1008 LAWS OF MARYLAND [CH. 536

shall, before being entitled to transact any business of
insurance, and after having had such securities approved
by the Insurance Commissioner, transfer and assign to
and deposit with the Treasurer of the State of Maryland, in
trust, as security for the holders of policies or other obli-
gations of said companies, bonds, coin, or treasury notes
of the United States of America, or investments or securi-
ties mentioned and authorized by Section 20, having a
market value of not less than fifty thousand dollars; and
such companies] falling within the class referred to [and
authorized by] in Section 191, and not by law otherwise
provided for, shall deposit with the Treasurer of the State
of Maryland, in trust [as aforesaid] as security for the
holders of policies or other obligations of said companies,
bonds, coin or treasury notes, or investments or securities
[as above] mentioned and authorized by Section 20, having
a market value of not less than Ten Thousand Dollars
($10, 000), nor more than One Hundred Thousand Dollars
($100, 000).

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1953.

Approved April 11, 1953.

CHAPTER 536
(House Bill 668)

AN ACT to repeal and re-enact, with amendments, Section
48 of Article 26 of the Annotated Code of Maryland (1951
Edition), title "Courts", sub-title "Salaries of Judges, "
relating to salaries of Judges of the Court of Appeals of
Maryland, the Circuit Court of the several counties and
the Supreme Bench of Baltimore City; and to authorize
and direct the levy of a tax or increase in the general tax
by the several counties in order partially to provide for
said salaries.

WHEREAS, The Commission on the Judiciary appointed at
the request of the General Assembly is of the opinion that

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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.