Lebanon Savings Bank v. Hollenbeck

Vanderburgh, J.*

By an act of the legislature of the state of New Hampshire, the plaintiff was duly incorporated as a savings *323bank, and was by its charter “vested with all the powers and privileges * * * of corporations of a similar nature,” and was thereby further expressly authorized “to take, hold, and dispose of any real estate whatever that may be bona fide conveyed to or taken by said corporation in satisfaction or discharge of debts, demands or liabilities which shall have been previously contracted or incurred;” •and, in reference to the deposits of money received by it, to “use,…