Smyrna times., 1871-01-25
o FFIC A L.
Avs AND RESOLUTIONS OF THE UNITED STATES
SSED AT THE SECOND SESSION OF THE FORTY.
FIRST CONGRESS.
tPCBLICNo. 69l
Act TO incorporate the National Union Savings Bank Of the

tPuBLIc--No. ssI
Act to incorporate the National Savings Bank Of the
Be i enacted BY the Senate and House Of
Gcorgf IL Plant William S urii4ston Lewis GePha%e H.
A. willard George " adams 5 p, Brown William stiekHeg.
3D. r r.
Il Philip Seysndg @ K sGepherd % i William Dole HUN Me-
nd S hereby
oDS pns fna BANK hs De e Of con AND By
that name shall have and be capable in law to sue
defend and be defended in all of Law and equity and
to pleasure and generally and perform
now S4 shall be lawful any or body polite
SEC And be It further enacted That of said
corporation sha consist OF presdsnt and cepresdtn
Of MANAGERS the president, vice president
be present, 81 Al conu legal meeting OF such board Tor
sEc And further enacted That said corporation shs
hc> dxe exPedien and members of said cor
he quorum and The cHrpoTstion meeting
give thousand dollars for the faithful
discharge Of the duties o his ofr and all such other oSers
and until others chosen in their stead and
charge of the Hu,ies of their Offices respeetiyeiy
receive on deposs use benefit he depOors al
se nvssted th% stok Of any bank by Congress
or may be Loaned d. %0 % 1 any IS Of G[ b oS
banks at not more than ninety per crntum Of its ps
States Of States loaned pledge Of
That the Whole ,nomnt Of STOCK held 10y the instia
sion time bank both by OF an investment
and for loans. shall exceed nchs Of the capt.
stock such bank and that not more than
& S s @os M
their legal representatives according to the terms OF inter
est M and sF % pRSeS % sy os % IN it's sTs
direct. - 'N''
or committees charged Of investing the deposits
shall brrsw any portion thereof or use the same exeeRt ia
director agent or Other person Win ss
frauuenty convert the same his own use he shall De
Spy court Competent to try the offence imprisoned in the
pa Ii be- il rheT Enacted ThSt the subordinate
officers and agcnts OF SSd % & nS d S h
may from time to time regnre And said board
SEc l. Aud b. further That the persons named
TO se Snd said bank the Of
as lent and Sne as bS , 1e ee b
added TO their board Of so that the whole number &
dent shall not exceed n9S persons rh. mi. csrnort,On
shall to Congress OF their funds and In
as % bank stock and in bank
t aoant secured by bank stock amount pub
lie funds oans on seenrt. OF Gds Loans on M
S % Of n a g. c:d S5 the
and ys or more Of the managers Ssa SS s
sbsT Ins pissa Sest fSo@sdse SS and belief
And h fl hs %cs %% @ hsrs eSGk
open inspection and examination to the Comptroller 0f
sEo 10 And enacted That sad corporation
not to to law ma hS sEe %
mm,em n%y and %A made BY their
person their authority shall be Eood and valid and
shall have power 10 and may DC euec
end and be held to answer by the name a'oTessid
be II further enacted, That the sa corporation
shall e bond security with the clerk OF the
9s
hundred thousand dollars. with a condition to and to
depOsitOr entitled. such the
party be entitled within thirty DAYS after such deposit
shall be demanded and which bond be sued by
poOr entitled after such demand and refusal ts
and that the said court shall have
new bond M and new ssc1y Ri a; any tins thsy ma,
sEo is And be 4 further enacted That Congress shall q
| Approved, May a. 1870