Chap. 0197 An Act to increase the Capital Stock of the Hampshire Manufacturers Bank.

Be it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, as follows :

Sect. 1. The president, directors, and company of the Hampshire Manufacturers Bank, in Ware, are hereby authorized to increase their present capital stock by an addition thereto of fifty thousand dollars, in shares of one hundred dollars

each, which shall be paid in such instalments as the president and directors may determine : provided, that the whole amount shall be paid in before the first day of May, in the year one thousand eight hundred and fifty-four.

Sect. 2. If any of the stockholders of said bank remonstrate against the acceptance of the additional capital herein provided, the said remonstrance shall be made in writing to the cashier of the bank, on or before the first day of July next; and if the jjersons so objecting legally represent one-fourth part of the present capital stock of said corporation, it shall not be entitled to the benefit of this act.

Sect. 3. The additional stock aforesaid, when paid into said bank, shall be subject to the like tax, regulations, restrictions and provisions, to which the present capital stock of said bank is now subject.

Sect. 4. Before said corporation shall proceed to do business on said additional capital, a certificate signed by the president and directors, and attested by the cashier, under oath, that the same has actually been paid into said bank, shall be returned into the office of the secretary of the commonwealth.

Sect. 5. This act shall take effect from and after its passage. [Approved by the Governor, April 28, 1853.]