Chap. 64.—An ACT to amend and re-enact section 1169-b of the Code of
Virginia as amended and re-enacted by an act entitled an act to
amend and re-enact sections 1164, 1168, 1169 and 1170 and 1171 of
the Code of Virginia, and to add independent sections thereto, so as to
provide for the examination of banks and other similar institutions in this
State, and to make certain general provisions and for the conduct of
the business of banking, and to provide penalties for the violation of
the provisions hereof, approved March 17, 1910. (H. B. 38)

Approved February 16, 1915.

1. Be it enacted by the general assembly of Virginia, That eleven
hundred and sixty-nine-b of the Code of Virginia as amended and re-
enacted by an act entitled an act to amend and re-enact sections eleven
hundred and sixty-four, eleven hundred and sixty-eight, eleven hundred
and sixty-nine, and eleven hundred and seventy and eleven hundred and
seventy-one of the Code of Virginia, and to add independent sections
thereto, so as to provide for the examination of banks and other similar
institutions in this State, and to make certain general provisions and for
the conduct of the business of banking, and to provide penalties for the
violation of the provisions hereof be amended and re-enacted so as to
read as follows:

1169-b. Fees for examination.—Every such bank, banking institu-
tion, savings bank. savings society or savings institution shall pay for
each annual examination provided by section eleven hundred and sixty-
nine of the Code of Virginia, fees as follows:

For the examination of banks having total resources. as shown by
statement of financial condition made to the State corporation commission
next preceding June first, of each year of fifty thousand dollars or less,
a fee of twenty dollars; for banks having total resources of more than
tiftv thousand dollars and not over one hundred thousand dollars a fee
vi twenty-five dollars; for banks having total resources of more than one
hundred thousand dollars and not over two hundred thousand dollars,
a fee of thirty-five dollars; for banks having total resources of over two
hundred thousand dollars and not more than three hundred thousand
dollars, a fee of sixty ($60) dollars; for banks having total resources of
mere than three hundred thousand and not more than four hundred
thousand dollars, a fee of eighty dollars; for banks having total resources
of more than four hundred thousand dollars and not exceeding five hun-
dred thousand dollars, a fee of one hundred dollars: for banks having
total resources of more than five hundred thousand dollars, and less than
nine hundred thousand dollars. a fee of one hundred and twentv-five
dellars: for banks having resources more than nine hundred thousand
Gollars, a fee of one hundred and fifty-five dollars; and for every bank
having ene or more branches. shail be assessed fifteen dollars for each
brancn in addition to the foregoing fees, and in case the examiantion of
anv branea should require more taan one day, the parent bank shall be
assessed and pay at the rate of ten dollars for each additional day re-
quired for the examination of such branch; provided, that the maximum
fee for any one branch shall be thirty-five dollars, which amount shall be
assessed against each such bank by the State corporation commission. on
the first day of July of each and every year, and shall be paid into the
State treasury to the credit of “banking fund—State corporation commis-
sion,” on or before the thirty-first day of July following, to be used in
carrying out the provisions of this act. All fees so assessed shall be a lien
ori the assets of the bank, and if not paid within thirty days from date
of said notice may be recovered in any court of the county or city in
which such bank or institution is located having original jurisdiction of
civil cases, on motion of and in the name of the State corporation com-
mission. It shall be the duty of the attorney for the Commonwealth of
such county or city to represent said State corporation commission in such
motion.

It shall be the duty of the State corporation commission to mail the
assessment to each bank on or before July first of each year and certify
a copy to the auditor of public accounts, and it shall be the duty of the
auditor of public accounts to furnish the State corporation commission
promptly with a list of the banks which fail to pay the assessment on or
before July thirty-first.

All payments from the fund herein provided shall be upon the said
banking fund, upon the order of the State corporation commission, attes-
ted by its clerk, nor shall there be any charge upon other funds of the
State.