Rooms 409-411 Union Trust Bldg., Baltimore.

Name. Postoffice.
Bank Commissioner:

J. Dukes Downes........................................ Denton
Deputy Commissioner:

George W. Page. .................................... .Baltimore
Chief Clerk and Examiner:

John J. Ghingher. ................................... .Baltimore
Clerk and Examiner:

Wm. Reed Seal. ..................................... .Baltimore
Clerk and Examiner:

Charles L. Hobbs. ................................... Baltimore
Stenographer:
Herbert F. Griffin, Jr............................... .Raspeburg

Appointed by the Board of Public Works for a term of two years
from date of his commission. (Ch. 219, 1910.)

The Bank Commissioner under the law has general supervision over
all banking institutions in the State (other than National Banks). He
is required to visit and examine, either in person or by deputy, each
institution at least once a year, and at such other times as he may deem
expedient; and at any time upon the request of the directors of the
institution. Whenever the capital stock of an institution is reduced by
impairment, and such impairment is not made good as prescribed by the
law, or whenever it is found that an institution is being conducted in an
unsafe manner, the Bank Commissioner may take possession, as pro-
vided by law, and retain possession until it resumes business or is finally
liquidated.

In case of the failure of such an institution the Bank Commissioner
acts as receiver, and liquidates its assets and winds up its affairs under the
jurisdiction of the Court.

Every bank and trust company is required to submit to the Bank
Commissoner, under oath, at least five reports in each calendar year; web
reports to exhibit in detail the resources and liabilities of the institution,
and show its true condition. These reports are to be published in the
local newspapers. All mutual savings institutions are required to report
their condition to the Bank Commissioner on June 30th and December
31st of each year.

It is the duty of the Bank Commissioner to examine and audit each
report received from the institutions under his supervision, and when
necessary, to verify them, and at the same time to correct any irregulari-
ties that may be disclosed or make any recommendations that may seem
advisable.

It is part of the duty of the Bank Commissioner to supervise the
formation of new banking institutions; to see that all requirements of
the law have been complied with, and to issue his certificate authorizing
them to commence business.

It is the further duty of the Bank Commissioner to pass upon all
amendments to charters, and all consolidations and voluntary liquidations.
On the tenth of February in each year the Bank Commissioner is required
to make a report to the Governor, covering the operations of his office.