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Session Laws, 1880
Volume 395, Page 503   View pdf image (33K)
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WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 503

SEC. 5. And be it enacted, That any Fire Insurance


Company incorporated by this State, or any agent


of any Fire Insurance Company incorporated outside


of this State, may become a member of this corpor-


ation, by paying annually, to the board of managers,

Who may be-

the assessment of such a percentage upon the pre-

come mem-
bers.

miums received by such company as shall from year


to year be levied by the said board, or by paying,


and by continuing to pay, from year to year, so long


as they may remain members, such sum as shall be


accepted by said board, in lieu thereof.


SEC. 6 And be it enacted, That whenever services


may be rendered by this corporation in saving any

Liable to as

property not insured by any of the companies which

sessment.

may be members of this corporation, from fire, or in


protecting the same from loss or damage during or


after a fire, the property so saved from fire or pro-


tected from loss or damage, shall be liable to assess-


ment for salvage for such services rendered, and the


value of such services may be determined by agree-


ment; but in case differences should arise regarding


the value of such services, the same shall be referred


to two impartial arbitrators to determine, whose

Referred to

award shall be final and conclusive of such value,

arbitration.

and in case the two referees thus chosen should not


agree, they shall appoint an umpire, and an award


signed by any two of the board of reference thus


provided for shall be final, and the amount thus as-


certained shall be collectable by this corporation in


any of the courts of law of this State, or before any


justice of the peace of this State, should the amount


of such award be too small to give a court of law


jurisdiction ; the said arbitrators shall be chosen, the


one by the party whose property is preserved or


saved from loss or damage, and the other by the


president or other proper officer of this corporation,


and should the party whose property is cared for as


aforesaid by this corporation, refuse to admit any


assessment or charge for such service, and refuse also


to name an arbitrator as herein provided for, then


the board of management of this corporation shall


be empowered, and they are hereby empowered to


appoint an exparte board of reference, to consist of

Exparte

three citizens of the city of Baltimore, who shall be

board

first sworn according to law to make a careful inves-




 

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Session Laws, 1880
Volume 395, Page 503   View pdf image (33K)
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