88

CORPORATIONS. [ART. 26.

practice of courts of equity in this state, upon a bill
filed for that purpose in the circuit court of Baltimore
city, if the principal office of said corporation is located
therein, or in the circuit court of any county, if the
principal office or place of business of said corporation
be therein located, or if the certificate of its incorpora-
tion be recorded therein, and such bill may be filed by
any stockholder, shareholder or creditor of said corpo-
ration, or by the attorney general of the state of Mary-
land, or by the state's attorney of the city or county in
which the principal office of said corporation is located.

Not to apply to
railroad com-
pany chartered
by state.

But this section shall not apply to any railroad com-
pany chartered by this state.

Proceedings.

186. Whenever the directors, trustees, or managers
of any corporation, or a majority of them, shall, for
any reason, deem it beneficial for the interest of the
stockholders or others interested in said corporation,
that the same should be dissolved, they shall call a
general meeting of the stockholders, shareholders or
members of the corporation at such time and place,
and after such notice as the by-laws of said company
shall prescribe for that purpose, and if at such general
meeting a majority in interest of all the stockholders in
any corporation having a capital stock, or a majority of
the shareholders or members in any other class of cor-
porations, shall, by their votes, declare their wish that

Bill for dissolu-
tion.

said corporation shall be dissolved, a bill for its disso-
lution shall forthwith be filed in the name of said cor-
poration and on its behalf in the circuit court of Bal-
timore city, if its principal office or place of business
is in said city, or in the circuit court of the county in
which its principal office or place of business may be
situate.

What bill to
contain.

187. Every such bill shall contain a statement of the
reasons why the dissolution of the said corporation is
prayed for and sought, and there shall also be filed
with it:

Inventory of
assets.

First. A full and true inventory of all the assets of
such corporation, and of all the books, securities and
vouchers relating thereto.