The Hillsborough Recorder

The Legislature of Mississippi, has passed an act requiring all the banks in that state to pay specie after the first day of April, for all notes of five dollars and under; and from and after the first day of July next, all their ten dollar notes; and from and after the first day of October next, for all their twenty dollar notes; and from and after the first day of January next, upon all their notes of whatever denomination, their bills, checks, certificates of deposit, and all other evidences of debt, on presentation of the same at their respective banking houses, whether said liabilities are made payable at their respective banking houses or not; and upon failure to comply with the foregoing provision, their corporate powers, privileges and franchises shall thereafter cease, be null and void, and of no effect, except for the purposes hereinafter mentioned.