850 ARTICLE 23

as hereinbefore provided for in this article, the said treasurer shall immedi-
ately cause to be published on three consecutive days in two daily news-
papers, one published in Baltimore City, and one published in the city or
county wherein said corporation has or should have its principal office, a
notice informing the public that such corporation has not complied with
the law, and is therefore conducting business without legal authority so
to do. And the cost of publishing such notices shall be paid by the corpora-
tion named in the notice. The treasurer shall also promptly report the
facts in any such case to the attorney general, who shall thereupon institute
proceedings to enjoin and restrain such corporation if it be organized under
the laws of this State from transacting any business, and if it be organized
under the laws of any other State or of a foreign country from transacting
business in this State, and the court before which such proceedings shall
be begun shall be authorized to pass such order or decree and to issue such
process in the premises to enforce the compliance of such corporation with
the provisions of this article, or to restrain the transaction of business by
such corporation in this State as it may deem proper. For each and every-
day that such corporation attempts to transact business in this State with-
out having complied with the requirements of section 140 of this article,
it shall forfeit to the State of Maryland the sum of one hundred dollars,
said sum to be collected as any other debt by an action of debt in the name
of the State. Nothing in this section shall apply to national banks.
See notes to secs. 136 and 146.

An. Code, 1924, sec. 143. 1912, sec. 112. 1904, sec. 100. 1892, ch. 109, sec. 85G. 1910,

ch. 219 (p. 6).

142. The ampunt of money which any corporation shall have on deposit,
or hold in trust, or loan at any time, shall not exceed ten times the amount
of its paid-up capital and surplus, and its outstanding loans shall not at
any time exceed said amount; but any such corporation authorized to re-
ceive court deposits may, at any time, receive on deposit and loan out any
money which may be deposited with it by order of any of the courts of this
State, notwithstanding such limitation.¹

See notes to secs. 136 & 146.

An. Code, 1924, sec. 144. 1912, sec. 113, 1904, sec. 101. 1892, ch. 109, sec. 85H. 1910,

ch. 219 (p. 6).

143. Any willful false swearing, relative to the report and examination
hereinbefore provided for, by any person shall be deemed perjury, and be
subject to the prosecutions and punishments for that offense now or here-
after provided for by law.¹
See notes to secs. 136 & 146.

An. Code, 1924, sec. 145. 1912, sec. 114. 1904, sec. 102. 1892, ch. 109, sec. 85-I.

144. Whenever it shall be proven to the satisfaction of said treasurer
that any such corporation has surrendered its charter or ceased to do busi-
ness in this State, and has liquidated all its indebtedness to depositors and
creditors, he shall surrender to such corporation any deposit which may be
so held by him in trust for the benefit of the depositors and creditors of any
such corporation.

¹ This section, so far as it related to trust companies, was repealed by the act of 1910,
ch. 219 (p. 6). As to trust companies, see art. 11, sec. 54, et seq.