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The Maryland Code Public General Laws, 1904
Volume 393, Page 298   View pdf image (33K)
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298 BANKS. [ART. 11

uncalled for and unclaimed, together with the names of the
parties to whose credit they stand on the books of such bank
or institution, and their respective amount; this section not to
apply to savings banks, nor to institutions which receive
deposits and compound the interest and dividends as they
become due.

1888, art. 11, sec. 6. 1860, art. 12, sec. 13. 1852, ch 314, sec. 3.

6. All the expenses incurred by the said bank or corporated
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.

Ibid. sec. 7. 1860, art. 12, sec. 14. 1852, ch. 314, sec. 2.

7. If any bank or incorporated institution aforesaid shall in
any year fail or neglect to mate the publication required by
section 5 of this article, the president of such bank or incorpo-
rated institution shall be liable to a fine of not less than fifty
nor more than one hundred dollars, to be recovered by indict-
ment in the circuit court for the county where the said bank
or institution may be located, or in the criminal court of Balti-
more, as the case may be.

1894, ch. 329, sec. 7 A.

8. In the month of October, in the year 1895, and in every
second year thereafter, the treasurer of every savings bank or
savings institution in the State of Maryland shall deliver to
the comptroller a written statement sworn to by him or by the
president of such savings bank, containing the name and
amount standing to his or her credit, of every depositor who
shall not have made any deposit therein or withdrawn any
money upon their accounts for the period of twenty years next
prior to the first day of the preceding September; provided,
that this section shall not apply to the deposit made by any
person known to the said treasurer to be living. The comp-
troller shall communicate the statements which shall be so
delivered to him to the General Assembly in his next report.

Ibid. sec. 7 B.

9. Any treasurer of any savings bank in the State of Mary-
land who shall fail or neglect to comply with the provisions of
the preceding section shall be subject to a fine of five hundred


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 298   View pdf image (33K)
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