1917 private laws – Ch.2 Sec.8
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CHAPTER 2 AN ACT TO EXTEND, AMEND, ENLARGE, AND CONSOLI- DATE THE CHARTER OF THE BRANCH BANKING AND #NAME? COMPANY. Whereas, by chapter one hundred and twenty-two of the Pri- vate Laws of one thousand eight hundred and eighty-nine, and the several subsequent amendatory acts thereto, The Branch Banking and Trust Company was duly chartered and incorpor- ated to do and conduct a general banking and trust business in the town of Wilson, Wilson County, North Carolina; and whereas the stockholders of said bank in annual meeting on the twelfth day of December, one thousand nine hundred and sixteen, adopted a resolution declaring that an extension, amendment, enlarge- ment, and consolidation of its charter is advisable and necessary: Now, therefore, The General Assembly of North Carolina do enact:
That in all cases where application shall or may be made to any court of this State for the appointment of a receiver, trustee, administrator, executor, guardian, assignee, or commissioner it shall be lawful for such court, if it shall see proper to so do, to appoint The Branch Banking and Trust Company such fiduciary in lieu of a natural person, and when so appointed the said The Branch Banking and Trust Company shall make and render all such accounts, schedules, reports, and settlements as would a natural person in such capacity, and shall be entitled to and receive as compensation the same fees, costs, and allowances as would be allowed to a natural person in such fiduciary capacity: Provided, that any oath required by law to be taken for the qualification to any one of the offices or trusts herein mentioned may be taken by the trust officer of said bank or by any one of its officers in his absence.