Chap. 71.—An ACT to Amend the Charter and Change the Corporate
Name of the Citizens Savings Bank of Petersburg.

In force February 7%, 1872.

1. Be it enacted by the general assembly of Virginia, That
the act entitled “an act to incorporate the Citizens Savings
Bank of Petersburg,” passed December eighth, eighteen hun-
dred and sixty-six, be amendended and re-enacted so as to read
as follows: .

“1. Be it enacted by the general assembly of Virginia, That
D. A. Weisiger, J. Herbert Claiborne, R. C. Osborne, D. B.
Dugger, J. B. Ege, J. Wilcox Brown, Fred. R. Scott, W. R.
Mallory, W. L. Watkins, R. D. McIlwaine, O. Ellyson, J. F.
McIlwaine, R. A. Young, Jos. Todd and J. P. Williamson, to-
gether with such other persons as are now or may hereafter be
associated with them, shall be, and they are hereby, constituted
and made a body politic and corporate, by the name and style
of the ‘Citizens Bank of Petersburg, and by this name and
style are hereby invested with all the rights, powers and _ privi-
leges conferred, and made subject to all the rules, regulations
and restrictions imposed by the Code of Virginia, applicable to
banks of discount and deposit, and 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 increased from
time to time, toa sum not exceeding five hundred thousand
dollars.

“3. The said bank is authorized to receive money on deposit
and grant certificates therefor, and shall have power and au-
thority to invest its capital stock or other funds in the purchase
of bank or other stock, bonds issued by the United States,
this state, or any other state of the United States, and any
municipal corporation or incorporated company; to buy, sell
and negotiate bullion, coin, bank notes, foreign and domestic
bills of exchange; to lend money upon personal or real secu-
rity; to discount bonds, notes and bills of exchange, and re-
ceive the interest in advance, and to guarantee the payment of
notes, bonds, bills of exchange, or other evidences 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 its passage, and be sub-
ject to amendment, alteration or modification at the pleasure
of the general assembly.”