The Buchanan County guardian. (Independence, Buchanan County, Iowa) 1858-1864, 1860-06-06
L A w S OF low A.
Published BY Authority,
CHAPTER 1877.

|
tions to make quarterly statements.
SECTION /. Be 1t enacted.by the Gen
eral Assem5ly Oft the State Of Loca, Tha
all associations now organized or which
may hereafter be organized under the
general incorporation laws of this State
for the purpose of transacting bank
ing business, either in the way of buy.
ing or selling exchange, receiving depos-
its, discounting notes, &C., shall hereaf-
ter on the first Monday of January, April
July and October in each year, make a
FULL clear and accurate statement Of the
condition of such association on that day
which shall be verified by the oath of the
President or Vice President, Cashier or
Secretary, and two of the Directors
which statement shall contain.
1st-The amount of the capital stock
actually paid in, and then remaining as
the capital of such association.
2d-The amount OF debts Of every
kind due to banks, bankers or other per.
sons, other than regular depositors.
3d-The total amount due depositors
including sight and time deposits.
4th-The amount subject to be drawn
at sight, then remaining on deposit with
solvent banks or bankers of the country,
specifying each city or town and the
amount deposited in each and belonging
to such association.
5th-The amount of gold and silver
coin and bullion belonging to such as O.
citation at the time of making the state
ment.
6th-The amount then on hand, Of
bills of solvent specie paying banks.
7th-The amount of bills, bonds, notes
and other evidences of debt, discounted
or purchased by such association, and
then belonging to the same, specifying
particularly the amount of suspended
debts, the amount considered good, the
amount considered doubtful, and the
amount in suit or judgment.
eth-The value of real or persona
property held for the convenience of such
association, specifying the amount o.
each.
9th-The amount Of the individua
profits (if any) then on hand.
1oth-The total amount of all liabilities
to such associations on the part of the
Directors thereof: which statement shal
be forthwith transmitted to the Auditor
of State, and be by him filed in his office
SEC @ An abstract of every state
ment showing the condition of such as
sociation as required in section LIST, o
this act, shall be Immediately published
/ by such association, in some daily news
paper and if there be no daily, then il
some weekly newspaper print d in the
county where such association shall trans
act its business.
| Sec. 3. Any failure or neglect of til,
proper officers of such association i
comply with the provisions of this act
shall be regarded as forfeiture of all th,
rights aud privileges of such association
SIC. a. Any officer whose duty it il
made to make statement aud publication
as aforesaid, who shall neglect or refus,
to do so, shall be deemed guilty of mis-
demeanor and on conviction thereof
shall be punished by fine not less thar
one hundred dollars, nor more than on,
thousand dollars, or by Imprisonment
not less than three months nor more thar
three years in the Penitentiary.
SEC. 9. This act shall be in force ant
take effect from and after its publication
according to law.
JoHN EDWARDS,
Speaker of the House of Representatives
JAMES I. WILSON,
President of the Senate, pro ten,
Approved April 9. 1860.
SAMUEL j. klRkWOOD.
hereby certify that the foregoing il
true copy from the original roll on I'll,
in my office. ELIJAH Sells,
Secretary of State