268

LAWS OF MARYLAND.

within twenty days after notice of such loss; and

in case where persons sustaining loss by fire shall be

Dissatisfied
with estimate.

dissatisfied with the estimate of his loss by the ap-

praisers, on his request made in writing the subject

may be submitted to three disinterested persons,

one chosen by the directors, one by the person in-

sured who has sustained loss, and the one by the

two referees thus chosen; and the report of the

three persons thus chosen, or of any two of them,

shall be conclusive.

SEC. 9. And be it enacted, That upon the recep-

tion of the report of the appraisers or referees, the

How to pro-

directors shall proceed, in case there shall not be a

ceed.

sufficient sum of money in the treasury to pay the

same, to levy such pre fata tax as shall, together

with the sum on hand, be equal to the adjudged

damages, and the costs of collection; they may

employ a collector, if necessary, to collect the money

and pay it over to the treasurer within thirty days,

and the president shall give to the persons or per-

son insured who may have sustained loss, and whose

loss shall have been duly ascertained, an order on

the treasurer for the amount adjudged to him, her

or them; which said sum of money must be paid

within sixty days from the occurrence of the fire,

otherwise the said corporation shall be liable for

interest thereon.

SEC. 10. And be it enacted, That every member

Bound to pay.

of the said corporation shall be bound to pay for the

losses and necessary expenses accruing in and to

said corporation, in proportion to his or her deposit

note, or taxable property on the books of the com-

pany; and suits at law may be maintained in the

name of said corporation against any of its mem-

bers for the collection of said deposit notes, or an

assessment thereon, or for any other cause relating

Suits at law.

to the business of the company; and suits at law

may be prosecuted and maintained by any member

against said corporation for losses or damages by

fire, if payment is withheld more than sixty days

after said corporation is duly notified of such losses.

SEC. 11. And be it enacted, That if any member

of this corporation shall neglect or refuse to pay the

interest upon his deposit note, on the day of the

annual meeting of the members, as is provided by

the sixth section of this act, such member shall