ART. 23] EXECUTION OF ATTACHMENT OF STOCK. 197

sheriff, and confers authority upon the court which excludes an intention
that the section should be applicable to the stock of a foreign corporation.
Corporate stock is attachable only when a statute allows it, and the author-
ity extends only to corporations existing in this state. U. S. Express Co.
v. Hurlock, 120 Md. 112.

69.

This section and section 68 are applicable only to corporations created
by this state. See notes to section 68. U. S. Express Co. v. Hurlock, 120
Md. 113.

Dissolution.

77.

Cited but not construed in Preston v. Poe, 116 Md. 6.

78.

Xhis section referred to in construing section 79—see notes thereto.
Hughes v. Hall, 118 Md. 678.

Section 264 (article 23) of the code of 1888, cited but not construed in
Blackistone v. State, 117 Md. 238.

Cited but not construed in Preston v. Poe, 116 Md. 5.

79.

A prior decree of dissolution is essential to the maintenance of a bill by
a receiver to set aside an unlawful preference. Prior to the act of 1896,
chapter 349, corporations were not within the provisions of the insolvent
law. History of this section. Hughes v. Hall, 118 Md. 678.

This section is a combination of sections 377, 382 and 383 of article 23
of the code of 1904. The vesting in the receiver is by this section made
the legal consequence of a decree of dissolution. This section referred to
in construing section 66—see notes thereto. Hughes v. Hall, 117 Md. 552.
And see Hughes v. Hall, 118 Md. 677.

To the second note to section 79 on page 569 of volume 1 of the Anno-
tated Code, add the case of Hughes v. Hall, 117 Md. 551. And cf. Hughes
v. Hall, 118 Md. 676.

Section 377 of the code of 1904, cited but not construed in Blackistone v
State, 117 Md. 238.

80.

An alleged reason for the appointment of a receiver ex parte, held to be
answered by this section. Balto. Trust Co. v. George's Creek C. & I. Co.,
119 Md. 31.

This section referred to in construing section 79—see notes thereto.
Hughes v. Hall, 118 Md. 678.

81.

This section referred to in construing section 79—see notes thereto.
Hughes v. Hall, 118 Md. 678.

1914, ch. 388.

81A. All defences, including limitations and laches, may be pleaded
by any stockholder of any corporation now or hereafter dissolved by
judicial proceedings, as effectually as by such corporation or the receiver
thereof, at any time before the final ratification of the auditor's account
distributing the assets of such corporation among its creditors, and stock-
holders.