76

SAMUEL STEVENS, Jr.. ESQUIRE, GOVERNOR.

Dec. Ses. 1824

Investments
authorized.

or private estate, shall be answerable for any loss or change to a
greater extent than is heroin provided.
8. And be it enacted, That the directors shall have full power
to invest the deposits of the members, and other funds of the
company, from time to time in the public debt of the United States,
or in loans to members of the company or notes well secured, or in
such other manner (not contrary to law) as to them shall appear
most advantageous in promoting the objects of this corporation.

Limit of in-
surance.
Policies sign-
ed, &c.
Losses paid.
Default—for-
feit.

Provisoes.

9. And be it enacted, That any insurances made by this compa-
ny shall not be for a term exceeding seven years, nor any house,
building, goods, chattels or effects, for a greater amount than two
thirds the value thereof, and all policies issued by this company
shall be signed by the president, and at least one director, and seal-
ed with the common seal of the company; and all losses on such
policy or policies shall be adjusted by a majority of the board of
directors, and paid out of the surplus funds of the company, or
the interest accruing therefrom, or by contributions from each
member in proposition to his, her or their deposits, under die res-
trictions of the seventh section of this act; and in default of a com-
pliance with the demand of the board of directors (to make good'
such loss or losses,) by any member, for such further sum as may
be his, her or their proportion thereof, his her or their policy or
policies shall become null and void, and his, her or their interest
in the remaining funds shall be forfeited; Provided, that at least
thirty days notice shall be given previous to such demand; and
provided also, that such avoidance of the policy shall not be constru-
ed to exempt the party from his, her or their liability to make
the further contribution, provided for in the seventh section of
this act.

Passed Feb.
7, 1825.

Preamble.

CHAPTER 91.

An act to revive an act for the benefit of Anne Rochester and Francis Ro-
chester.
Whereas, from various unforseen causes, the time when the
acts authorised to be done in the original law to which this is a
supplement, has transpired without any thing being thereon acted,
and it appearing to this legislature that no injury or wrong can be
done to any by an extension of such time, but on the contrary
much good; Therefore,

Act revived.

lie it enacted by the General Assembly of Maryland, That the
act entitled, An act for the benefit of Anne Rochester and Francis
Rochester, passed December session, eighteen hundred and twenty
three, be, and the same is hereby revived and continued and de-

Proviso.

clared to have the same force and operation in law, as if the same
had not expired; Provided nevertheless, that the lands intended to
be conveyed by the said Wimbert Tschudy to the said Anne Ro-
chester and Francis Rochester, and which may hereafter be con-
veyed, shall be at the time of such conveyance free from all incum-
brance whatsoever.

Passed Feb.
4, 1825.
Commission-
ers to open
books.

CHAPTER 92.

An act incorporating a company to make a turnpike road from the city of
Frederick to Harper's Ferry.
Sec. 1. Be it enacted by the General Assembly of Maryland,
That it shall be lawful for William Lorman, Robert Oliver, Isaac