EMERSON C. HARRINGTON, GOVERNOR. 45

case such penalties are reduced, then only the balance then re-
maining shall be collected; and upon the expiration of said
period of ninety days after this Act takes effect, the State Tax
Commission shall certify, under its seal, to the Comptroller
the names of the said corporations, partnerships or individuals
penalized, together with the amount of the penalties then due
by each as aforesaid, and the same shall be added by the Comp-
troller to the bills for any taxes in his hands next due by such
corporations, partnerships or individuals, and shall be collected
in the same manner that the taxes themselves are collected, and
if there are no such taxes, then the said penalties shall be col-
lected by the Comptroller as taxes are collected by him; and
such penalties when collected shall be paid into the Treasury
of the State for the general purposes of the State.

SEC. 2. And be it further enacted, That this Act shall take
effect from and after June 1, 1918.

Approved March 22nd, 1918.

CHAPTER 33.

AN ACT to repeal Sections 2, 7, 14, 22, 23 Subjection Sixth,
31, 38, 43, 46 Sub-section Ninth, 54, 56 and 75 of Article
XI of the Annotated Code of Maryland, title "Banks
and Trust Companies, " sub-titles "Bank Commissioner, "
"Banks, " "Savings Institutions, " "Trust Companies" and
"General Regulations, " and to re-enact said sections with
amendments; and also to add two additional sections to said
Article XI of the Annotated Code of Maryland, the same to
follow immediately after Section 62A of said Article XI,
sub-title "General Regulations, " to be known, respectively,
as Sections 62B and 62C; Section 62B defining demand
deposits and time deposits, and Section 62C relating to the
reserve of banking institutions received into membership in
the Federal Reserve System.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That sections 2, 7, 14, 22, 23 sub-section Sixth, 31,
38, 43, 46 sub-section Ninth, 54, 56 and 75 of Article XI of
the Annotated Code of Maryland, title "Banks and Trust Com-
panies, " sub-titles "Bank Commissioner, " "Banks, " "Sayings
Institutions. " "Trust Companies, " and "General Regulations, "