The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1897-03-11

power to call for special reports from any
are necessary in order to obtain a full
and complete knowledge of its condition
be made in the following form:
State of Kansas, county of. ----...ss.
said bank, do solemnly swear that the
above statement is true; that said bank
any note or obligation, other than shown
in the above statement, to the best of my
knowledge and belief SO 6eh3 me G9d;
Section Is. In addition to the reports
bank doing business under this act shall
within ten days after the declaring of any
sioner a statement of the amount of
such dividend and the amount carried to
surplus and undivided profit account. and
shall forward to the commissioner. with
in ten days after the first day of January
in each year, in such form as he may
the receipts and disbursements of such
bank for the preceding year: Provided,
that Incorporated banks shall not be re-
quired to forward TO the secretary of
state the statement required by para
graph 11S1, general statutes of 1889.
Section 10. Every bank which fails to
make and transmit to publish any re-
port required under either of the two pre-
atty of $50 for each day after the period
respectively therein mentioned that it de-
lays TO make and transmit it's report of
the proof of publication. Whenever any
bank delays refuses to pay the penalty
herein imposed for failure to make and
transmit or to publish a report the COM
missioner is hereby authorized to MAIN
tain an action in the name of the state
of Kansas against the delinquent bank
sums collected by such action shall be
paid into the state treasury and placed
to the credit Of the banking department;
banks, doing business in the state of Kan
sas, which shall refuse or neglect to COM
ply with any requirement lawfully made
upon it by the bank commissioner pur-
suant to this act, for a period of ninety
FnN ut IL 4 Vx-f~ifi fS do
shall be deemed to have forfeited its fran
chise, and the bank commissioner shall
thereupon revoke its authority to trans
act a banking business, by notice to the
president or cashier thereof by publica-
failure on the part OF such bank to com
ply with, or any violation of the provis-
ions of this act, shall work a forfeiture
of its franchise; and in either case the at
torney general. upon the request of the
bank commissioner. shall commence an
action for the purpose of dissolving said
corporation.
Section q. The governor shall appoint,
by and with the advice of the senate,
bank commissioner for the state of Kan
sas whose term of office shall be four
years, and until his successor is appoint
ed and qualified The first term shah
commence on the first day of March, 1897
me bank commissioner shall appoint two
deputies, clerk and a Stenographer, who
the bank commissioner, or until his sue
cessor is appointed, subject to removal by
the commissioner at any time. No officer
or enploye OF any bank, or person inter-
ested owner or stockholder thereof,
shall be eligible for the office of bank
shall occur in the Office of bank commits
sioner by death, resignation, otherwise,
the same shall be filed by appointment by
the governor and any such appointee shall
hold the office for the unexpired term.
Section % The bank commissioner and
deputies shall EACH before entering upon
the discharge of his duties, take and sub
scribe the usual oath of office and exc
( cute to the state of Kansas a good and
sufficient bond to be approved by the
Will faithfully and inDaFtiallV diSCla
the duties of his office. and pay over to
the persons entitled by law to receive IT.
all moneys coming into his hands by vir.
tue Of his office; the commissioner in the
sum of $4,000 and the deputies in the
sum of $4,000, with sufficient sureites. to
be apProved and FLED as provided by law
Section 3D. 1t shall be the duty of the
commissioner or his deputy to visit each
and every bank doing business in this
state, except national banks, at least once
in each year and oftener, if necessary,
for the purpose of making a full and care
full investigation and inquiry into the con-
that purpose the commissioner or deputy
is hereby authorized and empowered to
oath the owners and directors and all
officers and employees and agents of such
ton shall reduce the result thereof to
writing. which shall contain a full true
and careful statement of the condition of
such bank.
Section "a. Each and every bank SO ex-
amined, having not more than SIS 900 capt.
tai stock then paid in. shah pay a fee of
$500 for each and every examination; and
each ana every bank having more than
600 capital stock paid n, and not more
than S25: 600 capital paid in, shall pay a
fee of $50; and each and every bank hav>
ing more than So, 900 ca pital stock paid in
and not more than 500. 600 ca pit al stock paid
cry bank having more than $50, 900 capital
stock paid in, and not more than 800, 900
capital stock paid in shall pay a fee of
$780, and each and every bank having
| more than 100000 capital stock paid in,
shall pay a fee of $S5 to the officer making
such examination On receipt of any fee
as herein provided, the officer receiving
same shall execute to the bank or banker
plicate thereof; and it shall be the duty
of every bank or banker to Immediately
forward to the state treasurer one of said
receipts.
Section 25. 1t shall be the duty of the
bank commissioner to keep a record of all
| fees collected by him or his deputy, to-
gether with record of the expenses in
| Cured in making the examination of all
banks and at the end of each quarter pay
| over to the state treasurer all fees col
| lected during the preceding quarter. and
| he shall file with the state treasurer an
| itemized statement showing from whom
Section 26. The commissioner shall have
! power. at any time, when he deems it
necessary, to call upon any bank. except
| national banks, for report of its con-
| dlt1on upon any given day which has
passed, or as often as the commissioner
| may deem it necessary.
Section 81. copy of each call made by
| from all banks doing business under this
| such call shall be published in the official
state paper. and suchpublica ton shall be
| deemed legal notice to all such banks
| Section IS If, upon examination made
| by the commissioner or his deputy, or
| from any report made to the commits
| sioner, it shall appear that any bank is
| insClVent. ii shall be the duty of the COM
missioner to Immediately take charge of
| such bank and all the property and eff
| fects thereof Upon taking charge of any
| bank. the commissioner shall, as soon as
possible, ascertain by thorough exami-
| nation into its affairs, its actual condi-
| ton, and whenever he shall become salts
| fed that such bank cannot resume bust
| ness or hquidate its Indebtedness to the
| satisfaction of all it's creditors he shall
| report the fact of its insolvency to the
| attorney general, who shall Immediately
| upon the receipt of such notice. institute
| proper proceedings in the proper court
| for the purpose of having a receiver aD-
| pointed to take charge of such bank and
! TO wind the alta irs and h,lSilas