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Maryland Manual, 1953-54
Volume 165, Page 40   View pdf image (33K)
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40 MARYLAND MANUAL

are doing business under the terms of the "Small Loan Law", which
is administered by the Administrator of Loan Laws (Code 1951, Art.
II, sees. 163-206).

Appropriations 1963 1964
General Fund $187,750 $200,799

Staff: 34.

BANKING BOARD

J. Millard Tawes, Comptroller of the Treasury
Morton M. Prentis, Baltimore Clearing House, 1955
L. Alan Dill, Associated Mutual Savings Banks of Baltimore,

1967
F. Ross Myers, Maryland State Bankers' Association, 1969

The Banking Board, established in 1936, is composed of the Comp-
troller of the Treasury, and three members appointed by the Gov-
ernor, from lists of nominees submitted by (1) the Baltimore Clear-
ing House, (2) the Associated Mutual Saving Banks of Baltimore,
and (3) the Maryland State Bankers' Association. Each member
holds office for six years with one term expiring every two years.
The Board meets at the call of the Bank Commissioner to confer and
to consult with him in matters pertaining to the banking business or
banking institutions in Maryland (Code 1951, Art. II, sec. 27).

STATE INSURANCE DEPARTMENT

Charles S. Jackson, Insurance Commissioner, 1956
John H. Coppage, Deputy Commissioner
Denton S. Lowe, Chief Examiner
Maurice H. LeVita, Examiner
Howard E. Gates, Chief, Rating Bureau
Joseph F. Mannion, Auditor-Examiner
Joseph M. McSweeney, Chief Fire Investigator
Leonard L. Shircliff, Insurance Agent Examiner
Mollie E. Bald, Assessment Supervisor
Edward E. Marsh, Claims Adjuster

34 Hopkins Place, Baltimore 1 Telephone: Lexington 9-0855

The State Insurance Department was first created in 1872 as a
part of the offices of the Comptroller of the Treasury. In 1878 the
Department became an independent agency. The State Insurance
Department is under the direction of the Insurance Commissioner,
who is appointed by the Governor for a term of four years (Code
1951, Art. 48A, sees. 2, 3).

. It shall be the duty of the Commissioner to see that all the laws
of the State governing insurance companies or relating to the busi-
ness of insurance are faithfully executed.

The Commissioner authorizes and licenses insurance companies
agents, solicitors, brokers and brokers' solicitors to do business in the

 

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Maryland Manual, 1953-54
Volume 165, Page 40   View pdf image (33K)
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