Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1864-12-29

the Secretary Of War; PrOridsd, 1hat ten thou-
sand dollars Of said appropriation shai, pea
from Fort Abcrcrombie by Fort Benton, ana 'he
further sum of ten thousand dollars OF sara up.
.propristion shall be applied TO the proteouon OF
emigrsnts on the route from Niotrarah, on me
Missouri river, by the valley Of the Ntoorarah
and Gallatin, in Idaho,
Approved March 3, 1854
TPUBLIc-No. 1871
AN ACT 60 incorporate the Washington City
Savings Bank.
BE " vsIolr,d by he s,sab ard Bo~4s Of Rap
rsssntasivss Of the Urit,d Statss q 4~SSa ~
CsnpresJ disenbled,
That william b. Todd, william T. Dole, Ed.
ward Clark, Edward J. Simm., Joseph J.
Coombs, u. O. Robbins, Thomas s. Gardner,
John X. ElVans, and Samuel b. Miles, and their
ASSOCIATES and successors, are constituted and
created a body corporate aud polite, by the
name Of The Washington City Savings Bank"
Sec. 2, Ard be IL further enacted, That the
officers of said corporation shall consist OF a
president and vice president, who, together with
seven trusteee, shall constitute board OF man
ayers, four Of whom, il the president or vice
president be present, shall constitute q legal
meeting of such board for the transaction OF bus
mess.
Sec. 3, And be IL further Enacted, That
said corporation shall meet annually IL the
month Of April, and as much oftener as they
may judge expedient, and any seven members
of said corporation, the president secretary, or
y
the said CORPORATION, at their annual meeting,
shall have power to elect president and treas
urer, who shall give bond, IN the sum of ten
thousand dollars, for the faithful discharge OF
the duties of his office, and all such other officers
as may be deemed necessary, which officers shall
continue In Office one year, and until Others are
chosen IN their stead and all officers so chosen
shall be under oath to the faithful discharge Of
the duties of their offices respectively.
Sec. 4. Aud be 10 further enacted, Ihst said
corporation may receive en- deposit for the use
and benefit of the depositors, al sums Of money
offered for that purpose PrOpided, however,
That it tban not hold, at the same time, more
than one thousand dollars of any one depositor,
other than a religious OF charitable corporation.
All such sums may be invested in the stock of
any bank incorporated by Congress, or may be
loaned on interest TO any such bank or m y be
loaned on bonds or notes, with collateral secur-
| ~ of the stock of such banks at not more than
ninety per centum Of itsp'r value. or they may
be invested in the public funds OF the United
States of the several States, or loaned on
pledge of any of said funds, invested in loans
| on mortgages Of real estate; PROVIDED, That the
whole amo unit OF stock held by the institution
at one time in any one bank, both by way Of in
Vestueut and as surety for loans shall not eX-
coed 0ne.h half of Its capital stock OF such bank.
and that not more than three-qulrters Of the
| whole sum deposited in the institution shall ha
| at any one time invested in mortgages Of real
estate. The income or interest Of all deposits
| shall be divided among the depositors, or their
withdrawn at such times or in such manner as
the corporation shall by its bylaws direct
| Sec. 5. And b, II further enacted, That no
oficer director or committee, charged with the
| duty of investing the deposits shall bOrrow any
portion thereofFor use the same, except in pay
| ment of the expenses Of the corporate n aud if
any oficer, director, agent, or other person CON
nected with said bank, and lntruSted with the
| funds or deposits thereof, shall embezEle or
fraudulently cOnve I the same TO his own use, he
| shall be deemed guilty Of larceny and shall on
| conviction thereof by by any court competent to
try the offence, be I'm OF soned in the penitenta-
| ry not less than one nor more than ten Year,.
| ses. 6. And be ii further enacted, That the sub
ordinate officers and agents of said corporation
| shall respectively give such security for their
| fidelity and good conduct as the board OF man
| ayers may TO II tine 10 time require, and said
boards hall fix the salaries OF such ofncers and
| agents.
Sec. :. And be It further enacted, That the
pers ne named oorporators in the first section
| of this act shall be authorized to meet and or
| eanze said bank by the election of one OF their
I number as president. and one as vice president.
| and thereupon shall proceed to elect such per
sons they shall select, not herein named as
| eorporators to be added to their board of man
ayers, so thai the whole number of trustees, or
| managers, including the president and vice pres
| ideot, shall not exceed nine persons.
Sec. s. And Be IL farther enacted, That this
| corporation shall make an annual report TO Con-
gress Of their funds and investments. Said re-
turns shall specify the TO lowing particulars
|
of deposits amount invested in bank stock and
deposited in bank on iterest; amount secured by
bank stock; amount invested In publ funds
loans on secur ty of public funds; loans on mort
gage of real estate loans on personal securities
amount of cash on hand total dividends Of the
| year annual expenses Of the institution all o.
| which shall be certified and sworn to by the
treasurer, and i've or more Of the managers shall
| as0 certify and make oath that the said return
is correct according to their best knowledge ant
| belief.
Sec Q. AVID BE- Vt further enacted, That tn.
books OF said corporation shall, at all times du
| ring their hours of business be open for inspec
| ton and examination to the comptroller Of thu
| currencv or derositors.
| See, 10. And be IL further enacted, That sal,
corporation may make bylaws for the more or
derby management of their business, not repug
nantt law; may hsye common seal, whicl
they may change a. pleasure; that all deeds
grants, covenants, and agreements, made b.
their treasurer or any other person by their au
thority, shall be good and valid; and said corpo
ration shall have power to sue, and may be sued
defend and be held TO answer, by the name afore
/ s sss
act shall take effect and be IN force from ana a.
ter it, passage.
Approved, Ma-oh 5, 1884.
tPuBLrc-No. 21.l
AN ACT to authorize the enrolment and L
cense of the stcam-tugs II. +. Davidson an
| W. N. muir.
Be IL enacted by the Senate and House Of Rsprl
ssntaiUes Of the United States of America ia Con
| gress assembled
That the Secretary OF the Treasury be, and h
Is hereby, authorized to graut the enrolment an
license of the steam-tug b. +. Davidson an
| w X. Mu 7, now owned by William Porter an
William Larkins, of Milwaukee, in the State
Wisconsin, upon such terms, not inconsisten
with law, as to him sha seem just and proper.
Approved March s. 1864
fpppLIc-No. 1871
AN ACT to enable guardians and Committee
of lunatics, appointed in the several States I
act within the District Of Columbia.
Be ii enacted BY The Senate and House Of Repr.
s,ntatives Of he Tinted States Of Ameriea in Con
oyess assembled -
That il shall be lawful for any person, appoint
ed the committee of lunatic, or the guardian
q minor or lunstic. nv the proper authority i
any State or err. o tae United States, (
institute and prosecute to final judgment an
suit or &C ion in the courts of the District
Columbia as he might htve done ii his authorft
a. such guardian or committee had been derive
from the proper tribunals of said District an
such committee guardian may in the sam
manner collect and receive any sum of none
due to such lunatic or minor, and may by dees
duly executed release and convey to any part
| entitled to the same, whether BY purchase or 9th
| erwise any lands or estates situated in the D.,
trict of Columbia, the property Of such lunat
| or minor, or TO or upon which such lunatic {