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Session Laws, 1953
Volume 606, Page 762   View pdf image (33K)
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762 LAWS OF MARYLAND [CH. 405

the corporation and the laws of the state under which or-
ganized.

[(4)] (e) The articles shall become effective as pro-
vided in Section 62.

69. (c) The successor shall promptly deliver or mail
to each objecting stockholder written notice of the date
of acceptance of the articles for record by the Commission.
The successor may also deliver or mail to each objecting
stockholder by whom demand for payment has been made
a written offer to pay for his stock a price deemed by the
successor to be the fair value of such stock. Such offer
shall be accompanied by a balance sheet of the corpora-
tion which issued such stock, as of a date not more than
six months prior to the making of such offer, a profit and
loss statement for the twelve months' period ended on the
date of such balance sheet and such other information as
the successor may deem pertinent. The notice and offer
shall be personally delivered by the successor to each such
stockholder, or shall be mailed by registered mail, postage
prepaid, addressed to the stockholder at such post office
address as he has supplied in writing to the successor, or?
if none, at his post office address as it appears on the
records of the corporation which issued such stock.

124. (a) The Commission shall not accept for record
any charter paper of a corporation of this State, which is
not in conformity with law but any instrument purport-
ing on its face to have been acknowledged may be con-
sidered by the Commission as properly acknowledged.

124. (c) Upon acceptance for record of any charter
paper, or paper designating or changing the name or ad-
dress of a resident agent or principal office,
of any cor-
poration of this State, the Commission shall indorse
thereon the date and time of acceptance for record and
shall promptly record such charter or other paper and
the indorsement in a book to be kept for that purpose.
After such recording, the Commission shall transmit the
charter or other paper to the clerk of court of the county
in which is located the principal office of the corporation.
The clerk of court shall record the charter or other paper
in a book to be kept for that purpose, and shall then re-
turn the same to the corporation or its attorney or agent.

126. (Recording, Filing and Other Fees. ) (a) The Com-
mission shall charge and collect, in addition to the bonus
tax, if any, the following fees:


 

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Session Laws, 1953
Volume 606, Page 762   View pdf image (33K)
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