Mr Brandreth, Banking Committee minority, Bill, for approval entitled "An Act banks, banking associations, companies or individuals referred to, or the laws of New York State [???] date for the banking organizations under the United Report States law, "the committee, I will examine and reach a negative determination already different opinions and conclusions presented to the assembly of a very few, was now calling out to file

During the current session of the assembly to present the bill on the first day we facilitate the transformation of our country believes in the national banking system, banks, both state and federal desirable in the current crisis in our public affairs to avoid conflicts associations.He is responsible. In fact, Congress considered a process and system that the National Currency Act 1863, entitled "An Act to ensure that the U.S. shares with the commitment to secure a national exchange and dissemination and to ensure the salvation For, "25 February 1863 approved, as follows:

SEC. 61. And it further enacted, that each bank association or corporation duly circulation in the first of January as a bank in existence. 1863 AD, a state organized, recording, or a general banking law, either under a special Act, the law, under the provisions of the law after the adoption of a union at any time within _____ years which can in this case, the act banking association in the certificate can be signed by directors of company or institution will be required in addition to the requirements of the Act specifies that the bank's share capital of such company or corporation two third of the owners of Directors Association for a certificate of freedom and participation certificates may be the same effect, and the same process was then, as provided under this Act is in other organized associations.

SEC. 62. And it further enacted, that any bank or banking association authorized by state law to the banking business to attend to it properly in the amount of fifty percent of U.S. bond holders and owners have organized the adoption of legislation As the date of transfer of share capital under state law and the United States Treasurer, bonds or any part thereof as provided by law, to make the transfer and distribution, such bank or association note circulation can be obtained from the Comptroller of Currency to offer, as provided herein, and has transferred the same amount of eighty percent of the bond amount.