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Session Laws, 1906 Session
Volume 479, Page 1283   View pdf image (33K)
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EDWIN WARFIELD, ESQ., GOVERNOR.

1283

SEC. 16. And be it further enacted, That every promissory
note, premium note, or other evidences of debt given to and

CHAP. 759

accepted by the directors or proper officer or officers of
the said company in its behalf, in consideration of a
policy of insurance, whether the real consideration of said
note or other evidence of debt may be so named therein or
not, shall be given and conclusively understood to be upon
all the conditions and liabilities named in this Act, or any
amendment thereof, and such by-laws as may hereafter be
legally adopted or amended; and it shall always be under-
stood and agreed mutually that every person, persons or
corporation, by signing said note or other evidence of debt,
thereby authorizes, irrevocably, any attorney or attorneys at
law, of the Circuit Court for any county in this State, or of
the Superior Court of Baltimore city, to appear in such court
as the directors may designate, either during a term or recess
of such court, and confess judgment for any assessment by
the directors on any said note, or evidence of debt, or interest
in advance on same, made, estimated, determined or assessed
in accordance with this Act, in favor of said company, as
plaintiff, and against the maker or makers of any premium
note or other evidences of debt as aforesaid, as defendant or
defendants; and the said attorney or attorneys, in behalf of
said defendant or defendants, shall be further authorized to
waive stay of execution and all right to homestead or other
exemption now or hereafter to be allowed or reserved execu-
tion debtors, any statute of this State to the contrary not-
withstanding.

SEC. 17. And be it further enacted, That the judges and
clerks of the Circuit Courts for the respective counties and

How promis-
sory notes,
etc., shall be
understood
to be given.

the Superior Court of Baltimore city are authorized to enter
up judgment with the costs for interest or any assessment
on any note or other evidence of debt given in consideration
of premium for insurance in the said company without
reference to the amount, claimed or assessed; provided,
that nothing in this Act shall be taken to prevent the
said company from bringing suit before any justice of
the peace of this State for any claim of interest or assess-
ment not exceeding $100 on note or other evidence of debt
as aforesaid; and any defendant or defendants in any judg-
ment rendered thereon by any justice of the peace shall
also be deemed to have waived all right to exemption; and

Judgments
and costs
entered up,
etc.



 
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Session Laws, 1906 Session
Volume 479, Page 1283   View pdf image (33K)
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