The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1884-12-25

. tsss 81 6l#s~ust. .ha4@ sAae ~ nsaon&l. -
4 nusg cmvr9mry sMAsK tfss Sssir
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ss1s fbs tfs4srsss sssstMns heAssrff Aae t'tsts,
sAgil Ne f.hneth I'll fhc SBupA EnertsnEs 90 tvta
seg.otsfior., 70 ~ bpaasr al sort fsfnw - tht
b., aws aifssA The trNxsafm, sssistApi ucAsAstr
rnt ssefAs s1sll tf sgpuintsd ~ t&s nustrss. 800
sAsu boi3 efsss esssrg thsaf pls~srfs y ~
ofyfs herusass vAnsni A1sing The peat, ihs iFns-
sess nsf apFosps . pe'sss 10 All tAs sssas. uniA
81 !. rseniMriy fiset u he nsfi snnmai nsaeisag.
sna "a s.ers,s cAassM ~ sypcaEEea 10 az osace
Aces ee.g w5slin a.enlf dsys siles s1ta ebolcs %
stfsoiasanent isss lhe oask " orsct, biz ofsre
shsli lisssrpper he rscant
ssr a. A sstifrs tsst % ssfings lrsslsaiior
mar, sta lsgsi sneealng, siea W s@sspi Any sAfi'
re a. ths Flsss 10 10 a sacsrbes ihef-of bui ths
nuntey st aassnssss u sorh osfpersslop shall Esd
ssone4 err. prfs on usy u M sspn3s fnssf'
Inr tsAss ~ h. q ssetnisr ~ fllng written no
aixe eff AZ intrniaDn MI 80 d.. Win the urAsrfef.
skfus manshs II tce. befort each nreting- No
,ssasan shA cssntlnes to he sciabss silsf rfnef.
lrg i,..s. she sa@is
nssrfsos BrtAvs
srr 4 speh ssgings taals or savings lnsiisu.
lion. nsay 81 any llns, bold spccssi oofs'orsioss
nsciings ~ order ~ the uwssees and the Treas
ursf shsii siso rDslis special moeisngs upon the
r~qussisson In wrsslnT 81 len mninteis q The cot
t-orailen. eta a.ys' previous n"ssee of mee,ings
SHALL To- given ~ peblic advertisement In some
sswspsper az the copaiy shefe Tho oonposa.
tscn Il established. OF BY seasonahy mailbag 10
eseh mefnhsf u such corporation written OF
pfariea NOTICE of sDrh meeting.
src 5 ssrlngs hanks aud savings oscillations
IT.. a.. fl.sis sfl.afIf not
irsorsGstest siib law.
sso. q. The trustees shsiI have the general
management Of tho sfsirs Of The corporation. bot
thry msy ses through Zach committees oi invest
meat. examination and audi 10 they appoint,
sal8eci to ihelf general supervision and control.
frc T. regular meeting Of the board Of irus-
sscs of every savings hank OF savings Institution
shall he held m Often ~ once In three months 70
receive tbs report Of lis treasurer, sud for The
transaction OF osbrr business quorum shall
consist Of not lees than majority OF sach lfns-
tees bus lcss than quorum may adjourn from
time 10 lime, OF until the neat regular meeting
A. ofien As once a month and at each regular
mceiing the treasurer shall irtpsro statement
showing The condition Of The corporation, IN the
form 81 trial balance statement Of iis accounts,
which .hall he recorded IN a book kept for thai
purpose aud shah at ali tlIncs be open 10 the In
spoctlou Of the trustees and the Inspector OF
finance record shall be made al each ricctng
Of The transactions OF the board and the names Of
the trustees present As ofen as once 10 SIX
months the trustees shall cause 10 be made, by
committee or board OF auditors OF not lees than
three of their number, thorough examination,
and report IN detail 10 The board oftrustees Of the
asscis and liabilities Of such corporation, and the
same shall he recorded In the statement book
Aforesaid.
sue i. Said trustees shall fix the eompensa.
lion Of the officers 81 such corporation aud shall
themselves receive such compensation for their
services a. Ia fixed by the corporation al legal
meeting.
sac =, No trustee OF officer Of a savings bank
OF savings institution shall directly or indirectly,
either iof himself the partner Of Others, Dor
row or usc liz funds deposits or sign any note,
as surety, upon which any OF such deposits are
loaned.
Sac TO- The officers Of every trust company
shall be sworn before entering upon the dulles OF
their office, aud II person chosen or appointed
TO such ONCE does not within twenty days after
such choice or appointment, take the oath OF
Office, his Office sha ,herrupon be vacant.
OFFICERS BONDS.
Sfc H. The treasurer Of q savings bank. |
savings Institution or trust company shall, be.
fore he enters upon the duties Of hs Office, ex-
ccuic 10 said corporation bond with sufficient
surcies 10 the satisfaction OF the trustees, con
dtioned for the faithful discharge OF the dulles OF
his Office Said bond shnll be not less thar ten
thousand dollars aud when the deposits OF such
corporation, including It's capital, II any, exceed
the snm Of one hundred thousand dollar, the
penal sum OF such bond shall be Increased two
thousand dollars for each additional SUN OF one
hundred thousand dollars or fractional part
thereof,
SEC IL. The bonds OF treasurers OF savings
banks, savings Institutions and trust companies,
shall be deposited with the Inspector OF finance,
within twenty days AFTER the election or appoint
ment Of such treasurer
SEC. l3 The inspector OF finance shall annual
~ examine the bonds Of the trcasurcrs OF the
several savings banks, savings institutions and
trust companies. aud shall inquire into and
certify 10 the suficicDcy thereof, aud when he
deems bouu insufficient shall order new bond
TO be ilcd wlliln q reasonable time 3y him TO be
limited, aud II new bond IL not furnished TO his
satisfaction within such time, the ONCE OF
treasurer shall be vacant and new treasurer
shall be appointed.
sEc IA. The trustees Of such corporation may
require from any other officer, clerk or agent
thereof sueh security for the faithful performance
Of bis duties. AZ they deem necessary.
REPORTS TO INSPECTION or FINANCE.
SEC. u.s. The treasurer Of every savings bank,
savings Institution and trust company SHALL ON
or before the tenth day Of July In each year,
make report TO the inspector OF finance, showing
accurately the condition thereof as II was at The
close OF business on the So,h day OF June next
preceding which report shall embrace the FOL
lowing particulars Ii
Name Of corporation place where located
amount OF deposits total number OF depostors
number OF dcposiiors resident Ia this state, and
The total amount OF their deposits number OF ,
depusilors not resident In this state and The ,
total amount OF their deposits amount OF capital,
II any amount OF each lem Of other liability 4
public funds, intending United States, state, !
county, town, and other municipal bonds, stating !
each particular Kind, the par value, estimated !
market value and amount invested on each bank !
stock stating name aud location OF bank, number !
81 shares, par yaine, estimated market value, and
amount invested In each loans on bank stock, !
stating amount on each railroad bonds, stating :
name Of railroad, par value, estimated market ,
value, and amount Invested in each loans on !,
railroad bonds, stating amount on each other I,
t0cks stating the amount OF each estimated value J,
II real estate, and amount invested therein (;
oans On mcrtsnges OF real estate, stating amount
N this state, and amount elsewhere; loans TO I
lily, town, village, or school district iosns on
personal security loans ON other collateral 49,
.uri,les thsn those above mentioned describing 4
uch securities, and the amount leaned ON them :
eycraiy cash on deposit In banks or trust com.
,anies, with the name thereof, and the amount 1,
deposited In each cash on hand the rate and i,
mount Of each scmi-annual or extra dividend !,
or the part year the amount Of the treasurer's !.
,ond the amount Of taxcs paid during the past 4
ear 10 ihe United States and 10 this state the :,
aiary u the tresssrrr and other expenses for the
asst wear. eli OF which shall be certified aud :
worn 10 by the treasurer. \
SEC l6 1.-THE treasurer Of savings bank, savings y
s.tinsion or trust company falls TO report 10 the
aspcesor OF lpancc IA hereiubctorr provided, be A
hall soYfeR Tor each oIcrsc the sum OF one :,
hon,asd dollars TO be recovered In m artion 90
he cssc la the name Of The state, founded on :
bis siaia,e and the Inspector OF finance stall, on
: bcfofc the twcniy.hfih day Of Juy In csch :,
ear Of the neglect Of such treasurer examine the o
lisIrs OF such corporation aud make asssiemcut o,
the condition thereof In respect 70 the pafsc- Of
isn specified 10 section IL Of this Get. 10 b a.
nbodisd iu BILE report required BY section 40, "
ID also in the annual pamphlet publication In
"A i. .-nsi... cit ~ uswfx~d Isus -