1913_private laws_128_18
CHAPTER 127 AN ACT TO AMEND THE CHARTER OF THE CITIZENS SAVINGS BANK AND TRUST COMPANY OF NEW BERN. Whereas the Citizens Savings Bank and Trust Company was incorporated by the Secretary of State on the thirtieth day of August, one thousand nine hundred and twelve; and whereas letters of incorporation were duly issued by him to William Dunn, Clyde Eby, and T. A. Uzzell, their successors or assigns, and by said letters of incorporation they were authorized to do a general banking business, including commercial and savings business and all other banking business permitted by chapter seven of the Re- visal of one thousand nine hundred and five and the laws of North Carolina and amendments thereto, with a total authorized capital stock of fifty thousand dollars, which said letters of incor- poration were issued by the Secretary of State, bearing date the thirtieth day of August, one thousand nine hundred and twelve; and under said letters of incorporation and the authority therein said parties named have duly organized and are now conducting the business authorized by the charter; and whereas the board of directors of said corporation have passed a resolution declaring that an extension of the corporate powers and privileges is ad- visable; and, whereas, at a meeting held on the .... day of steele , one thousand nine hundred and twelve, it was unani- mously resolved that the corporate rights and privileges of said Citizens Savings Bank and Trust Company be changed and altered, as hereinafter set out: Now, therefore, The General Assembly of North Carolina do enact:
That the principal office of said corporation shall be in New Bern, but it is fully empowered and authorized to establish branches of its business at any other point or points in the State of North Carolina which may be decided upon by the board of directors, and such branch or branches, when so established, shall be and become as fully empowered for the transaction of the business herein authorized as is the original corporation.