or guardian, receiver or depository of moneys in court, an interest shall be allowed by said company, as provided for in the by-laws of said corporation, which rate of interest shall continue until the money so received shall be duly expended or distributed. On all sums of money deposited, less than one hundred dollars, the depositor may, by an entry in his deposit book, signed by him and wit nessed by the treasurer of the company and attending manager, president or cashier of the company, appoint a person to receive the same in case of his death, and the person so appointed shall have right, on death of depositor, to receive all such deposits entered in said book without letters of administration or testamentary, and the receipt of such persons shall be a full discharge of the company.

SEC. 5. That no loan shall be made, directly or indirectly, to any trustee or officer or employé of said corporation; and for every violation of this section, the trustee or officer making this loan, or consenting thereto, shall be liable to said corporation for the amount so loaned.

SEC. 6. That the said company may purchase, at any sale, any property, real or personal, that may have been mortgaged or conveyed in trust to it, and may re-sell the same, but only for the bona fide purpose of securing a debt due to the company; and the company shall not at any time hold real estate to the value exceeding one-third of the capital stock of the company, except such as may be necessary for the convenient transaction of its business.

SEC. 7. That this charter and all its privileges and powers herein granted, shall continue for twenty-five years, and shall be in force from and after its passage. Approved December 2, 1871.

CHAPTER CLIX.

AN ACT TO INCORPORATE THE COLORADO AND M'DADE FERRY COMPANY.

SECTION 1. Be it enacted by the Legislature of the State of· Texas, That Gus. A. Schneider, J. V. Baker and F. Hoppe, and such persons as they may associate with themselves, are hereby incorporated under the name and style of the "Colorado and McDade Ferry Company," and shall have succession for the term of thirty years; that they may have a corporate seal and the right of holding

property, real, personal and mixed, for the purpose of carrying on the objects of this incorporation; and they may transfer, alienate and dispose of their joint or individual interest herein at pleasure. SEC. 2. That the said persons, their associates and successors, under the name and style aforesaid, shall be authorized to establish and maintain a ferry on the Colorado river, at or near the mouth of the ravine between the lands of said Gus. Schneider and E. Goodman, where the new road, from the mouth of the lane between said Schneider and Goodman, to McDade crosses the said river; said ferry shall be known hereafter by the name set forth in the first section of this act.

SEC. 3. That the said Gus. A. Schneider, J. V. Baker, F. Hoppe, and their heirs and assigns, shall be bound during the term aforesaid to keep in good order a boat or flat sufficient at all times to transport and ferry across said river all wagons, horses, cattle, persons and property, with safety and convenience, and to keep and maintain the banks on each side of said river to low water mark so as to insure the embarkation of all persons and property ferried across said river at said ferry.

SEC. 4. That there shall not be established any other ferry, or other ferry boat kept or run for public use, within two miles above and below said ferry established by this act, except for private use.

SEC. 5. That the said Gus. A. Schneider, J. V. Baker and F. Hoppe, shall have, for and during the said term of thirty years, the right to charge the following rates of toll: For footman, five cents; single horse or mule, ten cents; man and horse, ten cents wagon or carriage and two horses or oxen, fifty cents; wagon and four horses or oxen, seventy-five cents; wagon and six horses or oxen, one dollar; wagon, carriage or buggy and one horse or ox, twenty-five cents; all other animals in droves, three cents per head; provided, that the said Schneider, Baker and Hoppe may charge double these rates when the waters of said river are overflowing its banks.

SEC. 6. That all acts or parts of acts in conflict with this act be and the same are hereby repealed, and that this act take effect from and after its passage.

Approved December 2, 1871.

CHAPTER CLX.

AN ACT TO INCORPORATE THE HOUSTON SAVINGS BANK.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That A. J. Burk, Richard Allen, J. W. McDonald, H. D. Johnson, E. Carter, and such other persons as they may associate with them, and their successors, be and they are hereby created a body politic and corporate under the name and style of the❝ Houston Savings Bank;" and by such corporate name shall have succession; may sue and be sued; may have and use a corporate seal; may own property, real, personal and mixed; may mortgage and alienate the same; and may also issue bank bills, and borrow and loan money. SEC. 2. The legal domicile of the company shall be in the city of Houston.

SEC. 3. That the said company, under their corporate name, shall be empowered to deal in foreign and domestic exchange, bank notes, coin, bullion, cotton, wool, hides, or any other thing of value; to buy and sell the stock of any other incorporated company, or the bonds of any other company, or of any county, city or State; to issue, emit and circulate their own notes; provided, such circulation shall not exceed at any one time the amount of their capital stock already subscribed; and to do and perform all acts necessary for or incidental to the carrying out of the objects of the company or appertaining to a savings bank company.

SEC. 4. That the capital stock of said company shall be fifty thousand dollars, including all its property, real and personal, franchises and rights to property. The stock of the company shall be divided into shares of twenty-five dollars each, which shall be considered personal property, and shall be transferable as may be provided in the by-laws, and payable at such times and in such sums as the directors may determine in their by-laws; and said company shall organize within two years after the passage of this act.

SEC. 5. That said company shall make by-laws for the government of its affairs and officers, which by-laws may be altered or amended, from time to time, as may be deemed advisable by a majority of the board of directors.

SEC. 6. That the management of said company shall consist of a board of directors, not less than five nor more than seven, to be elected annually by the stockholders. They shall elect from the board of directors one president, one vice president, and such other officers as may be prescribed by the by-laws, and their term of office shall be for one year, or until their successors qualify.

SEC. 7. All obligations of the company shall be signed by the president and cashier.

SEC. 8. That the capital stock of the company may be increased to two hundred and fifty thousand dollars, by the board of directors, as may be prescribed by the by-laws.

SEC. 9. That this act of incorporation shall take effect and be in force from and after its passage, and shall remain in force for the period of fifty years.

Approved December 2, 1871.

CHAPTER CLXI.

AN ACT TO INCORPORATE THE CAPITAL CITY CLUB OF AUSTIN, TEXAS.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That Eugene Bremond, George W. Sampson, Julius Schutze, John H. Robinson, Charles S. West, William F. Ford, Fred. Carleton, S. B. Brush, R. N. Lane and their associates and successors be and they are hereby created a body corporate and politic for the promotion of benevolence and encouragement of musical and dramatic science, under the name and style of the Capital City Club, and by that name may buy, hold, enjoy, sell, convey and alienate property, both real and personal; and by the aforesaid name may sue and be sued, defend and be defended, plead and be impleaded in any court of law or equity in this State; provided, that the property of said association shall not exceed at any time the sum of fifty thousand dollars.

SEC. 2. That said association shall be governed and controlled by a president, vice president, secretary and treasurer, together with a board of trustees; and the said association shall have power to enact by-laws, rules and regulations for its government, and to alter and amend the same, not inconsistent with the laws of this State.

SEC. 3. That said corporation shall have a common seal, and in general have and exercise all such rights, privileges and immunities as by law are incident thereto or necessary for corporations of similar character.

SEC. 4. That the aforesaid association shall have the right to give musical and dramatical entertainments, free from taxation, in order to enable them to carry out their objects as stated in section

SEC. 5. That this act take effect from and after its passage, and

remain in force thirty years.

Approved December 2, 1871.

CHAPTER CLXII.

AN ACT TO AUTHORIZE THE LATE STATE TREASURER TO INSTITUTE SUIT AGAINST THE STATE OF TEXAS.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That John T. Allan be and is hereby authorized to institute suit in the District Court of Travis county against the State of Texas, in order to obtain a settlement of accounts as late Treasurer of this State.

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

Approved December 2, 1871.

CHAPTER CLXIII.

AN ACT TO INCORPORATE THE COSMOPOLITAN CLUB OF THE CITY OF GALVESTON, TEXAS.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That Bernard Marcus, Ed. N. Ketchum, N. W. Grisamore, J. M. Forshey, Jas. H. Miller, Dan. A. Sullivan, Thad. Mathers, P. S. Wren, Jessie Butts, junior, J. D. Crawford, Charles Collett, Nathan Bock, Albert L. Arnold, and their associates and successors, be and they are hereby constituted a body corporate and politic, under the name of the Cosmopolitan Club of the city of Galveston, to be located in said city, having for its object, benevolence, social refinement, and encouragement of musical, physical and literary sciences, and under the name aforesaid shall have power to buy, hold, enjoy, sell, convey, and alienate property, real and personal; sue and be sued, defend and be defended, plead and be impleaded in