Chap. 8.—An ACT for the Relief of the Bank of Winchester.

Approved December 22, 1870. -

Whereas, it appears by the books of the commonwealth that
on the first day of September, eighteen hundred and sixty-five,
there was to the credit of the Bank of Winchester one hun-
dred thousand and three hundred dollars of the public securi-
ties of this state to the credit of the state treasurer as trustee
for the redemption of the countersigned notes of said bank;
and whereas, it appears by the same authority there remains
of said securities but eight thousand nine hundred dollars ap-
plicable to the same purpose, that being also the total amount
of its countersigned notes outstanding at this time (of which
the trustees claim to hold three thousand six hundred and
thirty dollars); and it further appearing that said bank is now,
and for several years hath been, in process of liquidation, un-
der an assignment made pursuant to the act of assembly in
such case provided, and it is proper and necessary that a pe-
riod should be fixed afteX which it may be lawful for said as-
signees to dispose of the remaining assets of said bank accord-
ing to law: — |

1. Be it therefore enacted by the general assembly of Vir-
ginia, That upon the passage of this act it shall be lawful for
the assignees or trustees of the Bank of Winchester, by adver-
tisement, to be published weekly in two or more newspapers
of this state, and some daily newspaper of Baltimore, state of
Maryland, for the period of six months from date, to require
the holders of its countersigned notes to present the same for
redemption at the banking house in Winchester; and at the
expiration of said six months, after due publication as afore-
said, all of said countersigned notes which shall not have been
so presented, are hereby declared barred by lapse of time, and
the obligation of said bank and its stockholders to redeem the
same, is hereby declared extinguished and released.

2. Upon satisfactory evidence of compliance with the pro-
visions of the first section, the state treasurer shall re-transfer
and deliver to said assignees or trustees the said securities in
his hands, and the state be discharged from all liabilities to
such holders of notes. |

38. This act shall be in force from its passage.