The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1861-10-26

its amount, and upon what number Of shares and
what amount of stocks. bonds, or other evidences
of Indebtedness of any such bank or banking as
ISOLATION.
SEC. Sc. All plates, dies and such like materi.
ais, of and peculiar TO any individual bank OF
banking association, which shall have closed bust
pess. either by its own voluntary act, or by oper
alton of law, under the Objection of, the Auditor
of State III presence of the Governor or Treasur
er Of State shall be destroyed; and such destFuc
ii n, Specifying the articles destroyed, shall b,
officially certified to by ali the three aforesaid Of
feers.
SEC. 81. It shall be the duty of the Legislature
annually to elect joint seosnrnistee, whose duty
it shall betoFexamine the securities deposited in
the Auditor of States Office. by banking associa
tons and Individual banks, together with books
and papers therein relating to the business Of
banking; and the said committee shall report the
true state and condition of that department to The
Legislature. -4Ss s
SIC. SO. Every officer, agent or clerk of any
banking association or basker authorized by this
act, who shall wiilfully ana Knowingly subscribe
or make any false stateTDsBts OF fsAts ensTies an
the books of such person or association or shall
knowingly subscribe exhibit false papers, with
the intent to deceive any person authorized 10 ex
anime as to the condition Of such bank or asso-
citation, shall wilfully or knowingly subscribe
| and make false reports, shall be deemed guilty OF
| [al misdeneanor, and shall be subjected to i'm
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 him shall des-
Ignate, and, ike wise, any commissioner, examiner
or other officer, willfuiy and knowingly subscrib
ing or making any false report. shall be deemed
guilty of TAI misdemeanor, and be subjected to
like penaltiIs. .--,..
SIC. SO. 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
| III. /
posit the in the Office of the Stat. Treasurer
and the Auditor of State shall not be directly or
indirectly interested in any bank or banking as
sociation, or as an individual banker.
SEC. 40. ANY banker 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 under his direction, in behalf OF
such banker or banking association, [aecording to
the provisions thereof, one-half of one per cent
on the amount of circulating notes countersigued
and registered as hereinbefore provided, and may
require the same to be paid at the time of the de-
livery of such notes. s--
SIC. Al. 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 for
his services in selling the stock and redeeming
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 tue State treasurer, ana on
his certificates the Auditor of State may deduct
the same from the proceeds of such sale.
Sec. AZ. Any person or persons violating any OF
the provisions of this act, not herein before 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
Tense, TO be recovered before any court having
com petent jurisdiction; and all fines and penal
ties recovered shall be paid into the State treas
ury. ..
SEC 43. This act to be published in one news
paper in each county in this State, where practi'
cable. and in one newspaper published mt the
Capital for six weeks to the next general
election, and to be submitted TO vote of the elec
of this State at the general election; to be in
force fIom and after its approval by the majority
of the votes cast at such election. The ballots
used Mt said FL elton shall be written printed
as follows 'For Banking Law" or Against
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 -1r.a.
APPROVED, June 4th, 1861.
SECRETARY of STATES OFFICE,
-- Topeka. Sept. 18th, 1861. (
hereby certify that the above is n true copy OF
the original Enrolled Bill as filed an my Office.
JOHN W. ROBINSON.