ART. 23] INSURANCE DEPARTMENT. 105

tion; provided, that nothing herein contained shall be construed
to apply to the granting of relief or benefits to members or their
families by any societies of a purely and exclusively religions,
charitable or benevolent description which are not operated with
a view to a profit by their officers or members.

Metropolitan Life Ins Co. v. Dempsey, 72 Md. 298 Order Int. Frat.
All. v. State, 77 Md. 664. Barton v. Fraternal Alliance, 85 Md. 30. Fra-
ternal Alliance v. State, 86 Md. 556-8.

1892, ch. 488. 1894, ch. 256.

128. Organizations, as described in section 127, issuing certi-
ficates for the payment of money or other benefits in the event
of sickness, accident or death, or other contingency, either to the
member, policy-certificate holder, or by whatsoever name the
same may be known, or to their families or representatives, but
issuing no certificate for the payment of a greater sum than one
thousand dollars upon any one life, may be formed on the mutual
co-operative assessment or stock plan, and if on the latter plan,
shall have a paid-up capital of at least $10,000; and such com-
panies, whether formed on the mutual co-operative assessment or
stock plan, shall be possessed of and constantly maintain a sum
of money not less in amount than ten thousand dollars or in
interest or dividend-bearing securities of equal market value, and
not in default for interest or dividend, which shall be deposited
with the Insurance Commissioner of this State, upon the terms
prescribed for the deposits made with the Treasurer of this State,
mentioned in section 116 of this article; provided, that weekly
or monthly collections or industrial benefit societies of this State,
incorporated before the first day of January, 1892, and which
made a report to said Insurance Commissioner for the year 1891,
may be only required to deposit with the Insurance Commis-
sioner, upon the terms above in this section mentioned, the sum
of five hundred dollars, before the first day of January, 1893,
and to deposit as aforesaid an additional sum of $500, before the
first day of January in every year thereafter, until they shall
have each deposited, as aforesaid, the full sum of ten thousand
dollars; but should any of said companies, included within the
terms of this proviso, fail for thirty days after the first day of
any January as aforesaid, to make the deposit of $500 iin this
proviso required, such company shall be proceeded against by the