532 REVENUE AND TAXES. [ART. 81

due and in arrears for State taxes from the corporation whose
property is sold shall be first paid and satisfied, after the neces-
sary expenses incident to the sale; and the officer or person
selling said property shall pay the same to the person whose
duty it is to collect or receive said taxes, under the laws of this
State.
State v. Safe Deposit Co., 86 Md. 588.

v

Payment of Taxes by Corporations.

1890, ch. 491.

86 A. Nothing in section eighty-six relating to savings banks,
or savings institutions or corporations shall be construed as
granting exemption from taxation to the shares of any bank or
any other corporation, or to any other property taxable under
the laws of this State, by reason of or on account of its owner-
ship by a savings bank, institution or corporation of this State.

1890, ch. 244.

88 A. If any corporation of this State, from which State taxes
shall be due and payable on the assessed value of its shares
of capital stock, shall fail or neglect to pay the same to the
treasurer of the State before the first day of November of" the
year for which such taxes have been assessed and levied, such
corporation shall for such failure and neglect forfeit and pay
to the State an additional amount of five per centum as pen-
alty or damages, to be added to the State taxes so due and
unpaid, and it shall be the duty of the comptroller to add the said
penalty or damages to the said account, and forthwith to make
out said account and certify the same under the seal of his office,
and to cause suit to be brought for such State taxes and such
penalty or damages in the circuit court for the county in which
the principal office of said corporation is located, or in the
Superior Court of Baltimore city, or the Court of Common
Pleas of the city of Baltimore, if the principal office of such
corporation be located in said city, and the said suit shall stand
for trial at the first term after service of the writ shall have
been made on such corporations; and service of the writ afore-
said on any officer of such corporation shall be deemed and taken,
as a sufficient service on such corporation.
State v. Safe Deposit Co 86 Md. 583.