|
|
|
|
|
|
|
ART. XXIII] BOOKS AND ACCOUNTS. 103
ing a particular account of its assets and liabilities in detail, and to
have the same ready and on file at the principal office of the 'corporation
within twenty days after the presentation of such request. And such
statement shall at all times during business hours be open to the inspec-
tion of any stockholder, and he shall be entitled to copy the same.
Bill of complaint held sufficient, although this and the two following
sections might afford minority stockholders opportunity to know what is
on the books. See notes to section 10. Matthews v. Headley Chocolate
Co., 130 Md. 540.
See notes to this section in volume 1 of the Annotated Code.
1904, art. 23, secs. 5, 80. 1888, art. 23, secs. 5, 72. 1868, ch. 471, secs. 5, 67,
1908, ch. 240, sec. 48. 1916, ch. 596, sec. 73.
73. Original or duplicate stock ledgers, containing the names and
addresses of the stockholders of every corporation of this State, having
capital stock, and the number of shares (of each class, if two or more
classes have been issued) held by them respectively, shall during "the
usual business hours of every business day be open for the inspection
of any person or persons holding in the aggregate five per cent, of the
outstanding capital stock, or five per cent, of any class thereof, if two
or more classes have been issued, at its principal office in this State;
provided, however, that this provision shall be deemed complied with,
if the stock ledger, open for inspection as aforesaid, disclose all trans-
fers made up until twenty days before such inspections. The other
books of the corporation, wherever located, shall be open to inspection
by stockholders upon the terms upon which stock ledgers are open to
their inspection.
See notes to section 72.
See notes to this section in volume 1 of the Annotated Code.
1904, art. 23, sec. 5. 1888, art. 23, sec. 5. 1868, ch. 471, sec. 5.
1908, ch. 240, sec. 49. 1916, ch. 596, sec. 74.
74. The directors, managers and trustees of every corporation of
this State shall keep full and fair accounts of their transactions. The
president of every such corporation shall annually prepare a full and
true statement of the affairs of the corporation, which shall be submitted
at the annual meeting of the stockholders or members and filed within
twenty days thereafter at the principal office of the corporation in this
State, where it shall, during the usual business hours of every business
day, be open for the 'inspection of every stockholder or member of the
corporation.
See notes to section 72.
See notes to this section in volume 1 of the Annotated Code.
Dissolution.
1904, art. 23, sec. 378. 1888, art. 23. sec. 265. 1868, ch. 471, sec. 186,
1908, ch. 240, sec. 51. 1916, ch. 596, sec. 76.
76. Any corporation of this State may close its affairs and authorize
a bill for its dissolution to be filed in the following manner:
|
|
|
|
|
|
|
|
 |