RACING COMMISSION 3005

randa or documents showing the receipts and disbursements of any per-
son, corporation or association, licensed under the provisions of this Arti-
cle to conduct race meetings. The commission may at any time require
the removal of any employee or official employed by any licensee hereunder.
The Commission shall also have the power to require that the books and
financial or other statements of any person, corporation or association
licensed under the provisions of this Article shall be kept in any manner
which to the Commission may seem best, and that Commission shall also be
authorized to visit, to investigate and to place expert accountants and such
other persons as it may deem necessary, in the offices, tracks or places of
business of any such person, corporation or association, for the purpose of
satisfying itself that the commission's rules and regulations are strictly
complied with, and the salaries and expenses of such expert accountants
or other persons shall be paid by the person, corporation or association to
whom they are assigned. The said Commission shall have power to summon
witnesses before it and to administer oaths or affirmations to such witnesses
whenever, in the judgment of the said Commission, it may be necessary
for the effectual discharge of their duties; and any person failing to ap-
pear before said Commission at the time and place specified in answer to
said summons, or refusing to testify, shall be deemed guilty of a misde-
meanor, and, upon indictment and conviction in a Court of competent
jurisdiction, shall be punishable by a fine of not more than Five Thousand
Dollars or by sentence to jail for not more than six months, or by sentence
to both fine and imprisonment, in the judgment of the Court. False
swearing on the part of any witnesses shall be deemed perjury and shall
be punished as such.

An. Code, 1924, sec. 12. 1920, ch. 273, sec. 12.

12. Every person or persons, association or corporation licensed to
hold racing meets within the State of Maryland as hereinbefore provided,
shall on or before the 20th day of December of each year return to the
Commission a full statement, under oath, of their receipts from all sources
whatsoever during the calendar year, and of all expenses and disburse-
ments, all itemized in manner and form as shall be directed by the Com-
mission, and with such allowances as may be approved by the Commission,
showing the net revenue from all sources derived by such person, persons,
association or corporation engaged in or conducting horse-racing. The cost
of any alterations, additions, charges or improvements made or proposed
upon the property owned or leased by any such person and used by it
for the convenience and comfort of the public and of the horse owners,
with the approval of the Commission, shall be deducted as running ex-
penses in such statements.

In addition to all other license fees hereinbefore provided for every such
licensee shall pay to the Commission an additional license fee or tax of
fifteen per cent, of the net revenue, as shown in the sworn statement sub-
. mitted to and approved by the Commission. Such fees or taxes shall be
paid at the time the statements are approved by the Commission. Any
licensee failing or refusing to pay the amount found to be due by the
Commission as the tax on the net revenue, shall be guilty of a misdemeanor,
and, upon conviction, shall be liable to a fine of not more than $25,000 in
addition to the amount due the Commission, and to imprisonment for not
more than six months, or both fine and imprisonment, in the discretion