1434 LAWS OF MARYLAND.

SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 8, 1908.

CHAPTER 438.

AN ACT to amend the charter of the Grangers' Mutual Storm
Insurance Company of Carroll County, Maryland,

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the charter of the Grangers' Mutual Storm Insur-
ance Company of Carroll County, Maryland, incorporated
under the provisions of the general laws of Maryland, as the
same appears by the certificate of incorporation, filed and
recorded among the Charter Records of Carroll county in
Liber D. P. S., No. 21, folio 494, etc., be and the same is hereby
amended so as to read as follows:

SEC. 2. And be it enacted, That said company is hereby au-
thorized and empowered to issue policies of insurance of said
company without requiring the insured to give his, her, their,
or its premium note.

SEC. 3. And be it enacted, That when application shall be
made for insurance in said company and the same is granted,
instead of taking a premium note, it shall be lawful for said
company to ascertain and determine the full mutual premium
upon which such insurance may be granted and the policy
issued, to be computed according to the hazard of the risk as
shall be set forth in a table of rates to be established by said
company, and upon which amount of full mutual premium,
so ascertained, the insured shall pay to said company the cost
of maintaining such insurance, and which shall be a certain
percentage of the full mutual premium to be determined each
year or when losses require the same to be made by the board
of directors, and shall be the same for all policies then in force;
and the said company may by its by-laws fix the contingent
mutual liabilities of its members for losses and expenses in
excess of its cash and available funds.

SEC. 4. Be it enacted, That all applications for insurance
in said company shall be made in writing and signed by the
party applying for the same, and when such application has
been made, the amount of full mutual premium fixed and
stated therein and the charges as shall be provided by the by-
laws of said company shall be paid, the insured shall be
deemed a duly constituted member of said company, and
as such shall be entitled to all the privileges of a member and