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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 84   View pdf image (33K)
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84 CORPORATIONS. [ART. XXIII
(g) Any provisions which may be desired, for the purpose of de-
fining, limiting and regulating the powers of the corporation, and of
the directors and stockholders or any class of the stockholders; pro-
vided, such provisions are not contrary to the law of this State or in-
consistent with any of the terms and limitations of this article. Any
provision which is hereinafter in this article authorized to be made in
the by-laws, may, if desired, be made in the certificate of incorporation.
See notes to this section in volumes 1 and 3 of the Annotated Code.
1904, art. 23, secs. 51, 52 and 56. 1888, art 23, secs. 43, 44 and 48. 1868, ch. 471,
secs. 38, 39, 43. 1888, ch. 454 1908, ch. 240, sec. 4. 1914, ch. 789,
sec. 4. 1916, ch. 596, sec. 4.
4. Every certificate of incorporation, together with a copy thereof,
shall be delivered to the State Tax Commission, which, upon the pay-
ment, and not before, of the recording fees, for which provision is here-
inafter made, and upon the payment, and not before, of the bonus
tax, if any, prescribed by law, shall receive the same for record and
endorse thereon the date and time of such receipt and promptly record
the same, together with the endorsements thereon, in a book to be kept
for that purpose. After such recording the State Tax Commission
shall transmit the original certificate of incorporation to the Secretary
of Stete, by whom the same shall be again recorded, and shall transmit
a copy thereof, duly certified by it, to the Clerk of the Circuit or Supe-
rior Court (according to the location of the principal office of the cor-
poration) by whom the same shall again be recorded. At the time of
receiving such certificate of incorporation for record, the State Tax
Commission shall collect recording fees of ten dollars; three dollars
and fifty cents of the recording fees so collected shall be paid by it to
the Secretary of State; one dollar and fifty cents thereof shall be paid
by it for recording such certificate of incorporation to the Clerk of the
Circuit or Superior Court to whom the same shall be transmitted for
recording as aforesaid; and for the balance it shall account quarterly
to the Comptroller and pay the same forthwith to the State Treasurer
for the use of the State.
See notes to this lection in volumes 1 and 3 of the Annotated Code.
1904. art. 23, secs. 53. 54. 1888. art. 23, secs. 45 and 46. 1868, ch 471. secs. 40, 41.
1908, ch. 240, sec 5. 1914, ch. 789, sec. 5. 1916 ch. 596, sec. 5.
5. When such certificate of incorporation has been delivered to the
State Tax Commission with the fees provided for in Section 4 of this
Article and the bonus tax, if any payable, and not before, the incor-
porators, their successors and assigns, shall according to the purposes,
conditions and provisions in such certificate of incorporation contained,
become and be a body corporate by the name therein stated. A duly
certified copy of a certificate of incorporation, from the records of the
Secretary of State, the State Tax Commission, or the Clerk of the Cir-
cuit or Superior Court, shall be evidence of the existence of the cor-


 
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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 84   View pdf image (33K)
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