ART. 26.] CORPORATIONS.
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150. All questions of difference that may arise be-
tween any two corporations incorporated under this
article, or between any corporation and a citizen in
regard to locating, constructing or working its rail-
road or railroads, or in respect to the charges of trans-
portation thereon, may be submitted to, and decided
by the board of public works, and the decision of the
said board shall be final in all cases submitted to them.
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Disputes to be
decided by
board of public
works
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151. Nothing contained in this article shall be con-
strued to interfere with any lien law now in force or
that may hereafter be enacted.
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Lien law.
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SAVING INSTITUTIONS.
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152. Any saving institution incorporated under this
article shall be capable of receiving from any person or
persons, or bodies corporate or politic, any deposit of
money which shall be invested or loaned out on good
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Deposits.
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security in the discretion of the directors; provided, no
part of the funds of said corporation shall be loaned to
any officer or director of such corporation.
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Proviso.
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153. It shall be the duty of the directors of such
corporation to appoint at least once in every twelve
months, five competent members of said corporation as
a committee of examination, whose duty it shall be to
investigate the affairs of said corporation, and to make
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Committee of
examination.
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and publish a report of such investigations in one or
more newspapers published in the county or city in
which such institution is situate; and it shall be the
duty of the directors, at least once in every six months
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Report to be
published.
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in each and every year, to make and declare such divi-
dends of the interest and profits of said institution, as
will not impair the deposits thereof, or otherwise injure
or effect the interest or credit of said institution, and
the same to pay over unto the depositors or their legal
representatives within ten days thereafter, if called
upon so to do.
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Dividends.
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154. The concerns of any institution under this
article, shall at all times be subject to the inspection of
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Inspection by
state treasurer.
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