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.