The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1867-05-30

Wisconsin may be served with process, and au thor
ising any agent or agents of such company in the
state OF Wisconsin to acknowledge service of pro-
/ cess for and in behalf of such company, and con-
sentng that service OF process menee final. upon
OF service By such agent, Shall be taken and held
served upon the company, according TO the laws
of the ftate OF Wisconsin, the laws OF the state
by which such company may have been chartered
and in which such company Is located, aud waiv-
ing all right Of error BY reason of such service or
acknowledgment of service and no insurance
company, agents of 81 insurance compapy, ln-
corporated BY any other state, shall transact any
busiuees or insurance in thfs state, unless such
pany 10 possessed Of at least hundred and
fifty Thousand dollars in value Of actual capital IN
cash, invested in stocks or bonds, or mortg age
on real estate worth double the amount for which
the same IL mortgsged; and upon filing the
aforesaid statement and instrument with the secre
tary of state, and furnishing him with satisfactory
evidence of such investment as aforesa aid 1t shall
be the duty of said secgetsry to issue certificate
thereof and to license the agents of such company
to transact the business of insurance in this state
until the 31st day OF January next succeeding the
filing of SUCH statement, II such license shall not
for good cause be sooner revoked. ssI.gss3a-,
Sec. 2 It shall be unlawful for any uniIcornora-
ted company, association or partnership cor any
member agent agents thereof or for any agep
agents of any company incorporated ty any fer
eign government other than a state of this union
to transact any business Of Insurance in this state
without procuring q certificate of authority from
tbs secretary of state. Such company, association
or any agent or agents thereof havr
first filed under oath, in the Office of nd secretery,
statement setting forth the charter or act OF In
corporation of every such incorporated company,
and the bylaws copartnership, agreements arti-
cles Of association Of any and every such incorpo
rated company, association or partnership, a. the
names and residences Of the members OF every such
association partnership, and the matters
be specified by the first section of this acc, and
the written authority therein mentioned and hav
ing furnished evidence to the satisfac of the
sscetsry of state, that such company has invested
in stocks in some more of the states of Thu
union, or the United States, the amount of one
hundred and fifty Thousand Sl5o, 0eO dollars, an.
that such stocks held by citizens of the United
states, in bonds OK mortgages of real estat,
situate in the United States, fully securing tn.
amount for which the same il mortgaged; and sucl
incorporated company, or unin corporated company
assoc alton or Partnership, any agent or agents
thereof, filing said statement and furnishing evi
dences of Investment, as aforesaid, shall be emit
tied to certificate of authority fer tho agents o
such Incorporated company, association or partner
thip, in like ms ~ is provided for in the frs
| ection Of this act.
Sec. 3. 1t shall be the duty OF every such IN sur
anee company. some agent or agents thereof, be
/ fore taking any risks transacting sny bushes
/ Of insurance In this states to file in the office
the clerk of the circuit court of the county Il
l. which it,. he or they may desire to establish n
agency for any such insurance compsny or individ
ualS, trsnsaot any business of insurance Their
/ in, copy Of the statement required to be 6ie
With the secretary Of State - Aforesaid, togethe
With tho certified copy Of the certificate Of said
Rotary, which ahal BIO caxsfully preserved for pub
lie inspection by said clerk and also said insuranc