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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 633   View pdf image (33K)
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CORPORATIONS. 633

ARTICLE 23.

CORPORATIONS.1

1. When secs. 1 to 49, 74 to 76 and 77 to
135 are operative; provisos; par-
ticular classes of corporations; ex-
planation of terms; principal office.
2. Existing corporations and rights and
obligations, saved.

Provisions for Formation — Powers.

3. For what purposes corporations may
be formed.
4. Incorporators; certificate of incorpora-
tion.
5. Provisions of charters or by-laws as to
vote of shareholders ; when legal and
binding.
6. Record of charter; recording fees;
bonus tax.
7. When corporation is formed; evidence
thereof and of payment of fees, etc.
8. How charter may be amended before
stock subscribed.
9. General powers of corporations.

Officers, Directors and By-Laws.

10. Directors; quorum.
11. Resident agent; either such agent or
director must be resident of Mary-
land; principal office.
12. Officers.
13. Directors; executive committee.
14. Directors — classes.
15-16. By-laws; evidence thereof.

Meetings.

17. Annual meetings — notice.
18. Corporations with no members other
than governing body.

19. Extraordinary meeting; calls; notice.
20. Meetings upon request; notice. Re-
moval of director.
21. Where held; quorum.
22. When only corporation's own stock
may be voted; stock in other cor-
porations.
23. Voting; proxies.
24. Minority representation — cumulative
voting.
25. Failure to elect — corporation not dis-
solved; subsequent election; acts,
valid.
26. Fiduciaries and pledgers.
27. Notice, how dispensed with or waived.

Amendments After Organization.

28. Scope of.
29. Procedure; bonus tax.
30. Increase of stock.
31-32. Reduction of stock.
33. Consolidation, procedure; bonus tax;
fees.
34. Consolidation, when effective ; evidence
thereof.
35. Dissenting stockholders.
36. Sale, lease or exchange of assets; dis-
senting stockholders; provisos.

Capital Stock.

37. Certificates.
38. Classes of stock; dividends.
39. Stock without par value; taxes.
40. Classes of stock convertible; exception.
41-45. Definitions; convertible stock and
securities; stock issued for services
or property; classes of stock.

1 As to banks and trust companies, see art. 11.

As to corrupt practices by corporations re. elections, see art. 33, sec. 186.

As to arbitration between corporations and their employees, see art. 7.

As to monopolies, see art. 41 of the Declaration of Rights.

As to charters for banking purposes, see art. 3, sec. 39, of the Md. Constitution.

And see art. 3, sec. 48, of the Md. Constitution.

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 633   View pdf image (33K)
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