its policies issued on the lives of persons under the age of ten years, in accordance with the general legal rules for the valua tion of life insurance policies based on the mortality table known as Farr's No. 3, for males; provided, that in no case the valuation for the said policies on the lives of persons: under ten years of age shall be less than eight-tenths of the weekly gross or office premiums thereon, with no credit deferred. net premiums.

1898, ch. 308, sec. 141A.

192. Any insurance company organized and incorporated on the mutual plan, under the laws of this State and other States: for the purpose of insuring against loss or damage resulting from burglary or robbery or attempt thereat and securing against the loss of money or securities in course of transportation when shipped by registered mail, shall be authorized, admitted and licensed to do business in this State, as provided in the two succeeding sections.

Ibid. sec. 141B.

193. Before any such company shall be authorized to transact business in this State, it shall have in force one thousand or more policies on which the premium shall have been paid in cash or shall have been evidenced by written contracts on which not less than one-fifth of the amount shall have been paid in cash, and the cash contracts for premiums shall amount in the aggregate to the sum of not less than one hundred thousand dollars. The premium contract shall constitute a part of the assets of the company.

Ibid. sec. 141c.

194. Policy holders of any company organized and admitted to transact business in this State under the two preceding sec tions shall be held liable to pay the membership fee and premium on their insurance as paid or contracted to be paid at the time the policy is taken out, and shall not be held for any other or further assessments or claims on the part of the company or its policy holders. The membership fee and premium agreed upon may be collected in cash at the time the policy is

issued, or be evidenced by a written obligation of the policy holder. Such payment or obligation shall be the limit of the liability of the policy holder to the company for premium on the insurance.

1888, art. 23, sec. 142. 1884, ch. 500.

195. No company, association, partnership or corporation of this State, or any other State or nation, granting insurance on the lives of persons under ten years of age, shall be authorized to do business in the State of Maryland, unless it complies with the provisions of this article.

1894, ch. 662, sec. 142A.

196. Whenever the application for a policy of life insurance contains a clause of warranty of the truth of the answers therein contained, no misrepresentation or untrue statement in such application, made in good faith by the applicant, shall effect a forfeiture or be a ground of defense in any suit brought upon any policy of insurance issued upon the faith of such application, unless such misrepresentation or untrue statement relate to some matter material to the risk.

Maryland Casualty Co. v. Gehrnand, 96 Md. 647, 651.

1894, ch. 266, sec. 142B.

197. Whenever it shall be made to appear that a wrong age has been given in good faith in any application for a policy of life insurance the company shall not be required to pay the face value of the policy, but such sum as the premium paid would have purchased at the applicant's real age at the time of effecting the insurance. This and the preceding section shall not affect the rights of parties to actions or suits pending on April 6, 1894.

1892, ch. 537. 1894, ch. 473, sec. 143.1

198. Every insurance company doing business in any of the counties of this State shall, during the month of April of each and every year, publish in at least one newspaper published in each of said counties, for three consecutive weeks, an abstract

'Should have been called 142c.

of the annual statement as required by this article; provided that such publication shall not be required of mutual insurance companies formed under any general or special law of this State which annually send a full and detailed statement of the affairs and business of said companies to all of their respective policy holders and to the State Insurance Commissioner.

1908, ch. 396.

198A. No life insurance company authorized to transact business in this State shall hereafter issue to or upon the life of any resident of this State any policy participating in the profits or surplus, under which the accounting, apportionment and distribution of surplus to the policy holder shall be delayed for a longer period than five years from the date at which the insurance first went into effect, or from any preceding accounting, apportionment or distribution of surplus.

198B. No life insurance company is incorporated under the laws of Maryland, or incorporated elsewhere and doing business in said State, shall be permitted to enter into any agreement with any policy holder or applicant for insurance, intended as a waiver of any of the provisions of this Act, and it shall be the duty of the Insurance Commissioner to revoke the authority of any such corporation to transact business in this State, for failure to comply with any of the requirements of this Act.

198c. Neither of the two foregoing sections shall apply to policies written on underaverage risks, but such underaverage insurance may be written upon such terms as the parties may agree upon, and the surplus may be apportioned and dividends declared and paid annually, or at longer intervals in the manner and proportions, and among the parties entitled thereto under the terms of their renewal contracts with the corporation.

Insurance Broker.

1894, ch. 377. 1900, ch. 740, sec. 143A.

199. All licenses for the purpose of conducting the occupation or business of an insurance broker shall be granted by the

Insurance Commissioner of the State of Maryland, and all such licenses granted by said Commissioner shall expire on the first day of May thereafter. Whoever, for compensation, acts or aids in any manner in negotiating contracts of insurance or re-insurance, or placing risks or effecting insurance or re-insurance for a person other than himself, and not being duly appointed solicitor, agent or officer of the company in which such insurance or re-insurance is effected, shall be deemed an insurance broker within the meaning of this article.

1900, ch. 740, sec. 143B.

200. Any person applying for the same and paying to the Insurance Commissioner the sum of one hundred dollars for the use of the State, and an additional sum of one dollar as a fee to the said Commissioner for issuing said license, may obtain a license for carrying on the business of an insurance broker, and no license shall be issued to permit more than one person or the members of a bona fide copartnership to act thereunder; provided, that any person or firm residing in any of the counties of the State may, upon payment of a fee of twentyfive dollars, obtain a license to act as broker as to risks situated in the county only within which he or they may reside; and if such license be granted for a portion of any year, a ratable sum shall be charged therefor up to the first day of May next succeeding.

1894, ch. 377. 1900, ch. 740, sec. 143c.

201. Any person who shall use or exercise the business or occupation of an insurance broker without having procured a license therefor, as required by Sections 199 and 200 of this Article, shall be subject to a penalty of five hundred dollars for each offense, one-half for the use of the State, and the other half to the informer.

Ibid. sec. 143D.

202. It shall be the duty of the sheriff of the city of Baltimore and the sheriff of each county throughout the State to furnish the Insurance Commissioner, prior to the first day of May in each and every year thereafter, the names of all per

sons conducting the business of "Insurance Broker" within the respective jurisdiction of each of said sheriffs, for which he shall receive a fee of fifty cents for each license issued by the Insurance Commissioner.

Fire Marshal.

1906, ch. 709.

204. It shall be the duty of the said Fire Marshal or the deputy Fire Marshal hereinafter created to examine into the causes, circumstances and origin of all fires occurring within the State to which his attention may be called, and which, in his judgment, requires examination; and in making said examinations the said Fire Marshal or deputy Fire Marshal may, when in his judgment said proceedings are necessary, take the testimony on oath of all persons supposed to be cognizant of any facts, or to have the means of knowledge in relation to the mattres herein required to be examined and inquired into, and to cause the said testimony to be reduced to writing; and when, in his judgment, such examination discloses that the fire was of incendiary origin, the Fire Marshal or deputy Fire Marshal may diary origin, the Fire Marshal or deputy Fire Marshal may cause the supposed incendiary to be arrested and charged with the crime; and shall transmit a copy of the testimony so taken to the State's Attorney for the county or city wherein said fire occurred; and upon the request of the owner or insurer of any property destroyed or injured by fire, the said Fire Marshal or deputy Fire Marshal shall make a written report to the person requesting the same of the result of the examination made by him regarding said property; and said Fire Marshal shall annually report to the Governor the results of all examinations made by him and the deputy Fire Marshal.

205. The Fire Marshal and deputy Fire Marshal, in the absence of the Fire Marshal, shall have power to subpoena witnesses and to compel their attendance before him or them to testify in relation to any matter which is, by the provisions of this Act, a subject of inquiry and investigation by the said Fire Marshal or deputy Fire Marshal, and shall also have