Page:United States Statutes at Large Volume 38 Part 1.djvu/291

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272 SIXTY-THIRD CONGRESS. Sess. II. Ch. 6. 1913. acce ted in the case of State banks and trust com anies and may at any Ifime direct the holding of a examinatiim of State banks or trust companies that are stoc l(l9l'S_111 any Federal reserve A¤¤¤·r¤v· •¤»· of bank. The examiner the examination of any national bank, °”°m°”` or of any other member , shall have power_to make a thorough examination of all the aifairs of the bank m doing so he shall have power to administer oaths and to examine any 0 the officers and agents thereof under oath and shall make a full and detailed report of the condition of said bank to the Comptroller of the Currenc . ¤·*¤’*¤¤¤¤d•*¤°¤¤°=* ‘ Tiki Federal Reserve Board, upon the recommendation of the Comptroller of the Currency, shall fix the salaries of all bank examiners and make report thereof to Congress. The expense of the examinations herein provided for shall be by the Comptroller of the Currency upon the banks examined m proportion to assets or resources held by the banks upon the dates of examination of the various banks. ¤g;·¤¤¤ ¤¤¤=¤*¤* In addition to the examinations made and conducted by the Comptroller of the Currency, every Federal reserve bank may with theapprovalof the Federal reserve agent or the Federal lieservelioard, rovidh for special examination of member banks withm 1ts district. Hhs of such examinations shall be borne by the examined. guch examinations shall be so conducted as to inform the Federal reserve bank of the condition of its member banks and of the lines of credit which are being extended by them. Every Federal reservebankshallatall timesfurnishto the Federal ReserveBoard such information as may be demanded concerniigg the condition of an§member bank within the district of the said F eral reserve bank. l ¤¤¤*,*¤'°“*¤¤¤*· 0 bankshall be subject to any visitatonal powers other than such ' as are authorized by law, or vested in the courts of justice or such as shall be or shall have been exercised or directed by Congress or by gither gpluse tlilereoffr by any committee of Congress or of either ouse authorize . _¤§, *°‘“ °‘ ’°‘ The Federal Reserve Board shall, at least once each year, order an examination of each Federal reserve bank, and upon joint application of ten member banks the Federal Reserve Board shall order a special gzakmination and report of the condition of any Federal reserve . m£Bg_gg,é{_¤·¤·¤·· S1:c.,22. No member bank or any officer, director, or employee ` thereof shall hereafter make ané loan or grant any gratuity to any u§;¤;·{;y¤¤g;:; gg bank examiner. Any bank officer, director, or employee violating this provision shall be deemed guilty of a misdemeanor and shall be im&r1soned not exceeding one year or fined not more than $5,000 Pmm C I W or be ;_and_may bxniined a further su1n equsil to the money site loaned , °'g °’,m,_ or gratuitygnven. yexaminer acceptin a can or atuity roman by bank examined by him or from an officer, director, orgdlmployee theredf shall be deemed guilty of a misdemeanor and shall be imprisoned not exceeding one year or fined not more than $5 000, or both; and may be fined a further sum equal to the mongaso loaned or atuit given; Rmdmm on mw and shall forever thereafter be disqu cd from hole? office as a may muses. national-bank examiner. No national·bank examinerudhall perform any other service for compensation while holding such office for any bank or officer, director, or employee thereof. bykgfgmgésgkefg Other than the usual salary or director’s fee paid to any officer, emma. director, or emiployee of a member bank and other than a reasonable fee paid by said bank to such officer, director, or employee for services ren ered to such bank, no officer, director, emplo ee, or attorney of a member bank shall be a beneficiary of or receive, directly or indirectly, U any fee, commission, gift, or other consideration for or in connection d,,,,,§‘?,‘;,°',§‘§,"{,.‘§,3l,,,,'},,§,§ with any transaction or business of the bank. No examiner, public

  • °¤¤*¤°°¤· or private, shall disclose the names of borrowers or the collateral for