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The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to
the trust company law, and pp. 53-58 to the safe deposit law.

C.

Capital stock of bank to be not less than $50,000, 5.

safe deposit company to be not less than $25,000, 53.
trust company to be not less than $100,000, 29.
certificate of payment of, 5, 7, 29, 31.

may be increased, 10, 38.

only one class allowed, 5, 29, 53.

par value of shares of, to be $100, 5, 29, 53.

total amount authorized to be subscribed, 5, 6, 29, 53.

Cashier to give bond, 18.

appointment of, 12.

must be paid in cash, 5, 29, 53.

to sign certificate of payment of capital stock, 5.

to sign contracts, 17.

loans to, regulated, 13.

overdraft by, prohibited, 14.

penalty for, 14.

to verify reports, 14.

Certificate of authority to be issued by commissioner of banking and insur-

ance, 7, 32.

to be published, 8, 32.

incorporation, 6, 30, 54.

payment of capital stock to be filed before commencing busi-
ness, 5, 29.

Circulating notes, issue of, prohibited, 21.

Commissioner of banking and insurance, appointment of, 1.

fees, to be paid to, 24, 49, 57.

may direct discontinuance of un-
safe practices, 21, 47.

may examine officers, etc., under

oath, 19, 45.

may maintain action to collect

fees, 25, 49.

may proceed against unsafe banks
and trust companies, 20, 45.
may take possession, when, 20, 46.
powers, duties, etc., of, 1-4.
to approve amendment, change,
etc., of certificate of incorpora-
tion, 10, 38.

to approve certificate of incor-
poration, 7, 31.

to inspect banks and trust com-

panies, 19, 45.

to issue certificate of authority, 7,32.
to make annual report to legisla -

ture, 25, 49.

The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to
the trust company law, and pp. 53-58 to the safe deposit law.

Commissioners appointed by court of chancery to examine corporations, 22.
Contracts, how signed, 17.

Creditors, rights of, not to be impaired by change of charter, 10, 11, 39.
may make application to court of chancery for examination of
bank, 21, 22.

may apply for appointment of receiver, 23, 47.

Committee, examining, to be appointed by directors, 13, 41.

executive, to pass on applications for loans by officers, 13, 41.

D.

Debts, bad, to be deducted before declaring dividends, 12, 40.

Deposit of securities to be made by trust company before appointment as
assignee, receiver, etc., 37.

not required when security is given, as required of
natural persons, 38.

Deposits of minors, 16, 44.

Deputy Commissioner of banking and insurance, 2.

Directors, affairs of corporation to be conducted by, 11, 39, 56.
election of, 11, 39, 56.

examining committee of, 13, 41.

executive committee of, 11, 39.

increase of board of, 12.

liability of, on defalcation of cashier not under bond, 19.

loans to, regulations as to, 13, 41.

majority of, to be residents of state, 11, 56.

making false statements, etc., guilty of high misdemeanor, 15, 43.

may designate officers to sign contracts, 17.

must each hold not less than five unpledged shares, 12, 40.

not to be elected for longer period than one year, 6, 30, 56.

to attest reports, 14, 42.

to be not less than five in number, 11, 39, 56.

to require cashiers to give bonds, 18.

vacancies in board of, 12.

Dividends, directors may declare, 12, 40.

Definitions:

to be declared only out of surplus profits, 12, 40.

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by trust companies forbidden, 36.

certain, not considered money loaned, 17.

Dissolution for failure to obtain certificate of authority, 7, 31.

voluntary, 25, 50.

The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to
the trust company law, and pp. 53-58 to the safe deposit law.

E.

Elections of directors and officers to be held annually, 11, 40.
notice of, to be published, 11, 40.

one vote for each share at, 11, 40, 56.

Examination by commissioner of banking and insurance, 19, 45.
order of court of chancery, 21.

refusal to submit to, proceedings upon, 20, 46.

Evidence, certified copy of certificate of incorporation, 7, 31, 55.
amended certificate of incorporation, 11, 39.

Existence of corporation begins on filing certificate, 7, 31.

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Fidelity, trust company may insure, of officers, etc., 35.
Franchise, surrender of, 25, 50.

G.

Guarantee, trust company may, titles to land, 35.

I.

Incorporation, certificate of, authentication and record of, 6, 30, 55.

amendments of, 10, 38.

filing of, 6, 30, 54.

what to contain, 6, 30, 55.

Insolvency, proceedings upon, 23, 47.

Interest, bank may deduct, in advance, 16.

charge lawful rate of interest, 16.

Investments made not to be affected by revision, 27, 51.
in real estate by bank, limitation of, 9.

L.

Loans, limitations as to amount of, 16.

new, not to be made, when reserve impaired, 18, 44.
penalty for illegal, 14, 42.

to officers, etc., 13, 41.

The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to
the trust company law, and pp. 53-58 to the safe deposit law.

M.

Meetings of stockholders to be held annually, 11, 39.

notice of to be published, 11, 40.

Minors, trust company may act as guardian of, 34.
deposits by, 16, 44.

N.

Name of corporation to contain certain words, 5, 29, 53.

not to be that of existing corporation, 5, 29, 53.
may be changed, 10, 38.

Notice of annual meetings to be published, 11, 40.

O.

Oath, when trust company appointed trustee, president, cashier or treasurer,
may take, 37.

president, secretary or trust officer, to make statement under, as to
setting apart fund on appointment as assignee, etc., 37.

Overdrafts, by officers, etc., prohibited, 14, 42.

P.

Penalty for overdrafts by officers, 14, 42.

unauthorized loans, 14, 42.

failure to make reports, 15, 43.

false statements, etc., 15, 43.

failure to require sufficient bond of cashier, 19.

Powers; see Banks; Trust company; Safe deposit company.
Publication of certificate of authority, 8, 32.

notice of annual meetings, 11, 40.

reports, 14, 42.

Proxy, absent stockholders may vote by, 11, 40, 56.

President, appointment of, 12, 40.

loans to, 13, 41.

making illegal loans to officers guilty of misdemeanor, 14, 42.
may take oath for trust company, 37.

must be director, 12, 40.

term of office, 12, 40.

to cause list of stockholders to be kept, 39.

to sign contracts, 17.

The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to
the trust company law, and pp. 53-58 to the safe deposit law.

Real estate, powers to hold, 9, 33.

R.

Receivers, application for appointment of, 23, 47.

powers of, 23, 48.

Rent of safe deposit box or vault, remedy for non-payment, 56.

Reports by commissioner of banking and insurance to legislature, 25, 49.
to commissioner of banking and insurance, 14, 42.

penalty for failure to make, 15, 43.

making false, 15, 43.

commissioner may call for special, 14, 42.

Reserve must be kept, 17, 44.

depleted, must be restored, 18, 44.

S.

Safe Deposit Company, formation of, 53.

certificate of incorporation of, 54.
directors of, to be elected annually, 54.
fees to be paid by, 57.

five or more citizens of state may form, 53.

majority of directors of, to be residents of state, 56.
name of, to contain words "safe deposit," 53.

not to loan money, 55.

create more than one class of stock, 53.

powers of, 55.

proceedings by, on non-payment of rent of safe, 56.
stock to be not less than $25,000, 53.

paid in in cash, 53.

Security, when to be given by trust company acting as assignee, etc., 37.
Shares of stock to be $100 each, 5, 29, 53.

corporation not to loan on or purchase its, 15, 43.

Stock; see Capital Stock.

Stockholders, list of to be filed, 11, 39.

Surplus fund must be created aud maintained, 12, 41.
impaired must be reimbursed, 13, 41.

T.

Taxation of bank stock, 26.

trust companies, 50.

Titles, trust company may guarantee, 35.

"Trust Company," definition of, 51.

Trust Company, formation of, 29.

capital stock of, to be not less than $100,000, 29.

Bor M

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