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


done By him under this act, showing
generally the condition of the bank
ing business OF this state, with de-
tailed statement, verified by his oath,
OF all moneys. fees, etc, received by
him during the same period, and
shall publish at least 240 copies OF
such report in pamphlet form for
distribution.
Section 26. II shall be the duty
Of the bank examiner, when he shall
d eem II necessary, and at least once a
each year, without previous notice to
visit and make o complete examina-
tlon OF the affairs of each bank fall
ing within the provisions Of this act.
and file in his Office a report show
ing the general condition OF the
anne: AMI for this purpise he shall
have authority to demand and In
spect en- books, moneys, notes, bonds
papers and other records OF said
bank
Section 81. The bank examiner
shall have power to administer oaths
and shall have authority to examine
under oath the officers. agents, clerks,
owner or owners OF any bank, touch
ing the matters which he is by this
act directed to examine into, and any
person wllfully making any false
statement In such examination shall
be deemed guilty OF perjury and upon
conviction thereof punished accord
ingly. II any officer, agent, clerk,
owner or owners of any bank, wheth-
or under oath or not, shall I'm any
manner wilfully misrepresent the
condition OF the bank TO the exam
lner. or purposely misiead or make
false statements 10 the examiner re-
gardlng the condition Of said bank or
any part OF It's business. said person
shall be deemed guilty of mlsdc-
moanor and upon conviction thereof
ln any court OF competent jurisiic-
tion such person shall be punished by
a fine of $1,000 or imprisonment I'm
the county jail not less than six
months. or both such fine and i'm
prisonmont.
Section 2S. The state treasurer
shall collect from each bank, for each
complete examination OF It's condi-
tlon, an amount regulated according
to the capital, surplus aud undivided
profits OF said bank. according to the
following schedule. to-wlt: For all
banks having capital. surplus and
undivided profits amounting to SiO,-
600 and less than $4,000. $40: S25..
600 and under $4,000. $50; $4,000
and under $4,000. $40; $4,000
aud 100000. $50: 100000 and
under 100000. 500; $4,000 anG
under 100000. $40; 100000 and
under 100000. SSO;. s25O.OO0 and
under $500. 900, $40; $500 900 and
under $3.50. 900. 800; 100000 and
under 100000, sl25; Si.OOO,OOO
and under sl.5OO,OOO. $3.50; ST.
500 200 and under $4,000. 900, s175;
81 100000 and under 100000,
s2O0: S9.0OO.OOO and over. $3.50.
Provided, however. that no bank
shall he required 10 pay for more
than one examination any one year.
Section 20. II upon examination
or from any report made by a bank
governed by the provision of this
act, Il appears that the capital OF
such bank Il reduced by Impairment
or otherwise, Il shall be the duty OF
the examiner TO require such bank TO
make good the deficiency, and he
shall have power 10 examine any such
bank 60 ascertain the amount OF
such impairment or reduction OF
capital. and whether the deficiency
has been made good In compliance
with his demand II such bank shalt
neglect after such demand has been
made 90 make good the deficiency SO
appearing or found 10 exist. the Same
shall be cause for the proceedings
provided Tor In section 80 of this
act
Section so n the bank examiner
upon examination, or upon any re-
oort rendered under this act. shall
hc OF the opinion that any bank Is
'naolvent, or that lts capital Is i'm
'alred, or that It's condition Is such
AS TO render the further continuation
of ns business haIardous 20 les ere
iltors, dopositors. or the public. or
bose hovlns funds In lts custody.
'r that the bank has exceeded It's
overs or failed 20 comply with any
u the rules, restrictions and cOndl.
tion9 provided by law, b shall forth
vith report tho facts 10 the said
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