Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1916-10-21

bank shall be liable in addition to the
assessment or interest so due, to PEN
atty in an amount equal to such assess
ment, or interest or such amount so call
ed, which penalty shall be RENTED by
draft TO the treasurer of the State Bank
ing Board and notice of such remittance
shall be forwarded by such bank to the
public examiner. Whenever any bank
shall be in arrears for a period OF ten
days such bank shall be notified by the
public examiner to make good sucn
arrearage and penalty and II such bank
shall fail or refuse so to do for a period
of ten days thereafter, the public exam
iner shall Immediately proceed TO make
an examination of the affairs OF such bank
and IL he shall find it to be insolvent he
shall take possession of its books, accounts
and assets and wind MP its affairs in the
manner prescribed by law. If the public
examiner shall upon due examination,
find said bank to be solvent and honestly
managed. and the said bank shall still re-
fuse tc pay such assessment, or TO remit in
response to such call. or 10 remit such IN
terest and the penalty provided for by
this Section, he shall bring an action
against the said bank for the recovery
thereof I'm the name Of the State of South
Dakota for the benefit of the Depositors'
Guaranty Fund, and such action shall be
prosecuted by the attorney general. pro-
vded, that the remedies herein prescribed
shall be in addition TO such as are else
where provided In this Act for delinquency
of bank Officials
See 2S Unappropriated Assessments
fNel luhueu- w HSh' - - any Jan " 6liiIAS1
any assessment or assessments to the De-
positors Guaranty Fund, shah liqudate
and go out of business, or shall desire 20
organize as a national bank and with
draw from the protection Of the De-
positors' Guaranty Fund for its deposstors,
III 70 '.0ti III II ~ kI ,,ot 49, 49,, - ,o IA
TO depositors OF failed banks, under the
~, - Hi9ioil9 yI, - sll - ,h Ibari, a.,
So st ~ piui Ttuiiuru Poj - TrC,,,lcd +b3t
no s1eb hank sh9Il be released from It's
3pi1sa tlqh 70 , We ,,,.,lo
nrora tjnT ~ ai n,,teteo,linl, ,e,.tifir9te
~ ipdptta7oess iee13ad ~ fba danosff1rs
~ rsifaI ba,Eg nn,jer tba nro,sisisns of
! mis- tef rnr 5ntiI # shan have received
1,a,3,isy{,, ~ IN eit5,r en "a 3n from tbe
nn1tiil c,.a1,,t,a,. ~ tilis stata aftrr an ex-
,,li.., 49, ~. ,.,ii+ta,,
~ ~ 49, t4 ~ r,,,,.,.ft :
Tfnsii,.i p,,',1t, r,t-et.y banl- enbiact IL
- ngr,iaio5g ~ tbtg ~ snail Se,o "a
corrprt record ~ tba intcreet rafe and
-er-,Nr ~ deTosite U,,Gn ,t5bjeh n I9q
so~e7 ~ ,1a1. tlroet 9ra sbau eT.iT,cit
tba sSf1 ra~1rd for esarrir,a tfon hy ths
nI,blis e,arriper mn, de1,anS No' e,,,ib
barlt el,.W nav ar aaran ~ nav y bigbar
rete r. iuteroSt for deroeits of any ds
acrfptiSp nor to aIlo,y interest on time
certificates for q shorter period than he
1,riforr5 among a mn ioritv Of other hanks
,brc.,elo,,t +l19 soy1, .0,it,t,, IN which et1nb
~, SilaIi he ioeat@d Snv banE ar bayly
~, onrnara tion nro,-en oyriitv af a yioIo
Inn NJ n a m
natan+ ;,Irisdjction ebau be finad In a st,r,
~ iass - tb9n s990 az ~, more tban S560 co
ga e,rcb fi,a sbsn ba co,,erc5i into tba
p+o,ttr, ~, t,tt, pS,nS for tba berefit
- az d5,,Sdi..e faiId ho,,rs ,rbe
oi,ft ~ IpJi Wpo9r.O I'm ,,1oIo .nraf,,i a.
p.i,, oidti &c a,,,t harl, ~ yioIat
~ 49, - ii e,aSV, ilrm t S,ioo ond n
ne ~, : Va 80 80 fSito,'t a,,j
5 ia ~ -, - ~ ,t,t,It ~ ~ octjnn 90. irst
usCS, lic slail ~ gu . ? -,
any suCll ual5 ~ tiie @ ~ - blI
ilcI W SlIl ~ 10. Iiu 7Cl . -, i Hf
@ @pe pIeseCuteu Ny the a''oiHeS seiei'" VI
uig s"'S. v,.,.4t ,,, ~, %
Ct9, - ~, tei - ,o5S raii
@0lISi @ Gu Gu! ne Hl9te baINIns Do1t '+ ~
~ ~, e poMyt 10 ollef "nl h"S 7 "a " ,,b ~,
Dci9aiIoIs 'uti ~ 10y 10y = s.' Illu' , o.Lu i
conc! llonS ~ MAY uesiis 90 ~ a. ~, 81,
not not - eAGeea le SUI oI rsoU'o t II - 81, ",1S
oHe cise' rewards loI NY ~ e9l 49, t NJ, ~
ElCtloH ol any o!llCSI' 49, NJ t.I i, %
suPlogte ~ N any oaN sidi 4i - - ,o t;
tlHS aiE oI Wy ~ w VI .iIiS it Ie.S e,.ir3 i3
70 ,'dhhs anu oaLlniIs lol "Hlo" a VIM
lHal penatE ~ proVlueu' -, ,,,.,,
Sc. - I.@.I ealISe 70 ~ ~
Iehaitles any any ba4k oitIcldi oI oS"ci -.
peIs9h stlli ldli OF lclusS lot q q peilol p,, ~ ~
yen GAYS 10 pctloIIiI any uuny It9uiIeu I59,fuI ~
nun - pe peII0Tlheu, or sldil, MhIunl al!u ~!
Kh1WinSy perform any ,uulE rQt rSQulI 81 "
pe hN hlm performed unuer IRE " -, ~ IaIolis m
OF t4ls Act IN any olhef manner tuah az
hefela dlrecteo. IN ever suCh case' .oi