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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 723   View pdf image (33K)
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CORPORATIONS. 723

An. Code, sec. 132. 1904, sec. 120. 1888, sec. 93. 1868, ch. 471, sec. 125.

159. Before the governor shall issue his warrant authorizing the col-
lection of tolls, he shall be satisfied, from the report of five commissioners,
to he appointed by him, that the bridge has been erected and completed in
a substantial and proper manner.

An. Code, sec. 133. 1904, sec. 121. 1888, sec. 94. 1868, ch. 471, sec. 126.

160. When any citizen shall allege, in writing, to the circuit court for
any county, that any bridge situate within or partly within said county
is not kept in proper order and repair, the same proceedings may be had
in said court as are hereinafter provided in cases of turn-pike or plank
roads alleged not to be in proper order and repair.

Building or Homestead Associations.

An. Code, sec. 134. 1904, sec. 122. 1888, sec. 95. 1868, ch. 471, sec. 84.

161. Any homestead or building association, formed under the pro-
visions of this article, shall have power, in its certificate of incorporation,
to limit the number of shares which each stockholder may be allowed to
hold; to prescribe the entrance fee to be paid by each stockholder at the time
of subscribing; and to regulate the instalments to be paid on each share;
provided, the same shall not exceed the sum of one dollar per share per
week; and the times at which the same shall be payable.

This section referred to in construing sec. 152—see notes thereto. Commercial
Assn. v. Mackenzie, 85 Md. 143.

This section referred to in construing sec. 164—see notes thereto. White v.
Williams, 90 Md. 723; Commercial Assn. v. Mackenzie, 85 Md. 143; Williar v.
Baltimore, etc., Loan Assn., 45 Md. 562.

For a case construing secs. 30 to 32 of art. 26 of the Code of 1860, see Lord v.
Essex Bldg. Assn., 37 Md. 324.

Cited but not construed in Reus Loan Co. v. Conrad, 101 Md. 225; Baltimore
Bldg. Assn. v. Powhatan Co., 87 Md. 64; International Fraternal Alliance v. State,
86 Md. 554; Faust v. Twenty-third, etc., Bldg. Assn., 84 Md. 190; Middle States Co.
v. Hagerstown Mattress Co., 82 Md. 513; Emory v. State, 41 Md. 57.
As to petty loans, see art. 58A.

An. Code, sec. 135. 1904, sec. 123. 1888, sec. 96. 1868, ch. 471, sec. 85.

162. Any such corporation shall have power to enforce the payment
of all instalments and other dues due to the corporation from the members
or stockholders, by such fines and forfeitures as the corporation may, from
time to time, provide in the by-laws or articles of association of such cor-
poration.

This section referred to in construing sec. 164—see notes thereto. White v.
Williams, 90 Md. 723; Williar v. Baltimore, etc., Loan Assn., 45 Md. 562.

Cited but not construed in Baltimore Bldg. Assn. v. Powhatan Co., 87 Md. 64;
Fraternal Alliance v. State, 86 Md. 554; Faust v. Twenty-third, etc., Bldg. Assn.,
84 Md. 190; Middle States Co. v. Hagerstown Mattress Co., 82 Md. 513.

An. Code, see. 136. 1904, sec. 124. 1888, sec. 97. 1868, ch. 471, sec. 86.

163. Any person applying for membership, or for stock in any such
corporation, after the end of one month from the time of incorporation,
may be required to pay, on subscribing, such bonus or assessment as may

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 723   View pdf image (33K)
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