328 CORPORATIONS—INSURANCE COMMISSIONER. [ART. 23.

visit such company at its principal office, and make or cause to be
made under his supervision a thorough examination into all its
affairs; and such examination shall only go to the extent of ascer
taining whether the assets claimed to be possessed by such com-
pany are bona fide its own property, and of the character
required by law, and the actual value thereof, and to the extent of
ascertaining the liabilities of such company; and the expenses of
such examination shall be paid by the company. And if such
company shall refuse to permit such examination, or shall refuse
free access to all its books and papers, or shall in any way prevent
or obstruct a thorough examination into its affairs, he shall not
grant a license to such company; or if a license shall have been
already granted he shall at once revoke it, and publish the fact of
such revocation in one daily newspaper published in the city of
Baitimore. For the purpose of examinations authorized by law
the insurance commissioner shall have power to summon and ex-
amine any person being within this State, under oath, which he is
hereby authorized to administer, in relation to the affairs and con-
dition of any insurance company; and in order that the public
may be fully informed as to the condition of companies doing
business in this State, the result of the official examination of any
company doing business in this State shall, within thirty days
thereafter, in such condensed form as shall show the true condi-
tion of the company examined, be published by the insurance
commissioner at the expense of the company, in one daily news-
paper printed and published in the city of Baltimore.
Lycoming Fire Ins. Co. v. Langley, 62 Md. 216.

Ninth. Whenever the insurance commissioner shall have reason
to believe that any insurance company is insolvent, or fraudu-
lently conducted, or that its assets are not sufficient for carrying
on the business of the same, or during any non-compliance with
the provisions of this article, he shall make complaint thereof to
the judge of the circuit court of Baitimore city, or any judge of
the circuit court for the county where the company or agent may
be located, as the case may be; which judge shall, upon the
requisition of the commissioner, appoint a commission consisting
of the insurance commissioner and two disinterested and com-
petent persons, whose duty it shall be to examine every detail of
the business and condition of said company, and report in writing