{"newspaper_name": "The Arkansas banner.", "edition": "01", "page": "p2", "byline": ""}
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BANKS OF ALABAMA.-Resolutions have passed the Senate of the Alabama Legislature authorizing the sale of all the Banks of the State, with their assets of every description. The purchasers to re- deem and pay over to the State all her outstanding Bonds consideration for said Banks and their effects. h addition to the assets Sc, of said Banks the purchasers, to have the privilege of establishing within the State two joint stock Banks, in strict accordance with the provisions of the Constitution of the State They are also to redeem, as a matter of course the out-standng bills of the old Banks. The fate oi the proposition in the House, We have not Nef lenrned