Savings banks with capital stock to issue certificates thereof for transfer

Act 49 of 1872, § 4, under ABANDONED PROPERTY (BANK DEPOSITS).

Act 49 of 1872, § 4

Section 4. Savings banks with capital stock to issue certificates thereof for transfer

All savings banks having a capital stock are hereby authorized and required to issue certificates of their said stock, to all the stockholders, properly signed by the president, secretary or treasurer of said savings bank, which certificates transferred by the party holding the same, or his duly authorized attorney, in the presence of the president, secretary or treasurer, shall be a valid and legal transfer of the said stock. 1872, April 17, P.L. 62, Sec. 4.