CHAP. 179.—An ACT to amend and re-enact section 7 of an act
approved January 9, 1888, entitled an act to incorporate the
nk of Christiansburg.

Approved February 5, 1892.

1. Be it enacted by the general assembly of Virginia,
That section seven of an act approved January the ninth,
Anno Domini eighteen hundred and eighty-eight, entitled
an act to incorporate the Bank of Christiansburg, be
amended and re-enacted so as to read as follows:

§ 7. The total liabilities to the said bank of any person,
or of any company, corporation, or firm, for money bor-
rowed, including in the liabilities of a company or firm
the liabilities of the several members thereof, shall at no
time exceed one-tenth part of the amount of the capital
stock actually paid in, and surplus fund, of said bank.
But the discount of bills of exchange drawn in good faith
against actually existing values, and the discount of com-
mercial or business paper, actually owned by the person
negotiating the same, shall not be considered as money
borrowed. |
2. This act shall be in force from its passage.