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1* * * All the Joint Stock of the said Association of what kind
or description soever, and all the Land, Warehouses, Messuages, Tenements, Hereditaments, Premises
and Property acquired therewith, of which the said Association shall become in any manner
possessed, entitled to, or interested in, shall be held and enjoyed by the Proprietors thereof, and their
successors respectively, as Personal Estate, or as in the nature of Chattel Interests, and not as, or in the
nature of, Real Estate
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