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1927—Chapter 47—48 53
whoever being an officer, employee, agent, or director of a bank,
makes or permits the making of a false statement or certifi-cates,
as to a deposit, trust fund or contract, or makes or per-mits
to be made a false entry in a book, report,, statement or
record of such bank, or conceals or permits to be concealed by
any means or manner, the true and correct entries of said
bank, or its true and correct transactions, who knowingly
loans, or permits to be loaned, the funds or credit of any bank
to any insolvent company or corporation, or corporation which
has ceased to exist, or which never had any existence, or upon
collateral consisting of stocks or bonds of such company or
corporation, or who makes or publishes or knowingly permits
to be made or published a false report, statement or certificate
as to the true financial condition of such bank, shall be guilty
of a felony and upon conviction thereof shall be fined not more
than ten thousand dollars or imprisoned in the State's prison Punishment.
not more than thirty years, or both.
Sec. 17. That section eighty-five, chapter four. Public Laws Section 85
one thousand nine hundred and twenty-one, being section two ^'"^"
hundred and twenty-four (g), Consolidated Statutes, be and
the same is hereby amended by adding at the end of said sec-tion
the following: "Provided, that in any indictment here-under
insolvency shall not be deemed to include insolvency as
defined under subsection (d) in the definition of insolvency
under section two hundi'ed and sixteen (a), Consolidated
Statutes."
Sec. 18. That section two hundred and twenty-four (i),
Consolidated Statutes, be and the same is hereby reenacted
in full.
Sec. 19. All laws and clauses of laws in conflict with this
act are hereby repealed.
Sec. 20. This act shall be in force and effect from and after
its enactment.
Ratified this the 25th day of February, A. D. 1927.
Proviso: insol-vency
defined.
Section re-enacted.
Repealing clause.
CHAPTER 48
AN ACT TO PROVIDE FOR THE ACQUISITION OF
PARKS AND RECREATIONAL FACILITIES IN THE
GREAT SMOKY MOUNTAINS OF NORTH CAROLINA.
The General Asse))iblij of Norfli Carolina do enact:
Section 1. The committee or commission appointed under
the provisions of resolutions numbers sixteen and twenty-nine
of the General Assembly of North Carolina, passed at its
special session in the year one thousand nine hundred and
twenty-four, be and it hereby is continued in office and consti-
Coniniission con-tinued
in office
and incorporated.
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