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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1868
Volume 385, Page 92   View pdf image (33K)
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92

CORPORATIONS. [ART. 26.
ceeding, and the same may thereafter be continued

Final judg-
ment.

until final judgment or decree shall be had therein,
which shall have the like effect upon the rights of the
parties as if such corporation had not been dissolved.

PROCEEDINGS ON. EXECUTION AGAINST THE STOCK AND TRANSFERABLE
DEBTS OF CORPORATIONS.

What liable to
execution or
attachment.

198. Any interest which any defendant in a judg-
ment or decree rendered by a court of law or equity,
has in the capital, joint stock, or debts of a corporation,
transferable on its books, shall be liable to execution or
attachment, and the same proceedings shall be had as
in other cases except when they are varied by the fol-
lowing sections.

Duty of sheriff.

199. The sheriff or other officer, upon being in-
structed to levy such writ on any such stock or debt,

Notice to presi-
dent, &c , of
seizure.

shall deliver to the president or chief officer, or leave
at the place of business of such corporation, a notice in
writing, stating that he has seized the stock or debt of
the defendant, (naming him) and the purpose for which
he has seized the same, and shall retain a copy of such
notice, and return it with the writ.

Certificate of
number of
shares, &c.

200. Upon the service of such notice, the sheriff may
require the president, or any other officer of the cor-
poration, to certify to him in writing the number of
shares of stock, and the amount of transferable debt
on its books, standing in the name of the defendant at
the time of said notice; and if any president or other
officer, so required, shall refuse or neglect for twenty- -
four hours to deliver such certificate, the sheriff or
other officer shall certify the fact to the court, to which
the writ is returnable, or to any judge thereof, and the ,

Attachment
tor contempt
against presi-
dent. &c , of
company.

said court or judge may order an attachment of con-
tempt against such president or other officer, and may
compel him to answer upon oath an oral examination
as to the number of shares of stock, and amount of
debt standing on the books of the corporation, in the
name of the defendant, at the time of service of such



 

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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1868
Volume 385, Page 92   View pdf image (33K)
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