Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1913-08-22

the condition of every bank from which
reports have been received, with an alb
stract of the whole amount of capital re-
turned by them, the whole amount OF
their liabilities the total amount Of re-
sources, and specifying the amount Of
lawful money held by banks at the time
OF their several returns, and shall give
tabulated statement Of the resources
and liabilities of each bank. and such
other information as in his Judgment may
be required. Such report shall also con-
tain a statement Of the banks whose bust
ness has been closed during the year, the
amount Of their resources and Liabilities,
the amount paid to the creditors thereof
also a statement of any banks organized
during the year; and the names
of the directors and officers of each bank.
He shall also report the names and COM
pensation of the clerks employed by him.
and the whole amount Of the expense OF
the banking department during the year
preceding.
Section 10. Subsection 20 of section
ITO, subsections and OF section 20l6
pealed.
Section IL Subsection 2 of section 17om
of the statutes is remembered to be sub
division % of subsection 20 Of section ITO
Of the statutes.
Section IL. There is added to section
ITO of the statutes new subdivision OF
subsection 20 to be numbered and to
read (Section 100 20. CD Other en-
ployes and assistants in the department OF
commissioner of banking, shall receive
such salary or compensation as shall be
fixed by the commissioner. The commits
sioner, deputy commissioner and other
employees and assistants in the depart
ment shall receive actual and necessary
travelling expenses incurred in the dis
charge of their official duties. Salaries
and expenses under this subsection shall
be charged to the proper appropriation for
the banking department.
BAR EXAMINERS.
Section 10. Subdivision CO. of section
1886 of the statutes is amended to read:
(Section 25S6) CO. The supreme court
shall on or before the second tuesday In
August in the year 1903. appoint, i've
competent resident attorneys, VINO snail
constitute board Of bar examiners
One of such persons shall be appointed
for one year. one for two years, one for
three years. one for four years and one
for five years The supreme court shall
on or before the second tuesday in Aug
uSt in each year, after 1903, appoint one
member of said board, who shall hold his
office for five years and said court may
at any time fill such vacancies as may
occur in said board. Three members OF
said board shall constitute quorum. The
supreme court shall, from time to time
make and adopt such rules and regula-
tons relating to the qualifications OF APP
plicants for examination, the course or
study to be pursued by such applicants
and the standard of requirements or Sucn
applicants to entitle them to admission
to practice in the courts of this state and
such other rules and regulations relating
to the examination of applicants for ad-
mission to the bar as such court may deem
necessary Or desirable. The period OF
study necessary to enable the applicant 70
take the examination shall be at least
three years. The board of examiners may
adopt such rules, regulations and forms
relating to holding and conducting its
meetings and its procedure as 1t may deem
necessary. The board shall examine each
question presented to each applicant on
his written examination and his answer
thereto and mark thereon the percentage
to which such applicant Is entitled by his
answer, and within thirty days after such
examination, return such questions and
answers, with his percentage thereon,
to such applicant The board shall also
within the time aforesaid, send to such
applicant a detailed statement clearly
stating the percentage to which such ap-
plicant is entitled upon each answer Of
his oral examination.
Section IA. There is added to section
ITO of the statutes new subsection TO
be numbered and to read: (Sectfon 100
49, Each member of the board of bar eX-
aminers shall receive compensation, to be
fixed by the supreme court, not exceeding
ten dollars per day. for time necessarily
consumed in preparing questions, going
to, holding, and returning from exam1na-
tons; and shall be reimbursed for his
actual and necessary expenses incurred in
the discharge of his duties, including the
actual cost Of such question books as the
board shall deem necessary for the con-
duct Of it's examinations. Such compen-
sation and expenses shall be charged to
the appropriation for the board of bar
examiners
BOARD OF CONTROL.
Section Is. Subsections 1 and of Sec
ton 561a, subsection l of section 561dn,
of section 1421-4, sections 4734c, 4734i
subsections 1 and of section 1890 and
section 4918-14 of the statutes are
amended to read:
(Section 561a) 7. The governor by and
with the advice and consent of the SEN
ate, shall appoint five persons, one Of
whom shall be woman, no two of whom
shall at the time of their appointment be
residents of the same congressional dis
trict and not all of whom at such time
shall belong to the same political party
members of said board, one of whom he
shall designate as president Of said board
One member shall be appointed whose
term of office shall expire on the first
Monday in April, 1910, another whose
term shall expire on the first Monday in
April, 1911, another whose term shall ex-
pire on the first Monday in April, 1912,
another whose term shall expire on the
first Monday in April 1913, and another
whose term shall expire on the first Mon
day IN ApTll, 1914. AL the expiration
these terms of office members shall be
appointed for the term of five years. APP
pointments to fill vacancies shall be for
the unexpired term.
(section 561a) 8. Each member of said
board shall devote his entire
time to the duties of his office. and the
president of the board shall reside in the
city of Madison
(Section 561dnJ l. The state board of
control shall cause all of the financial
transactions and accounts Of or relating
to the several institutions under their
supervision, at the close of each biennial
period, to be thoroughly examined by an
audit company of recognized business
standing and reliability, such audit COM
pany to be appointed by the governor
and in no way connected with the board
or any of it's activities. The cost Of such
audit shall be charged to the general
appropriation for the state board of con-
troll.
Section 562a Whenever the governor
shall deem it expedient to have an inves-
tigatiOn made of any charitable, reforma-
tory or penal institutions of the state or
of any matter connected herewith, or
of any other state institution, or en-
ploye in any of said institutions, he may
appoint suitable person, male or female,
in his discretion to make such tnvestiga-
ton and shall require written report
thereof Such person shall receive COM
pensation or six dollars and fifty cents
per day for each day actually and neces-