Full text: The Freedmen's Savings Bank

APPENDIX 133 
funds may be kept by the trustees to meet current pay- 
ments of the corporation, and may, by them, be left on 
deposit, at interest or otherwise, or in such available form 
as the trustees may direct. 
Sec. 7 . . . the corporation may, under such regula- 
tions as the board of trustees shall, from time to time, 
prescribe, receive any deposit hereby authorized to be 
received upon such trusts and for such purposes, not con- 
trary to the laws of the United States, as may be indicated 
in writing by the depositor, such writing to be subscribed 
by the depositor and acknowledged or proved before any 
officer in the civil or military service of the United States, 
the certificate of which acknowledgment or proof shall be 
indorsed on the writing; and the writing, so acknowledged 
or proved, shall accompany such deposit and be filed 
among the papers of the corporation, and be carefully 
preserved therein, and may be read in evidence in any 
court or before any judicial officer of the United States, 
without further proof; and the certificate of acknowledg- 
ment or proof shall be prima facie evidence only of the 
due execution of such writing. 
Sec. 8 . . . all sums received on deposit shall be repaid 
to such depositor when required, at such time, with such 
interest, not exceeding seven per centum per annum, and 
under such regulations as the board of trustees shall, from 
time to time, prescribe, which regulations shall be posted 
up in some conspicuous place in the place where the busi- 
ness of the corporation shall be transacted, but shall not 
be altered so as to affect any deposit previously made. 
Sec. 9 . . . all trusts upon which, and all purposes for 
which, any deposit shall be made, and which shall be in- 
dicated in the writing to accompany such deposit, shall 
be faithfully performed by the corporation, unless the 
performing of the same is rendered impossible. 
Sec. 10 . . . when any depositor shall die, the funds 
remaining on deposit with the corporation to his credit 
and all accumulations thereof, shall belong and be paid 
to the personal representatives of such depositor, in case 
he shall have left a last will and testament, and in default 
of a last will and testament, or of any person qualifying
	        
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