332 CORPORATlONS—INSURANCE DEPARTMENT. [ART. 23.

secretary or actuary, as hereinafter provided for; fourth, a certifi-
cate of the appointment of a general agent of the company for
this State, and a list of its agents authorized to transact business
for said company within this State; and no certificate of author-
ity, as hereinafter described, shall be issued to any person or per-
sons not so designated by the company as agent, except in the case
of solicitors of life insurance, who may be designated by the gen-

eral agent of the company for this State.
Ben Franklin Ins. Co. v. Gillett. 54 Md 215.

1880, ch. 887.

125. Every life insurance company, in addition to the above,
shall file, and annually renew, a certificate from the insurance
commissioner or chief financial officer of the State in which such
company is organized, or of some one of the United States, setting
forth that such company has deposited with him the sum of one
hundred thousand dollars of its capital or assets, in gold coin of
the United States, or invested in notes or bonds of the United
.States, or in bonds of the State of Maryland, or of the State in
which said company is organized, or in bonds secured by mort-
gage or deeds of trust on unincumbered real estate, worth at least
double the amount loaned thereon, and that he holds the same in
trust and on deposit, under and by the laws of the State in which
he resides, for the benefit of all the policy holders of such com-

pany in the United States, and that he is satisfied that the securi-
ties so deposited by such company, and held by him, are worth at
least one hundred thousand dollars; provided, that every such

company not having such deposit made in the State in which it is
organized, or in some one of the United States, may make such

deposit with the treasurer of Maryland, in the manner provided
by law for companies organized under the laws of this State.

T. G. L , (1860,) art. 56. sec. 81. 1838, ch 432, sec. 6. 1872, ch. 388. 1874, ch.
400. 1876, ch. 248. 1878, ch. 106. 1880, ch 387.

126. No person shall act as agent or solicitor in this State for

any insurance company, including individuals, whether resident,
or non-resident, partnership or joint stock associations, except for
such companies as may be chartered under the laws of this State,
in any manner whatever relating to insurance risks, until all the
provisions of this article relating thereto have been complied