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Session Laws, 1920
Volume 539, Page 560   View pdf image (33K)
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560 LAWS OF MARYLAND. [CH. 327

before, of the bonus tax prescribed by law, if any payable, as
in the case of a certificate of incorporation, shall receive the
same for record and endorse thereon the date and time of such
receipt and promptly record the same as in the case of a cer-
tificate of incorporation. After such recording the State Tax
Commission shall transmit the copy of such agreement of con-
solidation, duly certified by it, to the Clerk of the Circuit or
Superior Court (according to the location of the principal
office of the corporation as stated in said agreement of con-
solidation) by whom the same shall be again recorded. The
State Tax Commission shall prepare a certificate or certificates
of consolidation giving the names of the consolidating cor-
porations, the name and the location of the principal office of
the new corporation, the date of the agreement of consolida-
tion and the time of the receipt of the same for record in the
office of the State Tax Commission. One of such certificates
of consolidation shall be transmitted by the Commission to the
Clerk of the Circuit Court of each county in which any one
of the consolidating corporations owns property the title to
which could be affected by the recording of an instrument
among the land records, as shown by the agreement of con-
solidation, and if any of the consolidating corporations own
such property in Baltimore City, as shown" by the agreement
of consolidation, one of such certificates shall be transmitted
to the Clerk of the Superior Court of said city. Upon receipt
of such certificate by a Clerk of a Circuit or Superior Court,
the same shall be by him promptly recorded among the land
records. At the time of receiving such agreement of con-
solidation for record, the State Tax Commission shall collect
recording fees of twenty dollars; six dollars of the fees so col-
lected shall be paid by it to the Clerk of the Circuit or Superior
Court to whom a copy of such agreement of consolidation shall
be transmitted for recording as aforesaid; and for the balance
it shall account quarterly to the Comptroller and pay the same
forthwith to the State Treasurer for the use of the State. In
addition to any other recording fees required by law, the
State Tax Commission shall, at the time of receiving the agree-
ment of consolidation for record, collect a recording fee of two
dollars for each certificate of consolidation required; and one-
half of each such fee shall be paid by it for recording the
same to the Clerk of each Circuit or Superior Court to whom
a certificate of consolidation is transmitted for recording as


 

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Session Laws, 1920
Volume 539, Page 560   View pdf image (33K)
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