Chapter XXVI. *to amend the Act entitled “An Act to amend and extend the Charter of the Franklin Insurance Company,” approved second March, eighteen hundred and thirty-eight.* Jan. 30, 1865. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* That the
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Chap. XXVI.— An Act *to amend the Act entitled “An Act to amend and extend the Charter of the Franklin Insurance Company,” approved second March, eighteen hundred and thirty-eight.* Jan. 30, 1865. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* That the act to amend and extend Charter of Franklin Insurance Company extended for twenty years.the charter of the Franklin Insurance Company, passed on the second day of March, eighteen hundred and thirty-eight, be, and the same is hereby, extended and continued in force for the period of twenty years, from the ninth day of April, eighteen hundred and fifty-eight, the time at which such amendatory act expired; and that all proceedings had by the said Acts legalized.Franklin Insurance Company, and all legal rights accrued or acquired, and all legal obligations entered into by said company between the ninth day of April, eighteen hundred and fifty-eight, and the date of this act be, and the same are hereby, made valid for all legal purposes.
Increase of capital stock. Sec. 2. *And be it further enacted,* That the Franklin Insurance Company are hereby authorized to increase their capital stock to anamount not exceeding two hundred and fifty thousand dollars. Approved, January 30, 1865.