324 ARTICLE 11.

assets, and one-half cent (%c) per thousand from twenty-five million dol-
lars to whatever amount of such assets the institution examined may have.
When it becomes necessary for the Bank Commissioner to extend his ex-
amination beyond the principal office or building, he shall be paid in addi-
tion therefor in each case fees at the above rates, except in such cases where
further examination is made in the same town or city, when he shall be paid
a per diem fee of not more than $15. 00; when such institutions require a
special or unusual examination by the Bank Commissioner, he may be paid
a per diem fee of not more than $20. 00; he may also be paid a fee of $5. 00
where it is necessary for him to count securities beyond the principal office
or building. 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.

An. Code, sec. 17. 1910, ch. 219, sec. 17 (p. 10). 1914, ch. 805, sec. 17.

17. The amount of five thousand dollars per annum, or as much thereof
as may be necessary, is hereby appropriated out of the State Treasury from
any funds available, toward the salaries and expenses, including traveling
expenses, of the Bank Commissioner's office, if the amounts collected from
the several banking institutions should not be sufficient for the said salaries
and expenses.

An. Code, sec. 18. 1910, ch. 219, sec. 18 (p. 10).

18. Whenever any certified copy or copies of any records or papers
filed in the office of the Bank Commissioner shall be lawfully required to
be furnished by him, the Bank Commissioner shall be entitled to a fee of
ten cents for each folio for making such copy or copies, and fifty cents for
each certificate. All such fees are to be paid by the Bank Commissioner into
the State Treasury.

An. Code, sec. 19. 1910, ch. 219, sec. 19 (p. 10).

19. The Bank Commissioner shall make an annual report to the Gov-
ernor, covering the operations of his office, and suggesting such amend-
ments to this Article as in his judgment may be desirable, on the tenth day
of February in every year.

Banks.

An. Code, sec. 20. 1910, ch. 219, sec. 20 (p. 10). 1920, ch. 268, sec. 20. 1924, ch. 266, sec. 20.

20. Any number of persons, not less than five, citizens of the United
States and a majority of them citizens of this State, may associate to estab-
lish a bank under this Article upon the terms and conditions and subject
to the liabilities prescribed herein. The capital stock for any bank shall
not be less than twenty-five thousand dollars in towns or villages having
less than fifteen hundred inhabitants, and shall not be less than thirty-five
thousand dollars in towns, villages or cities having more than fifteen hun-
dred and less than thirty-five hundred inhabitants, and shall not be less
than forty thousand dollars in towns or cities having more than thirty-five