The citizen. (Frederick City, Md.) 1895-1923, 1908-05-29
NEW ADVERTISEMENTS.
r AVIS OF MARYLAND.
JANUARY SESSION, 1908.
CHAPTER 800.

resident in this State, or corporations in
corporated under the laws of this State,
against fire, lightning or tornado, from
companies, associations, firms or corpora
tons not authorized to transact business in
this State, shall file with the Insurance
Commissioner of the State statement or
declaration setting forth the name of the
company, number of policy, amount of in
surance, rate, premium and description of
property, shall be required to pay tax
thereon of five per cent of the premiums
paid on such policies to the said Insurance
Commissioner; and shall further pay fee
to said Commissioner of one dollar on each
policy for making a record of the said state
ment or declaration, which record shall be
kept for the private information of the in
formation of the insurance department of
/ this State and shall not be public record.
| Section 157B. Whenever any person or
firm resident in this State or corporation,
incorporated under the laws of this State,
shall file with the Insurance Commissioner
an affidavit that said person, firm or cor
poration is unable to obtain in companies
| legally authorized to do business in this
! State insurance, or sufficient amount
thereof, on property situate in this State
owned by said person. firm or corporation,
then the Insurance Commissioner shall
issue license TO such person, firm or cor
poration authorizing the procurement of in
surance in nOR-admitted companies or asso-
Citations to the extent of the insurance de-
sired and such person, firm or corporation
shall not be required to pay the tax i'm
posed by the preceding section, but shall be
required to pay to said Insurance Commits
sioner a fee of one dollar on each policy so
obtained; and said Insurance Commissioner
shall make a record thereof in the book
mentioned in the preceding section, show
ing name of company, number of policy,
amount of insurance, rate, premium and
date of expiration of policy; and in case of
damages to or loss by fire, lightning or tor
nado of any property so insured, the said
Unauthorized company is hereby authorized
company is hereby authorized through its
agent or agents to enter this State for the
purpose of adjusting any such loss or DAM
age sustained under said policies, but not
to solicit insurance in such unauthorized
companies.
Section 157C. Any person, firm or corpor-
alton who shall, with intent to secure such
license. make a false affidavit. shall be
guilty OF perjury: and any policy of insur-
ance obtained under such license shall be
void, and the license so issued shall be
cancelled by the Insurance Commissioner
Section 157D. Any person, firm, resident
in this State, or corporation incorporated
under the laws of this State who shall OBJ
tain or have possession of policies of insur-
ahce against loss by fire, lightning or lorna
ado on property situate in this State issued
by companies associations, firms or cor
porations not authorized to do business in
this State without complying with the pro-
visions Of Sections 151A, 157B of this Act
shall be guilty of misdemeanor, and upon
conviction thereof shall be subject to fine
of not less than one hundred dollars nor
more than one thousand dollars, or impris-
onment in Jail for period of not less than
one month nor more than six months, in
the discretion of the court.
Section 157E. Any person who within
this State shall act as Intermediary in any
manner in procuring or delivering i'll viola
ton of the provisions of this Act any policy
of insurance, shall be subject to all the pen
alties Of the preceding section.
Section 157F. 1t shall be the duty of the
|
icies issued in non admitted companies
Unauthorized Company, tax paidn or
Unauthorized Company, no tax, and any
person, firm or corporation who shall obtain
or have in their possession any policy of
companies not authorized to do business in
this State, dated after the passage of this
Act insuring such individual, corporation
or firm from loss and damage by fire,
| lirl 10 80
in this State without being so stamped,
shall be subject to all the penalties of Sec
ton 151D OF this Act; provided, however,
that railway companies and other common
carriers engaged in interstate commerce
may place insurance without complying
with the requirements of this Act.
Section 1916. All policies of insurance
against loss or damage to property in this
State from fire. lightning or tornado,
issued by companies, associations, firms or
corporations authorized to transact the
business of insurance in this State, shall
have plainly marked or stamped in indel-
ible ink on each policy the words following
Authorized to do business in the State of
Maryland, = to which shall be annexed
fac-simile of the signature of the Insurance
Commissioner OF this State; any company,
ASSOCIATION, firm or corporation violating
the provisions of this section shall be guilty
of misdemeanor, and upon conviction
thereof shall be liable to the penalties pre-
scribed by Section 157D OF this Act The
Insurance Commissioner of this State shall
furnish stamps for the purpose herein pre-
scribed at cost not to exceed two dollars
for each stamp, to be paid by all such au-
thorized companies, associations, firms or
corporations.
Section 18Th. Provided. nothing herein
contained shall prevent any mutual insur-
ance company or association which pays divi-
dends to policy-holders, or which returns
premiums in whole or part to policy
holders, from issuing policies insuring and
inspecting property, and adjusting losses
in this State, and the provisions of this Act
shall not apply to such companies or asso-
Citations.
Section 1871. Immediately upon the pas
sage of this Act the said Insurance Commits
sioner shall have copy thereof published
IN one or more daily newspapers published
in Baltimore city and one newspaper pub
lished in each of the counties of the State
of Maryland.
Approved April 13, 1908.
may 29-1t.