, A. S. Barnes, Hiram
Barney, Seth B. Hunt, Samuel Holmes, Charles Collins, R. R.
Graves, Walter S. Griffith, A. H. Wallis, D. S. Gregory, J. W.
Alvord, George Whipple, A. S. Hatch, Walter T. Hatch, E. A.
Lambert, W. G. Lambert, Roe Lockwood, R. H. Manning, R. W. Ropes,
Albert Woodruff, and Thomas Denny, of New York; John M. Forbes,
William Claflin, S. G. Howe, George L. Stearns, Edward Atkinson,
A. A. Lawrence, and John M. S. Williams, of Massachusetts;
Edward Harris and Thomas Davis, of Rhode Island; Stephen Colwell,
J. Wheaton Smith, Francis E. Cope, Thomas Webster, B. S. Hunt,
and Henry Samuel, of Pennsylvania; Edward Harwood, Adam Poe, Levi
Coffin, J. M. Walden, of Ohio, and their successors, are
constituted a body corporate in the City of Washington, in the
District of Columbia, by the name of the FREEDMAN'S SAVINGS AND
TRUST COMPANY, and by that name may sue and be sued in any court
of the United States.
"SEC. 2. _And be it further enacted_, That the persons named in
the first section of this act shall be the first Trustees of the
Corporation, and all vacancies by death, resignation, or
otherwise, in the office of Trustee shall be filled by the Board,
by ballot, without unnecessary delay, and at least ten votes
shall be necessary for the election of any Trustee. The Trustees
shall hold a regular meeting, at least once in each month, to
receive reports of their officers on the affairs of the
Corporation, and to transact such business as may be necessary;
and any Trustee omitting to attend the regular meetings of the
Board for six months in succession, may thereupon be considered
as having vacated his place, and a successor may be elected to
fill the same.
"SEC. 3. _And be it further enacted_, That the business of the
Corporation shall be managed and directed by the Board of
Trustees, who shall elect from their number a President and two
Vice-Presidents, and may appoint such other officers as they may
see fit; nine of the Trustees, of whom the President or one of
the Vice-Presidents shall be one, shall form a quorum for the
transaction of business at any regular or adjourned meeting of
the Board of Trustees; and the affirmative vote of at least seven
members of the Board shall be requisite in making any order for,
or author
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