The Birmingham age-herald., 1915-03-18

l ley, Fred NJ. Jackson. Walter Sessions, R 1 M. Goodall and l.. B. Musgrove, citizen, Of Alabama in accord with the purpose o, I said resolution, be and they are hereby designated as special commissioners iron ] this state to proceed to Washington, D i, C., without any cost to the state of Ala bama, and present copy of said join 1 resolution to the senators and member, l of the House of Representatives in ths Congress of the United States from Ala
 bama. also to the President of the United States and to the Postmaster General; ant to request the cooperation of all of then In securing the legislation necessary tc protect prohibition territory against liquor advertisements and solicitations oi orders for Intoxicating liquors and bev- erages whereby the public policy of this state may be successfully maintained. Approved February Il, 1915.
 Attest:
 JOHN PURIFOY,
 Secretary of State.
 No 40 AN ACT 0I. 365
 To amend the title and Sections 1, 3, f.
 B. 6, 9, Ii, 10, 20, 2l. g, 9, 26, 90, 30. 3i
 Sa, 4, 45 and 4G and 10 repeal Sections
 31 and 32 of: An Act entitled "An Act
 to create Banking Department of the
 State of Alabama. and through this de-
 partment to regulate, examine and su-
 pervise banks and banking. and to pun ish certain prohibited acts relating
 thereto approved March g. 1911.
 Be it enacted by the Legislature of
 Alabama, That the title of "An act en-
 titled an Act to create banking depart
 ment for the state of Alabama, and
 through this department to regulate, ex-
 anime and supervise banks" be and the
 same is hereby amended to read as fol-
 lows: An Act to create a banking de-
 partment of the state of Alabama, and
 through this department to regulate, ex-
 anime and supervise banks and banking, to punish certain prohibited acts relating thereto, to provide for the seizure and liquidation of banks, to provide for the levy of an assessment upon state banks for the support of the banking depart ment created hereunder, and to limit the amount of license tax which municipal corporations are permitted to levy upon state banks.
 Section 1. Be it enacted by Che Legisla- ture of Alabama, That Section of an act entitled "An Act to create q banking department of the state of Alabama, and through this department to regulate. ex- anime and supervise banks and banking, and to punish certain prohibited acts re- lating thereto" be and the same is hereby amended to read as follows:
 Section 1. There is hereby created banking department of the state of Alabama charged with the exe- cution of all laws relating to cor porations and individuals doing or carrying on a banking business in the state of Alabama. The word "bank'' as herein used means any person, firm, partnership or corporation doing or car- rying on a banking business. including branch bank, unless used in such con- nection and way as to express different meaning. The chief officer of the bank ing department shall be known as the superintendent of banks, and he shall be appointed by the governor, and his ap- pointment reported by the governor to the senate, and before he is authorized to perform the duties of his office, his ap- pointment must be confirmed by the sen- ate, and his term of office shall expire on the first day of February after the eN- piration of the term of office of the gov ernor making the appointment, or until his successor is appointed and qualified; provided. however, that in the event. for any reason there should be- vacancy in the office while the senate is not in
 session, the governor shall appoint su-
 perintendent of banks and such super
 intendent shall hold office and exercise
 the powers conferred by law upon him
 until the senate meets and passes upon
 the appointment, and if his appointment
 is confirmed by the senate, he shall con tinue in office, and if his appointment is disapproved of by the senate. another appointment must be made by the gover- nor, and in like manner appointments made until appointment is confirmed by the senate. The superintendent of banks shall be a man of good character and familiar with banking transactions, and shall not either directly or indirectly be interested in or carry on business as ar individual banker. The superintendent of banks shall receive an annual salary of
 s36O0 to be paid monthly in the same man. ner as the salaries of the other state
 officers are paid. The superintendent oi banks shall within 15 days from the time of notice of his appointment, if his ap- pointment is made when the senate is not in session, or within 15 days from his ap- pointment and confirmation by the senate take and subscribe the constitutional oath of office, file the same in the office o1 the secretary of state, and execute tc the state a bond in the penalty of $25,0Ot with surety company or companies as surety, who are qualified to do business in the state of Alabama, to be approved by and delivered to and held by the sec retary of state. conditioned for the faith ful discharge of the duties of his office The premium on said bond to be paid by i the state on a warrant drawn by the auditor on the treasurer, payable to said Il perintendent of banks may be removed from office for neglect of duty, malfeas- ance misfea sance, extortion or corrup- tion in office, incompetency or intemper- ance in the use of intoxicating liquors or narcotics to such an extent, Tn vlew l of the dignity of the office and the i'm. portance of its duties, as to unfit him fol | the discharge of such duties, or for any offense involving moral turpitude while | in office, committed under color thereof or connected herewith, in the same manner and way and by the same pro- ceedings as is provided for the re- moval of sheriffs from office. There is | hereby created a banking board con sisting of the superintendent Of banks who shall be ex officio a member oi the board, and two persons who shall | be appointed by the governor, by and with the consent of the senate anc l the superintendent of banks shall Dc chairman of this board. The term oi office of the two appointed menoers | of the board shall expire on the firs' day of February after the expiration | of the term of office of the governor making the appointment Either of tho | two appointed members of said board may be removed from office upon the same grounds and in the same man. ner and way as is provided for the | removal of the superintendent of banks 1 If by reason of death or removal iron office a vacancy shall occur ill saic 1 banking board, the vacancy shall bt filled by appointment of the gover' nor The two appointed members ol said banking board shall be men o1 good character and experience in thu banking business and connected witt some state bank doing business as z bank under the laws of the state oi