156

LAWS OF MARYLAND.

Neglecting
to make

deposit hereinbefore provided, the fact shall be reported by

deposits—

the said treasurer to the Attorney General, who shall there-

prodeed-
ings

upon without delay institute such proceedings as may

be necessary to enjoin and restrain such corporation from

transacting any business in this State, and the court before

which such proceedings shall be begun shall be authorized

to make such order or decree, and to issue such process in

the premises to enforce compliance by such corporation with

the provisions of this statute, or to restrain the transaction

of business by such corporation in this State as it may

deem proper.

limit of

85 G. The amount of money which any corporation shall

deposits

have on deposit or hold in trust or loan at any time shall

not exceed ten times the amount of its paid up capital and

surplus, and its outstanding loans shall not at any time

exceed said amount ; but any such corporation authorized

to receive eo art deposits may at any time receive on deposit

and loan out any money which may be deposited with it by

order of any of the courts of this State notwithstanding such

limitation.

85 A. Any wilful false swearing, relative to the report

False
swearing.

and examination hereinbefore provided for, by any person

shall be deemed perjury and be subject to the prosecutions

and punishments for that offense now or hereafter provided

for by law.

85 I. Whenever it shall be proven to the satisfaction of

Treasurer

said treasurer that any such corporation has surrendered

to
surrender

its charter or ceased to do business in this State, and has

deposits—

liquidated all its indebtedness to depositors and creditors,

when

he shall surrender to such corporation any deposit which

may be so held by him in trust for the benefit of the de-

positors and creditors of any such corporation.

85 K. It shall be the duty of said treasurer to report to

the General Assembly, at each regular session, a summary

Treasurer
to report to

of the State and condition of every trust or other corpor-

General
Assembly

ation required to report to him or to be by him examined ;

and such summary shall give the date to which such reports

refer, the amount of capital held by each of said corpo-

rations, the whole amount of its debts and liabilities, the

total sum of its resources and such other information as he

may deem useful. Any corpoiation making the reports and

deposits herein provided for shall not be required to make

any report to or submit to any examination by the insurance

commissioner.

85 L. Each stockholder shall be liable to the depositors

and creditors of any such corporation for double the amount