Daily capital journal. (Salem, Oregon) 1903-1919, 1907-03-23


uulrcd. or that It's capital is impair,
ed. they shall In their discretion
forthwith report the facts to the at
torncy general OF the state with di-
roctions to proceed in an appropriate
legal way, by Injunction or other
wise. To cause a disContlnuance OF
further business by any such bank as
going concern. Upon any such di'
rcctiun Il shall become the duty OF
the said attorney general to begin
proper proceedings In the name OF
the bank examiner to wind up the
affairs OF any such bank. The cir
cult court OF the judicial district or
any Judge thereof In which any such
bank Is carried on shall have, and
Is hereby given. jurisdiction of any
such proceedings instituted by said
bank examiner. and shall have, and
IL hereby given. authority to appoint
a receiver or receivers to take charge
OF the Affairs OF any such bank and
to make final and complete disposi-
tion of It's affairs. and to make such
orders aud DEGREES. injunctive and
otherwise preliminary and final, to
restrain. suspend, or prohibit the
further prosecution OF the business
of such bank, and to dispose OF all
It's business as may be needful in the
promises. Should Il appear that the
bank examiner IN any such case has
proceeded maliciously or without
reasonable cause, he shall be held
Liable to such bank on his official
bond for any damages resulting
thorefrom, including all expenses and
costs OF such proceedings, and, In
addition. the bank examiner shall
he deemed guilty OF felony, and up
on conviction thereof be punished
by fine not less than $1,000. or by
imprisonment In the state penlten
tiary not exceeding two years. or
both such fine and imprisonment, at
the discretion OF the court.
Section 81. Receivers provided for
In this act shall receive such COM
ponsation as shall be allowed by the
court.
Section So The bank examiner
shall. az the close of each month. pay
into the state treasury an sums OF
money received by him during such
month from any source connected
With hts once.
Section s3. The bank examiner
,hEll keep as records OF his once.
nroper books showing all acts. mat.
'ers and things done by him under
che provisions of this act. Neither
DC nor his assistant shall disclose 20
any person. oiacial or otherwise. any
''et or information obtained In the
curse OF the performance OF their
'niies. eNcent so far as this act
'akes it incumbent upon them 10
"aOort 10 the board of bank commits.
ionnrs, or 10 make public records
and publish tho same, In NO Instance
shall the name OF any depositor or
debtor, or the amount OF his deposit
or debt, be disclosed TO any one. ex-
cent insofar as may be necessary In
N performance OF his oficial duties.
AVID any violation of this provision
shah be considered misdemeanor,
aud, upon conviction thereof. In any
coart ot competent jurisdiction. such
person shall be punished by a hne
of siooo, or imprisonment In the
county iail not less than SIX months.
or both; and upon any such convlc-
sion, the once or employment OF such
person shall be forfeited.
section so, Within twelve months
after this aet goes into eject every
bank dolng business In this state AZ
the time Of the taking efect OF this
act, shal lmake report 20 the hank
examiner on blank toFm 20 be fur