Chap. 24.—An ACT to incorporate the Commercial Bank of Richmond,
Passed March 19, 1867.

1. Be it enacted by the general assembly of Virginia, That
D. M. Lea, R. J. Christian, A. K. Crump, N. A. Sturdivant,
N. B. Clapp, J. C. Hobson, C. Wendlinger and Thomas U.
Dudley, together with such persons as are now or may here-
after be associated with them, shall be and they are hereby
constituted and made a body corporate and politic, by the
name and style of The Commercial Bank of Richmond; and
by this name and style are hereby invested with all the
rights, powers and privileges conferred, and made subject to
all the rules, regulations and restrictions imposed by the Code
of Virginia applicable to savings banks, not inconsistent with
the provisions of this act. !

2. The capital stock of said corporation shall not be less
than twenty thousand dollars, which may be inereased from
time to time to a sum not ‘exceeding five hundred thousand
dollars.

3. The said company shall have power and authority to
Invest its capital stock or other funds in bank or other
stocks, in the purchase of bonds issued by this or any other
state of the United States, and in bonds of any incorporated
company; to lend money upon personal or real security; to
discount bonds, notes and bills of exchange, and receive the
interest In advance; and to guarantee the payment of notes,
bonds, bills of exchange or other evidences of debt: pro-
vided that, for the loan or forbearance of money or other
thing, more than the legal rate of interest shall not be
charged. ,

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