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Session Laws, 1910 Session
Volume 487, Page 17   View pdf image (33K)
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BANKS. 17

of all stocks and bonds owned, giving the par value, book
value and market value of each; the amount loaned upon pledge
of securities of whatever kind, designating each particular
loan with a statement of the securities pledged therefor and
the estimated market value thereof; the amount loaned upon
mortgage on real estate, the amount of each mortgage, the
location of the mortgaged premises and the estimated value
thereof; the amount invested in real estate and ground rents,
the location of each ground rent and each piece of real estate
owned and the book and estimated market value thereof; the
amount of cash on hand or on deposit, with the name of each
depository; amount of deposits received during the year,
amount of interest and other items received; amount of de-
posits paid out, expenses, taxes and other items paid, and
premium and other items charged off; number of accounts
opened and closed during the year, and amount of interest
credited to depositors; all of which shall be certified and
sworn to by the treasurer before a notary public; and any
corporate officer making oath to false statements in such re-
port shall be deemed guilty of perjury, and upon conviction
shall be subject to the penalties provided by law for that
offense. The president of the savings institution shall certify
as to the correctness thereof, and whether in his judgment
the loans on mortgages or collateral are properly secured.

36. An abbreviated statement as of date the last day of De-
cember of each institution so reporting shall be published, dur-
ing the month of January in each year, in one or more news-
papers in the city or county in which the institution k located
over the .names of the president and treasurer. This Statement
shall show: Amount of deposits received during the year,
amount of interest and dividends received, amount or deposits
paid out, including interest; amount of expenses paid, amount
of taxes paid, amount of premium and other charges, book
value of total amount of bonds and stocks owned, amount of
loans on collaterals, amount of loans on real estate mort-
gages, book value of building occupied by the institution, if
any, book value of other real estate owned, cash on hand and
on deposit in banks and trust companies, amount due to de-
positors, number of deposit accounts opened, number of de-
posit accounts closed, number of deposit accounts existing.

37. In the month of October in every second year prior to
the meeting of the General Assembly of Maryland the treas-
urer of every savings institution in the State shall deliver
to the Bank Commissioner a written statement, sworn to by
him or by the president, containing the name and the amount
standing to his or her credit of every depositor who shall
not have made any deposit therein or drawn any money upon


 

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Session Laws, 1910 Session
Volume 487, Page 17   View pdf image (33K)
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