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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1868
Volume 385, Page 87   View pdf image (33K)
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ART. 26.] CORPORATIONS.

circuit court of any county, in the name of the state,
against any corporation incorporated under the laws of

87

this state, for the purpose of restraining, by injunction,
any such corporation from assuming or exercising any
franchise, liberty or privilege, or transacting any busi-
ness not allowed by the charter, certificate or amended
certificate of incorporation of said corporation, or not
by law allowed to be assumed or exercised by said cor-
poration, and in the same manner, and by like author-

Injunction.

ity, a bill may be filed to restrain any individual from
exercising any corporate rights, privileges or franchises,
not granted to them by any law of this state; and such

Bill to restrain.

bill, when filed against a corporation, shall be filed in
the circuit court of Baltimore city, if the principal office
or place of its business operations of said corporation
shall be located therein, or in the circuit court of the
county in which the principal office or place of its busi-
ness operations of said corporation shall be located; and
if the said bill is filed against any individual, it shall
be filed in the city or county in which some one of the
individuals sought to be restrained may reside; and

Where filed.

upon the filing of any such bill, the court in which it
shall be filed shall have power to issue the injunction
either before or after hearing, and under and on such
terms as it may prescribe, and generally shall have and
exercise all the powers of a court of equity over the
subject matter of said bill, and all provisions of the
laws of this state relating to the granting, continuing
or dissolving of injunctions in other cases, and provid-
ing for appeals to the court of appeals, which may be
applicable, shall apply to proceedings had under this
section.

Power of court.

DISSOLUTION OF CORPORATIONS.

 

185. "Whenever any corporation in this state shall
have been determined by legal proceedings to be insol-
vent, it shall be deemed to have surrendered its corpo-
rate rights, privileges and franchises, and may be ad-
judged to be dissolved, after a hearing according to the

Insolvent cor-
porations, how
proceeded
against.



 
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Please view image to verify text. To report an error, please contact us.
Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1868
Volume 385, Page 87   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


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