1843.

FRANCIS THOMAS, ESQUIRE, GOVERNOR.

CHAP. 361

Alterations
made in buil-
ding after in-
surance by
which greater
risk is run, vi-
olates policy.

Sec. 12. And be it enacted, That if any alteration
should be made in any house or building by the proprie-
tors thereof after insurance has been made thereon with
said company, whereby it may be exposed to greater risk
or hazard from fire than it was at the time •when it was in-
sured, then, and in every such case, the insurance made
upon such house or building shall be void, unless an addi-
tional premium and deposite, after such alteration, be set-
tled with and paid to the directors or their agents; but no
alteration or repairs or buildings, not increasing such risk
or hazard shall in any wise affect insurance previously made
thereon.

Buildings si-
tuated upon
leased proper-
ty, &c.

Sec. 13. And be it enacted, That in case any buildings
situated upon leased land and insured by said company be
destroyed by fire, in such case the directors may retain
the amount of the premium note given for insurance thereof
until the time for which insurance was made shall have ex-
pired; and at the expiration thereof, the assured shall have
the right to demand and receive such part of said retained
Bum or sums as has not been expended in losses and assess-
ments.

It insurance
on building be
in this and
other compa-
ny it must be
by consent.

SEC. 14. And be it enacted, That if insurance on
any house or building shall be and subsist in said com-
pany, and in any other office, or from and by any other
person or persons at the same time, the insurance made in
and by said company shall be deemed and become void
unless such double insurance subsist with the consent of
the directors or agents, signified by endorsement on the
back of the policy, signed by the president and secretary.

Any two may
call first meet-

Sec. 15. And be it envctcd, That Daniel Engel, Philip
Sneader and D. W. Nail, named in the first section of this
act, or either two of them, may call the first meeting of
the members of said company, at any suitable time or
place in Carroll county aforesaid, by advertisement in
either of the newspapers printed in said county; giving at
least twenty days notice of the time, place and design of
said meeting for the purpose of choosing the first board of
directors of making and establishing by-laws and of trans-

Proviso.

acting any business necessaty and proper to carry into effect
the intentions of this act; provided, that no policy shall be
issued by said company until application shall be made for
insurance of fifty thousand dollars at least.

Directors to
give bond.

Sec. 16. And be it enacted, That each and every of
the directors of said company shall before he enters upon
the duties of his office give bond to the State of Maryland
in the sum of five thousand dollars, with good and sufficient
surety or sureties, said bonds to be approved by the clerk
of Carroll county court, and filed and recorded in the office
of the clerk for Carroll county, conditioned for the faithful