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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 662   View pdf image (33K)
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662 ARTICLE 48A.

non-user of its corporate powers and franchises, as by law would authorize
and make proper the forfeiture of its charter, corporate powers and fran-
chises, the said Attorney General or State's Attorney, as the case may be,
shall file with the Superior Court of Baltimore City, or the Circuit Court
of the county, as the case may be, a petition in the name of the State,
setting forth in detail the alleged abuse, misuse, or non-user, by reason
whereof the forfeiture is sought; and upon the filing of such petition the
court in which it is filed, or any judge thereof shall lay a rule requiring
the said company or corporation to show cause, within such time as the
said judge may deem proper, why a decree of forfeiture should not be
passed as prayed in said petition; a copy of which rule and the petition
shall be served on the president, manager, secretary or some other officer

of the said company or corporation, by a day to be therein limited, not
exceeding twenty days, as other processes against such companies or

corporations are directed to be served; and further proceedings shall be
had in said cause in conformity with the provisions of Article 23 with
reference to proceeding to vacate the charter of corporations of the State.

1931, ch. 530, sec. 197.

197. Fees. Every company applying for a license under the pro-
visions of this sub-title shall at the time of application pay to the Com-
missioner a fee of one hundred dollars ($100) and one hundred dollars
($100. 00) at each annual renewal of said license. Every company shall
also pay an annual fee of twenty-five dollars ($25. 00) for filing its
annual statement.

1931, ch. 530. sec. 198.

198. Penalties. Any individual, agent or broker who sells or attempts
to sell or negotiate within this State any contract of, or issued by, any

company subject to the requirements of this sub-title, unless such com-
pany is licensed as herein provided, is guilty of a misdemeanor and upon
conviction shall be sentenced to pay a fine of not less than one hundred
dollars nor more than one thousand dollars, or to undergo imprisonment
for not more than one year, or both.

Any person or company violating any provisions of any section of this
sub-title for which no specific penalty is therein provided, shall be deemed
guilty of a misdemeanor and shall be subject to a fine not less than one
hundred dollars or more than one thousand dollars for each and every such

offense. Any person or company making any wilfully false statement in
any annual statement, report or other written document required by any

section of this sub-title to be filed with the Commissioner under oath, or
while under oath administered by the Commissioner, Deputy Commis-
sioner or examiner which they are authorized by this sub-title to admin-
ister, at any investigation or hearing conducted by said Commissioner,
Deputy Commissioner or examiner, which they are "authorized to conduct,

shall be deemed to be guilty of perjury and shall be proceeded against and
punished as provided by the statutes of this State in relation to the crime

of perjury.


 

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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 662   View pdf image (33K)
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