Minnesota stats tidning. (Minneapolis, Minn.) 1877-1882, 1877-11-08

,sklandinaveeirns i Spring: Garden. Chi!
saeo' Lake och Carver m. a. bilt1a en-
skandinaYisk brandstod sf6rening,g
far undertecknad harmed yanligenl
,anhalIa det Nj ffleSis eder. arade
tidning upply Handle: = -
3o?tSHvad ,f6resk fNen allmanna lagent
for dylika .fFsningar e. Hyad har
man att iakttaga for att fa densaln.
ma lagligen nkorporerad !? s1t''ts -ss''', ,
stfR i:;,I3EaT aal} / T}3ls;&1 Fyfe}EG.H. )
i Enligt en- lag. stadfastad den Ode:
Mars 1875, kunna iett antal personer,
(ej mindre IAN 25) som boi Stamina
eller angransande towns, organisera
ett boiag FOR t6msesidig forsakring
af deras egendom mot skada genom
,e1dsvada och ljungeld. Det 'gemen..
samnafgs egend domsvarde som de On
ska f6rsakra, 1mnaste vara minst $25,.
900. 2 ~ 4: s:'t'';' SO 1;<'' }'Sz@
Lsgen omfattar endast f6ljande
counties: Goodhue, Dakota, Fill.
more, Steele. LIE Sueur, Freeborn's
Whrigt, Chisago,j Pine. Kanabee,
Meeker, det siunde senator.distrik'
tet Winona SAINT hela Dodge. &.
vi delgifva f0liande; cirkular
fran statens assurans.kommissarie.
hvaraf framgar. att de- som 6nska
bilda dyllka bolag, kpnna, genom att
hanvanda sig till honom, erhalla en-
broschyr som fullt afhandlar lagen,
jemte fullstandiga blanketter och
andra f0rhallningsregler.
vi uppmana vara 1andsmani lands
orten att omfatta tillfallet och orga:
nisera egna bolag. =. De skola darige.
nom spara stora penningesummor.
och -ej riskera att f0rlera genom
frammande bolag. ! ''s'@.F Red. =
Department of Insurance.
'.s,:'. ST. PAUL, MINI, Jan. 10th 1877.
The Legislature Of. this State having enacted a
law providing for and authorizing the formation Of
9th, 1876, und embodied therein section (No. ~
providing that all companies organized thereun-
der, shall be held to compliance with the prov
isons Of title three Of the general reciprocal nsur-
ance law of the State, so far as the same are ap-
plicable thereto; and the undersigned having been,
in the course of his official duties, requested to de-
eide what portion Of said title three will be held
applicable to companies organized under the town
ship law, deems it his duty to endeayor to interpret
said laws in relation to each other, and to lay
down q rule for the guidance Of companies organ
izing under said township law, and those already
IL may. be stated first, that the two acts are
largely at variance the one especially prohibiting
certain things which the other especially author
ICES, and that this variance and lack Of harmony
between them make it difficult to determine just
ed by the general laW-how far 1t is applicable to
Them But the Legislature having determined
that these companies must come under the super
vision of the insurance department to that extent,
method Of doing business will admit, it remains
only for the department to rule upon the appEcab-
ity of the provisions Of title three Of the general
law to them. Therefore, after fully considering
the premises, the following sections and parts Of
sections of said title three have been held to apply
to said township companies, and compliance
Herewith on their part will be duly required.
FIRST. Section 3, which requires the declar-
alton of organization to be submitted to the At
torney General for his approval, and not to be op
erative until so submitted and approved.
SECOND Section 4, SO far as it relates to invest
ment Of cash accumulations.
THIRD. Subdivision Of section 6, which re-
quires each company before doing business, to pro-
cure from the Insurance Commissioner certificate
that it has complied with the law applicable to it,
FOURTH. Section 8, requiring companies to
publish their locations in all their ADVERTISEMENTS
and section 9, which defines what real estate they
may own; and section II, which imposes penal
ties for violating the law in regard to publishing
false statements, and otherwise
Section ~ which re0OireS m animal
statement to be made to the Insurance Commissio-
ner and the same to be published; and section 13,
which specifies what said statement shall contains
also sections H. Is, 16,. y, ls, 10 and 20 having
reference to the same subject matter.
There are other portions Of title three which un-
der certain circumstances shonld be held, probab-
ly, to applyito the township companies, but these
circumstances not being ikeley to arise, 1t is not
worth while to make further construction of its
application at this time.
!, Pamphlet copies Of the insurance laws of the ne
State and suitable blanks for the organization Of
township companies and blanks for the the annu-
al statements required of said companies, can be
had at this office on application.
<" a. A: r. McGil,
Insurance Commissioner: