The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1861-10-19

its amount and upon what number of shares and
on what amount Of stocks BONDS, or other evidences
of Indebtedness Of any sash bank or banking as
ISOLATION.
SEC. 36. All plates, dies and such ike materi-
ais, of and peculiar 70 any individual bank OF
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 Treasur-
er of State shall be destroyed and such destrue-
ii n, specifying the articles destroyed shall be
officially certified to BY ali the three aforesaid of
fcers.
SEC 81. 1t shall be the duty of the Legislature,
annually, to elect Joint committee, whose duty
it shall be to examine the securities deposited in
the Auditor of States atiee, 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 conditions of that department to the
Legislature.
SIC. 3S. 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 stntenaents of facts, enries in
the books ofsspeh petsz or association, or shall
knowingly subscribe or exhibit faise papers, with
the intent to deceive any person authorized to ex
anime as to the condition of such bank or asso-
citation, or shall wiilfully or knowingly subscribe
and make false reports, shall be, deemed guilty of
[a1 misdemeanor, and shall be subjected to im-
prisonment at hard labor, in the States prison,
for such term; not less than one year nor mere
than ten years, the court trying him shall des-
ignate and, like wise, any commissioner, examiner
other officer, willfully and knowingly subscrib-
ing or making any false report, shall be deemed
guilty of [a] misdemeanor, and be subjected to
like penalties. n
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 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
posit the in the office of the STATE Treas urer;
and the Auditor of State shall not be directly or
indirectly interested in any bank or banking as
soclation. or as an Individual banker.
SEC. 40 Any banker 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 tereof,l onehalf of one per cent.
on the amount of circulating notes eountcrsigned
and registered as hereinbefore provided, and may
require the same to be paid at the time of the de
livery of such notes.
SEc 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 the State Treasurer, and on
his certificates the Auditor of State may deduct
the same from the proceeds of such sale.
Sea- ANY person or persons violating any OF
the provisions of this act not hereinbefore specific
ally provided for shall, upon conviction thereof
pay fine of not less than fifty dollars more
than five hundred dollars for each and every of
Tense, to be recovered before any court having
competent jurisdiction; and all fines and penal
ties recovered shall be paid into the State treas
ury.
SEC. 43. This act to be published in news
paper in each county in this State, where practi
cable, and in one newspaper published Mt the
Capital for six weeks previous to the next general
election, and to be submitted TO of the elec
tors of this State at the general election to be in
force fIom and after It's approval by the majority
of the votes cast ut such election. The ballots
used Mt said election shall be written or printed
as follows "For Banking Law or Against
Banking Law rs the case may be. and the re-
turns of such election shall be made in accordance
with the election law Of this State.
APPRovED, June 4th, 1851.
SECRETARY of STATES OFFICE,
Topeka, Sept 18th, 1861.
I hereby certify that the above is true copy OF
the original Enrolled Bill as filed in my Office.
JOHN W. ROBINSON.