The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1884-07-16

WEDNESDAY, JULY l6, 1881.

to every equitable owner of stock,
although the same appear ON the
books in the name of another. Stock
held MS collateral security, or by
trustee, or in any other representa-
tive capacity does not make the
holder thereof stakeholder within
the meaning of this section, so us to
charge him with any proportion of
the debts or liabilities of the corpora
ton but the pledgcr or the person or
estate represented is to be deemed
the stakeholder as respects such
liability.
Section 32. Every corporation
permitted to carry ON banking bust
ness under the provisions of this
Act shall make quarterly report to
His Majesty's Minister of the Interior
commencing from the first day of the
quarterInext succeeding the organi-
2ation of such corporation and con-
tinuing on the first day of each sue
ceeding quarter, which report shall
shall be verified by the oath of the
President, Secretary or Cashier and
all wilful false swearing in respect to
such report shall be purjury in the
first degree and subject to the punis-
hment prescribed by the law for such
Offense.
The report hereby required shall
contain true statement of the con-
dition of the corporation making
such report, before the transaction
of any business ON the morning of
the day specified, being the first week
day of the quarter in respect of the
following items and particulars, viz. :
Loans and discounts, overdrafts due
from banks corporations, firms or in
dividuals, amounts due from direct
ors Of the corporation, real estate
specie bullion stocks bonds, bills and
promissory notes, checks and drafts
on other banks, overdue bills and
promissory notes bills and notes of
other banks, capital, notes in crcula-
ton, bills and notes held by other
banks, corporations firms or indiv-
duals, deposits payable on demand
fixed deposits and amounts due not
included under either of the above
heads. And it shall be, the duty of
the Minister of the Interior to pub
lish full abstracts of the said reports
IN one daily and one weekly news
paper published in the City Of Homo
lulu, exhibiting the items Of capital,
circulation and deposits, specie bull
lion, public securities and debts of
all sorts due to the corporation.
Section 33. The president and
cashier of any corporation formed
under this Act shall cause to be kept
at all times full and correct fist Of
the names and residences of all the
shareholders in the corporation and
the number of shares held by each
i'm the office where it's business is
transacted. Such list shall be sub
ject to the inspection of all the share
holders and creditors of the corpora
ton during the regular business
hours Of the corporation.
A copy of such list verified by the
oath of the president or cashier shall
on the first Monday of September Of
each year be filed in the office Of the
Minister of the Interior.
Section 81. The Minister of the
Interior and the Auditor General
of the Kingdom shall as often as
may be deemed necessary make m
examination into all the affairs OF
any corporation formed under this
Act, and for that purpose may
examine any officer and agent OF tho
same under oath and shall make
full and detailed report Of the condi
ton of the condition Of the corpora
ton to the King i'll Cabinet Counci
and no such corporation shall b.
subject to any other. visitoria
powers except those which are yeste'
i'm the Courts Of Justice.
Section 80. The stock holders o
any corporation formed under thi
Act shall at no time be allowed to b
.io.t;,oI,, ;nJobtn1 op liable 4