Individual registers for banks depositing securities, ca. 1851-1861.

ArchivalResource

Individual registers for banks depositing securities, ca. 1851-1861.

Register for each bank contains lists of securities deposited by bank on various dates to cover the issuance of circulating notes of equivalent value. Lists for each deposit include names of securities and dates issued, date each security payable, and face value and number of coupons for each security. Following the lists for each deposit are statements indicating date of deposit, name and title of bank official making deposit, and signatures of bank official and Auditor.

registers 30 volumes.

Information

SNAC Resource ID: 7378294

Illinois State Archive

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Illinois. Auditor's Office

http://n2t.net/ark:/99166/w6qc49t4 (corporateBody)

In 1865 counties and cities were authorized to issue bonds in support of subscriptions to the capital stock of railroad companies or in aid of any public improvement (L. 1865, p. 44). In 1877 bonding authority also was extended to other local governmental units including towns, townships, school districts, and other municipal corporations (L. 1877, p. 158). Each bond issued by a local unit had to be registered with the Auditor. When the bonds for any one unit totaled $5,000 or more the Auditor w...