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Session Laws, 1912
Volume 370, Page 384   View pdf image
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384 LAWS OF MARYLAND. [Ch. 194]

lars. The Bank Commissioner shall collect the amounts named
from the institution examined and pay the same to the State
Treasurer, and he shall draw, on proper orders, from the State
Treasury the amounts necessary for the salaries and other
expenses of his office.

35. The treasurer of every savings institution without cap-
ital stock shall annually within twenty days after the last of
December make a report to the Bank Commissioner showing
accurately the condition thereof at the close of business on
the said last day of December. The report shall specify the
following particulars, viz: The name of institution, number of
depositors, amount of deposits, amount of guarantee funds,
undivided surplus and other liabilities, if any; an itemized
list of all stocks and bonds owned, giving the par value, book
value and market value of each; the amount loaned upon pledge
of securities of whatever kind, designating each particular loan
with a statement of the securities pledged therefor and the esti-
mated market value thereof; the amount loaned upon mort-
gage on real estate, the amount of each mortgage, the location
of the mortgaged premises and the estimated value thereof;
the amount invested in real estate and ground rents, the location
of each ground rent and each piece of real estate owned and
the book and estimated market value thereof; the amount of
cash on hand or on deposit with the name of each depository;
amount of deposits received during the year, amount of inter-
est and other items received; amount of deposits paid out,
expenses, taxes and other items paid, and premiums and other
items charged off; number of accounts opened and closed during
the year, and amount of interest credited to depositors. In
addition to this detailed report as of the last day of Decem-
ber, the treasurer of every savings institution without capital-
stock shall annually within twenty days after the last day of
June make an abbreviated report to the Bank Commissioner,
showing accurately the condition thereof at the close of busi-
ness on the said last day of June, specifying such of the fore-
going particulars as may be prescribed by the Bank Commis-
sioner, who shall furnish the blanks for each class of report.
These statements shall be certified and sworn to by the treas-
urer before a notary public; and any corporate officer making
oath to false statements in such report shall be deemed guilty
of perjury, and upon conviction shall be subject to the penal-
ties provided by law for that offense. The president of the
savings institution shall certify as to the correctness thereof and
whether in his judgment the loans on mortgages or collateral
are properly secured.

 

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Session Laws, 1912
Volume 370, Page 384   View pdf image
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