The Sunday tatler and Jersey City express. (Jersey City, N.J.) 1883-1886, 1885-06-14
CHAPTER CLxXIx

Supplement to an act entitled "An act concern
ing savings banks" (Revision), approved April
twenty first, one thousand eight hundred and
Eeventy-six. 4F-
|. Be it enacted by the Senate and General As.
sembly of the State of New Jersey, That the gov.
erning board of every savings bank in any city in
this state having population of over one hum
dred thousand, whether such bank shall be or
shall have been organized under or by virtue Of
any general or special statute shall at each annual
meeting of such board hereafter, provide for the
election by ballot by the depoStors of said bank
of committee of three depositors for the pur-
poses hereinafter set forth which election shall
be held two weeks thereafter, of which election
public notice shall be given by advertising the
days, in one or more newspapers circulating in
such city, and once week, for said two weeks in
a weekly paper, If any circulating therein, desig-
mating the time and place for the holding Of such
election and the necessary expenses for the
holding of such election shall be paid by such
governing board and charged to the expense
account Of said savings bank; and the governing
board of said savings bank shall appoint two of
their number and two depostors who are not and
members of said board, which four persons. as
inspectors, shall have charge of such election
and such inspectors, before proceeding to hold
such election, shall severally take and subscribe
an oath or affirmation, before any person duly
authorized to administer the same, faithfully and
impartially to discharge the duties of their office
as such inspectors and to make true return
thereof as hereinafter provided; the poll at such
election shall be opened at ten o'clock in the
morning and shall continue open until nine
o'clock in the evening for one or more days, as
said inspectors may determine; and such govern
ing board of said savings bank shall provide
ballot box in which shall be deposited all votes
cast at such election; ard no person shall be en-
titled to vote at such election unless his name
shall be upon the books of such bank as depos-
itor therein, certified list of which depositorS
shall be prepared by the secretary of such savings
bank for use at such election; and the production
by any person of deposit book, showing bal
ance to the credit of the person therein named,
shall be deemed sufficient evidence of the iden-
tity of any depositor of the right of the person
producing such deposit book to vote as proxy at
such election; provided, such depositor shall not
be known to the persons in charge thereof, or
such person so offering to vote shall not produce
q duly executed proxy to vote at such election;
and the three depositors who shall receive the
highest number Of votes cast at such election
shall be declared by said inspectors to be duly
elected as such committee of depositors; pro-
vided that no depositor who shall be in any wise
related by blood or marriage to, or in any wise
connected in business with any of the governing
board of said savings bank shall be eligible to
election as a member of such committee of depos-
ftors and the said inspectors, after such election,
SHALL with all convenient speed, count said votes
and, under oath or affirmation. notify the govern
ing board of the said savings bank in writing, of
the result of such election, and of the names and
addresses of the persons elected as such commit
tee of depositors; and the said governing board
of said savings bank shall notify such committee
of depostors, by notice mailed to each of them at
least five days previous to the beginning of any
of the fact that such examination is about to be
commenced, and requesting them to be present
and participate in such examination.
Q. And be it enacted, That such members of
said committee of depositors shall be present
at the time or times appointed for the making of
such examination may fill vacancies in their
number from among the depositors of such saw
ings bank, other than the governing board there
of; and in case none of said committee of depos-
itors shall appear then 1t shall be in the power of
said governing board of said savings bank to Sc
leet three such persons from among the depos-
itors as they may see fit being governed, in such
selection, to the qualification Of the persons to
serve on such committee of depositors by the pro-
visions of the preceding section relating to the
election of persons, as members Of said committee
in the first instance, by the depositors.