The Savings Bank (Charitable Societies) Act 1859
WHEREAS by the Acts now in force Friendly Societies legally established are entitled to invest their Funds to any Amount in Savings Bank: And whereas Charitable Societies and Provident Institutions can only invest to the Amount of One hundred Pounds per Annum, and the Amount of the Sum to be invested by such Institution or Society cannot exceed the Sum of Three hundred Pounds in the whole, exclusive of Interest: And whereas it is expedient to place such Societies and Institutions, and also Pe...