Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1872-05-02

iurin* the past year, stating how much
It the same accrued prior, and how
much subsequent, to TIC date Of the
preceding statement. and the amount 1T !.
which losses We're cotia!atcd in such !
preceding statement.
= The anI"unt OF loss's paid upon
isks taken in the State If Alinnc>u,a
Turing the past year. stating how much
# the san" accrued prior. aud how
much subsequent to thu 'l,tc Of the pre-
'cd'ng statement, and the amount at
which losses were estimated in such
preceding statement.
). The amount of dividends paid
lur,ng the past year.
4. The whole amount Of salaries
paid officers and agents Of the company.
S. The amount Of salaries paid off,
cc's and agents employed in the State
IF Minnesota.
6. The whole amount of commits
.ions and fees paid officers and agents.
Z. The amount Of commissions and
1000 pau" 'lANS:iS NdA faSsiUNo CAtpVbyCu
in the State Of Minnesota.
8. The whole amount of all and
any other expenses not herein enum-
Grated.
O. The amount Of taxes paid, speci-
flying separately and apart the amount
paid in this State.
10. The amount Of fees Of all and
every kind paid the treasurer of the
State of Minnesota, specifying date, for
what purpose, and amount.
Sirth.-The number Of agents and
other officers employed in the State Of
Minnesota.
Sec. ii. The insurance commission
cr may require, at any time. statements
from any company doing business with
in this State. or Of any Of its officers or
agents, on such points as he deems ne
cessary and proper, to elicit full cx-
hibit Of its business and standing.
Sec. Is. The statements required
under this act must be verified by the
signature and oath Of the president Or
vice president, with those Of the sccro-
tary or actuary; Or by those Of IA
majority Of the directors.
Sec 16. No company having neg
lected to file a statement required from
it, within the time ana in the manner
prescribed, shall do any new business.
after notification by the commissioner.
while such neglect continues.
Sec. II. Any company wilfully neg
Letting to make and transmit any state
ment required shall forfeit one hund.ed
dollars for each days neglect.
Sec. IS. Any company or person
wilfully making false statement in any
report t. the commissioner is liable to
u penalty Of $500. which sum must be
paid to the commissioner, in default Of
which the certificate Of authority shall
be revoked.
Sec. 10. The insurance commission.
er has authority to prevent publication
Of any part Of the statement made I'm.
der this article. until his annual report
to the legislature is made.
Sec. 20 Every receiver or othe,
judicia|ly appointed trustee of an insnr
ance company Of this State, must make
the statements required under this arti
Gle. and all the provisions Of this Il. ticle
shall apply to such receivers or trus
tees.
Sec. 81. No insurance company moi
of this State, nor its agents, shall Dr.
business in this State, until it has ilct
with the insurance commissioner of TIL:
State written stipulation, duly anthem
ticatcd by the company. agreeing tina,
any legal process affecting the company
served on the insurance commissioner
shall have the same effect as If served
personally On the company within this
State.
Any such company may, at its option
explicitly designate in its stipulation it
principal Office or agency in this State
and in case the stipulation may be tina
any legal process served on the insur
ance commissioner, and also on the per
son in charge of such office ut the tim,
when service is made, shall have thu
same effect as if served personally on tn
company and if there be no person il
charge, or if he keep himself concealed
Or avoid service, such process may b.
served on him, or ut such office by pub
l,cation. or posting or otherwise, in tn
manner which shall! then DO prescribe,
by the law Of this State for substitute
service; and that ifsuch company shoul'
cease to maintain such an office in thi
State, 80 designated, such process ina,
thereafter be served on the INSURANCE
commissioner alone.
! Sec. %. So long as any liability o
the STIMULATING company to any residen
of this State continues, such stipulation
cannot b. revoked or modified cxcep
that new one may be substituted so a
to require or dispense with service u
the Office, or to change the designation
Of such office.
Sec. %. Service Of process, accord
ing to stipulation under section 81
shall be sufficient personal service o.
the company.
A copy Of ench stipulation cert;6c'
by the commissioner, and his certificat
Of revocation or modification of sucl
stipulation, that company has no offic
within this State duly desiynited b.
such stipulation, and that process ha
been duly served on him, or either o
such facts, shall be sufficient evidenc
thereof
Sec. "a. When process against o
affecting an insurance company is scrv
I'd on the insurance commissioner, h
must file the same, and forthwith mai
a certified copy to the company at it
home office, postage prepaid.
Sec. Is. The term "process il
this act includes any writ, summons, o
order, whereby any action, suit, or pro
cccding shall be commenced, on which
shall be issued in or upon any action
suit or proceeding.
Sec. Is. Whenever a Judgment fn
the recovery of money has heretofore
been or hereafter may be recovered
in any of the courts Of this State or ii
any If the courts of the United State
having jurisdiction in this State, agains
any insurance company or against any
association, partnership. firm or individ
ual engaged in the business Of insur
ance, and holding certificate of author
ity therefor from The State Treasurer
| ,,nr,,, >bn l.,r, ~ tho Ctot,