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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 1961   View pdf image (33K)
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LICENSES. 1961

An. Code, sec. 16. 1904, sec. 16. 1888, sec. 19. 1874, ch. 256V

17. Any person applying for the same and paying the sum of one
hundred dollars may obtain a license to carry on the business of pawn
broker.

An. Code, sec. 16A. 1914, ch. 384.

18. Any person, corporation, member or members of a corporation or
firm who loans money on deposits or pledge on personal property or other
valuable thing, other than securities or printed evidences of indebtedness,
or who deals in the purchasing of personal property or other valuable things
on condition of selling the same back again at a stipulated price, is hereby
declared and defined to be a pawnbroker.

An. Code, sec. 17. 1904, sec. 17. 1888, sec. 20. 1842, ch. 257, sec. 3.

19. Any person who shall make it a business to deal in any manner
upon his own account or for others in the purchase or sale of stocks, bills,
notes, bank notes or other obligations shall be deemed and taken to be a
broker; but no person having a license himself shall be obliged to pay a
license for the clerks or agents employed by him.

An. Code, sec. 18. 1904, sec. 18. 1888, sec. 21. 1841, ch. 282, sec. 4.

20. If any person who has obtained such license shall die or shall
remove from and cease to use and exercise the business of a broker there-
under in the county or city therein named before the expiration of the
term therein specified, the benefit of said license for the unexpired term
shall inure to and be continued in his legal representative or assignee upon
application to the proper clerk for that purpose, accompanied by the oath
of the party applying, made before a judge of a court of record and
endorsed on said license that the party or parties to whom said license was
originally granted is or are deceased, or has or have removed from and
ceased, to use or exercise the said business in the county or city named in
said license.

An. Code, sec. 19. 1904, sec. 19. 1888, see. 22. 1841, ch. 282, sec. 4.

21. Upon said application and affidavit the clerk shall, by his endorse-
ment on said license, authorize such legal representative or assignee to use
or exercise the business of such broker for the unexpired term in said
license named.

An. Code, sec. 20. 1904, sec. 20. 1888, sec. 23. 1841, ch. 282, sec. 4.

22. No individual, copartnership or firm, legal representative or as-
signee shall use or occupy at the same time more than one office or place of
business for the transaction of his or their business, but any individual,
copartnership or firm may hold at the same time a license as a stockbroker,
a license as an exchange broker, and a license as a bill broker upon paying
to the clerk the several sums herein prescribed for a license therefor.

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 1961   View pdf image (33K)
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