AN ACT to amend an act entitled an act more effectually to secure the solvency of all the Banking Institutions of this State, passed the 24th day of December, 1832. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia, in General Assembly met, and it is hereby enacted by the authority of the same, That from and after the passage of this act, it shall be the duty of each and every branch Bank, or Office of Discount and Deposit in this State, to make report to the Governor semi-annually, separate and distinct from the report of the principal Banks as required by the above recited act. SEC. 2. And be it further enacted by the authority aforesaid, That from and after the passage of this act, it shall be the duty of Directors of the several Banks, branch banks, and offices of Discount and Deposit in this State, in their semiannual report to the Governor, to specify the amount due each Bank, branch bank, or office of discount and deposit, so making report by each of the Directors thereof, either for Capital Stock thereof, or for monies borrowed from the same upon any bond, note, bill of exchange, or other obligation, whether the same may have been borrowed on the obligation of such director or directors, or upon the obligation of any other person or persons for the use or benefit of such Directors, specifying the amount of such indebtedness any time within the preceding six months; which said report shall be sworn to by the Directors of the Bank, branch bank, or office of discount and deposit so making the same, and the affidavits thereof shall accompany said reports. SEC. 3. And be it further enacted, That whenever it shall so happen that any Director in Bank, branch Bank, or office of discount and deposit in this State, shall resign, or be removed from Directorship as aforesaid, whether the same be voluntary or not, it shall be the duty of such Director to make affidavit of the facts required by the second section of this act, up to the time of his removal, or resignation, which affidavit shall accompany the semi-annual report required as aforesaid. SEC. 4. And be it further enacted, That it shall be the duty of the President or Cashier of the several Banking Institutions of this State, or their branches, or offices of discount or deposit, to specify in their semi-annual report to the Governor, the aggregate amount due said Institutions by stockholders thereof, either on bond, note, bill of exchange, or other obligations, without specifying the names of said stockholders, unless the amount due by any one stockholder shall exceed the sum of ten thousand dollars, in which case it shall be their duty to specify the name of each stockholder who shall be indebted to a greater amount than the sum aforesaid; which report shall be made under all the solemnities required by said act to which this act is an amendment. JOSEPH DAY, Speaker of the House of Representatives. President of the Senate. Assented to, December 23d, 1839. CHARLES J. McDONALD, Governor. AN ACT to repeal so much of the act passed on the sixteenth day of December, in the year one thousand eight hundred and fifteen, incorporating the Bank of the State of Georgia, as requires the establishment of an office of Discount and Deposite at Milledgeville, and to authorize the discontinuance of the office heretofore established there. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia, in General Assembly met, and it is hereby enacted by the authority of the same, That so much of the act of the General Assembly of the State of Georgia, passed on the sixteenth day of December, in the year one thousand eight hundred and fifteen, incorporating the Bank of the State of Georgia, as requires in the fifteenth fundamental rule or article of the Corporation of said institution, that an office of discount and deposit be established in the town of Milledgeville, be, and the same is hereby repealed. SEC. 2. Be it further enacted by the authority of the same, That it shall be lawful for the Directors of the Bank of the State of Georgia, from and afrer the passage of this act, to close at their discretion, the affairs of the office of discount and deposit heretofore established at Milledgeville, and to transfer the capital heretofore employed there, to such point as may seem to them proper. SEC. 3. And be it further enacted by the authority of the same, That all acts or parts of acts, so far as they militate with this act, be, and the same are hereby repealed. JOSEPH DAY, Speaker of the House of Representatives. President of the Senate. Assented to, December 21st, 1839. CHARLES J. McDONALD, Governor. AN ACT to amend the Charter of the Monroe Railroad and Banking Company. SECTION 1. Be it enacted by the Senate and House of Rep resentatives of the State of Georgia, in General Assembly met, and it is hereby enacted by authority of the same, That the Monroe Railroad and Banking Company shall be, and they are hereby authorized to construct a branch of their Railroad from any point on the same, which they may think most suitable for the purpose, to West Point in Troup county, or any neighboring point which may be most eligible for the termination of said branch road, on or near the Chattahoochee river. SEC. 2. Be it further enacted, For the construction of said branch road, the said company shall be authorized to make the necessary increase of capital by receiving new subscriptions of stock, which shall not in proportion to the length of said branch exceed the capital allowed for the main road of said Company from Macon to the Western and Atlantic Railway. SEC. 3. And be it further enacted, That all the rights, privileges and immunities, excepting Banking privileges, which the said company possess under its existing charter, in reference to the road of said company from Macon to the Western and Atlantic Railway, shall also be possessed and enjoyed by said company in reference to the branch road authorized by this act. JOSEPH DAY, Speaker of the House of Representatives. President of the Senate, Assented to, December 23d, 1839. CHARLES J. McDONALD, Governor. AN ACT explanatory and amendatory of the thirtyseventh section of an act assented to on the twentysixth day of December, one thousand eight hundred and thirty-eight, authorizing the business of banking, and regulating the same. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia, in General Assembly met, and it is hereby enacted by the authority of the same, That from and after the passage of this act, that it shall be the duty of the Comptroller and Commissioners that now are, and that hereafter may be appointed agreeable to the provisions of the said thirty-seventh section of the above recited act, on the application of any person or persons or associations of persons to the said Comptroller and Commissioners that now are, or that may hereafter be appointed agreeable to the provisions of the above recited section, for the object therein contained, the appointment of commissioners, or for other duties required of the said Comptroller and Commissioners, to enable any person or persons or association of persons, for the constitution of a bank or banks, agreeable to the provisions of the above recited act, shall make a fair and regular entry of the time that the said Comptroller and Commissioners have been actually in service in the duties required of them in the provisions of the said recited act, plainly setting forth the name of the person or persons or association of persons thus applying, with the name of the place of location of any such entered Company or association of persons. SEC. 2.. And be it further enacted by the authority of the same, That the Comptroller and Commissioners that now are, or that shall hereafter be appointed by the provisions of the above recited section, shall not charge, claim or receive, from any person or persons or association of persons, any sum or sums of money, otherwise than from the person or persons or association of persons by whom application may be made to said Comptroller and Commissioners, for the appointment of appraisers or commissions for any company or companies with the intention of Banking, agreeable to the provisions of the above recited act, shall be fined in a sum not less than five hundred dollars for every such offence, recoverable in any court in this State having competent jurisdicion of the same, one moiety to the prosecutor, and the other moiety to the county where such action shall be instituted, for county purposes; any law, usage of custom to the contrary notwithstanding. JOSEPH DAY, Speaker of the House of Representatives. ROBERT M. ECHOLS, President of the Senate. Assented to, December 21st, 1839. CHARLES J. McDONALD, Governor. CITIZENSHIP. AN ACT to grant the rights and privileges of citizenship to certain persons and their descendants of the Cherokee tribe of Indians, herein named, and to remove all legal disabilities heretofore imposed on said tribe of Indians, so far as respects said persons. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia, in General Assembly met, and it is hereby enacted by the authority of the same, That the wife and children of Daniel Davis of the county of Lumpkin, Mrs. Burnhill and her children, Benjamin R. Dougherty and his children, and the wife of Isaac Morris and her children, all of Lumpkin county, be, and they and each of them are hereby permitted to enjoy all the rights and privileges that appertain to and belong to the free citizens of this State, and that all disabilities heretofore imposed upon said persons of the Cherokee tribe of Indians, be, and the same are hereby repealed. SEC. 2. And be it further enacted, That the before mentioned persons shall be liable to do and perform all and singular the duties of citizens of Georgia. SEC. 3. And be it further enacted, That the said rights and privileges are granted to said individuals upon the condition that no suit or action is hereafter to be commenced by them or any of them for the recovery of any land heretofore or hereafter to be granted by this State, and to which they may claim title as Indians or the descendants of Indians. SEC. 4. And be it further enacted, That all laws or parts of laws militating in any wise, against the provisions of this act, be, and the same are hereby repealed. JOSEPH DAY, Speaker of the House of Representatives. ROBERT M. ECHOLS, President of the Senate. Assented to, December 21st, 1839. CHARLES J. McDONALD, Governor. |