THE FAYETTEVILLE ACADEMY BANK NOTES.
North Carolina,
In Senate Dec. 27, 1816.
Resolved,
That the Solicitor or Attorney prosecuting on behalf of the State within the fifth Judicial Circuit be instructed to take and pursue all legal steps to enquire by what authority the members of the Fayetteville School Association incorporated by an act of the General Assembly passed in the year eighteen hundred and fifteen, exercise their corporate powers, and whether they have not forfeited the same by unlawfully issuing and circulating promissory notes commonly called Bank Notes.
In House of Commons Dec. 28,1816:
Read and ordered to be indefinitely postponed.
—Unpublished Legislative Documents 1816.
(Source: North Carolina Schools and Academies, 1790-1840, By Charles L. Coon 1914) |