Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1898-10-27
.v,b,e the directors of such bank

sale In FIVE pubic places IN the village or
~ where such bank is located. Upon
SSsb sale the purchaser shall forthwith
~ the amount OF the assessment against
paid stock The amount received from the
10 III said stock. less the cost and eX-
Sanse OF such sale, shall be paid TO the
ppy|sinai owner of such stock.
section T. On becoming satisfied that
,nv bank has refused 20 pay its deposltors,
g. accordance with the terms on which
s1ch deposits We're received. or that any
tgnk has become insolVent, or that its cap
ttsl mas become impaired, or that any bank
ms violated any of the provisions of this
law. the bank commissioner may forth
g,iTh take possession of the books, records
aud assets eff every description of such
bsuk, and hold the same, and such books
records AID assets snail not be subject to
am, leyies or attachments. until a court of
competent jurisdiction can be applied to
frr The appointment of a receiver for such
t-rk who under the direction of the court
shall take possession OF the books, records
ard assets OF every description, collect all
debts dues and claims, and sell or COM
pound all doubtful debts, and sell
m real and personal property on such
Terms as the court shall direct. and IL nee
ssyary, enforce the individual liability Of
stockholders. Such receiver shall pay over
ali money by him received under the order
of the court, and shall also make report TO
The bank commissioner, as often as reQuir
ed By him. Of his acts and proceedings.
section s. In the event that any two
banks shall be doing business in the same
hulldlng, upon the same floor, and in such
close proximity as 10 interfere with the
nroper examination of either bank the
bank commissioner may require either Of
said banks to remove its banking Office to
some other location. within such reasona-
bic time as may be fixed by the bank COM
missioner
Section 3. All proceedings by any bank
10 enioiu the bank commissioner in the dis
charge 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 pro
visions OF this act, in which the state, or
any OF its officers or agents, shall be par
ties shall be conducted under the direc-
ton and supervision OF the attorney-gen-
eral.
Section 10. Copies OF all records and pa
pers IN the office of the bank commissioner,
certified by him, and authenticated by his
seal of office, shall be evidence in all cases.
q, equally and OF like effect as the original.
Section II. During The month OF Decem-
Der of each year, the bank commissioner
shal make an annual report to the gov
eluor of the state, which report shall be
published and shall exhibit the condition
OF the various banks OF this state, as of the
day of the last report made TO the bank
commissioner by such BANKS, ans such re-
port shall contain a statement OF The con-
ditiCn of every bank from which reports
have been received, with an abstract OF
the whole amount of capital returned by
them, the whole amount Of their liabilities,
the total amount of resources. ana speci-
tying the amount OF lawful money neh Dy
banks at the time of their several returns,
anu sndn StNs 1st'SSH - IA
IvSIH' ~ ft, - "a bis il,dananf
So Ga rs6IIiTad S,Icb rsnort shai7 also
'|Iry7iS n s'ltsrnenf oT me- hanks whose
business has been closed during the year,
80 80 80 ~, 1,,tn'1,t 49, ~ H. eraItrnrs
thereof, also statement OF any banks or
gained during the year, and small also
So" Ia r. sr1S1'nt ~ st6cts hald nv
SInb AMI the names ~ Tha diT@rtors and
ol(.,s ~ ~ ea|b ri lie snail also renort
~ ,,,so - ,ni,'i,s,aSt Ion ~ me rIerIls
eSnintind b,, him aHI tbs Who'll amoInt
~ ,ba' eynn1ea ~ tba banlsinfr denartment
o. {ne expense use. ot tne odhi's uepA 'iie'
N''''e '-10 "a ,,,,ra
CAi|AA 1 ~ ~
BANKS.
section 1 ANY number of admit residents
NJ WISCONSIN NOT lass Than three NAV as
sHcIate ~ ss5,eh iisb a hank ,1ndsr This ACT
ETaH The terms ana rnadifions ana subicct
tn The IiabiIitirs nrescTlbed In this ACT, The
aggTegafe amoIlft Of ,ns capIi1I stock OF
ss1o dniiars in viliares or Giles having
las than two thousand inhabitants; and
sGalI not be loss fhan twenty Thousand dol
lars in viiianas or elites bayinrr more than
80 tbonnand ana Isss tnan S3x thousa nd
frhshifSpIsl and shan nor he less than tifty
,l a., o .,,S. s IN Inv Wv v or civ baT
10 ,1n,a H. civ tbousanI inhanItants
sHSordinS tn The last ofirial census
S~ati9 rr,ro ,,rs-,,s, - associatinsr
9JICon ne pe' "crttfa'
,1Ii ~ ,7,,o,a -it, cnfafri7,--.
S4'tDte7 Va 49, $3.50 - 7,..
fTst' a ueclarRt ron that tIes , assoc ll.
tol me uIpose o. 4oltliiils d pd'lA'l's S0A
potatloh under inns act -, III. 60,
otCoIlt' nc IidtiIC W 2dSti AN 80
name sAal pe IN no ildletial fSspIC1 SIM
Idt ~ the Hdille VI any otI'el jain ~ ~ ~
same CouIlt!, W"Sshci s"Ci otnsi jam %
Ois"u@Sq uhaeI TINS ACT Vi ui'Sel thS laws
Oh tne Clliteu StdleS' 49,, ,..
lAhu' 1As NhidSC VI Cits aiiH NoNi''
"Teie suel pdAh - " NC loOateu, ..,o,,
tourth = ne atlo l o. LaP r $3.50 ~
whIGu shddl oe u.' luCu M S4Iri 90 ~ IL, Ia
leSS man NY i'oi "lolS '''a" '''o "u"N' eo
UOit"lS SoSi4. ., 60 .,;t, .,,,h r,,I,.
ruin. me period lor Which Su .,'l DAMN
Is otbdH'Aeu' iiot oAeeeEils ny se"ts.
Section :. Such altlcIes Oh llcoipoIauoH
shail DE executed IN ulplcate. one Oh NhIeh
shall be recorded IN the oiuce OF me regis
ter OF deeds IN the county IN WLlCh the
bank IS located one shall De iileu ~ the
Office of the bank commissioner, ana one
shaH ne hIed III the ONCE Oh the seCle'd41
oil state. ,-....--..., ,,,i..,.r, a..
section J. Cpoh making anu ming ol VIZ
articles OF incorporation the pdhk shali
become body corporate, ana as such shdA
have The following powers.
tIst. 10 mdhS an CoAtrdCts NECESSARY
and proper to effect It's purpose ana CON
uuCl IT'S business
Second. : sue ana De suSu, 20 appear
and def Il al actions anu re0ceedlllsa
under corporate name, u ~ same CA