10

LAWS OF MARYLAND.

CHAPTER 9.

AN ACT to repeal sections one hundred and tive,

and one hundred and six of article twenty-six of

the code of Public General Laws, title " Copora-

tions," sub-titfe "Insurance Companies," and to

re-enact , the same with amendments.

Section re-

SECTION 1. Se it enacted by the General Assembly of

pealed

Maryland, That suctions one hundred and five, and

one hundred and six of article twenty-six of the code
of Public General Laws, title "Corporations," sub-

title " Insurance Companies," be and the same are

hereby repealed and re-enacted so as to read as

follows

To pubilsh an-

105. Every Insurance Company transacting busi-

nual etatcment

ness in the State of Maryland, shall annually cause

to be published, once a week, for three successive

weeks, in at least one newspaper published in the city

or county of this State in which the principal office

or agency of said company may be located, a certified

copy of the annual statement which they are re-

quired by the thirty-second section of the act passed

at January session eighteen hundred seventy-two,

Proviso

chapter three hundred eighty-eight, to submit to the

Insurance Commissioner; provided, that the publi-

cation tor Fire and Marine Insurance Companies,

shall be made during the month of January, and that

for life Insurance Companies during the month of

of February; a copy of the first publication to be

furnished to the Insurance Commissioner.

To acquire and
hold property

106. Any insurance company incorporated under

the laws of any other State may acquire by purchase

or any other manner, and take, receive, hold, use,

employ, manage, dispose of, or deal with, any prop-

erty, real, personal, or mixed, and situate in the State

of Maryland, which may be necessary or proper to

enable any of said insurance companies to erect for

office, or business purposes, or to enable any of said in-

Proviso

surance companies, to forclose any mortgages that

may be due said companies for loans made: provided

that all transactions as herein permitted shall be in

accordance with the laws now in force regulating