Note 157 — Chapter XVII · BANKS AND BRIBERY 1791-1812

"This, in the opinion of the Council, as a novel experiment, the result whereof, as to its influence on the community, must be merely speculative and uncertain, peculiarly requires the application of the policy which has heretofore uniformly obtained—that the powers of corporations relative to their money operations, should be of limited instead of perpetual duration."—Alfred B. Street, New York Council of Revision, p. 423.