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Ibid. sec. 4. 1860, art. 12, sec. 11. 1834, ch. 305.

4. In all such cases, the majority of the creditors in amount shall have the right on application made to the said court to require the trustee or trustees who shall be appointed by any bank for the benefit of the said creditors to give bond and security to the State of Maryland in such sum and with such security as the said court may require and approve, for the faithful performance and execution of the trust; and on neglect or refusal so to do, to surrender up the trust; and the said bond shall be filed and recorded with all other of the proceedings, and a copy of the same, authenticated in the usual form, shall be evidence.

Ibid. sec. 5. 1860, art. 12, sec. 12. 1852, ch. 314, secs. 1, 6.

5. Every bank and incorporated institution in this State which is in the habit of receiving deposits and declaring dividends shall cause to be published in some newspaper printed in the county in which such bank or institution may be located, or in the city of Baltimore, as the case may be, once a week for three successive weeks in the month of September in each year, a list of the deposits and dividends which have been of more than three years' standing, and uncalled for and unclaimed, together with the names of the parties to whose credit they stand on the books of such bank or institution, and their respective amount; this section not to apply to savings banks, nor to institutions which receive deposits and compound the interest and dividends as they become due.

1888, art. 11, sec. 6. 1860, art. 12, sec. 13. 1852, ch. 314, sec. 3.

6. All the expenses incurred by the said bank or corporated institution in making out and publishing the said lists shall be paid out of and be deducted pro rata from the dividends and deposits unclaimed and uncalled for as aforesaid.

Ibid. sec. 7. 1860, art. 12, sec. 14. 1852, ch. 314, sec. 2. 7. If any bank or incorporated institution aforesaid shall in any year fail or neglect to make the publication required by section 5 of this Article, the president of such bank or incor

porated institution shall be liable to a fine of not less than fifty nor more than one hundred dollars, to be recovered by indictment in the circuit court for the county where the said bank or institution may be located, or in the criminal court of Baltimore, as the case may be.

1894, ch. 329, sec. 7A.

8. In the month of October, in the year 1895, and in every second year thereafter, the treasurer of every savings bank or savings institution in the State of Maryland shall deliver to the comptroller a written statement sworn to by him or by the president of such savings bank, containing the name and amount standing to his or her credit, of every depositor who shall not have made any deposit therein or withdrawn any money upon their accounts for the period of twenty years next prior to the first day of the preceding September; provided, that this section shall not apply to the deposit made by any person known to the said treasurer to be living. The comptroller shall communicate the statements which shall be so delivered to him to the General Assembly in his next report.

Ibid. sec. 7B.

9. Any treasurer of any savings bank in the State of Maryland who shall fail or neglect to comply with the provisions of the preceding section shall be subject to a fine of five hundred dollars for each failure or neglect, to be recovered by indictment in the circuit court for the county where the savings bank may be located, or in the criminal court of Baltimore, as the case may be.

1888, art. 11, sec. 8. 1860, art. 12, sec. 16. 1840, ch. 85.

10. The courts of this State, upon petition of any party holding or being possessed in trust of the notes payable on demand or to bearer, of any insolvent banking corporation, may direct an inspection and audit of such bank notes, and after a particular count and statement thereof, made under order of and filed in court, shall direct such bank notes to be burned or destroyed by the sheriff of the county in the presence of the petitioner or

his counsel, and a report of such burning and destruction shall be made to the court giving such order.

Ibid. sec. 9. 1860, art. 12, sec. 17. 1836, ch. 272.

11. Any bank may recover on a note made payable to such bank, or made payable to any of its officers.

Ibid. sec. 10. 1860, art. 12, sec. 18. 1898, ch. 277.

12. Every banking association authorized by its charter to do a banking business in this State shall make to the treasurer of the State of Maryland not less than five reports during each year according to the form which may be prescribed by him, which reports shall be verified by the oath or affirmation of the president, cashier or treasurer of such association or trust company, and attested by the signatures of at least three of the directors thereof, such oath or affirmation to be made before any officer of this State authorized to take acknowledgments of deeds; and every report so made shall exhibit in detail and under appropriate heads the resources and liabilities of such association, at the close of business on any past day by him, the treasurer, specified, and which said reports, respectively, shall be transmitted to the treasurer of this State within five days after the receipt of his request or requisition therefor, and a summary of such report shall be published in some newspapers published in the city or county where such association in this State may be located, and if there be no newspapers published in such city or county, then such summary shall be published in a newspaper published in a county adjacent thereto; the publication of which said reports shall be at the expense of the respective associations in this State thus making the same; and such proof of publication shall be furnished as may be required by the treasurer. The treasurer shall also have power to call for special reports from any such association in this State, whenever in his judgment the same are necessary in order to invest him with a full and complete knowledge of its condition.

1888, art. 11, sec. 11. 1860, art. 12, sec. 19. 1864, ch. 13. 13. The several banks of this State now having authority to issue notes are hereby authorized and empowered to issue

twenty per cent. of their capital stock actually paid in, in notes of a less denomination than five dollars, but no note shall be issued of a less denomination than one dollar; and nothing herein shall be construed to enlarge the total amount of the notes to be issued by any bank beyond what is now allowed by law.

Ibid. sec. 12. 1865, ch. 144, sec. 1.

14. Any bank, savings institution or savings bank, incorporated under the laws of this State, may become an association for the purpose of banking under the laws of the United States; provided, it shall first comply with all the requirements of the Act of the first session of the Thirty-Eighth Congress of the United States, entitled, "An Act to provide a national currency secured by a pledge of the United States bonds, and to provide for the circulation and redemption thereof."

Ibid. sec. 13. 1865, ch. 144, sec. 2.

15. Before any bank, savings institution or savings bank of this State shall avail itself of said privilege, and of the aforesaid Act of Congress, its stockholders, by and with the written advice and consent of the owners of three-fourths of the capital stock of said bank, savings institution or savings bank, or at a special meeting called for the purpose, shall decide whether the said bank, savings institution or savings bank shall or shall not become an association for the purpose of banking under the laws of the United States; and at said meeting every stockholder may cast one vote for each share of stock held by him or her; and every stockholder who shall be absent from said meeting may vote by proxy; and every executor, administrator, guardian or trustee holding stock in said bank, savings institution or savings bank may vote in person or by proxy, without incurring any responsibility by such vote; and the treasurer of Maryland is hereby authorized and directed to represent and vote the stock held by the State in any bank, savings institution or savings bank of this State; and if, on casting up the vote at the said meeting, it shall appear that the owners of two-thirds of the capital stock of said bank, savings institution or savings bank, are in favor of converting the said

bank, savings institution or savings bank into an association for the purpose of banking under the laws of the United States, the directors of said bank, savings institution or savings bank, or a majority of them, may execute the organization certificate, and such other papers as shall be necessary, and may perform all acts required by law for enabling the said bank, savings institution or savings bank to become such association.

1888, art. 11, sec. 14. 1865, ch. 144, sec. 3.

16. Whenever any bank, savings institution or savings bank in this State shall present to the clerk of the court of appeals of Maryland a certificate from the comptroller of the currency, setting forth under his hand and official seal, that the bank, savings institution or savings bank had become an association for the purpose of banking under the laws of the United States, the said clerk shall record such certificate, and shall send an authenticated copy thereof to the governor of the State, who, on receiving the same, shall give notice for at least three weeks in some newspaper printed in the city or county where said bank, savings institution or savings bank is located, that said bank, savings institution or savings bank has been converted into such association, and that its charter as granted by the General Assembly of Maryland has been surrendered, and thereupon all its corporate powers shall cease; provided, nevertheless, that said bank, savings institution or savings bank may continue to use its corporate name for the purpose of prosecuting and defending suits instituted by or against it, and of enabling it to close its affairs, but not for the purpose of continuing under the laws of this State, the business for which it was established; and no bank, savings institution or savings bank thus converted into a banking association under the laws of the United States shall re-issue for circulation any of the notes issued during its existence under the laws of the State, for more than one year after its charter has been surrendered; provided, that the existing laws of the State providing for taxes on the State banks for the purposes enumerated therein shall extend and apply to all State banks and other institutions availing themselves of the provisions of sections 14-18, when they shall have become banking associations under the Act of

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