Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1847-05-27
NO. s57..
A FI7RTHER SUPPLEMENT- to II
may 27-3t'

A N ACT, relating to Foreign Corporations and
| n their Agencies in this State
| Section l. Be it enacted by the General assembly
of .NIarylaad, That from and after the first day OF
May next, it shall not be lawful for any person or
persons to act as the agent or agents within this
State for any individual OR association of indivdu-
ais OR corporations not incorporated and authorized
by the laws of this State, to make assurances on
marine fire risks, or assurances on lives or other
insurances or to receive or transmit offers for in
surance to their principals, or receive or deliver po-
lcies of insurance, although such individual or as
ISOLATION of individuals may be incorporated for
these purposes by the laws of any other State, Dis
trict or Territory of the United States, or by the
laws of any foreign Kingdom, State or Nation, to
effect assurances, without first obtaining license
therefor, in the manner hereinafter required.
Sec. 2. find be it enacted That license for the
purpose of efecting assurances, receiving or
transmitting offers for insurance, orTecevng or de-
! lvering policies of insurance, as expressed in the
preceding section, shall be granted by the Treasur
er of the State to any person or persons, body or
bodies corporate polite, who shall apply therefor
and pay to the said Treasurer the sum of one hum
dred dollars for the of this State, which license
shall authorize the person persons, body bodies
corporate polite, to whom the same shall be
granted to effect assurances to receive and trans
NIT offers for insurance, to receive and deliver
policies Of insurance aforesaid, from the day of
its date for the period Of twelve months thereafter
and no longer.
Sec. 8. find be it enacted, That any person rper
sons, body bodies corporate or polite, acting as
agent agents aforesaid shall pay to the Trea-
surer haliyearly the Of three dollars per cent
um upon the amount of all premiums received by
such agent agents, or any other person or per-
sons, for him or them, or which shall have been
greed to be paid for any insurance effected agreed
to be effected or procured by him or them, as agent
or agents aforesaid, and such agent agents
shall, halfyearly, on the first Monday in January
and the first Monday of july furnish on his or their
affidavit or affirmation, true list and account of
all such premiums to the said Treasurer, and shall
at the same time pay to the said Treasurer,
the said sum of three dollars in every hundred dol
lars of such premium, and in all cases where the
said agent shall be body corporate polite, the
said oath or affirmation shall be made by the Pres
dent of said body corporate or polite.
Sec. A. find be 1t enacted, That before any agent
agents aforesaid shall act such in this State,
he or they shall give bond with sureties, to be APP
proved by the Attorney General or his Deputy, for
the county district in which said agent agents
may reside, in the penalty of five thousand dollars,
to render true list of such premiums to the said
Treasurer, and to pay to him the said sum of three
dollars on every hundred dollars of said premiums,
on the DAYS above mentioned, which said bond it
shall be the duty of the said agent agents to trans
NIT to the said Treasurer to be flied in the Treasury
office, and any agent or agents offending against
the provisions of this section, shall forfeit the sum
of five hundred dollars for every such offence, re-
coverabe as other fines and forfeitures; Prouided
that Notwithstanding such forfeiture and payment
thereof the said agent agents shall be personally
liable for the payment of the said sum Of three dol
lars on every hundred dollars of such premiums to
the Treasurer aoresaid find provided further, that
the principles of such agent or agents, and their
property shall be also responsible for payment of
said tax, and shall and may be proceeded against by