for not more than one year or by both such fine and imprisonment. Approved April 6, 1923. [No. 25.] AN ACT to amend section fifteen of act number one hundred eight of the public acts of eighteen hundred eighty-nine, entitled "An act to provide for the incorporation of trust, deposit and security companies," and to repeal act fiftyeight of the session laws of eighteen hundred seventy-one, approved March twenty-nine, eighteen hundred seventy-one, entitled "An act to provide for the incorporation of trust, deposit and security companies," being chapter eightyeight of Howell's annotated statutes; also to repeal act number one hundred twenty-three of session laws of eighteen hundred eighty-three, approved May twenty-five, eighteen hundred eighty-three, entitled "An act to amend section nine of act fifty-eight of the session laws of eighteen hundred seventy-one," approved March twenty-nine, eighteen hundred seventy-one, being compiler's section two thousand two hundred ninety, relative to the corporate rights of trust, deposit and security companies, being section eight thousand fifty-seven of the compiled laws of nineteen hundred fifteen. The People of the State of Michigan enact: SECTION 1. Section fifteen of act number one hundred Section eight of the public acts of eighteen hundred eighty-nine, en- amended. titled "An act to provide for the incorporation of trust, deposit and security companies," and to repeal act fifty-eight of the session laws of eighteen hundred seventy-one, approved March twenty-nine, eighteen hundred seventy-one, entitled "An act to provide for the incorporation of trust, deposit and security companies," being chapter eighty-eight of Howell's annotated statutes; also to repeal act number one hundred twenty-three of session laws of eighteen hundred eighty-three, approved May twenty-five, eighteen hundred eighty-three, entitled "An act to amend section nine of act fifty-eight of the session laws of eighteen hundred seventyone, approved March twenty-nine, eighteen hundred seventyone, being compiler's section two thousand two hundred ninety, relative to the corporate rights of trust, deposit and security companies, being section eight thousand fifty-seven of the compiled laws of nineteen hundred fifteen, is hereby amended to read as follows: SEC. 15. Every such corporation shall make to the com- Reports missioner of the banking department of the state of Michigan, required. How verified. What to show. When filed. Special reports. Dividends, report of. not less than three reports during each calendar year at such time as said commissioner shall require the same, according to the forms which he shall prescribe and furnish. Such reports shall be verified by the oath or affirmation of the president, vice president, secretary or treasurer thereof, and signed by at least three of the directors. Such reports shall exhibit in detail and under appropriate heads, the resources, assets and liabilities of the company at the close of business on any past day by him specified, and shall be transmitted to said commissioner within five days after the receipt of a request from him, and in the same form such reports shall be published in a newspaper in the city, village or county where such company is located, and if no newspaper is published in such county, then such notice shall be published at the nearest county seat, and proof of publication shall be furnished to said commissioner. Such commissioner shall also have the power to call for special reports from any company or companies whenever, in his judgment, the same are necessary to inform him fully of the condition of such companies. In addition to the reports required above each company shall report to the commissioner within ten days after declaring any dividend, the amount of such dividend, the amount carried to surplus fund, and the amount of net earnings in excess thereof; such report to be verified by the oath or affirmation of one of the executive officers of the company. Approved April 6, 1923. Sections amended. [No. 26.] AN ACT to amend sections eight, twenty-one and forty of act number two hundred five of the public acts of eighteen hundred eighty-seven, entitled "An act to revise the laws authorizing the business of banking, and to establish a banking department for the supervision of such business," being sections seven thousand nine hundred seventy-four, seven thousand nine hundred eighty-nine and eight thousand ten of the compiled laws of nineteen hundred fifteen. The People of the State of Michigan enact: SECTION 1. Sections eight, twenty-one and forty of act number two hundred five of the public acts of eighteen hundred eighty-seven, entitled "An act to revise the laws authorizing the business of banking, and to establish a banking department for the supervision of such business," being sections seven thousand nine hundred seventy-four, seven thousand nine hundred eighty-nine and eight thousand ten of the com piled laws of nineteen hundred fifteen, are hereby amended to read as follows: SEC. 8. It shall be the duty of the incorporators before Notice before making the application prescribed in the foregoing section, making applito cause notice that such application is to be made to be published in some newspaper printed in the city, village or county where such bank is to be located, and to set forth in such notice the names and addresses of the incorporators and the proposed location of such bank, which notice shall be published once each week for two successive weeks; and if no newspaper is published in such county, then such notice shall be pub- Publication. lished at the nearest county seat. The bank shall cause the Certificate, certificate issued under the preceding section to be published publication of. in some newspaper printed in the city, village or county where the bank is located, at least once in each week for six successive weeks, the first publication to be made within ten days after the receipt of said certificate, or, if no newspaper is there published, then in a newspaper published at the nearest county seat. required. verified. SEC. 21. Every bank shall make to the commissioner of Reports the banking department not less than three reports during each calendar year, at such times as said commissioner shall require the same, according to the forms which he shall prescribe and furnish. Such reports shall be verified by the How oath or affirmation of the president, vice president, cashier or treasurer thereof, and signed by at least three of the directors. Such reports shall exhibit in detail, and under what to appropriate heads, the resources, assets and liabilities of the show. bank at the close of business of any past day by him specified, and shall be transmitted to said commissioner within five days after the receipt of a request therefor from him, and in the same form such reports shall be published in a news- Publication paper in the city, village or county where such bank is located, of. and if no newspaper is published in such county, then such notice shall be published at the nearest county seat, and proof of publication shall be furnished to said commissioner. Such Special commissioner shall also have the power to call for special reports from any bank or banks whenever, in his judgment, the same are necessary to inform him fully of the condition of such banks. In addition to the reports required above, Dividends, each bank shall report to the commissioner within ten days after declaring any dividend, the amount of such dividend, the amount carried to surplus fund, and the amount of net earnings in excess thereof; such report to be verified by the oath or affirmation of one of the executive officers of the bank. reports. report of. fee. SEC. 40. One examination each year shall be designated as Annual the annual examination and for each annual examination the examination, bank examined shall pay into the state treasury for the credit of the general fund one hundredth part of one per cent of the gross amount of the assets of said bank: Provided, That the Proviso, examination fee of any bank shall not be less than twenty-five fee. dollars and that no bank shall be compelled to pay for more than one examination in each year. The expenses incurred minimum Action for recovery. Examiner not to be stockholder, etc. Deposit before investigation. and services, other than examinations, performed especially for any bank, shall be paid by such bank. If such charges or the annual fee are not paid after due notice, the commissioner shall maintain an action in his name of office against the delinquent bank for the recovery of such charge, or annual fee, with interest thereon, and the sums so collected shall be paid into the state treasury. No person shall be appointed to examine a bank in which he is interested as stockholder, officer or employe, or otherwise. The commissioner of the banking department, his deputy, every clerk in his employment, and examiner shall be bound by oath to keep secret all facts and information obtained in the course of such examination, except in as far as the public duty of such officer requires him to report upon or take official action, regarding the affairs of such bank. No bank shall be subject to any visitation other than such as is required by this act, or otherwise authorized by law. At the time of filing the application with the commissioner, and before such application shall be investigated as prescribed in section seven, the incorporators shall deposit the sum of fifty dollars with said commissioner to pay the expense of such investigation, which money shall be converted into the general fund of the state as provided by the accounting laws. Approved April 6, 1923. Sections amended. [No. 27.] AN ACT to amend sections one and two of act nine of the public acts of eighteen hundred ninety-seven, entitled "An act to provide for the collection and publication of statistics of divorces in Michigan," the same being sections five thousand six hundred thirty-one and five thousand six hundred thirty-two of the compiled laws of nineteen hundred fifteen, as amended by act number one hundred seventy, public acts of nineteen hundred twenty-one. The People of the State of Michigan enact: SECTION 1. Sections one and two of act nine of the public acts of eighteen hundred ninety-seven, entitled "An act to provide for the collection and publication of statistics of divorces in Michigan," being sections five thousand six hundred thirty-one and five thousand six hundred thirty-two of the compiled laws of nineteen hundred fifteen, as amended by act number one hundred seventy, public acts of nineteen hundred twenty-one, are hereby amended to read as follows: petition, etc., SEC. 1. The clerks of circuit courts for the several counties, for, report of, the clerks of superior courts and of all other courts having jurisdiction in divorce cases shall on the first day of each Divorce, to whom made. term of court or, if no regular terms are held, then on or before the first day of February of each year make returns to the state commissioner of health in relation to petitions or bills for divorce in their respective courts for the preceding term thereof or for the preceding calendar year, if there are no regular terms of such court. The returns shall be made How made. on blanks supplied by the commissioner of health for that purpose and shall specify the following details: Number what to show. of petitions or bills pending at the beginning of the term; whole number of petitions or bills filed within the term; number of divorces granted; number of divorces refused; number of petitions or bills contested; number of petitions or bills pending at the end of the term; alleged cause for divorce in each case; sex of plaintiff; date and place, state and county, where the marriage was performed; the name of each party; age of each party; names and ages of all children in family. SEC. 2. The commissioner of health shall prepare from To prepare said returns, abstracts and tabular statements of the facts abstracts, etc. relating to divorces in this state and embody the same in the annual report relating to the registry of births, marriages and deaths. Approved April 6, 1923. [No. 28.] AN ACT to provide fire protection for townships; to authorize the purchase of fire extinguishing apparatus and equipment and the maintenance and operation thereof. The People of the State of Michigan enact: SECTION 1. Hereafter any township, at the annual meeting Fire protecthereof, may by a vote of two-thirds of those voting thereon, tion for townships authorize and vote a sum not exceeding four thousand dol- authorized. lars, for the purpose of providing fire protection for such township by the purchase of fire extinguishing apparatus and equipment and the housing thereof, and may by a majority vote at any annual meeting vote a further sum, not exceeding six hundred dollars, for any one year, for the maintenance of such fire extinguishing apparatus and equipment and for the purpose of paying for the care and operation thereof. ment. SEC. 2. The township board of any township where appro- May organize priations have been made as herein provided, may organize fire departa fire department within said township, whose duty it shall be to take charge of and operate said apparatus and equipment for a compensation and under regulations to be established by said board, or the township board of any township having within its boundaries an incorporated village or city May contract which maintains a fire department therein, may contract with etc. with city, |