EMERSON C. HARRINGTON, GOVERNOR. 47 -

not more than one thousand dollars or imprisonment not more
than two years, or both.

Provided, that upon the request of any banking institution
which desires and has made application for membership in or
which is a member of the Federal Reserve System, together
with the request of the Federal Reserve Bank of the District in
which said institution is located, or its duly authorized repre-
sentative, the Bank Commissioner is authorized to furnish the
said Federal Reserve Bank with all facts and information at
any time in his possession concerning any such banking insti-
tution.

22. The articles of incorporation shall be executed in tripli-
cate by the persons joining therein before any officer authorized
to take acknowledgments, and then filed with the Bank Commis-
sioner for examination. The Bank Commissioner shall there-
upon ascertain from the best sources of information at his com-
mand, and by such investigation as he may deem necessary,
whether the character, responsibility and general fitness of the
person or persons, named in such certificate, are such as to com-
mand confidence and warrant belief that the business of the pro-
posed corporation will be honestly and efficiently conducted in
accordance with the intent and purposes of this Article, and
whether the public convenience and advantage will be promoted
by allowing such proposed corporation to engage or continue in
business. After the Bank Commissioner shall have satisfied
himself by such investigation whether it is expedient, and de-
sirable to permit such proposed corporation to engage or con-
tinue in business, he shall have power to require such changes
in said certificate as he may deem necessary. He shall within
sixty days after the date of the filing of such certificate for
examination, endorse upon each of the triplicates thereof over
his official signature, the word "approved" or the word "re-
fused" with the date of such endorsement. In case of refusal
he shall return one of the triplicates so endorsed to the pro-
posed incorporators. In case of approval, the triplicates shall
be returned to the proposed incorporators, and shall then be
submitted to one of the Judges of the Judicial Circuit in which
the bank is to be located in order that he may determine whether
said Articles are framed in accordance with existing laws.
One copy shall then be filed for record in the office of the Clerk
of the Circuit Court in the County in which the Bank is to be
located, or in the office of the Clerk of the Superior Court of
Baltimore City, when to be located in said city, and one copy