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Of the

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ANNUAL STATEMENT

incorporated under the laws of the State of

Kansas, for the year ending June 30, 19—. CAPITAL STOCK Authorized capital, $

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; par value per share,

; paid-up capital, $- -; market value per share, $

STATEMENT OF THE CONDITION OF THE CORPORATION JUNE 30, 190-.

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We,

COUNTY, 88.

President, and

-, Secretary, of the above-named corporation, do solemnly swear that the above is a full and complete statement of the condition of the capital stock of this corporation on the 30th day of June, 19—, and of the resources and liabilities thereof on that day, and of the receipts and disbursements thereof for the year ending June

30, 19, as shown by the books of the same. Also, that the above is a complete list of the stockholders of this corporation, and shows the postoffice address and the number of shares of the stock of this corporation held by each, as well as a list of the trustees or directors thereof, and the officers elected and appointed for the ensuing year, and that such election was held on the day of 19—, and was conducted in conformity with the by-laws of the corporation.

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Fee for filing this report (one dollar) herewith inclosed.

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INDEX.

ANNUAL REPORTS (see Banks," Building and Loan Associations,"

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Foreign Corporations," Insurance Companies," etc.):

To Secretary of State required..

Except of banking and insurance companies.

Consequences of neglect

What report must contain

SECTION.

64

64

64

64

Insurance companies to report to Superintendent of Insurance.... 312

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To inform county attorney of violations of banking act.

146

Office to be provided him

147

To make annual report to Governor as to condition of building and
loan associations

181

To examine each such association not oftener than annually.

180

And forward report, with suggestions, to president of association.. 180

BANKING:

What considered as, under this act.

Without authority, prohibited

123

149

BANKING ASSOCIATIONS:

Constitutional provisions as to

Five or more persons may organize association.
Name of association

Minimum capital, $5,000

87

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89

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But to transact no banking business till authorized by Bank Com-
missioner ...

90

No banking business to be transacted without authority of Bank
Commissioner

103

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Checks not to be certified unless money on deposit....

126

But check good against bank

126

Penalty for certifying without deposit

126

Charter

In addition to usual requirements, must give names of stockholders, 89
And their residences

89

And amount of stock of each stockholder

89

May contain any other legal provision stockholders deem proper..
Must be subscribed and acknowledged by five resident stockholders, 89
Conduct of Business generally —

89

Corporate existence to date from filing charter....

90

But not to transact general business till authorized by Bank
Commissioner

90

But may elect officers, approve official bonds, collect subscrip-
tions, etc.

Shares, $100 each

Subscriptions to be paid in cash

But in reorganization, old assets worth par counted as cash......
When capital paid in, president and cashier to transmit verified
statement to Bank Commissioner

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Showing names and residences of stockholders and amount sub-
scribed, and amount paid by each...

92

Commissioner to make examination within thirty days...

92

If lawfully complied with, Commissioner to issue certificate of
authority to transact banking business..

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Conduct of Business Generally-

Nor in buying stock of other corporations..

Nor take its own stock as security for loans

Nor purchase such stock, unless to save preëxisting debt.
And then stock to be disposed of within six months...
After six months, such stock not reckoned assets..

SECTION.

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98

But bank may hold and sell all kinds of property taken as col-
lateral

98

Such collateral to be disposed of soon as possible

98

98

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And not assets after six months

Directors

Not less than five nor more than thirteen

To be selected from stockholders....

In same manner as directors of other corporations.

A majority to be residents of Kansas

President, vice-president and secretary to be chosen from their own

number

Cashier to be a stockholder....

To hold at least four regular meetings each year

And make thorough examination of bank

And enter result in detail on bank record..

And certify copy to Bank Commissioner within ten days....

Dissolution

Proceedings for, by stockholders...

Dividends

Not to be declared while reserve impaired

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Statement of, to be forwarded to Commissioner within ten days
after declaration

105

Declaration of, to be reported to Commissioner within ten days... 105
Penalty for failure to report

106

Ten per cent. net profits to be carried to surplus before declaring.. 119
Until surplus equals half capital ...

119

And impaired surplus to be restored before more than half net
earnings declared

120

Capital cannot be withdrawn as

121

None to be declared where losses equal undivided profits on hand.. 121
Can be only of net profits after deducting losses

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