HERBERT R. O'CONOR, GOVERNOR. 1689

against such person, and may be collected from such person by
the Comptroller by suit or otherwise in the same manner as
taxes. The Department shall have power on good cause shown
to it to abate or reduce any penalty imposed as aforesaid, and
in that event the Department shall forthwith notify the Comp-
troller of such abatement or reduction, and only the balance,
if any, of the penalties remaining after such abatement or re-
duction shall be collected as aforesaid.

189. If any foreign corporation qualified or licensed to do
business in this State shall fail to file with the Department
any report required by law within the time required by law
and for thirty days after a demand therefor in writing by the
Department, it shall forthwith, upon fifteen days notice in
writing from the Department to that effect and without the
necessity of any judgment or decree of ouster, forfeit all right
to do intrastate business in this State and shall be in all re-
spects subject to the same penalties, rules and legal provisions
as if it had never been qualified or licensed to do business in
this State; provided that the Department for good cause shown
may excuse any reasonable delay. Such demand and such
notice shall be addressed to such corporation at its mailing
address, if it has a mailing address on file with the Depart-
ment, or, if it has not a mailing address on file with the De-
partment, addressed to it in care of the Secretary of State or
the corresponding official of the State or place under the
statute or common law of which it was formed or is existing,
if known to the Department.

SEC. 16. And be it further enacted, That a new section be
and the same is hereby added to Article 81 of the Annotated
Code of Maryland (1939 Edition), title "Revenue and Taxes",
sub-title "Income Tax", said new section to follow immediately
after Section 223(k), to be known as Section 223(1), and to
read as follows:

223(1). Amounts received by corporations or non-resident
individuals from interest and dividends on intangible personal
property to the extent that the same are included within the
definition of investment income under this sub-title, except
interest received in the conduct of business by foreign building
and loan associations.

SEC. 17. And be it further enacted, That a new section be
and the same is hereby added to Article 81 of the Annotated
Code of Maryland (1939 Edition), title "Revenue and Taxes",
sub-title "Income Tax", said new sections to follow imme-
diately after Section 232 of said Article, to be known as Sec-
tion 232%, and to read as follows: