608 CORPORATIONS. [ART. 23

standing against such company in this State. The term pro-
cess, used above, shall be held and deemed to include any
writ, summons or order, whereby any action, suit or proceed-
ing shall be commenced, or which shall be issued in or .upon
any action, suit or proceedings, by any court, officer or magis-
trate; third, a statement of the condition of the company on
the thirty-first day of December next preceding, under oath of
the president or vice-president of the company, with that of
the secretary or actuary, as hereinafter provided for; fourth, a
certificate of the appointment of a general agent of the com-
pany for this State, and a list of its agents authorized to
transact business for said company within this State; and no
certificate of authority, as hereinafter described, shall be issued
to any person or persons not so designated by the company as
agent, except in the case of solicitors of life insurance, who
may be designated by the general agent of the company for
this State.

Ben Franklin Ins. Co. v. Gillett, 54 Md 215. Metropolitan Ins. Co. v.
Dempsey, 72 Md. 293. Talbott v. Fidelity Trust, 74 Md. 541.

1888, art 23, sec. 125 1880, ch 387.

166. 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 mortgage or deeds of trust on unincum-
bered 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 company in the United
States, and that he is satisfied that the securities 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.