circulation by either of them, or any of their officers on behalf of the said banks from and after the passing of this law.
Five directors to be elected.Sec. 2. And be it further enacted, That instead of a president and nine directors, as are now required by law, there shall be elected on the first Thursday of March next, and on the first Thursday of March in each year annually thereafter while this law remains in force, by the stockholders of each of said banks respectively, five directors, any three of whom shall be a quorum, who shall elect form among themselves, a president, who shall retain all the powers and privileges of a director; and in case of refusal to serve, death or resignation, or disqualification of the president of either of the said banks, the directors of such bank shall meet as soon as convenient thereafter, and after filling up the vacancy, in the number of directors required by this act, elect another person for president in the manner before directed.
General meeting, how called.Sec. 3. And be it further enacted, That any number of stockholders of either of said banks, who, together, shall be proprietors of five hundred shares, shall at any time have power and authority to call a general meeting of the stockholders of such banks, giving one month’s notice in one or more newspapers printed in the District of Columbia, and when they shall have met as aforesaid, shall have power to transfer to trustees, the whole and entire authority of closing the affairs of the said Bank of Columbia, and Bank of Alexandria, or either of them, as fully and completely as is given to the directors by the first section of this act, and that, in case of the refusal to act, death, resignation or disqualification of any one of the trustees aforesaid, the stockholders shall, by giving the usual notice, proceed to elect another to supply the vacancy.
Approved, February 25, 1836.
Statute Ⅰ.
Chap. XLI.—An Act authorizing a special term of the Court of Appeals, for the Territory of Florida, and for other purposes.[1]
Special term on the first Monday in May.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That a special term of the court of appeals, for the Territory of Florida, shall be holden at Tallahasse, the seat of Government of said Territory, on the first Monday in May next, and all appeals, writs of error, motions, and suits, depending or returnable to the last January term, shall be heard and decided at the special term herein appointed, in the same manner as they might have been, under the existing laws if the January term had been holden according to law.
Special terms may be appointed.Sec. 2. Be it further enacted, That when, by the death, sickness, or inability to attend, of any of the judges, or any other cause, the regular terms of said court shall not be holden, it shall and may be lawful for the judges thereof to appoint a special term.
County of Franklin to be added to the middle judicial district.Sec. 3. Be it further enacted, That the county of Franklin, in the Territory of Florida, shall be added to, and form a part of the middle judicial district of said Territory, and it shall be the duty of the judge of said middle district to hold two regular terms of the superior court, at the town of Apalachicola, commencing on the second Mondays of April and November, and special terms at such other periods, as may be required by business, and not interfere with the business of said court in other counties.
Sec. 4. Be it further enacted, That there shall only be one term of the superior court holden for the counties of Madison and Hamilton, in each year.
Approved, February 25, 1836.