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Session Laws, 1886 Session
Volume 425, Page 173   View pdf image (33K)
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HENRY LLOYD. ESQUIRE, GOVERNOR.

per centum on the aggregate premiums re-
turned as received, as provided in section six
of this act; and the whole of such amounts, or

173

so much thereof as may be necessary, may be
assessed upon the organizations belonging to
this corporation, and upon all other organiza-
tions and agencies as hereinbefore mentioned,
in proportion to the several amounts of pre-
miums returned as received by each, as here-
inafter provided; and such assessment shall
be collectable by this corporation in any of
the Courts of Law in the city of Baltimore
having jurisdiction, or before any Justice of
the Peace in said city of Baltimore, should the
amount be too small to give a Court of Law
jurisdiction.

SEC. 6. And be it enacted, That to provide
for the payment of persons employed under
the provisions of this act, and to maintain the
apparatus for saving property contemplated,
this corporation is empowered to require a
statement to be furnished semi- annually by
all corporations, associations, underwriters,
agents or persons, of the aggregate gross pre-
miums, deducting cancellations and re-insur-
ance received for insuring property in the city
of Baltimore for and during the six months
next preceding the thirtieth day of June and

Assessment.

the thirty-first day of December in each year;
provided, the amount upon which the assess-
ment is to be levied upon deposits for any per-
petual policies issued by any such corporation,
association, underwriter, agent or person, shall
be a sum equal to the interest at the rate of
six per centum per annum upon any such
deposit received during the six months next
preceding any such assessment; which state-
ment shall be sworn to by the president, or
principal officer or secretary of the corpora-
tion or association, or by the agent or person
so acting and effecting such insurance in said
city, and shall be handed to the treasurer of
this corporation within thirty days after the
time to which such returns are to be made.

To furnish
statements.



 
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Session Laws, 1886 Session
Volume 425, Page 173   View pdf image (33K)
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