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Session Laws, 1918 Session
Volume 486, Page 53   View pdf image (33K)
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EMERSON C. HARRINGTON, GOVERNOR. 53

nished to the said Bank Commissioner within fifteen days after
the receipt of the aforesaid call. At least once in each year
every bank and trust company shall report to the Bank Com-
missioner on call by him a list of its stockholders, their resi-
dences and the amount of stock held by each, which report
shall be signed and verified by the oath and affirmation of one
of the officers of said bank or trust company. The Bank Com-
missioner shall also have the power to call for special reports
from any bank or trust company whenever, in his judgment,
the same is necessary to inform him fully of the condition of
the bank or trust company.

75. No person, co-partnership or corporation not subject to
the supervision and examinations of the Bank Commissioner,
and not required to make reports to him by the provisions of
this Article, shall make use of any sign at the place where such
business is transacted, having thereon any artificial or corpor-
ate name or other words indicating that such place or office is
the place or office of a banking institution as defined in this
Article; nor shall such person or persons make use of or circu-
late any letter-heads, bill-heads, blank notes, blank receipts,
certificates, circulars, or any. written or printed, or partly writ-
ten or printed paper whatever, having thereon any artificial or
corporate name, or other word or words indicating that such
business is the business of a banking institution. Any person
or persons violating any of the provisions of this Section, either
individually or as an interested party in any copartnership or
corporation, shall be guilty of a misdemeanor, and on convic-
tion thereof shall be fined in a sum not more than one thou-
sand dollars, or by imprisonment not more than one year, or
by both fine and imprisonment. The provisions of this section
shall not apply to persons, copartnerships, or corporations
which, at the time this Act takes effect, are engaged in business
in incorporated towns or cities of the State of less than ten thou-
sand inhabitants.

SEC. 2. And be it further enacted, That two additional sec-
tions be and the same hereby are added to said Article XI of
the Annotated Code of Maryland, the same to follow imme-
diately after section 62A of said Article XI, sub-title "General
Regulations, " to be known, respectively, as sections 62B and
62C, and to read, respectively, as follows:

62-B. Demand Deposits, within the meaning of this Article,
shall comprise all deposits payable within thirty days; and
Time Deposits shall comprise all deposits payable after thirty

 

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Session Laws, 1918 Session
Volume 486, Page 53   View pdf image (33K)
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