NATIONAL BANKING UNDER THE FepERAL RESERVE SYSTEM
Suerion 7. The cashier of this bank shall be responsible for all the moneys, funds,
and valuables of the bank, and shall give bond, with security to be approved by the
board, in the penal sum of. .....................dollars, conditioned for the faithful
and honest discharge of his duties as such cashier, and that he will faithfully apply and
account for all such moneys, funds, and valuables, and deliver the same to the order of
the board of directors of this bank, or to the person or persons authorized to receive
them.
Section 8. The president of this bank shall be responsible for all such sums of money
and property of every kind as may be intrusted to his care or placed in his hands by
the board of directors or by the cashier, or otherwise come into his hands as president,
and shall give bond with security to be approved by the board, in the penal sum of
Co .... .........dolars, conditioned for the faithful discharge of his duties
as such president, and that he will faithfully and honestly apply and account for all
sums of money and other property of this bank that may come into his hands as such
president, and pay over and deliver the same to the order of the board of directors, or
to any other person or persons authorized by the board to receive the same.
Section 9. The teller shall be responsible for all such sums of money, property and
funds of every description as may from time to time be placed in his hands by the
cashier, or otherwise come into his possession as teller; and shall give bond, with
security to be approved by the board, in the penalty of. ....... ............dollars,
conditioned for the honest and faithful discharge of his duties as teller, and that he will
faithfully apply, account for, and pay over all moneys, property, and funds of every
description that may come into his hands, by virtue of his office as teller, to the order
of the board of directors aforesaid, or to such person or persons as may be authorized
to demand and receive the same.
Seal
Section 10. The following is an impression of the seal adopted by the board of
directors of this bank:
(IMPRESSION
OF SEAL)
Conveyance of Real Estate
SgcrioN 11. All transfers and conveyances of real estate shall be made by the
association, under seal, in accordance with the orders of the board of directors, and
<hall be signed by the president or cashier.
Increase of Stock
Sreron 12. Whenever an increase of stock shall be determined upon, in accordance
with law, it shall be the duty of the board to notify all the shareholders of the same,
and to cause a subscription to be opened for such increase of capital. In the increase
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