1897 private laws – Ch.1 Sec.1

That D. F..Cannon, J. W. Cannon, James C. Gibson and Martin Boger, their present and future assistants, successors and assignees, are hereby constituted and declared to be a body politic and corporate by the name and style of Cabarrus Savings Bank, with its principal place of business at Concord, North Carolina, and by that name may sue and be sued, plead and beimpleaded in any court of this State, and shall have a continual succes-ion for the period of thirty -30 years, with the capacity to take, hold and carry real and personal property, with all the powers, rights, privileges and immunities granted to any Bank or Banking institution by any general law of the State, together with the rights, privileges and powers incident to or belonging to corporations as set forth or referred to in sections six hundred and sixty-three, six hundred and sixty-four and six hundred and sixty-five of Chapter sixteen of The Code, entitled Corporations.