The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1855-04-18

I'D. The Bonds owned by the Compa-
ny, and how they are secured, with the
rate Of interest thereon.
18th. Debts to the Company secured
BY mortgage.
18th. Debts otherwise secured.
9th. Debts for premiums.
9TH. All other securities.
9Th. The amount of liabilities due or
not due to Banks or other creditors, by
the Company.
9Th. Losses adjusted and due.
7th. Losses adjusted and not due.
18th. Losses u~nadjusted.
9. Losses in suspense waiting for fur
ther proof.
10th. ALI other claims against the
Company.
18th. The greatest amount insured in
any one risk.
18th. The greatest amount allowed by
the rules of the Company to be insured
in any one city, town or village.
18th. The greatest amount allowed to
be insured in any enc block.
I4th. The act of incorporation of such
company.
Which statement shall be filed in the
ONCE Of said Auditor, together with a
written instrument, under the seal of the
company, signed by the President and
Secretary authorizing such agent to ac-
knowledge service of process, for and
in behalf of mch company, consenting
that service of process upon such
agent shall be taken and held to be as
valid as if served npon the company ac-
eOrding to the laws of this State, or any
otherState, and waving all claim of er-
ror, BY reason of such service. And no
Insurance company, or agent or agents
of any insurance company Incorporated
by any other State, shall transact any
business of Insurance in this State, unless
such company is possessed of at least one
hundred thousand dollars of actual cap
ital, invested in stocks of at least par
value, or in bonds or mortgages of real
estate, with double the amount for which
the same is mortgaged. And upon the
filing Of the aforesaid statment and in
strument, with the Auditor of State,
and furnishing him with satisfactory ov-
idenee of such Investment, as aforesaid,
it shall be the duty of said Auditor to
issue 4 certificate thereof, with a1thori-
ity to transact business ST insurance, to
the agent or agents applying for the
same.
Sea-. It shall be unlawful for any
agent or agents, Of any company incorpo-
rated by any foreign government other
than . State of this Union, to transact
any business of insurance in this State,
without procuring certificate of author
Sty from the auditor of State, such agent
ar agents having first file dunder oath, in
She Office Of said auditor, a statement set
ting forth the charter, or act of in
corporation of the company, for which
he or they may act, and the mat,
ters required to be specified by the
first section of this act, and the writ
ten authority therein mentioned and
furnished evidence to the satisfaction oil
the Auditor of State, that such company
have invested in stocks of some one o.
more of the States of this Union, or OF
the United States. And the said agen.
or agents of such company, filing sale
statement and furnishing evidences of in
vestment as aforesaid, shall be entitled
to q certificate of authority in like mar
ner as is provided for in the first section
Of this act.
Sec. 8. It shall be duty of the agen
or agents, in either of the foregoing sec
tions mentioned, before taking any risk
or t~ransacting any business of insurance
in this State, to file in the Office of the
clerk of the court of common pleas o.
the county in which he or they may dc
sire to establish an agency fer any sucl
insurance company, a copy of the state
mont required to be filed with the audi
tor of the State as aforesaid, togethe
with the certificate of said auditor, whicl
shall be carefully preserved for publ
inspection by said clerk and also t
cause said statement and certificate t.
be published in some newspaper of gen
eral circulation in said county, for tire
successive weeks.
SEC. A. The statement and eyiden
ces of investment required by this act
shall be renewed semi-annually, in tn
months of January and July in eacl
year ; the first statement to be made il
the month of July next ahd the audi
tor of State, on being satisfied that tn
capital, securities and investments, re
main secure as at first, shall furnish
renewal of certificate as aforesaid anC