Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1911-08-04

cnarge or the duties of their respect
I've offices. The examiners shall each.
{ IN IN IKE manner, give a bond in the sum
of ten thousand dollars. There shall
be assigned to said commissioner Of
banking. suitable rooms in the state
capltoi Tor conducting the business of
tIonery printing and supplies shall be
furnished to the state banking deDart0
ment upon requisition therefor, in like
manner as other state departments are
now supplied. '"-
Section 2. Section 2O18 of the stat
qtes is amended to read: Section 2O1S.
l.; III shadI be the duty of the commits
sloner of banking, and he shall have
the power by himself, his deDutv or
by any examiner he may appoint for
tiiat purpose to examine at least
colIaterals, securities, assets, books of
account, condition and affairs of each
oahk, trust company bank, and mutual
savings bank doing business in this
purpose ne may examine on oath
anV of the officers, agents
directors, clerks, stockholders. custom
erS or depositors thereof. touchinp tha
affairs and business of such institution,
q. The commissioner of banking
Shail examine, or cause to be exam
ined, any bank when requested by the
board of directors of such bank. The
commissioner of banking shall also as
certain whether such bank transacts
ITS business ;a at the place designated in
SitC dI IIClcS on IncOfpOra ton. and
whether it's business is conducted in
the manner prescribed by law. Such
commissioner of banking may in the
performance of his official duties, is
sue subpoenas and administer oaths;
| provided, that in case of any refusal to
OBEY subpoena issued by him or his
deputy, such refusal shall be at once
renorted to the circuit court of the
circuit in which the bank is located
and said court shall enforce obedience
| 10 Sucn subpoena in the manner pro-
VIded by law for enforcing obedience
to the SubpOenaS of said court.
Section 3. Section 2019 of the stat
QteS IS amended to read: Section 2019.
| l; Every bank doing business under
TINS act shall be required to pay to the
commissioner of banking an annual
examination fee, which shall be for
any bank having total as
sets of less than one hundred thou
sand dollars, twenty dollars; of one
hundred thousand dollars and less
than three hundred thousand dollars,
| thirty-five dollars; of three hundred
thousand dollars and less than five
hundred thousand dollars, fifty dollars
| of five hundred thousand dollars and
less than one million dollars, seventy
tive dollars; and for any bank having
total assets of one million dollars or
more, Seventyfive dollars plus TWEEN
ty-fiVe dollars for each and every ad-
ditiOnal one million dollars of assets
or fraction thereof
2. Provided, that such fee shall be
RENTED by all such banks directly 10
the commissioner Of banking on OF be-
fore the first day of June,
succeeding the approval and publica-
ton of this act, and each and every
year thereafter. If such fee be not
paid upon demand therefor when due,
| the commissioner Of banking shall in
| stitute action in the name of the state
against such delinquent banks for the
recovery of the amount thereof. All
sioner Of banking into the state treas
ury to the credit of the general fund.
and he in force from and aftar IT'S mas
sage and publication.
| Approved May 10, 1911. Copy Law.