The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1861-10-12

its amount, and upon what number of shares and
on what amount of stocks, bonds or other evidence
of Indebtedness Of any such bank or banking as
ISOLATION. - -
SEC. IS. All plates, dies and such ike materi-
ais, of and peculiar to any Individual bank or
banking association, which shall have closed bust
ness, either by its own voluntary act or by Oper-
alton of law, under the direction Of the Auditor
of State, in presence Of the Governor or Treasur-
er Of State, shall be destroyed; and such destruc-
Ii specifying the articles destroyed shall be
officially certified to by all the three aforesaid Of
6eeFs.
SIC. 81. It shall be the duty of the Legislature,
annually, to elect joint committee, whose duty
1t shall be to examine the securities deposited in
the Auditor of States offiees by banking associa-
tons and individual banks, together with books
banking; and the said committee shall report the
true state and condition of that department to the
Legislature. -.t5y is.Tsr...-f --.
SIC. 80. Every officer, agent or clerk of any
banking association or banker authorized by this
act who shall wiiifully and knowingly subscribe
or make any false statements of facts, entries in
the books Of fclfh ~nS2nOeg association, or shall
, 1hno;winglS all be subj ase papers win
amin q sn 1ssa vote of such b"aE or ssso
sjati~t :: to decciySn- cemmissowingly subscribe
ana make fat1--. at at any. be deemed guilty of
nt rof his De the s;nt to ,m
for such term. not less than one year nor more
than ten years, as the court trying him shall des-
ignate, and, like wise, any commissioner, examiner
or other officer, willfully and knowingly subscrb-
ing or making any false report, shall be deemed
guilty of [al misdemeanor, and be subjected to
like penalties
| SEC. 80. The Auditor of State shall, before en-
tering upon the duties prescribed by this act give
| TO the State of Kansas bond in the penal sum of
fifty thousand dollars, with not less than five
ties, to be approved by the Governor and Secre-
tary of State, conditioned for the faithful dis
charge of all the duties of his office, provided for
and incumbent upon him under this act, and de
post the same in the Office of the State Treasurer
and the Auditor of State shall not be directly or
indirectly Interested in any bank or banking as
ISOLATION, or as an individual banker.
| SEC 40. Any banker or banking association
that shall organize under this act, shall be requr
ed to pay the Auditor of State for the service per
formed by him under his direction, in behalf OF
such banker or banking association. according to
the provisions thereof one-half of one per cent
on the amount of circulating notes countersigned
and registered as herein before provided, and may
require the same to be paid at the time Of the de-
! livery of such notes ....
! SEC IL. In case the securities deposited with
the Auditor of State, to secure the redemption OF
the circulating notes of any bank shall be sold in
pursuance of the requirements hereof. one eighth
| of one per cent on the amount received for the
same, shall be allowed the Auditor of State fol
his services in selling the stock and redeemlng
the notes of such bank, and the amount OF such
per centage together with all necessary expenses
incurred in advertising and selling SUCH stock
shall be audited by the State Treasurer, and OF
his certificates the Auditor of State may deduct
the same from the proceeds of such sale.
! SEC. AZ Any person or persons violating any o.
the provisions of this act, not hereinbeore specific
ally provided for, SHALL upon conviction thereof
pay fine of not less than fifty dollars or more
than five hundred dollars for each and every of
l Tense, to be recovered before any court having
competent jurisdiction and all fines and penal
ties so recovered shall be paid into the State treas
ury. 'a" 81. -'i-
SEC. 49, This act to be published in one news
paper in each county in this State, where praeti
Capital for six weeks previous TO the next genera
election, and to be submitted to a of the elec
tors of this State ut the general election; to be il
force fIom and after its approval by the maj orty
of the votes cast at such election. The ballots
used at said election shall be written or printed
as follows: "For Banking Law or "Agains
Banking Law the may be. and the re-
turns of such election shall be made in accordance
with the election law of this State.
APPROVED, June 4th, 1861.