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The Maryland Code Public General Laws, 1904
Volume 393, Page 564   View pdf image (33K)
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564 CORPORATIONS. [ART. 23

visions 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 duty of such treas-
urer 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 doing 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 state-
ment as aforesaid, he shall forfeit and pay to the person pre-
senting 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 furnished, to be sued
for and recovered in any court having jurisdiction over the
person of such defaulting officers and cognizance of said suit.

1888, art. 23, sec. 72. 1868, oh. 471, sec. 67.

80. B 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
alphabetically 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 shares, which book shall, during the usual
business hours of every business day, be open for the inspec-
tion of stockholders or creditors of the corporation at the
principal office of the said corporation in this State; and every
officer or agent of any such corporation who shall neglect or
refuse to exhibit the same shall be deemed guilty of a misde-
meanor, and the corporation shall forfeit and pay to the party
injured, a penalty of fifty dollars for every such neglect or
refusal, and all the damages resulting therefrom to be recovered
in an action of debt before a justice of the peace.

Ibid. sec. 73. 1868, ch. 471, sec. 68.

81. It shall be the duty of every corporation formed under
this article, having a capital stock, to cause to be made, in the
first week in January and July in each and every year, a full


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 564   View pdf image (33K)
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