PRIVATE ACTS. 1435

bound by all the rules and regulations thereof as contained in
its charter, this Act and by-laws.

SEC. 5. And be it enacted, That every policy issued by said
company shall state plainly and legibly the full mutual pre-
mium upon which it is issued and a provision, as a condition
precedent, upon which such policy is issued, that by the ac-
ceptance of such policy the insured covenants and agrees with
said company to pay to the, said company such sums of
money as the board of directors may require, in such propor-
tions and at such times as the company agreeable to its charter
and by-laws, may require, to pay losses and expenses of said
company.

SEC. 6. And be it enacted, That any member of this company
shall have the privilege to withdraw therefrom at any time by
surrendering his policy to the company and paying such fees
as may be reasonably demanded and the policy's proportion of
the loss incurred, but not paid, upon such payment the com-
pany shall cancel such insurance as may be covered thereby
and such concellation shall release said member and said com-
pany.

SEC. 7. And be it enacted, That if any member shall fail to
pay his proportionate share of losses and cost of administering
the affairs of said company when required by the by-laws
thereof, he, she, they, or it shall be excluded from all benefits of
insurance held by such member, but at the same time the said
member shall be held liable for contributions for any loss in-
curred by the company during the time or term he, she, they
or it is in default.

SEC. 8. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 8, 1908.

CHAPTER 439.

AN ACT to amend sections one and four of chapter 344 of the
Acts of the General Assembly of Maryland, session of 1904,
entitled An Act to incorporate the Baltimore, Annapolis and
Bayside Electric Railway Company.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That sections one and four of chapter 344 of the Acts of
the General Assembly of Maryland, session of 1904, be and the
same are hereby repealed and re-enacted with amendments so
as to read as follows: