LLOYD LOWNDES, ESQUIRE, GOVERNOR.
Sue. 10. Every banking association authorized by its charter
to do a banking business in this State, shall make to the Treas-
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829
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urer of the State of Maryland not less than five reports during
each year according to the form which may be prescribed by
him, which reports shall be verified by the oath or affirmation
of the president, cashier or treasurer of such association, trust
company, and attested by the signatures of at least three of the
directors thereof, such oath or affirmation to be made before
any officer of this State authorized to take acknowledgments
of deeds, and every report so made shall exhibit in detail and
under appropriate heads, the resources and liabilities of such
association, at the close of business on any past day by him,
the treasurer, specified, and which said reports respectively
shall be transmitted to the treasurer of this State within five
days after the receipt of his request or requisition therefor, and
a summary of such report shall be published in some news-
papers published in the city or county where such association
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Five reports
to be made.
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in this State may be located, and if there be no newspapers
published in such city or county, then such summary shall be
published in a newspaper published in a county adjacent there-
to ; the publication of which said reports shall be at the
expense of the respective associations in this State, thus mak-
ing the same ; and such proof of publication shall be furnished
as may be required by the treasurer. The treasurer shall also
have power to call for special reports from any such association
in this State, whenever in his judgment the same are necessary
in order to invest him with a. full and complete knowledge of
its condition.
31. It shall be the duty of the treasurer of this State, with
the approval of the Governor of this State, to 'appoint from
time to time an examiner to visit each and every association
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Report
published.
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mentioned in this article, doing business in this State (except-
ing State banks which may be members of the Baltimore
Clearing Association, and as such required regularly to submit
to examination by a national bank examiner) at least once in
each year, or oftener, if in his judgment it may be necessary,
for the purpose of making a full and careful investigation of
and inquiry into the condition and affairs of such bank, and
for that purpose the treasurer of this State or his duly
appointed examiner, is hereby authorized and empowered to
administer oaths or affirmations, and examine under oath or
affirmation the owners and directors, and all officers and
employes and agents of such bank, and the examiner making
such examination shall reduce the result thereof to writing,
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Examiner
appointed.
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