Evansville daily journal. (Evansville, Ind.) 1863-1866, 1864-04-02
OFFICIAL.
LAWS OF THE UNITED STATES,
Passed az The FIRST Session Of fAe
THIRTY Eighth Congress
[Pcplic-No 1877

PIBtic-No Is.
A. AS II insstposst. lha washissten city
savings haAk.
Re y saastsi u he ssaass aud Ro4f, u Rsyr.-
seAafsees II the Ensfsa Asafrf ~ Anterfra t9a-
grssi sssessbisd, That NHliam y. Tcdd, william p.
pyle, Edward Clsrk aEdward J. slmms. Joseph =
C5ouhs. z, C. RaaAdns, Thomas Gardner John
n. klysns and samael Niles. aud their assogi-
ates and suece ssoss. are constituted ana frsaf
boiv eorpoeste ard polite. BY he name u The
Washington ctty Savings B@sk"
Sec. 2 As.i % q fsFfAsr eaaeisd. That the on
Of en- earparsti ton shall consist q pr sdent
and vice president. Sht, together with seF-a
trustses, shall constitute a board Of managers,
four II shom. If the president or Wise prssi,e1t be
present, shsli constitute a legal meeting u such
board for the Transaction Of business
See = Aad BE- = ssrtssF eHaftsd, That ssid CO.. =
poration shall msst annually In the month OF
April, add a. maeh oftensF As they may judge
pcdleat. shd any seven msmbrrs Of said Ger p0ra-
tion, the president, SECRETARY, or treasurer Be-
enr, shall BE- aserua, ash the sad corporation
Al their annwal NESTING shall have poser tn riect
4 prc@ideit amt treasurer, who shall give b0nd
In the sun Of ten thousand dollars, for tho Eaith-
mi discharge of the duties II hss olscs. AID all
such other oiirsrs as may be dnemsd nscsss1ry I,
which officers shall eontinHs ia ofcs " 2. ard
until oflers ara chosen Ia their stead and all Ell
osrs 81 eisosen shah bs Under cath to N. faithful
discharge Of the duties Of their oflec-, respect
lively.
SEE. l. Ass 5. = fsrfa.r s-asse.i, That said Go :
poratoh say rere We on deposit. for the Use and
hcneaf % the depositors. ali sums Of money Of
Erred fsr that paFIose. fvsi9et. however,, That Il
I shall not held e. the sArae time more than ons
thousand dollars Of sny oEe dspos tor ether than
. religious or charitable eorporatiou. All such
sums may b. invested ia the stock Of ATTY hank in
curpasatesi By CONGRESS, or may be leaned On In
I teress TO Any sErh bank. or NAY L. loaned on
bonds or notes. With collateral securitF Of tbs
= eck Of such banks a. No uoTv than ninety p ,
eensum o; its par valus, or tAey may Be- invested
al the public funds Of the Ur tied States. Of the
several States. % loaafa en- pledge of asy Of
aaf.f ar "A igHNa aar o.
real q. tate Frsrssisf, That tho whole amount Of
stsck held by he institution 1t ems time in sny
cue bask. beth By way OF Investment and a. :
sarvsy for loans. shall not exceed oashAlf Of its
capital stock Of "a b bask. ard that ~ more thar
three-qgartsrs Of the Who'll, Erm deposited IN tbs
instituiioa shall y at any oss tirae invested Ia
/ mortgages Of real esfzt-- D. facone o. interest
Of all deposits shall Be divided among the deposi.
tors. their legal rsprsseu tstives, according Il
{ the terms & interest stipulated; and the rrinei
pal MAY be Withdrawn AZ sRch times, or In sHek
( manner, IS tae corporation shall BY It's bylaw
aireet.
direefor, or committee charg' d with the duty O
Z investing tia deposits shall borrow any portion
thereof or us the same, except in the payment o
tss expenses of the cerrorstEons and IL any or
Ger, director, AZ nj, or other person connects
With said hzEk. ans interested With the funds Of
derosifs thereof shall embez1ls or freudulsntlI
convert thu same 70 biz owa use, be shall b. deem
"a guilty Ct lsresny. snd shah, on eouvictioE
thereof, By any eaurt coHpsseut - Try the Of
ff1fe, ha FrtscSrL IN t44 A4A Er@
than oae nor sa0xe than ten years.
Sse g. .sAi - L Jzrt1e- ssactsS, That The subcr
dinaie efacsrs Aad Essts Of ssid corporation sksl
resp ctiveiy give such ss-cEFifr Tor thsr nd=iit,
ssi eeed eaaduct as the bard % managers mal
from tina 10 time rs9aire. aud said board shall
hx The salaries # such ofsesrs aad 4Ssnts.
Sec. Z. Asl ~ = fzFsAeF czGSse9, That the Ter
soas named as eerporAtors IL the nrzt sesEion Q
this art shall t@ znthorixea 70 meet and crEalix
said hank BY the election Of ere. Of tzsir nuElhs
a. presiSent. and one vics presidents and there
Z upon shall proceed 70 slect ssrh persons as the.
shall select, ret herein named IS corporation Z
oe added 70 their beard Cf us1agersr 80 that "a
whoss number Of trustees, OF Managers, includ q
the president Or VIC 8 president. shah not exec
nine persous.
See. : Aa& bs X fzstsev esSete5, Tha. this corps
Tatinn sksu make an annual report 70 Congress {
their funds and Investments. said returns SKA
specify the telloSing particulars. namely Ii
, number Of esaasltors; total amount Of deposits
anosEt invested ia bank stock and esposirei 1
: bank OF interest; amount secured b hank stock
I amount invested IN public fcnds. loans on sscs
Z rity Of public funds loans on mortgage Of rss
eatste. leans on personal securities; amount
: cash on hand; fetal dividen1s Of the year; annI
! Al expenses OF the Institution, ali Of which shs
BE- certified and swora 70 BY ths tresHursr; an
eve OF more e tbs managers Il ali esrtify And nal
} cath that the said retaFn Il eorrsef aceogding
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