1850 REVENUE AND TAXES [ART. 81

value to and in the name of such stockholders respectively;
but the tax assessed on such stock shall be levied and col-
lected from said corporation and may be charged to the
account of such non-resident stockholders in the said corpora-
tion and shall be a lien on the stocks therein held by such
stockholders, respectively, until paid; and in no case shall the
stock of any corporation, in the aggregate, be valued at less
than the full value of the real estate and chattels, real or per-
sonal, held by or belonging to such corporation in the several
counties and city of Baltimore, whether shares of said stock
are quoted on the market or not; in case of failure or refusal
to comply with this requirement the said bank or other incor-
porated institution shall be liable to the penalty hereinbefore
prescribed; and the president and cashier or treasurer of any
such bank or other incorporated institution failing to comply
in every respect with the provisions of this section shall be
liable to indictment therefor, and on conviction shall be fined
not less than five hundred dollars nor more than five thousand
dollars, in the discretion of the court, and shall stand com-
mitted until such fine is paid.

Ins. Co. v. M. & C. C., 23 Md. 309. M & G. C. v. City Pass. R. Co., 57
Md. 35. Skinner Dry Dock Co. v. Balto. City, 96 Md 42, 43.

1888, art. 81, sec. 139. 1874, ch. 483, sec. 143.
157. The county commissioners or appeal tax court of Balti-
more city may require the accounts of stock furnished as
aforesaid to be verified by the oath or affirmation of the proper
officer of the corporation, or may require that the stock and
other books of said corporation shall be open to them for their
inspection.

Ibid sec. 140. 1874, ch. 483, sec. 144.

168. If any such president or other proper officer shall fail
to perform the duties imposed upon him by the two preceding
sections, such officer shall, on indictment and conviction, be
fined therefor not less than five hundred dollars.
B. C. & A. Ry. Co. v. Wicomico Co., 93 Md. 118.

Ibid. sec. 141. 1878, ch. 178. 1880, ch. 20. 1896, ch. 120.

159. At the time of making the returns of stockholders to

the county commissioners and appeal tax court of Baltimore city,

as required by law, the president or other proper officer of every

bank or other incorporated institution incorporated under the

laws of this State or doing business therein, and of every joint

stock company doing business in this State shall furnish to the