Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1846-12-10
Dec. s, 1916.
An Act to Incorporate the Windham Prov
ident Institution for Savings.

1t shercby enacted by the General Assembly Of the State of
Sec l. Gardiner c. Hail. La,kn G. Mend Horatio s. Noycs
Asa Keyes Henry Smith Joseph steen Austin Brchad Pine
has White, Royal Earl, Samuel +. Thompson and Ebeneler
Howe their and hereby constituted
body polite and corporate by the name OF the Wndham Prov
iden Institution Savings by that be sued
may have a aud the alter pleasure and all
deeds grants covenants and agreements made by
their Treasurer other person BY their authority shall be
Sec 2 said Corporation shall be capable Of receiving from
person persons deposit deposits of money and
and improving the for the purposes aud according
10 the directions herein mentioned and provided
Sec. All deposits OF money received by said cooperation
shall be used aud improved the best advantages and The in
profit thereof shall by them applied and divided among
the deposOrs their Administrations in Just proper
ton, according TO their deposits with such reasonable dedue
tons may be to de the unavoidable expenses OF
said Institution aud the principal OF such deposits may DC WIN
drawn at such times and in such manner as said Corporation
Sec l. Said Corporation shall at their meeting under this
and any subsequent annual meeting thereafter have
er TO eeo by oa" any o'he' person or persons ln'
thirty including those who are at that time members be mem
hers Of said Cooperation.
President Vice President Treasurer Secretary as many
Trustees directors said Corporation may deem necessary
and such other officers be requisite for managing the at
fairs the Institution which officers shall be elected by ballot
and shall hold their Offices for Que year and uh Others are ch
and accepted their stead and tho Treasurer OF said
Cooperation before entering upon the duties Of his Office shall
give bonds the Directors thereof Ia such sum- and with such
Sec G. Said Corporation shall be capable taking and hold
ing such buildings may necessary aud
thousand doirs shall be further able take hold and dis
pose any rol estate Whatever which may In good faith be
which may be 10 good faith conveyed to or taken BY
said Corporation In satisfaction discharge OF debts demands
liabilities which shall have been previously contracted or in
cured.
Sec Said Corporation may make all such bylaws, as are
necessary proper for the Of the Affairs OF the In
sutou not inconsistent with the Constitution and laws OF this
State.
Sec o. Said Corporation shalt not make aud issue any bill OF
pfnnssoy circulate currency and the President and
meubes aforesaid shall receive compensation for their
vices in said Institutions shall any Of the unds Of said Ia
stulion be loaned any Director other officer ereofi
PrOpidsd However that reasonable ALLOW may he made
the Treasurer Secretary and such clerks the business
the Institution may render necessary,
See g. II shall be the duty Of the President aud Directors
make annual report the General Assembly containing al
account OF the amount Of deposits and dividends declared
made.
See TO- Larkn g. Mead is authorized call the first meet
ing of The Corporation by giving written notice Of the time
place meeting each ofhe Copooru herein mention
ed, six days previous thereto.
sec n All any meeting Of said Corporation member
thereof the President Vice President Treasurer or seerear
boiBg Que, shall be quorum.
10 This shall be subject to the provisions Of Chat
40 81, the Revised Statutes, entitled Of Private CoPor
tOns"
Sec u.s. This shall be under the control Of future Legsl
lures alter amend repeal the public good requires
See. H. This Institution shall 10 located at BralIlebolo
tic County Of Wndham,