372

LAWS OF MARYLAND

Ch. 179

such assent;

(k) To exercise the power of eminent domain in the
manner provided by the laws of this State for the
exercise of such power by other corporations constructing
or operating electric transmission and distribution lines
or systems;

(l) To become a member of other cooperatives or
corporations or to own stock therein;

(m) To conduct its business and exercise its powers
within or without this State;

(n) To adopt, amend and repeal bylaws; and

(o) To do and perform any other acts and things,
and to have and exercise any other powers which may be
necessary, convenient or appropriate to accomplish the
purpose for which the cooperative is organized.

[383] 5. Name.

The name of a cooperative shall include the words
"electric" and "cooperative," and the abbreviation
"Inc.," unless, in an affidavit made by its president or
vice—president, and filed with the [State Tax Commission]
DEPARTMENT OF ASSESSMENTS AND TAXATION or in an affidavit
made by a person signing articles of incorporation,
consolidation, merger or conversion, which relate to such
cooperative, and filed, together with any such articles,
with the [State Tax Commission,] DEPARTMENT OF
ASSESSMENTS AND TAXATION, it shall appear that the
cooperative desires to do business in another state and
is or would be precluded therefrom by reason of the
inclusion of such words or either thereof in its name.
The name of a cooperative shall be distinct from the name
of any other cooperative or corporation organized under
the laws of, or authorized to do business in, this State.
Only a cooperative or corporation doing business in this
State pursuant to this [subheading] ACT shall use both
the words "electric" and "cooperative" in its name.

[384] 6. Incorporators.

Five or more natural persons, or two or more
cooperatives, may organize a cooperative in the manner
hereinafter provided.

[385] 7. Articles of incorporation.

Articles of incorporation of a cooperative shall
recite that they are executed pursuant to this
[subheading] ACT and shall state: (1) The name of the
cooperative; (2) the address of its principal office[;]
and the name and address of its resident agent; (3) the
names and addresses of the incorporators; and (4) the
names and addresses of its directors; and may contain any