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Session Laws, 1975
Volume 716, Page 1796   View pdf image
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1796                                             LAWS OF MARYLAND                       [Ch. 311

to the stock ledger of a State bank are
included in §6—122 of this subtitle.

6-144. ANNUAL MEETING OF THE STOCKHOLDERS.

(A)   PLACE.

THE ANNUAL MEETING OF THE STOCKHOLDERS SHALL BE HELD
AT THE OFFICE OF THE TRUST COMPANY.

(B)   NOTICE OF MEETING.

AT LEAST TEN DAYS BEFORE THE MEETING, NOTICE OF THE
MEETING SHALL BE PUBLISHED IN A NEWSPAPER [[OF GENERAL
CIRCULATION]] PUBLISHED IN THE COUNTY WHERE THE TRUST
COMPANY IS LOCATED.

REVISOR'S NOTE: This section is new language derived
without substantive change from the fifth
sentence of Art. 11, §60.

Subsection (b) of this section is modified to
conform the publication requirements to the
more Modern provisions for publication
throughout the Code and, to the extent
possible, to conform the publication
requirements for all banking institutions
under this subtitle.

The provisions of present §60 which relate to
elections of directors are included in
§6-148(d) of this subtitle.

6-145. OATH OF STOCKHOLDER BEFORE VOTING.

(A)   WHEN OATH REQUIRED.

ON DEMAND OF A STOCKHOLDER, A PERSON MAY NOT VOTE
ANY SHARE OF STOCK WHICH APPEARS ON THE STOCK LEDGER OF
THE TRUST COMPANY TO HAVE BEEN TRANSFERRED WITHIN THE
PRECEDING YEAR UNLESS THE PERSON MAKES OATH AS PROVIDED
IN SUBSECTION (B) OF THIS SECTION.

(B)   SUBSTANCE OF OATH.

THE CHALLENGED VOTER SHALL MAKE OATH, BEFORE THE
JUDGES OF ELECTION OR OTHER OFFICERS OF THE MEETING:

(1) THAT HE IS THE LAWFUL AND BONA FIDE OWNER
OF THE STOCK AND THAT, WITHOUT ANY UNDERSTANDING THAT THE
STOCK BE TRANSFERRED TO THE PARTY FROM WHOM IT WAS
RECEIVED, HE:

(I) PURCHASED AND PAID OR SECURED PAYMENT FOR

 

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Session Laws, 1975
Volume 716, Page 1796   View pdf image
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