134:

LAWS OF MARYLAND.

SECTION 1. Be it enacted by the General Assembly

of Maryland, That sections twenty-seven, twenty-

eight, twenty-nine, thirty, thirty-one, thirty-two, thir-

ty-three, thirty-four, thirty-five and thirty-six of ar-
ticle fifty-six of the Code of Public General Laws,

title " Licenses," sub-title " Foreign Corporations and

Companies," and the amendments made thereto by

chapter three hundred and eighty-eight of the Acts

of the General Assembly, passed at the January ses-

sion, eighteen hundred and seventy-two; by chapter
four hundred of the Acts of the General Assembly,

passed at the January session, eighteen hundred and
seventy-four; and chapter two hundred and forty-

eight of the Acts of the General Assembly, passed

Repealed

at the January session, eighteen hundred and seven-

amended and
re-enacted.

ty-six, and section one hundred and five of article

twenty-six of the Code of Public General Laws, title

" Corporations," sub-title " Insurance Companies,"

and the amendments made thereto by chapter nine

of the Acts of the General Assembly, passed at Jan-

uary session, eighteen hundred and seventy-four, be

and the same are hereby repealed; and that said

sections twenty-seven, twenty-eight, twenty-nine,
thirty, thirty-one, thirty-two, thirty-three, thirty-four,

thirty-five and thirty-six of article fifty-six of the

Code of Public General Laws, title "Licenses," sub-

title "Foreign Corporations and Companies," and

section one hundred and five of article twenty-six of

the Code of Public General Laws, title " Corpora-

tions," sub-title " Insurance Companies," be and the

same are hereby repealed, amended and re-enacted,

so as to read as follows :

27. There is hereby established a distinct depart-

Insurance de

ment, to be known as the Insurance department, the

partmeut of
fice

office for which shall be in the city of Annapolis,

which shall be charged with the execution of the

laws of this State in relation to insurance, the chief

Shall be ap-
pointed.

Term.

officer of which shall be appointed by the Governor,
Treasurer and Comptroller for the term of four

Insurance

years, and shall be known as the Insurance Commis-

Commission

sioner, and shall receive an annual salary of twenty-

er.
Salary.

five hundred dollars, payable only out of the fees of

said department, authorized by this act, and shall

Hold his of

hold his office during the term for which he is ap-

fice.
Unless sooner
removed.

pointed, or until his successor is appointed and qual-

ified, unless sooner removed by the Governor, Treas-