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Annual Report of the Comptroller, 1855
Volume 219, Page 14   View pdf image (33K)
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TOBACCO INSPECTIONS.

In Statement No. 11 may be found the amount of the gross receipts from

the State Tobacco Inspections in the City of Baltimore, during the fiscal
year just closed, which was $63,019.80 and the expenses were $45,196.32
leaving a nett balance of $17,823.48 applicable to the payment of interest
on Tobacco debt, true erection of Warehouses, ground-rent, &c. The
recommendation of the Comptroller in relation to Warehouse No. 6, just
completed in Baltimore, made in the last annual Report to the Executive,
is here renewed.

The amounts respectively returned by the several Inspectors are set forth
in Statement No. 12.

During the year 1854, the Comptroller, finding that there was no insur-
ance upon any of the Tobacco Warehouse in Baltimore, and believing it
improper, that so much of the State's property should be uninsured, effected,
during the temporary absence of the Executive, an insurance on all these
Warehouses. The insurance has been continued and the premium paid
out of the Executive Contingent Fund. It is necessary that a sufficient
sum should be appropriated for this purpose.

AGENTS OF INSURANCE COMPANIES NOT INCORPORATED
BY THE LEGISLATURE OF MARYLAND.

The Agents of Insurance Companies, not incorporated by the Legisla-
ture of Maryland, should pay a specific sum of money for a License to act,
as such Agents, in lieu of all other taxes therefor, and should be required,
before obtaining a License, to furnish such evidence of the condition of the
Company, for which they propose to act, .as would give to the people of
Maryland some guarantee of its solvency. Such penalties for a violation
of the law, on. this subject, should be prescribed, that the application by an
Agent for a proper License would be effectually secured. Advertising an
Agency, or putting up a sign, as such Agent, if proven to have been done
with his assent, to be prima facie evidence of a violation of the law.

 

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Annual Report of the Comptroller, 1855
Volume 219, Page 14   View pdf image (33K)
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