Bank of Oxford v. Love

A special act of the Mississippi Legislature, approved March, 1872, incorporated the Bank of Oxford and authorized it to “exercise the privilege appertaining to a general banking, exchange an^d brokerage business, with all the power of a body corporate.” Section IV declares: “That the business of said bank shall be confided to and controlled by its stockholders under such rules of laws and regulations as said Company may see fit to adopt, Provided; the same be not in conflict with the Constitution of the United States or of this State.” It was immediately organized, and has continued to carry…