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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 643   View pdf image (33K)
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CORPORATIONS. 643

operation of a general law by the constitution of this State. And except
where special provisions inconsistent herewith are made in this article for
particular classes, all corporations shall be formed in manner following:

As to bridge companies, see sec. 153, et seq.

As to building associations, see sec. 161, et seq.

As to cemetery companies, see sec. 172, et seq.

As to gas and electric light companies, see sec. 177, et seq.

As to fraternal orders, see art. 48A, sec. 146, et seq.

As to railroad companies, see sec. 194, et seq.

As to religious corporations, see sec. 274, et seq.

As to telegraph and telephone companies, see sec. 293, et seq.

As to turnpike, road and passenger railway companies, see sec. 314, et seq.

As to water companies, see sec. 329, et seq.

As to insurance and insurance companies, etc., see art. 48A.

As to co-operative associations, see sec. 419, et seq.

An. Code, sec. 3. 1904, secs. 14 and 50. 1888, secs. 14 and 42. 1868, ch. 471, secs. 14 and 37.

1876, ch. 349. 1890, ch. 339. 1892, ch. 39. 1894. ch. 557. 1908, ch. 240, sec. 3.

1916, ch. 596, sec. 3.

4. The incorporators, being any three or more adult persons shall sign
and at least three of them shall acknowledge a certificate of incorporation
in which shall be stated:

(a) That the subscribers thereto (giving their names and postoffice ad-
dresses) associate themselves with the intention of forming a corporation;

(b) The name of the proposed corporation, which shall always be such
as to indicate that it is a corporation as distinguished from a natural per-
son or a partnership. This provision shall be deemed to be complied with
if the name of the corporation begin with the word " The" and end with
the word " Company," or if the name contain the word " Corporation " or
the word " Incorporated " ;

(c) The purpose or purposes for which the corporation is formed and
the business or objects to be carried on and promoted by it.

(d) The postoffice address of the place at which the principal office of
the corporation in this State will be located and the name or names and
postoffice address or addresses of the corporation's resident agent or agents,
(giving in each case the county and city, town or place and street and num-
ber, if number there be).

(e) The total amount of capital stock, if any, of the proposed corpora-
tion, and the number and par value of the shares; and the restrictions, if
any, imposed upon the transfer of the shares. If the capital stock is to be
classified under the power hereinafter granted, the certificate of incorpora-
tion shall also set forth a description of each class, with the preferences,
voting powers, restrictions and qualifications of each class and the number
and par value of the shares of each class.

(f) The number of trustees, directors or managers, which shall not be
less than three; and the names of those who shall act as such until the first
annual meeting or until their successors are duly chosen and qualified.

(g) Any provisions which may be desired, for the purpose of defining,
limiting and regulating the powers of the corporation, and of the directors
and stockholders or any class of the stockholders; provided, such provisions
are not contrary to the law of this State or inconsistent with any of the
terms and limitations of this article. Any provision which is hereinafter

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 643   View pdf image (33K)
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