The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1861-11-02

I -EEfs8 3
its arnount, and upon Whist number of shares and
on what ponnt of stocks, other evidence
Of indebtedness of any such bank or banking a.
ISOLATION ~ zEA-f2 S7sd psEslsE ,s#efazs
SEC. Sc. All plates, dies and szclp ike materi,
ais of and peculiar 70 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 dirsStieu of the Auditor
of State, ia presence of the Governor or Treasur
er Of State shall be destroyed; and such destruc-
ii specifying the articles so destroyed, shall be
officially certified to by all the three aforesaid Of
fcers. las Snoz5iuu7efs % s59l5sf5l s-55 : 1sra
SEc 81. 1t shall be the duty Of the Legislature,
annually, to elect q joint committee, whose duty
it shall be to examine the securities deposited IN
the Auditor of States office, by banking assoeia
tons and Individual bAaks, t1ss9ker with books
and papers thereing relating solthe business of
banking; and the said eompittee shall report the
true state and condition of that department TO the
Legislature. Sass ''d' 7'ss 81 s7J'ila 81.
sEC So Every officer agent or clerk of any
banking association or banker authorized by this
act, who shall Willfully. and knowingly subscribe
or make any false statements OF facts, entries in
the books of such person association, or shah
knowingly subscribe or exhibit Eglse papers, with
the intent to deceive any person authorized 70 ex-
anime Us to the condition of such bank or asso-
citation, shall willfull yor EHa ingly subscribe
and make false reports shall be deemed guilty Of
Ia limisdemeanor, and shall be subjected to InI-
prisonment at hard labor, in the States prison,
for such term, not less than one year nor more
than ten years, as the court trying MN snal deS-
ignate, and likewise any commissioner. examiner
or other officer, wllfully and knowingly subscrib-
ing or making any false report, shall be deemed
guilty of [al misdemeanor, and be subjected to
like penalties. III
SEQ 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 sure
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 Stat. Treasurer
and the Auditor of State shall not be directly or
in directly interested in any bank banking as
-seeiation, or an Individual banker. Il r.,5
! SEC. 40. ANY banker or banking association
that shall organize under this act, shall be requir
ed TO pay the Auditor of State for the service per
formed by him or under his direction, in behalf OF
! such banker or banking association, according &c
the provisions theTeof,l one-half of one per cent
on the amount of circulating notes countersigned
and registered hereinbefore provided, and may
require the same to be paid at the time OF the de-
| livery of such notes -.--. ID .s.s......- .s
SEC Al. In ease the securities deposited with
the Auditor of State, to secure the redemption o.
the circulating notes of any bank shall be sold il
pursuance OF the requirements hereof. one cighd
| 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 rcdeeming
the notes of such bank, and the amount of suet
per eentage together with all necessary expenses
shall be audited by the State Treasurer, and OF
his certificates the Auditor of State may deduc
the same from the proceeds of such sale. "
SEC. 42. ANY person or persons violating any o
the provisions of this act hereinbefore specific
ally provided for, shall. upon conviction thereof
pay fine of not less than fifty dollars or NOR
than five hundred dollars for each and every of
Tense, to be recovered before any court kavins
competent jurisdiction; and all fines and penal
ties recovered shall be paid into the State treas
ury. 10 800 -- '-i -
SEC. 43. This act TO be published in one news
paper in each county in this State, where praeti
cable; and in one newspaper published at tn
Capital for six weeks previous to the next genera
election, and to be submitted to of the elec
tors of this State at Tire general election; to be il
force fIom and after its approval by the maj orit.
Eof the votes cast at such election. The ballot
used ut said election shall be written or printed
rs follows "For Banking Law" or 'Agains
Banking Law as the case may be. and the re
| turns of such election shall be made in accordance
with the election law of this State. f,.
r,r APPROVED, June 4th, 1861. -... .-F e, s.r,.
Of }