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Art.
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Sec.
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Art.
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Sec.
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Corporations — Cont'd:
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Corporations — Cont'd :
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Dissolution of — Cont'd:
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Corporations included in term 1
43
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15
199
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Method of; fees, etc............. 23
Notice of meeting for purpose of .23
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98
93
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"Delivery" ..................... 23
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75
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Notice to stockholders .......... 23
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101
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"Directors" .................... 23
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1
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Otherwise than by judicial pro-
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"Foreign Corporations" ......... 23
"Good faith" .................. 23
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117
75
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cedure; directors to act as
trustees; powers and duties... 23
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100
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"Location, of principal office" .... 23
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1
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Directors, trustees of corporate
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"Person" ...................... 23
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75
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assets until appointment of
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"Principal office" .............. 23
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109
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receiver .................... 23
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100
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"Purchase" ..................... 23
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75
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Petition to be filed in equity by
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"Purchaser" .................... 23
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75
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corporation ................ 23
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93
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"Resident agent" .............. 23
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109
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Decree of dissolution thereon;
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"Shares" ....................... 23
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75
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appointment of receiver, etc. 23
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94
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"State" ........................ 23
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75
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Exhibit to accompany petition;
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"Stockholders" and "Share-
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affidavit ................... 23
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94
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holders" ................... 23
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1
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Order of publication thereon;
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"Telephone" ................... 23
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307
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publication of .............. 23
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94
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"Title" ........................ 23
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75
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Proceedings on such petition... 23
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94
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"Transfer" ..................... 23
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75
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Requirements for such petition 23
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94
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"Value" ....................... 23
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75
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Who may be receivers......... 23
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94
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Delivery — Definition of ........... 23
Deposits; limitations on............ 23
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75
142
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Receivers :
Powers and authority of ...... 23
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99
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Deposits of guarantee companies
with State Treasurer......... 23
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140
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Preferences, payments and
transfers; status under re-
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Directors or Trustees:
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ceivership ................. 23
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99
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(See Railroad Companies here-
under.)
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Sale of personalty or realty of
corporation encumbered by
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91
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liens; when receiver to sell
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Call for special meeting to elect. 23
Change in number............... 23
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25
14
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equity of redemption only... 23
Suits instituted by; when and
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99
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Classification and number........ 23
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13,14
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how to sue ................. 23
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102
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Election of ..................... 23
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9
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To take title to corporate assets
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Failure to elect on day desig-
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upon decree of dissolution.. 23
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99
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nated ; effect ............... 23
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25
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Who may be ................. 23
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94
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Fraud in issuance of stock, mak-
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State Tax Commission to be in-
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ing false statements, etc ..... 23
Holding over ; acts valid ........ 23
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53
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formed of; and of annulment 23
Stockholder of dissolved corpora-
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95
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How elected ................... 23
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9
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tion may plead all defenses
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Liabilities not abated by dissolu-
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corporation or receiver could
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tion ....................... 23
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102
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plead ..................... 23
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103
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Liability for dividends and loans
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Taxes to be paid before decree
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to stockholders and directors 23
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92
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is effective ................ 23
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98
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92
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Voluntary :
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Meetings — May be held outside
state ...................... 23
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14
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In equity .................... 23
By State Tax Commission —
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93
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Minimum number ............. 23
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9
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procedure ; fee ............. 23
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96
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Number; election; quorum...... 23
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9,14
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What corporations may dissolve 23
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93
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Powers ........................ 23
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12,14
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Dividends: (See Railroad Com-
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Power to issue stock, etc......... 23
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46-49
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panies, hereunder.)
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Quorum ....................... 23
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9
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Liability for declaring, when in-
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Removal of .................... 23
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19
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solvent .................... 23
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92
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To act as trustees for creditors
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On preferred stock; may be
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and stockholders pending ap-
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preferential and cumulative ... 23
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42
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pointment of receivers after
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Not limited to 6 per cent .... 23
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42
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dissolution ................. 23
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100
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Penalty for declaring1 when in-
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Vacancies ..................... 23
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14
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solvent .................... 23
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92
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Waiver of notice of meetings of .. 23
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27
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Certificate of objection of dis-
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When must have one resident of
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senting trustee, manager,
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Maryland .................. 23
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10
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etc.; effect of ............... 23
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92
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Who included in term............ 23
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1
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Liability of trustees; managers
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Dissenting stockholders — Right
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or directors ................ 23
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92
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upon consolidation, merger,
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On insolvency receiver to col-
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lease, sale, etc ............... 23
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37, 38, 39
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lect liability ............... 23
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92
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Dissenting stockholders, rights of;
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Employees of; wages of certain to
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consolidation of corporations 23
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37
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be paid bi-weekly ; penalty ... 23
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150
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Sale, lease or exchange of assets... 23
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38
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Employment of persons by; not to
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Dissolution of :
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be influenced by P. S. C. or
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Effect of; pending suits......... 23
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102
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itsi agents .................. 23
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354
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Franchise tax — non-payment of,'
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Evidence :
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cause for .................. 23
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115
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Of existence and powers of ...... 23
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6
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Insolvent corporation; bill for... 23
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97
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Of payment of recording fees ... 23
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6
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