The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1856-05-07

months after such Insolvency may occur; any |
such body or individual, shall be deemed in
solvent upon failure to pay anyundisputed loss
Ensured against within this state for the space
of ninety days after final judgment, for,tie /
amount of any loss so insured against, when
no appeal shall have been taken from such
judgment by either party, or other proceeding
begun to vacate, modify, reverse or review such
judgement, or to arrest the same, or to obtain
a new trial: such body or Individual shall be
entitled TO receive the interest or dividends on
such stocks SO deposited, from time to time,
as the same may become due. This section
shall not apply to any of the aforesaid bodies
or individuals, who have made no such depos-
its, as in this section mentioned elsewhere
than in this state.
Section 4. 1t shall be the duty of every
such insurance company or some agent or
agents thereof, before taking any risks or trans
acting any business of insurance in this state,
to file in the Office of the clerk of the Court OF
Common Pleas, of the county in which it, he
or they. may|desire to establish an agency for
any such insurance company or individual. or
to transact any business of insurance therein,
a copy OF the statement required to be fled
with the Auditor of State as aforesaid, together
with the certified copy of the certificate of said
auditor, which shall be carefully preserved for
public inspection by said clerk, and also cause
/ STU SG1tetleul ditu ceTtinCdtc 10 De putiilSEeu
in some daily newspaper printed and of gen
eral circulation in said county, for one week,
or in sonlc weekly newspaper printed and of
like circulation as aforesaid, three consecutive
weeks: it shall be lawful for each of such afore-
said bodies, whether Incorporated or not, or
individuals. to cause such statement and GER
tiicate TO be published in some daily newspa-
per Of general circulation IN this state, printedin
the cities Of Columbus, Cincinnati or Cleveland,
one week or in some weekly newspaper of gen.
eral circulation in this state, printed in any of
1.-The aforesaid cities, three consecutive weeks,
which publication shall be verified by the oath
of the printer or other person knowing the
and such body or individual shall, before
it, he or they, or any agent or agents thereof.
shall take any risks or transact any business
of insurance, furnish such agent or agents with
three copies of such statement, Auditors GER
tifcate, and affidavit of publication-one of
which shall be deposited and kept in the Office
OF the proper clerk of the Court of Common
) Pleas IN the same manner, and for the same
purpose as hereinbefore mentioned-one OF
which shall be kept in the Office of every such
agent or other person, and one to be submitted
to any person or persons for examination who
may desire TO pro u . from such agent or
agents or other person, a poli,y of insurance
or renewal thereof, if demanael by him or
! them.
SECTION 5. The statement and evidences OF
Investment required by this act. shall be renew
ed annually, III the month of January in each
Il year, tho first statement may be made at any
time the Auditor of State, on being satisfied
that the capital, securities and investments re-
main secure as at first, shall furnish a renewal
OF certificate as aforesaid; the certified copy Of
7 which, with the certified copy of the statemen.
upon which the same was obtained, shall be
5 hiad liant and D,,hliSba5 IL, tho so;,,a m &, n n -
! and be governed in all respects by the provi-
4 sions Of section four of this act. Provided
E that all certificates of authority or renewals
: granted to any such Insurance Company oil
agent or agents thereof i'll the month OF Janu-
AIRY, 4. ID. 1856, in accordance with the act
hereinafter repealed, shall be in full force and
effect until January, A. d. 1857, the same as il
. issued in the month OF July next.
SECTION G. Any person or firm in this state
who shall receive or receipt for any money on
account Of or for any contract of insurance
made by him orthen, or Tor any such insurance
company or individual aforesaid, or who shal!
receive or receipt for money from other persons
r TO be transmitted to any such company or in
dividual aforesaid, for q policy or policies Of
; insurance, or any renewals thereof, although
? such policy or policies of insurance may not
i be signel by him or them as agent or agents
OF such company. or who shall in anywise di.
rectly or indirectly, make or cause to be made
= any contract OF contracts of insurance for ol
on account of such insurance company afore
. said, shall be deemed, to all intents and pur
q poses, an agent or agents of such company
: and shall be subject and liable to all the pro
visions, regulations and penalties of this act
Srcrfos z. That copies of all papers re
e CURED by this act to be deposited in the ofhc,
e OF the Auditor of State certified unier tn,
y hand of such Auditor or clerk of any court o
: record, or probate judge of this State, with tn,
y seal of such court affixed thereto; or any nota
y ry public unier his proper seal, and any cop,
of any affidavit of publication in any newspa
d per by this act made necessary, duly ~certiiiet
Q by the clerk of any court of record or piohat,
Judge in this State, authenticated by the sea
q of such couit; or by any notary public witnes
q sed by his proper seal, shall be received a.
u evidence in all courts and places, in the SAM
u manner, and have the same force and effect a
e the original would have if produced.
SECTION S. This act shall not be so constru
y ed as in any manner to apply to life insuranc,
companies, but shall include within its provi
sions only the sire" and "ire and marine
departments of any company, that may hav1
o separate departments for life insurance an,
I. ire % and fire and marine insurance.
IS SRorios 9. Any person violating the pro
Q visions of this act within this state, shall, upol
conviction thereon IN any court OF competen
n jurisdiction, be fined in any sum not exceeding
one thousand dollars, or imprisonment in III
county Jail not more than thirty days, or botl
at tho discretion of the court. Violations Q
a the provisions of this act shall be prosecute,
in the same manner as may be provided b.
: law for the punishment of ofenses- of lk
II grade.
n SECTION 10. The act entitled IAN act t
regulate the agencies of insurance %companie:
not Incorporated by the State of Ohio, passe
G, May /, 1854, be and the same is hereby repeal
ed. This act to take effect and be in force fror
N and after its passage.
r N. II. VAN WORRIES,
! Speaker Of the House Of Representatives
,r THOMAS II. FORD,
lie President Of the Senate.
y april. 8, 1885.
: ArDrron,s OFFICE. Monroe County,
:" Nav < 1916