EMERSON C. HARRINGTON, GOVERNOR. 1235

ploye while on duty, neither the injured employe nor any
dependent of such employe shall receive compensation under
this Act.

The liability prescribed by the last preceding paragraph
shall be exclusive, except that if an employer fail to secure the
payment of compensation for his injured employes and their
dependents as provided in this Act, an injured employe or his
legal representative in case death results from the injury,
may, at his option, elect to claim compensation under this
Act, or to maintain an action in the Courts for damages on
account of such injury; and in such an action the defendant
may not plead as a defense that the injury was caused by the
negligence of a fellow servant or that the employe assumed
the risk of his employment, or that the injury was due to the
contributory negligence of the employe. If an employer, be-
sides employing workmen in extra-hazardous employment
within the meaning of this Act, shall also employ workmen
in employments not extra-hazardous, the provisions of this Act
shall apply only to the extra-hazardous employments within
the meaning of this Act and the workmen employed therein,
except as provided in Section-33 of this Act.

Section 15. The employer shall secure compensation to his
employes in one of the following ways:

(1) By insuring and keeping insured the payments of such
compensation in the State Accident Fund, or

(2) By insuring and keeping insured the payments of such
compensation with any stock corporation or mutual associa-
tion authorized to transact the business of Workmen's Com-
pensation Insurance in this State.

(3) Any such employer who does not with the approval of
said Commission voluntarily insure the payment of the com-
pensation by one of the methods designated in the preceding
paragraphs of this section, must furnish satisfactory proof to
the Commission of his financial ability to pay such compensa-
tion himself, in which case the Commission may, at any time
and from time to time in its discretion, require the deposit
with the Commission of securities, such as are accepted by the
Equity Courts of Baltimore City for 'the investment of trust
funds and in an amount or amounts to be determined by the
Commission, to secure the liability of the employer to pay the
compensation specified in this Act; and in order to be in-
formed as to the continued financial responsibility of any such
employer the Commission may require reports from him an-