1124 LAWS OF MARYLAND [CH. 545

corporations of this State, of every class, having a capital
stock, which do no part of their business within this State
shall, for the purposes of Sections 88B to 88G, inclusive, of
this Article, be ordinary business corporations and are hereby
so defined. Provided, however, that nothing in this section
shall be taken or construed as classifying any of the above
mentioned corporations as ordinary business corporations, if
such corporations construct, maintain or operate properties,
lines or work within the State. The provisions of Sections 78
to 80, inclusive, of Article 93 shall not apply to ordinary
business corporations. None of the provisions of Article 81
relating to the imposition of, or imposing, taxes upon, or in
respect of, shares of stock of corporations of this State shall
apply to shares of stock of ordinary business corporations.

SEC. 7. And be it further enacted, That, a new and addi-
tional section be and the same is hereby added to Article 23
of the Annotated Code of Maryland, to be known as Section
3A, to follow Section 3 thereof, said new and additional sec-
tion to read as follows:

3A. Provisions in the charters or by-laws of corporations
of this State, heretofore or hereafter incorporated, requiring
for any purpose the vote of the holders of a proportion of the
shares of one or more classes of stock greater than the propor-
tion thereof required by any provision of this Article for
such purpose are hereby declared legal and binding.

SEC. 8. And be it further enacted, That Sections 64, 65,
120, 121 and 122 of Article 23 of the Annotated Code of
Maryland be and the same are hereby repealed.

SEC. 8A. And be it further enacted, That Section 24 of
Article 23 of the Annotated Code of Maryland be and the
same is hereby repealed and re-enacted, with amendments,
to read as follows:

24. Every corporation of this State, heretofore or hereafter
incorporated, may from time to time and in the manner here-
inafter provided, amend its charter and thereby accomplish
any one or more of the following objects: the addition to or
diminution of the corporate purposes and powers, or the sub-
stitution of other purposes and powers in whole or in part for
those set forth in the charter; the changing of the corporate
business; the changing of the corporate name; the changing of
the location of the principal office; the increasing of the author-
ized capital stock by increasing the number of shares thereof;