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Perpetual
succession.
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SECTION 1.Be it enacted by the General Assembly of
Maryland, That the term of existence of said Monumental
Mutual Life Insurance Company of Baltimore City shall not
be limited to forty years, as prescribed in its certificate of
incorporation, but that its existence shall have perpetual
succession.
SEC. 2. And be it enacted. That this Act shall take effect
from the date of its passage.
Approved April 8, 1902.
CHAPTER 205.
AN ACT to refund to the Hartford Life Insurance Company
a sum of money erroneously paid into the State Treasury.
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Preamble.
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WHEREAS, The Hartford Life Insurance Company of Hart-
ford, Connecticut, in a report made to the State Insurance
Commissioner of this State for the year 1900 did erroneously
return the business done in the State of Maryland for that
year to be one hundred and three thousand five hundred and
sixty-four dollars and ninety-six cents ($103,564.96), and upon
the basis of these figures a check for the sum of one thousand
five hundred and fifty three dollars and forty-seven cents
($1,553.47), being the tax at one and one-half per centum On
said amount, was on the 8th day of March, 1901, forwarded
to said State Insurance Commissioner, and by him turned
into the State Treasury ; and
WHEREAS, According to the books of said Hartford Life
Insurance Company, and the affidavits of the president and
secretary of said company, the said return was shown to be
erroneous and included the business done in another State, and
that in truth and in fact the business done in the State of
Maryland for thaj year amounted to twenty-three thousand
five hundred and ninety-four dollars and ninety-two cents
($23,594.92) an error of seventy thousand nine hundred and
seventy dollars and four cents ($70,970.04), showing an over-
payment of taxes to said State in March, 1901, to the amount
of one thousand one hundred and ninety-nine dollars and fifty-
five cents ($1,199.55), being one and:one-half per centum upon
the excess of premiums reported over those actually collected ;
therefore,
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