ACT. 23. ] CORPORATIONS. 55

only may vote upon the stock so transferred during the time
in such agreement specified; a duplicate of such agreement
shall be filed in the principal office of the corporation and be
open to the inspection of any stockholder, daily, during busi-
ness hours.

SEC. 78. If the franchises and property of any corporation of
this State are sold under any judicial proceeding or mort-
gage, or deed of trust, the purchaser or purchasers may organ-
ize a corporation for the continuation, operation, ownership
and management of the same, and such corporation, when or-
ganized, may acquire from such purchaser or purchasers, and
shall have and be entitled to exercise, the same rights, privi-
leges and franchises as have been granted to or acquired by the
former corporation; and shall be subject to all limitations,
restrictions and liabilities imposed upon it; and in addition
thereto shall be subject to all the provisions of this article.

SEC. 79. Nothing in this article shall be construed to affect
the provisions of the Baltimore City Charter or to repeal or
change any of the existing taxing laws of this State, except so
far as the same are hereby specifically changed; or to repeal
or to change any of the Public Local Laws of this State other
than taxing laws; or to authorize any corporation now incor-
porated or hereafter to be incorporated, except such corpora-
tions as are now in practical operation, and in the exercise of
such franchise in the city of Baltimore, to exercise any fran-
chise for the furnishing of light, heat or electric power within
the city of Baltimore unless thereunto specially authorized by
the General Assembly of Maryland; and nothing herein shall
release any corporations from the payment of any tax or the
performance of any obligation to the State or to any county
or city therein due or existing on the first day of June,
in the year nineteen hundred and eight (1908), or affect
or change the remedy provided for the collection or en-
forcement of the same. Nothing herein shall release, affect
or impair the rights of any creditor or creditors of any
corporation or the obligations or liability of any corporation
or of any stockholder or of any corporate officer existing on
the said first day of June, in the year nineteen hundred and
eight (1908) or the remedies to enforce or protect the same.

SEC. 2. And be it further enacted, That Sections one hun-
dred and seven (107), two hundred and twenty-seven (227),
three hundred and fourteen (314), three hundred and fifty-
five (355), as amended by Chapter five hundred and three
(503) of the Acts of Assembly of 1906; and three hundred and
sixty-six (366) of said Article twenty-three (23) of said Code