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TITLES OF RESOLUTIONS

Passed at the Fifth Session of the General Assembly,

1850-'1.

1. Preamble and Resolutions requesting our Members in Congress to procure the passage of an act to Graduate the Price of Public Lands in this State.

2. Resolution relative to the Public Lands in the State of Florida.

3. Preamble and Resolutions relative to Lands Granted to this State for Seminaries of Learning.

4. Preamble and Resolutions relative to Lands Granted by Congress to the State for pur poses of Internal Improvement, and for fixing the Seat of Govern

ment.

5. Preamble and Resolution asking an Appropriation of Land by Congress to aid in the Construction of the Atlantic and Gulf Rail Road Company.

6. Resolution asking an Appropriation of Land by Congress to aid in Building a Plank Road from Alligator to Jacksonville.

7. Preamble and Resolutions relative to the Sixteenth Sections.

& Resolutions relative to the Establishment of a Bureau of Agriculture at the City of Washington.

Resolution relative to a Grant by Congress of a Quarter Section of Land for the County-site of Calhoun County.

10. Preamble and Resolutions relative to Chipola River.

11. Preamble and Resolutions relative to Mosquito Inlet.

12. Preamble and Resolutions relative to a change of the Mail Route between Tallahassee and Madison.

13. Resolution relative to establishing a Tri-Weekly Mail between certain points. 14. Preamble and Resolution urging upon Congress the payment for losses sus tained by the Citizens of Florida, at the late Hostilities of the Seminole Indians, and asking the appointment of a Commissioner to take the Testimony relative, thereto.

15. Preamble and Resolutions relative to the Payment of certain Companies of Florida Volunteers.

16. Preamble and Resolution relative to the Payment of Volunteers legally called into service for the defence of the Frontier of Florida.

17. Preamble and Resolution of the General Assembly of Florida relative to the Claim of Levi F. Mosher, deceased.

18. Preamble and Resolutions relative to Appeals in cases of Admiralty.

19. Resolution requiring Judges of Probate to issue Writs of Election in certain

cases.

20. Preamble and Resolutions tendering a welcome to Mr. Edmond LaFayette. 21. Resolution appropriating ten per cent. upon the Auction Taxes to the Common School Fund for the several Counties in this State.

22. Resolution relative to Auction Taxes in the Counties of Monroe and Escam bia.

23. Resolutions relative to a Fee Bill for Medical Services.

24. Resolution respecting Lands Selected for the State.

25. Resolutions relative to the Establishment of two Seminaries of Learning. 26. Resolution for the relief of Joel L. Lockhart.

27. Resolutions for the relief of Isaac P. Hardee and L. D. Rogers.

28. Resolutions authorizing the Treasurer of this State to purchase of the Rev. George White, six copies of his Work on the Statistics of the State of Georgia.

29. Resolution for the relief of Thomas Langford.

30. Preamble and Resolution for the relief of Henry C. Wilson.

31. Resolution relative to a Seal for Hernando County.

32. Resolution relative to the employment of a Clerk in the Comptroller's Office. 33. Resolution to increase the Bond of the Treasurer of the State of Florida.

34. Resolutions authorizing the construction of Fire-proof Vaults in the Capitol. 35. Resolution relative to Copying the Laws of the present Session.

36. Resolution relative to Printing the Laws and Resolutions of the present General Assembly.

37. Resolution relative to the Distribution of the Laws and Journals of the present Session.

PROPOSED AMENDMENTS TO THE CONSTITUTION.

1. An act to amend the Eleventh Clause of the Fifth Article of the Constitution of this State, and, also, to amend an act amendatory of the Twelfth Clause of the Fifth Article of the Constitution of this State and adopted by the Third and Fourth General Assemblies, so as to give the Election of Judges to the People.

2. An act to amend the Seventeenth Clause of the Fifth Article of the Constitution of this State.

LAWS

OF THE

STATE OF FLORIDA,

PASSED AT THE FIFTH SESSION OF THE GENERAL ASSEMBLY,

1850-'1.

THOMAS BROWN, Governor. C. W. DOWNING, Secretary of State. JOHN Beard,
Comptroller of Public Accounts. WILLIAM R. HAYWARD, State Treasurer.
DAVID P. HOGUE, Attorney General. R. J. FLOYD, President of the Senate.
NEILL MCPHERSON, Secretary of the Senate. HUGH ARCHER, Speaker of the
House. W. H. MILTON, Clerk of the House.

1850.

CHAPTER 312.-[No. 1.]

AN ACT to Incorporate a Bank in the City of Tallahassee. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Florida in General Assembly convened, That a Bank shall be established in the City of Tallahassee, in the manner and on the conditions, limitations and restrictions which are hereaf ter provided:

Bank established.

Name and

Powers of stockholders.

SEC. 2. Be it further enacted, That the said Bank is hereby made a corporation and body politic by the name and style of the "State Bank of Florida," and by that name, all those who shall become style of Bank. subscribers to the said Bank, their successors and assigns, shall be capable in law to have, purchase, receive, enjoy and retain to themselves and their successors, such personal and real estate as are hereinafter named, to sue and be sued, plead and be impleaded, answer and be answered, defend and be defended, in courts of record or any other place whatsoever; and also to have and make a common seal, and the same to break, alter and renew at pleasure, and also to ordain, establish and put into execution such by-laws, ordinances and regulations as shall seem necessary and expedient for the government of said corporation, not being contrary to the laws and Constitution of this State and the laws and Constitution of the United States; and generally to do and perform such acts and things,

1850.

which to them it shall or may appertain, to be subject, nevertheless, to the rules and regulations hereinafter expressed.

SEC. 3. Be it further enacted, That the capital stock of said Capital stock. Bank shall not exceed one million of dollars, to be divided into ten thousand shares of one hundred dollars each.

Books of sub

open.

Division of stk.

to tions.

Proviso.

SEC. 4. Be it further enacted, That subscriptions for constituting the capital stock of said Bank shall be opened on the first day of March next, at the city of Tallahassee, under the superintendence of scription, Low Leslie A. Thompson, James T. Archer, John W. Argyle, Henry L. long to be kept Rutgers, Charles H. Dupont, John G. Gunn, Reddin Parramore, James Kirksey, William Bailey, William R. Pettes, David C. Wilsɔn, Robert W. Williams and Daniel Ladd, any five of whom shall be competent to discharge the duties of their appointment on giving twenty days' notice thereof in one of the public newspapers at Tallahassee; and the books of subscription shall be kept open for the space of sixty days, and if at that time more than the whole amount of the stock is found to be subscribed, the entire stock shall be divi'ded among the subscribers, in proportion to their several subscripRes rictions as tions; during which time it shall be lawful for any individual or cosubscrip- partnership, a majority of whom being citizens of Florida and of the United States, corporation or body politic established in the United States, (banking institutions excepted,) to subse.ibe for any number of shares not exceeding one hundred: Provided, nevertheless, That if the whole number of shares are not taken within sixty days, as scription to be aforesaid, the said commissioners shall keep said books of subscrippaid. tion open for twenty days thereafter, or until six thousand shares shall be subscribed for, if within one year; during which time it shall be lawful for any individual, co-partnership, corporation or body politic, to subscribe for any number of shares; and the shares respectively subscribed for shall be paid for by instalments in gold and silver coin that is to say, the first instalment shall be twenty per centum on the arount of subscription, and shall be paid for at the time the shares are taken; the second instalment shall be ten per centum, to be paid within three months after the books of subscription shall be closed; the third instalment shall consist of ten per centum on each share, to be paid within six months after the Bank shall have gone into operation, and the balance of sixty per cent. to be paid at the discretion of the Directors: Provided, That not more than ten per cent. shall be called in within one year commencing from the time of the payment of the third instalment: And provided further, That at least sixty days' notice shall be given to the stockholders before said instalment shall be required.

How amount of sub

ed on

failure

SEC. 5. Be it further enacted, That if any individual, co-partnerShares forfeit- ship or corporation, as aforesaid, shall fail to pay for their respective shares, at the time before mentioned by the provisions of this act, such shares upon which failure may happen to accrue, shall be forfeited, and may again be disposed of in such manner as the Di

to pay.

rectors shall order, and the sums which may have been paid thereon shall enure to the benefit of said Bank.

1850.

books of sub

rectors.

SEC. 6. Be it further enacted, That so soon as the books of subscription to the capital stock of said Bank shall have been closed, it shall be the duty of the aforesaid commissioners to give public notice thereof in one of the newspapers printed in the city of Talla- Duty of com's hassee, in which notice they shall designate the day upon which upon closing the second instalment upon said capital stock will become payable; scription and said commissioners shall, at the same time and manner, appoint a day, at least twenty days from the date of such notice, in which the stockholders of said Bank are to meet in Tallahassee, for the purpose of electing nine directors, for the purpose of managing the bu siness of said Bank. And it shall, moreover, be the duty of said commissioners to take the necessary measures for procuring the necessary books, plates, &c., required for the operations of the Bank; and at the meeting of the stockholders, it shall be lawful for them to proceed to the election of the directors aforesaid, and a majority of Election of Divotes given in shall be required to make an election; and the Directors then elected shall be capable of serving, by virtue of such elec- Duty of first tion, until the first Monday in January ensuing the time of such Directors. election, and shall receive from the commissioners the money which may have been received by them, together with all books, papers, &c., belonging to said bank; and shall take the necessary measures to put the bank into operation as soon as the sum of one hundred Subsequent eand twenty thousand dollars shall have been paid in by the stock- lections. holders; and the said stockholders shall, on the first Monday in, January next, as aforesaid, and annually on the same day thereafter, hold an election for the Directors of said Bank in the city of Tallahassee; and it shall be the duty of the directors, at their first meeting subsequent to the election, to choose one of their number as President; and if it should at any time happen that an election for Directors should not be made upon the day when, pursuant to this act, it ought to have been made, the corporation shall not for that cause be deemed to be dissolved, but it shall be lawful on any other day to hold and make an election of Directors, in such manner as shall have been directed by the laws and ordinances of said corporation; and the Directions for the time being shall, in all cases, continue to act, until their successors are elected; and in the case of death, resignation or absence from the State of a Director, his place may be filled for the remainder of the year by a new choice to be made by the remaining Directors.

SEC. 7. Be it further enacted, That the Directors for the time being, shall have power to appoint such officers, clerks and servants, Appointment to take such security, and to administer to them such oaths as said of Officers, &c. Directors shall deem necessary, and to allow them such compensation for their services as shall be reasonable, and shall be fixed by the laws and ordinances of the san.e.

HENRY C. CLARK
Jacksonville, Fla.

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