350 LAWS OF MARYLAND [CH. 135

courts of appropriate jurisdiction, by injunction and other-
wise, in attaching such certificate or in satisfying the claim
by means thereof as is allowed at law or in equity, in regard
to property which cannot be readily attached or levied upon
by ordinary legal process.

110. (Issuer's Lien on Shares. ) There shall be no lien in
favor of a corporation upon the shares represented by a certifi-
cate issued by such corporation and there shall be no restric-
tion upon the transfer of shares so represented by virtue of
any by-laws of such corporation, or otherwise, unless the right
of the corporation to such lien or the restriction is stated upon
the certificate.

111. (Effect of Alteration of Certificate. ) The alteration
of a certificate, whether fraudulent or not and by whomsoever
made, shall not deprive the owner of his title to the certificate
and the shares originally represented thereby, and the transfer
of such a certificate shall convey to the transferee a good title
to such certificate and to the shares originally represented
thereby.

112. (Cases Not Provided for by this Sub-title. ) In any
case not provided for by this sub-title, the rules of law and
equity, including the law merchant, and in particular the rules
relating to the law of principal and agent, executors, adminis-
trators and trustees, and to the effect of fraud, misrepresenta-
tion, duress or coercion, mistake, bankruptcy, or other in-
validating cause, shall govern.

113. (Uniformity of Interpretation. ) This sub-title shall
be so interpreted and construed as to effectuate its general
purpose to make uniform the law of those States which enact it.

114. (Definition: of Indorsement. ) A certificate is indorsed
when an assignment or a power of attorney to sell, assign, or
transfer the certificate or the shares represented thereby is
written on the certificate and signed by the person appearing
by the certificate to be the owner of the shares represented
thereby, or when the signature of such person is written with-
out more upon the back of the certificate. In any of such
cases a certificate is indorsed though it has not been de-
livered.

115. (Definition of Owner. ) The person to whom a certifi-
cate was originally issued is the person appearing by the
certificate to be the owner thereof, and of the shares repre-
sented thereby, until and unless he indorses the certificate to
another specified person, and thereupon such other specified