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Proceedings and Documents of the House, 1858
Volume 665, Page 299   View pdf image
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1858.] OP THE HOUSE OF DELEGATES. 299

association of individuals, may be incorporated for such pur-
poses by the laws of any State, district or territory of the
United States, or by the laws of any foreign kingdom, State
or nation, without first obtaining a license therefor in the
manner hereinafter prescribed.

Sec. 2. And be it enacted, That a license for the purpose
of affecting insurance, or receiving or transmitting offers for
insurance, or receiving or delivering policies of insurance, as
expressed in the preceding section, shall be granted by the
Comptroller of the State, to any person or persons, body or
bodies corporate or politic, who shall apply therefor, and pay
to the said Comptroller the sum of three hundred dollars for
the use of this State, which license shall authorise the person
or persons, body or bodies corporate or politic, to whom the
same shall be granted, to effect insurances, or to receive and
transmit offers for insurance, or to receive and deliver poli-
cies of insurance as aforesaid, from the day of its date, for the
period of twelve months thereafter, and no longer.

Sec. 3. And be it enacted, That if any person or persons,
body or bodies, corporate or politic, acting as agent or agents,
as aforesaid, shall effect an insurance or insurances, or offer
to effect an insurance or insurances, or receive and transmit
an offer or offers for insurance, or receive or deliver a policy
or policies of insurance, as aforesaid, or advertise or circulate
any card, circular or notice, or open or keep any office for the
transaction of said business, without a license first had and
obtained, as hereinbefore provided, he, she or they shall for-
feit and pay for each offence, the sum of five hundred dollars,
one half to the use of the informer, who shall be a competent
witness, the other half to be paid to the clerk of the Circuit
Court for the county, or to the clerk of the Criminal Court of
the city of Baltimore, as the case may be, for the use of this
State, to be recovered in the name of the State of Maryland,
by action of debt or indictment in the Circuit Court for the
county, or in the Criminal Court for Baltimore city, where
such offence shall have been committed, and to be accounted
for and paid into the Treasury by the clerk receiving the
same, at the period limited for accounting for and paying
moneys received for license.

Sec. 4. And be it enacted, That the Comptroller shall
annually publish in at least two newspapers, one of which
shall be in the city of Baltimore, the names of such agent or
agents so taking out licenses under this act, with the names
of the companies they represent.

Sec. 5. And be it enacted, That nothing in this act con-
tained, shall authorise any agent or agents to act as such for
more than one foreign corporation, individual or association
of individuals, by virtue of one license.

 

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Proceedings and Documents of the House, 1858
Volume 665, Page 299   View pdf image
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