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Section added
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SECTION 1. Be it enacted ly the General Assembly
of Maryland, That the following additional sec-
tion shall be added to the eighty-first Article of
the Code of Public General Laws: Whenever any
of the corporations of this State shall propose to
the County Commissioners or Appeal Tax Court
to make such agreement as provided by any sec-
tion of this Article, and the County Commissioners
or Appeal Tax Court, as the case may be, shall
exact 'and demand payment on an amount which
said corporation shall consider excessive, it shall
and may be lawful for such corporation to apply
to the Circuit Court for the county, or to the Su-
perior Court of Baltimore City, as the case may
be, according to the habitat of said coxporation, by
petition in writing, verified by the affidavit of the
President or other proper officer of said corpora-
tion, showing the amount of the capital stock of
said company, agreeably to the act of incorpora-
tion or any supplement thereto, the number of
shares into which said capital is divided, and
the par value of each share under the act of incor-
poration, and the number of shares of the said cap-
ital stock held by persons residing out of the State,
the number of shares held by persons in the said
county or city, and the number of shares held by
persons outside of said county or city, and within
the State, and also a statement showing the assets
of said corporation in a general way, and the esti-
mated value of said assets; and upon the filing of
said petition and said statement, it shall be the
duty of the said court to appoint a day for the
hearing thereof as early as can conveniently be
assigned for the purpose; notice whereof shall be
given to the County Commissioners or Appeal Tax
Court, as the case may be, by service of a copy of
said petition and statement, and of the order of
said court; and if the said County Commissioners
or said Appeal Tax Court shall controvert the
allegations of said petition, then the matters in
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