334

LAWS OF MARYLAND.

Company shall be required to express in writing,
at the foot thereof, their assent thereto, which ex-
pression of assent, and the payment of such fees,
charges or premiums, as may be demanded by
the proper officers of the corporation, shall consti-
tute such persons members of the said company
and as such, shall be bound by all the rules and
regulations of said Company, as contained in the
act, and in the constitution and by-laws of the
said Company; and every person or persons, or
corporation which shall be insured by this Com-
pany, shall become members thereof, as already
provided for.

Members shall
have power to
withdraw from
Company.

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 feet
as may be established by the Constitution or by-
laws of the Company, and any arrearages of as-
sessment and interest on premium notes that he
may then owe to the Company, when the said
proper officer shall cancel such insurance or in-
surances as may be in the name of the person so
withdrawing, and make a record thereof in the
books of the Company, which shall release such
member, and any real estate that he may have
insured from all liabilities, tor or on account of
any notes, due bills, or other evidences of debt to
the said Company, held by it for premiums on
such real estate, the insurance on which shall then
be cancelled, and shall debar him or her from
any claim on this corporation for any loss or
damage by fire subsequent to the time of such
withdrawal, and cancelling such insurance.

Notes or other
evidences of
debt to be a lien
on real estate.

SEC. 4. And be it enacted, That all promissary
notes of hand or other evidences of debt held by
the said Company, which shall have been given
thereto for premiums for insurance, or for any
part or parts of said premiums, shall constitute,
and be deemed a lien on any real estate which
may be insured in consideration, or in part con-
sideration of such notes or evidences of debt,
which real estate shall be held liable for the full
and just payment of such notes or evidences of
debt, either wholly or in part, at such time or
times as the President and Directors shall de-
mand, and of all legal charges that may be in-