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The Maryland Code : Public General Laws and Public Local Laws, 1860
Volume 145, Page 603   View pdf image (33K)
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AET. 88.] SHERIFFS. 603

37. If the levy be made under a fieri facias, the sheriff shall
advertise and sell the stock or debt, as if the same were real
estate.

38. If any corporation or its officers, after service of notice of
seizure as aforesaid, shall transfer, or permit to be transferred,
any shares of stock or any debt standing at the time of service
in the name of the defendant, unless the same is released as
hereinafter provided, such corporation shall pay to the plaintiff
in the writ under which such notice was given, the full market
value of the stock or debt so transferred, to be recovered by
action as for tort.

39. If the proceedings under such writ be ended by counter-
mand, payment, or any other cause, before a sale, the stock
seized thereunder shall be released, and the sheriff shall give
notice thereof in writing to the corporation.

40. If the sheriff shall make sale of any shares of stock or
transferable debt, whether he continues in office or not, or
whether he has returned the writ under which the sale was
made or not, he shall transfer the same on the books of the cor-
poration to the purchaser; or if the sheriff making such sale
shall die, or remove from the county, without making such
transfer, the court to which the writ was returnable may ap-
point a person to make the same.

41. If any corporation, or any of its officers, shall refuse to
permit any transfer authorized to be made by the preceding
section, the court to which the writ by virtue of which such
stock or debt was sold was returnable, or any judge thereof in
vacation, may punish by process of contempt all persons so re-
fusing to permit such transfer, and may also cause the proper
book of such corporation to be brought before such court or
judge, and the transfer to be made, and such corporation shall
be liable for all damages sustained by reason of a refusal to
permit a transfer.

42. The purchaser may refuse to accept the transfer of any
stock or transferable debt, unless it be made within thirty days
after the sale, and may bring an action on the case against the
sheriff, officer or corporation, by whose default the said transfer
was delayed or omitted, and recover the value of the stock or

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The Maryland Code : Public General Laws and Public Local Laws, 1860
Volume 145, Page 603   View pdf image (33K)
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