20
 

Now THEREFORE, Be it known that the Directors of the said
Bank o£ Commerce in New York, who by force of the pro¬
visions of the original Articles of Association of said Bank are
duly authorized by all the Shareholders thereof to apply for and
accept for them an incorporation as such National Association,
under and pursuant to the provisions of the Act of Congress
aforesaid, and to transfer and convey to such Corporation or Na¬
tional Association, all the property of the said Bank of Com¬
merce in New York, subject to the payment of all legal demands
against it, do in furtherance of such determination, hereby exe¬
cute the following Aeticles of Association :

ARTICLE I.

The Name and title assumed by the National Banking Asso¬
ciation into which the said Bank of Commerce in New York is
to be so converted, and by which it shall be henceforth known
in its dealings, is the " National Bank op Commeece in New

YoEK.

ARTICLE II.

The place where its operations of discount and deposit are to
be carried on is the City and County of New York, in the State
of New York.

ARTICLE III.

The amount of the Capital Stack of this Association is Ten Mil¬
lion Dollars, divided int« One Sund/reH Thmsand Shares of One
Rund/red Dollars each, subject to increase in the mode herein¬
after provided, and in conformity to the provisions of the said
Act of Congress, and the Capital shall at all times be subject to