1899_private laws_130_5
CHAPTER 129 An act to incorporate The Bank of Wadesboro, Anson county, North Carolina. The General Assembly of North Carolina do enact -
The said board of directors niay adopt and use a seal, and break and alter the same at pleasure; may prescribe the manner of paying for stock and transferring the same; may regulate the method of conducting the business of the said bank; may do a general banking business and exercise all the powers, rights and privileges conferred by the public laws of the state on banks and corporations of a like character; may lend money upon such rates of interest as may be agreed upon. not to exceed the legal rate; may discount, buy and sell notes, drafts and all other securities or evidence of debt; may loan money on mortgages of real and personal property; 1uay buy, build or lease a banking house and sell or exchange the same at pleasure, may negotiate loans on mortgages, real or personal estate, or both, and they shal! direct when dividends or profits shall be made and declared: Provided, said bank shall not charge a greater rate of interest than is allowed by law, to wit: six per centum.