The record-union., 1896-06-09

You probably had a good reason for
so doing, but have thus far not stated
the same. In your latest letter you say
you do not believe it would be war
ranted in law to call for statement,
exclusively and solely for such pur-
pose," |. e., assessment
Had you complied with the first re-
quest, the report could have been used
for all purposes, and that you then un-
derstood that the report would be used
for assessment purposes is shown py
your letter of April 20, 1896, in which
you say: "The Assessor Of San Fran
cisco County has taken these state
ments as a basis, and has found it easy
to verify the statements made to the
Assessor of March 2d.'' And that you
expected such reports to be used else
where for like purpose is stated in
yours of April 18th to the State Print
er. Why furnish them with a report
as to the banks condition on March
2Sth as a basis from which to calculate
an assessment, when it was then 50
easy to have furnished the same in
formation on the very day the lien at
tached?
give as reason why you cannot again
make the call, the following:
THE banks have complied with this
request, and a large proportion of these
statements are already tabulated and
in the hands of the State Printer for
publication
My letter to you was of the 10th OF
April, and before it's receipt but few
statements could have reached you,
and on April 20, 1896, the date of
your answer, the day of which you say
the reports were in the hands of the
state Printer for publication" the
records of the State Printers office
show $50 1 am informed) that they were
not in his hands. He did not receive
them until twelve days after my letter,
and on the third day after your let
ter to me stating that they were in
his hands, though your letter of
transmission is dated April 18th.
That there may be no further misun-
derstanding on the. subject, I require
information, in writing, from the Board
OF Bank Commissioners of the State of
California of the condition of every cor
poration mentioned in Section 3 of the
Bank Commissioners Act; and 1 also
require from it Information as to each,
every and all facts required to be set
out and forth in the report as pro-
vided for in Section 3 of the Bank Com
mlSSlonerS' Act, as amended March 26,
1929. Such information to be, how
ever, as of the said corporations con-
dition on March 2, 1896.
l require this information under Sec
tions 6 and Z, Article ", of the Con-
stitution of this State, and Section $50
OF the Political Code of California,
Subdivisions 1, and 13, and the Act of
March 30, 1878, creating a Board of
Bank Commissioners, and prescribing
their duties and powers, and the Acts
amendatory thereof. Yours respect
fully, JAMES H. BUDD, Governor
The Board of Bank Commissioners, on
May 18th, issued a circular to the Pres
idents and Directors of California State
banks, which was as follows:
Gentlemen: We are this day in re-
celpt Of the following order from his
excellency James H. Budd, Governor of
California, to wit:
L require information, in writing,
from the Board of Bank Commission
ers of the State of California of the
condition of every corporation men
toned in Section of the Bank Com
missioners' Act, and also require from
1t information as to each, every an>
all the facts required to be set out and
forth in the report, as provided for in
Section Of the Bank Commissioners
Act, as amended March 26, 1895. Such
information to be, however, as of the
said corporations condition on March
p 1896"
That this Commission may comply
with said order, we herewith inclose the
necessary blanks for report, and re-
quire the same to be properly filled out
and returned to this Office, as provided
In Section of the Bank Commission
ers' Act.
The Assessors of the State will wait
as patiently as possibly the appearance
of the reports asked for.