Section I. It is therefore hereby enacted, that from the 1[st] day of July next ensuing, in the year of our Lor

I. It is therefore hereby enacted, that from the 1[st] day of July next ensuing, in the year of our Lord 1843, the persons whose names are included in the Schedule hereunto annexed, having severally subscribed and signed their acceptance of the terms of incorporation specified in this Act, and with the Government of Madras on the part of the East India Company having paid into the Government Treasury the amount o Capital Stock subscribed by them respectively and taken receipts for the same from the SubTreasurer to the Government of Fort Saint George shall , together with the Governor in Council for the time being of the Presidency of Madras, be a Corporation Body Corporate an Politic by name of the Bank of Madras, with perpetual succession to them and their successors as Proprietors for the time being of the said Bank as hereinafter mentioned and provided, and shall possess and enjoy all the rights, privileges, and immunities incident by law to a corporation aggregate. Provided however that it shall be lawful to the Governor General of India in Council and any time before the 1[st] of September next, to rectify any errors in the Schedule of the said Proprietors by notice in the Official Gazettes of Calcutta and Madras, so that no alteration be made in the principles upon which such Schedule has been framed.