Minor to have money depos control of ited by him. Of deposits in Of deposits in the name of two persons, and payable to either. Deposit in savings bank may be pledged, how. savings bank, or trust company, may control, transfer, or withdraw the money so deposited, and the dividends or interest that have accrued or may accrue thereon, notwithstanding such person at the time of exercising such control or of making such transfer or withdrawal may be a minor. SEC. 66. If a deposit is made with any bank, savings bank, or trust company by one person in trust for another, the name and residence of the person for whom it is made shall be disclosed, and it shall be credited to the depositor as trustee for such person; and if no other notice of the existence and terms of a trust has been given in writing to the corporation, the deposit, with the interest thereon, may, in case of the death of the trustee, be paid to the person for whom such deposit was made or to his legal representative. SEC. 67. When a deposit has been or shall be made in any bank, savings bank, or trust company in the name of two persons and payable to either or to the survivor, such deposit, or any part thereof, or any interest or dividend thereon, may be paid to either of said persons, whether the other be living or not, and the receipt of the person so paid shall be a valid and sufficient release and discharge on account of the payment so made. SEC. 68. Any deposit in a savings bank or the savings department of a bank or trust company may be pledged by delivery of the pass-book evidencing such deposit to the pledgee, with an order for its transfer; but no such pledge shall be effective to secure such deposit against any person other than the pledgor, his executor or administrator, unless an actual transfer of said deposit shall have been made upon the books of the savings bank, or said order for such transfer shall have been disclosed to, and a copy filed with, the savings bank holding such deposit. of any bank or trust company to be the owner capital stock to what amount. SEC. 70. Every director of any bank or trust Each director company must, during his whole term of service, own in his own right, free and unpledged, shares of of shares of the capital stock of the corporation of which he is a director, to the amount of five hundred dollars of the par value thereof. Any director who ceases to be the owner, as herein provided, of such amount of the capital stock of such corporation, or becomes in any other manner disqualified, shall thereby vacate his place. SEC. 71. Every director of any bank or trust company, when appointed or elected, shall take an oath that he will, so far as the duty devolves on him, diligently and honestly administer the affairs of such corporation, and will not knowingly violate, or willingly permit to be violated, any of the provisions of this act or any addition thereto or amendment thereof; and that he is the owner in good faith, and Directors of companies to be banks or trust engaged. in his own right, of the number of shares of stock required by this act, subscribed by him or standing in his name on the books of the corporation, and that the same is not hypothecated, or in any way pledged, as security for any loan or debt. Such oath, subscribed by the director making it, and certified by the officer before whom it is taken, shall be immediately transmitted to the bank commissioner, and shall be filed and preserved in his office. SEC. 72. No protest of any note, draft, or check shall be made by any notary public who is the president, cashier, director, or officer of any bank, savings bank, or trust company wherein such note, draft, or check has been placed for collection or has been discounted. SEC. 73. Every bank, savings bank, and trust company in this state shall cause a record to be made, in a book kept for that purpose, of all the proceedings of the board of directors or trustees or standing committees thereof, at every meeting thereof, and of the names of all such directors or trustees or members of committees thereof as may be present at any such meeting. SEC. 74. No savings bank shall be required to pay any deposit with such savings bank until the depositor shall have first given the said bank ninety days previous notice that he intends to require payment of such deposit. No bank or trust company in its savings or participation department shall be required to pay any deposit with such savings or participation department until the depositor shall have first given the said bank or trust company ninety days previous notice that he intends to require payment of such deposit. SEC. 75. The treasurer of every savings bank and the treasurer of every bank and trust company as to its savings or participation department shall, during the month of July in the year nineteen hundred and eight, and every fifth year thereafter, return to the bank commissioner a sworn statement containing the name, last known place of residence or post-office address, and fact of death, if known to such treasurer, of every depositor who shall not have made a deposit therein or withdrawn therefrom any part of his deposit or any part of the interest thereon, or whose bank-book has not been presented for entry thereon of accrued interest, for a period of twenty years or more next preceding the last business day of June, and shall publish the same, in one or more newspapers published in or nearest to the city or town wherein such institution is located, at least once a week for six weeks in succession: Provided, however, that this section shall not apply to deposits made by or in the name of any person known to the officers of said corporation to be living and of sound mind. The bank commissioner shall incorporate in his report, or in a supplementary report, each return which shall have been made to him as provided in this section. The treasurer of any corporation neglecting or refusing to make the sworn return and publication required by this section shall be subject to a fine of one hundred dollars for each offence. SEC. 76. Every president, director, trustee, cashier, treasurer, teller, clerk, or agent of any bank, savings bank, or trust company who, without authority of the directors or trustees, issues or puts forth any certificate of deposit, draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report, or statement of the bank, with intent in either case to injure or defraud the bank, or any company, corporation, or person, or to deceive any officer of Penalties. Penalties. the bank, the bank commissioner, or any agent appointed to examine the affairs of such bank; and any person who with like intent aids or abets any officer, clerk, or agent in violation of this section, upon conviction thereof, shall be fined not exceeding twenty thousand dollars or be imprisoned not to exceed twenty years. SEC. 77. Any person who shall, with intent to defraud, make or draw or utter or deliver to another person any check, draft, or order on a bank, savings bank, or trust company, knowing at the time of such drawing or delivery that he has not sufficient funds or credit with said bank, savings bank, or trust company to meet said check, draft, or order in full upon its presentation, shall, upon conviction thereof, be fined not less than five hundred dollars or more than five thousand dollars, or imprisoned not less than six months or more than five years, or both such fine and imprisonment. The word "credit" as used herein shall be construed to mean an arrangement or understanding with the bank, savings bank, or trust company for payment of such check, draft, or order. SEC. 78. Any person knowingly making a false statement to any bank, savings bank, banking association, or trust company respecting the financial condition of any person, firm, or corporation, for the purpose of obtaining a loan from such bank, savings bank, banking association, or trust company, whether for his own use or for the use of any other person, firm, or corporation, shall be punished by imprisonment for not less than six months or more than five years. Every person who shall wilfully or maliciously instigate, make, circulate, or transmit to another or others any statement, untrue in fact, derogatory to the financial condition or affecting the solvency or financial standing of any bank, savings bank, or |