revocation, and at the end of said year the authority of said bank to conduct any business under the provisions of this Act shall cease and determine.

Should the capital stock of any bank organized under this Act become impaired, the Auditor shall give notice to the president to have the impairment made good by assessment of the stockholders or a reduction of the capital stock of such bank, if the reduction should not bring the capital below the provisions of this section; and if the capital stock of said bank shall remain impaired for thirty days after notice by the Auditor, he shall have power, and it is hereby made his duty, to enter suit against each stockholder in the name of the People of the State of Illinois, for the use of said bank, for his or her pro rata proportion of such impairment, and when collected shall pay over the amount thereof to said bank, and the judgment in such case shall be for the amount claimed with all costs and reasonable attorney's fees, which fees shall be fixed by the court, or, it it [if] appears from the reports made to the Auditor under this Act, or from any examination made by or on behalf of the Auditor that the conditions of any bank organized under this Act are such that the impairment of the capital stock cannot be made good, or that the business of any such bank is being conducted in an illegal, fraudulent or unsafe manner, he may, in his discretion, without having taken the steps provided in this section to make good the impaired capital stock, forthwith appoint a receiver, and require of him such bond and security as he deems proper. Such receiver, under the direction of the Auditor, shall take possession of the books, records and assets of every description of such bank, collect all debts, dues and claims belonging to it, and upon the order of a court of record of competent jurisdiction, may sell or compound all bad or doubtful debts, and, on a like order, may sell all the real and personal property of such bank, on such terms as the court shall direct; and may, if necessary to pay the debts of such bank, enforce the individual liability of the stockholders.

The Auditor of Public Accounts shall, upon appointing a receiver, cause notice to be given, by advertisement in such newspapers as he may direct, for three consecutive months, calling on all persons who may have claims against such bank to present the same, and to make legal proof thereof.

From time to time the Auditor of Public Accounts shall make a ratable dividend of the moneys collected by such receiver on all such claims as may have been proved to his satisfaction or adjudicated in a court of competent jurisdiction, and, as the proceeds of the assets of such bank are collected, shall make further dividends on all claims previously proved or adjudicated; and the remainder of the proceeds, if any, shall be paid over to the shareholders of such bank, or their legal representatives, in proportion to the stock by them respectively held.

Whenever any such bank against which proceedings have been instituted, or for which a receiver has been appointed as aforesaid, on account of any alleged impairment of its capital stock or alleged conduct of its business in an illegal, fraudulent or unsafe manner, denies such grounds, it may, at any time within ten days, apply to the Circuit Court of Sanga

mon County, Illinois, to enjoin further proceedings in the premises; and such court, after citing the Auditor of Public Accounts to show cause why further proceedings should not be enjoined, and after the decision of the court or finding of a jury that such grounds do not exist, shall make an order enjoining the Auditor, and any receiver acting under his direction, from all further proceedings on account of such alleged grounds.

All expenses of any preliminary or other examinations into the condition of any such bank shall be paid by such bank. All expenses of any such receivership, including reasonable receiver's, solicitor's and attor ney's fees to be approved by the Auditor of Public Accounts, shall be paid out of the assets of such bank.

No bill shall be filed nor proceedings commenced in any court for the dissolution or for the winding up of the affairs or for the appointment of a receiver for any such banking corporation on the grounds of insolvency or impairment of the capital stock of such banking corporation or upon the ground that such bank is being conducted in an illegal, fraudulent or unsafe manner, except in the name and by the authority of the Auditor of Public Accounts, represented by the Attorney General.

At any time, whenever a majority in number and amount of the creditors of any such bank or association, after any such receiver shall have been appointed, shall petition the Auditor of Public Accounts for the appointment of any person nominated by them as receiver, who is a reputable person and elector of the county in which such bank or association is located, it shall be the duty of the Auditor to make such appointment, and all the rights and duties of his predecessor shall at once devolve upon such appointee.

12. Whenever the board of directors, managers or trustees of any corporation having any banking powers existing by virtue of any general or special law of this State, or any corporation with banking powers hereafter organized under the provisions of this Act, may desire to change the name, to change the place of business, to increase or decrease the capital stock, to extend the duration of its charter, to increase or decrease the number of directors, managers or trustees, or to consolidate such corporation with any other corporation having banking powers which may hereafter exist, they may call a special meeting of the stockholders of such corporation for the purpose of submitting to a vote of such stockholders the question of such change of name, change of place of business, increase or decrease of number of directors, managers or trustees, increase or decrease of capital stock, extension of duration of its charter, or consolidation with some other corporation, as the case may be Provided, that in changing the name of any corporation under the provisions hereof, no name shall be assumed or adopted by any corporation organized under the laws of this State without the consent of such other corporation, and that in no case shall the capital stock be diminished to the prejudice of the creditors of such corporation, or the number of directors, managers or trustees be reduced to less than three or increased to more than twenty-one.

Such special meeting shall be called by delivering personally, or by depositing in the postoffice at least thirty days before the time fixed for such meeting, a notice properly addressed to each stockholder, signed by a majority of said directors, managers or trustees, stating the time, place and object of such meeting. A general notice of the time, place and object of such meeting shall also be published for three successive weeks in some newspaper printed in or nearest to the county in which the principal business office of said corporation is located. At any such meeting stockholders may vote in person or by proxy, each stockholder being entitled to one vote for each share of stock held by him, and votes representing two-thirds of all the stock of the corporation shall be necessary for the adoption of the proposed change of name, place of business, number of directors, managers or trustees, amount of capital stock, extension of duration of charter, or consolidation with some other company. At any regular meeting, or at the time and place specified in said. notice of a special meeting called for that purpose, said propositions, or any of them, may be submitted to a vote, and if it shall appear that twothirds of all the votes represented by the whole stock of such corporation are in favor of the propositions or any of them, so submitted, a certificate thereof, verified by the affidavit of the president, and under seal of the corporation, shall be filed in the office of the Auditor, and a like certificate filed for record in the office of the recorder of deeds of the county where the principal business office of such corporation is located; and upon the filing of such certificate the changes proposed and voted for at such meeting, as to name, place of business, increase or decrease of capital stock, or number of directors, managers or trustees, extension of duration of charter, or consolidation with some other company, shall be and is hereby declared accomplished, in accordance with the said vote of the stockholders: And, provided, further, that any corporation with banking powers availing itself of or accepting the benefits of, or formed under, this Act, and all corporations with banking powers existing by virtue of any special charter or general law of this State, shall be subject to the provisions and requirements of this Act in every particular, as if organized under this Act.

Such corporation shall, upon the filing of said certificate, cause to be published in some newspaper in or nearest the county in which their principal office is located, a notice of such changes of organization for three successive weeks.

Such change of name, place of business, increase or decrease of capital stock, increase or decrease of number of directors, managers or trustees, extension of duration of charter, or consolidation of one corporation with another, shall not affect suits pending in which such corporations or corporation shall be parties; nor shall such changes affect causes of action, nor the rights of persons in any particular; nor shall suits brought against such corporation by its former name be abated for that

cause.

SECTION 3. That said Act be further amended by adding after section 15 of said Act a new section to read as follows:

"§ 152. After January 1, 1921, no natural person or natural persons, firm or partnership shall transact the business of banking or the business of receiving money upon deposit, or shall use the word "Bank" or "Banker" in connection with said business or shall transact the business of transmitting money to foreign countries or buying and selling foreign money or receiving money on deposit to be transmitted to foreign countries provided that express, steamship and telegraph companies may continue their business of transmitting money and receiving money to be transmitted, and provided, further, that nothing herein contained shall be construed to prohibit banks incorporated under the laws of this State or of the United States from appointing natural persons as agents to receive deposits of savings in and through the public schools. Any person or persons violating this section shall be deemed guilty of a misdemeanor, and shall, upon conviction thereof, be punished by a fine of not more than one thousand dollars ($1,000) or by imprisonment in the county jail for not more than one (1) year, or by both such fine and imprisonment, and the Attorney General or State's Attorney of the county in which any such violation occurs may restrain such violation by a bill in equity to be filed in the Circuit Court of such county."

§ 4. It shall be the duty of the Secretary of State for this State to submit these amendments to the Bank Act to a vote of the people for their ratification, according to Article XI, section 5 of the Constitution of this State, at the next general election, and the question shall be "for the amendments to the General Banking Law," or "Against the amendments to the General Banking Law." And if approved by a majority of the votes cast at such election for or against such amendments, the Governor shall thereupon issue his proclamation that these amendments are then in force.

APPROVED June 22,

1917.

BONDS.

PENALTIES FOR FALSE STATEMENTS RELATIVE TO SURETIES ON

BAIL BONDS.

schedules

approved June 21, 1895, hereby repealed.

§ 1. Person making false statement on § 2. Act to prevent the making of false oath relative to property of proposed surety on bail, bond or recognizance, guilty of perjurysubornation of perjury.

AN ACT to make it a criminal offense to make or suborn the making of false schedules under oath or affirmation or to testify falsely as to the qualifications of sureties on bail bonds and recognizances, to provide a punishment therefor and to repeal a certain Act therein named.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That any person who in any affidavit, document, schedule or other application to become surety or bail for another on any bail bond or recognizance in any civil or criminal proceeding then pending or about to be started against such other

person, having taken a lawful oath or made affirmation, shall swear or affirm wilfully, corruptly and falsely as to the ownership or liens or incumbrances upon or the value of any real or personal property alleged to be owned by the person proposed as surety or bail, the financial worth or standing of such person proposed as surety or bail, or as to the number or total penalties of all other bonds or recognizances signed by and standing against said proposed surety or bail, or any person who, having taken a lawful oath or made affirmation, shall testify wilfully, corruptly and falsely as to any of said matters for the purpose of inducing the approval of any such bail bond or recognizance; or for the purpose of justifying on any such bail bond or recognizance, or who shall suborn any other person to so swear, affirm or testify as aforesaid, shall be deemed and adjudged guilty of perjury or subornation of perjury (as the case may be) and punished accordingly.

§ 2. That "An Act to prevent the making of false schedules for the purpose of justifying as bondsmen in civil and criminal cases," approved June 21, 1895, in force July 1, 1895, be and the same is hereby repealed.

APPROVED June 21, 1917.

3

AN ACT to amend an Act entitled, "An Act concerning Canada thistles," approved and in force March 15, 1872, by amending sections 1, 2, and 6 of said Act.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That an Act entitled, "An Act concerning Canada thistles," approved and in force March 15, 1872, as subsequently amended, be and the same is hereby amended by amending sections 1, 2, 3 and 6 of said Act so that said sections, when amended, shall read as follows:

§ 1. That there may be appointed by the board of town auditors, in counties under township organization, and by the county commissioners in counties not under township organization, for each township or road district, and by the city council of any city or by the president and trustees of any town or village, as the case may be, some competent person to be styled "Commissioner of Canada Thistles," who shall take the oath required of township, road district, city or village officers, as the case may be, and shall hold his office for the term of two years and until his successor is appointed and qualified, and he shall receive for his compensation, the sum of three dollars a day for each full day necessarily spent in the performance of his duty, to be verified by