The Virginia enterprise., 1909-04-30

!, deputy superintsndent eight exam
lnerS. one once clerk two 81 stenogra-@
pliers. and such other employees % may
examiners In the proper discharge ot
their work. Such deputy examiners shall
each give bond to the state in the sum
rss n dosre as
whenever 70 provided, shall each give
bond to the state In such sum. as may
e designated M by the suRsrintsndent OF q
! the superintendent OF banks and filed
IN the onice OF tho secretary Of state.
During the absence or disapNity Of the
saperntendsns sSa, % o have charge osfps 81 tss
Once and administer its affairs. The
Examiners 80 TO be appointed shall have
had at least three years acuve expert,
furnish such evidence. Of their qualin-.
cations as expert accountants and gem
eral fitness for their duties as may be
demanded dnss BY the supesintHsndent rSaH ente Of
their work to tho examination Of state
banks. savings banks. trust companies
and other financial corporations located
be appointed as hereinafter provided,
save and except that any such exam
iner may be temporarily transferred from
ths superintendent % Of banks. when i
shall appear that the interests Of the
department shall be better served by 90
doing; and whenever 1t shall appear that
ansneiai o corporations 1a ions within any such sach
examiners district is more than can be
property examined. twice during each
cy xth me .as clerks os ee re ss
may be considered necessary by the SUI
perintendent Of banks No examiner
shall have the. right to examine any
corporation Ia which he may have an
Sc: e.sasa Xasaneensns e.asss o. Of Hsei Hss%iaers
the Of the better tSs
superintendent Of banks shall Immediate
~ after his appointment as herein pro-
ytded. proceed to divide the counties Of
manner that the banks in each Of such
districts shall be, as nearly as may be.
Of an equal number. In arranging said
sha!l also co Consider the matter Of Con con:
same BY the examiners. After the SUI M
perintendent Of banks shall have com:
Counties Count in into ss districts. as IN this SECTION on
provided: he shall at once designate the
district in which each Of the eight ex-
aminers to be appointed under the pro-
inations as herein provided.
Sec: 10. Reports Of Examiners-Each
examiner appointed under this act shall
make report to the superintendent Of
Of an examination of the actual flnan-
cial condition Of the institution exam
ined, with such recommendations and
suggestions as he may deem advisable.
salary Of the superintendent Of banks
shall be five thousand (s5,000) dollars per
annum, and the salary of the deputy
sunsrintendsnt END Of banks an and of Of each ex-
lars ($2.600) per annum. The salary Of
the Office clerk shall be not to exceed at
the rate Of fifteen hundred ($1,500) dol
the rate of nine hundred ($eoo) dollars
pei. annum. each to be fixed by. the su-
perintendent Of banks. The salaries Of
iners herein provided for. shall be such
may prescribe, but not to exceed in any
Sundred tsseo> d dollaTs lse per a1num 01 'een
lntendent Of fs Banks 1spttM to Be Made WIEN Wien;
Term-The governor shall appoint a SUI
| vided, within thirty days after this act
shall take effect and be in force, whose
term OF office shall expire on the first
Monday in January Of the year 1911.
There Is hereby annually appropriated
from any moneys in the state treasury
thea.aRRa esSeSe5 doiars SUN Or % %
the payment Of the A SALARIES ee1:' Of the per- @
sons to be appointed under the provisions
OF this act and the further sum Of f1f-
teen thousand ($16. .ooo) dollars or so much
| tingent fund for the expenses Of the
| superintendent Of banks. the examiners
! and their clerks or other assistants.
banks organised under the laws Of this
of Fe6ruary 1915, and annually there
after. into the state treasury the follow
than fteen % thou.and RuR doars' ia t%enes " aess
f1ve dollars: those having a capita, Of
lars; those having a capital OF twenty
t1xe tno9sa2d 1a,a dollars and less than fifty
and less than seventy-five thousand dol
lars, fifty dollars: those having a cap
ital Of seventy:flve thousand dollars and
Less than Sa1,. one hundred % thousand dollars
! one hundred thousand dollars and less
than one hundred and fifty thousand dol
lars, seventy-five dollars; those having
sand dollars and less than two hundred
those having. a capital. Of two hundred
hundred thousand ID. dollars one hundred
dollars: those having q capital Of three
hundred thousand dollars and less than
four hundred thousand dollars. one hun
capital Of four hundred Thousand dol
lars and less than nve hundred thou
sand dollars. one hundred and thirty dol
lars: those having q capital Of flve hun
| hundred thousand dollars. one hundred
and forty dollars: those having a capital
Of six hundred thousand dollars and less
than seven hundred and fifty thousand
those having a Capital or of seven hundred
and fifty thousand dollars and less than
one million dollars, two hundred dollars:
| those having capital Of one million Or
more. two hundred and twenty-five dol
lars.
All trust companies 50 organised shall
50 pay the following sums:
Those having q paid-up capital Of ono
two hundred thousand dollars, eighty -tlve
dollars; those having q paid-up capital Of
two hundred thousand dollars and less
than three hundred thousand dolls.s. one
capital Of three d hundred i' Thousand peidp do1p
lars and less than hve hundred thousand
dollars, one hundred and forty dollars:
and II hve hundred thousand dollars or
more, ono hundred and seventy-flve dol
larH.
All general building and loan associa-
tons shall 80 pay for the first one hun
dred thousand dollars Of their assets. or
s Paf vs ssoS.anS Sss sc
lars ten dollars for each one hundred
thousand dollars or fractional part there
Of. and for the excess Of over six hun
each one hundred thousand dollars or
fractional part thereof All local build
ing and loan associations shall 50 pay
fee Of ten dollars.
laws Of this state shah 90 pay the fol-
lowing fees: Those having assets Of