556 LAWS OP MARYLAND. [CH. 327

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Sections 4, 25 and 29 of Article 23 of the Annotated
Code of Maryland (Volume 4), title "Corporations," as said
sections of said Article were amended by Chapter 596 of the
Acts of the General Assembly of Maryland of 1916, be and the
same are hereby repealed and re-enacted with amendments so
as to read as follows :

4. Every certificate of incorporation, together with a copy
thereof, shall be delivered to the State Tax Commission, which,
upon the payment, and not before, of the recording fees, for
which provision is hereinafter made, and upon the payment,
and not before, of the bonus tax, if any, prescribed by law,
shall receive the same for record and endorse thereon the date
and time of such receipt and promptly record the same, to-
gether with the endorsements thereon, in a book to be kept for
that purpose. After the recording by it of such certificate of
incorporation, the State Tax Commission shall transmit a copy
thereof duly certified by it to the Clerk of the Circuit or
Superior Court (according to the location of the principal
office of the corporation), by whom the same shall be again
recorded. At the time of receiving such certificate of incor-
poration for record, the State Tax Commission shall collect
a minimum recording fee of ten dollars and if such certificate
of incorporation provides for more than one class of stock,
an additional recording fee of five dollars. One-quarter of the
recording fees collected shall be paid by the State Tax Com-
mission for recording such certificate of incorporation to the
clerk of the Circuit or Superior Court to whom a copy thereof
is transmitted, and for the balance it shall account quarterly
to the Comptroller and pay the same forthwith to the State
Treasurer for the use of the State.

25. Such amendment or amendments shall be made in the
manner following: (1) The board of directors shall pass a
resolution declaring that such amendment or amendments is
or are advisable and calling a meeting of stockholders or mem-
bers to take action thereon. The meeting of the stockholders
or members shall be duly warned in the manner provided in
Section 15 of this Article. If two-thirds of all the shares (or,
if two or more classes of shares have been issued, two-thirds of
each class), outstanding and entitled to vote, or two-thirds of
the members vote in favor of such amendment or amendments,
articles of amendment setting forth such amendment or amend-