Sentence Examples with the word state bank

There were no banks in the state until 1806, when a state bank (controlled by the state) was established which was finally closed up in 1845, although as early as 1812 a law was passed to close it.

In 1845 the legislature chartered for twenty years the State Bank of Ohio, based on the model of the State Bank of Indiana of 1834.

This concession of form having been made to the Magyars without the knowledge of the Austrian government, Prince Konrad Hohenlohe, the Austrian premier, resigned office; and his successor, Baron Beck, eventually (July 6) withdrew from the table of the Reichsrath the whole Szell-Korber compact, declaring that the only remaining economic ties between the two countries were freedom of trade, the commercial treaties with foreign countries, the joint state bank and the management of excise.

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After nearly all the forty-six banks chartered by the legislature in 1818 had been wrecked in the financial panic of 1819, the legislature in 1820 passed a series of laws designed for the benefit of the debtor class, among them one making state bank notes a legal tender for all debts.