Principles of Corporation Law

Excerpt from Principles of Corporation Law

The Codification of 1908, chapter 240, and the Uniform Stock Transfer Act (1910, chapter 73), have, to a considerable extent, rationalized the Maryland statutory law of corporations, - with the result that much discussion in the former edition of purely local interest, has become useless. In this revision, I have tried to keep in view the original purpose, namely, to give to the student of corporation law a knowledge and understanding of its characteristic principles and problems. And by characteristic, I mean those principles and problems which are presented because, and only because, the rights and duties involved are those of a fictitious person: - one that is made and not born. Doubtless, in carrying out this purpose, I have made mistakes both of omission and of commission; but the intention was good, and the available time was limited.

For much and valuable assistance I am indebted to Samuel Want, Esq., of the Baltimore Bar, - to whom entire credit is due for the Appendix of Forms and the Index.

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