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A PROCLAMATION, By Alexunder G. McNutt, Governor of the State of Mississippi. HEREAS, it is provided in the W eight section of An act requiring the several banks of this State to pay I specie, and for other purposes," approved February 21st, 1840. " That from and after the first day of July cext (thereafter,) (all the banks and moneyed corporations in this State) shall be required to pay i specie at their counters, respectively, for all their notes or liabilities, then due, of the dnomination of ten dollars and under." And whereas, it is further provided in the ninth section of said act 06 That should any bank or moneyed corporation in this State from and after the times prescribed in the preceding section of this act, refuse to pay specie on its respective liabilities as therein specified, and in the manner therein prescribed, it shall be the duty of the President, Cashier, or Teller, of such bank to place his name together with the date, on the back of such note or evidence of liability, on presentation thereof, which said endorsement shall be held and deemed sufficient evidence of protest and refusal of the bank to pay specie." And, whereas, it is further provided in the tenth section of said act, " That whenever the Governor, either from the certificate of the President, Cashier, or Teller, as aforesaid, or by affidavit of the holder of any D such note, bill, or other evidence of debt, shall be satisfied that such presentment has been duly made and payment refused, he shall forthwith issue his Proclamation declaring that said corporation has forfeit. ed all its banking powers and privileges." And, whereas, it appears by the affidavit of James F. Fall, that he did on the tenth k day of July, A. D. 1840, present a note in the words and figures following, to wit: ("Faith of the State pledged, No. 376, Twelve months after the 1st of April, 1839. The Mississippi Union Bank to promises to pay ten dollars to the bearer, on demand-Jackson, April 1, 1839, with interest till due, at five per cent. per y annum. H. G. Runnels, President, 1. Wm. P. Grayson, Cashier,) to Wm. T. e Wynn, Teller of the Mississippi Union of Bank, and demanded payment thereof in n specie, which was refused, and that the 1, said Teller did then and there endorse a thereon" Presented 10th July, 1840, Wm. d T. Wynn, Teller." a Now know ye, that being satisfied that nt presentmet of said note has been duly se made end payment thereof refused, I do by i virtue of authority in me vested by the !d Constitution and Laws of this State n. issue this my proclamation, declaring that n. the MISSISSIPPI UNION BANK r. has forfeited all its banking powers and y privileges," SS In testimony whereof, I, ALEXAN ir DER G. McNUTT, Governor of the of state aforesaid, have caused these letters n to be made patent, and the great seal of a the state to be hereunto affixed. Given under mv hand at the city of Jackson, this tenth day of July, in the year of our th, Lord one thousand eight o, hundred and forty, and of (L.S.) en the sovreignty of the state of Mississippi the twenty third. ly ai By the Governor: A. G. McNUTT, VTHOMAS B. WOODWARD. en Secretary of State. 36-3w. July 18,