1372                            LAWS OF MARYLAND                      [CH. 649

its articles of incorporation, an association shall cause a copy of such
amendments adopted to be filed with the State Tax Commission, who
shall record and transmit a copy in all respects as provided in Secs.
10-12 of this article for other corporations.]

The Articles of Incorporation of any association may be amended
in accordance with Sees. 10-13 of this Article; provided, however, that

(i) No amendment which alters the contract or property rights
of any outstanding stock or of any member shall be valid unless the
same has been approved by the affirmative vote, in person or by mail,
of two-thirds of the stockholders or members, or of each class of stock-
holders or members whose rights would be so altered;

(ii) Section 42(c) of this Article shall not apply to the require-
ment for such vote where such rights are altered; and

(iii) Any objecting stockholder or member whose contract or
property rights are substantially adversely affected by such amend-
ment, upon compliance with the provisions of Sec. 73 of this Article
shall be entitled to the same rights with respect to his contract and
property rights as an objecting stockholder has with respect to his
stock in the case of a consolidation or merger.

354.    Recording Fees.

The recording fees for filing articles of incorporation's] or amend-
ments thereto shall be the same and paid and accounted for in the
same way, as provided in this article for other corporations.

355.    Dissolution, Merger, Consolidation or Sale of Assets.

Any association [organized under this subtitle] may dissolve,
merge, or consolidate or may sell, lease, exchange or otherwise trans-
fer all or substantially all of its property and assets, in the same
manner as is provided for [other] stock corporations in Sections
65-83, inclusive, of this Article; for the purposes of this section,
objecting stockholders or members shall be entitled to the same rights
with respect to their contract and property rights as an objecting
stockholder has with respect to his stock in the case of a consolidation
or merger, as provided in Section 73 of this Article.

356.    Powers in General.

Each [bona fide] cooperative [marketing] association now or
hereafter incorporated under this subtitle shall have the following
powers:

(a) To engage in any activity in connection with producing,
marketing, selling, preserving, drying, catching, taking, harvest-
ing, cultivating, propagating, processing, canning, packing, handling,
storing, purchasing, or utilization of any agricultural or fishery prod-
ucts of its members or goods incidentally and customarily purchased
or marketed in conjunction therewith; or the manufacturing or
marketing of the by-products thereof; or in connection with the
purchase, hiring or use by its members of supplies, machinery, equip-
ment, or services or in the financing of such activities, or in any one
or more of the activities specified in this subsection and to transport
the products of its members, even though in so doing it may compete
with licensed common carriers;