The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to C. Capital stock of bank to be not less than $50,000, 5. safe deposit company to be not less than $25,000, 53. may be increased, 10, 38. only one class allowed, 5, 29, 53. par value of shares of, to be $100, 5, 29, 53. total amount authorized to be subscribed, 5, 6, 29, 53. Cashier to give bond, 18. appointment of, 12. must be paid in cash, 5, 29, 53. to sign certificate of payment of capital stock, 5. to sign contracts, 17. loans to, regulated, 13. overdraft by, prohibited, 14. penalty for, 14. to verify reports, 14. Certificate of authority to be issued by commissioner of banking and insur- ance, 7, 32. to be published, 8, 32. incorporation, 6, 30, 54. payment of capital stock to be filed before commencing busi- Circulating notes, issue of, prohibited, 21. Commissioner of banking and insurance, appointment of, 1. fees, to be paid to, 24, 49, 57. may direct discontinuance of un- may examine officers, etc., under oath, 19, 45. may maintain action to collect fees, 25, 49. may proceed against unsafe banks to approve certificate of incor- to inspect banks and trust com- panies, 19, 45. to issue certificate of authority, 7,32. ture, 25, 49. The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to Commissioners appointed by court of chancery to examine corporations, 22. Creditors, rights of, not to be impaired by change of charter, 10, 11, 39. may apply for appointment of receiver, 23, 47. Committee, examining, to be appointed by directors, 13, 41. executive, to pass on applications for loans by officers, 13, 41. D. Debts, bad, to be deducted before declaring dividends, 12, 40. Deposit of securities to be made by trust company before appointment as not required when security is given, as required of Deposits of minors, 16, 44. Deputy Commissioner of banking and insurance, 2. Directors, affairs of corporation to be conducted by, 11, 39, 56. examining committee of, 13, 41. executive committee of, 11, 39. increase of board of, 12. liability of, on defalcation of cashier not under bond, 19. loans to, regulations as to, 13, 41. majority of, to be residents of state, 11, 56. making false statements, etc., guilty of high misdemeanor, 15, 43. may designate officers to sign contracts, 17. must each hold not less than five unpledged shares, 12, 40. not to be elected for longer period than one year, 6, 30, 56. to attest reports, 14, 42. to be not less than five in number, 11, 39, 56. to require cashiers to give bonds, 18. vacancies in board of, 12. Dividends, directors may declare, 12, 40. Definitions: to be declared only out of surplus profits, 12, 40. by trust companies forbidden, 36. certain, not considered money loaned, 17. Dissolution for failure to obtain certificate of authority, 7, 31. voluntary, 25, 50. The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to E. Elections of directors and officers to be held annually, 11, 40. one vote for each share at, 11, 40, 56. Examination by commissioner of banking and insurance, 19, 45. refusal to submit to, proceedings upon, 20, 46. Evidence, certified copy of certificate of incorporation, 7, 31, 55. Existence of corporation begins on filing certificate, 7, 31. Fidelity, trust company may insure, of officers, etc., 35. G. Guarantee, trust company may, titles to land, 35. I. Incorporation, certificate of, authentication and record of, 6, 30, 55. amendments of, 10, 38. filing of, 6, 30, 54. what to contain, 6, 30, 55. Insolvency, proceedings upon, 23, 47. Interest, bank may deduct, in advance, 16. charge lawful rate of interest, 16. Investments made not to be affected by revision, 27, 51. L. Loans, limitations as to amount of, 16. new, not to be made, when reserve impaired, 18, 44. to officers, etc., 13, 41. The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to M. Meetings of stockholders to be held annually, 11, 39. notice of to be published, 11, 40. Minors, trust company may act as guardian of, 34. N. Name of corporation to contain certain words, 5, 29, 53. not to be that of existing corporation, 5, 29, 53. Notice of annual meetings to be published, 11, 40. O. Oath, when trust company appointed trustee, president, cashier or treasurer, president, secretary or trust officer, to make statement under, as to Overdrafts, by officers, etc., prohibited, 14, 42. P. Penalty for overdrafts by officers, 14, 42. unauthorized loans, 14, 42. failure to make reports, 15, 43. false statements, etc., 15, 43. failure to require sufficient bond of cashier, 19. Powers; see Banks; Trust company; Safe deposit company. notice of annual meetings, 11, 40. reports, 14, 42. Proxy, absent stockholders may vote by, 11, 40, 56. President, appointment of, 12, 40. loans to, 13, 41. making illegal loans to officers guilty of misdemeanor, 14, 42. must be director, 12, 40. term of office, 12, 40. to cause list of stockholders to be kept, 39. to sign contracts, 17. The references are to pages. Pages 5-28 relate to the banking law, pp. 29-52 to Real estate, powers to hold, 9, 33. R. Receivers, application for appointment of, 23, 47. powers of, 23, 48. Rent of safe deposit box or vault, remedy for non-payment, 56. Reports by commissioner of banking and insurance to legislature, 25, 49. penalty for failure to make, 15, 43. making false, 15, 43. commissioner may call for special, 14, 42. Reserve must be kept, 17, 44. depleted, must be restored, 18, 44. S. Safe Deposit Company, formation of, 53. certificate of incorporation of, 54. five or more citizens of state may form, 53. majority of directors of, to be residents of state, 56. not to loan money, 55. create more than one class of stock, 53. powers of, 55. proceedings by, on non-payment of rent of safe, 56. paid in in cash, 53. Security, when to be given by trust company acting as assignee, etc., 37. corporation not to loan on or purchase its, 15, 43. Stock; see Capital Stock. Stockholders, list of to be filed, 11, 39. Surplus fund must be created aud maintained, 12, 41. T. Taxation of bank stock, 26. trust companies, 50. Titles, trust company may guarantee, 35. "Trust Company," definition of, 51. Trust Company, formation of, 29. capital stock of, to be not less than $100,000, 29. Bor M |