82 CORPORATIONS. [ART. 23

ses of said commissioners, how paid. Turnpike. Plank Road and Pas- senger Railway Companies. 236 A. Rates of toll for traction engines and vehicles attached thereto to be fixed by turnpike and plank road companies. 243 Roads to be kept in repair. Proceedings in case of neg- lect. Trust, Surety and Fidelity Com- panies. 244 A. Execution of bond. Validity and effect of bond. 244 B Requisite capital and assets of such company. Certificate of incorporation and other papers to be filed with State Tax Commissioner. Annual statement. 244 v. State Tax Commissioner to issue certificate of qualifica- tion to such company.

Water Companies. 246. May acquire and hold propel ty. Not to apply to Baltimore city. Dissolution of Corporations. 264. Insolvent corporations may be adjudged to be dissolved by Courts of Equity. Proceed- ings. 264 A. Unlawful conveyances by insolvent corporations. Preferences. 276 A. No corporation may be dis- solved until State taxes are paid. Process. 298. Upon what officers of corpora- tions process may be served. 304. Corporation acting as trustee or other fiduciary may not also become surety on the bonds of fiduciaries.

Miscellaneous Provisions.

1892, ch. 594.

8. Whenever five or more stockholders of any private corpo-
ration created under the laws of this State, at least thirty days
before an election for managers, directors or other officers of such
corporation elected by the stockholders thereof, shall give notice
in writing of their intention to canvass the votes, which may be
given at the next election thereof, and shall deliver said notice,
at the usual place of business of such corporation, to the presi-
dent, cashier, secretary, treasurer, director or other principal
manager of such company, it shall be the duty of the officers
receiving such notice, immediately to communicate the same by
mail to all the stockholders of said corporation living in the
State and living in other States, so far as their places of residence
appear on the books of such corporation.