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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 700   View pdf image (33K)
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700 CORPORATIONS. [ART. 23

issue to such company a certificate setting forth that such company
has qualified and is authorized for the ensuing year to do business
under section 378, which said certificate shall be evidence of such
qualification of such company and of its authorization to become and
be accepted as sole surety on all bonds, undertakings, recognizances,
obligations required or permitted by law, or in the charter, ordinances,
rules or regulations of any municipality, board, body, organization or
public officer, and the solvency and credit of such company for all
purposes and its sufficiency as such surety.

1904, art. 23, sec. 342. 1892, ch. 279.

381. No corporation, which under the laws of this State, shall act
as trustee, executor, administrator, guardian, committee or receiver, or
in any one or more of those capacities without bond or security other
than its own obligation, in any case in which bond would be required
from a natural person in the like or similar capacity, shall incur the
liability of a surety upon any bond of any sort or description, and all
acts and parts of acts whether general or special inconsistent herewith
are hereby repealed.

Turnpike, Plank Road and Passenger Railway Companies.

Ibid. sec. 343. 1888, art. 23, sec. 233. 1868, ch. 471, sec. 107.
1882, ch. 456.

382. Corporations for making turnpikes, or plank roads, or passen-
ger railways outside of the limits of the city of Baltimore, may be
formed as hereinbefore provided; no such passenger railway to exceed
twelve miles in length; and such turnpikes, plank roads, or passenger
railways may be constructed on the bed of any county road or on
part of the bed thereof, the consent of the county commissioners of the
county in which said road may lie, having been first given in writing
and recorded among the proceedings of said county commissioners, and
also recorded in the book or journal of proceedings of said corporation;
the location of the bed of any part of said county road may be changed
by said corporation, for the purpose of a better construction of said
turnpike, or plank road, or passenger railway; provided, the land to be
occupied be obtained by agreement with the owners thereof, or by
condemnation; at least fifteen feet in width of the bed of any turnpike
road shall be covered with broken stone or gravel, or other hard or
durable materials, to the depth of at least twelve inches, unless the
natural bed be hard; and the bed of any plank toad shall be well and
securely laid and covered with plank or wood for the same width.

A corporation held to have been Incorporated under this section. This sec-
tion referred to in construing section 392—see notes thereto. Back River Co.
v. Homberg, 96 Md. 436.

For the regulations concerning carriers prescribed in the act creating the
public service commission, see sec. 425, et seq.
As to railroads, see sec. 260, et seq.

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 700   View pdf image (33K)
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