JAS. BLACK GROOME, ESQUIRE, GOVERNOR

113

such security therefor, either real or personal, as the

Board of Directors of said bank may deem sufficient;

may buy and sell bills of exchange, notes, bonds or

other securities; may accept and holdall such trusts

as shall or may be committed to it by any person or

by the order and direction of any judge, or any

court or tribunal ; may make such special regulations

in reference to trust, funds, and special or other

deposits as the Board of Directors may think ad-

visable; may purchase and hold such real and

personal estate and property as may be necessary for
the accommodation and transaction of its business;

Letters of credit

may issue letters of credit and other commercial

obligations, and generally may do and transact a

general banking business.

SEC. 8. And be it enacted, That the Board of

Directors shall have power to regulate all matters

pertaining to special or trust deposits, the amounts

Powers of the

to be received at any time, and the manner in which

Directors

the same shall be received or paid, as the case may

be, and to make all needful regulations in that

behalf; provided, that the aggregate amount of said

special or trust deposits, shall not at any one time

exceed the capital stock of said bank.

SEC. 9. And be it enacted, That whenever any

deposit shall be made by a minor or married woman,

such deposits shall be received or held, and paid out

Deposits.

on precisely the same terms and conditions as those

of adult male or adult unmarried female depositors,

and the Directors of said bank may at their discretion,

pay to such minor or feme covert depositor, such sum or

sums of money as may be due to him or her, and the

check, receipt or acquittance of such minor or feme

covert shall be valid, any law of this State to the

contrary notwithstanding.

SEC. 10. And be it enacted, That in all elections for

Directors of said bank, every stockholder shall be

entitled to one vote for every share that he, she, it

Elections

or they may hold, to the number of not exceeding

twenty shares, and to one vote for every additional

two shares ; a plurality of the votes cast shall be

sufficient to elect, and the stockholders may vote

either in person or by proxy, but no share of stock

8