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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 1967   View pdf image (33K)
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724 JOURNAL' OF PROCEEDINGS [Mar. ny

do, together with legal interest upon the same; Provided,
such person has been a member of said Association for the-
. period of six months, less his pro rata share of the expenses
of said Association for the period of his membership; and any
holder or holders of a certificate or certificates of the stock of
any such Association or Company shall, without the consent
of such Association or Company, have the right to sell, as-
sign or otherwise dispose of said certificates, aud the bona
fide holder or holders thereof shall be deemed and considered
to be a member or members of such Association or Company,
and upon presentation of said certificate or certificates to the
Treasurer of such Association or Company, the same shall,
without charge, be duly transferred on their books, and every
such Association or Company shall furnish its debtors with a
half-yearly statement of the principal sum actually due the
Association or Company at that time; and when any bor-
rower from any Building or Homestead Association, Land or
Loan Company in this State shall pay or tender in payment
to such Association or Company the amount borrowed, less
the amount repaid on account of the principal sum borrowed,.
together with a release fee, not exceeding three per centum on
the amount borrowed, with all arrearages of interest and
fines, then such borrower shall be entitled to be released
from all further claims or demands of such Association or
Company.

Make section 2, read section 3.
Which was adopted.

And the bill, as amended, read a third time and passed by
yeas and nays, as follows:

AFFIRMATIVE,
Messrs.

Hines, Speaker, Kemp, McColgan,

Bond, Pruitt, Harig,

Merritt, Merrill, Joyce,

Henkle, Miller, Groh,

Robinson, Lamar, Fen ton,

Nutwnll, Annan, Berry,

Hawkins, Lee, Freaner,

Keech, Dawson, Clark,

Buchanan Williams, Watkins,

Matthews, McCosker, Wier,

Merrvman, T.H.Hamilton, Wack,

Seth, Cooper, Park,

Valliant, C. B. Hamilton, Brace,

Sudler, McWilliams, Vanderford,

Goulbourn, Foster, Galt,

Gordy, Staylor, Brown,

Hodson, Stewart, of B. city, Maclin,

 

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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 1967   View pdf image (33K)
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