326 FORMATION, POWERS, AND REGULATION OF CORPORATIONS. [ART. 40.

	deposit a written or printed copy thereof in the post-office, addressed to each stockholder or member of such corporation, at his usual place of residence, at least three successive weeks previous to the day fixed for the holding such meeting The said notice shall specify the object of the meeting, the time and place where such meeting shall be held, and the amount to which it shall be proposed to increase or diminish the capital.
Id s 72 Two-thirds of shares of stock to be repre- sented	7 2. If at any time and place specified in said notice stockholders shall appear in person or by proxy in number representing not less than two-thirds of all the shares of stock of the corporation, the said stockholders, or the said members, as the case may be, shall
To organize.	organize by choosing one of the trustees, directors, or managers chairman of the meeting, and also a suitable person for secretary, and proceed to a vote of those present, in person or by proxy, and the vote of at least two-thirds of all the shares of the stock shall be necessary to an increase or diminution of the amount of its capital stock.
Id s 73 Certificate of capital paid in, etc	73. If on canvassing the votes, it shall appear that a sufficient number of votes has been given in favor of increasing or diminish- ing the amount of capital of said corporation, a certificate of the proceedings showing a compliance herewith, the amount of capital actually paid in, and the amount to which the capital stock shall be increased or diminished, shall be made out and signed by the chair- man, and such certificate shall be sworn to by the president, and
To be recorded in office of clerk of court.	recorded in the office of the clerk of the Superior Court of Balti- more City, if the principal office of said corporation shall be therein located, or in the office of the clerk of the Circuit Court of that county in which said principal office is located.
1870, c 310 When value of stock reduced by losses, how true value established ]	74. Where the par value of the stock of any corporation created under the general laws of this State has been, or may hereafter be reduced by losses, it shall be competent for the stockholder thereof, in general meeting assembled, to establish the true value of the stock of such corporation, and they may also provide for calling in and cancelling the whole or any part of such stock, and issuing other stock instead thereof, at such par value as they may decide on, so as to represent the amount of the true value so established of the stock of such corporation, and they may also provide for creating and disposing of additional stock, so as to make up the entire value of the stock of the corporation to the amount desig- nated in the certificate of incorporation, or for a greater or less amount, as may be decided by the stockholders.
1870, c 310 Meeting of stockholders Proceedings	75. Notice of such meeting of stockholders shall be given in the manner required by section seventy-one, of this article, and the proceedings thereafter shall he similar to those prescribed in sections seventy-two and seventy-three of this article
1868, c 471, s 74 Corporations heretofore formed, may be formed under this article	76. Any corporation heretofore formed under the general laws of this State, or under any special act for any purpose for which a corporation may be formed under this article, may cause itself to be