1846.

LAWS OF MARYLAND.

CHAP. 283.

premium annually paid shall exceed three hundred dol-
lars; and in case of the death of the wife, before the
decease of her husband, the amount of the insurance
may be made payable, after her death, to her children,
for their use, and to their guardian, if under age.

Books open to
members.

SEC. 15. And be it enacted, That the book of said
company shall be open to the examination of any mem-
ber thereof, during the usual hours of business.

To officers and

agents.

SEC. 16. And be it enacted, That the affairs of said
company shall, at all times, be open to the inspection of
such officers or agents of the State, as may be selected
for that purpose by either branch of the Legislature.

Amount of
policies.

SEC. 17. And be it enacted, That no policy shall be
issued by said company until the applications for insu-
rance shall amount to two hundred thousand dollars, and
that the trustees shall have the right to purchase, for the
benefit of the company, all policies of insurance or other
obligations issued by the company.

Issues forbid.

SEC. 18. And be it enacted, That this corporation is
prohibited from issuing any note, certificate, scrip, de-
vice or evidence of debt, to he used as currency.

Right reser-
ved.

SEC. 19. And be it enacted, That this act shall enure
for twenty years from its passage; and that the Legisla-
ture reserves the right to alter or annul this act of incor-
poration at pleasure.

CHAPTER 283.

Passed March
10, 1847.

An act to vest in Amos A. Williams, his Heirs, Execu-
tors, Administrators and Assigns, certain property
therein mentioned.

Preamble.

WHEREAS, Amos A. Williams, of the city of Balti-
more, did, on or about the tenth of April, eighteen hun-
dred and forty-three, apply for and obtain the benefit of
the insolvent laws of the State of Maryland; and whereas,
the High Court of Chancery of this State, on the appli-
cation of said Williams, made subsequently to his appli-
cation for the benefit of said insolvent laws, and to his
discharge thereunder, and on its appearing to said court,
that all the debts scheduled by said Williams, at the time
of his application for the benefit of said laws, were paid
by him, ordered and directed the trustees appointed for
the benefit of the creditors of said Williams, under his
faid application to reconvey to him the property conveyed