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be'known to such officer, together with the number of shares
of stock held by each. In case the president or other proper
officer of said bank or other corporation fail or refuse to
furnish a statement herein required to the County Commis-
sioners or Appeal Tax Court or city clerk aforesaid, on or
before the day hereinbefore specified for that purpose, then
for each day that shall thereafter elapse until the said state-
ment shall be furnished, the said bank or other corporation
shall pay to the County Commissioners, or Mayor and City
Council of Baltimore, or other municipal corporation, as the case
may be, the sum of one hundred dollars; and for the valua-
tion and effectual collection of taxes assessed on the stock of
banks or other incorporated institutions, held by non-residents,
the president or other proper officer of the corporation shall
annually, on or before the first day of March, make out and
deliver to the County Commissioners of the county or Appeal
Tax Court or city clerk of the municipal corporation where
said corporation is situate, an account of the number of
shares of stock in such corporation held by persons not resi-
dents of this State, and the same shall be valued at its actual
cash value, to and in the name of such stockholders, respec-
tively ; but the tax assessed on such stock shall be levied and
collected 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
personal, 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
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CHAP.468.
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refusal to comply with this requirement, the said bank or
other incorporated 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 convic-
tion shall be fined not less than tive hundred dollars nor more
than tive thousand dollars, in the discretion of the Court, and
shall stand committed until such tine is paid.
SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 8, 1902.
CHAPTER 469.
AN ACT to repeal Section 116 G of Article seventeen of the
Code of Public Local Laws, title "Prince George's County,"
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Penalty
for violation.
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