26 LAWS OF MARYLAND.

and transmit such report, the Bank Commissioner is hereby
authorized to institute proceedings for the recovery of such
forfeiture.

57. Any officer, director or employee of any banking insti-
tution who shall wilfully and knowingly subscribe to or make
or cause to be made any false statement or false entry in the
books of any bank, trust company or savings institution, or
shall knowingly subscribe to or exhibit false papers, with the
intent to deceive any person or persons authorized to examine
into the affairs of said bank, trust company or savings institu-
tion, shall be deemed guilty of a felony and, upon conviction
thereof, shall be punished by a fine of not more than five thou-
sand dollars, or by imprisonment in the State Penitentiary not
more than ten (10) years, Or by both fine and imprisonment, in
the discretion of the court.

58. Any bank, savings institution or trust company hereto-
fore incorporated under any general or special law of this
State, and any bank, savings institution or trust company
hereafter created under this law, may consolidate with any
other bank, savings institution or trust company, respectively,
whether heretofore incorporated under any general or special
law of this State, or hereafter incorporated under this law;
said consolidation to be effected in the same manner as con-
solidations of corporations are now provided for under the
general laws of this State; but no such consolidation shall be
made without the consent of the Bank Commissioner, and not
then to defeat or defraud any of the creditors of any such insti-
tution in the collection of their debts against such institu-
tion, or either of them; and a banking institution which is,
in good faith, winding up its business for the purpose of con-
solidating with some other banking institution, may transfer
its resources and liabilities to the banking institution with
which it is in process of consolidation.

59. Any bank or trust company organized or doing business
under the provisions of this Act may go into liquidation by a
vote of its stockholders owning two-thirds of the capital stock.
Whenever a vote is taken to go into liquidation, it shallbe the
duty of the board of directors to cause notice of this fact to
be certified, under the seal of the bank or trust company, by its
president and cashier or treasurer to the Bank Commissioner,
and publication thereof, notifying creditors to present their
claims against the bank or trust company for payment, shall
be made once in each week for eight consecutive weeks in a
newspaper published in the city, village or county in which
the bank or trust company is located, and if no newspaper is
there published, then in the nearest county seat.