THEODORE R. MCKELDIN, GOVERNOR 1679

have been, previous to delivery, signed or countersigned by an
officer or agent, resident in this State, authorized by law to
sign such policy or contract or, by any person, resident in this
State, authorized by a general or per policy power of attorney
from such officer or agent to sign or countersign such policy
or contract; provided, however, that policies issued to railway
corporations insuring the rolling stock and other movable prop-
erty of said road, and those insuring the liability of such rail-
roads as common carriers, shall be subject to the requirement
that they shall be signed by the resident agent in cases only
where more than one-half the trackage of the roads operated
by such railway companies is situate in the State of Maryland.
Every company or person, resident or non-resident, engaged
in business in this State, shall pay to its legally licensed agent
in the State of Maryland, for signing or countersigning any
policy, certificate or other evidence of liability, or by power
of attorney permitting the signing or countersigning of the
same, assumed by said company or person, the same rate and
amount of commissions as if such policy, certificate or other
evidence of liability had been issued through such agent resid-
ing in the State of Maryland; and no agent shall sign or coun-
tersign any policy, certificate or other evidence of liability,
or by power of attorney permit the signing or countersigning
of the same, upon any property situated in this State, for an
amount less than the commission allowed on any policy, cer-
tificate or other evidence of liability issued through an agent
residing in this State. The premiums on all policies so signed
or countersigned shall be included in the report of gross
premiums required to be made to the insurance commissioner
by all companies not organized under the laws of this State.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1951.

Approved April 27, 1951.

CHAPTER 558
(House Bill 211)

AN ACT to repeal and re-enact, with amendments, Sections 62,
66, 76, 88, 105, 327, 417, 812 and 822 of the Code of Public
Local Laws of Montgomery County (1947 Edition), being

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EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.