Chap. 258.—An ACT to incorporate the Farmers Bank of Fincastle.
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Passed February 27, 1867...

1. Beit enacted by the general assembly of Virginia, That

Henry W. Bowyer, W. A. Glasgow, James T. Logan, John
Luster and W. E. M. Word, and such others as shall here-
after be associated with them, be and they are hereby consti-
tuted a body corporate, under the name: and style of The
Farmers Bank of Fincastle, with all the powers, rights and
privileges, and subject to all the responsibilities and duties
provided with reference to savings banks by existing general
laws, except so far as herein otherwise provided. ;

2. The capital stock of said savings bank shall be fixed at
not less than five thousand nor more than two hundred thou-
sand dollars, to be divided into shares of ten dollars each.

3. Said savings bank is authorized to guarantee or insure
the payment of bonds, notes, bills and other pecuniary obli-
gations, and to receive the interest in advance: provided,
however, that nothing in this act contained shall authorize
said bank to take, for the loan or forbearance of money or
other thing, more than the legal rate of interest.

4, This act shall be in force from its passage, and shall be
subject to amendment, alteration, modification or repeal, at
the pleasure of the general assembly.