ART. 43. ] BANKS, NATIONAL AND STATE.
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381
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ing under charter from the General Assembly of Mar} land, may be
availed of by said bank or banks.
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selves of these
provisions.
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18. If the president and directors should at any time suspend
the active business operations or workings of any banking institu-
tion incorporated under this act, other than as now legally provided
for, and a majority of the stockholders in general meeting assem-
bled determine to close its banking operations, thenceforth it shall
not be lawful for such corporation to resume the exercise of its
banking powers and franchises, but the same shall be closed, and
after the payment of its debts and liabilities the remaining assets
and property of such corporations shall be divided among the
stockholders or their assigns.
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Id s 13
Suspension of
business.
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19. This act is continued in force till the first day of January,
1885, and to the end of the next session of the General Assembly
thereafter.
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1870, c 208
When to expire.
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PUBLICATION OF LISTS OP DEPOSITS AND DIVIDENDS.
2O. Every bank and incorporated institution in this State which
is in the habit of receiving deposits and declaring dividends, shall
cause to be published in some newspaper printed in the county in
which such bank or institution may be located, or in the city of
Baltimore, as the case may be, once a week for three successive
weeks in the month of September in each year, a list of the deposits
and dividends which have been of more than three years' standing,
and uncalled for and unclaimed, together with the names of the
parties to whose credit they stand on the hooks of such hank or in-
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Art 12, 8 12
1852, C 314, SS.
1-6
Unclaimed
dividends to
be published
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stitution and their respective amount. This section not to apply to
savings banks, nor to institutions which receive deposits and com-
pound the interest and dividends as they become due.
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Not to apply to
savings banks.
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21. All the expenses incurred by the said bank or incorporated
institution in making out and publishing the said lists, shall be paid
out of and be deducted pro rata from the dividends and deposits
unclaimed and uncalled for as aforesaid.
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Id 8 13
1852, c 314, s 3.
Expenses of
publication,
how paid
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22. If any bank or incorporated institution aforesaid shall in
any year fail or neglect to make the publication required by section
twenty hereof, the president of such bank or incorporated institu-
tion shall be liable to a fine of not less than fifty nor more than one
hundred dollars, to be recovered by indictment in the Circuit Court
of the county where the said bank or institution may be located, or
in the Criminal Court of Baltimore, as the case may be.
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Id s 14
1852, c 314, s 2
Penalty for
neglecting pub-
lication
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