River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1898-09-15

I
buAulng. upon the same floor. and in Euch
/ close proximity as TO interfere with the
/ proper examination Of either bank, the
( bahk commissioner may require either Of
SAID banks to remove its banking office
! 10 some other locr ton. within such
reasonable time as may be fixed BY the
Section 9. All proceedings by any bank
to enJoin the bank commissioner in the
discharge OF his duties, shall be had in
the county where said bank is located
or in the supreme court of this state
/ All suits and proceedings arising out
/ of the provisions Of this act In which the
/ state. or any Of it's officers or agents
4 shall be parties, shall be conducted under
4 the direction and supervision of the at
I tOrney- general
/ Section 10 Copies of all records and
papers in the office of the bank com
/ missioner, certified by him, and authentl-
I Gated by his seal of office. shall he evil
dence in all cases, equally and of like
4 effect as the original
4 Section II. During the month of Decem-
/ Der of each year, the bank commissioner
! shall make an annual report TO the
governor of the state. which report shall
+ be published and shall exhibit the con-
/ dition OF the various banks OF this state
4 as Of the day of the last report made to
i the bank commissioner by such banks;
1 and such report shall contain state
I mcnt of the condition of every bank
/ from which reports have been received
I with an abstract of the whole amount Of
/ capital returned by them, the whole
/ amount of their liabilities the total
/ amount of resources, and specifying the
! amount Of lawful money held by banks
I at the time Of their several returns, and
/ shall give a tabulated statement or the
1 resources and liabilities of each bank
/ and such other information as in his
I judgment may be required. Such report
! Shall also contain statement OF the
/ banks whose business has been closed
/ during the year. the amount of their re-
| sources and liabilities and the amount
paid to the creditors thereof; also a state
ment of any banks organized during the
year; and shall also give a list OF the
3 IL a 4. LIT
amount of stock held by each. and the
names Of the directors and officers of
| each bank. He shall also report the
/ names and compensation of the clerks
\ employed by him. and the whole amount
/ of the expense Of the banking depart
| ment during the year preceding.
/ CHAPTER II.
Banks
Section I. Any number OF adult resi-
/ dents of Wisconsin. not less than three,
may associate 10 establish u bank under
this act, upon the terms and conditions
and subject TO the liabilities prescribed
! In this act. The aggregate amount of the
capital stock of any bank shall not be
! less than ten thousand dollars, in villages
or cities having less than Two thousand
| Inhabitants; and shall not be less than
| twenty thousand dollars, in villages or
cities having more than two thousand
! and less than six thousand inhabitants;
and shall not be less than fifty thousand
dollars In any village or city having
more than six thousand inhabitants, ac-
section ? The nersons so nssocfatinp
| shall make, sign and acknowledge written
articles Of incorpation containing:
First 4 declaration that they associate
| for the purpose of forming a banking
CORPORATION under this act
second The name Of such hank sucb
name shall be in no material resDect
similar TO the name of any other bank
in the same county, whether such other
undar +be lave of tho TTnf+od S+atae
Third Tho Village or civ ana county
x..Lara s,I5b banlr ie IN 10 iocata1 t'
I5o,Ir,h trro i,,,n,,r+ - cNTjtoi s.o~I,
- - III - ,1;,.i,li = Itle,,t -
WltCI SILL ne Wv lutu mo sIlaIeS OF nor
n n tIl'il ~ HOI i'ioie t''"il one HuHuieu
"I IltS ~ ~ ;,, er -,rtot .,,, ,.,-
I'm ~ III ~. ~ " NJ suCn pailA
- ~ %ih|Su' iloL eNCee9luS LLIy years.
2eSliuIt .; sun a. ~, tISig9 ~ iIlCoI pore
LIoi Sil3H 1g ~ ~ ~ lI'itdl - s Sile
~ W mn Si'Ii 1S Ltt'' q ~ III ttlC UllGe
ui tue tSslTl.oI ol uT i IA 'ilg county IN
Tind IN ~ Cfice 81 Tho b.,,,i, en,,rr,!,o
,t,r - III 80 sSU 10 GIaj a., +I o'iti " .
of No sarrstar,, az et.ta "
l,Nn+t,r I+,o,, ,,aI,irr or,1 flir, oe
no articles ~ jprornoration +be 6anlt
shall become a body corporate. and as
siicb eb9II have ne foIioyine mowers We, ''
E'irst To make ali ron1rarte ip3oresr3r,,
and nroDer To effect its Durnose and CON.
diiGt its businegs
Second t. s,Ia ana no s,,od IA o,noor
- If,5 ~ iii tio, 1I'1 ~ 1870
80, 49, re cnrTorata ,aroo - ~ ~
.i,5S tn,t &c ndtt'Irt .I " 'Hc
TbfrJ ~, y 80 10 - cr3I, cool o,d
al.
~tEt - .tSi.. -, -
L oul ~ ~, - 49, % "a pporrC az HeC 5
ssI%l{ "a lii+i,,
49, -, li.,,,i,e H., fii1 - 49,.
llptllsa tt'ii' uI2liliS9 elie4h III E''GdhcAeS
ana IeluLte poiluS.
lltu' i Q max diiItilu anu repeat py =
avs anu re- uldIloHSt HCt INCONSISTENT
WIN law OF It9 1lllsit9 % "l E"IIlAstI loiI,
lor us own soNtdilI ne lot lhe otueIIy
cohuuCt 81 ltS tLLaIS ailG tnS Lial!aEe-
ment OF lts PIoPerty' lot uete5 ,,,.,s NE
nlsiIIist - 1"''tii5 ~ "a; 'iIi5 its
IieStiiS t w @ - - ~ -
49, r, a.. o,,I-e,,ie,t ~, 10 -
pe 5i y" ~ ~ tsilH 1871 i"i ''ie @c
SiIfb N exercise Nv its directors
1,,Iy sutjGrizrd ofFicers or AGENTS All
49, ~ ~ t,Iiraes ~ banIxfnc ~ INV,
~ - ~ 10, nj 9,ntiatjrer, o,,i,
llIE, utae a. 5raft MI - -.
So fr',i,r,, Ia dnr,Gstia IA o+bnr
CndiiEt' Ioi ttSIi ~ ,oihea slllu otIlSI
tNlueil(eS 81 80, u. Wv tiLS 1uiIi i
merClal ana savings uepoSilS uhdeF Such
feSulal IONS as 1t may ID!iSi, ny 9uS :
ing ana SelIlIS com anu puiiiOil, anu pS
buying ana SelllhB eNchdhSc, Iote,Sh ana
domestic, issuing ItlltIS 81 CISuI., anu
by loahiHS lnoIleS ~ l,o.t9l " ie'l
security, as prov lutI ne ~ ! .Lt. go
section .. no Ddilh SH"u lIdil9dCt any
business except , sugtl as j? ilCLueiltal
or necessarily pi tlIliits'l9 70 ~ VI sd!iIzt
ton untli II mas peen res IlaILy autnot-
lZeu by tlS nd.LN ~ ~ Cum
mehce Ihe ou ,rI ~ pfn ,ti >, .to
ottlioh 2, ma ~ d;irontjo, t e "
tIP'ldi r. 60 I,,,,t3 +tC+, ,,,-ior - -
dHiiIS ol ny W - ~ ~ " ttlG
SItttioh " az ~, 80
oiiIitN Nitu ~ - e.tio 20
relating 70 COZ Lol lloIIS; * SuCi
!at'tt :, - - f ~ r,,,itaj sfocIg -
my pr IN - I iS IL e. Si, IN %
every Dahh sI ~ ~ - a. 49,
iolt ~ sti,,it l - ttI-l,. ~ ~ r,,;tai
- .t,,i LII - MIA a. In r,sI
OF sucn Sahk SnqiI nF pay ~ n -" ~;
~ mn. ~ ~ ,ii f ~, aritai NJ
Pgi NeA, ~ ,i " - .,,.leo ii,,,S ,,1I,t6
Solt az liit cuu "a t,lOti - 49, ~,
lilt pdih - ~ 49,
ness, anu NJ Pay iiieii " - ~
ment ShaH be certliGd 70 lhe pli ~ Coiue
missioner uhuct oata' Dy SOME otl'Set ol
the bank , .,-,., - e..
SECTION Z. W neneNeF atIlC'eS OF ilCuI
p9rauoil arr Hltu Ml'ii IiiG 3''lN ma W.
-, ~ ~, tb % o+ifee tbe
BANK tranSmlttinE me ne same nQ' ft7 , TT
,t ~ ~ ri,,;tal bas been diIv maid in
INA Ma sUrb MINK has comnlied with
I'll ~ ~ ,,r,,,isi,Ts ~ tbis IA rao1Ifrad
bnfnre tbe hank shall 10 authorized to
cot,n,erca business Tho hank commits
sIonsr shall exaniIe into tho condition
If such hank ascertain the amount of
money maid in an account Of It's capital
the name and place of residence of each
~ its directors and whether such bank
~. coI,,,IisJ ,,itb ali ~ mo provisions
~ IN. rtaoS,ired 10 pntitle il 10 engage
- 70, 10 -; -. - ! ,,i,f,'~ - ,,,o,, e,5at,
~ Wy .9l, - t.,,,o.,.- tLt s,,,.b l,arl[
VNi 80 ,, 1,,1si,,.,ss
IS Jaw tuii9 tllILyt ~ ,iI ,t,;.h
me bdHk h,SSioItsl llHL iUi -" -;
Haiiu diIa oiIlSlaL 500 - uCt
auinGfIHtd ~ i ~ ,, - -
Sald n'HN ll go 49, f ~,
new ~ M -, ~ 20 - itriti,,ot,