ART. 23] SAFE DEPOSIT AND FIDELITY COMPANIES. 583

laws of this State other than taxing laws; or to authorize any corpora-
tion now incorporated or hereafter to be incorporated to exercise any
franchise for the furnishing of light, heat or electric power within the
city of Baltimore unless thereunto specifically authorized by the Mayor
and City Council of Baltimore, and nothing herein shall release any
corporation from the payment of any tax or the performance of any
obligation to the State or to any county or city therein due or existing
on the first day of June, in the year nineteen hundred and eight (1908),
or affect or change the remedy provided for the collection or enforce-
ment of the same. Nothing herein shall release, affect or impair the
rights of any creditor or creditors of any corporation or the obligations
or liability of any corporation or of any stockholder or of any corporate
office existing on the said first day of June, in the year nineteen hun-
dred and eight (1908) or the remedies to enforce or protect the same.

This section referred to in construing section 65—see notes thereto. Bet-

tendorf, etc., Co. v. Field, 114 Md. 495; Pittsburg Steel Co. v. Baltimore

Equitable Society, 113 Md. 85.

1904, art. 23, sec. 93. 1888, art. 23, sec. 85. 18G8, ch. 471, sec. 77.

105. Every corporation formed under the provisions of this article
shall be subject to any and all provsions and regulations which may
hereafter, by any change in or amendments of the laws of this State,
be made applicable to such corporation.

This section referred to In deciding that a building association was liable
on a note discounted for the purpose of raising money to pay a borrower the
amount advanced to him. Davis v. West Saratoga, etc., Union, 32 Md. 294.

1904, art. 23, sec. 94. 1892, ch. 109, sec. 85 A. 1910, ch. 219 (p. 6).

106. Every safe deposit, trust, guaranty, loan and fidelity company
or association incorporated under any law of this or any other State,
district or territory, the United States or any foreign country receiving
money on deposit or assuming any obligations in this State, shall semi-
annually on the last business days of June and December, respectively,
or within ten days thereafter, in each and every year, make a full report
in writing of the affairs and condition of such corporation at the close
of business on the last days of June and December, respectively, in each
year, to the treasurer of Maryland, verified by oath, in such form and
by such officers of said respective corporations as said treasurer may
designate, and such report shall state the amount loaned upon bond and
mortgage together with a list of such bonds and mortgages, and the
location of the mortgaged premises, as have not previously been reported,
and also a list of such bonds and mortgages previously reported, as
have since been wholly or in part paid, and the amount of such pay-
ments respectively; the cost, par value, and estimated market value of
all stock investments, designating each particular kind of stock; the
amount loaned upon the pled'ge of securities of whatsoever kind, with a
statement of the securities so pledged and held as collateral for such
loans; the amount invested in real estate, giving the cost of the same;
the amount of cash on hand and on deposit in bank, or wheresoever