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Code · STATUTES-AT-LARGE · Vol. 17 STAT. · Feb. 19, 1873 · Chapter CLXVIII

Chapter CLXVIII. *authorizing the First National Bank of Watkins, New York, to change its Location and Name*

431 words·~2 min read·/statutes-at-large/vol-17/chapter-clxviii-2060201·

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CHAP. CLXVIII.— An Act *authorizing the First National Bank of Watkins, New York, to change its Location and Name*. Feb. 19, 1873. *Be it enacted by the Senate and House of Representatives of the United States of America, in Congress assembled*, First National Bank of Watkins, New York, may change its location and name. That the First National Bank of Watkins, now located in the village of Watkins, county of Schuyler, and State of New York, is hereby authorized to change its location to the village of Penn Yann, in the county of Yates, in said State.
Whenever the stockholders, representing three-fourths of the capital Stock of said bank, at a meeting called for that purpose, determine to make such change, the president and the cashier shall execute a certificate, under the corporate seal of said bank, specifying such determination, and shall cause the same to be recorded in the office of the comptroller of the currency, and thereupon such change of location shall be effected, and the operations of discount and deposit of said bank shall be carried on in the village of Penn Yann aforesaid.
Sec. 2. That nothing in this act shall be so construed as in any mannerRights and liabilities not affected. to release the said bank from any liability or affect any action or proceeding in law in which the said bank may be a party or interested. Sec. 3. That whenever the location of the said bank shall have beenNew name. changed from the village of Watkins to the village of Penn Yann in accordance with the first section of this act, its name shall he changed to “First National Bank of Penn Yann,” and all debts, demands, liabilities, rights, and powers belonging to said First National Bank of Watkins, shall devolve upon and inure to the First National Bank of Penn Yann; and all actions pending by or against said First National Bank of Watkins may be prosecuted by or against the First National Bank of Penn Yann in the same manner and with the same effect as if such change of location and name had not been made.
Sec. 4. That as soon as such change of name and location shall haveChange of name and location to be published. been made, public notice thereof shall be given by publication in a weekly newspaper in both said village of Watkins and said village of Penn Yann for four weeks successively. Sec. 5. That this act shall take effect and be in force from and after itsWhen act takes effect. passage. Approved, February 19, 1873.
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