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Session Laws, 1951
Volume 603, Page 346   View pdf image (33K)
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346 LAWS OF MARYLAND [CH. 135

is made by leaving copies of the process in the office of the
Commission as provided in this sub-title:

(a) It shall be the duty of the Commission forthwith to
record the day and hour of such service and to forward by
registered mail one copy of the process with a notice of such
service, addressed to such corporation at its mailing address,
if it has a mailing address on file with the Commission, or,
if it has not a mailing address on file with the Commission,
addressed to it at its principal office, if it has a principal office,
or, if it has neither a mailing address on file with the Com-
mission nor a principal office, addressed to it in care of the
Secretary of State or the corresponding official of the State or
place under the statute or common law of which it was formed
or is existing, if known to the Commission; and

(b) The court in which or the justice of the peace before
whom the matter is pending may order such continuances as
may be necessary to afford the corporation a reasonable op-
portunity to defend the action.

95. (Service of Notice. ) Any notice required by law to be
served upon any corporation of this State, or upon any foreign
corporation required by any statute of this State to have a
resident agent in this State, by personal service upon a resi-
dent agent or other agent or officer of such corporation, may
be served upon such corporation in the manner provided in
Section 93 of this Article for the service of process under the
same circumstances in which process is permitted to be served
thereunder, and such service shall be equivalent to personal
service upon a resident agent or other agent or officer of such
corporation.

UNIFORM STOCK TRANSFER ACT

96. (Procedure for Transfer. ) Title to a certificate and
to the shares represented thereby can be transferred only,

(a) By delivery of the certificate indorsed either in blank
or to a specified person by the person appearing by the certifi-
cate to be the owner of the shares represented thereby, or

(b) By delivery of the certificate and a separate document
containing a written assignment of the certificate or a power
of attorney to sell, assign, or transfer the same or the shares
represented thereby, signed by the person appearing by the
certificate to be the owner of the shares represented thereby.
Such assignment or power of attorney may be either in blank
or to a specified person.

The provisions of this section shall be applicable although
the charter or articles of incorporation or code of regulations


 

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Session Laws, 1951
Volume 603, Page 346   View pdf image (33K)
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