PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 1537

CHAPTER 813.

AN ACT to amend and re-enact Sections 175 and 176 of Article
23 of the Code of 1904 of Public General Laws of Maryland,
entitled "Corporations," sub-title "Insurance Department,"
relating to insurance and insurance companies and authorizing
the formation of certain classes of insurance companies on the
mutual, co-operative, assessment or stock plan, and defining
the rights, obligations and limitations of the same.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Sections 175 and 176 of Article 23 of the Code of
1904 of Public General Laws of Maryland, entitled "Corpora-
tions," sub-title "Insurance Department," be, and the same are
hereby repealed and re-enacted, with amendments, so as to read
as follows:

175. Any person, body politic or corporate, partnership or
association, who or which shall make, negotiate or solicit within
this State any contract of insurance, including the guaranty or
insurance of the titles to real or personal property, or shall
effect an insurance or insurances, or pretend to effect an in-
surance or insurances, or connect any other person or persons
with them in any policy they may at the time hold, or shall do
any business of insurance of any kind, or make any guaranty,
contract or pledge for the payment of annuities or endowments
or money, whether the amount thereof be fixed or contingent,
to the families or representatives of any policy or certificate
holder, or the like, or shall advertise or circulate any card, cir-
cular, notice, or open or keep any office for the transaction of '
said business, except an insurance broker, duly licensed, with-
out fully complying with all the provisions of this sub-title of
this Article, shall be subject to the fines and penalties imposed
by Section 188 of this Article; and the term "Insurance Com-
pany" as used in this Article, shall be taken to embrace every
corporation, association, partnership or individual engaging in
any such business; and every such corporation, association, part-
nership or individual making any engagement for the payment
of money or other benefits in the event of sickness, accident
or death, or other contingency, either to the member, policy
or certificate holder, or by whatsoever name the same may be
known, or to their families or representatives, or entering into
any contract or agreement in which the chances or probabilities
of the duration of life, or the rate of mortality or hazard of oc-
cupation are in any way involved as an element or condition