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Clement Dorsey. The general public statutory law and public local law of the state of Maryland : from the year 1692 to 1839 inclusive, with annotations thereto,and a copious index.
Volume 141, Page 1103   View pdf image (33K)
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LAWS OF MARYLAND.— 1832.

1103

SEC. 5. And be if enacted. That if any corporation, or any of
its officers, after service, in manner aforesaid, of any notice of
seizure as aforesaid, shall transfer or permit the transfer of
shares in the capital or joint stock of such corporation, or of
any debt transferable upon the books of such corporation,
standing at the time of service in the name of any person or
body corporate, whose interest in such capital or joint stock or
debt, may have been mentioned in such notice to have been
seized or taken, as aforesaid, before the sheriff or coroner or
other officer aforesaid, or the court shall have given notice in
writing that such notice of seizure is withdrawn, such corpora-
tion shall forfeit and pay to the person or persons or body cor-
porate, at whose suit the writ or writs in such notice mentioned.

Any eorpo-
ration, after
service as

aforesaid.
Allowing
transfer of
any such
stock as
attached.

 

issued, the full market value at the time of transfer, or at any
time afterwards, of the stock so transferred, to be recovered by
action on the case as for tort

Liable to
full value.

SEC. 6. And be it enacted, That if at any stage of the pro-
ceeding the writ or writs shall be countermanded or quashed,
or if an attachment or attachments abated or dissolved, or the
debt or sum of money paid to the sheriff or coroner or other
officer, it shall be the duty of the sheriff or coroner or other
officer aforesaid, to give notice in writing to all corporations upon
whom he may have served such notice of seizure as aforesaid,
that he withdraws such notice ; and whenever any such notice
in writing of the withdrawal of any such seizure, either in

If such
writ be
counter-
manded or
debt satis-
fied.
Sheriff shall
give notice
of with-
drawing
said notice.

whole or in part, is received by any corporation, it shall be
lawful for such corporation to permit transfers of stock or debt
affected by such notice of withdrawal, as if such notice of
seizure had never been given ; Provided, that if the notice of
withdrawal, shall extend to part only of such stock or debt, it
shall not be lawful for any such corporation, under the penalty
aforesaid, to permit any transfer which shall not leave standing
in the name of the person or persons or body corporate whose
interest has been seized or taken or mentioned so to be in any
notice of seizure, the full number of shares of stock and amount
of transferable debt which the sheriff or coroner, or other officer
aforesaid has included in his schedule as aforesaid, of which
number of shares and transferable debt it shall be the duty of
the said sheriff or coroner or officer to notify every such corpo-
ration in the notice of withdrawal.

But if of
part only.

Sufficient
shares to be
f reserved to
satisfy.

SEC. 7. And be it enacted, That if any sheriff or coroner, oi
other officer, shall refuse or neglect to give such notice of with-
drawal in any case, in which, by law it ought to be given, it
shall be competent for the court, to which the writ or writs was
or were returnable, by virtue of which any notice of seizure
may have been given, on motion of any corporation or person
whatsoever; after hearing the parties, of on their neglecting tc

On sheriff
neglecting
to give such
notice.

 

 

 

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Clement Dorsey. The general public statutory law and public local law of the state of Maryland : from the year 1692 to 1839 inclusive, with annotations thereto,and a copious index.
Volume 141, Page 1103   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


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