dollars for each failure or neglect, to be recovered by indictment in the circuit court for the county where the savings bank may be located, or in the criminal court of Baltimore, as the case may be. 1888, art. 11, sec. 8. 1860, art. 12, sec. 16. 1840, ch. 85. 10. The courts of this State, upon petition of any party holding or being possessed in trust of the notes payable on demand or to bearer, of any insolvent banking corporation, may direct an inspection and audit of such bank notes, and after a particular count and statement thereof, made under order of and filed in court, shall direct such bank notes to be burned or destroyed by the sheriff of the county in the presence of the petitioner or his counsel, and a report of such burning and destruction shall be made to the court giving such order. Ibid. sec. 9. 1860, art. 12, sec. 17. 1836, ch. 272. 11. Any bank may recover on a note made payable to such bank, or made payable to any of its officers. Ibid. sec. 10. 1860, art. 12, sec. 18. 1898, ch. 277. 12. Every banking association authorized by its charter to do a banking business in this State shall make to the treasurer of the State of Maryland not less than five reports during each year according to the form which may be prescribed by him, which reports shall be verified by the oath or affirmation of the president, cashier or treasurer of such association or trust company, and attested by the signatures of at least three of the directors thereof, such oath or affirmation to be made before any officer of this State authorized to take acknowledgments of deeds; and every report so made shall exhibit in detail and under appropriate heads the resources and liabilities of such association, at the close of business on any past day by him, the treasurer, specified, and which said reports, respectively, shall be transmitted to the treasurer of this State within five days after the receipt of his request or requisition therefor, and a summary of such report shall be published in some newspapers published in the city or county where such association in this State may be located, and if there be no newspapers published in such city or county, then such summary shall be published in a newspaper published in a county adjacent thereto; the publication of which said reports shall be at the expense of the respective associations in this State thus mak ing the same; and such proof of publication shall be furnished as may be required by the treasurer. The treasurer shall also have power to call for special reports from any such association in this State, whenever in his judgment the same are necessary in order to invest him with a full and complete knowledge of its condition. 1888, art. 11, sec. 11. 1860, art. 12, sec. 19. 1864, ch. 13. 13. The several banks of this State now having authority to issue notes are hereby authorized and empowered to issue twenty per cent. of their capital stock actually paid in, in notes of a less denomination than five dollars, but no note shall be issued of a less denomination than one dollar; and nothing herein shall be construed to enlarge the total amount of the notes to be issued by any bank beyond what is now allowed by law. Ibid. sec. 12. 1865, ch. 144, sec. 1. 14. Any bank, savings institution or savings bank, incorporated under the laws of this State, may become an association for the purpose of banking under the laws of the United States; provided, it shall first comply with all the requirements of the act of the first session of the thirty-eighth congress of the United States, entitled, "An act to provide a national currency secured by a pledge of the United States bonds, and to provide for the circulation and redemption thereof." Ibid. sec. 13. 1865, ch. 144, sec. 2. 15. Before any bank, savings institution or savings bank of this State shall avail itself of said privilege, and of the aforesaid act of congress, its stockholders, by and with the written advice and consent of the owners of three-fourths of the capital stock of said bank, savings institution or savings bank, or at a special meeting called for the purpose, shall decide whether the said bank, savings institution or savings bank shall or shall not become an association for the purpose of banking under the laws of the United States; and at said meeting every stockholder may cast one vote for each share of stock held by him or her; and every stockholder who shall be absent from said meeting may vote by proxy; and every executor, administrator, guardian, or trustee holding stock in said bank, savings institution or savings bank may vote in person or by proxy, without incurring any responsibility by such vote; and the treasurer of Maryland is hereby authorized and directed to represent and vote the stock held by the State in any bank, savings institution or savings bank of this State; and if, on casting up the vote at the said meeting, it shall appear that the owners of two-thirds of the capital stock of said bank, savings institution or savings bank, are in favor of converting the said bank, savings institution or savings bank, into an association for the purpose of banking under the laws of the United States, the directors of said bank, savings institution or savings bank, or a majority of them, may execute the organization certificate, and such other papers as shall be necessary, and may perform all acts required by law for enabling the said bank, savings institution or savings bank to become such association. 1888, art. 11, sec. 14. 1865, ch. 144, sec. 3. 16. Whenever any bank, savings institution or savings bank in this State shall present to the clerk of the court of appeals of Maryland a certificate from the comptroller of the currency, setting forth under his hand and official seal, that the bank, savings institution or savings bank has become an association for the purpose of banking under the laws of the United States, the said clerk shall record such certificate, and shall send an authenticated copy thereof to the governor of the State, who, on receiving the same, shall give notice for at least three weeks in some newspaper printed in the city or county where said bank, savings institution or savings bank is located, that said bank, savings institution or savings bank has been converted into such association, and that its charter as granted by the general assembly of Maryland has been surrendered, and thereupon all its corporate powers shall cease; provided, nevertheless, that said bank, savings institution or savings bank may continue to use its corporate name for the purpose of prosecuting and defending suits instituted by or against it, and of enabling it to close its affairs, but not for the purpose of continuing under the laws of this State, the business for which it was established; and no bank, savings institution or savings bank thus converted into a banking association under the laws of the United States shall re-issue for circulation any of the notes issued during its existence under the laws of the State, for more than one year after its charter has been surrendered ; provided, that the existing laws of the State providing for taxes on the state banks for the purposes enumerated therein shall extend and apply to all State banks and other institutions availing themselves of the provisions of sections 14-18, when they shall have become banking associations under the act of congress; and all sums required by the charters of said institutions and banks to be paid to the State shall continue, as heretofore, to be paid. 1888, art. 11, sec. 15. 1865, ch. 144, sec. 4. 17. Whenever any bank, savings institution or savings bank in this State shall have surrendered its charter, and become an association for the purpose of banking under the laws of the United States, all its assets, real and personal, without other transfer, shall vest in and become the property of such association, and said association shall be responsible for all the debts and liabilities of said bank, savings institution or savings bank, incurred prior to the surrender of its charter. Ibid. sec. 16. 1865, ch. 144, sec. 5. 18. Whenever the charter of any bank, savings institution or savings bank, in the State, has been surrendered, as hereinbefore provided for, the members of the board of directors, last in office, shall forthwith deliver up all the plates and dies of said bank, savings institution or savings bank, to the superior court of Baltimore city, when said bank, savings institution or savings bank is located in that city, or to the circuit court for the county in which said bank, savings institution or savings bank may be located; and the judge of each of said courts shall cause the said plates and dies to be destroyed in his presence, and also in the presence of the president or cashier of said bank, savings institution or savings bank; and the members of board of directors, who wilfully refuse or neglect so to do, shall be deemed guilty of a misdemeanor, and on conviction shall be severally punished by a fine not exceeding five hundred dollars. Ibid. sec. 17. 1870, ch. 206, sec. 1. 19. Associations for carrying on the business of banking may be formed by any number of persons, not less in any case than five, who shall enter into articles of association which shall specify, in general terms, the object for which the association is formed, and may contain any other provisions not inconsistent with the provisions of this article, which the association may see fit to adopt for the regulation of the business of the associa tion and the conduct of its affairs; and the president and cashier elect of any existing bank in the State of Maryland, established either under the laws of this State or of the United States, together with any five directors thereof elect, are hereby appointed commissioners, with authority to establish a banking institution in their present locality, or any other within the State, and under their present style, so modified, however, by omitting the word "National" where now existing, as to represent a State institution, and when deemed necessary or advisable, to adopt a new style altogether. 1888, art. 11, sec. 18. 1870, ch. 206, sec. 2. 20. The said institution, under the name and style adopted, is hereby made able and capable in law to sue and be sued, plead and be impleaded, answer and be answered, defend and be defended, in courts of record or any other place whatsoever ; to make, have and use a common seal, and the same to break, alter and renew, at its pleasure, and generally to do and execute all and singular such acts, matters and things as a corporation or body politic may and can lawfully execute. Ibid. sec. 19. 1870, ch. 206, sec. 3. 21. The capital stock of said corporation, when located in the city of Baltimore, shall consist of not less than three hundred thousand dollars, divided into shares of one hundred dollars each, with the privilege of so increasing, from time to time, the number of shares to, in all twenty thousand, thus making the entire capital stock two million dollars; and when three hundred thousand dollars of said capital stock shall have been full paid, in the lawful money of the United States, and shall be so certified by a majority of the said commissioners or directors, to the treasurer and comptroller of the State, and a certificate of their organization be transmitted to the clerk of the court of appeals, to be by him recorded among the records of his office, and not before, shall such corporation be entitled to all the benefits and privileges herein conferred or intended to be conferred. Ibid. sec. 20. 1870, ch. 206, sec. 4. 22. The capital stock of said corporation, when located elsewhere than in the city of Baltimore, shall consist of not less than fifty thousand dollars, divided into shares of one hundred dollars each, with the privilege of so increasing, from |