WILLIAM GRASON, ESQUIRE, GOVERNOR.

1839.

newspapers of said city, for two weeks at least, and giv-
ing the bond hereinafter prescribed, shall be permitted to
make contracts of insurance within this State, without
making the payments provided for in the first section.

CHAP. £5.

SEC. 5. And be it enacted, That before any foreign
corporation shall be permitted to make contracts of insu-
rance within this State, although they may have made the
investment herein before provided for, the agent or agents
of said corporations shall give bond to the State of Mary-
land, in the penal sum of twenty thousand dollars current
money with sureties, to be approved by any judge of this
Slate or the Mayor of the city of Baltimore, conditioned
for the continuance of the whole of said investment, du-
ring the time policies effected by citizens of this State with
the said agent or agents, may have to run, and condition-
ed for the payment of all losses for which the said corpo-

Before making

contracts, to
give bond.

ration may be liable under said policies; and each creditor
shall have a right of action on such bond in the same
manner as if a separate bond was given for each creditor;

Right of action.

and provided, that the giving such bond shall not prevent
a creditor from pursuing any remedy he may, or would
have had, if no bond had been required or given; and pro-
vided also, that such bond shall be recorded by the clerk
of Baltimore county court, and a copy under the seal of
that court shall be evidence.

Provisoes.

SEC. 6. And be it enacted, That upon any diminution
of said investment, by sale or otherwise, the permission
heretofore granted to the corporations respectively, mak-
ing said investment, shall be revoked.

CHAPTER 25.

Upon diminu-

tion of invest-

ment, revoked.

A supplement to an act, passed at December session eighteen
hundred and thirty-eight, relating to Sheriffs.

Passed Mar. 17,
1840.

WHEREAS, by an act of the General Assembly of Ma-
ryland, passed at December session eighteen hundred and
thirty-eight, chapter two hundred and seventy-five, the
clerk of each county in this Slate, shall in open court, at
the commencement of each term of the county court of
such county, administer to the Sheriff of each county of
this State, an oath mentioned in the first section of said
act; and whereas, the regular business of the term might
be obstructed by the sickness or absence of that officer: —
Therefore,

Preamble.