ART. 40. ] FORMATION, POWERS, AND REGULATION OF CORPORATIONS. 311

PROVISIONS FOB THE FORMATION OF CORPORATIONS.

14 How corporations formed, educational, moral, scientific, etc, societies, fire en- pines and hose companu'8, etc, proviso 15 Mechanics' institutes, co-operative stores, etc, proviso 16 Buying, celling, etc, land, etc 17 Fire, life, marine, accident, cattle, etc, in- surance companies, to have principal office in State, yards, etc, in or near the city of Baltimore, State weighmaster 18 Homestead or building associations, etc. Odd-fellows, etc, proviso, cemeteries. 19 Manufacturing, mechanical, etc. 20 Mining 21 Ores of metals, proviso. 22 Marble, slate, etc, quarries 23 Boring for, etc, petroleum, salt, etc.

24 Telegraph lines. 25 Ocean, steam, sail, or other ships, etc 20 Inland steam, etc, ship", etc 27 Forwarding or warehousing business, etc, steamboats, wharves, etc 28 Constructing, selling, etc, bridges, etc 29 saving institutions 30 Gaslight companies 31 Turnpike, plank-road, and passenger rail- way companies 32 Lines of stages and coaches 33 Water 34 Immigration 35. For how many purposes one company may be incorporated 36 United corporations, proviso.

GENERAL REGULATIONS APPLICABLE TO ALL CORPORATIONS FORMED UNDER

THIS ARTICLE

37 The certificate, what it shall state 38 Certificate to be submitted to judge 39 Judge to certify, certificate to be re- corded 40 Incorporated 41 Evidence of certificate, etc 42 Alterations or amendments in charter 43 Fees to clerks, to indorse date of record- ing 44 Powers and general regulations. 45 Succession 46 Sue and be sued 47 Seal 48 Purchase, hold, use etc, property, etc 49 President, officers, agents, etc. 60 By-laws 51 Necessary corporate powers 52 Stock, property, and concerns, how man- aged, citizens, election of managers, etc, notice 53 Votes of stockholders, voting shares of stock 64 Vacancy among managers, etc. 63 Failure to elect 56 Subscriptions to capital stock 57 Bonks to show when property received for stock, money payment Tor stock 58 Stock, personal property, transfers 59 Liability of stockholders, when capital stock to be paid in, trustees, directors, etc, to collect and c u force payment of subscriptions, not to apply to homestead and building associations 60 Certificate of capital stock, etc, to be re- corded 61 When no personal liability, when trust funds, etc, liable 62 Dividends, when managers, etc, liable for all debts.

63 When managers, etc, pot liable, certifi- cate 64 No loans to stockholders, liability, to what associations not applicable 65 Demand and calling in of subscriptions, penally, notice 66 Statements of affairs under oath, open to stockholders, penalty 67 Book of stockholders' names, open to stockholders and creditors, penalty 68 Annual statements of affairs under oath, to be recorded in corporation's office 69 How capital stock increased or dimin- ished, corporation under special law. 70 Debts to be satisfied and reduced 71 Notice or meeting to stockholders to increase, etc capital stock 72. Two-thirds of shares of stock to be repre- sented, to organize 73 Certificate of capital paid in, etc, to be recorded in office of clerk of court 74 When value of stock reduced by losses, bow true value established 75 Meetings of stockholders, proceedings 76 Corporations heretofore funned may be formed under this article, provisos, no- tice 77 What a sufficient notice, what to contain 78. To determine the number of shares of capital stock, name of new corporation, certificate of incorporation, what to contain 79 Certificate to be under oath, to be in- spected, certified to, and recorded, cor- poration completed. powers and privi- leges, property and debts of former corporation, liability of new corpora- tion 80 Subject to subsequent laws.

81 Militia.

Uniform VOLUNTEER COMPANIES. CEMETERIES.

82 Cemetery companies. 88 Lanes, streets, etc, through cemeteries 84 Burial lots in cemeteries, exempt from

execution, attachment, etc, descent, devise, or sale of. 85 Certificate of title under corporate seal.