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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 258   View pdf image (33K)
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358 BANKS AND TRUST COMPANIES. [ART. 11

savings institution or trust company, in the event of the death of the
trustee, the same or any part thereof and any interest due thereon may
be paid to the person for whom the said deposit was made.

1910, ch. 219. sec. 72 (p. 30).

73. When a deposit has been made or shall hereafter be made in
any bank, savings institution or trust company, in the names of two
persons, payable to either, or payable to either or the survivor, such
deposit or any part thereof, or any interest or dividend thereon, may
be paid to either of said persons, whether the other be living or not;
and the receipt or acquittance of the person so paid shall be a valid
and sufficient release and discharge to the bank for any payment so
made.

1910. ch. 219. sec. 73 (p. 30).

74. Legal process against any banking institution may be served
upon such institution in the manner now provided by law for such
service on other corporations organized under the laws of this State.
See art. 23. sections 87 and 92.

1910, ch. 219, sec. 74 (p. 30).

75. No person, copartnership or corporation engaged in the banking
business in this State, not subject to supervision and examination by
the Bank Commissioner, and not required to make reports to him by
the provisions of this article, shall make use of any sign at the place
where such business is transacted, having thereon any artificial or
corporate name or other words indicating that such place or office is
the place or office of a banking institution as defined in this article;
nor shall such person or persons make use of or circulate any letter-
heads, billheads, blank notes, blank receipts, certificates, circulars or
any written or printed or partly written and partly printed paper what-
ever having thereon any artificial or corporate name, or other word or
words indicating that such business is the business of a banking insti-
tution. Any person or persons violating any of the provisions of this
section, either individually or as an interested party in any copartner-
ship or corporation, shall be guilty of a misdemeanor and, on convic-
tion thereof, shall be fined in a sum not more than one thousand dollars,
or by imprisonment not more than one year, or by both fine and
imprisonment; provided, however, that this section shall not apply to
an individual or copartnership who displays his individual or copartner-
ship name as bank or bankers on its banking house or office, and upon
its stationery and literature.

1910. ch. 219. sec. 75 (p. 31).

76. At all meetings of the stockholders of a bank or trust company
for elections and other purposes, no person shall be allowed to vote on
any share or shares of stock at such meetings, either in person or by
proxy, unless the said person shall, if required by a stockholder, make
oath before the judges of election, or other officers of the meeting, that

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 258   View pdf image (33K)
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