22 CORPORATIONS. [ART. 23

any liability in the matter of insurance upon any property, real
or personal, situate in this State, unless such policy, certificate or
other evidence of liability assumed by said corporation, associa-
tion or individual shall have been, previous to delivery, signed or
countersigned by an officer or agent, resident in this State,
authorized by law to sign such policy or contract; provided,
however, that policies issued to railway corporations insuring the
rolling stock and other movable property of said road, and those
insuring the liability of such railroads as common carriers, shall
be subject to the requirement that they shall be signed by the
resident agent in cases only where more than one half the
trackage of the roads operated by such railway companies is
situate in the State of Maryland. The premiums on all policies
so signed or countersigned shall be included in the report of
gross premiums required to be made to the Insurance Commis-
sioner by all companies not organized under the laws of this
State; and any person violating the provisions of this section
shall be subject to the fines imposed by section 138 of this
article.

1900, ch. 740.

143 A. All licenses for the purpose of conducting the occu-
pation or business of an insurance broker shall be granted by the
Insurance Commissioner of the State of Maryland, and all such
licenses granted by said commissioner shall expire on the first
day of May thereafter. Whoever, for compensation, acts or aids
in any manner in negotiating contracts of insurance or reinsur-
ance, or placing risks, or effecting insurance or reinsurance for a
person other than himself, and not being duly appointed solicitor,
agent or officer of the company in which such insurance or
reinsurance is effected, shall be deemed an insurance broker
within the meaning of this article.

Ibid.

143 B. Any person applying for the same and paying to the
Insurance Commissioner the sum of one hundred dollars for the
use of the State, and an additional sum of one dollar as a fee to
the said commissioner for issuing said license may obtain a
license for carrying on the business of an insurance broker, and