ALBERT C. RITCHIE, GOVERNOR. 979

the provisions of this section shall be reported by the treasurer
to the Circuit Court for Prince Greorge's County, in the same
way that a sheriff's sale is reported, within thirty days from
said sale showing to whom, and at what price, the articles of
personal property were respectively sold, the amount of taxes
and of interest accrued and costs of said sale.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1922.

Approved April 13th, 1922.

CHAPTER 439.

AN ACT to repeal and re-enact with amendments, Section 110 of
Article 23, title, "Corporations/' of Bagby's Annotated
Code of the Public General Laws of Maryland, as the same
was passed by the General Assembly of Maryland at the
January Session of 1912, in Chapter 194 of the Acts of
said session, for the purpose of relieving trust and other cor-
porations not transacting as part of their business, the guar-
anty or fidelity business from the duty of depositing pub-
lic stock or bonds with the State Treasurer.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 110 of Article 23, title, "Corporations," of
Bagby's Annotated Code of the Public General Laws of Mary-
land, as the same was passed by the General Assembly of Mary-
land at the January Session thereof in 1912 in Chapter 194
of the Acts of said session, be and the same is hereby repealed
and re-enacted with amendments so as to read as follows:

Section 110. Every such corporation transacting as part of
its business the guaranty or fidelity business shall, within six
months from the 2nd of April, 1896, and from time to time
thereafter, if need be, transfer and assign to the said treasurer
registered public stock of the United States or of the State of
Maryland, or of Baltimore City, or the bonds of any county
or municipal corporation of this State, which shall be approved
by said treasurer to the amount in value of one hundred thou-
sad dollars, and said amount shall be at all times maintained
by said corporation, which stock must be registered in the name
of said treasurer, officially, as held in trust under and pursuant
to this section, and the same shall be held bv said treasurer in