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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 82   View pdf image (33K)
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82 CORPORATIONS. [ART. XXIII
shall prevail to the extent of such inconsistency; and provided (third),
that in the event of any inconsistency between any of the provisions of
said sections and the provisions made for particular classes of corpora-
tions by the subsequent sections of this Article, the latter shall prevail
to the extent of such inconsistency; and provided (fourth), that nothing
herein shall be taken or construed as preventing the formation and
management under the provisions of said sections, and without reference
to the provisions made for particular classes of corporations by the
laws of this State, of corporations for constructing, maintaining and
operating railroads or railways or telegraph or telephone lines, to be
located entirely outside of this State, or of water or mining corporations
conducting their operations entirely outside of this State; and provided
(finally), that unless therein otherwise stated, the said sections shall be
available to all corporations of this State as alternative to and not in
substitution for any inconsistent provisions contained in any such
special act or agreement of consolidation or in the provisions made for
particular classes of corporations by the subsequent sections of this
Article.
(2) The words "Clerk of the Circuit or Superior Court" used
herein, shall be taken to mean the Clerk of the Circuit Court for a
county, or the Clerk of the Superior Court of Baltimore City, as the
ease may be.
(3) The word "directors" shall include trustees, managers and the
members of the governing body of the corporation, by whatever name
they may be called.
(4) The words "stockholders" and "shareholders" shall include
members in the case of corporations having no capital stock, and vice
versa, unless such construction would be inconsistent with the context.
(5) The location of the principal office of a corporation shall be the
place named as such in the charter; and when the location of the prin-
cipal office is not so named, it shall be deemed to be the place where the
main office of such corporation in this State for the transaction of
business is actually situated.
(6) The word "Charter" shall include charter granted by special
act, certificate of incorporation and agreement of consolidation, either
us originally passed or filed or as amended, unless such construction
would be inconsistent with the context.
See notes to this section in volumes 1 and 3 of the Annotated Code.
1916, ch. 596, sec. 17.
1A.* Nothing in the Act of 1916, Chapter 596, shall be construed
to affect the existence of any corporation existing on the first day of
June, in the year nineteen hundred and sixteen, or to impair the valid-
ity of any corporate act done or performed in accordance with the pre-
*This is section 17 of the act of 1916. ch. 596. to be found on pages 1232-3 of
that act.


 
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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 82   View pdf image (33K)
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