Page:United States Statutes at Large Volume 19.djvu/90

64 FORTYFOURTH CONGRESS. Sess. I. Ch. 156. 18Z6. _P<>W<>¤¤ wd ¤i¤— thereof; nd such agent is hereby authorized to sell, compromise, or °‘°“ °f ’*$°“"· compound the debts due to such association upon the order of a competent court of record or of the United States circuit court for the district where the business of the association was carried on. Such agent shall hold, control, and dispose of the assets and property_of any association 1 which he may receive as hereinbefore provided for the benefit of the shareholders of such association as they, or a. majority of them m value or number of shares, may direct, distributing such assets and property among such shareholders in proportion to the shares held by each ; and he may, in his own name or in the name of such association, sue and be sued, and do all other lawful acts and things necessary to finally settle Administrators, and distribute the assets and property in his hands. In selecting an H “Md l”e¤¤» °*°·· agent as hereinbefore provided, administrators or executors of deceased ‘ Qgiyaigflgu °h°°“` shareholders may act and sign as the decedent might have done 1f living, £’ é'and guardians may so act and sign for their ward or wards. R- $·» 52% P- Sec. 4. That the last clause of section fifty-two hundred and five of 1013* ““‘°“°°d· said statutes is hereby amended by adding to the said section the following proviso: $#10 of ¤¢<><=l$ of •‘ And provided, That if any shareholder or shareholders of such bank §‘;‘{‘":£°£$l°‘ aix;] shall neglect or refuse, after three months’ notice, to pay the assess- · m§,,,_ by ment, as provided in this section, it shall be the duty of the board of directors to cause a sufficient amount of the capital stock of such shareholder or shareholders to be sold at public auction (after thirty days’ notice shall be given by posting such notice of sale in the office of the bank, and by publishing such notice in a newspaper of the city or town in which the bank is located, or in a newspaper published nearest thereto,) to make good the deficiency, and the balance, if any, shall be returned to such delinquent shareholder or shareholders. FF¤¤<1¤l°¤”¤°*°¤ Sec. 5. That all United States oincers charged with the receipt or dis- R‘;0‘;;,;;‘},Q€{’S‘;,,fj“ bursement of public moneys, and all offlcers of national banks, shall stamp by d,si,,m,,,,’ omf or write in plain letters the word “ connterfeit” *‘ altered " or “ wortheers and haul: oni- less," upon all fraudulent notes issued in the form of, and intended to °°”- circulate as money, which shall be presented at their places of busi- Omcer liable for ness; and if `such officers shall wrongfully stamp any genuine note of }"¤¤z;f¤U>’ ¤*¤¤¤P· the United States, or of the national banks, they shall, upon presenta- '"g‘ tion, redeem such notes at the face-va1ue_ thereoti , _R°D_0Ft¤t°CQmP‘ Sec. 6. That all savings-banks or savings and trust companies organ- Egg 3% “‘“’“‘g° ized under authority of any act of Congress shall be, and are hereby, ’ ‘ required to make, to the Comptroller of the Currency, and publish, all the reports which national bankingassociations are required to make R. S., 5211, 5212, and publish under the provisions of sections fifty two hundred and . 5213. 1>· 1014· eleven, fifty-two hundred and twelve and fifty two hundred and thirteen, of the Revised Statutes, and shall be subject to the same penalties for failure to make or publish such reports as are therein provided; which pcuuitisarer mu. penalties may be collected by suit before any court of the United States ing to report. in the district in which said savings banks or savings and trust companies may be located And all savings or other banks now organized, savings and oth. or which shall hereafter be organized, in the District of Columbia, under er banks inl)istriot any act of Congress, which shall have capital stock paid up in whole or ggbgggfnultglzegzzgg in part, shall be subject to all the provisions of the Revised Statutes, mM_ _ and of all acts of Congress applicable to national banking-associations, ` so far as the same_may be applicable to such savings or other banks: Paidjin capital Provided, That such savings banks now established shall not be required gggigiting ¤¤·V¤¤8¤ to have a paidiin capital exceeding one hundred thousand dollars. _ ' Approved, June 30, 1876.