Chap. 109.—An ACT to Incorporate the Norfolk Savings Bank.
Approved March 6, 1871.

1. Be it enacted by the general assembly of Virginia, That
William Lamb, Wm. H. Morris, Wm. F. Allen, Peter Smith,
George Chamberlaine, C. A. Santos, Wm. W. Lamb, and such
other persons as they may hereafter associate with them, shall
be and they are hereby constitnted and made a body politic
and corporate, by the name and style of The Norfolk Savings
Bank; 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, and not incon-
sistent with the provisions of this act.

2. The capital stock of the said corporation shall not be less
than twenty thousand dollars; which may be increased, from
time to time, to a sum not exceeding one hundred thousand
dollars; to be divided into shares of one hundred do!lars each.
3. 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 on personal or real security; to discount bonds,
notes, and bills of exchange, and receive the interest in advance ;
to guarantee the payment of notes, bonds, bills of exchange, or
other evidences of debt, and to charge for such guarantee such
rate of premium as shall be agreed on: provided, however,
that nothing in this act shall authorize said savings bank to
take, for the loan or forbearance of money, or for other thing,
more than the rate of interest allowed by law.

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