138 THE FREEDMEN’S SAVINGS BANK
mortgage, or confess any judgment or decree whereby said
company may be charged with any liability, or be deprived
 of any of its assets, or shall make any false entry
in any book, report, or statement of the company, or
wilfully deceive any officer of the company, or any agent
appointed to examine the affairs or condition of the company,
 shall be deemed guilty of misdemeanor, and upon
conviction thereof, shall be punished by imprisonment for
a period not exceeding five years.
Sec. 6 . . . hereafter the officers or agents of said trust
company shall not pay interest on the deposits exceeding
five per centum.
Sec. 7 . . . whenever it shall be deemed advisable by
the trustees of said corporation to close up its entire business,
 then they shall select three competent men, not connected
 with the previous management of the institution
and approved by the Secretary of the Treasury, to be
known and styled commissioners, whose duty it shall be
to take charge of all the property and effects of said
Freedmen’s Savings and Trust Company, close up the
principal and subordinate branches, collect from the
branches all the deposits they have on hand, and proceed
to collect all sums due said company, and dispose of all
the property owned by said company, as speedily as the
interests of the corporation require, and to distribute the
proceeds among the creditors pro rata, according to
their respective amounts; they shall make a pro rata
dividend whenever they have funds enough to pay twenty
per centum of the claims of the depositors. Said commissioners,
 before they proceed to act, shall execute a joint
bond to the United States, with good sureties, in the penal
sum of one hundred thousand dollars, conditioned for the
faithful discharge of their duties as commissioners aforesaid,
 and shall take an oath to faithfully and honestly
perform their duties as such, which bonds shall be executed
in presence of the Secretary of the Treasury, be approved
by him, and by him safely kept; and whenever said trustees
 shall file with the Secretary of the Treasury a certified
copy of the order appointing said commissioners, and they
shall have executed the bonds and taken the oath aforesaid,
 then said commissioners shall be invested with the