Chap. 98.—An ACT relating to the signing heretofore or hereafter of certain
obligations by corporations as surety, through duly anthorized agents cr
attorneys in fact without the use of corporate seal, and declaring the force
and effect of the same.

Approved January 22, 1909.

1. Be it enacted by the general assembly of Virginia, That when any
company organized and Incorporated under the laws of this state, or
of any Other state in the United States or foreien country, for the pur-
pose of transacting business as surety on obligations for persons, and
having complied with the reanirements of law regulating the admission
of such companies in this state. shall have heretofore given or hereafter
shall give any power of attorney, general or special, under its regular cor-
porate seal, to anv agent or attorney in fact to sien its corporate name
as surety to any obligation, official or otherwise, required by the laws
of this state, or any judge, court, or other public officer, organization or
hoard, and such power of attorney stating that such signing hy such agent
or attorney in fact without the seal of such corporation, shall have the
same force and effect as if the corporate seal of such corporation was
aflixed to such obligations: then, any and all such obligations, heretofore
or hereafter, so signed by such agent or attorney in fact without the seal
of such corporation, whether the said agent or attorney in faet has used
a scroll by way of seal or not, or whether the word “seal? is used in
the body of the instrument or not. shall. for all purposes, have the same
force and effect, and be as binding in all respeets upon such corporation,
as if the seal of such corporation had been duly and regularly athxed
thereto.

This act shall be in foree from its passage.