ART. 23] INSURANCE COMPANIES. 595

her own use, free from the claims of the representatives of the
husband or of any of his creditors; and in case of the death
of the wife before the decease of the husband, the amount of
the insurance may be made payable, after death, to her children
for their use, and to their guardian if under age.

Mutual Benefit Life Ins. Co. v. Wise, 34 Md. 582. Whitrldge v. Barry, 42
Md. 140. Knickerbocker Life Ins. Co. v. Peters, 42 Md. 415. Mutual Life
Ins Co. v. Stibbe, 46 Md. 312. Ellicott v. Bryan, 64 Md. 568.

1888, art. 23, sec. 118. 1868, ch. 471, sec. 102.

151. It shall not be.lawful for any insurance company incor-
porated under the laws of any other State of the United States,
or by any foreign government, directly or indirectly, to take
risks or transact any business of insurance in this State, unless
possessed of the amount of actual capital required of similar
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 appointed in his place, and the appointment cer-
tified and recorded as aforesaid.

Stevens v Rasin Fertilizer Co., 87 Md. 683. Condon v. Mutual Reserve
Co., 89 Md. 112.

1900, ch 744, sec. 118 A.

152. Every insurance company, foreign or domestic, shall
conduct its business in this State in its own proper or corpo-
rate name, and the policies and contracts of insurance issued
by it shall be headed or entitled only by its proper or corpo-
rate name.

1888, art 23, sec. 119. 1868, ch. 471, sec. 103

153. 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 com-
pany 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