790 LAWS OF MARYLAND. [CH. 268

and obligations of the Standard Benefit Society, Incorporated,
be assumed by The National Benefit Life Insurance Company;
and, to that end all notices, meetings, consolidation agreement
and other steps necessary, under the Laws of the State of Mary-
land and the Statutes of the United States, relating to the
merger of such insurance companies, incorporated respectively
under the Laws of the State of Maryland and the Statutes
of the United States, were duly taken and made; and the pro-
posed Articles of consolidation agreement or merger were duly
approved by the Insurance Commissioner for the District of
Columbia, and was lodged with the Insurance Commissioner
for the State of Maryland, but were not approved by the In-
surance Commissioner for the State of Maryland, who was ad-
vised by the Attorney General of the State of Maryland, in
effect, that the said Section 48 of Article 48A of the Public
General Laws of the State of Maryland, as enacted by Chapter
492 of the Acts of 1922, while affirmatively authorizing the
merger of resident with non-resident health, accident and other
insurance companies, contained no provision that clearly
authorized the merger of such companies also doing a life in-
surance business: and that there is no objection from any
known source to the consolidation and merger of the two said
Corporations as heretofore proposed according to their Articles
of Consolidation Agreement dated the 30th day November,
1923, and submitted to and filed with the Insurance Commis-
sioner of Maryland, except the supposed absence of authority
therefor under Section 48 of Article 48A of the Public General
Laws of Maryland, as enacted by Chapter 492, Acts of 1922; the
said consolidation otherwise in the opinion of the Attorney Gen-
eral and the Insurance Commissioner of Maryland being
proper and advantageous; now, therefore.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Standard Benefit Society, Incorporated, a body
corporate of the State of Maryland, and The National Benefit
Life Insurance Company, a body corporate of the District of
Columbia, be permitted to consolidate and merge as one Com-
pany upon compliance with the provisions of Section 48 of
Article 48A, of the Code of Public General Laws of Maryland,
and that the consolidation and merger of the said Standard
Benefit Society, Incorporated, a body corporate organized un-
der the Laws of the State of Maryland, and the said. The
National Benefit Life Insurance Company, a body corporate,
organized in the District of Columbia under the Statutes of
the United States, undertaken on or about the 30th day of No-