ART. 11. ] LEVY AND COLLECTION OF TAXES.

any other person as a witness, whom he may be advised has impor-
tant information in regard to the value of such shares of capital
stock; and any such officer refusing to answer upon oath touching
the affairs of such bank, banking association, or company, of which

123

he is an officer, shall, on indictment and conviction thereof, be fined
not less than five hundred dollars.

Fine, if officer
refuses

136. The president, cashier, or other chief officer of any bank or
banking association, State or National, located and doing business
in this State, shall, by the fifteenth day of April in each year, report
to the comptroller of the treasury a true and correct statement of
the number of shares of capital stock in such bank or banking asso-
ciation of which he is president, cashier, or chief officer; and the
par value of each share, with such other information in regard to

Id s 146
Bank officers to
report to comp-
troller state-
ment of shares,
etc.

the value of the same as may be required by the comptroller, and
may be in the possession of such officer; and the comptroller shall
annually, by the fifteenth day of May in each year, assess the said
shares at their true value, and levy the State taxes prescribed by
law upon the same; and it shall be the duty of the said president,
cashier, or other chief officer, on or before the first day of January

When comp-
troller to assess
true value

next succeeding, to pay to the treasurer of the State the State tax
on said shares of the capital stock of such bank or banking associa-
tion of which he is president, cashier, or other chief officer as afore-
said.

When banks to
pay tax.

137. On the failure, refusal, or neglect of any president, cashier,
or other chief officer of any such bank or banking association to
furnish to the comptroller, by the fifteenth day of April in each
year, the statement required to be furnished by the preceding sec-
tion, such president, cashier, or other chief officer of said bank or
banking association shall forfeit and pay to the State of Maryland
the sum of five hundred dollars, to be recovered in the name of the
State in the Circuit Court of the county where the said bank or
banking association is located, or the Superior Court of Baltimore
City, if the same be located in that city, with costs of suit, and a fee
of fifty dollars shall be taxed as part of the plaintiff's costs, which
the attorney shall be entitled to receive for prosecuting said action
to a recovery; and it shall be the duty of the comptroller to cause
suit to be brought to recover said penalty.

Id s 147
Penalty for
neglect to fur-
nish statement.

138. On the failure, refusal, or neglect of any such bank or
banking association to pay said tax on the shares of its capital
stock, as provided by the preceding sections, by the first day of
January succeeding said levy, the comptroller shall cause suit to be
brought in the name of the State against the said bank or banking
association, for the said taxes, in the Circuit Court for the county,
or the Superior Court of Baltimore City, as the case may be, and
the said suit shall stand for trial at the first term, and judgment
shall be rendered on motion unless issue be made, and a trial by
jury be desired by either party, in which case a jury shall forthwith

Id s 148
Comptroller to
bring suit on
failure to pay
tax