Chap. 9.—An ACT to amend the fifth section of an act to incorporate
the Insurance and Savings Company of Virginia.

Approved January 7, 1580.

1. Be it enacted by the general assembly of Virginia, That
the fifth section of an act entitled an act to incorporate the
Insurance and Savings Company of Virginia, passed February

the twenty-eighth, eighteen hundred and sixty-six, be amended
and re-enacted so as to read as follows :

65. The capital stock of said company shall not be less than
fifty thousand dollars, nor more than one million dollars, to be
divided into shares of twenty-five dollars each. The said
capital shall be pavable by each subscriber at such time or
times and in such proportion as it inay he called for by the
president and directors; and if any such subscriber shall fail
to pay the same so called for upon each and every share so
held within twenty days after the same has been so called for,
then the amount so called for may be recovered, by motion,
upon twenty days’ notice in writing, in any court of record in
the city of Richmond, or place of residence of the holder of
the stock, at the option of the said company.

2. This act shall be in force from its passage.