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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 720   View pdf image (33K)
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720 ARTICLE 23.

tions 19 or 20 of this article, and the proceedings thereafter shall be similar
to those prescribed in sections 30 to 32 (both inclusive) of this article.1

An. Code, sec. 123. 1904, sec. 111. 1902, ch. 589. 1904, ch. 93.

151. From and after a period of one month subsequent to the first
day of April, in .the year 1904, every association or corporation doing busi-
ness 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 an electric railroad, 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 corporations or associations doing business
as aforesaid, or any of their officers', shall refuse to make payment at the
times above set forth to their wage-workers, laborers or other employees the
wages due them or any of them, said association, corporation or officer so
refusing shall be guilty of a misdemeanor, and be liable to indictment there-
for, and, upon conviction, shall be fined a sum not exceeding two hundred
dollars for each offense...

This section is a duplicate of art. 27, sec. 532.

See sec. 252.

See art. 89, sec. 160.

An. Code, sec. 124. 1904, sec. 112. 1894, ch. 629, sec. 104A.

152. No corporation incorporated under the laws of this State, for
any purpose whatsoever, nor any foreign corporation doing business in this
State, shall offer to procure or act as agent for any person or persons in
procuring or making any loan of money or other valuable thing on the
security of any chattels, nor shall make any loan of money or of any other
valuable thing on the security of any chattels or otherwise, except in its own
proper corporate name and for its own behalf or benefit; and no such cor-
poration making any such loan, as aforesaid, shall be entitled to charge any
borrower of money from it, or shall take from any borrower from it, or other
person, any other thing for or in the name of premium, or of compensation
for renewing or continuing any such loan as it may be authorized to law-
fully make, than lawful interest at the rate of six per centum per annum,
for the term during which -such loan shall be renewed or continued; and
every security taken by any such corporation for any such loan as aforesaid
shall express plainly the period of time for which such loan is made, and
the entire interest agreed to be paid for said loan for the term of such loan,
which entire interest shall in no case nor by any means be made to exceed
the rate of six per centum per annum on the money or other thing loaned
for the term of such loan; and any contract or security for any such loan,

1 Thee following note deals with art. 23, sec. 120, An. Code, 1912 (repealed by act,
1920, ch. 545):

The forfeiture of the charter for non-payment of franchise tax is not a self-executing
provision, but may only be enforced by state. Such non-payment is no defense in an
action by a creditor against a stockholder under sec. 147. Act of 1900, ch. 272, criticised.
Murphy v. Wheatley, 102 Md. 503. And see Frost v. Frostburg Coal Co., 24 How. 278.

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 720   View pdf image (33K)
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