The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1868-06-23

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AN ACT keg4ietipE A5p An1n{sucs Companies.
ssc !. Bsistaaeasd y ~ acea<rst Asseatty
e e tss sfSts ao~a, Anak syesyi ssSY &rEsd
nrER&9feI. ssn
s.sSTZsaise4W vs. ~ fhts
eMes - countsy, NAN uet1fS lssufnE any
petcses on iives within tms nssta comply with
inc 60 1h@nct.
ee6 so 9ss soe1 co1Ressss organized under
sne ~ g s1Is 49, ~ feye got gse
~ ri d ee ~ $500 atneens-
s1eds wenC-rs PET cent. o. vhish she'll b paid up
and invested 70 unlsed htatss seocks, ~ Of this
STATE orin Dosss ana mortgages spea anincun-
pss2 go estate u re STATE 81 l$xA Ds4aeS-
s'usNs q lmpfovsmenss' ~ ieAst deee:e sns SOL.
posted WITH the AUDITOR 81 State, and upon ssic
aepos.t ma sanslastorI sNdsp9s r. ynes Ap@1foE
Ensssne cenMei ssacR ~ sses6ssSed In good
faith, he shall Issue 70 said company the certih-
cate herein provided fur: Irorided, No part Of
the twenty nss Per cepf: si2reesid AhsA b loan
cd 20 my oSc s..nsese sfs eAeer Of TIT ec1spany;
the remainder Of sucn stcck shall 20. pa4 ~ Il
snda huas - ~ dfsee0sgs - esessSS4s 0ftnsfe0n
pany may dss.N - - easss Aa'ss be secured BY
the notes Of the stocksnoider2 of SAL pemPany.
AnufM nose fhaif oe AccePteoSA part u Snch cap
ital stock, unless the same sng p Acconleaie4 By
as03ncsessea 9nees1 Wv posse, no0sy pub
he or clerk OF the disfKrt court OF the county II
which the person sxecnf nEs ssh nels 49, reeise,
shn hs - ssn ~. HSe same e, IN NM opin-
son,pecuniar1iy good and responsible for the rame
In property not exempt from execution ofthe laws
OF thus STATE. -,.sF s@ss1 2
SIC. q Ccmpanf~s 'oYgsniEed undSf the
laws OF this State upan tho mutual Plan STILL
before issuing sny policies. hsvs boha hde appli.
cations on 1t least two hundSed and any ipdiy a !.
sssiliives for An averags amount Of one thousand
4doliars each, hst Of which AppGea1Acns, eistne
the NAME are r.sidence amount Of insurance. and
annual premium Of such applisant shen - SID
with the Auditor Of State, and depositmade with
said Auditor Of emnunt equal u tASse AS>As of
the whole annual premium said applications,
either in cash or the securities respifsd b. the
foregoing section of this act, and on compliancs
with said provisions, tbs An4itee ah6l iasso to
said mutual company the certificate hereinafter
prescribed. ssi s asIfs X tga4sassxsss3
Sra. 1. II shall mot be lawful f5r any person to
act within thie State m sAgs4tS or othckase, in
receiving orpSbcuffAg xppIicStaons FOR Insurance,
sssin asy masnsf to sid IN transAetiAg the bAsi-
of Insurance. referred to ia the 6rst section Of
this act, o. for any company or aesociatiou incor
pofated BY, or organized undsf The laws 81 ~
other State government, unless such compasys b
possessed Of the ameur.t 1t actaal ceptal fequhea
q sampasis. IN this ss's .na tss.1ns I. ;s...
or Of the State Of Iera or Of Understanding h0ads
~ The State, in hinh ssid ssmp 10 ssSsteA o.
whers said deposits ARE made, or ~ b0dds and
mortgages on nincumbe bored real estste within the
State where such company islneatsdi bus Al
mortgages deposited by any ssopsay suadsr thi1
section. shs il b. upon uneneafn6ereA reei esfnte
worth dop,ble the saount foaaed thereon; which
stocks opd securities shall be dsposited wish ths
auditor, Coutrnier, or chief fDaneial e&cag eth
STATE by whose laws saia company d iDssspstsesds
orsome other States and the Aaditsf % thds etAts
foruished with ecrt6catcof such Auditor o. con-
troifcr or chief financial oinsr afsresaid, -Aadss
bis hand and oHiaial seal. thst be, aneh sAsdit
or, Controller chief &nsncisi saeerof sueh 6tste,
holds in trust and on Deposit for Tho benct 81 Al
the policy holders. Of such company, the security
before mentioned. which certificate shall embrace
the items OF security held. that he il sa,sfed
that such secarities are worth ono hundred thGu-
sand dollars bat nothing herein contained shsat
he construed b invaldate the agency Of any tom-
pnny incorporated Ia another STATE, By reason of
snrh company having from ii ne to time exchange
ed Me securities 40 deposited with thu Auditor,
Controller. chief financial cflcer OF the State N
which sueh company il lrcated for ctber stock or
securities authorized by ibis act. or BY reason Of
sn~h company has ,ag drawn - inse M dtsi-
dends ffotn fine 10 time for snch stocks and Sc
curities.
SEC. s. Such compnn Y shall also apaoin. an at
torney agent in each county in this State. in
which the company has sn agency ~ Mhqm spFp-a
eees of Ia canbe served anfs tch - npay tlfe u
file With tbe Aaditor of Stafet ssenthea MY al
the shAst or SWITCHES Of nevfp orr mn q fxsdeo
pany, and also q certified copy Of the certificate
OF appointment ofsuch agent ~ agents. which sp-
pointment .hall confinue until another agent or
attorney DO snhstituted.s And jursss Anyx eteh
insurace corporation shall 10 transact bust
ne.s in this State according TO the lava thereof.
the agents last desienntsd, or ACTING ~ tnch for
such corporation, shall be deemed to continue
agents for such corporation for the purpose Of
serving process for commencing actions uren any
policy or naeiffs issnea % eoos Z ~
.s,r;cs ~ .5eb nrscsss lar he cnu.es sfor,,aid.
,no, any .nch agent. ahs}l he deemed valid
GO. - r.h co,nor,tior md surb
r,,. 80 shsii ,ysr a.. :. !, a.. sni ofts Ssnaf.
tion and ,Iairs IN Tho Office Of the Auditorof State
in the same form and 'nSnnsf fequifed Tor the an
nuai statements o. similar companies or organised
g. = I,.hsi, ~, ~ - -, Co. ~ ...,t IN |
eEo.p- y shaii npt s = - VT ~ .Sset
PC. ;or my e.,npany - - ~
sees'oh' u1i 'e''y " sesy =.
esi,ng premium NJ q "a ans mau rs. s..,a
.ne business ., ihe .a 'n's
gu. procuring rom saia auu,toI
sa.h'.Ns a.s -. .ns a..;a ea..h ~
~ -. =. ,.x = 80. re- 1, a.,+;esd
name Q, me attorney ies snen eonpasy, =, eeninea
copy ~ "n,ch eer'iacale sun ~ n.eu - As
- - r. ....kf.h.a "a ~ III H., 40 ha.;tv NJ
. ss b. s Il as .ss
-. u ,sr, 81. ~ N. na;,o. III
IN. NJ 'a,s .n.n.x ~ a';.ss. ~. .s
sl"'e i, :. - e.. ps.;Ssa
.us sea, =. ~ 49, - ~. 60 a..
So r, shsIi - ths da,, of ~. nr..;de,, or
= :. .hsn 4. ~ .a.' ], sss
80, ~ ~ SO. ~ s;..,o,. se ..nh .omn.nx
-, ~ - 49,. - ~. -. !, M;
Sc a-snanv on ths s,st 10, of Jann.rv. .,
80 "a - ' ~ I. = -. 49,
~ -. "a -, :. ar So ~ ~ na;.or of
State, statement showing
,,asr. -.,,r.,
Ist- The name OIL the company ana Hhefe iocs-
ted.
%. The names Of the omeefs.
90. me amount Oh eAp'.ai stoch-
4th. The amoant OF capital STOCK paia up, ii
sEcoSD-AssETs.
=. III, - ~ ..tt i. 4 u hv .r.h
~. in' 'A'1' v 'Ae 'e-' e''N's -
81 The amount Of ca.l, On hand.
Sd The amouns Of Sash dePosited in bank, Civ
ing name OF bank or BANKS.
9Th. The amoani of cash ip the bands ofAgents,3
and u the course Of tran smission
lfhs8 Tho a,nufrt of hank stocks With the name