificate; relating to the a Hairs off
bank at any time make advances, loans or such bank, or to the capital stock thereof, oi l
discounts upon any such stocks, Ibans'or o- which would in any mauneT-increuse the li-H
ther securities in the nature t|iercof, (except abilities of such badki of shall embezzle oi l
as above excepted) or wlicre the. same may fraudulently.convert to liie'own.usc or to thef
be taken dr held collaterally ns aforesaid, use cf any other person, any bullion, miin-K
which shall in any case; exceed.(wo-thirds ey,-.note. bill, check, draft, certificate, obli-f
of the par value thereoi. And , when cur - gation, or security, .or any other property orS
rent market value in cash cf such stocks, effects belonging to or in possession of suchi
loans or other Bccuntics shall be less than bank', or belonging to any person or pereonsf
par, the amount of such,advances, loans-or and deposited therein, he'shall be deemedi
discovnts, shall notin any exceed two-thirds guilty ol a inisdemeanor, and upon cpnvic-i
of such current market value: Provided, lion thereof before apy, court havingcompe-l
That nothing herein contained-shall be so tent jurisdiction, shall be puriished by iih-f
construed as to compel any bank to reduce pi isonmeHt in the jail of the propeh county,!
the amount of such investments, advances, or in any one of the State (penitentiaries, asf
loans, or discounts, made prior, to the pas- in othercases of misdemeanors, foranv.term|
sage of this nct. in any greater ratio than nut exceeding seven years, and to be fined!
twelve and a half per cent, forevery ninety in any sum not exceeding two thousand dol-|
days on thc total amount thereof. l ar8 ; ' V E
§5. No.president, cashier,.or other per- §ll. It shall not he lawful for any banks
son in the employment of any bank, shall ill to make, declare or pay any dividend or o-B
any case, lend the funds of such bank with- tlicr profit to the stockholders thereof,- ex-'X
out thesexpress authority of the bimidofdi- cecdingseycnpercent.per-aniium.andallS
rectors thereof. ACndtheTdial^"vainoiint"of the future-profits of any bank exceeding se-|
liabilities of the directors of any bahk;indi- ven.per cent, per annum, shall; be reServedi
vidually or collectiye|y. wl»ethef directly or and invested as hcreiriaftef-proyided. untili
indirectly to such bank, shall not exceed the lhe;same shall amount to ten per cent, onf
- following limits; that is to say, when the the capital of isuch batik actually: paid ln,|
capital stock of any bank actually jiaid in and thereafter all the said profits exceeding!-
does net, exceed $250,000, the amount of seven per cent; per annum, shall be eatitrlly
said liabilities shall- not exceed the one-sixth divided, one lialf for- the use of the Oummbn
part of thp aggregate loans of such wealth to be paid into' the.
When the capital stock so paid in exceeds as taxes and dividends nre'now required to
$250,000, and does' hot exceed $500,000, be paid, and the other half, together with the
the amoiint of said: liabilities shall* pot ex- ten per cent: above hamed, to be'set hpairt
ceed the .one-eiglith part of the aggregate and inyested by said:bank in the loans ;of
loansofsuchbank. When : the capitalstock t)iis commonwealth* ’tb form a - contingent
so paid m exceeds $500,000, and > docs, mot fund to coyer the losses; nnd provide for the
exceed $1,000,000, the a'inuunt of. said lia- ultimntepayment of all the liabilitiesof said
bilities shall-mot exceed the one-tenth part banke So niuch of said contibgent fund as
of the aggregate loan of shell baiik, -Wlierj at the closing of the business of
the capital stock so pant in csfcccils $l,OOO,- any bank, aftcr redeeining nll its liabilities
OOQ and dees not exceed $2,000,000,. the a- as aforesaid,, shall be divided - pro rata
mount of bjiid liabilities shall notcxcecd the ihhngst stockholders thereof.'Provided,
one-tiyclflll pai't of the- aggregate loans ,bf Tjiat nothing hercin confained shall be con
such bank. , VVhcn the capital stock so paid strued.to exempt any bank froih- lhe pay
in exceeds $2,000,000 anil does not exceed inentof the faxes now imposedbylaw !Upun
$3,000,000;- the, amount of .such 'liabilities alVdividcnds not exceeding 7 per cent, per
sliall not oxcccd thc one-firtcenth phft of the annum, hor from the payment of tiie taxbs
aggregate loans; of _ suclKfbahk;.-, When^^ ; ;lhe|impbsed by .the act of.theTlth June. 1840 i
capital slock so paid in exceeds § J 2. U shall not be lawful for any bank,
tlie amount of such iiabrU.tieß orrcfdsihg tppay pp7dßiikaml' , ii>
eeed tbe one-lwen(ieihpai;|<'f the its notes, bills, depusites of other lia
loans of such bank; The loans, discounts, bilities. (special deposites excepted) in hold
. or advances conslituling tlieliablliließaforc- bir!
«aid;;t(fbehihdeatthediseretitfh : bf iliv)dendPsribtUw.|iniA^ffip>(^^|d^
t l>sf£of» ex ceeding 5 per,
.^fiphp.cpnfaineiiyihll apdlall
of the.fotala^ot^t of^pdjdiallffitiesexisting bills',- depositcs br ojlmr liabilities Ib
at the pasisage-of:pfitf-acirj|i^ahy :^ipatcp rat silyer coini- cxceedingS, percentpcrrabnnnp
tio than twelve and a ha(f fop shtjll.be eqally diyidedTprithousesalidpaiu
tlie preceding section in relation to profits
exceeding 7 percent per annum.^And so'
much of any former law aar-prohibits any]
bank, not paying its liabilities in gold or]
silver on demand; from making loans ordi-j
vidends or issuing its own notes of bills, .-is]
hereby repealed. ■ 7,
-§l3. Each of the banks shall make • out
arid transmit by mail to the Auditor Genef;
al, between "the; Ist and . 10th days of the
months of January, April, July and'Octo
berin egcli and every year,-a statement ver
ified by the oaths of affirmations of (he pres
ident and cashier, of the condition, liabili
ties and resources of sUch hank na they stood
on'the last juridical -days of tire months of
December, ‘ March;' June' and ’ September,
immediately preceding at the time of the
closing of the. business of the bank, which
statement shall be made out in such uniform
manner as the said Auditor General may pre
scribe and shall designate, particularly, as
folI6w's:“~r T ■ " 7 1
First —The UnbilUiesof such bank in the
■ following order:
The amount of the capital stock thereof
actually paid in.
The amount of its hills, notes and other
obligations in . circulation, payable on de
mand.
The amount of its hills, notes and other
obligations payable after date. ’ I
.The balance due to other banks within
this' State.
The balance d,uo to other banks not with
in this Stale.
- Tile amount duc to general depositors.
The amuuntdue to special depositors,
_ The amount due Cor unpaid dividends.de
signaling the amounts if ahy, which!may
have remained 'due and uncalled for two 1
years nfid the numcs.df the parties entitled
to the same.
The amount of all, other debts due by said
bank and the nature thereof.
'Second —The resources 4 of each Bank in the
. V-; following order:
I _ The amount of bills, promissory notes tmd
[bills of exchange, discounted'or. purchased'
by such bank, and not then due exclusive
! of the amount of advances or discounts,, for]
which stocks or loans arc held as 'pollatel'ul'
. ■ .'
~ JTlfei amoun t of advances ordiscounfs jbr
Wf laferal
Security .designating particularly such stocks
or loans’so held. ’ -
The amount of notes of other banks with
in this State. . .....
I'■ The balances due by banks within'this
State. - : ' i ■ ..
I The balances due by banks .hat'within
[this 'State. , . ; -
I Thc-amdunt of coin and bullion of all de
[scriptiohs oh hand.' : '
I The amount of debts due to said bank,
[secured by mortgages and.ground rents.
I -Toe amount of loans owned and held by
[such bank created by the United States," of
[any State, city, county, distinct or borough.
I The amount of Joans to. corporate institu
tions.and companies' other than banks.
I The amount of stock owned and held in
[the.capital stock of other incorporated in
ißtitutioris and companies. - :
The amount of its own slock held by such
.bank. .
I The nett cost of all the real estate held
;by such bank other than its banking house.
The hett cost of the banking house of such
[bank. ’
| The amount of all, other debts duetosiich
'bank-, specifying, particularly .the amount of
[those remaining duc.nndl, unpaid for one,
| two and - three years and not charged as
'lost.
I The amount received by such bank foi
[interest, discount, exchange, rent and al
'other sources.constituting the profits of sucl
ibank, and earned since the declaration ol
the last dividend.
The amount of the contingent fund of said
bank and how invested.- -
Third—«s follows'.
I The amount of the expenses and losses
;incurred in conducting the business of such
since the declaration of the last divi
dend.
r. The aggregate amount owing -by the di
rectors of such .bank, first ns principal, se
cond, as'endorsers or sureties.
I The aggregate amount of advances or dis
fcounts made to .the directors of other banks.
I And it shall be the duty of the Auditor
[General to prepare quarterly an,abstract ofl
[the' several statements which may have been
[made to him, as aforesaid,hy the banks, and
he shall during'the months of January, A
pril, July and October in each year, publish
;ior three successive days the said abstract
in ope of the daily newspapers pub|ished,in
Philadelphia, Harrisburg and Pittsburg.
It shall moreover be the duty of every
such bank to.cause to be published once'in
each week, for-three-successive-weeks; ~d
ring.the months aforesaid, in one or- more
newspapers published injhe city or county
where such bank is located , a fi : ue copy ver
ified, as.aforesaid, of the quarterly stnfe
ments or;returns to be made: to
the. Auditor General. :
§l4. If any bank shall neglect or; refuse
for the period of thirty days, to furnish ;to
{life.. Auditor ,(sen'cra\ the statement required
in-the preceding section, or shall neglect dr
refuse, for. the period bfthirty days to pub
lishHhe samedn the papers of the proper ci
ty dr county, as aforesaid, or .if the Presi
dent.or any of the directors or the cashier
of any hank shall - wilfully ami knowingly
violate the provisions of this act, or any oth
er act forthe government orf eghlationtherc
of.fheyshallindivicluallynndseTerallyihe
liable tor tlre whole arnuunt of the
liabilitiesofsuobba’nfc.andsliallmoieover
be incapable thereafter of holding the office
of President, Directoror.Cashier in thessme
orTefusalohthepavtofanyba'nktdti'ans
afurc9aid,:and,every:such. viotationofthe
thejgoverniricrtt or-regulation of such bahkt
not;hefebyi,nlteced)Orrepealed;sha(lb’6
dk&sharter
fh eren f, and upon proof iof the to’/ the
satisfaclionbf theCourtpfCdminira'Plens
oftlteprnpercounly,.or|nvac^
President Judge therebfVjn
the resolutions nfthetliird
dedirjiijsaid ‘
v,§ril{it'shall bctlißubtyittfilhe Secretary
?of-the£oinmonwealth; immediately affer.the
J passage of this act, to forward a copy there
lof addressed to tlie President, Directors,and
I cotnpanyofcacli of tlie banks incorporated
Iby thc'laWs of this Commonwealth,' who
fshall thereupon convene a meeting
ofthbstockliolders thereof, for the purpose
of sihnuttlngthe provisions of this act for
their acceptance or rejection.. The-said
meetings to be.failed and their proceedings
to be regulated us provided by the respec
tive charters for tlie election of Directors,
and the acceptance or rejection of tins act]
shall be certified to- the Governor by the]
Presidents of the respective banks under]
the corporate, seal thereof, within sixty days]
from the passage thereof,.and (hereupon the!
Governor shall declare by proclamation]
which of said banks have accepted or rejec-j
ted . aforesaid. And if any of said banks!
shall refose or neglect to accept, (lie provis-J
ions of this act in the manner aforesaid, (hen,l
andmcverysuch' case/nlfthe previsions
and penalties of the several acts and rcsolur
tions in force, prior to the passage of this
act, shall continue in force in rclatioii to cv
ery such non-acccpting banki- - r 7*
§l6, So much of any former actor reso
lution as imposes any other penalty or.liigh-J
er rate of interest than six percent, per an
num, in consequence of any bank neglecting
(or refusing to pay on demand in gold drsi.l
lvervifa notes, bills or other liabilities, andg
;so much of any act or resolution, as is lie re-3
[by altered or supplied, shall be, and tlic.samej
Jis hereby repealed. ' 8
j §l7. The President and Directors of. tliea
[bank of the United States, may after tliea
[passage of this act, convene (under tlie pro-fi
[visions of their act of incorporation) k gen-I
[eral meeting of , the stockholders, for tlie
purpose of submitting, for. their decision tlie
propriety of reducing the capital qf said,
bunk, so that the same ednsist of three hun
dred and fifty thousand shares of the value
of_forty dollars each, and amount to' four
teen million's of dollars, and if at such meet
ing a majority of the stockholders then pres
ent shall approve of, and consent to' such]
reduction of the capital of said bank, ,and]
shall sighifyitheir,consent .thereto . in writ-]
ing. the President and Dhectors shalldeli-i
ver to tlie Governor a,copy of the proceed-!
ihgs of such meeting,together-with a dupli-i
cate of tlie consent of the stockholders there-!
to, under tlie corpQra'<c of“Bai<l tiank
[which shidP-tebyf/imjbdem
lice of the Secretary of the Commonwealth
and-the, Governor shall immediately there
upon issue.bis proclamation, declaring' (hat
the capital of the sa.id bank'has been so re
duced. That on the fact of such-reduction
being.ascertained anil proclaimed'as afore
said, said bank shall be released from : so
much of the obligations imposed bythc sixth
section of the act of incorporation- ar re
quires permanent loans to be made to -the
[Commonwealth when required by law of a
ny stim or sums not exceeding’ six millions!
of dollars, and of any temporary loan notl
exceeding one million of dollars in any one
year. • "y
§ 18. No bank of this common wealth shall
issue or -pay out any other than its own
notes, unless such issue or payment be -in
conformity with some special contract or
with the consent of the party to 'Whom the
same arc tendered. Provided, That in case
any bank shall violate the provisions of this
section they shall forfeit and pay the sum of
five hundred dollars to be sued for and re
covered as debts of like amount are by law
recoverable,, one half for the use of the in
former, and the other for the use of the Over
seers-or-guardians of the poor of the proper
city or county where the 'offence shall, be
committed.
[From the New York Herald.\
Arrival of the British Queen—-
hate and Highly important
from Ming luntl.
Great Excitement in relation to the McLeod
" JlJftiir—Navaland Military Frepdfations
against the V. States—Fierce for War-
Panic produced by the News taken out by
- the* George Washington in relation to the
, Bank of the United States. ■'
The British Queen, for which -public ex
pectation hadbecn.excited, for a week past,
arrived at quarantine about three o’clock
[this morning, bringing us our. fulf London
land Liverpool files, to the day ‘of her sail
ling, the XOth of March. ;•
I' The Queen experienced a,very rough and
(disagreeable passage, ami on the SOlh ult.,
[having then been-out 20 days, found herself
obliged to put into Halifax for fuel. She
left’Halifax on the Ist, and, made the pas
sage toxins, port in three days. The news
she bring Tis of the most intense/ interest,
and we hasten Jo lay it before an anxiously
expecting public. ;
The people of‘ England appear to have
been' panic struck at the intelligence which
reached Jhat-cou.ntry by-the packets George
Washington, .United States, and Wcstches
tcr.fiom New York. The first named ves
sel took ou-t the. news of the stoppage of the
United States Bank—the secoqd that of the
indictment of McLeodi and the Westches
ter Mr. .Pickens’ Report in Congress on the
McLeud-affair. These three Causes combi
ned, created a sudden pamcamong allffalas
ses of persons,-utid the Funds at-the - Stock
Exchange yvere materially lowered in' con
sequence.' « .
-We find it u tterly, impossible; inourlim
ited.space, to-give at this moment even’-to
synopsis of thoxo'ihmenta of the press upon
this intelligenccv hutupon-Mr.Pickens’;Re
port, which seems to have created the gicat
estshock, the Globe say a—" The painfu lef
fjejctVgf this intemperate *pariy'document’
must ■ otherwise [.produce -on the strongly
cherished hppegjbf the people of this coon
try,.of anamicable.adjustment of the dis
pute.will be much' relieved by the tone of
thevprraCit>altlta debate which
ensued entheqaestiraofprintingtheßlC’
port,;.. .
sec nothing-iififliis
tyjind.unreasunabledenundaiiunB,’qualified
as jhey are by the strong expreWinpsOf.dis
sehtTand reprubation:with|whlc|t'iH
chived,- to shake bur bcliCf- thatfw
Bldefablp-uneasincss^
teh«OTri;dtaitmiic»i^
report is not the language of men wlto-eiiherj
were convinced that they had a good cause,]
or were.detcrminfed to.go to extremities in]
a ba'd one. ' . ' . ,1 ,} . I
•’l'he Times says—"We shall not quote]
froth the offehsive and unjust tirade,but'vrej
earnestly invoke our readers to study it iri'
ixtinao for. themselves, and then judge what)
chance exists of fair or just treatment for
Great Britain .from those authorities with
which' such a catalogue of insults could havcl
originated.
. • "If the, Harrison Governmqnt be,_jia we WhercaJ a vacancy-has happened in the rep
'believe it will be, against the report, is there refutation ot this State in the House of Rt pre
nol grdnnil. to: fear that they may be too fee- fjpscquence
hle-tnvesist tiie war faction?” ■ ' ' L. a dt J W ' n ! am s - B&tnsey, Esquire, e
otfrto resist Hie . Tvariactioar , . , lected a member of the twt m j -'seventh Congress,
From.thc Money articles in the same pa- from tlie .thirteenth Congressional, District
pers wefind that’the American news caused »Now, therefore, in pursuance of. the. provisions
a panic in the markets, , Hirtaiich case marie by the; constitution of the U.
Dispatch says-VThestoppageofthe £ftda™n^
U. S. Bank will cause a great (leal of imse- VID K: Win'KK. bem/vesietlwith the ex^
utive .aulhoniy-ofthe state ofPeimsylvatilT liave“
brought £24, two years ago, aVc now anx- ls# u , e {l tliiswnt,. berelm cornmnnulns \ou the
ioiislysold at JTI4 */ said l aulManin tp hold an election in the said
The Morning Hctald.says—“The finan t t ,h * 4 '}' <* .
pial and political news from New York pro- mSnwaltli. in, tlie Goose of
duced a- considerable,impression on tliejube United Siatein.'to fill the vacancy'which has
Stock-Market, but the'depth of this impres-|bappene<l as aforesaid, and-you are lierchy rc
sion would be ill - measured by. the and-enjoined-to hold and conduct the said .
decline merely in quotations of stock?, fori^Sfi^hv■ “v^ of U,e V* n :'
, • • | .» -j ,• I ■ f ntr.and hjnn as by law is directed and nmured,
it must be remembered that the funds wcreloiveo miller my hand and the great seal of the
on the rise, and with a firm tendency to a| , Suite at Harrisburg tlys 30th day of March,,
a greater rise still,’' , 4 B id the year ot our laird one thousand eight
The Globe of the Bth snvs—The arrival! bondvtd and forty-one, and of the Cuniiiion
of the Westdicster, from New york,.wbencef^y V^ l p , ,'l^ E "Js , 0 J 5 I ' hft ‘‘ '
shesailcd 16tli February,brings,certaiivii.for-| U; I>E I KlkliN, Deputy Secretary.
mation that the Congress«f the y. .v :
by tliejame majority of lt>3 against 68, hail | In pursuance of tlie above writ, 1 PAUL
voted in favor of the report on the McLeod I IN, SlmrifTpf Cumberland dounty)
affair, which' was calculated to excite lioatii-S t « n ,l ,^ r^^ H ß -‘ Ve P l,, d»c notice
ities with England. The subject being A V;" W”!
taken up by-Congress.the government must|or.casioi,cd by the death of.tiie Hon. William S, ’
of course act in conformity-with the will of s ltamscy.
the innjority, and therefore the chance off Thesai.l election will.be held throughout the
seeing the acts of thg inferior jurisdiction .of *l s r ° ,, "' vs: . .. ~ ..
New Vork overruled by the' General Gov,f .
eminent no longer exists. It makes thej Middleton, Softth Middleton, Lower Dickinson,
danger,of a collision more imminent than it| Lower Frauktlird, ant! Lower Wcatpehnshfiro’,
was before. Our citizens, viewing i t in’ this | wilUbl^ held at the Court Hoilse, in the borough
light, have shown, a much greater degree ofa <,t .?'; irlih . u '’ •
ih arn fh e^a^i. n “ 6 *1 ttestion i ' ni 'Ti*}ngi.^sm’TiiKwnaVii"», t -*wllV > b«s C filelsl”«t *tl»«r r ?ul»Uc
they did on the receipt of the Just-pbeGncr, in Hugebtuwu, m
communication; and stocks fell aor per jftownship. .. .
cent, immediately after the opening of busi-jj T ,K * ‘•'h’ctinn in the district composed of East*
ncssU—4- -- , ' . [.pchinsbdrniij*li : tmv.u»l«ip* w»lU>e-hvUl at the pub.
United Hi— .
tion to the loans contracted lastyear, in Eu-«be held at the public house of John bburb’ ck, in -
rope by that institution* as they.show’’thcßNyw■Cumberland.
very.great extent of liability recently enter-8' T'be election in the district composed of Lis
ed into. To m'eet'its prcssiogengagcmcnts;5 b “V l ' lll< V. 1 - ,l^l 4°' * , 'H, l'i>. will lje held
then, at the period referred to, the bank lw»|“ & HecUon'jo'thl
received the following loans:— 1 wo in Lon-ipart of Allen township, not included in the New
doth—the first for £BOO,OOO, of which half jCnmhgrlinidahd Lishm;n elerjinii districts', will
vyijl fall due in.Apiil, 1841 j and iheremain-J be luld at tbepahlic-.h'ose of David Sheafer, in
der .in April,-1842; and' the- sccond (’ori^ b .',.\ )bel |' sl 'l wl '. il,a ; 1 '' 1 >p w,, shili.
1841, .and Octobci, ,184 S; ,thca|)nhlic Ikhisc til•Joim Hoover, in snid-bni'iiiiub
Dutch loan for £“00,000, rcdeeniable in fivda The ellrtinoan tin'.district compos, dlif M n
years.;. These engagements atnount-tpiJ62,-f l-n ® he lield at the ptildic ivnise .if
400,000, to .wliich is to be added the ifil ,-a^i!' nw in ClmiThtnwn. in s.'iilnuvn-hin—
Of credits oil die aggncyest.ddisl.ed wm'Se '
in Philadelphia;«lJ entered ,tntiinwilhin, the|iev's School House.'*.! said u waship.
space of about.two years. lmd nearly thei. /I'hc cleciinn in the disiii. t composed of the
whole unfdrfuhatply, dciivedffrdin.Englishßbnr.iugb of Newville. aiid townships of Miilbn,
capital, employed too, .be it remembered, loi u l ) l K ' 1 ' Frankfoial, Upper W. siptnnshor. ugh,
savb a part of thc loss which otherwise m u^t»f** 1 'Y t<>11 ,T 1 'P• not included
have faVupon the Americans thoipselveJ;!^
It’was a current remark m New « ork, w hcnßln the bor.iogh of Newville.
the large credits in London in faVnr of then ‘. The election -in the district composed nf the
United S.tales Bank were nia.le’kiumn, llial|J' l ' v ' ns ''.'P ''l Hopewell, will he held at the School
they had served to tealizc furNe\v^Yorkana H< -?a®^' ,n . “ewburg in said township. -
m,ual amount of dybt» ami Toto^
throw the whole weight on England. Suchfiship, ami that part of S mtha.npt.m t vVnship’,
a wreck of a great banking concern has prb-| not included h. the (.ee's'nn e election district,
bably never before occurred* The 100 dol- will be held .it the Council- House, in the. hnc
lar shares, wliich used to ,be at £25 to £26, "ugb ofShippenshurg. , '
previous to the 'first'Suspension' of specie hi^ordlu'cn.^.ml.^abfi!^^mSl’The!2d"'Jnlv
payments, are now quoted at £4 10s., and 1839. it is thus provided.‘Tliat the qualified
that is almost a nominal quotation. electors of parts n'f Ncwmn and- S.mtlmmptoh
It seems to be the nearly universal npin ■ iwoships in the county of Cnm'icrlan.l, hound
ion-that nothing!? now left but a liquidation J , r , < * bv '. lle following jine? jind distances, viz;—,
•ind llelt the Inntrei'-it is ilel-i ve.|o .)„> |Begijinnig,at the,Adanis county line, ih.-nce a
•. -Vi ii r . g V ! -'ej- long the line dividing the townships of Dick inson
it tvill "be lor the ereultois. .Jtmes, -Band Newton .to the tuynpike rna.!, thenct- ailing ’
Most Important turnidket.. tjentre sch.H.l-l«mse, <m-said
. ” - Htni-iiliike, 111 .Vnitnaniptnp township, thence to a
A bQUADUON ORDERED TO AMER-apoint >nr the Walnut Bottom road at It. ybm k'.s,
~V- 1UA1I! - ‘ . B'oc'mliiig IleyhucU's farm, thence aslraight di
■ 'The Times and oilier papers ’stale as hi ; l ""K"'? to the heirs of
... r , v_ _ r s » ||C»c«rKe Clevtf, tlunre along Kvyshir s run to
some part of the Adams cmintv lim*, theiVce along the line of
believed to consist of ten' sail of the /ine.HAclains c« Unly tmthc place of beginning, bt» ai d
which had been engaged on the Coast onjtbc aanu* is hereby clrclumla new and s parme
Syria, had been suddenly ordered off district* t rbe elertion to be brld at the
coast of Jhneticajo support the retJions/ranceßE” hn,lse ~t W r MaxwelP, in Leesbu,rg,
s., J n ... , «/. w: r mt ‘t* • ■Southampton township. . .
8 , r .“. 15 , h Mtmsler.rfir. Fox, «ga.ns/H A hd the sev.-fal J„ Ig.-s and Inspect. rs„(with
the judicial murder of JlicLeod* ; Bth r e.cU*i’kH appointed hv them,Vwho were'vlert-
INFANTIiV FOR 11 AI, IFJIXJ ■ — Y 7. c■i■ .1 mi the tilth of Mavcli, are required to attend
Times also stales that “three battalions /ia(/l a , nt ' plyform at the shidelection the several dh
been put suddenly under orders for l ~i ', ' l K<' ‘< )ll' l'u ' n ir l f' ' a ' v - ■ ■
if. „.i,i„ i. .../.i.. i H And the return Judges of the several .election
fain,, anq adds, God knows how. [he h(>meß ( iistricts of Cumberland c.mntv, are hereby re- .
service of the realm could'he furnished aftcilquired to meet at the Court House, in the 80-,
their departure.*’ . ■roupf’of Carlisle,: on Fridav next lifter the said
r TI'P-Atlas says—% , \Yar \vi(hVAiherlbal^ lt '?* i 9 r 'v«V: :11 ; o,c,h !;k-A---Mr, wiilr certificates .-
must and will as surely follow upon thei,'f. < R ' dcc'lon ip their diiar'cts, .
.. , (v ; r i .i-i-- i . r 1 - - ■Given under mv hand at Carlisle, tins Ist day of
mUrder of McLeod as the l'ght of niorningß April A. D.-1841, Hiufthe sixty-fifth year of
follows the darkness oflngbt; put then IhisliVnicrican Independence. -a i ,
warwill:bea wftr wUhoutatiy irefiiiile ob-B ' - PAUCMARTIN.fiIieiIir.
jeci, except revenge for an injury which ■
cannot be atoned.” ' • - •, ! '
•We cannot occupy any more space with
(liis exciting subject at this time, but we
promise jorit-again hereafter. ■'
I;' The neWTrdm the Continent 1 we find of
very little inthrest. -
In. France every thing is as quiet as at
our former dates.
THE CELEBRATED HOUSE
- ■ ■ .i: Will stand for servicedurtng
/Hl the sen sun, commencing on tlw
(QY JHwBL Ist of Apiil and'ending on the
IS Li I ofaluly. as, fidldws:-;;Moii.
Iny.aiuetirtay and'Wcdnekday of each week. at
Vluldlesex; and Thursday, Fiiiday St Saturday;
itTUcstable of Andrew H<‘bCiUs ( in-Carll»le.Tr
rhe'terms are-86for theSeasmij UndflO for lie
mafr before she isknpwn to be witlv loal, will be
held Uahle fur the insurance. ' Good c u e wdl be
taken, but no accountiibilitVjfnr aci i lenta. :' .'
JOHN THOMPSON, '
April
STOIj 13 N : 0R S E ,
: ipin;Monday niplit tba of. Match, Were left
it tbc bouse of the subscriber, one Bayfloreoi
with three white"legs, and one dark brown Mare,
with the led! bi^deg Homes
Jiul,onfcbhrgn
sf horse stcaling.Wbo callsidmSßlf; Morgan, but
wbpwmalhamnißysnppoSfid Vpijnjphn Kuisell,
and are no doubt stolen property ft,Thtf ;bwnerdr
owners; by and pajinßr., charges
cari have thomi! !on .applying in
April tplSll; '■‘-'.^St./"
PROCLAMATION.
PENNSYLVANIA, SS. {
In the name and by the authority of
(he Commonwealth of Bchnsyl
— vania.
DMID REPORTER,
Governor .of the said Commonwealth,
To PAUL MAR TIN, BheriffofthcCottn
ty of Cumberland, Esquire, Sends Greet
ing: ■■
I STRAVED from the subscriber,, in the' Bor-
I jw.—Ji.fi' ouch of Carlisle,-bn Saturday the
alEffln S7th ult - “ SMAM,. DARK RED"
COW, with.'.crumpled : horns
iwS[=sScS» white face, rind sunk in the runripi—
Any information that can be friyen of her will bo
thankfully received and liberally rewarded*
-i'. .. wm. McPherson.
I Carlisle, April 1, 1811. •* . 0- ■■ 3t.
Teeth! Teeth! Teethl
D«. *
Begs leave to inform the dtiacns' ; of Carlisle
and its Vicinity, that he has made arrangements, to '
spendiMgreater parkof his time in Carlisle, and
may he cpnsultedat his rooms atMch’atlaneVHo-,
tel ph all the varioiis Tlranches of, his profession.' '
Families visited as usual.
uf.E.haa
Receipt for makih'gnnd/uinishirig hia' unrivalled
where it mey be had whole-''
sale and retail.
CarJiale. April i,1841.
BOOT & SHOE MAKING.
> nH£ subscriber hereby ihforms his easterners:
JL Snd the publican that he lias remqr ' '
red Kis Bwt tp' Manufactory. from Vonifre|ff :
tc the Main street; in the room formerly ntcu
pitlas an office hv-J,Sguieri’Efsq. h fewjdnors;, ■
weslfof lhe Car Office, Tin the north side of the ,
street.' where he will manufactuteßOO'VSaml
£HuES,of every tfescripliop, in a-neaufesfii™-,,; .
Hhle arid Substantial thatftier, at modinrte*pi !ces
for cash. good paper, or approved Country pro-' '
dupe.i ile returns hisainperethnnkstohis cus- ,'
tqmerafofthei r fayorß,tqjd willbehappy to .
seryethemas foriperiy;:.;': At the^ilrertfme, .he
respectful tysolicitsashareoflhe public'sTavdr.: : -
PunctuaUly may be . '
•i •••;. • UENIIV:,WAUNEU.;. •:
; ; OarliaicVAprd l t !84fT[‘J: . ‘3t
- N.'B. Anappreinice. tvill'te'flkin to learn
the above business.. ■