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Session Laws, 1914
Volume 533, Page 1486   View pdf image (33K)
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1486 LAWS OF MARYLAND.

the course of such examination, except so far as the public
duty of such officer requires him to report upon or take special
action regarding the affairs of any banking institution, and
except when called as a witness in any criminal proceeding or
trial in a Court, of Justice. If any Bank Commissioner, deputy,
attorney, clerk or examiner in such department shall disclose
the name of any debtor of any banking institution, or anything
relative to the private accounts or transactions of such institu-
tion, or shall disclose any fact discovered in the course of his
examination, except as herein provided, he shall be subject, on
conviction thereof, to forfeiture of his office, and to the pay-
ment of not more than one thousand dollars or imprisonment
not more than two years, or both.

SEC. 17. The amount of five thousand dollars per annum,
or as much thereof as may be necessary, is hereby appropriated
out of the State Treasury from any funds available, toward the
salaries and expenses, including traveling expenses, of the Bank
Commissioner's office, if the amounts collected from the several
banking institutions should not be sufficient for the said salaries
and expenses.

SEC. 22. The articles of incorporation shall be executed in
triplicate by the persons joining therein, before any officer au-
thorized to take acknowledgments, and then approved in writ-
ing by the Bank Commissioner, who shall have power to re-
quire such changes as he may deem necessary before he ap-
proves them, and shall then be submitted to one of the judges
of the Judicial Circuit in which the bank is to be located, in
order that he may determine whether said articles are framed
in accordance with existing laws. One copy shall then be filed
for record in the office of the Clerk of the Circuit Court in the
county in which the bank is to be located, or in the office of the
Clerk of the Superior Court of Baltimore City, when to be
located in said city, and one copy shall be filed with the Bank
Commissioner, who shall issue his certificate therefor, and one
copy shall be filed with the State Tax Commissioner. The cor-
poration so formed shall have no legal existence until all copies
of the articles of association have been filed for record, as herein
directed. The fee for filing such articles of incorporation with
the Bank Commissioner shall be ten ($10.00) dollars, and for
filing amendments to the articles of incorporation, five ($5.00)
dollars, all such fees to be collected by the Bank Commissioner.

SEC. 25. Whenever articles of incorporation are filed with
the'Bank Commissioner, as herein provided, and the bank trans-

 

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Session Laws, 1914
Volume 533, Page 1486   View pdf image (33K)
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