ALBERT C. RITCHIE, GOVERNOR. 1247

person who paid the contributions, shall have any vested right
in such new certificate, the free nomination of a beneficiary
under the new certificates being left to the child so admitted to
benefit membership. An entirely separate financial statement
of the business transactions and of assets and liabilities arising
therefrom shall be made in its annual report to the insurance
commissioners by any society availing itself of the provisions
hereof. The reparation of assets, funds and liabilities required
hereby shall not be terminated, rescinded or modified, nor shall
the funds be diverted for any other use other than as herein spec-
ified as long as any certificates issued hereunder remain in force,
and this requirement shall be recognized and enforced in any
liquidation, re-insurance, merger or other change in the condi-
tion or status of the society.

No fraternal association and/or society shall be permitted to
continue business in this State after June 1st, 1927, whose last
examination or annual report shows that it is less than ninety
percent. (90%) solvent.

SEC. 2. And be it further enacted, That all Acts and parts
of Acts inconsistent herewith are hereby repealed.

Approved April 26, 1927.

CHAPTER 615.

AN ACT to provide for improving, reconstruction and remod-
eling the County Jail at Chestertown in Kent County and to
authorize the County Commissioners of Kent County to issue
bonds to pay for the same and to levy an annual sum to pay
said bonds and interest thereon as they mature and to ex-
pend the proceeds thereof for improving, reconstructing and
remodeling the said county jail, and providing for a referen-
dum thereon,

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Kent County are here-
by authorized and directed to borrow on the credit of said
County, an amount not exceeding Twenty-five Thousand Dol-
lars and to issue coupon bonds therefor in sums of not less
than Five Hundred Dollars to be signed by the President of the
said Board of County Commissioners and countersigned by
the Clerk thereof and under the Corporate Seal of said Com-
missioners bearing interest at a rate not exceeding five per
centum per annum payable semi-annually on the first day of