An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1885/1886 |
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Law Number | 214 |
Subjects |
Law Body
Chap. 214.—An ACT to incorporate the Rockbridge Savings Bank.
Approved February 24, 1886.
1. Be it enacted by the general assembly of Virginia, That
James K. Edmondson, W. B. F. Leech, Henry H. Myers, W.
T. Shields, William A. Anderson, and John C. Bouda, their
associates and successors, be and they are hereby constituted
and made a body politic and corporate, by the name and style
of the Rockbridge Savings Bank; and under this name are in-
vested with all of the rights, powers and privileges conferred,
and made subject to all the rules, regulations and restrictions
imposed by the laws of Virginia, applicable to savings banks,
and not inconsistent with the provisions of this act.
2. The capital stock of said corporation shall not be less than
twenty thousand dollars, and may be increased from time to
time to a sum not exceeding three hundred thousand dollars.
3. The said corporation shall have power to lend and borrow
money, to invest its capital stock or other funds in bank or
other stocks, and in the purchase of the bonds ef any state or
corporation; to discount bonds, notes and bills of exchange,
and to receive the interest in advance; to guarantee the pay-
ment of notes, bonds, bills of exchange, or other evidences of
debt; and to carry on a general banking business. And the
said corporation may lend money to any of the stockholders
thereof upon such terms, and at such rates of interest or dis-
count, as may be authorized by the laws of the state:
4. This act shall be in force from its passage.