The Prince George's enquirer and southern Maryland advertiser. (Upper Marlborough, Md.) 1882-1925, 1912-05-10
CCHAPTER S371

AN ACT to add new Article to the
Code of Public General Laws of the
State of Maryland, under title AN
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.
| =.
| 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 (i500) 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 depositary 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 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 mot 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