ART. 67. ] PROCEEDINGS AGAINST CORPORATIONS.

that purpose in the Circuit Court of Baltimore City, if the prin-
cipal 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 incor-
poration be recorded therein, and such bill may be filed by any
stockholder, shareholder, or creditor of said corporation, or by the
attorney-general of the State of Maryland, or by the State's attor-

687

ney of the city and county in which the principal office of said cor-
poration is located. But this section shall not apply to any railroad
company chartered by this State.

Not to apply to
railroad com-
pany chartered
by State

11. Whenever the directors, trustees, or managers of any cor-
poration, or a majority of them, shall, for any reason, deem it bene-
ficial 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 corporations, shall,
by their votes, declare their wish that said corporation shall be dis-

Id s 186
Proceedings.
41 Md. 380

solved, a bill for its dissolution shall forthwith be filed in the name
of said corporation and on its behalf in the Circuit Court of Balti-
more 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.

Bill for dissolu-
tion

12. 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:

Id s 187.
What bill to
contain

First. A full and true inventory of all the assets of such corpora-
tion, and of all the books, securities and vouchers relating thereto.
Second. A true account of the capital stock of such corporation,
and a list of all the stockholders, their residences, and the number
of shares belonging to each, the amount paid on each of said shares,
and the amount still due.

Inventory of
assets

Capital stock
and list of
stockholders,
etc.

Third. A statement of all the incumbrances on the property
of the corporation, and a full list of all its creditors and their re-
spective residences, and the amount due to each. All of the said

Incumbrances
and creditors

statements shall be verified by the oath or affirmation of either the
president, treasurer, secretary, or some other chief officer, or of
some stockholder of the said corporation.
13. Upon the filing of said bill accompanied by the aforesaid
papers, the com t shall pass an order requiring all persons interested
in such corporations to show cause, if any they have, why such
corporation should not be dissolved, on or before a certain day to
be named in said order, which order shall be published for such
time as the Court shall direct, in some newspaper published in the

Statements to
be under oath.

Id s 188
Court to pass
order to show
cause

To be published

county, or city of Baltimore, as the case may be, in which such