302 CORPORATIONS—PAYMENT OF CAPITAL. [ART. 23.

managers of any such corporation, against all delinquent stock-
holders for the full amount of unpaid subscriptions within four
years from the incorporation of said company, such corporation
shall not be dissolved; and provided, furthermore, that the pro-
visions of this section shall not apply to any homestead or build-
ing association.

Matthews v. Albert, 24 Md 527. Norris v. Johnson, 34 Md 485. Norris v.
Wrenschall, 34 Md. 492. Basshor v. Forbes, 36 Md. 154. Fiery v. Emmert,
36 Md 464 Hager v. Cleveland, 36 Md. 476. Booth v. Campbell, 37 Md. 522.
Emmert v. Smith, 40 Md. 123. Carling v. Bechtel, 41 Md 305. Weber v.
Fickey, 47 Md. 196. Strauss v. Heiss, 48 Md. 292. Fickey v. Weber, 52 Md.
600. Musgrave v. Morrison, 54 Md. 162. Frank v. Morrison, 55 Md. 406.
Crawford v. Rohrer, 59 Md. 604.

1868, ch. 471, sec. 60.

65. The president and a majority of the trustees, directors or
managers of such corporation, within thirty days after the pay-
ment of the lost instalment of the capital stock, as fixed and
limited in the certificate of incorporation, shall make a certificate
stating the amount of the capital stock so fixed and paid in, and
of all property received in payment for any of said subscriptions,
and the extent to which said payments have been so made in
property, which certificate shall be signed and sworn to by the
president; and he shall, within thirty days thereafter, file the
same with the clerk of the court in which the certificate of incor-
poration of said corporation was recorded, to be by said clerk
recorded.

Ibid. sec. 61.

66. No person holding stock in any such corporation, as exec-
utor, administrator, guardian or trustee, and no person holding
such stock as collateral security, shall be personally subject to
any liability as stockholders of such corporation; but the person
pledging the stock shall be considered as holding the same, and
shall be liable as stockholder accordingly; and the estates and
funds in the hands of such executor, administrator, guardian or
trustee, shall be liable in like manner and to the same extent as
the testator or intestate, or ward or person interested in such trust
fund, would have been if he had been living and competent to
act, and held the same stock in his own name.