1852.

LAWS OF MARYLAND.

CHAP. 137.

kins, Charles Hodges, Thomas S. Iglehart, Thomas
Welch, Doctor Thomas Owens, William Hopkins,
Richard S. Mercer, George Gale, Doctor Estep
Hall, John W. Chew, Thomas J. Richardson, Bush-
rod W. Marriott, Rinaldo Pindell, Benjamin Welch,
Sprigg Harwood, Charles Steele, Charles Stewart, Doc-
tor Benjamin L. Bird, Richard G. Chancy, and their
successors, and all other persons who may hereafter be-
come members of the corporation, to be created by this
act, are hereby created and declared to be a body politic
and corporate, by the name, style and title of the Mu-
tual Fire Insurance company, in Anne Arundel county,
and by the same name shall have succession, and shall
be able to sue and be sued, implead and be impleaded,
answer and defend, and be answered and defended
in all courts of law and equity in this State or elsewhere,
to have, make and use a common seal, and the same to
break, alter and renew at their pleasure, and shall have
full power and authority to make insurances on any
kind of property against loss and damage by fire; to
provide for the keeping and investment of any funds or
assets that may become the property of the company,
and generally to transact, execute and perform all such
business as may appertain to a Fire Insurance company,
not being contrary to this act, or the constitution and

Proviso.

laws of this State or of the United States; Provided,
however, that nothing in this act shall be construed to
grant banking privileges to the said company, or the
right to issue any note of the nature of a bank note.

Duty of sec-
retary.

SEC. 2. And be it enacted, That it shall be the duty

of the secretary of the said company to keep a book
containing a copy of this act, and of such constitution
and bye-laws of the said company as may be establish-
ed, and that all persons who may wish to become mem-
bers of the said company, shall be required to express
in writing at the foot thereof their assent thereto, which
expression of assent, and the payment of such fees,
charges or premiums as may be demanded by the pro-
per officers of the corporation, shall constitute such per-
sons members of the said company, and as such shall be
bound by all the rules and regulations of said company,
as contained in this act, and in the constitution and
bye-laws of the said company, and every person or
persona or corporation which shall be insured by this
company shall become members thereof as already
provided for.

Withdrawal
provided for.

SEC. 3. And be it enacted, That any member of
the said company shall have full power to withdraw
therefrom at any time, by applying to the proper officer
thereof, and paying such fees as may be reasonably de-