Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1898-10-20
fortsitNre herein imposes. Nr failure to
make snd TRANSMIT such report, tho bank
cNmmiSStoptt ~ bercey authorized to instt-

fotlttt0rc herein imposed Nr 4 failure to
make snd transmit such report, tho bank
forfeiture
Section IL Whenever any onactr " a
hanh >hAl refHSN 10 submit the nAaN-, ~
PsrS NN1 concerns OF such bark u tNr ,,l.
speSttoN ot the hank cNNtmsSStat.y h4S
aeRAtN ar eNamtaEf apNatH2n$ hvtNandtf
or refuse 10 be examined On cath tauchsnS
the concerns OF tNr bank the bank COM.
missioner may, with the approval af the
attorbeE-Eeneral, institute PROCEEDINGS tor
the appointment ot a receiver of such bank
to wilma dp its business,
Section N. Every officer or employee Of
any bANk required hy law to take amy oaih
or atNfmauoa, who shall wNtGlly swear or
aunrta falsely upon any material matter,
shall he deemed sutlty Of perjury, and
as provided Ivy the laws of this state for
the punishment OF perjury,
section N Any bank orgauixed under
TINS ~, may rtorSanise under the laws Of
the uittd States as a national hank NJ
soon Is such hank shall have obtained the
cera">att from the comptroller Of the cur
renSN aEtho' ,&tng II TO commence business
under the t.dtnd States panktns law, such
rSosEan'Esa bank shall take and hold all
OF the assets, real and PERSONAL OF such
bank orGantaed under this act, subject 10
ali liabilities existing against said bank or
Eantsed under this act at the time OF such
reorganization,
Section y. Any national bank author
lied tn dissolve, and which shalt have ia.
Ken the necessary steps to effect atssolu-
zion, may reorgantzc uader this act, upon
the consent i'll writing Of the owners OF
two thirds Of the capital stock ot such
bank, and with the approval Of the bank
commissioners, such stoEkholdetS shaIi
make. execute ami acknowledge articles %
organization as required by this act, and
shall SCI forth the said written consent OF
such stockholders. Upon the hitng Of said
ARTICLES AS provided by this act and upon
the afploNaIol the haNk conthhSsNhet,suNn
nank ShaH b" decmed to Nc te9tRahlaed
uhae' TINS act ana tHsteupGh az assets
iedl anu personal OF suHn d'SsoNeu ma
,'ohat hank snail ne Nesleu ~ ahu We a'a
etCou't W" properly ot Sneh tsNtsnA'"'"
nalk SUBJECT To All uaMntleS el SuNn h'~
uonai Nank not stVumated before S"Sh re-
ofgant2aWeh
1870" - y n"uN Whsm y ~ N"m sa't ~
%lhulnE ~ It's BUSINESS Tor the purpose on
cohSonaallNE WIN some oth3 nanh "Ils
Tans'ef rs resources ana iahtuues 70 ,ne
oaaN WIN Nhlch " Is II, nt2"N"S ~ ~
sot,iaaen nut no CONSTELLATION snaA ne
mane without the consent ot lne hanN COW
missioner ana not lheN ~ 2etHa' o' a'.
LaHa ''F OK the Sfent"tSI "a we 'o",f(n t w
el tnN a&NiN against sAld HahhS 4" 'hh'F
Oh Vh.h 49,
SetNoh w ANY pahk orSah"eu or "olils
BUSINESS uud1 Wy pteN'S'H"S ", l."H ~ ", -
may 70 INTO bl0iIatlou " y WV "t W
stoShne,aetS aWhtus 'Wo-.h,'HS :" wy ~, w.,
INTO liauldaton. II Sha'l ,hN tdN dNlN ot Wv
hoatd ol directors 10 cause h0N'V o' 'ils
taGt 90 ne Er'tlitu, uadF' tht ,tl " NV
oahk NY IT'S pteNIdehl aA0 Nash-ls w wv
nahk commissioners anu puhhNatoh 'lstS-
OF, houtNinE ths Greditors 10 rrgsent lno y
Claims AGAINST the nahN l"t PaNi'In,, Ss' ,,,
be nadr once N eaeh week Tor elShl sue
cesSiNS Weeks III me oulGlu I'aie pai w I,
anu also ~ 4 newspaper PhhhSheI III my
NiiaSe, GUY or county IN WhlEh 'le o'hn
Is loEalel' aha u ne ueMsPaPFl " , tn.lI
puhnShed' theu III vac newspaper p""i's"'"
at the nearest county scat
Section n Every bank shall keep on
hand at All times At least htteoh Yer cent
OF It's total deposits al least elN-nttH1hths
OF winch Shail he IN lawNui money an" 'ne
balance of such percentage may be on &c
post IN banks approved by the bank COM
missioner as reserve banks, except w NE
case of banks which shall I've approved ny
the bank commtsslohet ~ ITsetNe na .l
which hanks shall at all times Keep on
hand ~ least twenty-five por cent OF lhelf
total deposits, At least tWo-htths OF Whlch
shall be IN lawful money anu tue nhlahCs
may pc on deppSl} III eatlNH aPptoNtuh W
the bank commissioner as reserve palhS.
Section q, Whenever the reserve nt any
bank Shall tail below NY uthouh' ltlu'' u, ca
herein TO be Kept sneh nauh sham not ~ W,
crease It's loahs or discounts othSrWlSe tha ~,
by dtScountinR or purchasing pHtN VI ~
change, payable al siphs OF on aeinal 1t,,
ana the BANK commissioner shai uot'ay
any BANK whose reserve l'ias w uel1" ~,
amount htftth i'H"li''''' w ntahI1 $50 ~. :.
reserve, anu IN case me ohhh iaits w Unity
days Thereafter TO MAKE Eooh Huen ~
serve, the nahN ronihlsSlolHt IhnN, VI"
the appfoSal or the attorney ssnt'a. -" ~
stitntt procedures iot 'ur apt'o ,', ",
receiver, ana To Wihn UP the oHHH'eee "
the nahK ,,,,,,., ,,,
section 70 ne lotfu haptlt,tGa ~ ny
person co-pattn'fsnP o. Eoi ~ T., ~ =,
any bank, Tor money BORROWER, n,1i"' -, ~
In the iiabitcS OF me GO pm ttiel sup VI"
liabilities OF the several menipels the. t =,
except SPECIAL parultlS' Sha.i az ~ ~, ~
exceed hfteen per 'ent OF we hi''pui n W
chPlthl anu ~ ~. - ,n,,n a,,,, 4,
diseonhtins OF hiis Oh eMeNaiR'i u'a ',i ~
sooa laltii asalSl ~ 'alts t,iS ~ h,,sI
ana the aiseohutlnE VI 'oi','' - ~ ~ =, $3.50,
ness paper aEtuallS o"htl ~ wy p ~,
negotiating the SAM, Slhli NY " ~, ~,
cred as money borrowed P' ~ ~
tWo-thrda vote OF me on NJ 20 ar
hilitts OF any pttS ~ $500 vi ~ ~
corporation, may ~ NV ~ Wv o,t a.
sum hot eHe'GtuhE MeiltN t,i, - "
the capital anu surplus ol SUN t"',"'
section Y No baih Shhil tak" I"l seuuti.
" for any loan OF discount heh upon
amy part OF its capital $40 Is NO pahh
shall be the hoihtf 81 or pHTcnAS'i Oh ht,s
portion Of IT. caritai sto.h, uliiess Hncn
purchase shall be necessary 10 prevent TOSS
upon debt previously contracted ~ kooh
faith. Stocks 80 purchased shall IN no
case be held by TIE bank Tor longer titne
than six months, III the stock can he sold
for the amount OF the claim OF the Dank