Charter for the Bank of New York

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Charter for the Bank of New York

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Abstract

The Stile of the Bank to be “The Bank of New-York.” The Capital Stock not to Exceed 1,000,000 Dollars; each Share consisting of 500 Dollars. The Subscribers to Elect on the 2d. Monday of May, in each year thirteen Directors to Conduct the Affairs of the Bank, who shall be authorised to Chuse a President; the Mode of Election to be determined by a Majority of the Stockholders.

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