Chap. 215.—An ACT to incorporate the Mutual Building Fufd and Dollar
Savings Bank of the City of Richmond.

Passed February 18, 1867.

1. Beit enacted by the general assembly, That John E.
Bossieux, Stephen Hunter, J. O. Austin, W. Lucius Harri-
son, A. Bodika, R. G. Richardson, T. W. Hoenigger, and
their associates and successors, shall be and they are hereby
incorporated and.made a body politic and corporate, under
the style of The Mutual Building Fund and Dollar Say-
ings Bank of the city of “Richmond; and by that name
are made subject to, and to have the ‘benefit of all the pro-
visions of the fifty-ninth ‘chapter of the Code of Virginia,
together with all other parts of the said Code that are appli-
cable to savings banks and building funds, except so far as
they may be inconsistent with this act.

2. The said company shall havé power and authority to
invest its capital stock or other funds, in bank or other stocks,
in the purchase of state or United States stocks, or bonds of
incorporated companies; to lend money upon personal or
real security, and receive deposits of sums of one dollar or
more and give certificates therefor; to guarantee the pay-
ment of notes, bills of exchange, bonds, and all other evi-
dences of debt, and to discount the same: provided, how-
ever, that nothing i in this act contained shall be construed to
authorize said savings bank to take or charge, for the loan or
forbearance of money or other thing, more than the legal
rate of interest.

3. The capital stock of said association shall not be less
than five thousand nor more than three hundred thousand
dollars, divided into shares of one hundred dollars each.
he said capital stock shall be payable by each subscriber, at
uch time or times as it'may, be called for by the president
and directors.

4. This act shall be in force from its passage, subject to
imendment, alteration or repeal, at the pleasure of the gene-
‘al assembly.