Public Law 54–63

That the First National Bank of Sprague, now located at Sprague, Lincoln County, State of Washington, is hereby authorized to change its location, or place where its operations of discount and deposit are carried on, to the city of Spokane, Spokane County, State of Washington, by and with the consent of the Comptroller of the Currency, whenever the shareholders owning two-thirds of the stock of said bank, at a meeting called for that purpose, determine to make such change: Provided, That said bank increase its

Proviso.

Increase of capital.

capital to one hundred thousand dollars, so as to conform to the requirements of the law regulating national banks, and that it send a duly authenticated notice of said vote and of the new location shall be sent to the office of the Comptroller of the Currency; but the change of location shall not be valid until the Comptroller of the Currency shall have issued his certificate of approval of the same.

Sec. 2.

That such name may be assumed in said new location as may

Change of name.

have been selected by the vote of the shareholders owning two-thirds of the stock of said bank, at a meeting called for the purpose, after the new name shall have been certified to the Comptroller of the Currency and shall have been approved by him.

Sec. 3.

That all debts, liabilities, rights, provisions, and powers of

Succession of rights, etc.

said association under its old name shall devolve upon and inure to the said association under its new name.

Sec. 4.

That nothing in this Act contained shall be so construed as

Liabilities, etc., not affected.

in any manner to release the said bank under its old name or at its old location from any liability, or affect any action or proceeding in law in which said bank may be or become a party or interested.