Clerk of Circuit Court v. Chesapeake Bay Shores, Inc.

I would reverse.

Maryland Code (1957, 1973 Repl. Vol.) Art. 23, § 66 (i) came into the Maryland scheme of things with the passage of a general revision of the corporation laws in 1951, see H. *633Brune, Maryland Corporation Law and Practice § 316 (rev. ed. 1953), long after the passage of the predecessor of Code (1957, 1969 Repl. Yol., 1973 Cum. Supp.) Art. 81, § 277, one of the tax sections here involved. See Hammond v. Phila. Elec. Pwr. Co., 192 Md. 179, 63 A. 2d 759, 6 A.L.R.2d 298 (1949), for a history of that tax section. The prior law did provide for approval by two-thirds of each class of…