H.B. 843 VETOES
if those documents relate to land; deleting a requirement for certain documents
relating to consolidation of telegraph companies to be filed with a clerk; clarifying
that consolidated telegraph companies are subject to certain provisions; deleting
requirements for clerks to maintain charter records, partnership records, and
limited liability company records; deleting a provision on the evidentiary value of a
copy of certain documents certified by a clerk and providing for the effect of this
deletion; providing for the transfer or other disposition of certain records of clerks;
providing certain effective dates; making stylistic changes; and generally relating to
the recording of certain records by the clerks of the circuit courts.
BY repealing and reenacting, with amendments,
Article 23 - Miscellaneous Companies
Section 321
Annotated Code of Maryland
(1990 Replacement Volume and 1992 Supplement)
BY repealing and reenacting, with amendments,
Article - Corporations and Associations
Section 1-202, 1-206(c), 3-111, 4A-207(c) and (d), 4A-706, 8-501.1(j), 10-206, and
10-208(g)
Annotated Code of Maryland
(1993 Replacement Volume)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 23 - Miscellaneous Companies
321.
Any such corporation formed as aforesaid may, with the consent of the majority of
the owners of the capital stock of such corporations, given in general meeting, extend
their lines of telegraph into any other state, or may construct branch lines in this State or
any other state, or may lease, sell or convey its property, rights, privileges and franchises
or any interest therein or any part thereof to any telegraph company organized under or
created by the laws of this or any other state, and may acquire by lease, purchase or
conveyance the property, rights, privileges and franchises or any interest therein or any
part thereof of any telegraph company organized under and created by the laws of this or
any other state upon such terms and conditions as may be agreed upon between the
respective companies, or by purchase at any sale of the property and franchises of any
such corporation heretofore incorporated or hereafter to be incorporated under the
terms of a mortgage or deed of trust heretofore made, or hereafter to be made, conveying
the property and franchises of any such company, or under decree of any court, or under
an execution issued against the property of said company; and said purchasing company
shall have and possess all the rights, franchises and privileges heretofore enjoyed by the
company whose property is so acquired, whether the same were acquired under grant
from any state, municipality or other corporation; or may consolidate with any other
telegraph company or corporation of this or any other state, under such name and with
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