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CORPORATIONS. 101
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349A. Joint investigations with commis-
sions of other states.
352. Payment of salaries; appropriation.
353. General counsel; people's counsel.
354. Acts prohibited; removal; incom-
patible employment.
359. Rehearing. Service and effect of
orders; right to test validity of
orders.
364A-364B. New rates; right of com-
mission to have hearing with or
without petition.
373A. Maximum or minimum rates,
power to fix.
379. Consent of commission necessary
to construction of railroad;
transfer of franchise; acquisi-
tion of stock of another road.
380. Consent of commission necessary
to abandonment of franchise
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actually being exercised for pub-
lic service.
3SOA. Proof required in proceedings be-
fore commission for permission
under Secs. 379, 380, 390, 391
and 394.
390. Consent of commission necessary
to construction, or exercise of
franchises; municipalities.
391. Consent of commission for aban-
donment of franchise by gas or
electric company actually being
exercised for public service.
416. Application of sub-title limited to
Maryland.
Co-operative Associations.
421. Piling of incorporation papers.
446. Who may use term "co-operative":
penalty.
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2.
See notes to sec. 392.
Provisions for Formation—Powers.
3.
See notes to sec. 392.
4.
See notes to sees. 39 and 392.
6.
As to the bonus tax, see art. 81, sec. 133, et seq.
7.
As to the bonus tax, see art. 81, sec. 133, et seq.
Officers, Directors and By-Laws.
An. Code, 1924, sec. 10. 1912, sec. 8. 1904, secs. 65, 3. 1888, secs. 57, 3.
1868, ch. 471, secs. 52, 3. 1908, ch. 240, sec. 8. 1916, ch. 596, sec. 8.
1920, ch. 545, sec. 8. 1927, ch. 581, sec. 10.
10. The business and property of every corporation subject to the pro-
visions of this article shall be conducted and managed by a board of not
less than three directors, managers or trustees. Until the first annual
meeting and until their successors are duly chosen and qualified, the board,
shall consist of the persons named as such in the charter—subject, how-
ever, to the right of increase, decrease and removal granted by this article.
Subject to the provisions of Section 14 of this article, the members of
succeeding boards shall be elected by the stockholders or members of the
corporation at their annual meetings. A majority of the board shall con-
stitute a quorum for the transaction of business, unless the by-laws other-
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