The Goodhue volunteer. [volume] (Red Wing, Goodhue County, Minn.) 1861-1864, 1862-03-12

" 1hSl " regulate lue tDilSln6SSs eoI
Foreign Insurance Companies IL
this State, and guarding against in
solvent companies. =ss,sfs<s f1s'ss
BE 1t enacted 6y the Legisldtu,e of ne
|; q State Of minnesota !: y 1s~ssiae1s
Section1. Whenever Judgment f6r;
the recovery Of money has Leretofose
been, Or hereafter may be rscoversd
In any. of the Courts Of this State
against any foreign Insurance Com
|Pany5 or against any association. part-
acrship; firm or individual engaged Id
the business Of Insurance, and hofding
q certificate Of authority therefor FROM
State Treasurer under the laws Of Shd
State, and an executioa thereon4shs
hereafter be issued and duly retaraad
by the proper officer unsatis6ed il.
whole orrin part, and 9proof thereof
shall be made by any person by fling
with the State Treasurer certified
transcript of the docket Of sue such lludg-
ment together with certificate Ut' TIE
Clerk of the Court in the county where
the Judgment roll in said action is fled,
and the Judgment therein is docketea,
that an execution has been, issueain
such Judgment to the proper officer of
such county, and returned :unsatis6ed
in whole or in part, as. the case may
be, which certificate shall state wien
such execution was issued, and when
the same was so returned and fled in
his office, it shall be the duty of the
State Treasurer forthwith to revoketa all
authority or license for the transaction
of any kind of insurance business with
i'll this State, conferred upon such In
surance company, association, partner
ship, firm, or individual under the pro-
visions Of the act entitled "an act 10
regulate Insurance Companies not in:
corporated by the State Of Minnesotaa,,'
passed February sixth, one thousand
Feight hundred and sixty, and to witil>
! hold therefrom the giving of any new
certificate of authority such asisacatr-
templated by: said act, until such judg:
ment so docketed against such. com
pany, association, partnership, firm, or
individual shall be wholly paid and
satisfied, and proof thereof fled With
I such State Treasurer by the official
certificate Of the Clerk Of the Ceurttin
the county where the Judgment roll lis
|, filed and judgment docketed, showing
that the same is satisfied Of record, and
until the expenses and fees incurred
in the case under the provisions of this
act are also paid by such company
association, partnership, firm or indi
:, viduai, and the State Treasurer shall
4 also forthwith cause notice ofsuch re
: vocation of, authority to be published
in some daily snewspaperlso of genera
circulation in the city of: St. Paul 70,
!, at least one week, and during the time
, such authority or license shall remair
so revoked it shall be unlawful fol. th,
t company, association,partnership, firm
!. or individual holding such revoked
> certificate Of authority or any Of It.
y agents or officers, to issue or renew
any policies of insurance, take; an,
risks or transact any other business
: tJrelating to insurance, except such q
~ may be absolutely necessary in, closin,
up. its affairs in this State: =, ,t,.,a1
Sec. 2. The provisions Of sectio,
eight Of the act entitled 6 an an1sa act t,
regulate Insurance Companies not in
. corporated by the State Of Ainnesota,,'
passed February sixth, one thsusan',
+ eight hundred and sixty, shall: exteB.
o and apply to any person knowingl,
= Eviolating the provisions of this act. q,
= SEQ: 3. This Act to take effect frou
& and after its passage. ....,..> ,s.a.,,~s.tz.
t Approved Feb. 20, 1862. ,<zL, ...I.
u