The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1894-05-04

to the date of the passage of this Act
shall be authorized to increase its capt.
tai stock it shall pay tax of one-eighth
of one per centum to the State Treas
urer for the use of the State upon the
amount of increase said company is
authorized to have; said bonus shall be
due and payable upon the recording of
the certificate of increase authorized or
upon the passage of any special Act
authorizing such increase.
IS q. If any corporation or company
from which said bonus shall be due,
shall fail or neglect to pay the same to
the Treasurer of the State for the space
of two months after the same has been
due and payable as aforesaid, it shall be
the duty of the Comptroller to make
out said account against said corpora
ton and certify the same under the seal
of his office and transmit the same to
some attorney in whom he has conf
dence, and to cause suit to be brought
for the recovery of said bonus, but no
acquittance shall be good to discharge
such corporation from such bonus but
the receipt of the Treasurer of the State
or the proper officer to whom execution
on judgment may issue.
SSH. Suit for the recovery of such
bonus shall be brought in the county
where the incorporation papers of said
corporation are recorded or where the
principal Office of such company is
located, or in the City of Baltimore, if
the incorporation papers of such COM
pany are there recorded. or the princi-
pal Office of such company is there
located, and the service of the writ of
summons upon any officer or agent of
such company, or upon any stakeholder
or incorporation in such company, shall
be deemed and taken as sufficient service
on such corporation upon the return of
the writ issued against such corporation,
and such corporation being summoned
as aforesaid, the cause shall stand for
trial or hearing according to the laws
and the respective rules of courts of this
State; and if judgment shall be rem
dered against such corporation, fee of
ten dollars shall be allowed the Attor
ney for the State, TO be taxed in the
plaintiff s costs.
SS l. If after suit brought and judg-
ment rendered as aforesaid any corpor-
alton from which said bonus shall be
due as aforesaid shall continue in ar
reaIs and shall fail or neglect to pay
said bonus to the State Treasurer for the
space of two years after the same shall
be so in arrears such failure and
neglect shall be deemed to amount to
and shall constitute forfeiture of the
charter of such corporation and said
charter shall be decreed to be SO for
feited and annulled ipsO.tacto, and that
any and all corporate powers exercised
by any such building or homestead as
ISOLATION formed since January first,
I SOl nd ,Nriar 70 fhn Iafn of tho
sage of this act are hereby given valid
ity and full force.
SO ]. The certificate of the Comptrol-
Ter under the seal of his Office shall be
prima f1cie evidence of the amount of
bonus due as aforesaid to entitle the
State to judgment for said bonus and
costs of suit.
SEC. 2. And be it enacted, That all
Acts and parts of Acts inconsistent with
the provisions of this Act be and the
same are hereby repealed; provided,
however, that no corporation incorpor-
ated prior to the date of the passage of
this Act shall in any manner by this
payment of any bonus now due and Ow-
ing by it or which shall become due and
payable by it prior to the date of the
of chapter five hundred and thirty-six
of the Acts of he General Assembly of
Maryland of the year eighteen hundred
and ninety, excepting, nevertheless,
such classes of corporations as will be ex
empt from the operation of this Act
which said classes of CORPORATIONS here
tofore formed shall be exempt from the
operation of this Act in like manner as
such classes of corporations hereafter to
be formed.
SEC 8. And be it enacted, That this
Act shall take effect from the date of
its passage.
Approved March 81, 1894.
FRANK BROWN, Governor.
JOHN WALTER SMITH,
President of the Senate.
JAMES H. PRESTON,
Speaker of the House of Delegates.