LLOYD LOWNDES, ESQUIRE, GOVERNOR.

Punishments," to be inserted after section 119 of said Article,
and to be designated as Section 119 B, under the sub-heading of
" Fraud by Directors or Officers of Insurance Companies," said
section to read as follows :
119 B. Any director or officer of any insurance company, or

901

association, or fraternal beneficiary association, who shall receive
any premium or assessment on behalf of said company, asso-
ciation, or fraternal beneficiary association, knowing at the time
of the receipt of said premium or assessment said company,
association, or fraternal beneficiary association to be insolvent,
shall be deemed guilty of a misdemeanor, and upon conviction
thereof, shall be liable to a fine not exceeding five hundred dol-
lars, or imprisonment in jail for a period not exceeding six
months, or both, in the discretion of the court.

Guilty of mis-
demeanor.

SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 9, 1898.

CHAPTER 321.
AN ACT to appropriate a sum of money to Charlotte Hall
School, in St. Mary's County, Maryland, and to establish
twenty-six free'" scholarships therein.
WHEREAS, It appears that the appropriation made by chapter

Effective.

four hundred and eighty-three of the Acts of 1894, for the
support of Charlotte Hall School will expire on and after
the first day of June, eighteen hundred and ninety-eight ; and
WHEREAS, The president and trustees of Charlotte Hall

Preamble.

School propose, in addition to the free education heretofore
furnished by said school, to establish and maintain free scholar-
ships, including board and tuition, for one student from each
senatorial district of the State.
SECTION 1. Be it enacted by the General Assembly of Mary-

Preamble.

land, That the annual sum of five thousand ($5,000) dollars be
and the same is hereby annually appropraited for two consecu-
tive years, for the use and benefit of Charlotte Hall School, in
St. Mary's county, in this State.
SEC. 2. And be it enacted, That the Treasurer of the State

Sum of
money ap-
propriated,

of Maryland be and he is hereby directed, on the warrant of
the Comptroller, which warrant the Comptroller is hereby
authorized to draw, to pay said five thousand dollars hereby
annually appropriated for two consecutive years, to the presi-
dent of the board of trustees of Charlotte Hall School, in St.

Ap propria
tion.