Corporation Law of Maryland

Front Cover
G.W. King Printing Company, 1908 - Corporation law - 350 pages
 

Contents

Transfer of assets and debts
14
Powers of
15
Capital stock if located elsewhere in State
16
Rules restrictions and limitations of said banks viz
17
Cumulative voting
20
Defaulting bank to pay interest to note holders and
26
Sale lease or exchange of property as an entirety dissent
32
Treasurer to appoint bank examiner affairs of banks to
33
ARTICLE
38
Shares liable thereto proceedings
43
Corporation may be formed under general laws When
48
Duty to keep accounts and statements
49
Counties shall not lend credit to corporations unless author
54
25
56
PUBLIC GENERAL LAWS 1904
67
the death or resignation of the members
73
Bank failing to comply shall forfeit charter appointment
75
Involuntary dissolution
76
General effect of this article
79
By the Attorney General States Attorney and the consent
84
When title to remain in vendor of railroad rolling stock until
87
Corporations to be subject to changes in laws
93
SECTION PAGE 111 Wages payment of by certain
98
In case of neglect to make deposit Attorney General to insti
99
Consent of County Commissioners to be first had
100
Revision of tolls report to County Commissioners
101
Authority to charge tolls from County Commissioners or Governor
102
BUILDING OR HOMESTEAD ASSOCIATIONS 122 Special powers of
103
ARTICLE XXIII
104
Remedy to enforce such liability
105
Transfer to such corporations
106
Loans to be made in money
107
CEMETERY COMPANIES 132 May hold one hundred acres not in city without its authority
108
Lots held only for burial
109
GAS AND ELECTRIC LIGHT COMPANIES 142 Powers of gas light companies
110
Of electric light companies
111
SECTION PAGE
112
42
115
Insurance of wifes and minors property
118
Actuary shall report violations of law
130
SECTION PAGE 169 Policies to be valid must be signed by authorized officer or agent resident in this State proviso as to rolling stock and movable ...
136
License of authority must be obtained by certain surety or guaranty companies
137
Penalty for noncompliance with requirements
138
Penalty for acting without license insurance company de fined
139
Mutual cooperative assessment or stock plan insurance companies
141
Such organizations may make contract of insurance upon adults and infants
142
Assumption of misleading corporate name
143
Vote of stockholders 2 Who eligible as directors or president 3 Annual statement to stockholders
144
Proceedings to vacate charter
146
Publication of abstract of annual statement
147
Property held by foreign companies
148
Companies may insure against loss by burglary of money and securities in course of transportation
149
Not to do business without compliance with this article
150
SECTION PAGE
151
Copy of charter and other papers to be filed with Insur
158
Penalty against agent violating Sections 210 to 223
164
Conditions upon which foreign insurance companies
165
Not to interfere with Chesapeake and Ohio canal or Balti more and Ohio railroad
166
Connection with such railroads
167
Rates when furnishing cars
168
MUNICIPAL CORPORATIONS 241 May make levy to pay judgments against
169
What certificate must contain
170
May construct road
171
Increase of capital stock
172
Railroad companies may purchase or condemn property con demnation proceedings
173
Jury of inquisition
175
Rightofway of unfinished railroad unused for ten years to be held to be abandoned
176
Occupation of roads streets or alleys manner and terms of how arranged
177
To what roads Sections 251 254 and 255 shall apply
178
Crossings of highways roads and streams
179
SECTION PAGE 262 Warning signs at crossings
180
In what cases railroads may consolidate parallel and com peting railroads may not consolidate without special act
181
265A Right of railroad company to lease its road and franchises
182
Flagmen or electric bells at public crossings
192
May cross other railroads when and how
193
How to be sued for
194
Judgments by default in such cases
195
When untrue statements in application for life insurance may forfeit policy 150
196
Mistaken statement of age of insured real age to be the basis of payment 150
197
Abstract of annual statement to be published by insurance companies doing business in the counties proviso 150
198
300E1 Mileage books
200
300J Right to use electricity
201
RELIGIOUS CORPORATIONS 301 Trustees of to be body politic
203
Succession to be kept up how
204
Plan of church organization to be determined at first meet ing
205
To be recorded by clerk of Circuit or Superior Court
206
Conveyance to church by trustees
207
Powers of such corporations
208
Trusts gifts etc how conveyed to such corporations
209
SAVINGS INSTITUTIONS 318 Power to receive and invest deposits
210
Inspection of State Treasurer
211
Ascertainment of such damages
212
Return and confirmation of inquisition
213
Transmission of despatches penalty
214
Injury to property punishment
215
Requisite capital and assets of such company certificate
221
To what societies orders or associations these provisions
225
Inquisition
228
WATER COMPANIES SECTION PAGE 358 May acquire and hold property not to apply to Baltimore city
230
Jury how selected
231
Oath to jurors
232
Compensation to be first paid or tendered
233
Police for railroad and other corporations
234
Compensation of examiners
235
Board of Police Commissioners may appoint officers for cor poration in Baltimore city
236
ARTICLE XXIV
237
Conversion of bill of lading
238
Corporations hereafter chartered to be organized within
239
Employment of children by manufacturing companies
241
229230 Penalty
242
Heating passenger cars
243
Colored passengers
244
Colored passengers
245
Exemption from law
246
Colored passengers on steamboats
247
Penalty
248
Colored passengers
249
ARTICLE LVI
252
Service of process upon
253
Agent acting without license
254
43
255
PAYMENT OF TAXES BY CORPORATIONS 87 Shall pay State tax for previous year on their capital stock
259
Provisions as to savings banks
260
No exemption under provisions of Section 89 as to sav ings banks
261
Corporations mentioned in 108 after renewal of their char
264
Purposes
266
ASSESSMENT OF CORPORATE STOCK OWNED BY NONRESIDENTS
267
SECTION PAGE
274
State Tax Commissioner to return to Comptroller his valu
280
COUNTY TAXATION OF RAILROAD PROPERTY
293
Foreign Executor and Administrator
298
Certificate of incorporation
305
Agreement of consolidation
311
Election of directors
312
Semiannual statements to stockholders 5 Limit to issue of bank notes 6 Oath of president and directors 7 Limit to indebtedness 8 Powers of board 9 D...
316
ARTICLE IX
317
Annual certificate to be filed with Secretary of State by for
323
3
327
General meetings of stockholders
328
77
333
Failure to pay calls
335
When corporation may be proceeded against as nonresident
342
Cashier or treasurer 13 Real estate
344
stock to be personal estate
347
Submission to the laws of this State
348
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Page 94 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Page 117 - No life insurance company doing business in this state shall make or permit any distinction or discrimination in favor of individuals between insurants (the insured) of the same class and equal expectation of life in the amount or payment of premiums...
Page 2 - The Legislature shall pass general laws providing for the cases enumerated in this section, and for all other cases which in its judgment may be provided for by general laws.
Page 83 - ... before any officer authorized by the laws of this state to take acknowledgments of deeds to be the respective...
Page 4 - The General Assembly shall not remit the forfeiture of the charter of any corporation now existing, or alter or amend the same, or pass any other general or special law for the benefit of such corporation, except upon the condition that such corporation shall thereafter hold its charter subject to the provisions of this Constitution.
Page 15 - And, also, to make, have, and use, a common seal, and the same to break, alter, and renew, at...
Page 315 - He shall disburse the funds of the Corporation as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and Directors, at the regular meetings of the Board, or whenever they may require it, an account of all his transactions as treasurer and of the financial condition of the Corporation.
Page 117 - ... nor shall any such company or agent thereof make any contract of insurance or agreement as to such contract other than as plainly expressed in the policy issued thereon...
Page 55 - ... the corporation shall not for that reason be dissolved, but it shall be lawful on any other day to hold an election for...
Page 3 - Corporations may be formed under general laws; but shall not be created by special act, except for municipal purposes, and in cases where, in the judgment of the Legislature, the objects of the corporation cannot be attained under general laws. All general laws and special acts passed pursuant to this section, may be altered from time to time or repealed.

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