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Newspaper
Lycoming Chronicle
Location
Williamsport, Pennsylvania, United States of America
Date
Apr 12, 1841
Page
1
Fragments describe bank capital rules, penalties, and duties, including interest rates, executive limits, and stock dispositions. The text mentions a bank, its officers, and regulatory actions affecting debt repayments, with references to penalties and various financial terms.
The Pennsylvania Senate and House debate a banking reform bill touching bank charters capital, director quotas, and public safeguards. Speakers warn against abrupt changes that could trigger widespread hardship, urging measured steps to curb bankmonopoly risk while protecting citizens and state finances.
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