The Evolution of People's Banks Nos. 231-232

Cover The Evolution of People's Banks Nos. 231-232
The Evolution of People's Banks Nos. 231-232
Donald Skeele Tucker
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These include : Digitized by Google 193] ^^^ STRUCTURE OF A PEOPLE'S BANK 193 (i) The choice of members of the board of supervisors, and usually of the board of officers as well. Under the present German law supervisors may under no cifcumstances be chosen in any way other than by the general assembly.
(2) The dismissal of members of the board of supervis- ors. Members of the board of officers also may be dismissed by the general assembly and by them alone, but the officers may also be temporar
...ily suspended by the board of supervisors.
(3) Regulating the right of officers to appoint deputies to perform their duties for them. Such deputies are occasionally necessary, but it is important to restrict their choice for a bank may be wrecked as easily by an incompetent deputy as by an incom- petent officer.
(4) The decision to sue members or former members of the boards of supervisors or officers.
(5) The creation of new administrative departments.
(6) The dissolution of the society, if that seems advisable.


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