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Penalty for failing to com. ply with these

provisions.

Form of re

port.

bank or banking institution is located, or if there be no newspaper in that place, then in the newspaper published in the place nearest thereto. Any bank or banking institution failing to comply with any of the provisions contained in this section shall be subject to the penalty mentioned in section one hundred and thirty-one; such penalties to be collected by a suit to be brought by the Attorney General, at the written request of the State Treasurer, at the seat of government, or before any court of competent jurisdiction in the District wherein such bank or banking institution is located, by any of its stockholders or creditors, and all moneys so collected shall be paid into the Treasury of the State to the credit of the general fund.

SEC. 133. Banks, trust and savings banks and other banking institutions, having capital stock and not operating under Act number one hundred and sixty-six, approved March fifteen, one thousand eight hundred and fifty-five, shall make their report in the following form:

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State of Louisiana, at the close of business, on the

in the day of

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3. Louisiana State bonds $-, market value...
4. City premium bonds $-, market value......
5. Other bonds or stocks.....

6. Loans on mortgage maturing after ninety days..
7. Loans on mortgage maturing within ninety days
8. Other loans and discounts maturing after ninety
days....

9. Other loans and discounts maturing within ninety

days ....

10. Loans on demand...

11. Over drafts......

12. Due from other banks and bankers...

13. Furniture and fixtures

14. Current expenses.

15. Cash items

Gold coin...

Silver coin...

National Bank notes.....

U. S. notes....

Total.....

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above statement is true to the best of our knowledge and belief.

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SEC. 134. Savings banks and other banking institutions having no capital stock shall report their resources and liabilities in the following form:

Report of the condition of the

at

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State of Louisiana, at the close of business on the

in the

day of

Form of report of banking institutions having no capital stock.

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2. United States bonds, amount $—, market value. 3. Louisiana bonds, $-, market value.....

4. City premium bonds, $-, market value

5. Other bonds or stocks

6. Loans on mortgage maturing after ninety days.. 7. Loans on mortgage maturing within ninety days 8. Other loans and discounts maturing after ninety days

9. Other loans and discounts maturing within ninety days..

10. Loans on demand.

11. Over drafts.....

12. Due from other banks and bankers

13. Furniture and fixtures

14. Current expenses

15. Cash items

Gold coin..

Silver coin.

National Bank notes.

United States notes

Total....

...

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do solemnly swear that the

above statement is true to the best of our knowledge and belief.

President or Cashier.

Directors.

State Treas

arer to compile reports to the General Assem

and transmit

bly.

Right of the Treasurer and

Auditor to ex

State of Louisiana, parish of

Sworn to and subscribed before me this

day of

188-.

N. P.

And such banks shall also furnish with their reports the following information: The number of open accounts on their books and the rate of dividends declared for the past year, and the rate per centum of interest paid on deposits bearing interest during the past year.

SEC. 135. The State Treasurer shall compile the reports received by him during each year under this Act, and also the reports from banks or banking institutions operating under Act number one hundred and sixty-six, approved March fifteen, one thousand eight hundred and fifty-five, and he shall cause the tables so compiled to be printed and transmitted to the General Assembly, at the beginning of each regular session thereof.

SEC. 136. The State Treasurer and State Auditor, whenever they may deem it necessary to do so, shall have the right to examine the affairs of all banks and banking institutions organing institutions. ized under the laws of the State.

amine the affairs of bank

Committee of

bly to exam

SEC. 137. It shall be the duty of the General Assembly, at General Assem- each of its regular sessions, to appoint a joint committee, comine and report posed of two members of the Senate and three members of the the condition of House, whose duty it shall be to examine the affairs of all banks banking institu. and banking institutions in the State, and to report on the condi

banks and

tions.

1882-109.

to make and publish only quarterly reports.

tion thereof to the General Assembly.

SEC. 138. Hereafter all banks, whether chartered or not by etc., the State, all private banks, and all persons acting in a banking or fiduciary capacity, receiving deposits, buying and selling exchange, etc., shall be required to make only quarterly statements of their condition under oath, and publish the same in one or more of the daily journals of the city of New Orleans. And banks that are or may hereafter be organized in any incorporated town or city in the State, shall publish a statement as above provided, in any daily paper published in the town or city in which the bank is situated, and if there is no daily paper, then a weekly.

BATTURE.

SECTION.

Rights of riparian owners in cities and towns....

.139

arian owners in

SEC. 139. Whenever the riparian owner of any property in 1885-37. the incorporated towns or cities in this State is entitled to the Rights of ripright of accretion, and batture has been formed in front of his cities and towns land more than is necessary for public use, which the corporation withholds from him, he shall have the right to institute suit against the corporation for so much of the batture as may not be necessary for public use, and if it be determined by the court that any portion of it be not necessary for public use, it shall decree that the owner is entitled to the property, and shall compel the corporation to permit him to enjoy the use and ownership of such portion of it.

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as

on

SEC. 140. The rate of damages to be allowed and paid upon the 1855-47 usual protest for non-acceptance or non-payment of bills of Damages exchange, drawn or negotiated within this State, shall be protested bills. follows: On all bills drawn on and payable in foreign countries, ten dollars upon the hundred upon the principal sum specified in such bills; on all bills drawn on and payable in any other State in the United States, five dollars upon the hundred upon the principal sum specified in such bill.

SEC. 141. Damages shall be in lieu of interest, charges of What interest protest, and all other charges incurred previous to, and at the allowed. time of, giving notice of non-acceptance or non-payment, but the holder shall be entitled to demand and recover lawful interest apon the aggregate amount of the principal sum, and of the damages thereon from the time at which notice of protest, for non-acceptance or non-payment shall have been given, and payment of such principal sum shall have been demanded.

ascertained

SEC. 142. If the contents of the bill be expressed in the money Principal and of account of the United States, the amount of the principal and damages, how of the damages shall be ascertained and determined without any when in United reference to the rate of exchange existing between this State and States currency the place on which such bill shall have been drawn at the time of the demand of payment or notice of non-acceptance or nonpayment.

When the

pressed in a for

SEC. 143. If the contents of such be expressed in the money amount is ex of account or currency of any foreign country, then the principal, eign currency, as well as the damages payable thereon, shall be ascertained and damages, how determined by the rate of exchange; but whenever the value of such foreign coin is fixed by the laws of the United States, then the value thus fixed shall prevail.

ascertained.

1880-16.

rest.

SEC 144. All promissory notes, bills of exchange, and commercial paper which by law or commercial usage are required to be protested for non-payment, shall be due and payable the day following the third or last day of grace, if the third or last day of grace be a Sunday or legal holiday; and should the day succeeding the last or third day of grace also be a Sunday or Days of public legal holiday, then such promissory notes, bills of exchange, or commercial paper shall be payable on the following day, not a Sunday or legal holiday; and in computing the delay allowed for giving notice of non-acceptance or non-payment of a bill of exchange or promissory note, or other commercial paper, the days of public rest or legal holidays shall not be counted, and if the day or two days next succeeding the protest for non-acceptance or non-payment shall be days of public rest or legal holidays, then the day next following shall be computed as the first day after the protest.

Notaries in

New Orleans

authorized to protest

SEC. 145. Notaries public in the city of New Orleans are empowered to protest bills of exchange, notes and other negotiable effects throughout the parish of Orleans, and in default of throughout the notaries and Parish Recorders in the country, any Justice of the Peace may protest promissory notes and bills of exchange in the presence of two persons residing in the parish, who shall certify and subscribe the same as witnesses.

parish. Who

may protest in the country.

accommodation

drawers in certain cases.

SEC. 146. Whenever promissory notes are indorsed for the Indorsers of benefit of the drawer or drawers thereof, and the same is mennotes liable as tioned on the notes, if the drawer or drawers cause the notes to be discounted in any bank in operation within this State, or obtain any sum of money in consideration of the notes from any person, the indorsers shall by law be bound towards the bearers of the notes as if they had been discounted or negotiated for their own account and benefit.

SEC. 147. Upon all bills of exchange and promissory notes Days of grace. made negotiable by law, or by the usage and custom of merchants in this State, three days of grace shall be allowed.

1858-128.

SEC. 148. Upon all bills of exchange at sight, and upon all drafts or orders for money on demand, payable at any place not allowed on within this State, no days of grace shall be allowed.

Days of race

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