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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1870
Volume 386, Page 34   View pdf image (33K)
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34 CONVEYANCING—CORPORATIONS. [ARTS. 24-26.
ARTICLE XXIV.

Conveyancing.

1870, c. 346 enacts:

That all deeds of conveyance of property in this state, which may have been
recorded without any certificate of the clerk of any of the courts of this state accom-
panying the acknowledgment thereof, in cases in which such certificates are neces-
sary and proper, certifying to the official character and signature of the justice of
the peace taking the same, be and the same are declared to be valid to all intents
and purposes, as if such defect and omission did not exist; provided, that the execu-
tion and acknowledgment of such deeds, in all other respects, conform to the laws
of this state, in such cases made and provided, saving, nevertheless, the rights of
bona fide purchases and incumbrances without notice.

Approved April 4, 1870.

ARTICLE XXVI.

Corporations.

GENERAL REGULATIONS APPLICABLE TO ALL COR-
PORATIONS FORMED UNDER THIS ARTICLE
220 When value of stock reduced by
losses, how true value established
221 Meeting of stockholders- proceed-
ings.
RAILROAD COMPANIES

222. Who may form.
223 Certificate: what it shall contain: to
be submitted to judge to be recorded evi-
dence of certificate
224. Incorporated, powers.
225. May construct railroad
220. Capital stock shares to be personal
property.
227 Instalments when payable.
228 How unpaid instalments collected
229 May increase capital stock
230 Subscription books directors: how
chosen each share entitled to one vote,
inspectors of election: majority to form
board powers president oath
231 May purchase land, &c . how land,
&c , condemned sheriff to summon jury
inquisition to be reduced to writing and
returned to court court may order new
inquisition inquisition must describe pro-
perty, &c. : tender of payment if jury fail
to agree sheriff to summon new jury

232 May change road, not departing from
general route damages notice.
233 How right to use streets acquired:
proviso responsible for damages not to
pass through Baltimore
234 Rates of toll
235 May borrow money
236 Right of way how deeds by com-
pany executed: existing railroads may ac-
cept
237 May cross road or stream
238 Establish office
239 Sign boards at crossings : penalty
240 Annual report
241 Plan of bridges over canals, &c, to
be approved by board of public works:
court may appoint engineer to report pro-
viso height of bridges
242 Connecting companies may consoli-
date: mode of consolidation, consolida-
tion to be approved by stockholders notice
243 Agreement to be filed
244 Property and franchises vested in
new company provisos rights of credi-
tors.
245 Company may aid other companies
lease or purchase connecting roads pro
viso. stockholders to approve
216. Trains must stop at stations : penalty



 

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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1870
Volume 386, Page 34   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


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