ART. 23] PROPERTY—FARR'S TABLES. 621

the actual net cost of said publication by the insurance com-
missioner he is hereby authorized to collect from each com-
pany, the abstract of whose statement is so published by him;
and provided also, that any corporation, association, partner-
ship or individual doing a life insurance business in this State
on the co-operative or mortality assessment plan, shall not be
subject to the provisions of sub-sections second, third, fourth,
fifth and eighth of section 160 and of section 186 of this
article, nor to any other provisions of this article not applicable
to the co-operative plan, but shall in all other respects comply
with the provisions of this article and any amendments thereto.

1888, art. 23, sec. 140. 1874, ch. 9.

190. Any insurance company, incorporated under the laws
of any other State, may acquire by purchase, or any other
manner, and take, receive, hold, use, employ, manage, dispose
of, or deal with, any property, real, personal or mixed, and sit-
uate in the State of Maryland, which may be necessary or
proper to enable any of said insurance companies to erect
buildings for office or business purposes, or to enable any of
said insurance companies to foreclose any mortgages that may
be due said companies for loans made; provided, that all trans-
actions, as herein permitted, shall be in accordance with the
laws now in force regulating such transactions on the part of
insurance companies incorporated under the laws of this State;
all laws of this State, regulating and providing for the purchase
and holding of real estate by insurance companies of this State
shall be construed to bear with equal effect in law upon com-
panies of other States, purchasing or holding real estate in the
State of Maryland.

Ibid. sec. 141. 1884, ch. 600.

191. Any company, association, partnership or corporation,
granting insurance on the lives of persons under the age of ten
years, and doing business in the State of Maryland, or issuing
policies on the lives of residents of this State, must value all
its policies issued on the lives of persons under the age of ten
years, in accordance with the general legal rules for the valua-
tion of life insurance policies based on the mortality table
known as Farr's No. 3, for males; provided, that in no case
the valuation for the said policies on the lives of persons
under ten years of age shall be less than eight-tenths of the
weekly gross or office premiums thereon, with no credit deferred
net premiums.