Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1852-12-09


believe premises thereby morgaged worth at least
fifty per than the amount of the mortgage thereon
and the shall take such measures and prescribe such
regulations for ocetanng the title and value of such real es-
and the value of such mortgage security as he may deem
necessary.
src l. The treasurer shall hold said money stocks bonds
and mortgages security for policy holders III said companies,
but SHALL long any company deposng shall continue
solvent and shall comply with all the laws OF this state app-
cable company permit such company collect the IN
dividends stocks mortgages deposited and
from time to time to Withdraw any of such securities depos-
ting the other like securities stocks mouga
ges par value Of which shall be equal the par value OF
such may be w.,hdrawn each mortgage substituted to
be subject To- the requirements mentioned IN the preceding
section.
SEC s. The sum or securities, deposited with the
urer shall be Withdrawn long said company shall
continue to effect assurances or renewals OF poce WITHIN
this state until all its debts and Liabilities of every kind
paid and eXtngushed that due may become due,
upon any contract agreement made with any citizen OF TINS
and the SAID companies shall pay all reasonable charges
Of the treasurer and secretary of state in complying with the
duties prescribed in this act
SEC o. If any insurance company shall make insurance
aforesaid without complying with the acquisitions of this act
the contract shall be valid but the agent of such company
ing within this state respecting the eecng Of any policy of
insurance. shall forfeit exceeding twenty dollars nor
less than dollars for each offence And every person shall
be deemed agent Of such company. who shall receive
transmit proposals lof insurance or receive Tor delivery pom
founded proposals forwarded this state other
procure insurance be effected by such insurance
Iany for persons residing M tins state; or who shall receive
payment for such policies aud shall be subject the
tons and liable to the penalties specified in this act
SEC TO- Every person, acting agent for any health I'M
company Incorporated by Legislature Of this
state, SHALL ts first Monday OF October every year. make
return. on o'i' ~ we W 'Oe' ~ 'o % 'o loo' "a
I'7's s'l, l"' urea - '' '.'o' ny '''i, j" 'i
~ 7'1 ~ t'7 UO !N-' l''
l'' '''' i'7 ''''1
PoI ny n"u or ny su5l company ~ '-'s s-e ai 7l'l t
=" '" l'y ~ 'l '7'i-- - ''e '''i 90 0'' I
'"' u
" @ '' 80
'' '"''' 90 l' 'l Dc 1eel"ed 70 1F premiums ''I 'e
N''' - ''y 4 's.'' '.''i' ~ a-'' ~ i''"' 7'- TT
u'iS i P! nss as are 'ieo IN me preceding saci'ol on
''1 make 'e ' ivy OF ii-sey n' ''i -ot every
s'g V', .''-I' sum "o eAeeeo,s one hi.l'ea "0''4s
eve ~ Eyer! sca agent s.ai before making or lrocW-
Jug o" l''o' e" Nc' on insurance as 'l'ieauo give
u"' 10 u 'a' q" 'il 9''te' N'l ''o ~ more s'te', to
'PI4G' ny ~" ~ 'le yum 81 "'e n'ilieo ooi-
aus 't '''''i u'" ' si3 iAe 'i' 0An"' return qua
/ i'5 " 49, '"
N"' - '7'3 'l ',"' s'i'll eNi4.I1 I'LL con aIlei's
'&9' Oh ms 5l'''5 s lia'e OF BUSINESS the name
an" S3" company anu agent sA"I a'so nave printed m large
yJ' use i'''c - s-' 9e w i W oIcIe issued 70 clt1ens
@ ' 81 i ''s i''',u' 'Nu ItHP'-'s' AZ ' IN al a''-
' P',i.'io" 9'e' "a ga, l'''ot ID ii's state uy
~ 81 "' ''.5 - me U'St'es o. 4,'" com amy.
nc Ia Il any esoh shan uoueft a"e as agent Oh any
suc company TO maze or .Ho ee' ~ "oi'70"y' '"E
el, " .', t ''i i' ~ I'M IN %ny l'.Sou i1s
rt 10y ~ ~ '' lie 'e 's''oNS
:" '"S "'i " ]" "uu ~ 0"' Iy 70 vac 'e intent AZ leo'-
i"5 "I' " ~ i-'' ''" i'y 'i 1'''! 9'0" oi1I0o inc
sun, no % ''-'y g gs .
"''' -. ''! ''' "o'9'''' ~ ''.' s''e are mere
'y u "e 'S' ,'u "
anime he statements ana fet4r required 10 be made by the
attorneys and agents aloIeadi and H. IN their opinion, any
statement return shall be obscue detective
sFec unsatisfactory, shall be duty Immediately to re-
oue answers under from the attorney agout