1919_public laws_226_2
CHAPTER 225 AN ACT CONCERNING INDUSTRIAL BANKS, DEFINING THE SAME, AND PROVIDING FOR THEIR INCORPORA- TION AND SUPERVISION. The General Assembly of North Carolina do enact:
The term Industrial Bank as used in this act shall mean any corporation formed under the provisions of this act, and any corporation heretofore organized under the general corporation law of this State which shall hereafter reorganize as an industrial bank pursuant to the provisions of this act.