264 ARTICLE 23

owners of such stock on the proper books of said corporation, that fact shall
also be noted, and thereupon he or they only may vote upon the stock so
transferred during the time in such agreement specified, a duplicate of
such agreement shall be filed in the principal office of the corporation and
be open to the inspection of any stockholder, daily during business hours
See footnote to sec 10

136.

This section referred to in construing secs 337, 390 and 398—see notes thereto
Kelly v Consol Gas, etc, Power Co, 153 Md 532

An Code, 1924 sec 141 1912, sec 110 1904, sec 98 1892, ch 109, sec 85D

1896 ch 160, sec 85E 1912, ch 194 sec 98 1922, ch 439

1933 (Special Sess ), ch 108

141. Every such corporation transacting as part of its business the
guaranty or fidelity business shall, within six months from the 2nd day
of April, 1896, and from time to time thereafter, if need be, transfer and
assign to the said treasurer registered public stock of the United States
or of the State of Maryland, or of Baltimore City, or the bonds of any
county or municipal corporation of this State, or of the Home Owners
Loan Corporation, a corporation created under an Act of the Congress
of the United States approved June 13, 1933, which shall be approved by
said treasurer to the amount in value of one hundred thousand dollars,
and said amount shall be at all times maintained by said corporation,
which stock must be registered in the name of said treasurer, officially, as
held in trust under and pursuant to this section, and the same shall be
held by said treasurer in trust as security for all the holders of policies
or guarantees of said corporation; provided, however, that no such corpo-
ration incorporated under any law of any other State, district or terri-
tory, the United States or any foreign country, shall be required to make
the deposit as above set forth with the Treasurer of this State if said
corporation shall have made with the Insurance Commissioner, Treasurer
or other proper officer of any State, district or territory in the United
States, a deposit in the amount as above set forth of any securities as
shall have been approved by the proper officer where made, for the benefit
of all the holders of policies or guarantees of said corporation, as above
set forth, and a certificate thereof under the hand and official seal of said
proper officer shall have been filed with said Treasurer

147.

Cited but not construed in Nagel v Ghingher, 166 Md 241

151.

Art 27, sec 532, which was identical with this section has been repealed

152.

Petition filed under this section referred to in dismissing appeal from the
sustaining of exceptions to fee of counsel for one of parties to receivership pro-
ceedings Culbreth v Kries & Sons 144 Md 498