The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1912-05-17
SALES AND NOTICES.
CHAPT 4. R 451.

AN ACT TO add certain new sections
to Article SO of the Code Of Public
General Laws, title "Sales and No
tees; said sections to follow im-
mediately after section 97 of said
article, and to be designated az
sections SO, 80, 100 and 101.
Section 4. b. it enacted by the
General Assembly OF Maryland That
certain new sections be, and the
same arc hereby added to Article SO
Of the Code of Public General Laws,
title SALES and Notices; said sec
tons to follow section az, of said
article, and to be designated as sec
tons SO, 80 100 and 101 and to read
a. follows:
person who shall bargain for or pur-
chase any stock of goods, wares or
merchandise in bulk for cash or
credit within this State It'd demand
and receive from the vendor thereof,
and if the vendor be a corporation,
then from a managing officer CT agent
thereof, at least i've days before the
contamination OF such bargain OH
purchase, and at least five days be-
fore paying or delivering to the VEN
dor any part of the purchase price or
consideration thereof, or any promis-
Dry note or other evidence off indebt-
edness therefor, a written statement
under oath, containing the names and
addresses of all the creditors OF said
vendor, together with the amount Of
Indebtedness due or owing, by said
vendor to each Of such creditors, and
if there be no such creditors, a. writ
ten statement under oath to that #
feet and 1T shall d. the duty of such
vendor to furnish such statement at
least five days beore any sale or
transfer by him of any stock Of goods,
wares or merchandise, in bulk.
3d. That after having received
from the vendor the written state
ment under oath mentioned in section
98, the vendor shall at least five days
before the contamination ot such
bargain Or purchase and at least five
days before paying or delivering to
the vendor any part Of the purhase
price consideration thereof, or any
promisory note, or other evidence of
Indebtedness for the same in good
faith, notify or cause to be notified
personally, or by registered letter,
each of the creditors of The vendor
named i'm the statement of the propOS-
ed purchase by him of such stock
of goods, wares or merchandise; and
whenever any person shall purchase
any stock of goods, wares OF mer-
chandise in bulk, or shall pay the pur-
chase price, or any part thereof or
execute or deliver to the vendor
thereof, or to his order, or to any
person for hi use, any prOmissory
note or other evidence Of indebted
ness for said stock, or any part there
of, without having first demanded and
received from his vendor the state
ment under oath a. provided IT, sec-
ton 98, and without having notified
or caused to be notified all of the
creditors of the vendor named IT, such
statement aS in the section present
ed, such purchase, sale or transfer
shall, to any and to all subsisting
creditors of the vendor, be void.
100. That any sale OF transfer OF "a
stock Of goods, wares or merchandise
of the business in the trade of the
vendor, or whenever thereby substan-
TALLY the entire business trade there
tofore conducted by the vendor shall
be sold or conveyed, or attempted to
be sold or conveyed, to one or more
persons, shall b. deemed sale or
transfer iR bulk, in contemplation of
this law.
101. That nothing contained IL
the aforegoing sections shall apply To
sales made by executors, admins
traitors, receivers or any public OH
Ger conducting sale in his oft1clal
capacity, nor to any deed OF trust
executed for the benefit Of the credl-
tors.
Sec. 2. And be 1t enacted, That this
act shall take effect from the date
of it's passage.
Approved April q, 1912.