1378 LAWS OF MARYLAND.
bond, contract, agreement, pledge or other security made or
given for that purpose.
SEC. 6. And be it further enacted. That said corporation
shall have the power to insure any person, firm or corpora-
tion against any and all loss, damage or liability arising from
or occasioned by or through any negligence, wrongful act or
accident whatsoever, or by theft, larceny, robbery or burglary,
also against any damage to plate glass and against any loss
of or damage to any personal property whatsoever, whether
the same be in the possession of the person or firm or cor-
poration insured, or elsewhere, and whether said loss or dam-
age be due to accident, negligence or any other cause, except
that nothing herein contained shall authorize the Chesapeake
Guaranty Company to insure against loss by fire.
SEC. 7. And be it further enacted, That said company be
and it is hereby authorized and empowered, either solely or
jointly, with one or more other sureties, to insure and become
surety for the fidelity of persons holding places of trust or re-
sponsibility, public or private, in, to or under the United
States Government, or any colony, province or territory
thereof; and in, to or under any foreign country or govern-
ment, or any colony, province, department, city or country
thereof; and to become surety, either solely or jointly, with
one or more securities, for the faithful performance of any
trust, office, duty or contract to be discharged or performed
in any of the countries or within any of the jurisdictions
aforesaid, and in all such cases, including those where, by law,
orders, decree, rule or regulation, one or more sureties are re-
quired on any bond, recognizance or stipulation, or for the
faithful performance of any trust, office, duty or contract, the
powers of said company shall embrace authority to execute,
either solely or jointly, with one or more other securities,
any bond, recognizance, stipulation or contract having re-
lation thereto; provided, that whenever the surety to be given
by any trustee, guardian or other person shall be under the
jurisdiction of any court of this State the approval of said
court shall first be obtained.
SEC. 8. And be it further enacted, That said company be
and it is hereby authorized and empowered to sign, make
and execute bail bonds and recognizances, and generally to
act as surety for the faithful appearance and surrender of in-
dividuals as provided by any process of law or order of
court of any State of the United States, or of the United
States Government, or of any territory or dependency there-
of, or of any branch or part of any foreign country, State or
government.
|
![clear space](../../../images/clear.gif) |