Chap. 39.—An ACT to amend an Act Entitled an Act to Incorporate
The Farmers Bank of Lynchburg, in Force April 2, 1873, and
Changing the Name and Principal Office of said Bank.

Approved February 11, 1874.

1. Be it enacted by the general assembly, That the name
of The Farmers Bank of Lynchburg, incorporated under
an act entitled an act to incorporate The Farmers’ Bank of
Lynchburg, in force April second, eighteen hundred and sev-
enty-three, be and hereby is changed to The Farmers’ Bank
of Abingdon, and the said bank under the said name of The
Farmers’ Bank of Abingdon is hereby substituted to and
vested with all the rights, titles, powers and incorporate privi-
leges heretofore vested in, exercised by, or appertaining to
said Farmers Bank of Lynchburg.

' 2. That some doubt having arisen as to the validity of the
acts, contracts and doings of the said Farmers Bank of
Lynchburg, at its branch established at Abingdon, owing to
some suggested want of proper organization of said bank in
Lynchburg, the point designated in its charter as its princi-
pal office, said acts, contracts and doings of said branch bank
at Abingdon, are hereby declared legal and valid without re-
gard to said want of formality in organization, so far as the
same are consistent with the laws and constitution of this
state.

3. That sections six and eight of said act entitled an act
to incorporate The Farmers Bank of Lynchbarg, are hereby
amended and re-enacted so as to read as follows:

Ҥ 6. The principal office of said bank shall be at Abing-
don, in the state of Virginia.”

Ҥ 8. The said bank may conduct a general banking busi-
ness in Lynchburg, and at the points at which it may estab-
lish branches or agencies, and may discount bills, notes and
other evidences of debt, receive deposits and issue certificates
therefor, buy and sell gold and silver, bullion, foreign coin,
bills of exchange, stocks and bonds; loan money on personal
and real securty, guaranty the payment of negotiable notes,
bills, bonds #fd other written contracts, and receive com-
pensation for such guaranties; exercise all such incidental
powers as shall be necessary to carry on such business, and
all other powers which are now or may hereafter be allowed.
for like institutions.”’

4, This act shall be in force from its passage.