ALBERT C. RITCHIE, GOVERNOR, 1147

SEC. 32. Publication of Abstracts of Annual Statements. The
insurance commissioner shall annually publish once a week for
three consecutive weeks in a daily newspaper published in the
City of Baltimore, an abstract of the annual statement of
each insurance company, mutual or stock, doing business in
this state, except domestic companies having their principal
office in one of the counties of this state, in which case said
publication shall be in the county where the principal office
of any such company is located. The actual cost of such pub-
lication by the commissioner shall be taxed against and col-
lected from the companies whose statements are so published
by him. Each of said companies except such mutual com-
panies as are excepted under the provisions of Section 122
shall, in addition to said publication by the commissioner,
publish said abstract of its annual statement in another paper
in Baltimore City, for three consecutive times. The com-
missioner and the company shall cause the first appearance
of the publication of the abstract of each said company prior
to the first day of April. The commissioner shall, upon the
payment of a fee of one dollar, furnish a certified copy of
such abstract so published, to any person applying therefor.

SEC. 33. Conditions Precedent to Beginning Business. No
person shall act as agent or solicitor in this state for any
insurance company in any manner whatever relating to in-
surance risks, until all the provisions of this article relating
thereto have been complied with, and there has been granted
by the insurance commissioner a certificate of authority or
license to said company Ail such licenses shall be issued
annually on the first day of January, for the period of one
year, upon the payment of the license fee hereinafter specified.
All licenses issued for a period less than a yea1 , except in the
case of domestic companies embraced within the provisions of
Section 38, shall pay pro rata for such fractional part of the
year.

SEC. 34. License Fees of Foreign Life Companies. Every
foreign company doing a life insurance business in tl is state
shall pay an annual license fee of three hundred dollars.

SEC. 35. License Fees of Foreign Fire and Miscellaneous
Companies. Every foreign company doing a fire, marine or in-
land insurance business in this state, and every fidelity, surety,
casualty, liability or compensation company organized under
the laws of any foreign country, shall pay an annual license