If the company has a form affidavit, ensure that details are accurate for the current year and enter the form in the minutes for the meeting. This article focuses on how to form a stock corporation in Maryland.A corporation is a business entity having legal authority to act as a single person. Each corporation shall hold an annual meeting of its stockholders to elect directors and transact any other business within its powers. This guide will help you file formation documents, get tax identification numbers, and set up your company records. In addition to any stockholder voting in person at the meeting, the proxy holders must complete and sign a ballot at the meeting.