JEFFERS ONIAN REPUBLICAN
JKFFFKSONTAN KTCPTFRT JOAN
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Stroiiclstoirs, .larcli 23, 1842.
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Terms, $2,00 tn aavancc, $2.2j. naif yearly; and $2,50 if not
.iifi-ucloic tlio end ol the vcar.
The Hloney market.
Judging from the tone of the Philadelphia pa-
pers those, at least, which may he quoted as
authority tlie mam pressure upon the solvent
Iranks of that city has ceased, and the business of
those institutions may be considered as lirmly es-
tnblished. With the exception of the Girard, U.
r . -I T fll 1 m
states, rennsyivama, renn lownsmp, Moya-
mensing, Mechanics , and Manufacturers' and
Mechanics , (the notes ot all which Banks are at
a discount of 20 to 50 per cent.) the city Hants
aroiasi regaining mC lynuuimcui wie j cup e,
although money matters in general are but little
imnrnvftd. I he country Relief notes, as tliRv are
- :
cwieu, arc uuvi , u,B ul , K.vccpt .u a ui?-
count of rom fifteen to eighteen per cent. Specie
j r . i
oommanas no premium a laci wnicn connrms
ihe assertion that confidence is beinc restored
among the people. Exchange
'pw York on
Monday, was in a better condition than on the
ition than on the
preceding Saturday, no premium being asked
At the .Stock Board, on the same day, State
lives fell to 43 a great reduction.
The canals of our State are now in operation,
water having been let into them.
Almon II. Read, dem., has been elected to Con
gress from the Susquehanna district, in this State,
in place ol David iJimock, deceased.
Attempted Suicide. Dr. J. II- Frick, late
cashier of the Penn Township Bank, attempted j
to commit suicide on the evening of Monday last,
hv tnlrino- nrspnic nl .ninn n'rlnck in tbft in'flninor
V - V cr
jiu Hai suuuviii, uut uuuuib were umeriaiiicu oi
his recover-.
The law Jabolishing imprisonment for debt has
passed the .Legislature of jew Jersey.
Nearly twelve thousand tons of anthracite coal
from Pennsylvania, worth at home about seventy-
jivc inousana aoiiars, are consumea annually ai
. J J 11 l ii ' .
Jjoweii. Massachusetts, in one city alone,lor one
article, Pennsylvania finds a market for seventy
iive thousand dollars' worth of an article wnich no
other State in the Union can furnish.
rort the Jeffersoxiax republican.
Mr. Editor: In Rafferty's organ of the 19th
tilt., we find an article signed a "Spectator," and
purporting to emanate from Pocono township,
which is universally considered the most sense-
less production that has appeared in the filthy printing in 1840. That county contains some
ilSmnt Machine.'' The writer of that silly piece thing more than 1-3 the number oftaxables that
is either an Ex-Judge, would-be-lawyer, Doctor
or understrapper, residing in Stroudsburg ; his
silly remarks contain no charge against any per
son or persons, but assert that the people of Mon
roe have been humbugged into the support of John
Merwine, who the writer says promised to ferret
out a busbear Irom amonff the JLx-1 reasurer s
promises, and exhibit the animal to the people of
our County. His nonsensical piece of absurdity
was considered beneath the notice of honorable
Tax payers, and would most probably never have
haen thought of again, had rtot the ignoramus made
a reference to said epistle in the 11 Smut Machine"
of the 5th inst., where we find him expressing
wonder why no reply has been made thereto, and
says he can maintain his position by evidence
which has not yet been before the public eye.
Kow come, Mr. Spectator, we want that evidence,
and challenge you to produce it, that the public
rnay examine it and judge of its merits. The
reason why your writings have not been replied
1 up to this time, is their lack of common sense,
These remarks are only made in order to put you
upon ine inm oi me oug oeai uuu no uouu, uajsi-
.1. . ;i r.i i i .1 .l..t . I
jd, prior to the last general election. My advice
is that Mr. Spectator call on little Jemmy the De
puty to the Ex-Treasurer, and demand of him
answers to the following questions.
First. What amount of cash had been loaned
t individuals by you and your boss Jacob, up to
the 10th of October last
Second. What was the exact condition-of the
Treasury on that day ?
Third. W hat amount of checks was in the
Treasurer's hands at that lime 1
Fourth. To whom was the money above al
luded to, loaned)?
Fifth. How much money was collected after
the election
Sixth. Did not the election of Elihu Postens
nntf John Merwine, frighten you grab-game gentry
jmo a-sense or your amy, aim jurce auuie ui juu
ij scramble about and borrow funds to replace
that which had been removed arid used for private
...... I
-mrrooses without authority of law i
Seventh. Where were the loans effected to re-
piace the funds which-had undergone a grab fin
gerir.g? "J -mBui yaj v,..
. nhnAlc ifliv lllO ( r ft gC Tnrtiinou . ! r ilia I
. T.'.,Wil. Wl, A'.A lio V'v T
1Bs l"BWi "w . ""j
mnytini oi county juuusjn jus possession, ana oi
whom did he borrow money so to do, by which
mnflns he broufht the Countv in his debt?
A f,, Mr Sntatnr r!vfis tl,n anwrc
, " "will have no effect on them, what will? Ian
irom iiiHu -lumuijr , rt wnc ovi umwij ma-
r.or, he will then be upon the track of the bug bear,
(u no oviciif?--hfl niiwt thfln follow un thn trail
imui .ih v,.k..j.v - - ... j-
Wiii find tlm nnimnl's nftst. but will un-
T, " , , T ; , V ,
oubfedly find the old bugbear among the missing,
i4r. 'Merwine informed me after the settlement,
mat he saw numerous tracks ot this animal and
"signs 'of the print of his nose in the Treasury pap,
and that he was of 'opinion that the bucbear had
at one time consumed about SlOOO worth of nan.
but after the general election, when it became
known that Postens and Merwine were elected,
the creature became frightened and forsook his
nest ; and then the gentlemen, who felt concerned
i f i . ill
1 "u,,cslJ ua" lo scramuie aoour, ana
ociuyi; luyumer-pup, 10 repjace mat portion eaten
by the ravenous busrbear. There was abnndnnrv!
of time, from the middle of October to the first of
w
JnllllnrV O milt turrv ivinnlltr. C .1
llluUu auu u iiau-iw mute
lads to replace the pap
Mr. Merwine says there may be something in
the dark yet, on account of land taxes, land sales.
moneys refunded, amounts paid by Collectors.
&c, which were not perceptible at last settle
inent; but, with the aid of another competent and
impartial Auditor, who will unquestionably be
elected by the tax payers next fall, he would ex-
I - .
amine luily into all matters appertaining to the
welfare of our county, and report the same to the
public.
1 want Mr. Spectator to brighten up his ideas,
by taking a few doses from t, pill.box .ind then
h,;. if ki f il " . J ' l....
h , ,
numouggerv, uugoears, and such animals, in a
m0TQ sensible stye lhan his f productions ;
L,f nftor 1!tfln iamm .... , 4,f ... '
nmv uiiiiiit Lilt to linn IJIU ,IIIOUJO (U
fnrpfrninfr ,:,- i,. -nr.
f,ioc. i uA .i. .,! x
M J" "-J ihb jiuuiit.
Advocate oj Justice.
Mount Pocoxo, March 19, 1S42.
mr. ocnocn: l mus: say a lew words more
in refutation of an allegation of the editor of the
"smut machine" of the 5th inst., where he en
deavors to make the people believe that some
counties pay more in proportion for printing
lhan Monroe does. In 1S40, honest Jimmy re
ceived S247 25, for printing that year; last year
he received only S154 12 1-2, which was no
doubt owing to the election of Postens and my
ir t- hi i t . , -,
sen. jimmy wen Knew that I would reduce
his exorbitant charges, and hence he makes
i--i:ii i ",irt .v v I
nis uin neany oiuu lower man me iormer year.
I his shows that my election choked the fellow
off before he had finished fear onerates to the
advantaPB of thn nnhlin in mnnv raSM. T Wp
1
; r . l:
ii iu t luiuiui aiaieuicm, iwai. jiwiuiy nas
rrx'tA nn nn nvnmno ni.o.n :onn n.r .m,m
" "cw v-w j. u'luuin,
since he has disgraced our Democratic county
with his nresence. 1 also stated that 80 ner
,.,i i i ii i- .i I
1 1
1
printing of Monroe county, and that consequent-
Jy Jimmy had received upwards of SI 00 per
annum more than lie deserved now 1 vi
proceed to the proof. Pike, paid $17 50 for
.Monroe does, accordingly Monroe should pay
but $52 50 for printing. Now deduct this from
$200, the average amount paid Jimmy per an
num, and it shows an excess of $147 50. Jim
my sets down a number of counties with their
amount for county printing, viz: Bucks $371 74
- ,hal C0UnI.v contains G times as many taxables
as Monroe, according thereto Monroe should pay
but $61 96-now deduct this sum from $200, the
standard price that Jimmy hasreceired since he
has printed for the county, and it shows an ex-
cess of S138 0 jimmv sets down Daunhin at
$223 12 that' couniy contains 3 times the
number of taxables that Monroe does, therefore
divide the sum by 3 and it produces $77 71,
which deduct from $200, and it shows an ex-
css of $122 29 above proportion to that coun-
ty. He also sets down Lycoming at $187 46
now that county contains 2 1-2 times the
number of taxables that Monroe does, conse-
quently Monroe would accordingly receive
S74 qR whrh frnm 9nri , . c, c
"
an excess of $125 02 above a. proportion to that
couniy. He sets down Montgomery at $355
25. That county contain 5 times as many
taxahles as Monroe, therefore divide the sum
by 5 and it produces $77 05, deduct this sum
from $200, and it shows an excess of $122 94
above the proportion to thai' county. The fore
going is conclusive proof thai my calculation
upon that subject is correct, and that $80 per
annum is ouite a fair compensation for the
printing of this county, and that RafFerly has re-
ceived from $120 to $150 per annum more than
he should have had in comparison- to other
counties. Honest Jimmy has labored' inces
san,iy t0 in(luce thc T payers 0f our countv
to heiieve that r was wrong -m mv assertion
but it is out of his power to produce such an
impression upon the minds of honest Tax pav
iTrr.t. .i. it,.. "
era. .vim wiese reuiarKs I shall say no more
uPon lne subject at present.
Your fellow citifcen,
JOHN MERWINE'.
FOR THE JEFFERSOWIAN REPUBLICAN.
.
Mr. Editor: Sir-1 wish to put a question Or
two m your paper, it you please. When will
professors of religion be ashamed to sell and give
xurnAo drunkards If the entreaties, tears, rags
and. starvation of wives, mothers, and children,
jjWer j0lhing, until drunkards themselves get
ashamed' of their evil course, and relinquish the
intoxlcatinc draucht. What plea will drunkards
w w ni 'i
n,a? 'h?n ey are called to render ah account
tothe Judge of quicU and dead, forcontihuing in
the 1 was going to-say boastly habit: as I
heard a preacher say thq ' pther day ; but ! will
U.ot sneak so disresneetfnllv rf th hmto nrr-nr,
J va.T v w V U b V VilWUbt'Sl
I will say, the hogish habit ? 1 will tell you
wliat think they WH saY : that professors of re-
C1VUIU lu " mey monotony
it. it w.ns iriran tn tlipm - en tVmtr t(iimtit Vin.n
Was no harm in drinkincr and irettinir drunk. Well.
what will those professors of religfion, who are
engaged in this murderous traffic, sayl Will
UiTt ' ? ' !?. TTLT1
,1 """ .j. u&j uiuai tuu.ta luab
it was the love of money, which "is the root of
aucvu.
I have a question, also, to ask the preachers of
1. 1 i ,
T evems,nS ,j0?Pel X " that -you are so
I.. 1 P . . ' . J . .
seldom censure and condemn the vender of the
poisonous liquid, who, in my humble opinion, is
infinitely Worse than, the poor inebriate?
A friend to Religion, Temperance, and Morauly
HARRISBURG NEWS.
Correspondence the Daily Ciironiole.
Harrisburg, March 17, 1842.
Is the House it was petition day and a num
ber on the usual subjoo'.s were presented.
Mr. Lightner made a motion that the bill for
the payment of domestic creditors, &c, be re
committed to the committee on Ways and
Means with specific instructions io report it bill
proridin for a suspension of all works on un
finished Lines and the Resorvoirs for the pay-
"cnl 01 cowraciors. .or won: uone pr:or to rtiay
i,qj.i ;n ctocc bearinir tin rt rin.
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rate proviuing lur uiu ui.MJiiargs m- engineers,
lock-keepers and collectors, except un ihe
pers ana collectors, except un me mam
line to prevent the work done un unfinished
lines from going to destruction to inflict effect
ual punishments to prevent mischief from beiriT
done to locks, &c. by malicious or evil disposed
persons. But after some discussion, on motion
of Mr. McCnhen, the further consideration of the
resolution of Mr. L. was indefinitely postponed.
Mr. JJeloru reported a bill from the Bank
Committee to enable the Pennsylvania Bank
t0 make an assignment for
the benefit of its
creditors.
Mr. Ryan, a bill to amend the charter of the
Southern Insurance and Trust Company of
Philadelphia
Mr. McCahen from the committee of Wavs
. . . . . . J
aI,d Means reported a bill to tax inheritances
This bill taxes both lineal and collateral inher
nances, making a difference however between
lhe rates, and also making a discrimination be-
Iwaaii flll7fine nitliiQ rrimTiinrnt'o-llt rit i-rotir
" v'v'" " VU.1...IU.I.IV.UU.I, umiio
nc nt.OP Ctt,.c nn.i nr fnr;n ,., r:e n
... a i r r
coruiug iu u. giauiiaicu ataiu ui cuursu prcier
ring our own citizens and taxing lineal inhen
tatices lighter than collateral
'PL. u:n . 1 r.. . r .i
i ue uin iu humuu iui ine juviiit-'iu ui uu
mestic creditors and for repairs (No. 344) then
came up in order a?ain on secon(1 reading. the
question being on Mr. Sterens' amendment pro
poseu yesteraay to me nrsi section oi the Din
Mr. Stevens modified his amendment by of
fering to give the contractors 6 per cent, certifi
cates of State Stock for debts due them for
work done prior to thc 1 st of May last, together
with interest on the same up to the time of re
ceiving their certificates, if they prefer this to
waiting until the Governor shall be able to ne
gociate the balance of the loan authorised May
4th, 1841, and appropriated to the liquidation
of their claims. Mr. Stevens said he had come
to the conclusion after mature reflection that it
would be suicidal to the State to gire more than
six per cent, for any loan, as it would tend to
depreciate her slocks still more, as every body
would conceit they could read her bankruptcy
on the very face of the certificate, and that
whilst she promised an exorbitant interest, she
never intended to pay the principal.
No rote was taken on the bill when the ad
journment hour broke off Mr. Wright's' speech
in the middle of a sentence, he having just ta
ken the floor about five minutes previously."
I.v Senate a good deal of time was occupied
in talking about retrenchment, &c.
Mr. Darsie's bill to reduce the prices of print
ing, &c. passed a second reading.
Mr. Sullivan's bill to shorten sessions and re
duce oilier contingent expenses of Government,
was discussed some time, when the second sec
tion was negatived, Yeas 9, Nays 20. Thc
first section had been previously negatived.
Thc bill to dispose of the main line of im
provements was some time under consideration,
but was. then postponed for the present, on the
motion of Mr. Ewing.
In the morning the Speaker presented a pe
tition from citizens of Philadelphia, asking for
a reduction of the prices for measuring grain in
that city to a level with the prices in Baltimore.
Harrisburg, March 19, 1842.
The business of to-day in both Houses was
entirely of a private and local character.
Amongst the mass of private bills jumbled up
together into what' is usually denominated' an
"omnibus," was a provision which passed in
both Houses, reducing the price of measuring
grain, including flaxseed, beans, and peas, to
25 cents per hundred bushels.
The Switzcrger & Ridgway case which has
been lost in Senate by a tie vote, was offered
in the House by Mr. Bonsall, and a long dis
cussion amongst the lawyers was thc result,
when finally the amendment was withdr'awrp.j
1 In Senate, Mr. Fegely introduced a joint
resolution providing for the suspension of all
Work on the unfinished lines of improvement.
Mr. H nster offered a resolution which was
adopted; calling on' the Auditor General for a
statement of the items comprising the "contin
gent expenses" of the canal commissioners as
contained in their stated account.
Powerful Man. There is a follow down
cast, so powerful in his arms, that he is em
ployed to sqecze tar out oj pine knots.
That was an impudent fullow who defined
woman, -'A-sign, tu hang dry goods oil'
WASHINGTON NEWS. .
Washington, March 19, 1842.
The Senate did not sit to-day.
House. The journal having been read," se
veral petitions were presented on leave, an
referred.
The Speaker laid before the House" severa
Executive communications.
A communication from the Secretary of the
Treasury in relation to the Loan Bill.
Another in relation to Tonnage Duties.
Another in relation to Light Houses.
From the Slate Department in relation to the
Boundary Line between Missouri and Iowa,
communicating correspondence, Sec, in answer
to a resolution of the House.
From the War Department, in relation to the
contingent expenses of the Military iLstabhshment.
From the same department, in relation to Indian
matters.
From the Post Office Department, in relation to
the receipt and transmission ot letters in loreign
steamers. Jteierred to the Uommittee on 'Post Of
fices and Post Roads.
From ihe Treasury Department, in reference to
the Kevcmie Act of 1841.
From the Legislature of Wisconsin Territory
in relation to the Boundary Line. The resolutions
were read declaring the lino defended by one of
the parties to be impracticable.
Phe bills upon the Speakers table, from the
Senate, were then referred to their appropriate
committees.
Mr. Williams then moved that the House resolve
itself into Committee of the Whole on the state of
the Union. Tellers were appointed, and ihe vote
stood as follows ayes 107, noes not cdunied.
Mr. Ward, of N. Y., was called to the chair; and
the consideration of the Loan Bill was resumed.'
Mr. Proflit, of la., was entitled to the floor in
continuation of the speech commenced yesterday.
Mr. Proflit spoke until half past three when Mr.
Gentry got the floor and moved that the Commit
tee rise.
gtMr. Fillmore offered resolutions calling for in
formation in relation to the contingent expenses of
the Courts of the United States with a view of ob
taining information to the reporting of a bill. The
resolution was adopted.
The House adjourned before four o'clock.
The Bank Bill.
AN ACT to provide for the resumption ofSpe
cie payments by the Banks of this Common
wealth, and for other purposes.
Section 1. Beit enacted by the Senate.and
House of Representatives of the Common-
wealth of Pennsylvania, in General Assembly
j met. and it is hereby enacted by the authority
of the same, That "the banks of this common
wealth, from and after the passage of this act,
shall redeem their notes and deposites and other
liabilities in gold and silver coin upon demand
being made at their banking houses during bank
ing hours, and a refusal or failure to pay in gold
and silver as aforesaid, shall be deemed and ta
ken to be an absolute forfeiture of their respec
tive charters. Provided, that no contract pre
viously made, as to the payment of deposites,
shall be affected by the provisions of this section.
Section 2. Upon application to any Court of
Common Pleas, or District Court of the proper
county, or a single judge thereof, in vacation orf
the oath or affirmation of any person setting
forth, that she or he had presented to the proper
officer or officers of any banking institution,
within said county, a note or notes or certificates
ofdeposite, or other liabilities issued by the
same except the notes issued by authority of
thc act of the fourth of May, one thousand eight)
hundred and forty-one, and demanded the pay
ment thereof in gold or silver corn which said
bank had refused or failed to pay, it shall be the
duty of the said court, if in session, or a judge,
in vacation, to direcr a citation to be issued by
the prothonotary of said court, lo the said bank,
in the nature of a summons, which it shall be
the duty of the sheriff or coroner of the proper
county forthwith to serve, commanding the said
bank to appear at the time and place designated
by the said court or judge, not less than five nor
more lhan ten days thereafter. Ancf upon the
hearing; of the parties, if the said court or judge
shall bo satisfied of the truth of said complaint,
and that the provisions of the first section of
this act have been violated, then thc directors
of any such bank of this commonwealth shall
make and execute under their corporate seal, a
general assignment of all their estate real and
personal, to such person orpersons as they may
select (subject to the approbation of tho stock
holders at a general meeting) in trust for the
benefit of all their creditors. Such assignment
shall bo approved by the Court of Common
Pleas, of the county in which such banlc may
be situated, and shall be recorded in tho office
of the recorder cf deeds, of the proper county,
within thirty days from the execution thereof.
Thc said assignees shall' proceed to sell at pub
lic sale all the real and personal estate of said
bank, and shall collect by receiving new secu
rities by renewals, by compromise, by suit at
law or otherwise, all their outstanding ctebts,
and, for this purpose, may use the corporate
name of such Bank. Provided, however, that
the said assignees shall rcceire in payment of
debts due to saill' bank, its own notes and obli
gations, and the checks of its depositors at par.
Tho said assignees, before entering upon the
duties of their office, shall take and subscribe
an oath or affirmation to execute thc trusts con
fided to them with fidelity, which oath or affir
mation shall be filed in tho office of the prolhon
Otary of the proper county, and shall give such
security as thc said court may deem sufficient
to secure tho faithful execution of the tfai'd'trust,
and shall, once in every six months, file an ac
count of their receipts and expenditures, verifi
ed by their oaths or affiirmations, in the office
of the prothonotary of the said court. The said
assignees shall, at least once in every six
months, make a pro rata dividend of the bal
ance in their hands among the several creditors
of said bank, who shall, in pursuance of public
notice, given in such manner and form as shall
be directed by the court, have made claim and
delivered up the evidences of their claims, if
such evidence be in writing, to the said assign,
ees, and received from the said assignees a
certificate of the amount thereof. The said a;
signees shall be allowed such commission or
compensation for their services, as may be
agreed upon in such assignment with the ap
probation of the said court, and shall be subject,
except as herein otherwise provided, to th
several provisions of the act of assembly passed
the fourteenth davof June, one thousand eiht
hundred and thirty-six, entitled "An act rela
ting to assignees, for the benefit of creditors
and 'other trustees.'' That the corporate pow
ers of the said bank shall, after the said as
signment shall be made and executed aforesaid,
cease and determine, except so far as the samn
may be necessary for the following purposes u
wit.
First, for the purpose of suing and being-
sued, and for continuing all suits and proceed
ings at law or equity now pending for or
against said bank.
Second, for the purpose of making such as
surances, conveyances, and transfers and doing
all such acts, matters and things as may be ne
i. i .i ii
cessary or expedient to maKc me saiu assign
ments or the trusts thereof effectual.
Third, for the purpose of citing the said trus
tees to account, and compelling them to exe
cute the said trusts.
Fourth, for the choosing of directors, for the
purpose ot receiving snd distributing amongst
ne stockholders of ihe said bank, such surplus
as shall remain after discharging all ihe dobis
of the said bank : and-it is farther enacted that
the said court or any judge thereof, on applica
tion and proof as aforesaid, may, for the pro
tection of parties interested, issue an attach
ment, cbmmandin he sheriff or coroner forth
with td seize and take posession of the bank
ing house, books, moneys, deposites, papers,
and effects, arid, if the directors shall noi with
in ten days thereafter make an assignment, as
herein before provided, the said court or a ma-
only oi tns tudgos tnereoi, in vacation, snau
appoint three Suitable persons as trustees, who
shall have like powers, and be subjeel to the
sdme provisions as if they had been appointed
by the directors with the approbation of the
stockholders.
Section 3. It shall be lawful for the direct
ors of any bank in this commonwealth, when
ever they deerri it expedient, to wind up the
affairs of such bank, to make a general assign
ment of all the estate, real and personal, of the
bank ; subject to the conditions and provisions
relating to assignments bv directors of banks,
provided in the second section of this act ; and
it shall be the duty of the directors of any bank
to make and execute an assignment as afore
said whenever directed by a majority of the
stockholders in a general meeting of the stock
holders of such bank.
Sec. 4. It shall not he lawful for any bank
of this Commonwealth, after the passage of this
act, to issue or pay otil any bank noles other
than those issued by itself, payable on demand
in gold or silver, n'otes of specie paying banks,
or notes of banks legally issued under the au
thority of the act of the fourth day of May, one
thousand eight hundred and forty-one, at the
option of the person receiving the same ; and
any violation of this provision shall work an ab
solute forfeiture of its charter, and be proceeded
against in the manner prescribed in the second
section of this act. Provided, however, That no
contracts heretofore made, as to the payment
of deposites shall be in any wise effected.
Sec. 5. It shall be the duty of the cashiers
of the several banks of this Commonwealth, on
the first Monday 6f January,- April, July and
October, in each year, to make out a list under
oath or affirmation, of the amount of moneys
loaned, notes in circulation, specie on hand and
deposits, which shall be open in the banking
house to the inspection of any stockholder un
der the penalty of five hundred dollars, to bo
recovered as debts of similar amount are now
recoverable, one half for the use of the prose
cutor, and the other half for the use of the
Commonwealth; an director shall be permitted
at all times to inspect the books and accounts
of the bank, of which he is a director.
Sec. 6. That execution or process in the na
turo 6f an execution, shall be stayed upon all
judgments which may be hereafter obtained in
any court of this Commonwealth, or before any
alderman or justice of the peacc.wherein any
bank of this Commonwealth which accepted
the provisions 6f the act of fourth May, one
thousand eight hundred and forty-one,, shall be
plainlhTor the party in interest, so long as said
bank shall fail or refuse to comply with the
provisions of the first section of this act or until
said bank shall have made an assignment
Agreeably to the second section-.1 Provided,
That nothing herein contained shall be constru
ed to interfere with the security-of any judg
ment obtained as aforesaid. And provided also,
That a refusal to redoom the notes issued in
pursuance of the act of fourth May, dno thous
and eight hundred and forty one, except as re
quired by said' act, shall not bring any of said
banks within the provisions of this section.
Sdc. 7. And bo it further enacted by the au
thority afofesaid, that from and after the pas
sage of this act, it shall not be lawful for the
cashier of any bank in this Commonwealth, to.
engage in any other profession,. occupation,- or
calling either directly or indirectly, than that of
tho duties appertaining to the office of cashier;
and so much of the fifth article of the act of the
twenty-fifth day of March, one thousand eight
hundred and twenty-four, as- authorizes the
president and board of directors of any bank, to
grant permission to a cashier to carry on any
other business, be, and the same is hereby re
pealed. And if any cashier of any bank in this
Commonwealth shall hereafter, either director
or indirectly, ongage in the purchase and sale
of stocks or any other profession, occupation o