Section 22

Section 22. That, if the said officers of any such limited partnership, joint-stock association, or corporation shall neglect or refuse to furnish the Auditor General, on or before the last day of March in each and every year, with the report and appraisement as aforesaid, as required by law, it shall be the duty of the accounting officers of the Commonwealth to add ten per centum to the tax of said limited partnership, joint-stock association, or corporation for each and every year for which such report and appraisement were not so furnished, which percentage shall be settled and collected with the said tax in the usual manner of settling accounts and collecting such taxes. If the officers of any limited partnership, association, joint-stock association, or corporation, or any of them, shall intentionally neglect or refuse to furnish the Auditor General with the report and appraisement, as required by law, for three successive years, he or they shall be guilty of a misdemeanor, and on conviction thereof shall be sentenced to pay a fine of five hundred dollars, and undergo an imprisonment not exceeding one year, or both or either, at the discretion of the court: And provided further, That the Auditor General shall report the fact to the Governor, who, if he shall be satisfied that such failure was intentional, shall thereupon by proclamation declare the charter of said corporation or company forfeited and its chartered privileges at an end; whereupon the same shall cease, end, and be determined, saving, however, the rights of the creditors and stockholders in and to any property, assets, claims, or demands of the corporation or company.