430
|
LAWS OF MARYLAND.
|
 
|
CHAPTER 258.
|
 
|
AN ACT to repeal and re-enact with amendments
|
 
|
section ten of an act to incorporate the Mutual
|
 
|
Fire Insurance Company of Somerset and Wor-
|
 
|
cester counties, passed March thirteenth, eighteen
|
 
|
hundred and sixty-seven.
|
 
|
SECTION 1. Be it enacted by the General Assembly of
|
 
|
Maryland, That section ten of the act entitled an act
|
Repealed and
re-enacted.
|
to incorporate the Mutual Fire Insurance Company
|
 
|
of Somerset and Worcester counties, passed March
|
 
|
thirteenth, eighteen hundred and sixty-seven be, and
|
 
|
the same is hereby repealed, and re-enacted to read
|
 
|
as follows :
|
 
|
10. And be it enacted, That in all cases in which
|
Entered up in
|
property may be insured under this act, and when
|
docket.
|
the party or parties insuring may have real estate,
|
 
|
the premium note or notes which may be executed
|
 
|
by the person or persons insuring, shall, if the presi-
|
 
|
dent and directors of said company deem it expedi-
|
 
|
ent to require the same to be secured by judgment,
|
 
|
entered up in a docket kept for that purpose in the
|
 
|
office of the Clerk of the Circuit Court for the county
|
 
|
in which said property insured may be, which said
|
 
|
party or parlies insuring shall either appear in per-
|
 
|
son, or shall direct the clerk by an instrument of
|
 
|
writing, signed by the said party or parties, and at-
|
 
|
tested by one witness to enter up judgment for the
|
 
|
amount of his, her or their premium note, and which
|
 
|
judgment shall be a lien on the real estate of the
|
 
|
party or parties so insuring for entering up," of
|
 
|
which judgment the Clerk of the Circuit Court,
|
 
|
where such judgment may be entered, shall receive
|
Fee.
|
twenty-five cents and no more, and in case losses
|
 
|
shall be incurred by said company, as soon as the
|
 
|
loss or losses shall be ascertained in the manner here-
|
 
|
inafter provided, and the proportion of loss to be
|
 
|
paid by each member ascertained, in case such
|
 
|
member or members shall fail, refuse or neglect to
|
 
|
pay his, her or their proportion of loss within sixty
|
 
|
days from the notification thereof, it shall be lawful
|
Issue execu-
|
for said company to issue an execution against the
|
tion.
|
real estate bound by such judgment for the amount
|