clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1870
Volume 386, Page 57   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

ART. —.] DOMESTIC INSURANCE COMPANIES. 57

1870, c. 422, for the purpose of meeting the expense of erecting and furnishing
suitable buildings for the asylum for the deaf and dumb, creates a fund to bo called
the " Deaf and Dumb Asylum Loan," and directs the treasurer to issue bonds to an
amount not exceeding one hundred thousand dollars, exempt from state, county and
municipal taxation, redeemable in not less than ten nor more than fifteen years;
and provides for tho levying of a special tax to meet the interest on and create a
sinking fund for the redemption of said bonds.

1870, c. 280 appropriates the sum often thousand dollars to enable the directors of
the Maryland institution for the instruction of the blind, to pay off an indebtedness
existing against that institution.

ARTICLE —.

Domestic Insurance Companies.

1. Insurance companies to report annually
to comptroller.
1st. Capital stock.
2d. What to report as assets.
3d What to report as liabilities.
4th. What to report as income.

6th What to report as expenditures
Penalty for failure to report comptroller
to furnish printed forms.
2. Statements to be published penalty
for failure.

1870, c. 257 repeals 1868, c. 294 [Supplement 1868, Art. —, Domestic Insurance
Companies] and re-enacts the same with amendments as follows:

SEC. 1. It shall hereafter be the duty of the presi-
dent or vice president and secretary, or other proper
officer of each company or association organized under
the laws of this state, to transact the business of insu-

1870, c 257.

rance, annually, on the first day of February, or within
one month thereafter, to prepare, under their own oath,
and deposit in the office of the comptroller of the treas-
ury, a statement of the condition of such company or
association on the thirty-first day of December then
next preceding, exhibiting the following facts and
items, in the following form, namely :

Insurance com-
panies to report
annually to
comptroller.

First — The capital stock of the company.

Capital stock.

Second — The. property and assets held by the com-
pany or association, specifying, first, the value, or as
nearly as may be, of the real estate held by such com-
pany or association ; second, the amount of cash on
hand and deposited in banks to the credit of the com-
pany or association, specifying in what banks the same

What to report
as assets.



 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1870
Volume 386, Page 57   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 06, 2023
Maryland State Archives