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Session Laws, 1933 (Special Session)
Volume 578, Page 252   View pdf image (33K)
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252 LAWS OP MARYLAND. [CH. 79

for disposing of certain unclaimed funds in the hands of
Receivers, Trustees, Executors or Administrators by
turning over such funds to the School Commissioners, of
any county or of Baltimore City as the case may be.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That two additional sections are hereby added
to the Code of Public General Laws of Maryland to be
known as Sections 225A and 225B, and to follow immedi-
ately after Section 225 of Article 16, and to read as fol-
lows:

Section 225A. Whenever any receiver, trustee, executor
or administrator has in hand any funds, payable in cash,
under an account duly filed in the court, having jurisdic-
tion over such fiduciary, and where such fiduciary, after a
lapse of seven years, has been unable to locate the person or
persons, to whom such cash is distributed by the account,
or his or their legal representative or representatives, the
equity court, or Orphans' Court, having jurisdiction over
the fiduciary, may, on a petition of such fiduciary, if satis-
fied that reasonable efforts have been made by oral and
written inquiry and by advertisement inserted in at least
two newspapers of general circulation published in the city
of Baltimore or in the county of the court having jurisdic-
tion over said fund for four consecutive weeks, to locate the
person or persons, entitled to such funds, or their legal
representative or representatives, and that such efforts
have been unsuccessful, order and direct such fiduciary to
pay over to the Board of School Commissioners of the
county, or city of Baltimore as the case may be, wherein
such account is filed, any and all such sums of cash, so
remaining in his hands, and any accumulated interest
thereon.

Section 225B. If any such unlocated person, or persons,
or his or their legal representative, or representatives,
shall appear at any time, after payment has been
made under the preceding section, the School
Commissioners, receiving such payment shall repay
the same to such unlocated person, or persons, or his or
their legal representative, or representatives, without
interest.

SEC. 2. And be it further enacted, That this Act shall
take effect upon the first day of June, 1934.

Approved December 15, 1933.

 

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Session Laws, 1933 (Special Session)
Volume 578, Page 252   View pdf image (33K)
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