The Lewiston teller. (Lewiston, Idaho) 1900-1905, 1905-02-07

his office. He is granted accesi to all
books, monies. notes. etc. and given
power to take evidence under oath. The
fees he may charge for examination are
based on the capital stock and the total
assets. The capital stock fee ranges all
the way from SO for a capital stock of
$4,000 to 5000 to $50 for $500. 900 and
upwards and in addition he must COL
lect a fee ranging from SIS for total
assets under $4,000 to SIS for over
$3.O00.000. 1t is expected the following
sections will be incorporated in the bill:
whenever it shall appear from any
report of any private or incorporated
bank that the capital stock Of such
bank is reduced by impairment or
otherwise below the amount required
by law or by it's certificate or articles
of incorporation it shall be the duty of
the commissioner to require such bank
to make good the deficiency; and to
give effect to such requisition he shall
have the power to examine any such
bank to ascertain the amount of such
impairment or reduction of capital and
whether the deficiency has been made
ton"
And if such bank neglects for six
months after such requisition has been
made to make good the deficiency so
appearing or found to exist, the same
shall be cause for the receivership pro-
ceedings provided for in the following
section:
"If the bank commissioner on exam
nation of the affairs of any bank gov
erned by this act shall find that such
bank has been guilty Of violating Its
charter or the provisions Of this act
or is conducting its business in an un-
safe manner he shall, by an order adj
dressed to the bank SO offending, direct
discontinuance Of such illegal and un-
safe practices and IL such bank shall
refuse or neglect to comply with such
order or whenever it shall appear to
such commissioner that 1t is unsafe for
any such bank to continue to transact
business he may Immediately apply to
the district court Of the county in
which such bank has it's principal place
of business for the appointment of
receiver for such bank who, if he be
the assets Of the bank in accordance
with law. Should it appear that the
commissioner in any such case has
proceeded maliciously or without rea-
sonable cause he shall be held liable
to such bank on his official bond for
any damages resulting therefrom, in
GLIDING all expenses and costs of such
proceedings, and in addition the COM
missioner shall be deemed guilty of a
felony and punished upon conviction
thereof by a fine Of not exceeding $1,000
or Imprisonment in the state peniten-
tiary not exceeding two years or both
such fine and Imprisonment at the dis
cretion of the court.
Strict Secrecy 10 Enjoined
THE bank commissioner shall keep
| proper books Of records Of all acts,
matters and things done by him under
the provisions of this act as records OF
his office. He and his clerks shall not
disclose to any unofficial person any
fact or information obtained in the
course of business OF the department
except so far as this act makes 1t their
duty to make public records and pub
lish the same. and. any violation OF
this prohibition shall subject the Of
fender to prosecution for misdemeanor
in any court of competent jurisdiction
and to punishment by fine not ex-
ceeding $1,000 with imprisonment In
the county Jail until the same is paid
and such conviction shall subject the
offender to a forfeiture of his Office o,
employment
The bill will probably carry an ap-
preparation of $1,000 for the two years