to the registration of architects in the State
of Maryland. All persons seeking to practice
architecture in the State must submit their
qualifications to the Board or pass its ex-
amination before being registered and li-
censed to practice (Code 1957, 1971 Repi-
Vol., 1975 Supp„ Art. 43, sees. 515-28).
STATE ATHLETIC COMMISSION
Chairman: D, Chester O'Sullivan, 1981
William 1. Garner, Jr., 1979; Ben Alper-
stein, 1981; William 0. Draper, Sr , 1981.
Jack Cohen, Executive Secretary
One South Calvert Street,
Baltimore 21202 Telephone: 383-4142
The State Athletic Commission, estab-
lished by Chapter 710, Acts of 1920, con-
sists of five members appointed by the Gov-
ernor with the advice and consent of the
Secretary of Licensing and Regulation for
six-year terms. The Commission has super-
vision over all boxing shows, wrestling
matches and closed circuit telecasts sched-
uled and held in the State of Maryland. It
enacts and enforces such rules as are neces-
sary to govern these bouts It licenses all
corporations, associations or persons spon-
soring such bouts, and all referees, man-
agers, seconds, and participants. The Com-
mission collects from all sponsors of boxing
and wrestling matches a fe^ equal to ten
per cent of the gross gate receipts and also
ten per cent of the sale of radio, television,
or motion picture rights to boxing and
wrestling events (Code 1957, 1972 Repi.
Vol., Art. 56, sees. 109-26).
Staff: 2.
BANK COMMISSIONER
William L. Wilson, Bank Commissioner
Albert E. dark, Deputy Bank Commissioner
Charles R. Georgius, Chief Examiner
One North Charles,
2005 Blaustein Building,
Baltimore 21201 Telephone: 383-2480
The office of the Bank Commissioner was
created by Chapter 219, Acts of 1910. The
Bank Commissioner is appointed by the
Secretary of Licensing and Regulation, with |
the approval of the Governor and holds
office at the pleasure of the Secretary of
Licensing and Regulation. The Department
has general supervision over all banking in-
stitutions in the State other than national
banks. It must examine each institution at
least twice in eighteen months and at such
other times as the Commissioner may deem
expedient and at any time upon request of
the board of directors of the institution.
Whenever the capital stock of an institution
is reduced by impairment, and such impair-
ment is not made good as prescribed by
law, the Bank Commissioner may take pos-
session, as provided by law, and retain
possession until it resumes business or is
placed in final liquidation. The law further
provides for the removal by the Bank Com-
missioner of any director or officer of any
State banking institution who shall have vio-
lated or continue to violate any law relating
to such an institution, or shall have con-
tinued unsafe or unsound practices in con-
ducting the business of such institution after
having been duly warned by the Bank Com-
missioner to discontinue such violations of
law or such unsafe or unsound practices If
a banking institution, excepting a national
bank, fails, the Bank Commissioner acts as
receiver, liquidates its assets, and terminates
its affairs under the jurisdiction of the court.
The Commissioner may delegate this power
to the Deputy Commissioner or a senior ex-
aminer (Examiners IV and III). Every bank
and trust company is required to submit to
the Bank Commissioner, under oath, at
least two reports in each calendar year; such
reports must exhibit in detail the resources
and liabilities of the institution and show
its true condition. These reports are pub-
lished in the local newspapers. All mutual
savings institutions are required to report
their condition to the Commissioner on June
30 and on December 31 of each year. The
December 31 report of such institutions is
required to be published. The Commis-
sioner's office examines the reports, and
when necessary, verifies them and corrects
any irregularities or recommends changes.
All new State banking institutions must
organize under the supervision of the De-
partment and must obtain from it a cer-
tificate before opening for business. The |
