LOANS—PETTY. 2085

of one thousand dollars ($1,000) with one or more sureties to be approved
by said Bank Commissioner, which bond shall run to the State of Mary-
land for the use of the State and of any person or persons who may have
a cause of action against the obligor of said bond under the provisions of
this Article. Such bond shall be conditioned that said obligor will con-
form to and abide by each and every provision of this Article, and will
pay to the State, and to any such person or persons, any and all moneys
that may become due or owing to the State and to such person or persons
from said obligor, under and by virtue of the provisions of this Article.

An. Code, sec. 4. 1918, ch. 88, sec. 4.

4. Upon the filing of such application and the approval of said bond
and the payment of said fee, the Bank Commissioner shall issue a license
to the applicant to make loans in accordance with the provision of this
Article for a period which shall expire the first day of May next follow-
ing the date of its issuance. Such license shall not be assignable.

An. Code, sec. 5. 1918, ch. 88, sec. 5.

5. If in the opinion of the Bank Commissioner the bond shall at any
time appear to be insecure or exhausted, or otherwise doubtful, an addi-
tional bond in the sum of not more than one thousand dollars ($1,000)
satisfactory to the Bank Commissioner shall be filed and upon failure of
the obligor to file such additional bond, the license shall be revoked by
the Bank Commissioner.

An. Code, sec. 6. 1918, ch. 88, sec. 6.

6. The Bank Commissioner may, upon notice to the licensee and
reasonable opportunity to be heard, revoke such license if the licensee has
violated any provision of this Article; and in case the licensee shall be
convicted by a Court a second time of a violation of section fourteen (14)
of this Article the Bank Commissioner shall revoke such license; pro-
vided that the second offense shall have occurred after a prior conviction,
in which case another license shall not be issued to such licensee.

An. Code, sec. 7. 1918, ch. 88, sec. 7.

7. The license shall be kept conspicuously posted in the place of busi-
ness of the licensee.

An. Code, sec. 8. 1918, ch. 88, sec. 8.

8. No person, co-partnership, or corporation so licensed shall make
any loan or transact any business provided for by this Article, under any
other name, or at any other place of business, than that named in the
license. Not more than one place of business, shall be maintained under
the same license, but the Bank Commissioner may issue more than one
license to the same licensee upon the payment of an additional license fee
and the filing of an additional bond for each license.