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Session Laws, 1916
Volume 534, Page 1213   View pdf image (33K)
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EMERSON C. HARRINGTON, GOVERNOR. 1213

tor who is a citizen oi\ resident of this State but shall be thence-
forth subject to the provisions of this section relating to cor-
porations formed on or after June 1, 1916. No amendment of
the charter of any such corporation shall be necessary to change
the location, of the principal office of such corporation from
one place in a county or the City of Baltimore to another place
in such county or city, or to make any change whatsoever in
the names or addresses of any resident agents. Every such
corporation shall notify the State Tax Commission promptly
of any change (not made by amendment) in the location of its
principal office, or in the name or postoffice address of any
resident agent, - (giving in each case the county and city, town
or place, street and number, if number there be. ) The State
Tax Commission shall keep a public index of the locations of
the principal offices and the names and addresses of the resident
agents of all such corporations. Every corporation of this
State incorporated prior to June 1, 1916, not complying with
this section, shall have at least one director who is a citizen
of this State actually residing therein.

SEC. 8. And be it further enacted, That Sections 9, 10, 11,
12, 13, 16, 17, 18, 19, 23, 24, 25, 26, 27, 28, 29, 30 and 34 of
Article 23 of the Annotated Code of Maryland be and the
same are hereby repealed and re-enacted with amendments so
as to read, respectively, as follows:

9. Every corporation subject to the provision of this article
shall have a president, a secretary and a treasurer, all of whom
shall be chosen by the board of directors unless the by-laws
otherwise provide. The President shall be chosen from among
the directors. The corporation may have one or more vice-
presidents, assistant secretaries and assistant treasurers, if the
by-laws so provide, all of whom shall be chosen by the board of
directors, unless the by-laws otherwise provide. Any two of
the above offices, except those of President and Vice-President,
may, if provided by the by-laws, be held by the same person,
but no officer shall execute, acknowledge or verify any instru-
ment in more than one capacity, if such instrument is required
by law or by the by-laws to be executed, acknowledged or veri-
fied by any two or more officers. Except when otherwise pro-
vided the directors and officers hereinbefore mentioned shall
hold office for one year and until their successors are chosen
and qualified. The manner of filling all vacancies occurring in
the board of directors or among the officers hereinbefore men-
tioned shall be as provided in the by-laws; and in default of

 

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Session Laws, 1916
Volume 534, Page 1213   View pdf image (33K)
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