ART. 23] INCREASE OR DECREASE OF STOCK. 565

and particular statement of the affairs of said company, verified
by the oaths or affirmations of its president and treasurer, or
chief finance officer, which statement shall consist of a partic-
ular account of its assets and liabilities in minute details, cal-
culated to the time of making up the statement as aforesaid ;
each of the said statements so made up shall be recorded in a
book kept in the principal office of the said corporation in this
State.

Robertson v. Parks, 76 Md. 119.

1888, art. 23, sec. 74. 1868, ch 471, sec. 69.

82. Any corporation formed under this article, or under any
special law, and having a capital stock, may increase or diminish
the same to any amount that may be deemed sufficient and
proper for the purposes of the corporation, by complying with the
provisions of the six following sections; but every corporation
incorporated under any special law, which shall so increase or
diminish its capital stock, shall remain subject in other par-
ticulars to all the limitations contained in its charter, or in any
supplement thereto; and every corporation incorporated under
this article which shall so diminish or increase its stock shall
remain subject in other particulars to the provisions of this
article.
Booth v. Campbell, 37 Md 529.

Ibid. sec. 75. 1868, ch. 471, sec. 70.

83. Before any corporation shall be entitled to diminish the
amount of its capital stock, under the provisions of the pre-
ceding section, if the amount of its debts and liabilities shall
exceed the amount of the capital to which it is proposed to be
reduced, such amount of debts and liabilities shall be satisfied
and reduced, so as not to exceed such diminished amount of
capital.

Ibid. sec. 76. 1868, ch. 471, sec 71.

84. Whenever any corporation shall desire to call a meeting
of the stockholders for the purpose of increasing or diminish-
ing the amount of its capital stock, the directors, managers or
trustees shall publish a notice, signed by at least a majority of
them, in a newspaper published in the county or counties, or
city where the principal office of said corporation is located, if
any shall be published therein, for at least four successive
weeks, and shall send or deposit a written or printed copy
thereof in the postoffice, addressed to each stockholder or