Page:United States Statutes at Large Volume 3.djvu/306

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days after the termination thereof: Provided always, That no letter of packet shall exceed two ounces in weight, and in case of excess of weight, that excess alone shall be paid for.

Certain sections of former acts repealed.
Act of April 30, 1810, ch. 37.
Act of February 27, 1815, ch. 65.
Sec. 4. And be it further enacted, That the eleventh and twenty-eighth sections of the act, entitled “An act regulating the post-office establishment,” approved April thirtieth, one thousand eight hundred and ten, and the first and second sections of the act, entitled “An act in addition to the act regulating the post-office establishment,” approved February twenty-seventh, one thousand eight hundred and fifteen, and the fourth and fifth sections of the same, except such parts as relate to steamboats, their masters, or managers, and persons employed on board the same, be, and the same are hereby repealed.

This act in force from 31st March, 1816.Sec. 5. And be it further enacted, That this act shall take effect from and after the thirty-first day of March, one thousand eight hundred and sixteen.

Approved, April 9, 1816.


Statute I.


April 10, 1816.
[Repealed.]

Chap. XLIV.An Act to incorporate the subscribers to the Bank of the United States.[1]

Act of March 3, 1819, ch. 73.
A bank of the United States, with a capital of 35,000,000 dollars, &c.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That a bank of the United States of America shall be established, with a capital of thirty-five millions of dollars, divided into three hundred and fifty thousand shares, of one hundred dollars each share. Seventy thousand shares, amounting to the sum of seven millions of dollars, part of the capital of the said bank, shall be subscribed and paid for by the United States, in the manner hereinafter specified; and two hundred and eighty thousand shares, amounting to the sum of twenty-eight millions of dollars, shall be subscribed and paid for by individuals, companies, or corporations, in the manner hereinafter specified.

Sec. 2. And be it further enacted, That subscriptions for the sum of twenty-right millions of dollars, towards constituting the capital of the said bank, shall be opened on the first Monday in July next, at the following places:Places, &c. for receiving subscriptions. that is to say, at Portland, in the District of Maine; at Portsmouth, in the state of New Hampshire; at Boston, in the state of Massachusetts; and Providence, in the state of Rhode Island; at Middletown, in the state of Connecticut; at Burlington, in the state of Vermont; at New York, in the state of New York; at New Brunswick, in the state of New Jersey; at Philadelphia, in the state of Pennsylvania; at Wilmington, in the state of Delaware; at Baltimore, in the state of Maryland; at Richmond, in the state of Virginia; at Lexington, in the state of Kentucky; at Cincinnati, in the state of Ohio; at Raleigh, in the state of North Carolina; at Nashville, in the state of Tennessee; at Charleston, in the state of South Carolina; at Augusta, in the state of Georgia; at New Orleans, in the state of Louisiana; and at Washington, in the district of Columbia. And the said subscriptions shall be opened under the superintendence of five commissioners at Philadelphia, and of three commissioners at each of the other places aforesaid, to be appointed by the President of the United States, who is hereby authorized to make such appointments, and shall continue open every day, from the time of opening the same, between the hours of ten o’clock in the forenoon and four o’clock in the afternoon, for the term of twenty days, exclusive of Sundays, when the same shall be closed, and immediately thereafter the commissioners, or any two of them, at the respective

  1. For the act incorporating the first Bank of the United States, see vol. i. 191.
    Notes of the decisions on the acts incorporating the Bank of the United States, vol. i. 192.