clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 837   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

CORPORATIONS 837

1937, ch. 504, sec. 109.

115. Any notice required by law to be served upon any corporation of
this State, or upon any foreign corporation required by any statute of this
State to have a resident agent in this State, by personal service upon a resi-
dent agent or any other agent or officer of such corporation, may be served
upon such corporation in the manner provided in Section 113 of this
Article for the service of process under the same circumstances in which
process is permitted to be served thereunder, and such service shall be
equivalent to personal service upon a resident agent or other agent or
officer of such corporation.1

Consolidation of Charitable, etc., Corporations—No Capital Stock.

An. Code, 1924, sec. 115. 1912, sec. 89. 1904, sec. 47. 1896, ch. 410, sec. 39B. 1908, ch. 240,

sec. 64. 1924, ch. 550, sec. 89.

116. Any educational, charitable or other corporation having no capital
stock, or any corporation formed for the operation and maintenance of
educational, moral, scientific, literary, dramatic, social, benevolent or bene-
ficial societies of any description, or formed for any religious object or
for maintaining fire engine and hose companies, or uniformed volunteer
companies, or for conducting and carrying on universities, colleges,
academies, hospitals or asylums and having no capital stock, may unite
with corporations incorporated for a similar purpose and having no capital
stock, provided that the majority of the members of each of the corporations
forming such union shall assent thereto; such union or consolidation shall
be made upon such terms and conditions and shall have such name as shall
be agreed upon by said corporations forming such union; a certificate of
such union or consolidation and the provisions thereof shall be executed
by the said corporations and be acknowledged and recorded as other certifi-
cates of incorporation are in this article directed to be acknowledged and
recorded, and thereupon all the property and assets belonging to said former
separate corporations and all their powers and rights and all the debts and
liabilities of said former separate corporations shall be devolved upon said
new consolidated corporation, and every devise or bequest in favor of
either of the former separate corporations which it would have been capable
of taking shall devolve upon said new consolidated corporation, which shall
be regarded as substituted by operation of law in the place and stead of said
former separate corporations.

In view of the provisions of sec. 20, a religious corporation may consolidate with
another under this section, by vote of a majority of such members of the church as
participate in such vote, in person or by proxy. Provisions of the church charter for-
bidding voting by proxy and requiring a two-thirds majority in electing a pastor,
amending the charter, disposing of property, etc., held not to apply to a consolidation.
Basis for vote. From a consolidation a new corporation results in which all the prop-
erty rights of both the constituents is vested by operation of law. No conflict between
church constitution and state law. See notes to secs. 20 and 125. Bennett v. St. Paul's
Church, 137 Md. 343.

As to the consolidation of other corporations, see sec. 33, et seq.; as to consolida-
tion of insurance companies, see art. 48A, sec. 49; railroad companies, see secs. 220
and 237 (this article).

See sec. 124.

Foreign Corporations.

An. Code, 1924, sec. 116. 1912, sec. 90. 1908, ch. 240, sec. 65. 1937, ch. 504, sec. 116.

117. As used in this Article, the phrase "foreign corporation" shall
mean every corporation, association or joint stock company formed or

1 See footnote to sec. 23.


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 837   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  November 18, 2025
Maryland State Archives