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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 2407   View pdf image (33K)
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LICENSES 2407

tional bond in the same manner and form with a Surety Company thereon,
as hereinbefore provided, provided, however, that the total amount of any
such additional bond as well as the bond required under the provisions of
the first paragraph of this section, shall not exceed the maximum of Twenty
Thousand ($20,000.00) Dollars, and the Comptroller shall forthwith cancel
the license certificate of any dealer failing to file an additional bond as
herein provided.

Any surety on any bond furnished by any dealer as above provided shall
be released and discharged from any and all liability to the State of
Maryland accruing on such bond after the expiration of sixty (60) days
from the date upon which such surety shall have lodged with the Comp-
troller, a written request to be released and discharged. Provided, how-
ever, that such request shall not operate to relieve, release or discharge
such surety from any liability already served, or which shall accrue, before
the expiration of said sixty-day period. The Comptroller shall promptly
on receipt of notice of such request notify the dealer who furnished such
bond, and unless such dealer shall on or before the expiration of such sixty-
day period file with the Comptroller, a new bond with a Surety Company
duly licensed to do business under the laws of this State, in the amount
and form hereinbefore in this section provided, the Comptroller shall
forthwith cancel the license of said dealer. If such new bond shall be fur-
nished by said dealer as above provided, the Comptroller shall cancel and
Surrender the bond of said dealer for which such new bond shall be sub-
stituted. In lieu of the surety bond, required as aforesaid, the dealer may
deposit with the Comptroller registered bonds of the Federal government
and/or of the State of Maryland, aggregating in market value the amount
of the bond as required by this section, and in the event that the market
value of said bonds falls below the amount of bond as thus required, the
dealer shall, upon receipt of written notice thereof from the Comptroller,
deposit additional bonds to meet such deficiency.

Cited in holding valid coal ordinance of Baltimore City. Jacobs v. Baltimore, 173
Md. 363.

1933, ch. 218, sec. 213B.

248. If a dealer shall at any time file a false report of the data or
information required by this sub-title, or shall fail, refuse or neglect to file
the reports required by this sub-title, or to pay the full amount of the tax,
interest and penalties as required by this sub-title, or fails to keep records
of quantities of motor fuel received, produced, refined, manufactured, com-
pounded, sold or used in the State, the Comptroller may forthwith cancel
the license of said dealer, and notify such dealer in writing of such can-
cellation by registered mail to the last known address of such dealer ap-
pearing in the files of the Comptroller. Any dealer whose license has been
cancelled may appeal to the Circuit Court of the County in which such
dealer may live, or to the City Court of Baltimore City, if the dealer lives
there.

The Comptroller is hereby given the power to cancel any license hitherto
or hereafter issued to any dealer, such cancellation to become effective
sixty (60) days from the date of receipt of the written request of such
dealer for cancellation thereof, or said Comptroller may cancel the license
of any dealer upon investigation and sixty (60) days' notice mailed to the
last known address of such dealer if it shall ascertain and find that the
person to whom such license has been issued is not longer engaged in the


 

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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 2407   View pdf image (33K)
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