T. WATKINS LIGON, ESQUIRE, GOVERNOR.

501

the board of directors, not less than seven per cen-
tum on the amount insured according to the greater
or less hazard of insurance; the note to be executed
to the Mutual Insurance Company of Charles coun-
ty, and to bear interest from date, the interest thereof
to be paid annually in advance, at the rate of six per
centum per annum.

SEC. 6. And be it enacted, That the clerk of
the county wherein the properly insured may be sit-
uated, shall be furnished will, a docket by the Mutu-
al Insurance Company, in which docket at the re-
quest of the president of said company, shall be
entered a judgment by the person or persons or body
corporate, to the Mutual Insurance Company of
Charles county, for the amount of his, her or their
premium note without a declaration being filed, ap-
pearance for the plaintiff being entered or writ is-
sued against the party insuring, which said party
insuring shall either appear in person, or shall direct
the clerk by an instrument in writing signed by said
party and attested by one witness to enter up judg-
ment for the amount of his premium note, which
judgment shall be a lien upon his, her or their real es-
tate, and for said service the clerk shall receive the
sum of ten cents to be paid by the insured; or notes
shall be taken with security approved by the presi-
dent.

Clerk to be fur-
nished with a
docket.

SEC. 7. And be it enacted, That in case the party
insured shall fail to pay his, her or their interest in
advance, sixty days after the same shall be due, or
shall fail to pay any assessment which may be made
upon his premium note as hereinafter provided, it
shall be lawful for the said company to issue an ex-
ecution against the real estate bound by such judg-
ment for the amount, which amount shall be endorsed
by the clerk under the order of the president or sec-
retary, upon the back of said execution, and the party
insured until such interest or assessment be paid, shall
forfeit all benefit under his, her or their policy.

Payment—
how enforced.

SEC. 8. And be it enacted, That no policy upon
houses, manufactories, mills, stores, shops, barns and
other buildings, shall be issued for a term less than
one year, nor to a greater amount than two-thirds of
the value thereof, and no policy shall be issued upon
merchandise, household furniture or other personal
property, for a term less than one year, nor to a grea-
ter amount than two thirds of the value thereof; and
in cases of insurances of personal property, where

Policies of in-
surance.