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ferent precincts, and the County Court shall thereupon proceed to canvass said returns, and if it shall appear that any town in said county has received a majority of all the votes cast for the permanent location of the county site, then the town receiving such majority of votes shall be permanent county site or seat of government of El Paso county.

SEC. 2. That this act take effect and be in force from and after its passage.

Approved May 31st, 1873.

CHAPTER CCLXXIV.

An Act to incorporate the Hibernian Benevolent and Mutual Aid Association, of Austin, Texas.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That James McCullough, William C. Carrol, J. P. Blessington, B. O'Malley, James K. Farrell, James Powers, John McGowan, James O'Reilley, Edward Parker, N. B. Mitchell, W. H. Gaynor, Patrick Quinn, Simon Carr, Cornelius Regan, John Cassidy. Martin Belger, James Simms, John Sheehan, James Brady, L. Hughes, Samuel Cooper, James Ralston, Peter Burns, Michael Spellman, Denis Collins, John H. Horan, Wm. Walsh, Peter H. Campbell, J. A. Cunningham, Wm. S. Kelley, John Meid, Chas. McCormick, James B. Cassidy, H. Thompson, M. S. Dunn, James Stacka, John Doran, Charles Fey, together with such persons as they may elect as their associates and their successors, be and they are hereby constituted a body corporate and politic, by the name and style of the "Hibernian Benevolent and Mutual Aid Association, of Austin Texas ;" and by that name they may sue and be sued; plead and be impleaded; prosecute and defend in any of the courts of the State; contract and be contracted with; may have a common seal, and the same make, break or alter at pleasure; may acquire, have and hold property and estate, real personal or mixed, by gift, devise, purchase or bequest (not to exceed in value at any one time one hundred and fifty thousand dollars), and the same to buy, sell, exchange, mortgage, transfer, pledge, or other

wise encumber or alienate, as said association may deem expedient; and in general to manage and control in such manner as said association may think proper.

SEC. 2. That said association shall make a constitution and by-laws for its government, and shall have power to alter or amend the same at pleasure; and pass such laws, by-laws and regulations as may be necessary to carry out and effectuate the intentions and purposes of said association; and shall in general have and exercise, not repugnant to the Constitution and laws of the United States, and the Constitution and laws of this State, all such rights, privileges and immunities, as are by law and custom incident to, and necessary for corporations of a similar character.

SEC. 3. That this association, by the name and style. aforesaid, is created for the mutual benefit of the members thereof; to attend the sick, and bury the dead members of said association, and to give aid and assistance to such of its members as may be found to be in distress, as well as to the widows and orphans of its deceased members;. and generally to seek the mutual improvement of its members, in virtue, good morals, literature and sciences, and labor in benevolence and charity for the general welfare and happiness of each other.

SEC. 4. That the officers of said association shall consist of one president, one vice-president, one recording secretary, one financial secretary, one treasurer, and one sergeant-at-arms, who shall hold their offices for one year from their election, or until their successors shall be duly elected and qualified. The qualifications, duties, mode and manner of election of said officers, shall be prescribed by the constitution and by-laws of said association.

SEC. 5. That the officers of this association, who have been elected as provided for in the constitution and by. laws of the same, shall continue to hold their several offices until the first day of January, 1874, at which time their terms of office shall expire; and that the next election of officers shall take place on the same day as the expiration of the term of the present incumbents, and annually thereafter, on the first Thursday of January. That whenever a vacancy shall occur in any of the above specified offices, by reason of death, resignation, or removal, the vacancy shall be filled by special election, at. such times as the said association may determine.

SEC. 6. That this charter shall continue in force, unless it be renewed or extended, for fifty years from and after its granting by the Legislature and approval by the Governor. SEC. 7.

That this act shall take effect and be in force from and after its passage.

Approved May 31st, 1873.

CHAPTER CCLXXV.

An Act to incorporate the City Bank of Dallas.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That T. C. Jordan, J. R. Couts, C. C. Slaughter, and Wm. E. Hughes, and such other persons as they may associate with them, and their successors, be and they are hereby constituted and created a body politic and corporate, under and by the name and style of "The City Bank of Dallas;" and by said corporate name shall have succession; may own property, real, personal and mixed, and may mortgage and alien the same; may have and use a corporate seal; and may sue and be sued; and in all suits against the corporation, service may be made on either the president or cashier.

SEC. 2. The legal domicile of the said corporation shall be in the city of Dallas, county of Dallas, State of Texas, where its office shall be situated, and where shall be carried on all of its operations of discounts and deposits, and where it shall be empowered to deal in foreign and domestic exchange, bank notes, coin, bullion, and other things of value; to buy and sell the stock of any other incorporated company, as well as the stock, scrip, and bonds of any county, city or State. To make advances upon wool, cotton, stock, grain, and other things of value; to loan money at interest, and upon securities, real or personal; and to do and perform all acts incident and appertaining to a general bauking business; provided, that said company shall not be empowered to purchase more real estate than may be necessary to carry on a legitimate banking business.

SEC. 3. The capital stock of said company shall be two hundred and fifty thousand dollars, and shall be di

vided into shares of one hundred dollars each, and when the whole number of shares shall have been subscribed for, and at least twenty per cent of each share shall have been paid in, in cash, before the said company shall commence business. Said shares shall be regarded as personal property, and shall be transferable on the books of the company, and in such manner as may be provided for in the by-laws, and all unpaid balance due upon shares shall be paid in, in monthly installments, upon assessment and call of the directors, as shall be provided for in the by-laws, until the whole amount of said shares shall be paid in, in cash; provided, that no assessment upon any one share shall in any one month exceed ten per cent. of the whole amount of such share; and further provided, that at least thirty days notice shall be given to each stockholder of each assessment, and that all assessments shall be uniform.

SEC. 4. The capital stock of said corporation may, upon vote of two-thirds of the stockholders, be increased to any sum not exceeding five hundred thousand dollars, and all stockholders shall have the privilege of taking such increased stock pro rata, that is in proportion to the stock by them already owned.

SEC. 5. The entire management of the affairs of the said company shall be entrusted to a board of directors of not less than three nor more than five in number, who shall be elected annually by the stockholders; said annual election, after the first election, to be held at the office of the company in the city of Dallas, on the first Tuesday in June of each year; each and every stockholder shall, at such election, be entitled to one vote for each share he may own, and a majority of the shares shall in such cases be represented.

SEC. 6. The directors shall elect a president and vice president and cashier, the first two of whom shall be élected from the board of directors, and all shall hold their office (unless removed as shall be authorized by the by-laws) for the term of one year, and until their successors are elected and shall qualify.

SEC. 7. All other officers and employes of the company shall be chosen by the directors; and the directors may delegate to the president and cashier such powers as may in their judgment be advisable for them severally to exercise in the control and management of the business,

and such as under the by-laws they may be authorized to delegate. In case of vacancy in the office of director, the survivors shall act until the next general election, or the surviving directors may choose from the stockholders other members to fill such vacancy.

SEC. 8. No person shall be eligible to the office of director who does not own in his own right at least ten shares of the capital stock, and who is not a resident of the State.

SEC. 9. It shall be the duty of the persons named in the first section of this act, at any time within three months after the passage of the same, and within thirty days after all of the capital stock shall have been subscribed for, to call a meeting of the stockholders-the said stockholders to have ten days notice of the time and place of said meeting-for the purpose of organizing the said corporation, by the election of directors; and said directors shall, within thirty days after their election proceed to perfect their organization in accordance with the provisions of this act; and the said corporation shall commence business as soon thereafter as the said twenty per cent. of the whole amount of the capital stock shall have been paid in.

SEC. 10. The said stockholders may make by-laws for the government of its officers and employés, and for the conducting and general management of its business, not inconsistent with the provisions of this act; and said bylaws shall remain in force until they shall be altered or amended at a meeting of the stockholders.

SEC. 11. All obligations of the company shall be signed by the president or cashier, and by both when the by-laws shall so require.

SEC. 12. Be it further enacted, That this act of incorporation shall be and remain in force for the period of fifty years, and that the same take effect and be in force from and after its passage.

Approved May 31st, 1873.

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