Chap. 85.—An ACT to amend and re-enact section 1170 of the code of Virginia of
ISS7, In relation to statements made by banks.

Approved January 22, 1598.

1. Be it enacted by the general assembly of Virginia, That seetion
eleven hundred and seventy of the code of Virginia of eighteen hundred
and eizhtv-seven, be amended and re-enacted so as to read as follows:

$1170. Statements to be rendered tothe auditor and publisher; when
to Cause examination of bank.—Jevery Joint stock company now organ-
ized, or which may hereafter be organized, under the laws of this state
for the purpose of conducting a general banking business, shall make to
the auditor of public accounts statements of its financial condition at
such times, identically as the national banks, organized under the law
of the United States, ave required to make them statements to the eomp-
troller of the eurreney; and also publish such statements in condensed
form as published by said national banks. im some newspaper printed
In the city or town where such banking business is carried on: and. if
there be none, then ina newspaper published in the city or town nearest
thereto. The statement: shall be made im accordance with forms pre-
scribed by the auditor, certified under oath by the president or cashier
of the bank, and attested by at least three of its directors. It shall be
the duty of the auditor toe: all upon the banks for the statements herein-
hefore mentioned and at the time preseribed, and to have prepared
such forms as may be necessary to carry out the provisions of this sec-
tion, Whenever calls for statements are made by the auditor he shall
forward to each bank in the commonwealth two blank forms, one of
which, after being properly filled out and certified to by the bank to
which it is sent, shall be returned to the auditor within ten days next
succeeding the date of such call, and the other, filled up in like manner,
shall be filed in the said bank. The auditor shall also, upon written
application made to him by the stockholders representing one-fifth of
the amount of the capital stock of any such bank, appoint some one to
make special examination in person into its condition, and to report the

ame to him. All expenses incident thereto shall be borne by the insti-
tution so examined.

2. This act shall be in force from its passage.