CORPORATIONS. 699
section. Snowden v. Crown Cork and Seal Co., 114 Md. 651. (Cf. dissenting
opinion.)
Sec. 415 of the Code of 1904, held not to take away the common law right to sue
members of an unincorporated association, but that the creditor had the option
to sue either the association or its members. Littleton v. Wells, etc., Council, 98
Md. 455. And see National Shutter Bar Co. v. Zimmerman, 110 Md. 321 (raising
a doubt as to the effect of the act of 1908, ch. 240).
Sec. 415 of the Code of 1904, held a sufficient answer to a motion to set aside a
judgment on the ground that the plaintiff was not a corporation, and that a partner-
ship could only sue in the individual names of the partners. Powhatan, etc., Co. v.
Potomac, etc., Co., 36 Md. 244.
Unless the incorporation of any alleged corporation is denied in the next succeed-
ing pleading, it is admitted for the purposes of the action—art. 75, sec. 28, sub-
sec. 108.
Neither the answer nor any of the pleadings of a corporation in equity, need be
under the corporate seal—art. 16, sec. 230.
Taxation.
An. Code, sec. 88A. 1914, ch. 324. 1916, ch. 596, sec. 88A. 1918, ch. 466, sec. 88A.
106. Every corporation of this State, having capital stock, except rail-
road, corporations authorized to construct, maintain or operate railroads in
this State, and building or homestead associations, shall, at the time of in-
corporation, pay for the use of the State a bonus tax at the rate of twenty
cents for every thousand dollars of the amount of its authorized capital
stock, where such authorized capital stock amounts to one million dollars
or less and where such authorized capital stock is in excess of one million
dollars, shall pay an additional bonus tax at the rate of one hundred and
fifty dollars for every million dollars or fractional part thereof on the
amount of authorized capital stock in excess of one million dollars and not
in excess of five million dollars, and where such authorized capital stock is
in excess of five million dollars, shall pay an additional bonus tax at the
rate of twenty dollars for every million dollars or fractional part thereof
on the amount of authorized capital stock in excess of five million dollars;
and at the time of amending its charter to effect an increase of its author-
ized capital stock a bonus tax shall be paid for the use of the State on such
increase in an amount equal to the difference between the tax computed at
the foregoing rates on the total authorized amount of capital stock of the
corporation, including the proposed increase and the tax so computed on
the authorized amount of capital stock, excluding the proposed increase;
and in the case of the consolidation of existing corporations to form a new
corporation, such new corporation shall be required to pay a bonus tax
only for the amount of its authorized capital stock in excess of the aggre-
gate amount of the authorized capital stock of the consolidating corpora-
tions, such tax to be in amount equal to the difference between the tax
computed at the foregoing rates on the aggregate amount of the authorized
capital stock of the consolidating corporation and the tax so computed on
the amount of authorized capital stock of the new corporation; provided,
however, that in no case shall the bonus tax paid be less than twenty dollars;
and the amount of such bonus tax shall be deposited with the State Tax
Commission when the certificate of incorporation, or the articles of amend-
ment increasing the authorized capital stock, are filed, which shall account
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