Note 78 — Chapter V
Reading edition
At a meeting of the managers of the principal Savings Banks held on the 29th of August, 1819, it was resolved: That this meeting has read with mingled feelings of pain and alarm the clause in the proposed bill virtually requiring trustees and managers of Savings Banks to give security or 100l. each, and making such trustees and managers responsible to an indefinite extent if they should neglect to limit their responsibility to that sum, as pointed out in the Act.