INDEX.

(The references in arabic numerals are to consecutive opinions, those in roman numerals are to pages.)

Authority to subscribe, as "trustee" required.

3

Executor of estate may not subscribe, in his representative capacity.

30

ASSESSMENT:

on stockholders:

Directors' notes not permissible in lieu of.

15

xl

absorbing another cannot continue to hold certain unauthorized invest-
ments

Branches:

may not be maintained in an unincorporated village by bank in-
corporated in another unincorporated village.

permitted in certain instances.

cannot extend its credit to individual or bank

cannot legally sell steamship tickets.

Commercial, (strictly) must amend articles to transact savings business.
condition of, Commissioner may require information tending to show.
Examiners:

house, Stock in building company cannot be carried as, under Sec. 11.

Law, General, not affected by act to make uniform law of transfer of stock.
BOARD OF DIRECTORS:

cannot fill vacancy on board through failure of stockholders to elect..
cannot increase or decrease their number.

Report of examining committee of, to be made matter of proper record
BONDS:

28

xlviii

10

XXXV
xxxili

53

5

lxx
xxxii

36

lvil

12

xxxvii

64

lxxx

lxi

xlii

29

xxxiv
xlix

32

60

li
Xxxvi
lxxvii
xli

may require information tending to show bank's condition.. Discretionary authority vested in, in capital stock impairment.

Commissioner may require information tending to show...

Increase of, not required of banks by extension of corporate limits.
Stock:

Commercial mortgages not to exceed fifty per cent of.
impairment, Discretionary authority vested in commissioner in.
of banks may be cancelled and new certificates issued.
requirements affected by extension of corporate limits.

CERTIFICATES:

of deposit, Trust companies may issue, for deposits of indebtedness, Certain, are legal investments.

COMMERCIAL BANKS:

(strictly) must amend articles to transact savings business.

not to loan in excess of fifty per cent of capital on real estate mortgages.. COMMISSIONER:

CONDITION OF BANK:

CORPORATE LIMITS:

23

xlv

59

lxxvi

extension of:

Requirements in connection with increase of capital stock of banks
affected by.

Banking, must incorporate under general banking law
Constituent, entitled to twenty per cent loan limit..

municipal, Loans to, limited to twenty per cent of capital and surplus. stock not trust company investment

45

13

10

XXXV

29

xlix

14

20

50

lxvii

6

xxxiii

cannot fill vacancy on board through failure of stockholders to elect

examination-proper record to be made of report.

Executor cannot be member of board of, in that representative capacity. must have fully paid for ten shares of stock at organization

notes in lieu of assessment not permissible....

cannot be director of state bank in that representative capacity.

may not subscribe articles of incorporation in his representative capacity.. 30 EXTENSION:

of corporate limits:

affects requirements in connection with increase of capital by banks.. 13
does not require increase of capital by banks.

not required of banks by extension of corporate limits INDEBTEDNESS:

Certain certificates of, are legal investments.

Land contracts not evidences of, as contemplated by banking law. INVESTMENTS:

Corporation stocks not trust company..

Legal:

Certain certificates of indebtedness are.

Certain municipal public utility bonds not savings.

Savings:

Vendor's lien notes not permissible as.

Certain certificates of indebtedness are legal.

Certain municipal public utility bonds are not.

Unauthorized:

Bank absorbing another bank cannot continue to hold certain..

J.

Ixil

lxviii

lxxiii

xxxii

lxviii

xliv

not to exceed fifty per cent of capital of commercial banks.. Municipal corporation, limited to twenty per cent of capital and surplus..

4

51

Ixviii

57

lxxiii

2

35

Ivi

57

lxxiii

1

signer on face of note considered as such unless otherwise designated.... MORTGAGE: Real estate:

49

49

lxvil

Loans on, not to exceed fifty per cent of capital of commercial banks.
not to be deposited with collateral deposit company

not to deposit funds in bank where he is stockholder or otherwise....

State banks not to pledge assets in lieu of bond to secure county funds.... PRIVATE BANKS:

not depositories for public funds..

PROXY:

Stockholders must be represented by, if not present at annual meeting..

PUBLIC FUNDS:

contemplated in city or village only

incorporated in an unincorporated village cannot legally maintain branch in

another unincorporated village..

may be organized by stockholders of national bank.

may open on legal holidays with certain restrictions.

not to pledge assets in lieu of bond to secure county funds.

stock-taxation of

Bank, to be invested in or possessed by corporations only on certain conditions..

Corporation, not trust company investment.

in building company cannot be carried as banking house under Section 11. transfer of, Act to make uniform law of, does not affect general banking law.

xlii

4

xxxli

lxviii

lxxiii

lxvii

lxxi

lxx

40

lix

xlviii

xxxvi

lvi

Ixvii

lix

lxx

xliii

lix

xliii

of municipality not to deposit funds in bank where he is stockholder or otherwise..

48

TRUST COMPANY:

investments corporation stocks are not..

may deposit securities in other states in order to qualify as trustee may own and operate abstract department

may receive deposits and issue certificate therefor.

titles similarity of.

TRUSTEE:

authority to subscribe articles of incorporation as such required.. TRUSTEESHIP: Joint, permissible in certain bond issues...

VENDOR'S:

V.

33

00 210737

223

lxvi

25

xxxi xliv

xlviii Hi xxxiii