14 BANKS. [ART. 11

failed to comply with the provisions thereof, he shall have the
right by his certificate, with the approval of the Governor, to
declare the charter of such association, company or corporation
forfeited, and said certificate shall be conclusive evidence of such
forfeiture, and thereafter he shall appoint, with the assent of the
Governor, a receiver of all the assets of such association, and the
receiver so appointed shall thereupon by his petition submit himself
and his administration of said assets to the jurisdiction of any court
of the county or city where such association, company or corpora-
tion may have its principal office, having chancery jurisdiction,
with the view of converting said assets into cash for distribution,
under the orders of such court, to the persons entitled thereto; or
he may be brought into such court in due course. The receiver
so appointed, before further proceeding upon the discharge of
his duties, shall give bond in such penalty as may be prescribed
by said court, and the proceedings thereafter had in said court
shall conform to the practice of courts of this State having gen-
eral chancery jurisdiction, where a receiver may be appointed by
a decree thereof. If any receiver so appointed by the treasurer,
with the assent of the Governor, shall from any cause fail to file
said petition, or to give the required bond within five days after
the date of his appointment, the treasurer shall thereupon, with
the approval of the Governor, appoint some other person receiver
in the place and stead of the person first appointed, and such person
shall proceed to take charge of and administer the assets of such
association in the same manner as if he had been the receiver first
appointed; and if from any cause any vacancy in the receivership
shall occur after the filing of said petition, and the giving of said
bond, such vacancy shall be filled by a decree of the court wherein
such petition shall have been filed.

1898, ch. 277.

33. No association affected by the provisions of this article
shall be subject to any visitorial powers other than such as are
authorized by this article and its charter.

Ibid.

34. The persons appointed to be examiners of the associations
affected by this article shall receive as compensation for such
examinations, the following sums of moneys—that is to say: