The citizen. (Frederick City, Md.) 1895-1923, 1912-05-10
rCHAPTER S37.]

AN ACT to add new Article to the
Code of Public General Laws of the
State of Maryland, under title can
Act to facilitate the insurance Of en-
ployees against the consequence of
accidents resulting in personal in
jury or death, and to permit agree
ments between employers and en-
plOyes with reference to such acct
dents.
Section l. Be it enacted by the
General Assembly of Maryland, That
it shall be lawful for any employer to
make a contract in writing with any
employee whereby the parties may
agree that an employee shall become
insured against accident occurring in
the course of employment which re-
suits in personal injury or death, in
accordance with the provisions of this
act, and that in consideration of such
insurance the employer shall be re-
lieved from the consequences of acts
or omissions by reason of which he
would without such contract become
liable toward such employee or toward
the legal representative, widow, wild
over, or next of kin Of such employee.
Sec. 2. Such insurance shall be
effected in some casualty company
organized under the laws of the State
of Maryland or admitted to do bust
ness in this State, provided that any
employer employing not less than
fifteen hundred Q500) employees may
establish an insurance fund from
sums contributed by himself and his
employees upon the condition that he
undertake and agree to make up any
deficiency in insurance benefits that
may arise out OF the inadequacy of
such fund. Such fund shall be in.
violably appropriated as a trust fund
for the purposes of such insurance
and shall not be invested otherwise
Provision shall be made for the cleo
ton by the insured employees of an
advisory committee, which shall be
kept informed regarding the state of
the insurance fund, and shall have
the right to examine the books kept
in connection Herewith. Such books
shall also be subject to the inspection
of the Insurance Commissioner of this
State in the same manner as books of
insurance companies doing business in
this State.
Upon the request Of the employer
or upon the request Of the advisory
committee the Insurance Commits
sioner shall act as depository of the
securities in which such funds may be
invested.
If an employer desires to discon-
tinue an insurance fund maintained
by him, or if he discontinues his bust
ness without transferring the same
to q successor or assign, taking over
and agreeing to maintain such fund,
he shall notify the Insurance Commits
sioner of his purpose, who shall there
upon supervise the disposition of the
insurance fund. Such fund shall be
distributed among those equitably en-
titled to it according to their contri-
button (not taking into consideration
expenses of the management, and
where those entitled to any part of
the fund can not be discovered or
ascertained, the moneys remaining I'M
claimed shall be paid into the Insur-
ance Department, to be held and dis
posed of as may be provided by law.
The Insurance Commissioner shall
be entitled to be paid out of such fund
the reasonable expenses of his super
vision, including a compensation not
to exceed ten dollars per day for the
time of any person or persons (other
than a salaried employee Of his office)
employed by him for the purpose of