Annual Report [etc.] on State Banks, Mutual Savings Banks and Trust Companies, Issue 13

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Page 22 - No bank shall be the holder of or purchaser of any portion of its capital stock, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good . faith. Stocks so purchased shall in no case be held by the bank for
Page 5 - and consent of the senate and shall hold his office for the term of five years and until his successor shall have been appointed and qualified, unless sooner removed by the governor, for good cause, and by and with the consent of a majority of
Page 24 - such bank or mutual savings bank ; or any person who, with like intent, aids, or abets any officer, clerk or agent in the violation of this section, upon conviction thereof shall be imprisoned in the state prison not to exceed twenty years. Charter, how forfeited.
Page 18 - who shall wilfully and knowingly subscribe to or make, or cause to be made, any false statement or false entry in the books of any bank, or mutual savings bank, or shall knowingly subscribe to or exhibit false papers, with the intent to deceive any person or persons authorized to examine into the
Page 9 - of a receiver for such bank. who, under the direction of the court, shall take possession of the books, records and assets of every- description. collect all debts dues and claims, and sell or compound all
Page 25 - a sufficient release or discharge for such deposit to the bank. Whenever any deposit shall be made by any person in trust for an.other, and no other or further notice of the existence and terms of a legal
Page 11 - is located, or in the supreme court of this state. All suits and proceedings arising out of the provisions of this act, in which the state, or any of its officers or agents shall be parties, shall be conducted under the direction and supervision of the attorney general.
Page 7 - its business at the place designated in the articles of incorporation, and whether its business is conducted in the manner prescribed by law. Such commissioner of banking may, in the performance of his official duties, issue subpoenas and administer oaths ; provided, that in case of any refusal to obey a subpoena issued
Page 17 - A bank may purchase, hold and convey real estate for the following purposes only: First. Such as shall be necessary for- the convenient transaction of its business, including with its banking offices other apartments to
Page 37 - The commissioner of banking is hereby authorized to employ an additional examiner for the examination and supervision of trust companies and building and loan associations ‘in this state. Such examiner shall give a bond in the sum of ten thousand dollars with two or more sureties or a surety company, to be approved by the governor, conditioned for the faithful performance of his official duties ; he

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