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LAWS OF MARYLAND.

CHAPTER 170.

AN ACT to amend article thirty of the Code of

Public General Laws, title, " Crimes and Punish-

ments," by adding additional sections thereto, to

follow section fifty-four thereof, under the sub-

title of " Fraud," and to be read as sub-section A.

SECTION 1. Be it enacted ly the General Assem-

bly of Maryland, That the following sections shall

Section added

be added to article thirty of the Code of Public
General Laws, title " Crimes and Punishments," to

follow after section fifty-four thereof, and to be called

sub-section A.

Any officer or

SEC 2. And be it enacted, That any officer or

agent.

agent whatsoever of any corporation who shall

fraudulently sign, or in any other manner assent to

any statement or publication, either for the public or

the shareholders thereof, containing untruthful rep-

resentations of its affairs, assets or liabilities, with a

view either to enhance or depress the market value

of the shares therein, or the value of its corporate

obligations, or in any other manner to accomplish

Guilty of mis-

any fraud thereby, shall be deemed guilty of a mis-

demeanor.

demeanor, and upon conviction thereof, by indict-

ment in any court of law, shall be fined not less than

one thousand dollars nor more than ten thousand

Penalty.

dollars, and be imprisoned in jail or penitentiary, or
either fined or imprisoned, at the discretion of the

court, for not less than six months nor more than

three years.

In force.

SEC. 3. And be it enacted, That this act shall take

effect from the date of its passage.

Approved March 27, 1878.