Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1916-11-01
on, M ..apic examiners c-ontipx.n,

, special 0Xln1ln-
ers, and clerks salaries must first he
approved by the public examiner.
x. An n aGeHai and necessary expenses of
examiners. special examiners, or clerks
incurred In the discharge of their duties.
shall be paid by the state and shall be
July ntsmlzcd upon proper ouchers and
tne state auditor shall issue his warrant
ana tne State Treasurer shall pay the
AMOUNT o. such expenses out of the public
Within fifteen days from the notice
OF their appointment respectively, the
p pm9i,e ea aad snac deputy, attorney, ex-
n subscribe the oath of office pre-
scribed by the constitution, and each shall
give TO the people of the state a surety
so governor e eonditt 10 Dc a appro ySa fS;t, the
oischarge OF the duties of their respective
1 ~ IN the {, lowing sums. to-wit:
Inc 2n 10, exalnfaer, twenty-five thou
twenty-five thousal I dollars; the attorney.
ten thousand dollars; the examiners. ten
thousand dollars; and special examiners.
thereon to be paid out of the public e.
aminer's Contingent Fund. Said oaths vi
Office and bonds to be fllcd with the sec
Sec. 4. seal-Tne Public examiner
the words Pubic Examiner Of South
Dakota a IN the form OF 9 circle. and the
"ASAiit tIC
sec. 3. Powers Conferred on The Pub
nc Examinel.] 1t shall! lie the duty Of
' me publ -, exa,n:ner, and he snail have
examiner he may appoint for that pur-
pose. to examine at leas; twice in each
year, the cash. bill. collateral. securities.
DOCKS of account, condition, and affairs Of
each bank and trust company doing bust
ness IN this state. except national banNs.
and shall ascertain whether such bank
or trust company transacts it's business
Az Inc nIIcp 1aCjDr)3fnd in tho orYlnfaC NJ
Incorporation and whether its business is
law.
For such purposes. he may is.;ue sub
poenas reqHirlng the attendance at such
lime and place as he may designate. of
any witnesses he may deem necessary 10
eucn banks or trust companies; administer
oaths and examine such witnesses under
oath. touching the affairs and business of
sucn institutions: and may require for his
inspection the production OF the original
or copy of all mortgages. collateral
pledges, and cvidance Of the recording or
filing thereof as the case may be. In
issued in accordance with the above pro-
visions, such rcfIsa. shall at once he re-
ported. to the circuit court OF the circuit
III which the institution IS located and
the said court shall! enforce obedience to
such subpoena in the manner provided by
law for enforcing obedience to The sub
two dollars per day and five cents per
mile for each mile actually and necessa-
rily Travelled, shall be paia To each wit
ness and such fee and mileage shall be a
proper charge against the assets of such
institution. PAYABLE thcref:om Immediate
~. upon the ordar of the examiner.
The public examiner STALL examine or
cause to be examined, any hank or trust
ompan when requested 40 20 do by the
board of directors of such bank or trust
company and when AN c~Namination is
made upon such request, in addition to
the regular fee prescribed, such bank or
trust company shall pay all incidental
expenses in connection herewith,
Sec. 6. Fees for !;Namination.l Each
and every pank and trust ompany shall
a a fec in the amount OF one onc-hun-
dredth part Of one per cent. OF the gross
amount of the assets of such bank or
trust for each and every regular
examination. Provided. that the examina-
ton fee OF amy bank or trust compan.
provided further, that If the condition. OF
any bank or trust company Is such, il he
Judgment of the public examiner, ? tc
make more than two examinations ncees-
Sary or advisable iii any one year, then the
expense in connection with such spccial
examination shall also be paid by such
bank or trust company in addition 20 the
regular fee; and: %pr.ovtded further; that
banks located off u line OF railroad shall
pay for each and every regular examina-
ton, an additional charge OF twenty cents
for each mile such bank or trust COM
pany is distance from the nearest railway
station.
For the examination required to be
may open for business. a fee of twenty
five dollars shall be paid, and in case
such bank or trust company is located of
twenty cents for each mile such bank OF
trust company is distant from the nearest
railway station.
Following. each examination. the public
examiner shall render to the bank OF
trust examined. a bill for sucf
fee, which fee shall be at once paid tc
the puolic examiner who shall issue 9
receipts shall be delivered to the bank
or trust company SO paying the fee. the
duplicate receipt shal be forwarded to
ceipt shall he filed in the office of the
public examiner. If such fee shall not be
paid, The public examiner shall maintain
trust company, and shall be entitled t.
recover interest thereon at the rate OF
ten per cent. per annum from the date Of
such examination.
Sec. z. Record of Fees.] 1t shall be
the duty Of the public examiner to keep g
record of all fees collected by him or his
deputy, together with a record of all eX.
penses incurred in making the examina.
ton Of all banks and trust companies
and at h end of each month pay ovel
to the state treasurer. all fees collected
during the preceding month; and he shall
iile with the state treasurer an itemize(
statement showing from whom collected
Sec. 8; Not to Disclose Information
Inc pup1C e4Hl'IiHSE, HIS Oeputy, AZ
esamincrs in e and every clerk il
his department III be bound by oati
to keep secret ali of the facts and infor-
nation obtained in the course Of sucl
examinations, except SO far as the public
duty of such officer requires him to report
upon or take special action regarding the
affairs of any bank or trust company and
except when called as a witness in any
proceedings in a court of Justice. If an,
sminers. special examiners. examiners ii
charge. Or clerks in such department
shall disclose the name Of any debtor Of