Section 230. Incorporation; organization certificate

When authorized by the
  superintendent as provided in article two of this chapter, not less than
  nine  nor  more than twenty persons may incorporate a savings bank. They
  shall  subscribe  and  acknowledge  an   organization   certificate   in
  duplicate, which shall specifically state:
    1. The name by which the corporation is to be known.
    2. The place where its principal office is to be located.
    3. Its duration if other than perpetual.
    4.  The  name,  occupation,  citizenship,  residence  and  post-office
  address of each incorporator.
    5. The amount which each incorporator will contribute in cash  to  the
  surplus fund.
    6.  The  names  of  the  incorporators who are to constitute its first
  board of trustees. Such persons as individuals and as a  group  must  be
  free of the disqualifications specified in section two hundred forty-six
  of this article.