ART. 23] SAFE DEPOSIT AND FIDELITY COMPANIES. 587

provisions of this article, or to restrain the transaction of business by
such corporation in this State as it may deem proper. For each and
every day that such corporation attempts to transact business in this
State without having complied with the requirements of section 110 of
this article, it shall forfeit to the State of Maryland the sum of one
hundred dollars, said sum to be collected as any other debt by an action
of debt in the name of the State. Nothing in this section shall apply to
national banks.

This section referred to in construing section 116—see notes thereto.
Coulbourn v. Boulton. 100 Md. 354.

1904, art. 23, sec. 100. 1892, ch. 109, sec. 85 G. 1910, ch. 219 (p. 6).

112. The amount of money which any corporation shall have on
deposit, or hold in trust, or loan at any time, shall not exceed ten times
the amount of its paid-up capital and surplus, and its outstanding loans
shall not at any time exceed said amount; but any such corporation
authorized to receive court deposits may, at any time, receive on deposit
and loan out any money which may be deposited with it by order of any
of the courts of this State, notwithstanding such limitation.*

This section referred to in construing section 116—see notes thereto.
Coulbourn v. Boulton, 100 Md. 354.

Ibid. sec. 101. 1892, ch. 109, sec. 85 H. 1910, ch. 219 (p. 6).

113. Any willful false swearing, relative to the report and examina-
tion hereinbefore provided for, by any person shall be deemed perjury,
and be subject to the prosecutions and punishments for that offense now
or hereafter provided for by law.*

This section referred to in construing section 116—see notes thereto.
Coulbourn v. Boulton, 100 Md. 354.

Ibid. sec. 102. 1892, ch. 109, sec. 851.

114. Whenever it shall be proven to the satisfaction of said treas-
urer that any such corporation has surrendered its charter or ceased to
do business in this State, and has liquidated all its indebtedness to
depositors and creditors, he shall surrender to such corporation any
deposit which may be so held by him in trust for the benefit of the
depositors and creditors of any such corporation.

This section referred to in construing section 116—see notes thereto.
Coulbourn v. Boulton, 100 Md. 354.

Ibid. sec. 103. 1892, ch. 109, sec. 85 K.

115. It shall be the duty of said treasurer to report to the general
assembly, at each regular session, a summary of the state and condition
of every trust or other corporation required to report to him or to be
by him examined; and such summary shall give the date to which such
reports refer, the amount of capital held by each of said corporations,

*This section, so far as it related to trust companies, was repealed by the act
of 1910, ch. 219 (p. 6). As to trust companies, see art. 11, sec, 42, et seq.