The Somerset reporter., 1891-04-30

AN ACT arnd sections one two and ,hree Of enaler
two hundred and eighty sin Of the iaois avs ,s
hundred aud eighty nine, relating TO Foreign 'opo's
mr.. ,,n and three OF chapter hundred and
srb,s. a the public laws Of eighteen hundred and
ebt, nine arc hereby amended to read sio owe
SrCr No forcg1, corporation. or any agent or req,
,r.nlsi,,c thereof shall ot to sell sell negotiate in
III. state an bonds mortgages. notes or oheI ehps W
M, pl,.ins iiet,.s therefor FROM bank examiner
Beiory receiving such license shsil tnrhish the esane
detailed statement OF its condition, Which, sAtsmen,
mai elrarl, drscrbe ca-sr. OF ia n'set. and
liabilities sud shsil lie .sorn u d! either VA pfesueh'
treasurer secretary. and certified To he correct W AZ
lea two Of It. DIRECTOR Sad statement shall IN all iar
teulsrs TIE A. full a. tie EXAMINER may rr-ine. pen '
eestne .dch statement the hank examine. mhy s ssa
lese authorizing such corooral.on TO rpniuct u
In nv. subject to ~ laws until ne hi's aay "i ,s
next December, and such 'rnse , be rene ~ n,n"p
th-reafer 50 long the bank examiner Ie9' thr eoi
poratloa responsible and saie but "a ~ ra-s 70 ~
"Iamlner NAV revoke such license al any time should he
tho coalition Of .ssh eetpSfanSh ~ Ia
utnt unsafe sherrupon the I,sht OF sush '.tpvh ~
do tuse-. in tbs state shall terminate tot sauu ~,
censc and each rene~a the corporation 'ha" pay 'ne
examiner Tor his use twenty dollar. d., - a.,
s.r Il shall be the duty Of such corporation OF Us
hisi IN sey town OF eity designated BY the bank cram
tnrr cory 81 The statement fgrnished him livery sueh
f,e provided. Appoiut In writing the bans
examiner In office To be ~ true ana
nreeenrs against may be served, ana IN such writing
sa ssfer ,hai any ful procc" against ~heh "
On All, attorney shall be si the saDa Esl force ana ssi
y A. served npon corporation and that the author
Is shnl continue force 50 long a.. any Inability teusr
vice uails on SAID corporation ~ any 'ea
,a of proceeding shall he valid ard binding thereon am
the nj rendered therein shall bind the cooperation
a. villf l., every respect. whether the deenuAnh ap'
=, ma, IL Irense granted by the bank examiner nc
sal Mace aid writing die in bis oiee % i1se eir't
tbrrelro hat II lleensn Is not granted hy HIM shAi DO
returref TO te corporation Copes Of tiii wrllR &C..
thsd Nv the hank examiner shall be dreinei sueietts
tdenre hereof When Legal process against any sn,n q1i
,nr,on il .rr,ed upon tlt bank enaniner ne suai WIN
r. la sy. thereafter mail copy thereof potAfe pre-
RAID dfrced to The sdise-, of sd cofporaon or 10 any
rean ralailsfej by sai corporation in writin; Tue
planle in zach process served shall pay To The bsns
xnnne u the time Of such service. leo oil two uoas
which sla recovered by him as part OF his tasAo'e
eo,t, u he prevails iu the suit
,secr 8 Such corporation and It's agenA Tor Tie puI
pose. herenheiore mentioned. are under the supervision
II Inc hup examiner and ,hall ut all times at bis request
farn.h him such statements and Information AS he may
de-. re together with fun facilities to asceriain Toe tfue
condition and standing OF the and no person sh'
nct .eut or representative of such corporation oeiote
The Icen.e eren provided granted or after ne same
hn. hnen revoked Any person violating Any ~ we PFC
gi.lons OF tl.r act shall be deemed guilty oil misoe
Incanor and an conviction thereof he liable 10 uhe not
.rsaling nv Hundred dollars or imprisonment hct ek
eeetins ssty days. both All provisions in seuton,
IN, tso am. three OF the afore.sd chapter two hundred
and eshtyx inconsistent with this act are herehy re-
nesl,d ~ Improved April 81