|
|
|
|
|
|
CHAPTER 594.
|
|
|
|
AN ACT to repeal and re-enact with amendments section
|
|
|
|
eight and eleven of article twenty -three of the Code of
|
|
|
|
Public General Laws, title "Corporations."
|
|
|
|
SECTION 1. Be it enacted by the General Assembly of
|
|
|
Amend-
ment.
|
Maryland, That sections eight and eleven of article twenty-
|
|
|
|
three of the Code of Public General Laws, title " Corpora-
|
|
|
|
tions," be and the same are hereby repealed and re-enacted
|
|
|
|
to read as follows.
|
|
|
|
SEC. 8. Whenever five or more stockholders of any pri-
|
|
|
Canvass
|
vate corporation created under the laws of this State, at
|
|
|
of votes.
|
least thirty days before an election for managers, directors
|
|
|
|
or other officers of such corporation elected by the stock-
|
|
|
|
holders thereof, shall give notice in writing of their inten-
|
|
|
|
tion to canvass the votes, which may be given at the next
|
|
|
|
election thereof, and shall deliver said notice, at the usual
|
|
|
|
place of business of such corporation, to the president,
|
|
|
|
cashier, secretary, treasurer, director or other principal
|
|
|
|
manager of such company, it shall be the duty of the
|
|
|
|
officers receiving such notice, immediately to communicate
|
|
|
|
the same by mail to all the stockholders of said corporation
|
|
|
|
living in the State and living in other States, so far as
|
|
|
|
their places of residence appear on the books of such cor-
|
|
|
|
poration.
|
|
|
|
SEC. 11. If notice shall be given for a canvass of votes,
|
|
|
|
as prescribed in section eight, then at the election with
|
|
|
Oath.
|
reference to which such notice shall be given, no person or
|
|
|
|
body corporate shall vote by proxy on stock held in any
|
|
|
|
private corporation unless the person, or in case of a body
|
|
|
|
corporate the president, cashier, or some lawfully constituted
|
|
|
|
officer thereof, shall make oath before some person author-
|
|
|
|
ized by the laws of Maryland, or by the laws of the State
|
|
|
|
where the same shall be administered, to administer an
|
|
|
|
oath to the same effect as required by section nine of this
|
|
|
|
article, a certificate of which oath shall be produced, before
|
|
|
|
the person or persons holding said election before any vote
|
|
|
|
by proxy shall be received.
|
|
|
|
Approved April 7th, 1892.
|
|
|
|
|
|