AUTOMOBILES-See "Public Service Commission," sub- B BANKS AND TRUST COMPANIES: Acts inconsistent repealed-limitation.... Amendment of charter-changes in capital stock.. BANKS- Annual meetings Articles of incorporation—contents-execution. } Capital stock Certificate of Commissioner.. Definition of "Banking Institution". Directors Doing business, certificate of Commissioner.. May issue circulation upon removal of Fed- Execution of articles in triplicate.. Formation of bank.... Officers, election and tenure of office. Powers- Generally May have a saving department. eral tax May organize as national banks... ====== May, when authorized to dissolve, reorganize 11 28 20 Use of name "Bank" regulated.. BANK COMMISSIONER- Appointment Appointment of clerks. 11 28 20 11 24 18 11 75 42 11 11 Duty to ascertain whether requisite capital stock No personal dealings with or loans from any Not to examine institution in which interested.. Powers- Administer oaths Appoint clerks Appoint Deputy Commissioner. Examine banking institutions at various times == 11 11 11 14 14 11 18 15 11 16 14 11 15 14 11 4 10 11 8 11 11 822 11 11 11 12 13 12 13 Bank Commissioner-Powers-Continued. Examine records of all banking institutions. Seize institution with Governor's approval, Summon officers and employees of banking Report of Reports to See sub-title, "General Regulations." Take possession of assets and property of bank- Charter-No renewal, except upon condition of stock- ....Const. Charters not organized by January, 1914, repealed... Circulation of false reports maliciously done against Consolidation DEPOSITS- By parties in trust for another, right of with- 11 By parties under disability, right of withdrawal. 11 11 Penalty for accepting when institution insolvent. Deputy Bank Commissioner.... Directors, penalty for violating Act... False statements or entries-penalty. FFEE 11 11 11 11 11 13 11 62A 38 11 11 11 35 34 34 33 May do so upon requisite vote and notice.... 11 Dividends, regulation of their declaration..... 11 67-8 40 3 33 Liquidation-See sub-title herein of "Dissolution." Real estate may be held under conditions. Failure to keep reserves.... Required, except as to savings banks with- Seizure by Commissioner for failure to comply Stockholde s- Liability upon decrease of capital..... Voting Liquidation-See sub-topic, "General Regulations- Loans-See sub-topic, "General Regulations." Proxy, voting by permitted. Real estate, power to hold. Reserves-See sub-topic, "General Regulations." SAVINGS INSTITUTIONS- Amortization of investments... Annual meetings to be provided for. Applicability of Act... Capital, none Certificate of incorporation, when to be filed. Restrictions as to use of words "Savings Banks". 11 Solvency-Penalty for maliciously circulating false re- 11 STOCK- As personal property. Transfer 11 11 11 35 23 11 11 11 11 33 14 34-5 14 34-5 14 34-5 91 462 See also "Uniform Stock Transfer Provisions" STOCK HOLDERS- See also "Uniform Stock Transfer Provisions," and sub-topic, "Stockholders." Double liability Liability in general... ....Const 11 69 40 40 Transfer of stock-See sub-topic, "Stock." Voting, oath if demanded-pledged stock........ Oath, none required when appointed executor, etc. 11 April 8, 1910, saved...... 11 Violation of provisions-penalty. 11 Voting See sub-topic, "Stockholders." ***** ** 26 26 28 *** 7 **g** ** ***** ***** ** BENEVOLENT CORPORATIONS-See "Charitable Cor- BONDS: Cost of bond as part of court costs... 24 10 413 BRIDGE COMPANIES-See "Corporations." Acquisition of property..... BRIDGES- Out of repair, proceedings to enforce same.... Evidence of rates... Powers- Authority to charge tolls...... Authority to erect bridges obtained from County RATES- Fixed by County Commissioners.. Fixed by Governor.... Readjustment of rates. Reports to County Commissioners upon completion of bridge Warrant from Governor to charge tolls, when to be- gin ..... .... BUILDING AND HOMESTEAD ASSOCIATIONS-See Advances to members, conditions, payments, security, Merger by incorporation under this Article of prior POWERS- { Of such corporations to exercise powers of build- Specifically set forth in certificate..... Shareholders- Right of to pay off loan. Regulations as to-holding of fines-payments 23 140 140 23 141 141 TAXATION- Exemption from Of shares partly exempted.. Transfer on merger of associations. Witnesses, members compelled to testify as such.... 23 138 140 81 211 508 23 141 141 23 139 140 |