Ripley County democrat. (Doniphan, Mo.) 1905-1920, 1909-02-26
With a capital Of S15o,ooO and
not exceeding $3.50, 600, $4,000;

| "AeN SofAboA VI O1O0,OVO anu
not exceeding. $3.50, 900, 5000;
banks with capital of more
than $3.50, ,0oe and not exceeding
$500, 900, $4,000; banks with a
capital of more than $500, 900 and
not exceeding 81, 900, 900, $50;
banks with capital Of more than
81, 200, 600 and not exceeding So.
0OO,0 900, $500; banks with a capt.
tai of more than $4,000, 900 and
not exceeding S4,000,OOO, $500;
banks with a capital exceeding
81, 900, 900, S400. Surplus shall
be reckoned in estimating these
fees the same as capital stock,
the aggregate sum collected from
the banks, private bankers, saw
ing and safe deposit companies
being reckoned upon a basis suf-
ficient to cover the entire exc
pense Of the department of bank.
ing including salaries of officers
and employees, travelling expen-
ses Of the bank commissioner,
his deputy and examiners, and
the preparation Of the report
made necessary by this act. The
sum collected from banks, private
bankers, savings and safe depos-
it companies and trust companies
for the purposes of this act shall
be paid directly into the state
treasury by the bank commits
sioner and credited to the state
banking department fund, which
is hereby created. All payments
for salary to the bank commits
sloner, deputy commissioner, ex-
amlners and employees and for
other expenses under this act,
shall be made under the certifi-
cate of the bank commissioner,
by warrant of the state auditor
upon the state treasurer. The
result CT each examination of q
bank shall be certified by the ex-
aminer upon the records Of the
corporation or private bank ex-
amined, and the result of all ex-
aminations during the previous
year shall be embodied in a re-
port to be made by the bank
commissioner to the legislature.
That said article % shall be fur.
ther amended by adding the fol-
lowing new sections:
i Sec. %. A state banking
board is hereby created, to be
composed of the governor, state
bank commissioner, state auditor
secretary of state, state treasurer
and the attorney general.
| Sec. "a. Within sixty days
after the passage and approval
of this act the state bank board
shall levy against the capita
stock an assessment of ia of
per cent Of the banks daily av-
erage deposits, provided, how.
ever, that in making this levy
the assessment the state bank
board ehall not take into account
the depesit of state fund, county
funds, city funds, or village
funds which are properly eecur'
} ed to said state, county, city and
village for the preceding year,
nor shall said state bank board
lin making said levy and assess
ment, take into account the pri.
vate funds of any person or cor.
Iporation which shall be deposited
in any bank in this state, upor
which said private funds sale
person or corporation by con-
} tract with such bank is receiving
interest, said account usually
known as and called time depos'
Its, said assessment and lev,
shall be made against the capita
! stock Of every bank organizes
} and existing under and by vir'
tue OF the laws OF this state TO
the purpose Of creating : deposi
} tors guaranty fund d'shail be col
'IIlected upon the cali Of the stat
! banking board.
sec. Is. In one year from th