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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 238   View pdf image (33K)
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238 BANKS AND TEUST COMPANIES. [ART. 11

less than ten million, one hundred dollars. When more than ten
million, but less than fifteen million, one hundred and fifty dollars.
When more than fifteen million, but less than twenty-five million, two
hundred dollars. When more than twenty-five million, but less than
forty million, two hundred and twenty-five dollars. When more than
forty million, three hundred dollars. The Bank Commissioner shall
collect the amounts named from the institution examined and pay the
same to the State Treasurer, and he shall draw, on proper orders, from
the State Treasury, the amounts necessary for the salaries and other
expenses of his office.

1910. ch. 219, sec. 17 (p. 10).

17. The amount of two thousand five hundred dollars per annum,
or as much thereof as may be necessary, is hereby appropriated out of
the State Treasury from any funds available toward the salaries and
expenses, including traveling expenses, of the Bank Commissioner's
office, if the amounts collected from the several banking institutions
should not be sufficient for the said salaries and expenses.

1910, ch. 219, sec. 18 (p. 10).

18. Whenever any certified copy or copies of any records or papers
filed in the office -of the Bank Commissioner shall be lawfully required
to be furnished by him, the Bank Commissioner shall be entitled to a
fee of ten cents for each folio for making such copy or copies, and fifty
cents for each certificate. All such fees are to be paid by the Bank
Commissioner into the State Treasury.

1910. ch. 219. sec. 19 (p. 10).

19. The Bank Commissioner shall make an annual report to the
Governor, covering the operations of his office, and suggesting such
amendments to this Article as in his judgment may be desirable, on
the tenth day of February in every year.

Banks.

1910. ch. 219, sec. 20 (p. 10).

20. Any number of persons, not less than five, citizens of the United
States, and a majority of them citizens of this State, may associate to
establish a bank under this Article, upon the terms and conditions and
subject to the liabilities prescribed herein. The aggregate amount of
capital stock for any bank shall not be less than ten thousand dollars
in towns or villages having less than fifteen hundred inhabitants, and
shall not be less than twenty thousand dollars in towns, villages or
cities having more than fifteen hundred and less than thirty-five hundred
inhabitants, and shall not be less than twenty-five thousand dollars in
towns or cities having more than thirty-five hundred and less than five
thousand inhabitants, and shall not be less than thirty thousand dollars
in any city having more than five thousand and less than ten thousand

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 238   View pdf image (33K)
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