The Massachusetts spy, and Worcester County advertiser. [volume] ([Worcester, Mass.]) 1825-1831, 1827-04-04

branded or marked as aforesaid, shall be
| offered for sale, or be put on board any
vessel or carriage of transport, to be con-
veyed out of this Commonwealth, the same
shall be forfeited and liable to seizure, and
the manufacturer of the same shall, for
each and every pound of tare more than is
marked on the cask, and for each and eve
ry pound of refuse, scraps, or waste which
shall be mixed with said nails, forfeit and
pay one dollar.
SEC. 3. Be 1t further enacted, That if
any person shall counterfeit any brand u.s.
ed, or intended to be used for the purpose
aforesaid, or shall destroy or alter any
mark or impression made by another per-
sons brand on any cask of wrought nails,
and cause a different impression by such
counterfeit brand TO be marked or Impress
ed thereon, or shall shift any nails from
one branded cask to another, and thereby
avail himself of another PERSONS brand,
every person, so offending, shall forfeit the
sum Of twenty dollars.
Sec. 4. BE 1t further enacted, That, if
any master, mate, owner or other person
shall receive on board any vessel or car
rage OF conveyance any cask or other
quantity of wrought nails, manufactured in
thus Commonwealth, which are apparently
intended to be transported out of the same,
and are not branded and Marked as provid-
ed and directed by this act, he or they shall
forfeit and pay sum equal to the full a.
mount of such nails.
Sec. 5. Be 1t further enacted, That all
penalties and forfeitures, arising by force
and virtue of this act, shall be recovered
and applied in the same way and manner
as is provided for the recovery and appli-
cation ofpenalties and forfeitures, under the
act regulatlngthe manufacturing of cut nails.
Sec. q. find be 1t further enacted, That
all former laws respecting the inspection
OF wrought nails, so far as they relate to
the same, be, and hereby are repealed.
.4PproUed By the Governor-.MarchS 6, 1897.
AN ACT respecting agencies of Foreign
Insurance Companies established in this
Commonwealth.
SEC. l.. Be Il enacted by the Senate and
House Of Representatives. n, General Court
assembled, and by the authority Of the same,
That if any person or association within
this Commonwealth, shall make or renew,
or cause to be made or renewed, directly
or indirectly, on the account, or in the be-
halt, or as agent of any body polite or cor
porate, not within this Commonwealth. or
authorized by a law of this Commonwealth,
any contract OF insurance, or by way of in
surance, with any citizen or Corporation
OF this Commonwealth, before said person
or association has left with the Treasurer of
this Commonwealth a true copy of the
charter of the Corporation on account of
which, or IN behalf of whom such agent
shall not. an4 noI>s- &c A. - $500
ney, granted by such Corporation; overy
person or association so offending shall for
felt and pay the sum of five hundred dol
lars for every such offence, the one half to
the informer, the other half to the use of
the Commonwealth, to be recovered by ac-
ton of debt.
SEC. 2. Be IL further enacted, That it
shall be the duty of every agent aforesaid,
before making or renewing any contract of
insurance as aforesaid, and annually there
after, on the first Monday Of January, to
deposit with the Treasurer of this Com
monwealth statement signed and sworn
to by a majority of the directors of the
Corporation for which he acts, specifying
the amount of its capital and the manner
of its investments, designating the amount
respectively invested in mortgages, in pub
lie securities, in stock of incorporated com
panies, stating what companies, and also
the amount invested in other securities,
particularizing each item of investment,
and the agent aforesaid shall publish said
statement, in some newspaper within the
County wherein he transacts business of
his agency; and any person effecting in
surance contrary to the provisions of this
act, for each and every offence shall forfeit
and pay the sum of five hundred dollars, to
be recovered in manner herein before pro-
yided.
Sec. 3. BE 1t further enacted, That it
shall not be lawful for any person or asso-
citation to act as agent for, or on account of
any insurance company or corporation, not
authorized by law of this Commonwealth
in making or renewing any contract OF in
surance for or on account Of any such COM
pany, with any person or corporation with
| in this Commonwealth, unless the capital
stock of the company, for which he or they
may act, amounts to the sum of two hun
bred thousand dollars, actually paid in in
money, and invested, exclusive of the obi
| cations of the stockholders, in any shape,
which shall form no part of said investment,
nor unless said company shall be restricted
| by its act of incorporation, or otherwise, so
that it cannot lawfully incur, in any one
risk, greater hazard than ten per centum
of the amount of its capital end every per-
son offending against the provisions of this
act, for each and every offence, shall forfeit
and pay the sum of Eve hundred dollars, to
be recovered as is provided in the first Sec
| ton of this act.
Improved blythe GOrernOr-March 10, 1927.