Chapter LXXXI. *to incorporate the German Benevolent Society of the city of Washington.* July 27, 1842. *Be it enacted, &c*., That from and after the passage of this act, all those persons who are, or shall hereafter become, members of the “ Ger-manGerman Benevolent Society incorporated
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Chap. LXXXI.— An Act *to incorporate the German Benevolent Society of the city of Washington.* July 27, 1842. *Be it enacted, &c*., That from and after the passage of this act, all those persons who are, or shall hereafter become, members of the “ Ger-manGerman Benevolent Society incorporated. Benevolent Society” of the city of Washington, District of Columbia, be, and they are hereby, made a body corporate and politic, by the name and style of “ the German Benevolent Society,” and shall so”continue until the third day of March, one thousand eight hundred and sixty; and by that name shall have perpetual succession, and by that name may sue and be sued, implead and be impleaded, answer and beMay sue and be sued, &.c. answered, defend and be defended, in courts of record, and in any other place whatsoever; and by that name may make, have, and use, a common seal, and the same may break, alter, and renew, at pleasure; and By-laws.shall have power to ordain, establish, and put in execution, such by-laws, ordinances, and regulations, as shall seem necessary and convenient for the government of said corporation, not being contrary to the laws and Constitution of the United States; and generally to do and execute all acts necessary or proper for the objects of said corporation, subject to the limitations and provisions of this act.
Sec. 2. *And be it further enacted*, That the monthly contributions,Investment of moneys. and all other moneys received on account of the society, may, from time to time, be invested in the public stocks of the United States, in loans to individuals, or in stocks of any incorporated banking institution or corporation; and the moneys so invested, or that may be deposited, shall be drawn out of the bank or place of deposite only on the order of the treasurer, countersigned by the secretary and approved by the president: *Provided*, nevertheless, That the said society or body politicProviso. shall not, at any one time, hold or possess property, real, personal, or mixed, exceeding in total value the sum of twenty thousand dollars; and provided that the annual interest on the capital of the company, or the whole or atty part of the capital, may from time to time be applied toFunds applicable, how. aid and succor the poor and destitute of the society, or to such other charitable objects as the company may select.
Sec. 3. *And be it further enacted*, That it shall not be lawful for the said corporation to deal or trade in the manner of a bank, nor issue any 840 TWENTY-SEVENTH CONGRESS. Sess. II. Ch. 83, 84, 85, 86. 1842. note in the nature of a bank note, nor transact any other kind of business,Not to trade in i he manner of a bank, &c.Penalty for so doing. or deal in any other manner or thing than is expressly authorized by the second section of this act; and any officer or officers who shall have assented to any such dealing or trade, shall, on conviction thereof in the proper court, forfeit and pay the sum of five hundred dollars, one half to the use of the poor of the city of Washington, District of Columbia, and the other half to the use of the person who may prosecute Proviso.for the same: *Provided, always*, That Congress may, at any time, amend, alter, or annul this act.
Approved, July 27, 1842. Chapter LXXXIII: for the relief of Daniel Chase. 6 Stat. 840 1842-07-27 Chapter LXXXIII Charles C. Little and James Brown text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Digitization Vendor 2025-12-05 27 2 private
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Chapter LXXXI
*to incorporate the German Benevolent Society of the city of Washington.* July 27, 1842. *Be it enacted, &c*., That from and after the passage of this act, all those persons who are, or shall hereafter become, members of the “ Ger-manGerman Benevolent Society incorporated
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