322 CORPORATIONS—INSURANCE. [ART. 23.

possessed of the amount of actual capital required of simliar
companies formed under the provisions of this article; and any
such company desiring to transact any. such business as aforesaid
by an agent or agents in this State, shall appoint such agent or
agents, who shall reside in this State, and shall file in the office
of the clerk of the superior court of Baltimore city a certified
copy of the vote or resolution of the directors appointing such
agent, to be recorded at the cost of such agent in a book to be
specially procured for that purpose; which appointment shall
continue until some other agent shall be in like manner ap-
pointed in his place, and the appointment certified and recorded
as aforesaid.

1868, ch. 471, sec. 103.

119. Said company shall also file in said clerk's office, to be
recorded as aforesaid, a certified copy of its charter, together
with a statement under the oath of the president or vice-presi-
dent and secretary, and to be renewed annually, in the month of
January of each year, setting forth the name of the company and
the place where located, the amount of capital and the amount
actually paid in, with a detailed statement of its assets and its
indebtedness, the amount of losses adjusted and unpaid, the
amount incurred and in process of adjustment, and any other
claims existing against the company; and in the case of life
insurance companies, the said certificate shall contain a state-
ment, under the oaths of said certifying officers, that the said
company has invested in good securities, naming them, an
amount equal to that required of similar companies authorized
to be incorporated under this article, and that such securities are
held in trust, and by whom, for the benefit of persons who may
effect insurance in said company. Any person who shall act as
agent of any insurance company which has not complied with
the provisions contained in this section, shall be subject to a
penalty of five hundred dollars for every day he shall so act, to
be recovered as other fines and penalties are recovered in this
State, one-half to the use of the informer, and one-half to the use
of the State.

Ibid, sec 104.

120. Any corporation formed under this article may insure
the property, real, personal or mixed, which any married woman