16-9154

Werable Roetjer

TABLE OF CONTENTS.

DECLARATION OF RIGHTS.

ARTICLE 38.

Religious Corporations....

CONSTITUTION OF MARYLAND.

ARTICLE III.

SECTION.

33. Special laws not to be passed in any case for which provision

has been made by general law....

.....

34. Credit of State not to be loaned to corporation...

39. Liability of stockholders of banks....

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40. Private property not to be taken without compensation.

48. Corporation may be formed under general laws. When

special charter may be granted. Charter subject to

amendment. Corporation shall surrender all claims to

exemption from taxation or from repeal or modifica-

tion of charter when an amendment of charter was passed

for its benefit.....

54. Counties shall not lend credit to corporations unless author-

ized by General Assembly....

58. Tax upon revenues of foreign corporations..

PUBLIC GENERAL LAWS, 1904.

ARTICLE VII.

Arbitration and Award.

1. Board of Public Works may arbitrate between corporations
in which State is interested and their employes....

2. Arbitration between corporations and their employes..
3. May be conducted by judge or justice of the peace.
4. Special agreements for arbitration to be valid....
5. Parties may be represented before arbitrators..
6. Award of arbitrators; how made and enforced.

ARTICLE IX.

Attachments.

18. Attachment of shares of stock in corporation...

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ARTICLE XI.

Banks.

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SECTION.

1. Judgment for non-payment of note..

2. Sci. fa. for refusal to pay specie...

3. Trustees of such defaulting bank..

4. Trustee to give bond........

5. Publication of unclaimed deposits..

6. Costs of such publication; how paid..

7. Penalty for failure to publish....

8. Treasurers of savings banks shall give to Comptroller list of

depositors not heard from for twenty years; proviso....

9. Penalty for neglect....

10. Counting and destruction of notes of insolvent bank..

11. Recovery on note payable to bank.....

12. Banking associations shall make five annual reports to State

Treasurer; special reports....

13. Issuing of bank notes....

14. May become a national bank..

15. Conditions; vote of stockholders.

16. Surrender of State charter; liquidation.

17. Transfer of assets and debts....

18. Plates and dies to be destroyed..

19. Banking associations; how formed.

20. Powers of........

21. Capital stock if located in Baltimore city..

22. Capital stock if located elsewhere in State.

23. Board of directors....

24. Affairs; how managed..

25. Rules, restrictions and limitations of said banks, viz.

Art. 1. Vote of stockholders.

2. Who eligible as directors or president.

3. Annual statement to stockholders.

4. Semi-annual statements to stockholders.

5. Limit to issue of bank notes.

6. Oath of president and directors.

7. Limit to indebtedness.

8. Powers of board.

9. Dividends.

10. Pay of directors.

11. General meetings of stockholders.

12. Cashier or treasurer.

13. Real estate.

14. Corporate powers.

15. Bills or notes.

16. Transfer of shares of stock.

17. Prohibited loans: stock to be personal estate.

SECTION.

PAGE.

18. Notice of annual election.

19. Voting by stockholders.

20. In what funds to pay.

21. State tax on circulation.

26. Defaulting bank to pay interest to note holders and de-

positors.....

27. Assets to be distributed amongst creditors..

28. Distribution to be pro rata.....

29. Stockholders to be individually liable...

30. Sections 19-32 may be availed of by existing banks.

31. Not to resume when once closed by directors and stockholders.

32. Sections 19-32 in force until 1909......

33. Treasurer to appoint bank examiner; affairs of banks to be

investigated annually by such examiner.....

34. Bank failing to comply shall forfeit charter; appointment of

receivers...

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35. Associations affected by these provisions shall be subject
only to authorized visitorial powers.

36. Compensation of examiners.....

37. To what banks these provisions shall not apply....

ARTICLE XIV.

Bills of Lading, Storage and Elevator Receipts.

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1. Bills of lading to be negotiable instruments..

2. "Order" bills of lading negotiable instruments.

3. How construed....

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5. Penalty for refusal to issue "Order" bills of lading..

4. To be surrendered and cancelled before delivery of goods.

6. Conclusive evidence of their contents...

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7. Storage receipts also to be negotiable..

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8. When held to be completely issued..

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9. Not to be issued until goods are actually delivered.

91A, B and c. Rule against perpetuities with reference to educa-

tional and charitable corporations..

121. When corporation may be proceeded against as non-resident.

201. Seal not required upon corporate pleadings.

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