E. LOUIS LOWE, ESQUIRE, GOVERNOR.

1852.

lowed not exceeding two dollars per day; and the sur-
veyor, if one be employed, not exceeding four dollars
per day; and other hands not exceeding one dollar per
day.

CHAP. 145.

SEC. 7. And be it enacted, That this act shall
take effect from the date of its passage.

CHAPTER 145.

In force.

AN ACT to amend an Act entitled, an Act to In-
corporate the Mutual Insurance Company of Fre-
derick County , passed at December Session, eigh-
teen hundred and forty-three, chapter one hundred
and ninety nine.

Passed April
14, 1852.

SECTION 1. Be it enacted by the General Assembly

of Maryland, That on the first Monday of May,
eighteen hundred and fifty-two, or as soon thereafter
us the surplus profits of the Mutual Insurance Com-
pany of Frederick county, shall amount to the sum of
twenty-five thousand dollars, all persons and corpora-
tions holding policies of insurance, and being insured
by said company, shall be emitted to and receive a
credit of one half of their notes, secured by judgments;
their premium notes secured by personal security, and
a return of one half of cash advanced as premium,
which credit on the judgments, and notes secured by
personal security, shall be entered by the secretary as
soon as the reduction shall be made, under the provi-
sions of this act; and one half of cash advanced as
premium, shall, at the same time, be returned to the
person or persons, who may have paid cash as premium
in advance.

Reduction of
premiums.

SEC. 2. And be it enacted, That all premium notes
secured by judgments, shall be liens on the property
insured, during the continuance of the policy insuring
the same, and that it shall not be necessary to revive such
judgment by scire facias, during the period the property
bound thereby shall be insured.

Premium
notes liens off
property in-
sured.

SEC. 3. And be it enacted, That the said Mutual
Insurance company, annually, as the hoard of directors
by law may prescribe, shall divide the net profits, or so
much thereof as the said board shall direct, among the
members, rateably, in proportion to their respective

Division of
net profits.

amount of premium and credits; Provided, that no

Provisoes.