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every savings and trust company, to make

commissioner,

positors dead

years.

the month of July in the year nineteen hundred and Treasurer of eight, and every fifth year thereafter, return to the bank, bank bank commissioner a sworn statement containing return to bank the name, last known place of residence or post-office of names of deaddress, and fact of death, if known to such treasurer, or not heard of every depositor who shall not have made a deposit therein or withdrawn therefrom any part of his deposit or any part of the interest thereon, or whose bank-book has not been presented for entry thereon of accrued interest, for a period of twenty years or more next preceding the last business day of June, and shall publish the same, in one or more newspapers published in or nearest to the city or town wherein such institution is located, at least once a week for six weeks in succession: Provided, however, that this section shall not apply to deposits made by or in the name of any person known to the officers of said corporation to be living and of sound mind. The bank commissioner shall incorporate in his report, or in a supplementary report, each return which shall have been made to him as provided in this section. The treasurer of any corporation neglecting or refusing to make the sworn return and publication required by this section shall be subject to a fine of one hundred dollars for each offence.

SEC. 76. Every president, director, trustee, cashier, treasurer, teller, clerk, or agent of any bank, savings bank, or trust company who, without authority of the directors or trustees, issues or puts forth any certificate of deposit, draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report, or statement of the bank, with intent in either case to injure or defraud the bank, or any company, corporation, or person, or to deceive any officer of

Penalty for unany officer of ings bank, or

lawful act of

any bank, sav

trust company.

Penalties.

Penalties.

the bank, the bank commissioner, or any agent appointed to examine the affairs of such bank; and any person who with like intent aids or abets any officer, clerk, or agent in violation of this section, upon conviction thereof, shall be fined not exceeding twenty thousand dollars or be imprisoned not to exceed twenty years.

SEC. 77. Any person who shall, with intent to defraud, make or draw or utter or deliver to another person any check, draft, or order on a bank, savings bank, or trust company, knowing at the time of such drawing or delivery that he has not sufficient funds or credit with said bank, savings bank, or trust company to meet said check, draft, or order in full upon its presentation, shall, upon conviction thereof, be fined not less than five hundred dollars or more than five thousand dollars, or imprisoned not less than six months or more than five years, or both such fine and imprisonment. The word "credit" as used herein shall be construed to mean an arrangement or understanding with the bank, savings bank, or trust company for payment of such check, draft, or order.

SEC. 78. Any person knowingly making a false statement to any bank, savings bank, banking association, or trust company respecting the financial condition of any person, firm, or corporation, for the purpose of obtaining a loan from such bank, savings bank, banking association, or trust company, whether for his own use or for the use of any other person, firm, or corporation, shall be punished by imprisonment for not less than six months or more than five years. Every person who shall wilfully or maliciously instigate, make, circulate, or transmit to another or others any statement, untrue in fact, derogatory to the financial condition or affecting the solvency or financial standing of any bank, savings bank, or

trust company doing business in this state, or who shall counsel, aid, procure, or induce another to start, transmit, or circulate any such statement or rumor, shall, upon conviction thereof, be punished by imprisonment for a term not exceeding one year or by a fine not exceeding five hundred dollars, or by both such fine and imprisonment.

AMENDMENTS AND REPEALS.

SEC. 79. Section three of Chapter twenty-nine of the General Laws is hereby amended so as to read as follows:

"Every savings bank shall annually pay to the general treasurer forty cents on each one hundred dollars deposited therewith, and on each one hundred dollars of reserve profits, said sums to be ascertained from a report to be made by such savings bank to the bank commissioner on or before the fifteenth day of July in each and every year, showing the total amount on deposit in such savings bank and the total amount of reserved profits therein on the last business day in June in such year, and to be paid on or before the first Monday in August."

SEC. 80. Section four of Chapter twenty-nine of the General Laws is hereby amended so as to read as follows:

Savings banks deposits and

to pay tax on reserved profits.

Banks and

trust companies to pay tax

"Every bank and trust company shall annually pay to the general treasurer forty cents on each one on deposits. hundred dollars deposited therewith on participation or in the same manner as in savings banks, said sums to be ascertained from a report to be made by such bank or trust company to the bank commissioner on or before the fifteenth day in July of each and every year of the total amount of such deposits in such bank or trust company on the last business

Embezzlement by an officer of any bank, savings bank, or trust company.

Insurance companies to be

day in June in said year, and to be paid on or before the first Monday in August."

SEC. 81.

Section seventeen of Chapter two hundred seventy-nine of the General Laws is hereby amended so as to read as follows:

"Every officer, agent, or servant of any bank, savings bank, or trust company who shall embezzle or appropriate to his own use any moneys, goods, effects, or funds of any such bank, savings bank, or trust company, with intent to cheat or defraud the same or any person whomsoever, shall be deemed guilty of larceny, and shall be fined not exceeding twenty thousand dollars or be imprisoned for a term not exceeding twenty years."

SEC. 82. Section ten of Chapter one hundred seventy-six of the General Laws is hereby amended so as to read as follows:

"Every corporation to carry on the business of chartered spe- insurance shall be created only by act of the general assembly on petition thereto."

cially.

SEC. 83. The following chapters of the General Laws, to wit, Chapter one hundred seventy-eight and Chapter one hundred seventy-nine are hereby repealed.

SEC. 84. The following chapters of the Public Laws enacted since January first, A. D. 1896, to wit, Chapter three hundred ninety-nine, and Chapter eight hundred fifty-one are hereby repealed.

SEC. 85. The following sections of the Court and Practice Act, to wit, section eleven hundred twentyfive and section eleven hundred twenty-six, are hereby repealed.

SEC. 86. All provisions of the laws of this state heretofore enacted and in force which are in substance the same as those contained in this act shall be deemed and taken to have continued in force from

the time of their first enactment, and as if this act had not been passed.

SEC. 87. All provisions of the General Laws, of the Public Laws, of the Court and Practice Act, and of any special law which are repugnant to or inconsistent with the provisions herein contained are hereby repealed, except as otherwise provided in this act.

SEC. 88. No act which has been heretofore repealed shall be revived by the repeal contained in this act of any of the acts hereby repealed.

SEC. 89. Whenever any statute not herein repealed refers to and adopts any statute or part of a statute which is herein repealed, or any provision or rule of law which is abrogated or modified by this act, such statute or part of a statute or provision or rule of law so referred to and adopted shall not be deemed repealed by the provisions of this act, but shall be in force so far only as the same shall have been so adopted, and for no other purpose, and so far only as it is not repugnant to or inconsistent with the provisions of this act.

SEC. 90. This act shall take effect upon its passage.

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