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Session Laws, 1846
Volume 611, Page 364   View pdf image
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THOMAS G. PRATT, ESQUIRE, GOVERNOR.

1846.

in which said agent or agents may reside, in the penalty
of five thousand dollars, to render a true list of such pre-
miums to the said treasurer, and to pay him the said
sum of three dollars on every hundred dollars of said pre-
miums on the days above mentioned, which said bond it
shall be the duty of the said agent or agents, to transmit
to the said treasurer to be filed in the treasury office; and
any agent or agents offending against the provisions of
this section, shall forfeit the sum of five hundred dollars,

CHAP. 357.

for every such offence, recoverable as other fines and for-
feitures; provided, that notwithstanding such forfeiture
and payment thereof, the said agent or agents shall be
personally liable for the payment of the said sum of three
dollars on every hundred dollars of such premiums to the
treasurer aforesaid; and provided further, that the prin-

cipals of such agent or agents, and their propert shall
he also responsible fur payment of said tax, and shall
and may be proceeded against by suit, attachment or
otherwise as the case may require.

Provisoes.

SEC. 5. And be it enacted, That in case any agent or

agents as aforesaid, shall fail to give bond as required by
the fourth section of this act, or shall, after giving bond,
fail to return to the treasurer the list of premiums, or to
pay over the per centage on said premiums, as required
by the third section of this act, then the treasurer is here-
by directed, within thirty days after said license is granted,
in case of a failure to give bond, and within thirty days
after said failure to make return or to pay over said pre-
miums at the times limited, to publish the name or names
of said agent or agents so failing as aforesaid, in two
newspapers of the city of Baltimore, which publication
shall declare the license of said agent or agents to be
forfeited, and that all policies thereafter made by said
agent or agents shall be null and void; and the said pub-
lication is hereby declared to work a forfeiture of said
license, and all policies thereafter made by any such
agent or agents are hereby declared null and void; and
it is hereby expressly declared to be the intent and mean-
ing of this act that a new bond shall be given in each
and every year, in case the same agent or agents shall
shall take out a license under this act for more than a

single year.

On failure to
give bond, &c.

SEC. 6. And be it enacted, That if any person or per-
sons, body or bodies corporate or politic, acting as agent
or agents as aforesaid, shall effect insurances, or offer to
effect insurances, or receive and transmit offers for insu-
rance, or receive, or deliver policies of insurance as

Forfeiture for
not taking li-
cense.



 
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Session Laws, 1846
Volume 611, Page 364   View pdf image
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