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Session Laws, 1856
Volume 623, Page 39   View pdf image
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T. WATKINS LIGON, ESQUIRE, GOVERNOR.

39

tickets or parts of tickets or certificates therefor in
the Maryland Consolidated Lotteries.

SEC. 5. And be it enacted, That this act shall
take effect from and after the first day of April,
eighteen hundred and fifty-six.

CHAPTER 29.

When to take
effect.

AN ACT to amend an act entitled, an act to incor-
porate the Mutual Insurance Company of Freder-
ick county, passed at December session, eighteen
hundred and forty-three, chapter one hundred and
ninety-nine.

Passed Feb.
27, 1856.

SECTION 1. Be it enacted by the General As-
sembly of Maryland, That in case any person or
persons or corporate bodies shall acquire real estate,
covered by policies issued by the Mutual Insurance
Company of Frederick county, by gift, purchase, de-
scent, devise or in any other mode, and such policy
shall be transferred or assigned to such donee, vendee,
heirs at law, devisee or alienee, by the person hold-
ing such policy, such donee, vendee, heirs at law,
devisee or alienee, shall be entitled to all the benefits

Entitled to
benefits.

of such policy; Provided, The judgment confessed
by the original insurer remain uncancelled and a
lien upon said property so insured; and provided,
That the fund of earned premiums standing to the
credit of the party holding the policy shall also be
transferred.

Provisos.

SEC. 2. And be it enacted, That in the event of
the death of any person whose property may be in-
sured by the said Mutual Insurance Company of
Frederick county, the widow and children or heirs at
law of said insurer shall be entitled to the benefit of

Heirs entitled.

the policy in proportion to their respective interests
in the property covered by the policy, Provided, the
judgment confessed, remains uncancelled, and pro-
vided, the annual interest thereon be paid by said
widow, children or heirs at law, and provided, the
earned premiums remain or be transferred.

Provisos.



 
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Session Laws, 1856
Volume 623, Page 39   View pdf image
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