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The Maryland Code, Public General Laws, 1888
Volume 389, Page 304   View pdf image
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304 CORPORATIONS—STATEMENT OF CONDITION. [ART. 23.

shall not be made by the stockholders within ninety days after
a personal demand, or after a notice requiring such payment,
published in a newspaper printed nearest to the place where the
principal office of the corporation is located.

Hughes v. Antietam Mfg. Co., 34 Md. 316. Scarlett v. Academy of Music,
43 Md. 203. Ibid , 46 Md. 151 Morrison v. Dorsey, 48 Md 473. Granite
Roofing Co. v. Michael, 54 Md. 67. Crawford v. Rohrer, 59 Md. 605. -

1868, ch. 471, sec. 66.

71. When any person or persons owning five per cent, of the
capital stock of any corporation formed under the provisions of
this article shall present to the treasurer or chief finance officer
thereof, a written request for a statement of the affairs of said
corporation, it shall be the dnty of such treasurer or chief finance
officer to make a statement of the affairs of said corporation
under oath, embracing a particular account of all its assets and
liabilities in minute detail, and to deliver such statement to the
person or persons who presented the said written request to the
said treasurer or chief finance officer within twenty days after
such presentation, and keep on file in his office for six months
thereafter a copy of such statement, which shall, at all times
during business hours, be exhibited to any stockholder of said
company demanding an examination thereof; if such treasurer or
chief finance officer, as the case may be, shall neglect or refuse
to make or deliver such statement as aforesaid, he shall forfeit
and pay to the person presenting said written request the sum of
fifty dollars, and the further sum of twenty-five dollars for every
twenty-four hours thereafter until such statement shall be fur-
nished, to be sued for and recovered in any court having jurisdic-
tion over the person of such defaulting officers and cognizance
of said suit.

Ibid. sec. 67.

72. It shall be the duty of every corporation incorporated
under this article to cause a book to be kept by the treasurer or
secretary thereof, containing the names of all persons alphabeti-
cally arranged, who are or shall have been, within three years,
stockholders of said corporation, and showing their places of
residence, the number of shares held by them respectively, and
the time when they respectively became the owners of such

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 304   View pdf image
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