1790 LAWS OF MARYLAND. [CH. 1019

dated, signed and delivered by the borrower to the factor, in
which agreements, memoranda or statements is set forth the
property to be covered by the lien, whether or not such mer-
chandise is in the constructive, actual or exclusive occupancy
or possession of the factor, and such lien shall secure the factor
for all his loans and advances to or for the account of the bor-
rower, together with interest thereon, and also for the commis-
sions, obligations, indebtedness, charges and expenses properly
chargeable against or due from said borrower, and for the
amounts due or owing upon any notes or other obligations
given to or received by a factor for or upon account of any
such loans or advances, interest, commissions, obligations,
indebtedness, charges and expenses.

23. Every such written agreement must be under affidavit
by the factor or his agent to the effect that the statements
therein contained are true to the best of his knowledge and
belief, and within fifteen (15) days after the execution thereof
said written agreement or a brief memorandum thereof setting
forth the following facts shall be recorded in the Clerk's office
of the Superior Court of Baltimore City, or in the Clerk's
office of the Circuit Courts of the various counties, as the
case may be, where the merchandise subject to the lien, or any
substantial part thereof, is or is intended to be located,
kept or stored:

(a) The true name of the factor; the trade name of the
factor in said business; if the factor be a partnership or an
association, the names of the partners or members; and, if a
corporation, the name of the State under whose laws it was
incorporated; the principal place of business of the factor
within this State or if factor has no place of business within
this State, factor's principal place of business outside of this
State;

(b)The name and address of the borrower, and the address
of borrower's principal place of business, and if borrower is a
partnership, the names and addresses of the several partners,
and if the borrower is a corporation, the State of its incorpora-
tion, and the interest of the borrower in the merchandise, as
far as known to the factor;

(c) The general character of merchandise subject to the
lien, or which may become subject thereto, and the period of
time during which such loans or advances may be made under
the terms of the agreement providing for such loans or ad-
vances and for such lien. Said agreement shall contain a
general description of the place where the merchandise or any
substantial portion thereof is or intended to be located, kept
or stored, and such other and additional terms and conditions
as factors and borrowers' may elect.