Page:United States Statutes at Large Volume 14.djvu/409

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THIRTY-NINTH CONGRESS. Sess. II. Ch. 12, 15. 1867. 379 this company, or their representatives by°proxy, shall, on such day as Choices they or a. majority of them shall determine, choose by ballot from among f;:';; ° said stockholders seven directors to serve for one year, or until others are chosen, each stockholder to have one vote for every five shares of stock, and the directors so chosen shall, at their first meeting, choose by ballot a president and vice-president from among their own body, and in case President md of death, resignation, or disqualification of the presidenlror vice-president, Vlee·Preeident. or a director or directors, shall proceed to elect another or others to fill the vacancy for the remainder of the year. Vmmdot Sec. 5. Ami be it further enacted, That the president, vicepresident, Powe dm and directors of said company shall be, and they are hereby, authorized gud p,~;`:,·'k,g°,,e:} and empowered to receive and keep on special deposit all such valuables, \=|=¤ ¢¤¤‘p¤¤¤¤i<>¤· gold, silver, or paper money, bullion, precious metals, jewels, plate, certificates of stock, or evidence of indebtedness, deeds, or muniments of title, or other valuable papers of any kind, or any other article or thing whatsoever, which may be left or deposited for safe-keeping with said company, and shall be entitled to charge such commissions or compensation therefor as may be agreed upon, and for the complete preservation and safe·keeping thereof shall construct, erect, lease, or purchase, such fire-proof and burglar-proof building or buildings, vaults, iron, or composition safes or other means which may become necessary, and generally to transact and perform all the business relating to the safe-keeping or preservation of all such articles or valuables as may be deposited with said company, and also to invest the capital or other funds belonging to the said company, Capimi hw from time to time, in the public funds of the United States, or in any stock iuvomd, or property whatsoever, and to dispose of the said stocks, money, and property in such manner (not contrary to law), as to them shall appear most advantageous to said company. Sec. 6. And be it further enacted, That the President, Vice-President, Dividends, and Directors, shall declare dividends of the profits of the corporation, ’ annually or semi-annually, as they may deem best; and in case of any loss or losses, whereby the capital shall be diminished, no subsequent div- mw, be mn, idend shall be made until st sum equal to such diminution, arising from if_ce;:tsl is dithe proiits of the corporation or contributions of stockholders shall be '8‘;;“" °d· “m· added to the capital. ` Sec. 7. And be it further enacted, That the President, Vice-President, By,];'.. and Directors of the corporation hereby created, shall have power to enact and adopt such rules, regulations, and by-laws for the government and management of the affairs of said corporation, as they may deem advantageous to the interest thereof. Seo. 8. And be it further enacted, That nothing herein contained, shall corpomkm be taken or construed to give the corporation hereby created, the power to not fb, clrculate issue or circulate as currency, any bill, note, token, or evidence of indebt- ;:{1£‘g“f’r;;’° _ edness of its own creation; nor be deemed to authorize the said corpora- ,,0, pa,. ing] tion to pay interest on deposits of money, securities, or any other property ¤¤¤ <>¤ dgvbcsitn. deposited with it; and the operations of this corporation shall beconiined H?]§§"Q;":{.‘; to the District of Columbia. tsrict of Colum- Approved, January 22, 1867. *’*'*· CHAP. XV.—A.n Act to regulate the elective Franchise in the Territories of the Jen.25. 1867. United States. “""“'_' Be it enacted Ig the Senate and House of Representatives of the (hired · States of America in Congress assembled, That from and after the passage The elective of this act, there shell be no denial of the elective franchise in any of the S}`:r“f,:;j,:s*“¤g’° Territories of the United States, now, or hereafter to be organized, to any to bgdgnigd 0,, citizen thereof, on eceount of race, color, or previous condition of serv- ¤¤¤¤¤¤¤¤f¤¢i•>¤‘. itude: and all acts or pm-ts of acts, either of Congress or the Legislative "‘°°* &°‘