COEPOEATIONS. 685

visions, imposes duties upon the sheriff, and confers authority upon the court which
excludes an intention that the section should be applicable to the stock of a foreign
corporation. Corporate stock is attachable only when a statute allows it, and the
authority extends only to corporations existing in this state. U. S. Express Co. v.
Hurlock, 120 Md. 112.

The requirements of secs. 392 and 393 of the Code of 1904, held not to have been
complied with, nor was the corporation made a defendant, as was necessary to the
court's jurisdiction to condemn the stock. Amendment. Morton v. Grafflin, 68
Md. 557.

Sec. 391 of the Code of 1904 cited but not construed in Duvall v. Hambleton,
98 Md. 15.

See notes to sec. 83. And see secs. 63 and 64.

An. Code, sec. 69. 1904, sec. 399. 1888, sec. 285. 1868, ch. 471, sec. 206.
1908, ch. 240, sec. 44.

81. Tf any corporation shall refuse to permit any transfer or to issue
a new certificate as authorized to be made and issued by the preceding
section, the court to which the writ is returnable or any judge thereof in
vacation may punish by process of contempt all persons so refusing to
permit such transfer or to issue such certificate and the corporation shall
be liable for all damages sustained by the purchaser by reason of the refusal
to make such transfer and issue such certificate.

This section and sec. 80 are applicable only to corporations created by this state.
See notes to sec. 80. U. S. Express Co. v. Hurlock, 120 Md. 113.

Secs. 398 and 399 of the Code of 1904, referred to in upholding a sale and transfer
of stock on the books of the corporation against a pledgee unknown either to the
execution creditor, purchaser or corporation, and who was guilty of laches. Noble v.
Turner, 69 Md. 525.

An. Code, sec. 70. 1908, ch. 240, sec. 45.

82. If the writ of execution or attachment shall be issued by a justice
of the peace, the power and authority vested by the two preceding sections
in a court or any judge thereof, shall be vested in and exercised by the
court or judge having jurisdiction on appeal from such justice of the
peace.

An. Code, sec. 71. 1904, sec. 391. 1888, sec. 277. 1868, ch. 471, sec 198 1886 ch 287

1908, ch. 240, sec. 46.

83. No execution or attachment issued or levied upon the shares of
any defendant in the capital stock of a corporation standing on its books
in his name, shall affect any other interest than such as such defendant
actually had in such shares at the time of the delivery to the corporation
by the sheriff or other execution officer of the notice required by section
80 of this article. Nor shall any such execution or attachment in any way
affect the right, title or interest of any bona fide purchaser or pledgee for
value without actual notice of such execution or attachment, who shall have
received the certificate of stock with a written transfer thereof endorsed
thereon (or with a written power of attorney to sell, assign or transfer the
same), signed by the person named as stockholder in such certificate. And
such purchaser or pledgee shall have power to name any person as attorney
to transfer the shares to him on the books of the corporation; and upon and
after the production and delivery of the original certificate to the corpora-