THOMAS SWANN, ESQUIRE, GOVERNOR. 715
their contribution aforesaid, it shall be lawful for
the said Board of Directors, upon filing such state-
ment in the office of the Cork of the county or
district in which such defaulting member shall re-
side to cause execution to issue for the said propor-
tion iii the same manner as if a judgment had been
rendered for the same, together with all cost inci-
dent to such proceeding. |
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Sec. 12. And be it enacted, That the said com-
pany shall have and is hereby invested with full
power and authority to make any by-laws whereby
any members of the said company failing to pay
the interest on their premium note according to
the constitution and by-laws, of the said company
may be excluded from all' benefit of insurance,
and at the same time hold liable to contribute in
case of loss by others during all the time they may
be so in default, any law or statute of this State to
the contrary thereof notwithstanding. |
May make
By-Laws. |
Sec. 13. And be it enacted, That the said com-
pany shall have full power and authority to rescind,
or revoke any policy of insurance by them issued
whenever they shall deem it advisable 80 to do. |
Power to
revoke poli-
cies. |
Sec. 14. And be it enacted, That nothing herein
contained shall be construed to grant banking pri-
vileges to said company, and the General Assembly
hereby reserves the right to alter, amend, or repeal
this Act at pleasure. |
No banking
privileges. |
Sec. 15. And be it enacted, That this Act shall
take effect from the day of its passage. |
In force. |
CHAPTER 348. |
|
AN ACT to incorporate the Aia College, Mary-
land. |
Passed Mar.
22, 1867. |
SECTION 1. Be it enacted by the General Assem-
bly of Maryland, That H. D. Harvey, Joshua
Hartshorn, W. W. Spence, James Warden, Rev- |
Incorporated. |
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