1839.

LAWS OF MARYLAND.

CHAP. 24.

such individuals or association of individuals or compa-
nies may be incorporated for those purposes by the laws
of any other State, shall pay to the treasurer of the Wes-
tern Shore of Maryland, yearly and every year, the sum
of two dollars per centum, upon the amount of all premi-
ums received by such agent or agents or any other person
or persons for him or them, or which shall have been agreed
to be paid for any insurance effected or agreed to be ef-
fected or procured by him or them as agent or agents as

To furnish list
of premiums.

aforesaid; and such agent or agents shall annually on the
first Monday in January, furnish on his or their affidavit or
affirmation, a true list and account of all such premiums,
to the treasurer of the Western Shore aforesaid, and shall at
the same time pay over to the said treasurer the said sum
of two dollars on every hundred dollars of such premium.

Bond to be

given.

SEC. 2. And be it enacted, That before any agent or
agents as aforesaid shall act as such in this State, he shall
give bond with sureties to be approved by the treasurer
aforesaid in the penally of five thousand dollars, to render
a true list of such premiums to said treasurer, and to pay
to him the said sum of two dollars on every hundred dol-
lars of said premiums on the day above mentioned; and

For offending.

any agent or agents offending against the provisions of
this section, shall forfeit the sum of five hundred dollars
for every such offence, recoverable as other fines and for-

Provisoes.

feitures; provided, that notwithstanding such forfeiture and
the payment thereof, the said agent or agents shall be per-
sonally liable for payment of the said sum of two dollars
on every hundred dollars of such premiums to the treasu-
rer aforesaid; and provided further, that the principals of
such agent or agents and their property shall be also re-
sponsible for payment of said tax, and shall and may be
proceeded against by suit, attachment or otherwise, as the
case may require.

Foreign corpo-
rations defined.

Sec. 3. And be it enacted, That foreign corporations
within the contemplation of this act, be and they are hereby
defined to be such corporations as do not derive their char-
ters from this State, but from some other one of the Uni-
ted States of America or of a district or territory thereof.

To make con-

tracts, &c.

SEC. 4. And be it enacted, That any foreign corpo-
rations as aforesaid, who may invest to the amount of se-
venty-five thousand dollars of their capital, in any of the

ing the same investment duly certified by the commission-
er of loans of this State, or by the register of said city,
and having the said certificate published in all the daily