The Daily Dispatch: March 4, 1861., [Electronic resource], The New banking law of <a target="_blank" onclick="openPopupWindow(this); return false" href="entityvote?doc=Perseus:text:1999.01.0001&auth=tgn,7007251&n=1&type=place">Illinois</a>.

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The New banking law of Illinois.

--Under the new Bank law of Illinois, banks are required to deposit Illinois State stocks as security for their circulating notes, and to have agencies for the redemption of their bills either at Chicago or Springfield, at the rate of three-quarters of one per cent. until January 1st, 1863, and one-half of one per cent. after that date. Every bank of issue must keep a bona fide cash capital of $25,000 in its vaults, and no bank shall be organized in any town having less than one thousand inhabitants, unless such town be a county seat.

The Daily Dispatch: March 4, 1861. Richmond Dispatch. 4 pages. by Cowardin & Hammersley. Richmond. March 4, 1861. microfilm. Ann Arbor, Mi : Proquest. 1 microfilm reel ; 35 mm.

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The Daily Dispatch: March 4, 1861., [Electronic resource]

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The New banking law of Illinois.