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The Annotated Code of the Public General Laws of Maryland, 1914
Volume 373, Page 154   View pdf image (33K)
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154 BANKS AND TRUST COMPANIES. [ART. 11

five million, but less than forty million, three hundred dollars. When
more than forty million, four hundred dollars. When it becomes neces-
sary for the Bank Commissioner to extend his examination beyond the
principal office or building, he shall be paid in addition therefor in each
case fees at the above rates, except in such cases where further examina-
tion is made in the same town or city, when he shall be paid a per diem
fee of not more than $15.00; when such institutions require a special or
unusual examination by the Bank Oommissioner, he shall be paid a per
diem fee of not more than $20.00; he shall also be paid a fee of $5.00
where it is necessary for him to count securities beyond the principal
office or building. 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). 1914, ch. 805, sec. 17.

17. The amount of five thousand 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.

Banks.

1910, ch. 219, sec. 22 (p. 11). 1914, ch. 805, sec. 22.

22. The articles of incorporation shall be executed in triplicate by
the persons joining therein, before any officer authorized to take acknowl-
edgments, and then approved in writing by the Bank Commissioner, who
shall have power to require such changes as he may deem necessary
before he approves them, and shall then be submitted to one of the
judges of the Judicial Circuit in which the bank is to be located, in
order that he may determine whether said articles are framed in accord-
ance with existing laws. One copy shall then be filed for record in the
office of the Clerk of the Circuit Court in the county in which the bank
is to be located, or in the office of the Clerk of the Superior Court of
Baltimore City, when to be located in said city, and one copy shall be
filed with the Bank Commissioner, who shall issue his certificate there-
for, and one copy shall be filed with the State Tax Commissioner. The
corporation so formed shall have no legal existence until all copies of
the articles of association have been filed for record, as herein directed.
The fee for filing such articles of incorporation with the Bank Commis-
sioner shall be ten ($10.00) dollars, and for filing amendments to the-
articles of incorporation, five ($5.00) dollars, all such fees to be col-
lected by the Bank Commissioner.

 

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The Annotated Code of the Public General Laws of Maryland, 1914
Volume 373, Page 154   View pdf image (33K)
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