70 LAWS OF MARYLAND.

the genuineness of such certificate, or the value of the shares
represented thereby.

SEC. 37M. No attachment or levy upon shares of stock for
which a certificate is outstanding shall be valid until such cer-
tificate be actually seized by the officer making the attachment
or levy, or be surrendered to the corporation which issued it, or
its transfer by the holder be enjoined. Except where a certifi-
tificate is lost or destroyed, such corporation shall not be com-
pelled to issue a new certificate for the stock until the old cer-
tificate is surrendered to it.

SEC. 37N. A creditor whose debtor is the owner of a certifi-
cate shall be entitled to such aid from courts of appropriate
jurisdiction, by injunction and otherwise, in attaching such
certificate or in satisfying the claim by means thereof as is
allowed at law or in equity, in regard to property which can
not readily be attached or levied upon by ordinary legal process.

SEC. 37o. There shall be no lien in favor of a corporation
upon the shares represented by a certificate issued by such
corporation, and there shall be no restriction upon the trans-
fer of shares so represented by virtue of any by-law of such
corporation, or otherwise, unless the right of the corporation to
such lien or the restriction is stated upon the certificate.

SEC. 37p. The alteration of a certificate, whether fraudulent
or not, and by whomsoever made, shall not deprive the owner
of his title to the certificate and the shares originally repre-
sented thereby, and the transfer of such a certificate shall con-
vey to the transferee a good title to such certificate and to the
shares originally represented thereby.

SEC. 37q. In any case not provided for by this Act the rules
of law and equity, including the Law Merchant, and in par-
ticular the rules relating to the law of principal and agent,
executors, administrators and trustees, and to the effect of
fraud, misrepresentation, duress or coercion, mistake, bank-
ruptcy or otter invalidating cause, shall govern.

SEC. 37R, This Act shall be so interpreted and construed as
to effectuate its general purpose to make uniform the law of
those States which enact it.

SEC. 37s. A certificate is indorsed when an assignment or a
power of attorney to sell, assign or transfer the certificate or
the shares represented thereby is written on the certificate and
signed by the person appearing by the certificate to be the
owner of the shares represented thereby, or when the signa-
ture of such person is written without more upon the back of
the certificate. In any of such cases a certificate is indorsed,
though it has not been delivered.