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Supplement to the Code of Public General Laws of Maryland, 1898
Volume 391, Page 535   View pdf image (33K)
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ART. 81] BONUS ON CAPITAL STOCK. 535

ized to have; said bonus shall be due and payable upon the
recording of the certificate of increase authorized, or upon the
passage of any special article authorizing such increase.
Roland Park Co. v. State, 80 Md. 450. State v. Schultz Co., 83 Md. 62.

1894, ch. 114.

88 G. If any corporation or company from which said bonus
shall be due shall fail or neglect to pay the same to the treasurer
of the State, for the space of two months after the same has been
due and payable as aforesaid, it shall be the duty of the comp-
troller to make out said account against said corporation, and
certify the same under the seal of his office and transmit the
same to some attorney in whom he has confidence, and to cause
suit to be brought for the recovery of said bonus; but DO acquit-
tance shall be good to discharge such corporation from such
bonus but the receipt of the treasurer of, the State or the proper
officer to whom execution or judgment may issue.

Ibid.

88 H. Suit for the recovery of such bonus shall be brought in
the county where the incorporation papers of such corporation
are recorded or where the principal office of such company is
located, or in the city of Baltimore, if the incorporation papers
of such company are there recorded, or the principal office of
such company is there located, and the service of the writ of
summons upon any officer or agent of such company, or upon
any stockholder or incorporator in such company, shall be deemed
and taken as sufficient service on such corporation upon the
return of the writ issued against such corporation; and such cor-
poration being summoned as aforesaid, the cause shall stand for
trial or hearing according to the laws and the respective rules of
courts of this State; and if judgment shall be rendered against
such corporation, a fee of ten dollars shall be allowed the attorney
for the State, to be taxed in the plaintiff's costs.

Ibid.

881. If, after suit brought and judgment rendered as afore-
said, any corporation from which said bonus shall be due as
aforesaid shall continue in arrears and shall fail or neglect to pay
said bonus to the State treasurer, for the space of two years after

 

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Supplement to the Code of Public General Laws of Maryland, 1898
Volume 391, Page 535   View pdf image (33K)
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