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Code · STATUTES-AT-LARGE · Vol. 34 STAT. · June 25, 1906 · Chapter 3533

Chapter 3533. To amend sections seven hundred and thirteen and seven hundred and fourteen of “An act to establish a code of law for the District of Columbia,” approved March third, nineteen hundred and one, as amended by the acts approved January thirty-first and June thirtieth, nineteen hundred and two, and for

591 words·~3 min read·/statutes-at-large/vol-34/chapter-3533-2093475·

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CHAP. 3533.— An Act To amend sections seven hundred and thirteen and seven hundred and fourteen of “An act to establish a code of law for the District of Columbia,” approved March third, nineteen hundred and one, as amended by the acts approved January thirty-first and June thirtieth, nineteen hundred and two, and for other purposes. June 25, 1906. [[H. R. 118](/us/bill/59/hr/118).] [[Public, No. 285](/us/pl/59/285).] *Be it enacted by the Senate and House of Representatives of the United Staten of America in Congress assembled*, District of Columbia Code.
Savings banks. Vol. 31, p. 1302; Vol. 32, p. 534. That sections seven hundred and thirteen and seven hundred and fourteen of an Act entitled “An Act to establish a code of law for the District of Columbia,” approved March third, nineteen hundred and one. as amended by the Acts approved January thirty-first and June thirtieth, nineteen hundred and two, are hereby amended so as. respectively, to read as follows: " “Sec. 713. All savings banks, or savings companies, or trust companies,All savings, trust, and banking associations to report to Comptroller of the Currency.
Vol. 32, p. 534, amended. or other banking institutions, organized under authority of any Act of Congress to do business in the District of Columbia, or organized by virtue of the laws of any of the States of this Union, and having an office or banking house located within the District of Columbia where deposits or savings are received, shall be. and are hereby, required to make to the Comptroller of the Currency and to publish all the reports which national banking associations are required to make and publish under the provisions of sections fifty-two hundred[R.
S., secs. 5211–5213, pp. 1007, 1008](/us/rs/s5211–5213/p1007/1008). and eleven, fifty-two hundred and twelve, and fifty-two hundred and thirteen of the Revised Statutes of the United States, and shall be subject to the same penalties for failure to make such reports as are therein provided, which penalties may be collected by suit before the supreme court of the District of Columbia. And the ComptrollerPower of Comptroller. shall have power, when in his opinion it is necessary, to take possession of any such bank or company, for the reasons and in the manner and to the same extent as are provided in the laws of the United States with respect to national banks: *Provided*,* however*, That banking*Provisos*.
Foreign houses. institutions having offices or banking houses in foreign countries459 as well as in the District of Columbia shall only be required to make and publish the reports provided for in this section semiannually: *And provided further*, That all publications authorized or requiredPublishing reports.[R. S., sec. 5211, p 1007](/us/rs/s5211/p1007). by said section fifty-two hundred and eleven of the Revised Statutes, and all other publications authorized or required by existing law to be made in the District of Columbia, shall be printed in two or more daily newspapers of general circulation, published in the City of Washington, one of which shall be a morning newspaper.
“Sec. 714. The Comptroller of the Currency, in addition to theExaminations. powers now conferred upon him by law for the examination of national banks, is hereby further authorized, whenever he may deem it useful, to cause examination to be made into the condition of any hank mentioned in the preceding section. The expense of such examination[R. S., sec. 5240, p. 1013](/us/rs/s5240/p1013). shall be paid in the manner provided by section fifty-two hundred and forty of the Revised Statutes of the United States relating to the examination of national banks.
” " Approved, June 25, 1906.
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