OF THE

BANK EXAMINER

OF

State and Private Banks

OF WISCONSIN.

COMPILATION SHOWS THE CONDITION OF ALL BANKS IN THE STATE

AT THE CLOSE OF BUSINESS ON DECEMBER 10, 1901.

WISCONSIN BANKING DEPARTMENT.

E. I. KIDD, Bank Examiner..

G. D. BARTZ, Deputy Bank Examiner

A. E. KUOLT, Assistant Deputy Bank Examiner.

THADDEUS WILD, Chief Clerk..

W. A. RICHTER, Clerk.

Prairie du Chien.

Wausau.

Milwaukee.

Milwaukee.

Milwaukee.

REPORT OF THE BANK EXAMINER.

OFFICE OF THE BANK EXAMINER,

HION. ROBERT M. LAFOLLETTE,

MADISON, Jan'y 23rd, 1902.

Governor of Wisconsin.

SIR: In accordance with the provisions of section 2023, Wisconsin statutes of 1898, I submit the seventh annual report of this department.

The report shows the condition of all banks in the state at the close of business on December 10th, 1901, as compiled from the statements received from said banks pursuant to the call made therefor on December 16th, 1901, and also contains a copy of the state banking laws as the same now appear in the statutes.

The law is inserted for the convenience of all and that those interested may readily see the statutory requirements. The present banking laws are incomplete, contain many obsolete provisions, and neither the bankers' interest nor the interest of the people is best served thereby. To remedy this condition the legislatures of 1899 and 1901 have provided for an amendment to the constitution which is to be voted upon at the next general election. The proposed amendment reads:

"The legislature shall have power to enact a general banking law for the creation of banks and for the regulation and supervision of the banking business, provided that the vote of twothirds of all the members elected to each house, to be taken by yeas and nays, be in favor of the passage of such law."