404 ARTICLE 11

to the jurisdiction of the Bank Commissioner, or shall engage or be inter-
ested in the sale of securities or in the negotiation of loans for others, to
or with any banking institution under penalty of forfeiture of his office or
employment.

An. Code, 1924, sec. 16. 1912, sec. 16. 1910, ch. 219, sec. 16 (p. 10). 1912, ch. 194.
1914, ch. 805, sec. 16. 1920, ch. 268, sec. 16. 1935, ch. 493.

25. The examination of banking institutions by the Bank Commis-
sioner shall be paid for by such institutions at the following rate for
the semi-annual examination: A charge of Thirty-Five Dollars ($35.00)
for each examination shall be made in all cases, to which shall be added,
after first deducting the sum of Twenty-Five Thousand Dollars ($25,-
000.00) from the total assets of the institution so examined, three cents
(3c) per thousand of such remaining total assets the institution ex-
amined may have. When it becomes necessary for the Bank Commis-
sioner to extend his examination beyond the principal office or building,
he shall be paid in addition 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 $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, 1924, sec. 18. 1912, sec. 18. 1910, ch. 219, sec. 18 (p. 10).

26. 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, 1924, sec. 19. 1912, sec. 19. 1910, ch. 219, sec. 19 (p. 10).

27. The Bank Commissioners 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.

Banking Board.

An. Code, 1924, sec. 19A. 1935, ch. 489. 1939, ch. 305.

28. There is hereby created and established a Banking Board which
shall consist of three members to be appointed by the Governor/ One
member of said Board shall be a representative of the Baltimore Clearing
House, one a representative of the Associated Mutual Savings Banks of
Baltimore and one a representative of the Maryland State Bankers' Asso-
ciation. Each of these organizations shall submit the names of three men
qualified for the responsibility imposed upon them by this section and the
Governor shall select one name from each of said lists to serve on said
Board.