Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1875-09-23
FAIR PLAY.

BREACH OF TRusr.-The Board Of
Trade of Baltimore city hare had under
consideration the proposition TO inquire
into and report upon the expediency of
petitioning the next Legislature of this
State to enact such laws rs will make
Breach of Trust subject to the same
penalties as larceny. Subsequently,
the Committee reported and says that
it finds the existing law in Maryland to
consist of the following statutes Md
Code, Art. so, sec. 40.
IF any cashier, servant, agent or
clerk, or any person employed for the
purpose or in the capacity Of cashier,
servant, agent or clerk to any person
CO to any body corporate, shall, by
virtue of such employment, receive or
take into his possession any money,
goods, bill, note, bond, check, evidence
OF debt or other valuable security or
effects, for, and in the name, or on ac-
count Of his employer, and shall fraud
ufently emIbezzle, secrete or make way
with the same, or any part thereof. he
shall be deemed guilty Of having felo-
niously sto.en the same from his en-
ployer, fer whose use or in whose name,
or on whose account the same was or
were delivered to or taken into the po-
session Of such cashier, servant, clerk,
or persons employed, although such
other money, goods, bill, bond, note,
check, evidence of debt or other valua-
bic sectrity or effects was or were not
otherwise received into the possession
of such employer, than hy the actual
possession Of bis cashier, servant or
clerk, or other person so employed;
and every such offender, his adviser,
alder. procurer or aIettor shall, on con-
yiction thereof, De sentenced 10 the pen
itentiary for not less than FIVE nor more
than fifteen years"
Again, Maryland Code, supplement
I861-67, sec. 81:
"If any money or security for the
payment Of money shall be intrusted
to any banker, broker, merchant. attor-
ney or ether agent with any direction
IN writing to apply such money or any
part thereof, or the proceeds or any
part OF the proceeds of such security
for any purpose specified in such dircc-
tiop, and be shall in violation Of good
faith and contrary to the purpose so
specified, in anywise convert 10 his own
use or benefit such money, security
or proceeds, or any part thereof respec.
lively, every such offender shall be guilty
Of misdemeanor, and, being convicted
thereof, stall be imprisoned in the PEN
Itentlary for tenn of not more than
ten years or less than three years, and
be fined not more than five thousand
nor less than one thousand dollars; and
IL any chattel or valuable security, or
any power of attorney for the sale or
transfer of any share or interest, or
certificate Of any share or interest, in
am. stock Of this or any other State or
OF the United States, or any foreign
State. or in any funds or capital stock
Of any body corporate, company or
society, shall be entrusted to any bank
er, broker, merchant, attorney, or other
agent for safe custody, or for any spe-
cial purpose withoat any authority TO
sell. negotiate, transfer or pledge, and
be shall in violation of good faith aud
contrary 70 the object or purpose for
which such chaftel or security, or pow
er Of attorney shall hare been entrusted
TO him. sell, negotiate, transfer, pledge,