254 ARTICLE 23.

ating the tenancy, and the proposed transfer is authorized by language on
the face of the stock certificate, subscription right and/or obligation.

(4) If such shares, subscription rights and/or obligations are regis-
tered in the name of a minor, or person incompetent to contract, without
any indication on the face of the stock certificate, subscription right and/or
obligation of such minority or incompetency, and the corporation is with-
out actual notice that the registered holder is a minor or an incompetent.

Stock and Stockholders.

75.

This section referred to in upholding sale under order of orphans' court—see
notes to art. 93, sec. 280. Knapp v. Knapp, 149 Md. 220.

Cited but not construed in Tyler v Receivers of Furniture Co., 160 Md 338.

77.

Bill of complaint upheld. Hughes v. Hall, 117 Md. 547, and Hall v. Hughes,
119 Md. 489, affirmed. Wright v. Lewis, 149 Md. 73.

Suit by trustees in bankruptcy of corporation to collect unpaid balances on
stock subscriptions, held that subscriptions to capital stock of corporation need
not be written and signed; not necessary to call upon subscribers to stock in
order to fix liability to creditors of corporation for unpaid parts of subscrip-
tion; when subscriber may be free from liability. Wright v. Lewis, 161 Md. 674.

Cited but not construed in Tyler v. Receivers of Furniture Co, 160 Md. 338.

Books and Accounts.

84.

Stockholder does not enjoy unlimited right to information in respect to cor-
porate affairs. Allegations of bill attacking sale of stock of corporation, insuffi-
cient. Fraud not made out. See notes to sec. 36. Homer v. Crown Cork & Seal
Co., 155 Md. 76.

An. Code, 1924, sec. 85. 1912, sec. 73. 1904, secs. 5, SO. 1SSS, secs. 5, 72.

1868, ch. 471, secs. 5, 67. 1908, ch 240, sec. 48. 1916, ch. 596,

sec. 73. 1927, ch. 581, sec. 85.

85. Original or duplicate stock ledgers, containing the names and
addresses of the stockholders of every corporation of this State, having
capital stock, and the number of shares (of each class, if two or more
classes have been issued) held by them respectively, shall during the usual
business hours of every business day be open for the inspection of any
person or persons holding in the aggregate five per cent, of the outstanding
capital stock, or five per cent, of any class thereof, if two or more classes
have been issued, at its principal office in this State or at any other office
or agency of the corporation in such city or town as may be specified in the
by-laws. In any case in which original or duplicate stock ledgers are not
kept at said principal office, any person or persons entitled to inspect such
stock ledgers as aforesaid may present a written request to any officer,
director or resident agent of the corporation for a list of its stockholders
and it shall be the duty of the corporation to make or procure a sworn list
thereof containing the information required by this section to be contained
in such stock ledgers, and to have the same ready and on file at said
principal office within twenty days after the presentation of such request,