PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 1489

tion as follows: "This institution is in charge of the Bank
Commissioner." Immediately upon posting said last mentioned
notice by the Bank Commissioner, the property, assets and busi-
ness of such institution shall be considered to be in the possession
of the Bank Commissioner, which fact shall operate as a bar to
any and all attachments, liens, executions or distraints of any
kind, and shall also operate to place the assets of said institution
in the hands of said Bank Commissioner, as receiver, the same as
if he had been appointed by an order of court. Such institu-
tion may with the consent of the Bank Commissioner, or with
the consent of the court, resume business upon such conditions
as the Bank Commissioner may approve. Immediately upon
taking possession of the property and business of said institu-
tion the Bank Commissioner shall forthwith cause proper pro-
ceedings to be instituted in the name of the State of Maryland
versus said institution, in a court of competent jurisdiction, for
the purpose of having the court assume jurisdiction over its
property and business for final liquidation. The said Bank
Commissioner shall receive no additional compensation for his
service as receiver, but shall be allowed clerical, traveling and
legal expenses, subject to the court's order. He shall furnish
such bond as the court may require.

SEC. 16. The examination of banking institutions by the
Bank Commissioner shall be paid for by such institutions at
the following rate for the annual examination: When the ag-
gregate assets of the institution are fifty thousand dollars, or
less twenty dollars. When more than fifty thousand dollars,
but less than one hundred and fifty thousand dollars, thirty
dollars. When more than one hundred and fifty thousand dol-
lars, but less than two hundred and fifty thousand dollars,
forty dollars. When more than two hundred and fifty thou-
sand, but less than five hundred thousand dollars, fifty dol-
lars. When more than five hundred thousand, but less than
one million, sixty dollars. When more than one million, but
less than three million, seventy-five dollars. When more than
three million, but less than six million, one hundred dollars.
When more than six million, but less than ten million, one hun-
dred and fifty dollars. When more than ten million, but less
than fifteen million, two hundred dollars. When more than
fifteen million, but less than twenty-five million, two hundred
and fifty dollars. When more than twenty-five million, but
less than forty million, three hundred dollars. When more
than forty million, four hundred dollars. When it becomes
necessary for the Bank Commissioner to extend his examina-