Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1854-11-30

n lessees, and shall have the same ehecs, as
houch personal service of such process had
,een made upon such trustees or lassees.
Approved, November IA, 1854.
70. 80 An act to amend sections sixty-eight
and sixty-nine of chapter twenty-six OF the
compiled statutes relating to Railroad Cor
porations.
II is hereby enacted By the General Assembly
f the State of Vermont, as follows:
Sec. l. The provisions of sections sixty-eight
nd sixty-nine of chapter twenty-six of the
ompiled statutes, relating to railroad corpora
ions, shall DO construed, and in all cases shall
No treated, as extending to all mortgages, trus-
ees, assigneos, or other persons controlling, or
,aving control of, any railroad corporation OF
his state.
Sec. 2. This act shall take effect from its
Approved, November IA, 1854.
No. 3l.-An act relating to foreign Fire 1nsur-
ance Companies.
1t Is hereby enacted by The General Assembly
,t The State Of Vermont, as foAolos:
Sec. l. The first section of an act entitled
san act in relation to Insurance against fire by
foreign companies" approved November %, '52
is amended so as to read as follows;
"If any person shall, directly or indirectly,
as agent of any insurance company, not incor-
porat ted in this State, make or renew any con-
tract of insurance within this State with any
person resident therein, wthouta substantial
with the acquisitions Of this act on
the part of such company, or in any way con-
trary to the true intent and meaning thereof,
with the intent of violating any OF the provis-
ions of this act, he shall forfeit and pay, for ev-
cry such ofense, q sum not exceeding i've hum
dred dollars
Sec. 2. The sixth section of said act is so
amended as to read as follows;
:. Every such attorney, before any insurance
shall be effected, and before any contract of in
surance shall be entered into, with any party
resident within this State, shall deposite with
the secretary of state copy of the charter Of
such company whose attorney hcis, and q state
ment, signed and sworn to by the president OF
seer tary of such company, specifying the
amount of its capital and all its assets, showing
the manner of its investments, whether in bonds
mortgages public stocks, or other securities, and
particularizing the amount of each class Of
investment amount due from such company fol
losses and other claims against such company
including dividends unpaid and said attorney
shall, also, once within each year, thereafter
deposite with the secretary of state like state
mcnt, sworn to by the president or secretary O
such company, or copy thereof, certified BY
the secretary of such company to be true cop,
of the original statement of the certificate o
the oath thereto"
Sec. g. Any such statement SO sworn to, O.
any such copy thereof heretofore filed with tn
secretary of state, shall be deemed a compliance
with the provisions of the sixth section Of sale
act
Sec. T. This act shall take effect from it
passage.
Approved, Nov. ID, 1854.
No. 32.-An act in amendment of can act re
lating to insurance on lives by foreign corpo
rations, approved November %, 1852.
Ii is hereby enacted by The General Assembly
of the STATE of Vermont, as folows;
Sec. l. The sixth section ofsaid act is hereb.
amended so as to read as follows:
"Every such attorney, before any nsnranc
shall be made on the lie Of any person In thu
state, or any contract for insurance shall be en-
tered into with any party resident in this State
shall deposit with the secretary of this State
copy of the charter of the company whose attor
he is, and statement, signed and sworn to sb,,
the president and secretary Of such compan.
in tho form hereinafter specified ; and shall an
nually thereafter transmit a statement in TIN
same form, which statement shall DO made ~
tn the time of the Inst annual statement o.
snch company.
FORM OF RETURN.
Name of company.
Where located.
Amount insured by existing policies
Present value of existing policies, or
Amount requisite for reinsurance.
if estimated, state the grounds on which sucl
estimate is predicted.
Amount of assets Of the company.
How invested
Amount due the company for losses.
Amount due on other claims, including divi
dends.
Amount of all expenses the past year, ant
amount paid agents
Amount of losses the past year.
Amount of guaranty funds
Sec. 2. All of section seventh of said act
after and following the word company" il
the sixth line, and the whole of sections eight
nine, eleven, twelve. thirteen and fifteen of sal
act, are hereby repealed.
| Sec. 3. This act shall not extend to any lif
insurance company not incorporated in thi
State, whose rates of premium for insaring ar
less than those charged by the Mutual Life In
snrancc Company of New York, or the Connct
ticut Mutual Life insurance Company, or til
New England Life Insurance Company, or sue
other life insurance companies as charge sui
stantlally the same rates.
Sec. 4. Whenever, by the laws of any othe
State, any taxes are, or shall be imposed upo
life insurance companies incorporated under tn
laws of this State and transacting business
such other State, or upon the agents of sue
Insurance companies, then SO long as such la
or laws continue in force, the same amount
taxes are, and shall be, imposed by this Stat
upon all insurance companies doing business
this State, which are Incorporated or organize
under the laws of such other State 80 imposin
taxes upon such insurance companies incorpor;
ted by this State.
Sec. 5. If any person shall, as agent for an
life insurance company not incorporated in th
State, make any insurance or eoatract in viOl
ton Of this act, or the act Of which it ia a
amendment, he shall forfeit and pay for ever
such ofense, q sum not exceeding five hundre
dollars.
Sec. 6. The attorney of every life insurant
company, not incorporated in this State, doin
business in this State, shall pay all legal charg
that may accrue to the officers of this State, III
der this act, or the act to which it is an ament
ment. 4rs .e..a
SEC. 7. This act shall take effect from i
passage. ltr.s
Approved, November IA, 1854. ...
No. 34.-An act in relation to the payment
state taxes on nonresident lands.
Ii as hereby enacted by the General Assen,Jl
Of the STATE Of Vermont, as follows:
Sec. l. So much of the State taxes as al
derived from nonresident lands in the sever;
towns in thif State shall hereafter be paid int
the treasury Of this State on the second Thur,
day in October annually.
Sec. 2. All acts and parts of acts nconsis