JOHN WALTER SMITH, ESQ., GOVERNOR.

457

have been granted, he shall at once revoke it and publish the
fact of such revocation in one daily newspaper published in
the city of Baltimore, and the person or persons by him
appointed for any of the purposes mentioned herein shall each
be entitled to a sum not exceeding ten dollars ($10) for each
and every day he or they are engaged in any such examina-
tion, and in addition thereto he or they shall be paid his or
their traveling and other expenses, which said per diem
and expenses shall be paid by the company whose affairs
are examined, and if not paid within ten days after the
completion of such examination, may be sued for by the
Insurance Commissioner; for the purpose of any examina-
tion authorized by law, the Insurance Commissioner, or the
person or persons by him appointed, shall have power to sum-
mon and examine any person being within this State, under
oath, which said Insurance Commissioner, or person or persons
are hereby authorized to administer in relation to the affairs
and conditions of any insurance company; and in order that
the public may be fully informed as to the condition of all
companies doing business in this State, the result of the official
examination of any such company, within thirty days there-
after, in such condensed form as shall show the true condition
of the company examined, shall be published by the Insur-
ance Commissioner at the expense of the company in one
daily newspaper printed and published in the city of Balti-
more, and should any insurance company organized under the
laws of this State refuse to permit its affairs to be examined
as herein provided, or refuse free access to its books or papers,
or in any manner whatever prevent a thorough examination,
the said Insurance Commissioner shall proceed against said
company in the manner provided in the seventh sub-section
of section 122 of this Article. Seventh. Whenever the
Insurance Commissioner shall have reason to believe that any
insurance company is insolvent, or fraudulently conducted, or

CHAP. 388.

License to be
revoked.

that its assets are not sufficient for carrying on the business of
the same, or during any non-compliance with the provisions of
this Article, it shall be his duty to make complaint thereof to
the judge of the Circuit Court of Baltimore City, or any judge
of Circuit Court for the county where the company or agent
may be located, as the case may be; which judge shall, upon
the requisition of the commissioner, appoint a commission,
consisting of the Insurance Commissioner and two disinterested
and competent persons, whose duty it shall be to examine
every detail of the business and condition of said company,
and report, in writing, the result of such examination to
the judge appointing them, who shall, if in his judgment the
charges of insolvency, fraud, neglect or abuse, as charged by

Complaint
be made.