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An Act to incorporate the Citizens' Bank of Louisiana. 1833 172 (1833.1)

handle is hein.slavery/ssactsla0170 and id is 1 raw text is: AN ACT To incorl orate the Citizens' I.nk of Louisians. SECT. 1. Be it enacted by the Senate and House of Representatives of the State of Louisiana, in General Assem- bly convened, That there shall be established in the city of Bank estat. New Orleans, a Bank, under the name and title of The Ushed. Citizens' Bank of Louisiana: that the capital of said Bank Capital. shall be twelve millions of dollars, to be formed and pro- cured by means of a loan, or loans, to be made by the di. rectors of said Bank, in manner and form, and on the terms and conditions herein after prescribed. Books to be SECT. 2. Be it further enacted, 4c. Tlt the books of opened. subscription, for the sum of fourteca millions four hundred thousand dollars, to be divided into shares of one hundred dollars each, and intended to secure the said loan of twelve millions of dollars, shall be opened, as soon as may be, after the promulgation of this act, twenty days notice thereof having been previously given in two of the news papers published in New Orleans: that the said books shall be tubscriptions. opened by, and the subscriptions to the stock of the said Bank received, under the superintendance and controul of' the seven commissioners hereinafter named. The said books of subscription shall be kept open every day, Sundays ex. cepted, froi ten o'clock, A. M. until three o'clock, P. M. at such place in the city of New Orleans, as a majority of the said commissioners shall determine, and shall be kept open for and during the space of four months, and may be con- tinued open for a longer time, to be fixed by the said com- missioners, or a majority of them, in case at leat twenty-four thousand shares should not, at that time, have been subscrib- ed. That books of subscription for the stock of said Bank shall also be opened at the court-house, or judge's office, where there is no court-house, in every other parish of this State, under the inspection of three commissioners at each of thq aforesaid places, as hereinafter named. The said managers shall give twenty days previous notice, by advertising ir

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