592 CORPORATIONS. [ART. 23

1904, art. 23, sec. 109. 1900, ch. 272, sec. 85 B.+

121. All corporations hereafter organized under any of the laws of
this State, except as excepted in the preceding section, which shall not
within two years from the date of the granting of their charters or
certificates of organization actually organize and begin business shall,
in addition to other taxes required by law to be paid annually after the
expiration of the two years aforesaid, pay to the treasurer a franchise
tax equal to one-eighth of one per cent, per annum until the said corpora-
tion actually organizes and begins business upon the amount of its
capital stock required to be subscribed, before it begins business; on
default of such payment annually all the corporate rights and franchises
of such corporation shall be suspended until such payments have been
made.

This section referred to in construing section 120—see notes thereto.
Murphy v. Wheatley, 102 Md. 503.

Ibid. sec. 110. 1900, ch. 272, sec. 85 c.*

122. All corporations mentioned in section 120 and thereby required
to renew their corporate rights and franchises, shall be required annually
after such renewal, and until they actually organize and begin business,
to pay the franchise tax required under the next preceding section of
corporations hereafter organized, with like penalties in case of default.
The several corporations mentioned, in sections 120, 121 and 122 of this
article, shall be liable for the payment of the franchise tax imposed
herein upon their respective corporations, and. in the same manner as
though they had jointly and severally agreed to pay the same; and the
state tax commissioner is hereby charged with the duty of carrying the
provisions of said sections into effect by assessing the said franchise tax
upon the several corporations in said sections required to pay the same.
This section referred to in construing section 120—see notes thereto
Murphy v. Wheatley, 102 Md. 503.

Ibid. sec. 111. 1902, ch. 589. 1904, ch. 93.

123. From and after a period of one month subsequent to the first
day of April, in the year 1904, every association or corporation doing
business in the State of Maryland employing wage-workers, whether
skilled or ordinary laborers, engaged in manual or clerical work, in the
business of mining, manufacturing, operating a steam or electric rail-
road, street railway, telegraph, telephone or express company, shall
make payment in lawful money of the United States semi-monthly to
said employees, laborers and wage-workers, or to their authorized agents,
at their respective places -of employment, at intervals of not more than
sixteen days and not more than fourteen days. In case any said corpora-
tions or associations doing business as aforesaid, or any of their officers,

+ Should have been called 85 O.
* Should have been called 85 P.