Democratic messenger. [volume] (Snow Hill, Md.) 1869-1973, 1912-05-11
f...pTER SAIL

AN ACT 10 add new Article to the
Code of Public General LAWS or the
State OF Maryland, under title IAN
Act 10 facilitate the insurance OF EN-.
ployees against the consequence OF
accidents resulting ia personal In.
jury or death. and TO permit agree
nents between employers and EN-.
ployos with reference 10 such acct.
dents.
Section J. Be Il enacted By the
General Assembly OF Maryland. That
II shall be lawful for any employer to
make 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.
lieyed 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. . 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 (l500l employees may
establish an insurance fund from
sums contributed BY himself and his
employees upon the condition that he
undertake and agree 10 make up any
deficiency in insurance benefits that
may arise out OF the inadeQuacy OF
such fund. Such fund shall be In.
yiolably appropriated as 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 10 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. tho Insurance Commits.
sioner shall act as deposliary OF the
securities Ia which such funds may be
invested.
II an employer desires 70 discon.
tinue an insurance fund maintained
BY him, or II 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.
sioncr 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 II according 10 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 un.
claimed shall be paid into the lnsur.
ance Department. 10 he held aud 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
10 exceed ten dollars per dag for the
time OF any person or persons (Other
than a salaried employee OF his ofIieel
employed by him for the purpose OF