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The Maryland Code : Public General Laws and Public Local Laws, 1860
Volume 145, Page 148   View pdf image (33K)
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148 CORPORATIONS. [ART. 26.

2. Upon proof made to the judges of any such election of such
notice having been delivered as aforesaid by any five stock-
holders, such judges shall, before receiving the votes, require all
stockholders offering to vote in person, the stock of the corpora-
tion, to take the following oath : " I do solemnly swear, that the
stock which I now propose and offer to vote in the election of the
——, is my sole and bona fide property, or belongs solely and
bona fide to me and my partner or partners in trade, or is held
by me as trustee or in some fiduciary relation, to be specified in
such oath, and that my right and title to the same has been
fairly and bona fide and not colorably nor fraudulently created
or acquired, and not with any intent to increase the number of
votes which would otherwise be allowed to said stock, nor in any
manner directly or indirectly to violate, avoid or evade the stand-
ard of voting, as fixed either by the charter of said company or
its by-laws, and that the said stock, to the best of my knowledge,
belief and information, or any interest I have therein, is not now
retained in my name, or in that of my partner, on the books of
said corporation, with any such intent, design or purpose, and
that I do now design in all respects, and in good faith, to comply
with the charter of the said corporation and its regulations, upon
the subject of voting stock therein."

3. Whenever any such stock is owned by and stands in the
name of any corporation or body politic, some officer thereof
shall take the oath prescribed in the last preceding section, and
further declare, on oath, that he has full opportunity from his
official station in the corporation to know the opinions and senti-
ments of a majority of the directors thereof in relation to such
stock, and that he represents them fairly in the premises.

4. No person, or body corporate, shall vote by proxy on stock
held in any private corporation, unless the person, or in case of
a body corporate, the president, cashier or some lawfully consti-
tuted officer thereof, shall make oath before some person author-
ized by the laws of Maryland or by the laws of the State where
the same shall be administered to administer an oath, to the
same effect as required by the second section of this article, a
certificate of which oath shall be produced before the person or
persons holding said election, before any vote by proxy shall be
received.

5. No person shall act as director of any bank requiring that
the directors thereof shall hold any number of shares therein,

 

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The Maryland Code : Public General Laws and Public Local Laws, 1860
Volume 145, Page 148   View pdf image (33K)
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