JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 817
sell the said shares, or as many of the same as may-
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be necessary, to the highest and the best bidder for
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cash, to satisfy the said taxes, and the costs and ex-
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penses of said sale, including the cost of said adver-
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tisement.
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SEC. 4. And be it enacted, That it shall be the duty
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of the said collector, as soon as practicable after said
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sale or sales, to report the same in writing to the cir-
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To report in
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cuit court of the county, or the City Court of Balti-
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writing.
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more city, as the case may be, with an affidavit of
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the truth thereof, and of the fairness of said sale or
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sales annexed ; and it shall be the duty of said court
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to whom the said sale or sales shall be so reported, at
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the earliest day practicable, to examine into the mat-
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ter of the said report, and if it shall appear to the said
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court that the provisions of this act have been sub-
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stantially complied with, and that the purchase money
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for the said shares of stock so sold, has been paid to
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the said collector, to confirm said sale, and to order
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the president and directors of the said bank to trans-
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To confirm
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fer the said shares of stock so sold, on the books of
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said sale
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said bank, to the purchaser thereof, and to issue a
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certificate to said purchaser therefor ; and said order
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shall entitle the said purchaser to said shares of stock
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so sold as aforesaid; and if said court shall find that
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the provisions of this act have not been complied
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with, said court shall set the said sale aside, and shall
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order the said collector to proceed to sell the said
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shares according to the provisions of this act.
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SEC. 5. And be it enacted, That said State taxes
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Shall be a lien.
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shall be a Hen on said shares of stock, standing in
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the names of such stockholders respectively, from
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the time of the making of said report by said cashier
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as aforesaid until paid, and no transfer of the same
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by said stockholers, after the making of said report
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shall be available to pass any title to the said shares
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of stock until said taxes are so paid as aforesaid.
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SEC. 6. And be it enacted, That if, before the time
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of making said report by said cashier, any of said
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Transferred.
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stockholders having shares of stock standing on the
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books of said bank, in any of the years for which
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said shares have been omitted, to be assessed and
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taxed as aforesaid, shall have bona fide transferred
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said shares or any portion thereof to some other
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52
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