Chap. 133,—An ACT to Amend the Charter and Change the Corporate
Name of the Planters Savings Bank of Farmville.

Approved March 15, 1871.

1. Be it enacted by the general assembly, That the act entitled
an act to incorporate the Planters savings bank of Farmville,
passed February twenty-first, eighteen hundred and sixty-six,
as amended by an act to amend and re-enact section second of
the act passed February twenty-first, eighteen hundred and
sixty-six, entitled an act to incorporate the Planters savings
bank of Farmville, passed April nineteenth, eighteen hundred
and sixty-seven, be amended and re-enacted so as to read as
follows:

“$1. Be it enacted by the general assembly, That Wm. T.
Rice, P. H. Jackson, H. E. Warren, Wm. G. Venable, N.
Cobb, and such other persons as are now or may hereatter be
associated with them, shall be and they are hereby made and
constituted a body politic and corporate, under the name and
style of The Planters Bank of Farmville, and by this name
shall be invested with all the powers, rights, privileges and im-
munities conferred, and made subject to all the rules, regula-
lations and restrictions imposed upon banks of deposit and
discount by chapter fifty-nine of the Code of Virginia, and not
inconsistent with the provisions of this act.

Ҥ 2, The capital stock of said bank shall not be less than
twenty-five thousand dollars, which may, from time to time, be
increased to any amount not exceeding two hundred thousand
dollars.

Ҥ 3. Said bank is authorized to receive money on deposit
and grant certificates therefor; and it may buy, sell and nego-
tiate bullion, coin, bank notes, foreign and domestic bills of
exchange, and receive the interest in advance; and guarantee
the payment of notes, bonds, bills of exchange or other evi-
dences of debt: provided, that nothing in this act shall be
construed as giving any authority to the said bank to charge
or receive for the loan or forbearance of money, or other
thing, a greater rate of interest than is allowed by law.

‘“§ 4. This act shall be in force from and after the time when
the board of directors of the said Planters savings bank shall
have entered of record, in the minutes of their proceedings,
their acceptance of its provisions on the behalf of the com-
pany, and shall be subject to modifiation or amendment at the
pleasure of the general assembly.