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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 152   View pdf image (33K)
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152 CORPORATIONS. [ART. XXIII
rate class and their certificates valued as an independent association
in respect of contribution and funds.
1916, ch. 343, sec. 244TJ.
244L1. Nothing in sections 229 to 244N, both inclusive, shall be-
taken or construed as applying to corporations, societies or voluntary
associations the business of which is conducted strictly upon the mortu-
ary assessment plan, and of which the death benefit certificates are
issued for no fixed amount, and are limited to a sum not exceeding
five hundred dollars ($500.00) in the case of any one person.
Mining Companies.
245. Repealed. (Act 1918, ch. 417.)
1904, art. 23, sec. 228. 1888, art. 23, sec. 146. 1860, art. 77, sec. 2. 1868, ch. 471,
sec. 139. 1912, ch. 112. 1918, ch. 204.
246. The president and directors of any corporation mentioned in
the preceding section shall be invested with full power to locate and
construct a railroad or railroads, with necessary appurtenances, and
shall be empowered to condemn a right of way for such purposes, be-
ginning the same at, or near, the mines, manufactories or works of said
corporation and running to any convenient point or points that may
best suit the convenience and interest of said corporation, or beginning
at the tipple or other works of said corporation or at a place where
said corporation intends or designs to erect such tipple or other works,
and running either on the surface, underground, or by elevated road,
or partly on the surface and partly by the other methods, or one of
them, to the vein of coal or other minerals at the point at which said
corporation may desire to open or work the same; and to use and con-
trol said "railroad or railroads, and the necessary vehicles and appur-
tenances thereto belonging"; provided however that the right of con-
demnation granted by this section shall in no case be allowed to inter-
fere with the workings of any other mine or mines.
Railroad Companies.
261.
The precise route between the termini must to a great extent be left to
the discretion of the company; it is practically impossible to definitely
locate the precise route before the company is incorporated. Termini held
sufficiently designated. When a corporation is formed under the general
law, no further proof is required to show that the incorporators have
accepted the charter than their compliance with the provisions of the
statute. Questions of the sufficiency of the description of the termini in
the charter, of the existence of the corporation, etc., are for the court;
jury trial properly denied. Hyattsville v. Washington, etc., R. Co., 122 Md.
668.
To the notes to this section on page 250 of volume 3 of the Annotated
Code, add Hyattsville v. Washington, etc., R. Co., 122 Md. 660, and Hyatts-
ville v. Washington, etc., R. Co., 124 Md. 578.


 
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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 152   View pdf image (33K)
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