. , . . q.143,--a.SkT.",=c6Wrt Ec()igl) Register. Circulation neat• 2000. %IJenlowu, Pa. THURSDAY, MARCH, i 7, 1861. 12?" I n the poetical effnsion on oar first page. "The Days of my Boyhood," in the last lino of the first verse, the word "mortal" should be lett out, end in the lain line of the fifth verse, it should read "faltering" instead of "flattering." School Examination. The public examination of the Common Schools of Allentown, took place in their res pective School rooms, on Thursday and Friday of-I astrentl4l-ornlayrTtresclymd - W 7- e - t .ay of the present week. We attended five of these; and we are only sorry that time prevented us from being present at all of them. Tln-re were in attendance during the term about closing, over 700 scholars, and the number of teachers only 11, making each school amber between CO and 70. The branches taught, are Gram mar, Geography, History, Arithmetic, Wining, Reading and Spelling. Singing, a very useful branch, is also introduced. The arrangement and discipline of the 'Cahoots, is indeed admirable. We were Far iiculatly snuck, however, with that of the in fant female department. The range of seats so well adapted to a School of that kind, tie par tieular position of the children, the sileoce and the order observed; together with the manlier in which they ,performed their part, was truly interesting. The indefatigable directors under whose care and auspices the schools are at pre sent managed, deserve the thanks ef the citi zens of Allentown. In atm; Iser column will he found a statement of tie Schools in our rough, and in our next we will give a state ment cf the schoolS in the whole county. The First Concert We were politely requested to invite the at• tendon of the public to the first Conceit of the "Allentown Brass Band" wide!' is to be Ov e n at the Odd Fell ws Hall, on Saturday evening, the sth of April next. They will be assisted by -several-vocal amateurs-du :!;pg-thelvel formnnrv; also by the distinguished Trombonist, Pro fee sor ffei»icke, under whose direction the Band is now practieing. This will, no doubt, satisfy the public, that sbtnething good may be Ps peeled. Further particulars next week, when the Programme will be issued. Price of ad mission 25 cents. Fulton County ft is gratifying, says the Legion : a paper printed in Tatnauqua, Schuylkill county, to perceive that the project of creating a new county cult of parts of Schuylkill, Lehigh, Ln verne and Carbon counties; Tainatiqua to be the seat of Jur•uce, is again eliciting the atten tion of the citizens of Tainatimia and the sur rounding country. The preject is decidedly popular in Luz:it-tie and Lehieh countic., as al so at one extreme corner of Czrbon county. The citizens residing, in the townships of Le high county, adjoining Soltnylkill.jginfrithone accord In proclaiming the location an excel lent one for a county seat, being entirely cen tral ; and their only and best marketing , place, always meeting with a good and ready sale of their produce. ();:rNot so fast Mr. Legion, we have orly one township which is Lynn, that adjoins Schuylkill, and the citizens, at least those with whom we conversed, and they are not a few in number, are willing to make the most out of your gold market at Tarnatigna, the intended county , seat of Fulton, but are also gnite wil ling to let ''well enough alone." Caine Mr. Legion! we are ready to join in with you in the Rail Road enterprise, but you must behave yourself, and not talk about making capital of our territory, mind that ! Plough, Loom and Anvil. This valuable agtionhural pciir , dical fur March is upon our table.. It abounds with more than its usual variety of subjects, anal contains matter worth twice the cost of the work. "The Prospect—Agricultural, Maul facturing, Commercial and Financial, at the opening of the year 1851," t y 11. C. Carey, i.: continued. This work should be morn perm rally circulated among our farmers. Five dol lars will pay fur two copies, and the subserir lion can commence at any time in the year.— Address J. S. Skintier, No. 79 Walnut st., Phil adelphia. The Tariff The Pottsville "Al iner's • Journal," of last Saturday says: "Hon. C. W. Pittman, our Representative, who has just returned from Wrn , hington, gives us the following explanation. The con,true., lion that will be put upon the bill by the Sec. retary of the Tieasnry. will embrace all costs artd charges, including freight, except loser once. If those costs amount to $6 nu iron, the additional protection at 30 per cent. will be $1,60 per ton. On coal, the cost and charges being about equal to the value of coal uhroad, the present duty will ho nearly doubled. .Mr. Pitman states th a t this is the verflon given to the bill by Secretary Corwin himself." Completed.—Theelevelnncl and Pittsburg Rail. road has been completed to Ravenna—forty miles from the former place, and cars were to have commenced running at the close of litet week.— The road is to be pushed forward with all possi ble despatch to Pittsburg. ' For the trorld'a Fair.—On Saturday next, Jos. bun J. Benson, Esq., of Camden, starts on a vny. age to the great fair with his large hog. Its weight exceeds IND pounds, He sails in the ship MiaraPak. Township Elections The following persons were on Friday, the 21st instant, elected to fill the P v oral offices in the different Wards and Townships of Le high county: ALLENTOWN—SataIs Ward. Joseph Dietrich. litspectors-.-Peter Amos Ettinger. Assessor—George Weiherliold. Constable—Samuel Hartman. North Ward. Judgc--Elia, M e rtz. Inspectors—J,Am Mr,ll, Hoffman. .Assessor—John Diefenderfer. Constable--Ennittel 13u reel'. 1\ 7 0 4 / 1 0/711/01/ Teas. . • iildge, David Gold ; Inspectors, Eli Kern, Na than Yohe; Assessor, Jacob Moyer; Snperri sors, Daniel Baurner, Casper Kleckner; Justice, • • School Directors Dyke and Emanuel Trexler for 3 years,..lolin F. Ilallbacli for 2 years, Solomon Blitz and Pe ter Brown for 1 pax; Clerk, Daniel Brown; Auditor, Wm. Ilieker. Upp.r Saturon.. Judge, Chinks L. Mohr; Inspectors, George Knan:,4, Daniel Berger; AsseFeor, C. F. Hell. ener ;,upervisors, John Blank, Jacob Reinhold ; Sefton! DireetoN, J. Reinhard, W 19!aehr ; Con• Fiahle, U. Lynn ; Township Cle k, D. Cooper; Auditor, C. Noon& Ila.z.)ter Judge, Sant. Bra tler; Inspectors, Win. Wind, Dapiel ; ASSCRSOT, Thomas Ritter; Consta ble, Williatn ICiefer ; Svhonl Directors, Samuel Brader, Andrew Frank en field; Supervisor..., C. Bicker ; John S hweitzer, jr.; Auditor, I ,, aae Ale'lloFe. jr.; Clerh j Nathan Lerch, Treasurer, Charles flitter. f l'eisolbarg Judge, Elineas Kraml lel' ; f nspectors,William Bear, Peter Sell); Assessor, David Derr; Con• table, George Danner ;Supervisors, Peter Shoe maker, David S:ein ; School Directors, Elias Fensternizieber, Daniel Greenawalt!, for I year, Daniel flintier and Abraham Werly for 2 years, "Jacob Werlv Joel erty mitt nun Seilielling tor S vearF ; Auditor, Joshua Soilierlitn_,T. cpper Biij rd. Jetlge, Sol. Baehman; Inspectors, Charles W. Gabler, W. IL Albri! , ltt ; ABEessor, Jacob 13. I ; Sopervi,6rs., Charles E. Raeder, Laz- I arus Weidner :Constable, Sal. Dillinger4School-, Directorp, Aliraha'm Person, Sam. Stauffer Athlimr, Reuben Sia ; Treatliner ) S. Kern meter; Clerk , Philip triq,er Malang . Judge, George Si•ldiener; Inspector,:, James Nliosemer, John Fahriqaer; Thomas C. Breinia; Constable, John AVeidlinoeht; Su. per visors, Sam. Bernhard, Itubrui Kuhns, (farm er) ; School DirectoN, Benjamin Gnekenbaelt, Solomon Fogel ; Treasurer, David Schall; Auditor, J. Do Lona ; Clerk, James Troxell. Judge, John Smith'; Inspectors, Elias Pittner, Levi Peter; Assessor, Jacob German ;Constable, George F10a:7.; Supervisors, Peter Miller. Daniel Ice minerer ; School Directors, Frederick . Krauss and Joseph Smith; Clerk, Sam. J. Kistler. Was!. ington . Judge, John Wassum ; Inspectors, Tilghman Kuntz, Henry Fenstermaelier; Assessor, David Peter, son of Jacob ; Constable, Cirlron Lintz; School Directors, flenj. S.l.renn,l3:ms Ilamiman ; Inspectors. George Peter, Jacob Remely ; Audi. tor, Charles E. Deck ; Clerk, Thomas Kuntz; place of holding Elections, D. & C. Peter. UM Jul,ge John Neff; Inspectors. Christian Kist. ler, Perry Kistler ; Assessor, S amue l O swa ld ; Constable, Dan, Oswald; Supervisor, Charles Knauss, Daniel P. Lelby ; School Diteetors, J. Oswald, Jeremiah Weiss ; Treasurer, Levi Kist. ler ; Clerk, Jacob Long ; Auditor, Reuben Dock. North Whitehall. Judge, Elias M. Kuhns ;Inspector, Edwin Kei per ; Franklin Smith ; Assessor, Reuben Saeger; Constable, Reuben Yantz ; Supervisors, Henry Jacob, David De Long, David Ruch and 'robi ns Deibcrt; School Directors, giephen Sanger, Paul Dallier ; A uilitor, Abraham Kohler; Clerk, Datil- S'aej , r Lower .16imingy Jinlge,John Maddern ; Inspectors, George flesh end Reuben t'Sclimoyer; Assessor, Daniel Miller; Suprreisort, George Baer, Latin' Ekt. nhardt ; dlonstaltle, Andrew Neu moyer ; School. Director, Day iirDantier ; Auditor, linrrison Miller; Clerk, Thomas Eisenhart; Treasurer, John Knatlder. Sqhburg. Judge, Mine; inspectors. Daniel K!ine, D. Et.heuhattli ; Assessor, JactQh lAtidenschtaizer, Martin Kemmerer; Constable, Gideon. Ritter; Supervisors, George Kemmerer, Reuben Spinner; School Dtiectora, John Boger, Jacob Eelispedert ; Auditor, rims. Keck; Clerk, Tohtaa Lnwhi ' 1 Judge, Andrew Butlintan ; In.pectors, p ft vid Knerr, Jonathan ‘Verly ; Jonas Ktierr ; ConFuth:e. Dania -1 ; Jus:ive, Jacob Zim merman; Supereisnrs, Na:han Fry, And. Cie• Der; Felon); Di roe! o rsi Jompli Weihei hold, Jon ath;:n Smith; Tleatner. John Smith; Clerk, Simon Wulff; Auditor, J. £ Zun mei man. South fl'hitehall lodge, Sol. Ra.honold; lospoutorA, 11,mr3- Fatzit4.ter, Saninel !kir.; A•zsze...9or, Chas. Guth ; Constable, Thornas eber;'Sehnol DireNors, jeremiah Shindel, Alo.vanclor W.. Leder ; Sn• - pervipor., Anin:4 Rabenold, Joseph Faust; Da. viii fiery and Admil Ifieker ; Auditor, Jobtt. Sharer. Throe Cent pleoes The coin4e of new three•cent pieces has been commenced at the Philadelphia Mint.-- They are composed of threc-lourths silver nod one foinih copper, and about the size of a 'fip,' hut much thicker. When once pat in circula tion, they will banish the Spanish siMenth of a dollar, and rely probably reduce to their standard the prices of drinks, cigars, oysters, and various other luxuries now bought for sixpence. Public Schools in Allentown. The Public Schools of Allentown, as appears by the Superintendent's last Annual Report, were, at the close of the school year, June Ist, 1850, in the following condition:: Whole number of School., Number yet required, Average number of monthelaught, Number of male Teachers, Number of female Teachers, Salaries of nude Tenchers, Salaries of female Teachers, Number of male Scholars, Number of female Scholars, Number learning German, Average number of S.cholard in each School, Cost of teaching each Scholar, per month ; cents, Amount of lox levied, Received from Slate Appropriation, at-of-LnArnotio Fuel and C.ontinaencies, Cost of Sekool Houses, building, re pairing, &c., Publio Schools of Lehigh County The lollowing statement relative to the I'ub lic Schools of Lehigh county, for the Frhool year ending June 1,',1850, ie extracted from the tables which accompany the last Annual Report of the Superintendent of the Common F•e ll ool : Whole number of Dishicts, 15 Number paid during the year, 13 Whole number of Schools, 128 Number yet required, • .15 Aver. number of months taught, s:n. dtsd. Number of male Teachers, 121 Number of female Teacher., IS Average salaries of male Teacher., per month, Average salalie3 of fema!e Teach era, per month, Number of male Soholarn, Number of female Sanlarn, Number learning German, Average_riumber_of Soholars-in,each- Sellool, co,' of teaching eault Scholar, per month, cents, 41 Amount of tax levied, $ 11,039 30 Received from State Appropriation, 2,904 03 Cost of Instruction, - 12 , 492 65 Fuel anti - Contingencies, 1,217 12 Cost of School flousoe, purchaf building, renting, and repairing, 1,886 11 Stations of Preadiers of the East Penn.ty/vania Conference of the Evangelienl ,gsioniation Philadelphia District—F. Hoffman, Presiding Elder. Philadelphia Station—Sol. Neitz. Philadelphia Nlission—J. G. Ilarkquast. Germantown Station—J. Eckert. Germantown Circuit—M. Sidlinger and C.Gin gerich. Milford Circuit—Abraham Schuh and J. Hess. Lehigh Cirenit—C. Hummel and N. Gabel. Northampton Circuit—H. Bucks and A. Zieg entoe.l. New York Station—J. Koohl. New Jersey Mission—P. Krracker. Lebanon District—C. Myers and S. C. Rhoads. L , measter Chenit—N. MeLelin and G. linen. Worn el sd orf Circuit—D. Weind and .1. Adams. Chester Circuit—L. Snyder. Cocci! ission—D. Reading. Swien—J. M. Saylor. Lancaster Mission—W. 1.. Reber. Harrisburg Mission—J. Gross. Oiwigsbmg District—J. P. Leib, Presiding El- der. Orwigcburg Circuit—E. Bast and B. Deist:cr. Schuylkill Haven Circuit—H. I3ussey. Pottsville Station—Joseph Gross. Pincgrove Circuit—J. Shell. Lykens Circuit—J. Farnsworth and J. Young Maliantongo Circuit—W. Huhn and S. Gan er. Carbon Circuit—G. Mins. Delegates to t: General Conference John P. Leib, Francis Hoffman, Frederick Donner, Joseph M...Saylor, Solomon Neil; Frederick Crocker, Christian Hummel, Mi vitae! F. Maize, Henry Racks and Christian J. Myers. New Hampshire It is rather a difficult matter to determine e I n k to be the next Governor of New Harop !Ante. According to the New Hampshire. Pat riot, the state of parties in the Legislature is as follows:--House, Democrats 131; ~y'nioi 11I; Atwood Democrats 14; and nine towns to be heard from, whicli sent eight Democrats end ono Whig to the House lam year. Senate, 7 Democrats, 2 Whigs, 3 vacancies. The Boa. ton Atlas makes the parties in the House stand —.Whigs 123, Atwood Democrats 25, Demo crats I IS, to be beard from six. If either of these calculations is correct, the balance of power is in the hands of the Atwood party, and it will be for them to decide whether ill r. Saw-, yer, Whig, or Mr. Dinsmore, Dem. shall be the Governor. A 1111:rderer Conrietcd.—The jury in the case of Martin Peifer, tried at Orwiksburg, Pa., for the murder of his wife, in Schuylkill Haven, .some mnaths ago, rendered a verdict, on Thursday, of GuUty of Murder in flt,; fired Degree. Sentence of death was immediately passed upon' him. The prisoner made quite a long speech to the Court and Jury, in hiS defe.nce—anknowledging the murder, but alleging that he committed it in a temporary lit of insanity, The day of his ex• ectitive will be used by Governor Johnston. Moving a Capital.—A bill is now under con. sideration in the Legislature of Illinois, which proposes to remove the capital of the State from Springfield to Peoria. It is reported thai a ma.. jurity of both Houses are In favor of the mea sure, but that owing to the want of time to act on it, it will be probably postponed for the'pre. sent session. • Education Meting A special meeting of the Teachers' and Di rector's Association was held in the basement of the German Reformed Church in Allentown, on Saturday afternoon, March 2.20 d, 1851. The meeting was called to order by the Pres ident, and the minutes of the last meeting were read and adopted. The following question was then discussed: Which would be'preferable; a Superintendent for each Congressional District, or one for each County? After considerable 'discussion it was decided that the latter would be preferable. Mr. G. Gates then being called upon, read an essay on recess, or recreation in School.— Which after an interchange of views thereon, was ordered In be published, as expressive of the views entertained by the Association. The committee on Phonography and Phono typy presented their report, which was ordered to he published. 0 • R. U. Chandler - 03 00 819 67 876 804 SIA4O 00 304 G 3 rcIT. was recrest• ed in write an essay on the best method of teaching Grammar, and Rev. S. K. Drobst one on the duty of teachers to prepare themselves for their work ; both to be read at our next stat ed meeting. 229 97 141 23 On motion, our next meeting will be held in ihis place, on the second Saturday in Septem ber next. On motion, adjourned, to meet at 7 o'clock this evening The meeting in the evening was opened with prayer, by Rev. S. K. Brobst, after which an address was deiivered in the German lan guage, by Rev. J. Dubbs, closed with prayer and benediction. JONATHAN REICHAND, President E. Moss, Secretary. Rey. C. R Ressler, Cor. Secretary The American Locust 11937 The following . interesting communication is from the New York Scientjfic American : "In the whole range of natural history there is nothing more strange than the fact,—which has been established with as much certainly as any — fact — in asr ghat SIG 23 452 R 3313 1)57 onOrny ever was,—! little insect not as large as the smallest ant shall pass into the ground and remain there seventeen years, and then emerge in the form of a comparatively large insect ; or, that a cer tain tribe of insects shall appear here in im mense numbers—numberif_almost—equal—tcs those of the sands on the Bea shore—exactly once in seventeen years, always in the same month, almost on the same day and same hour. It is indeed wonderful, but it is never. theless true. The music., song, or sound, produced by the myriads of insects in a, warm dry day from about the 25:h of May to the middle of June, is wonderful. It is not, deafening as many describe it: even in its height it does not in terrupt ordinary conversation. It seems like an atmosphere of wild monotonous sound, in which all other sounds float with perfect dis tinctness. I never could distinguish anything like the word "Pharoah" in these sounds.— After you have become satisfied with the nov elty of this music, which will be in a day or two, it becomes exceedingly tiresome and doleful, and to many very disagreeable. To inn it was otherwise, and when I heard the last note on the 25 , h of June, ihe mel.•recho ly reflection occurred—shall I live to hear it again Probably the first indication many persons will have of the approach of the locusts, will be the industry with which they will find the hogs rooting up the ground in the woods and fields. It is a great festival for them. And as soon as the insects appear abpve ground, chickens, turkeys and all poultry will also have their feast. So fond aro the fowls, birds, pigs &e., of these insects, that they will scarcely witch other food during the locust season.— This has a remarkable effect upon all hen's eggs laid after the locusts appear—their yolks are nearly white. The chickens become very fat, and of fine flavor. Even the little wren will be seen flying off with a locust in its mouth, and all the insectivorous birds then have a great festival.. From the Ist to the 20th June, all shrubbe rp •of value should' be protected, either by covering it with cheap gauze, or, in ease of pot plants, by keeping them in the house.— About the 15:h of June they continence de positing their eggs. About the 25111 of June the old lovu>ts will have disappeared nearly al together. In conclusion, people ought not to be alarm• ed. The Won its wing 4 does not indicate war, nor the E England. The "sting" of the locust never killed any body, for the best of all reasons—because it has none. The insect has neither means of offence or defence; and all the stories that are told of children being killed by their sting or bite are fablous. If death ever was produced, or any less injury when locusts were present, some other cause effected it. I have given the public such a picture of this most interesting insect, as will enable any one to obaervo Mem understandingly at the approaching season." GIDEON 13. SMITH, M. D. The Pacific Bail /load.—Notwithstanding the failure of Congress to give to the Slate of !Ms. souri the grant of lands for her projected rail• roads, we are assured by the St. Louis Rcpubli• can that the l'acific Railroad will be commenc• ed at an early day—as soon as the drawing and plans are arranged—and that it will be prosecu• ted with all the energy possible. It says: ..The bill provides that two millions of State indebtedness shall be issued for the improve 'merit of the Pacific Railroad, and a million and a half for the Hannibal and St. Joseph road.— The individual, city and county subscriptions will be more than a million of dollars, so that there is an actual capital of more than three mil lions provided for the commencement of the road. Three routes fop the road have been sur veyed." Peunsylrattia Legislature. H4ttatsauao, March 25, 1851. HOUSE• On the 15th, agreeably to order, the House re solved itself into committee of the whole (Mr. Rhoads In the chair) upon the bill to regulate the militia of this Commonwealth. 'And after some time the bill was reported to the House with amendments. And on the question. shall the bill be read a second time I It was decided in the affirmative —yeas 90, nays 97. The question being upon the first secikirril was not agreed to—yeas 33, nays 44. The second section was read; when ' Mr. They moved to postpone the bill indefinite /If, which was agreed to—yeas 50, days H. So the bill was defeated. Mr. Fegely moved to suspend the orders of the day, for to purpose proceedinz to the consid. eration of the supplement to the act incorporat . • • .ueg-and-A-4lemetown-raitroad•en . - ny . Which was not agreed to—yeas 86, nays 38. On the 17th,on motion of Mr. Fegely, the bill to extend the time for commencing and complet ing the Hamburg and Allentown railroad, was taken up on second reading. • After some conversation between Messrs. Hart, Penniman and Dobbins, the bill passed— yeas 59, nays 20, and was ordered to be trans cribed for a third reading. On mutton of Mr. Fegely, the vale was sus pended, and the bill read a third time, and pas. ed finally. Mr. Scofield moved to suspend the orders of the day, for the purpose of considering the resol ution relative to the final adjournment; which was agreed to. A discussion as regards time was had, when the resolution passed finally, fixing upon the 15th day of April. • On motion of Mr. Laury, the second reading of the bill to annul the marriage contract between Daniel Gross and Barbara, his wife, of Lehigh county, was resumed; audit passed finally—yeas 38, nays 38. SENATE On_the- , 19th,-on-motion-of—Mr,lvesthe—bill entitled "Resolution relative to the pay and mile age of the Revenue Conimissioners," was taken up, discussed by Messrs. Crabb, Brooke, Mull. lenberg, Polley, Myers and Packer, and at length pao,ed a second and final reading by a vote of— yeas 15; nays 12. (The hill malces — the Fr them fitTil mileage of the hoard the same as that of the Legislature. On motion of Mr. Savery, the bill to incorpo, rate the Pennsylvania Slate Agricultural Society, was taken up, read a second and third time and passed. On the ISth, the bill to establish a system of free banking, based on State loans, came up in order, on third or final reading by the following • vote : Yeas—Messrs. Carothers, Carson, Cunning ham; Frai ley, Frick, Guernsey, Haslett, Iloge, Ives, Lawrence, Malone, Myers, Robertson, Sav ory, Walker and Matthias, Speaker-IC. Nays—Messrs. Bailey, Brooke, Crabb, Fernon, Forsyth, Fulton, Jones, Kim igroacher, Weashn, Muhlenberg, Packer, Sanderson and Shinier-13 The Free Banking Bill. • We have received from our Harrisburg cor pondents, copies of the new •Free Banking Bill,' as it has passed the Senate. It is too long for in sertion in our col umns, and We therefore make an abstract of it.— Philadelphia Bulletin. Section I, authorizes the Auditor General.. to issue blank circulating notes of various denomi nations, dated, countersigned, numbered and re, p,istered ; the Auditor General first entering into bonds in the sum of 3100,000 for the faithful per- formance of these duties. Section 9, provides that whenever any person or association of persons shall transfer to the Auditor General a Tiortion of the State loans, they shall receive fur them an amount of these notes equal to 90 per cent.—the loans not to be taken above their par value. The persons re• ceiving the notes must also havesilver and gold, for banking purposes, equal to 20 per cent. of the amount of the notes. Any failure to comply with the provisions of this section will make it, the duty of the Auditor Genets' to dispose of the loans deposited with him, with as little delay as possihle. f3eution 3, authorizes the receivers of these notes from the Auditor General, to make them obligatory promiisory notes, payable on demand ; and (Section 4.) in case of reiusal at their place of business to redeem said notes in specie, they may be protected, and the Auditor General, on receiving such- protest, shall notify the makers of said notes to pay the same, and in case of failure to pay thein for eight days, he shall give notice in . at least one paper in the city or county where the bank is situated, and one in Harris. burg, that all notes of such association will be redeemed out of the trust funds in his hands— the said funds to be paid pro rata on all notes issued. The Auditor General shall also use all other means in his power to prevent loss to the holders of the notes. The notes (Section 5.) are to be stamped on their face, "Secured by the pledge of Public Loans." The certificates of loans deposited to secure them (Sec. 5) are to be assigned to the Commonwealth, and held by the Auditor Gene ral as security, first for the redemption of the bills, secondly for the payment of depositors, and thirdly for the payment of all other creditors ; and after these payments, the loans remaining shall be reassigned to the association or persons entitled tei them. The Auditor General (Sec. 7) may give to any person or association so transfering loans, pow. ers of attorney to receive the interest thereon ; but such powers may be revoked upon any fail ure to redeem the notes; or in case the value of the notes shall become insufficient security, he shall notify them to place in his hands sufficient to secure them'; and in case of failure to do so• for eight days he shall take measures to redeem the notes and pay the debts of the makers there, of, from the securities in his hands. On the ap• plication of the loans, the Auditor General may. transfer them or part of them, and receive acid. cancel a proportionate amount of the notes— such transfer and cancellation not to bring the amount of circulating notes below 80,000 1 dollars. • In case of failure (Sec. 8) to redeem thenotes~ or to place when required, additional loans in thee hands of the Auditor General, as provided shove r he shall, after the eight days' notice, sell at pub lic auction the loans in his hands, or such por• Lion of them as shall lsay or cancel the notes, or pay the debts of the makers—the Stale not to be responsible for them, beyond the proper applica tion of the securities. The plates, dies, dc.c., for the notes (Sect. 9) to• remain in the custody of the Auditor General; the expense of the same to be paid out of the Treasury, sod the Auditor General shall charge each association with the full amount paid by him at the time the notes are delivered, and any necessary expenses thereafter to be paid by.the association; or on failure thereof, the amount is to he retained by the state Treasurer out of the interest of the loans transferred. trunagth e A urli tor olate the provisions of the act in any way, he shall be adjudged guilty of misdemeanor, and punished by a fine of not less titan $501.10, or by imprisonment not less than five years, or by both the fine.and imprisonment. Any number of persons (Sec. 11) may associ ate for not more than 15 years, for banking busi ness under this act; the aggregate capital of each association to be not more than $500,000 or less than '50,000. Every person or association doing business under the act shall make a certificate specifying the name assumed, the place of business, the amount of capital and number of abates, the name and residence.of each shareholder, and the number of shares of ench, and the period for which such association shall contiune—such cer tificate to be acknowledged before any officer qualified to take acknowledgements of deeds, and. filed in the Prothonotary's office of the proper countyl while a certified copy shall be filed in the office of the Secretary of the Commonwealth. And this certificate, or authenticated copies of it, shall be evidence in any court. Such association (Sec. 19) shall have the usu. al banking powers; but no person shall transact -sueh—banking—business-anywhere—but—in—the plaf=e where he resides, wider a per.alty of 1000 dollars. The sharessif such association shall be trans ferable, [Sec. 15] ,but no transfer shall be made to impair the rights of creditors. The associa. tion may from time to lime [Sec. 16] increase he - numbers:lntl - also - its - capital, within - th"e iimit of $500,000. All contracts of such association [Sec. 17] to be signed by the president and ea sh ier. Every person and every member of such association to be liable in his individual capacity, fur the notes, contracts and debts entered into. On the first Monday in January, April, July and October, [Sic. 19] such person or associa. lion shall transmit a statement to the Auditor General, of the amount of notes in .circulation, loans and discounts, specie on hind and the length of time since the last statement that their notes have been at par in the city where they are to be kept at par. Also, the amount of public . loans deposited with the Auditor General, their market value, the date to which interest has been paid on them, and whether said interest has been paid to them or passed to their credit by the Auditor General. The amount of debts to and by the association ; the amount of profit and lose since the last statement, and the dividends de clared ; the increase of capital, if any, and the names of such persons as have been added to or ithdrawn from the association, &c. Any failure to make such statement for thirty days, [Sec. 20] shall require the Auditor General to close up and redeem the notes as provided in Section 9. Damages at the rate of 12 per cent.,. [Sec. 21] to be charged for any failure to redeem. the notes by the makers. The bills issued to be payable (Sec. 22] only at the place of business. l and on demand, without interest, tinder a penal -1 ty of a fine not less than $5OO, and imprisonment not less than one year, or both. The State Treas surer [Sec. 23] in paying the semiannual inter est on the loans deposited, shall deduct two per cent. per annum ; fur the benefit of the Sinking Fund, and in lieu of the tax on dividends and stocks, excepting the State tax on State loans.— I All notes issued under this law to be kept at par [Sec. 24]—those east or the Allegheny moan.. tains at Philadelphia, and those west, at Pitts burg—under a penalty of two miles per annum, on every dollar of the average of the circulatio,n of the notes for the preceding year. The amount of notes issued by the Auditor General tinder this act, shall not exceed [Sec., 25] $10,000,000 during the first year.after its pas sage, and for the next five years shall not ex• ceed $2,000,000 per annum. The State Treasu rer, Auditor General and Secretary of the Com monwealth [Sec. 26) shall constitute a board or examiners to examine the returns of the various banking associations, and direct compliance with the various Provisions of the act. They shall; also, when they have reason to believe the re. turns of any association to be fraudulent, have power to appoint three competent persons to in vestigate and report on the affairs to the Board of Examiners, who shall adopt the remediespro vided by the law to meet the case. The legisla- tore [Sec. 28] reserves the right to amend, alter or repeal this act. • SoineMing Curious.—The lead pipe which cow-- rued the Cochituate water to East Boston has been taken up, there being no further. use for it.• A section of this pipe lay in the channel, 36 feet• below the surface, when taken , out was found filled and frozen solid, Barr is this accounted. for 1 The pipe was tight, and had•not burst.— It appears to us a little singular ;'but science may . explain it satisfactorily. Bosion Transcript. litichtgarr.—There are in Michigan. 218 flour mills which produced last year 660,1/59.barrels of flour. There are also risa saw mills, Width: sawed one hundred and sialy.four millions feet' of lumber during the year. Prize Fighting.—Tom Heyer is out with+ a challenge to fight any man in the world . for $lO,OOO aside ;an oilbra to give any man froin England $9OOO to meet him here. We have nu doubt that he can be accommodated; but we hope that our country will not be again disgrac• ed by such a brutal as a prize fight.
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