ment of representa tives. Apportion- shall, four representatives; the county of Monroe, two representatives; the county of Neshoba, one representative; the county of Newton, one representative; the county of Noxubee, two representatives; the county of Oktibbeeha, one representative; the county of Perry, one representative; the county of Pike, two representatives; the county of Ponola, one representative; the county of Pontotoc, one representative; the county of Rankin, two representatives; the county of Scott, one representative; the county of Simpson, two representatives; the county of Smith, one representative; the county of Tallahatchee, one representative; the county of Tippah, two representatives; the county of Tishamingo, two representatives; the county of Tunica, one representative; the county of Warren, one representative; the city of Vicksburg, two representatives; the county of Washington, one representative; the county of Wayne, one representative; the county of Wilkinson, two representatives; the county of Winston, one representative; the county of Yallabusha, three representatives; the county of Yazoo, two representatives. Apportionment of senators. SEC. 2. Be it further enacted, That the following shall be the apportionment of senators for the state aforesaid, to wit:-The county of Wilkinson, one senator; the county of Adams, one senator; the county of Amite, one senator; the county of Pike, one senator; the counties of Lawrence and Marion, one senator; the counties of Perry, Greene, Jackson, and Hancock, one senator; the counties of Jones, Covington, Wayne, and Clarke, one senator; the counties of Jasper, Newton, Smith, and Scott, one senator; the counties of Rankin and Simpson, one senator; the county of Copiah, one senator; the county of Claiborne, one senaior; the county of Warren, one senator; the county of Hinds, one senator; the county of Yazoo, one senator; the county of Madison, one senator; the counties of Leake, Attala, and Neshoba, one senator; the counties of Kemper and Lauderdale, one senator; the counties of Winston and Noxubee, one senator; the counties of Carroll and Tallahatchee, one senator; the county of Holmes, one senator; the counties of Jefferson and Franklin, one senator; the county of Yallabusha, one senator; the counties of Wash ington, Bolivar, Coahoma, Tunica, and De Soto, one senator; the counties of Lafayette and Ponola, one senator; the county of Marshall, one senator; the counties of Choctaw and Oktibbeeha, one senator; the counties of Pontotoc, Itawamba, and Chickasaw, one senator; the counties of Tippah and Tishamingo, one senator; the county of Monroe, one senator; the county of Lowndes, one senator. SEC. 3. Be it further enacted, That all acts and parts of Repeal. acts contravening the provisions of this act be, and the same are hereby repealed. Approved, May 12, 1837. AN ACT to guard against the insolvency of the banks and moneyed corporations in this state, and to secure the rights of creditors thereof. sioners ; SECTION 1. Be it enacted by the Legislature of the state of Mississippi, That three persons to be styled the bank Commiscommissioners of the state of Mississippi, shall be appointed their duty. in the manner hereinafter provided, whose duty, or the duty of a majority of whom, it shall once in each year, and at such other times as under the provisions of this act they may be required, to visit every bank, branch bank, or moneyed corporation which, by its charter is subject to examination by a committee of the legislature, or such commissioners as they may appoint, and thoroughly to inspect the affairs of the said bank, branch bank, or moneyed corporation, to examine all the books, papers, notes, bonds, and other evidences of debt of said banks, or moneyed corporations, to compare the funds and property of said banks, or corporations, with the statement to be made by them, as hereinafter provided; to ascertain the quantity of specie the said banks or corporations have on hand, and generally to make such inquiries as may be necessary to ascertain the actual condition of the said banks or corporations, and their ability to fulfil all the engagements made by them. ject to this SEC. 2. Be it further enacted, That all banks and cor- Future porations having banking privileges that shall hereafter be banks subcreated under the authority of this state, shall be subject to act. the provisions contained in this act. Duty of commis SEC. 3. Be it further enacted, That it shall be the duty of said commissioners, or any two of them, to visit and sioners in inspect the condition and affairs of any bank, branch bank, or moneyed corporation, more frequently than once in twelve months, if required so to do by any three of the banks in this state, subject to the provisions of this act. certain cases. Their powers. SEC. 4. Be it further enacted, That the said commissioners or either of them, shall have power to examine upon oath all the officers, servants, or agents of said bank, branch bank, or corporation, or any other person in relation to the affairs and condition of said bank or corporations, which oath the said commissioners, or either of them, are personally authorized to administer. SEC. 5. Be it further enacted, That if the said commisApplication sioners shall ascertain from such inspection, examination, to court of or in any other way or manner, that any of said banks, chancery. branch banks, or corporations, are insolvent, or shall have violated any of the provisions of their acts or acts of incorporation, or of any other act, binding upon such banks or corporations, the said commissioners shall immediately apply to the court of chancery, upon bill, petition, or any injunction against such banks or corporations, and its officers, and the same proceeding shall in all respects be had, and the court shall possess the like powers upon such application as are provided by law in respect to such applications when made by the attorney-general, or by any creditor. Report. to elect commis SEC. 6. Be it further enacted, That it shall be the duty of the said commissioners, by the tenth day of January, in each and every year, to report to the acting governor for the time being, the manner in which they have discharged the duties imposed upon them, and to accompany such report by such abstracts from the reports made to them, and by such other statements as they may deem useful. SEC. 7. Be it further enacted, That the legislature proLegislature ceed immediately after the passage of this act to elect the said commissioners, who shall proceed as early as practicasioners. ble to make a thorough examination as aforesaid, and report the result as early as may be, to the executive of this state: Provided, that said commissioners shall be compelled to Personal accounts. reveal the conditions of their own accounts with any and all the banks of this state. SEC. 8. Be it further enacted, That whenever a vacancy shall happen in the office of either of the said commis- In case of sioners, from any cause whatever, it shall be the duty of Vacancy. the governor as soon as informed of the fact, forthwith to appoint from the same district, some suitable person to fill such vacancy. office. SEC. 9. Be it further enacted, That the said commis- Term of sioners shall hold their office for the term of two years, but shall be at any time removable by the governor for misconduct or neglect of duty. SEC. 10. Be it further enacted, That before the said commissioners shall enter upon the execution of the duties Oath. of their office, they shall severally take the constitutional oath of office before the secretary of state, or some one of the circuit judges, or judges of the court of probates of any county, and within twenty days thereafter, shall cause such oath, certified by the officer before whom it was taken, to be filed in the office of the secretary of state. names. SEC. 11. Be it further enacted, That the said commissioners shall not disclose the names of the debtors of any of Not to said banks or corporations examined by them, or any infor- disclose mation obtained in the course of such examination, unless required in a court of justice, or in the course of some proceedings authorized by this act. Duty of SEC. 12. Be it further enacted, That it shall be the duty of the governor, on the application of any three of the banks or moneyed corporations in this state, subject to the pro- governor. visions of this act, to notify the said commissioners of the said applications, and to require them forthwith to proceed to such bank or other moneyed corporation, as shall have been designated in the aforesaid applications, and to make such examinations as may be necessary to ascertain the true condition of said bank or corporation, and as soon as such examination has been completed, to report to him the result; and on receiving any report from said bank commissioners, shall cause the said report, with accompanying documents, to be filed in the office of the secretary of state, and to cause the same to be delivered to the legislature then in session, Pay of commissioners. To take effect. or if not in session, at the time during the first week of the first session thereafter. SEC. 13. Be it further enacted, That there shall be allowed to each of said commissioners, the sum of eight dollars for every day he shall be actually engaged in the discharge of the duties required by this act, and eight cents for every mile necessarily travelled in going to and returning from the banks or corporation, by said commissioners so examined, estimating the distance from the seat of government of the state, to be paid out of any money in the treasury not otherwise appropriated, and for this purpose the auditor of public accounts is hereby authorized to draw his warrant on the treasurer of the state for the same, at any time that said commissioners may present their accounts properly authenticated. SEC. 14. Be it further enacted, That this act shall take effect and be in force from and after the first day of January eighteen hundred and thirty-eight. Approved, May 12, 1837. Branch at Capital stock increased. AN ACT to amend the charter of the Planters' Bank of the State of SECTION 1. Be it enacted by the Legislature of the state of Mississippi, That the Planters' Bank in said state may, if it deem it expedient, establish a branch of said bank in the town of Tchula, in the county of Holmes, with a capital not exceeding five hundred thousand dollars; which branch bank, shall be subject to the same rules and regulations, as are provided for other branches of said bank. SEC. 2. Be it further enacted, That for this purpose, the capital stock of said bank may be increased five hundred thousand dollars, for the taking of which capital stock, books shall be opened in the city of Natchez and the town of Tchula, and at such other points as said bank may designate, according to the provisions of the charter to which this is an amendment; and under the supervision of such commissioners as the mother bank may appoint, and at such time as said bank may direct. And said Planters' Bank |