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Revised Code of the Public General Laws, 1879
Volume 388, Page 315   View pdf image (33K)
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ART. 40. ] FORMATION, POWERS, AND REGULATION OF CORPORATIONS. 315

place of business of such corporation to the president, cashier, sec-
retary, treasurer, director, or other principal manager of such com-
pany, it shall be the duty of the officer receiving such notice, imme-
diately to communicate the same by mail to all the stockholders of
such corporation living in the State.

 

9. "Upon proof made to the judges of any such election of such
notice having been delivered as aforesaid, by any five stockholders,
such judges shall, before receiving the votes, require every stock-
holder offering to vote in person the stock of the corporation, to
make an oath or affirmation that the stock which such person pro-
poses and offers to vote in the election then to be held, in his sole
and bond fide property, or belongs solely and bond fide to him and
his partner or partners in trade, or is held by him as trustee, or in
some fiduciary relation, to be specified in such oath, and that his
right and title to the same has been fairly and bond fide and not
colorably and fraudulently created or acquired, and not with any
intent to increase the number of votes which would otherwise be al-
lowed to said stock, nor in any manner, directly or indirectly, to
violate, avoid, or evade the standard of voting, as fixed either by the
charter of said company or its by-laws, and that the said stock, to
the best of his knowledge, belief, and information, or any interest he
has therein, is not retained in his name or in that of his partner, on
the books of said corporation, with any such intent, design, or pur-
pose, and that he does design in all respects and in good faith to
comply with the charter of the said corporation and its regulations
upon the subject of voting stock therein.

Id s 9
Oath of stock-
holder before
voting.

10. Whenever such stock is owned by and stands in the name of
any corporation or body politic, some officer thereof shall take the
oath prescribed in the last preceding section, and farther declare,
on oath, that he has full opportunity, from his official station in the
corporation, to know the opinions and sentiments of a majority of
the directors thereof, in relation to such stock, and that he repre-
sents them fairly in the premises.

Id s 10
Oath, when
stock owned by
a corporation

11, No person or body corporate, shall vote by proxy on stock
held in any private corporation, unless the person, or in case of a
body corporate, the president, cashier, or some lawfully constituted
officer thereof, shall make oath, before some person authorized by
the laws of Maryland, or by the laws of the State where the same

Id s 11
Vote by proxy,
oath

shall be administered to administer an oath, to the same effect as
required by the ninth section of this article, a certificate of which
oath shall be produced before the person or persons, holding said
election, before any vote by proxy shall be received.

Oath

12. No person shall act as director of any bank, requiring that
the directors thereof shall hold any number of shares therein, unless
the said director, before he acts as such, shall make oath before
some justice of the peace, that he is the sole and bona fide owner of
the stock standing in his name on the books of said bank, and that

Id s 12
Oath of bank
director



 

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Revised Code of the Public General Laws, 1879
Volume 388, Page 315   View pdf image (33K)
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