Show HUGHES SIGNED NEW BANKING BILL albany april 17 governor hughes today signed one of the series of bills introduced by tho assembly commit too on banks the new law makes it illegal for officers 01 employed emp loyes of n bank to make or maintain deposits with other tanking institutions on the or condition that the in receiving the deposits shall make an advance or loan to any of a bank making the deposit with it it also makes it unlawful for banking officers to conceal from trustees of their institutions discounts of loans made by their institution or the pur chases or sales of securities in periods between the regular meetings of the board of directors or trustees or for officers or employed emp loyes to receive certificates 0 deposits under an agreement with the depositor that payment can be made to him in advance of the maturity of such certificates |