CHAPTER 68

An Act to permit banks to amend their charters under certain ont 80Gy
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Approved February 18, 1952

Be it enacted by the General Assembly of Virginia:

1. Any bank that sold preferred stock to the Reconstruction Finance
Corporation, and, in connection with the sale, amended its charter so as
to provide for cumulative voting, may, at any time after the Reconstruc-
tion Finance Corporation no longer owns any preferred stock issued by the
bank, amend its charter so as to abolish cumulative voting by a vote of
two-thirds in interest of its stockholders in the manner provided by
§ 13-35.1 of the Code of Virginia.

2. An emergency exists and this act is in force from its passage.