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CONCERNING THE PUBLIC REVENUE.
fusing to let
bank or banking association in this State, organized, created or
SECTION 4. Be it further enacted by the authority aforesaid,
shall be col
('ONCERNING THE PUBLIC REVENUE.
SECTION 5. Be it further enacted as aforesaid, That the State Collector for Treasurer may appoint one collector for each of the counties of
the State; such appointment shall be in writing, and notice
thereof shall be given in one or more newspapers published in official bond the county for which the appointment is made. The official bond Treasurer. of the State Treasurer shall be liable for all money received
under the provisions of this act by him or the collector whom he Collectors to may appoint. The State Treasurer shall require the collector to give bond. give bond in such amount and with such security as he may
approve, conditioned for the collection of all taxes committed to
them and the payment of all taxes by them collected to the State Compensa Treasurer; he shall pay to the collector by him appointed two
per cent. on the amount of taxes which they may collect, to be deducted from the commissions of the State Treasurer for his services under this act.
SECTION 6. Be it further enacted by the authority aforesaid, That the State Treasurer shall receive for the performance of the
duties imposed by this act, three per cent. on the amount of tion of State taxes collected.
SECTION 7. Be it further enacted by the authority aforesaid,
That upon the payment in any year of the tax herein provided State banks, by the shareholders in any banking association which has been site, corydor changed or converted from a State bank into such banking assosionpaying said'tax, to ciation, such State bank so converted shall, for any year such from tax im- tax has been paid by the shareholders aforesaid, be exempt from
the payment of the tax provided for in their act of incorporation ters, &c.
and laws of the State applicable to such corporation.
Passed at Dover, February 16, 1866.
posed by their char
Revised Code, 24.
striking ont certain words relating to
SEC. 2. Sections 9 and 12 of said Chapter
stricken out. 3. The assessment of slaves to be stricken
from the assessment books, 4. Future publications,
Rev. Code, An Act to amend Chapter 10 of the Revised Statutes of the State of Dela
ware, entitled “Assessors," and for other purposes.
SECTION 1. Be it enacted by the Senate and House of RepresenChap. 10, tatives of the State of Delaware in General Assembly met, That
Section 7 of Chapter 10 of the Revised Statutes of the State of
Section 7 of
CONCERNING THE PUBLIC REVENUE.
Delaware, entitled "Assessors," be and the same is hereby amended Certain
SECTION 2. And be it further enacted by the authority aforesaid,
SECTION 3. And be it further enacted by the authority aforesaid,
SECTION 4. And be it further enacted by the authority aforesaid, That in all editions of the Laws of this State hereafter to be Future pub published, the said Chapter 10 shall be published as hereby amended.
Passed at Dover, February 8, 1866.
An Act in relation to this State's Stock in the Farmers' Bank. WHEREAS this State is the owner of [a] majority of the stock Preamblo. in the Farmers' Bank, and has, by an act passed at the present session of the General Assembly, given its consent that said bank shall be converted into a national bank;
AND WHEREAS by the charter of the aforesaid Farmers' Bank the State stock is not voted at elections of directors, but she has the right secured to her to appoint three of the nine directors who transact the business of the principal bank, at Dover, and also three of each of the nine who transact the business of each of the branches, thus giving the State twelve of the thirtysix directors of the bank, or one-third of the whole;
AND WHEREAS by the provisions of the eleventh section of the national banking law, being the act of Congress approved on the
CONCERNING THE PUBLIC REVENUE.
of the wai
to vote State stock.
third day of June, A. D. 1864, entitled “An act to provide a uniform currency by a pledge of United States bonds, and to provide for the redemption thereof,” each stockholder in a bank organized under its provisions is entitled to one vote for each share of stock held by him, which, upon conversion of the Farmers' Bank into a national bank, would give the Legislature the power to control the affairs of the new bank or banks, which power, in times of high political excitement, might be improperly exercised, and its existence would at all times be dangerous;
AND WHEREAS it is deemed best now to provide against the evil aforesaid; Now, therefore,
SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met, That in
consideration of the sum of one hundred dollars, to be paid by ver of right the aforesaid national bank or banks to the State Treasurer for
the use of the State, within thirty days after their organization under the act of Congress mentioned in the preamble hereof, and a like sum to be paid to him annually thereafter by said bank or banks for the use aforesaid ; and also that the stockholders of the said bank or banks will elect as part of the board of directtors thereof such persons, being qualified to serve as directors under the provisions of the act of Congress aforesaid, not exceeding three for each bank, as the Legislature shall designate by joint resolution passed at each biennial session, and will continue them in office until a new designation shall be made by the Legislature in manner aforesaid, the State will waive and will not exercise her right under the national banking law aforesaid to vote her stock in the election of directors of said bank or banks,
SECTION 2. And be it further enacted by the authority aforesaid, That so long as the provisions of the aforesaid section shall be
faithfully observed by the stockholders aforesaid this act shall Deposits. have force and no longer; and furthermore, all deposits now
authorized by law to be made in the aforesaid Farmers' Bank shall be made in the new bank or banks aforesaid, unless the General Assembly shall, upon due consideration and hearing of the said bank or banks, think fit otherwise to order.
SECTION 3. And be it further enacted by the authority aforesaid, acceptance That this act shall be accepted by the stockholders of the afore
said new bank or banks within thirty days after the time of the conversion aforesaid or it shall be void; such acceptance shall be by resolution, and the fact of the adoption thereof shall be shown by certificate under the seal of the said bank or banks. The said certificate shall be delivered to the Governor and be filed by him in the office of [the] Secretary of State, who shall report the fact to the General Assembly.
Passed at Dover, February 13, 1866.
to have force.
SEC, 1. Salaries of Chancellor and Chief Justice SEC. 1. Proviso.
$2,000, Associates $1,700, Associate 2. Judge not to accept favor, &c., from
An Act to increase the Salaries of the Chancellor and Judges of this State.
SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met, That Salaries of from and after the passage of this act the annual salary of the and Chief Chancellor, and Chief Justice also, shall be two thousand dollars, $2,000 - and of each of the Associate Judges seventeen hundred dollars, with an addition of two hundred dollars per annum to the Asso- Associato for ciate for Kent county, for reporting the judicial decisions. The Kent County said salaries shall commence with the present year, and be paid $200. as heretofore: Provided however, That no Judge shall be allowed monetos the benefit of this increase whilst he has any connection with a corporation, whether as stockholder in any right or as an officer. SECTION 2. And be it further enacted,
That hereafter it shall Judge not to not be lawful for any Judge to accept from any such corporation, les part om vor for himself or his family, any favor or gratuity except where corporations the same is extended to all other citizens.
Passed at Dover, February 7, 1866.
Revised Code, 77.
Revised Code amended,
SEC. l. Salaries of certain State officers in
An Art to amend Chapter 5 mie Code, in relation to salaries Rov.Code,
of certain public officers.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly
met, SECTION 1. That Chapter 25 of the Revised Code of the State of Delaware be amended by striking out the word “four" in the fourth line of section one, and insert the word “five" in the place thereof; strike out the words “three hundred and fifty" in General