Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1878-04-03
GENERAL LAWS OF WISCONSIN.
published March l6, 1878. !
rSrU

IA.
AN ACT to amend sections 81 and 80 of chapter Sc
or the general laws of 1870, entitled An act t.
provide for the incorporation and government q
fire and inland navigation insurance companies
senate and assembly, do enact as Jollo,Us
Section d. l. Section 81 of chapter Sc of the genera
Section 81 There sha be PAID reg by as eve
company, association, person persons or agent
fling the ap or Certified copy o c iees
Ter herein required the sum of twenty five dollars
five dollars; for each certificate of authority te
agents OF al companies doing business within this
his cents psaaf hea the
of m ca o w and certifying the
pine to effect Insurance under joint policy pol
pay the fees provided herein . the Il each
a eyery one wrpe SEPARATE policy policies
laws of 1870 is hereby amended SO as to read as fol.
lows: Section 49,, For the purpose of carrying
doing business in this state there is hereby estab
governor by and with the Consent 81 Of the the
qualified, commissioner Of insurance, who shall
aoId ms once Tor the term of two years from the
shall hereafter be appointed and until his successor
orp v a the a ers
upon ms duties. such commissioner Of insurance
With the secretary Of stae and he Shall Also 90
bond to the state Of Wisconsin for the penal
suiclent suretes conditioned for the faithful per-
formance of his duties, which bond when approved
treasurer. Said commissioner Of Insurance shall
have an official seal and shall employ such clerical
and other assistance as he shall deem necessary,
and at such expense he shall determine, to MANI
tam and keep such department and to enable him
Quoted, all examinations of the business and affairs
cd cd seG tat are or be rer
ion and control over insurance companies doing
r.
department, IN each year, shall not exceed the
ing such year; and, prouded, that such expenses
including compensation of commissioners, in no
dred dollars ae proviS s h that f the s1 @
of all fees over and above thirty five hundred dol
MES, by virtue Of any ;existing law Of this state
shall be paid over by the commissioned of tnsur,
d he n and
ments of his office shall be included in the annual
report of said commissioner of insurance.
Section 9, Section 80 of chapter Sc of the general
laws of 1879 is hereby amended SO as to read as fol-
be made of any insurance company by the
Of the et Said se
shall be made on such examination but for neceS-
Charges for making examnatons Of any sur a
company and all charges against any company by
be presented in the form of itemfzed BILL which
shall first be approved by the said commissioner
paid on his warrant, drawn in the usual manner
upon the state treasurer to the person persons.
amined, receiving certified copy of said bill of
charges, as audited, and paid by the secretary of
state, shall repay the amount OF the same to the
state treasurer to replace the money drawn out,
above provided for, and company examined
shall either directly or indirectly, pay by way Of
gift gratuity or otherwise any other or further
sum, to said commissioner or examiners for
vices extra services for purposes of legislation.
on any other pretenSe whatever, said commits
Sioner, examiner, or any officer clerk or other en-
ploye, of any insurance company. violating the
provisions Of this section, shall be guilty Of msde
nleanor. Said commissioner of insurance, in his
discretion shall not be required to make an eXam
nation of such companies organized outside of this
state, in states where under the laws thereof they
are similarly supervised by and u!Ider the proper
officer, in such laws provided; and such officer
shall furnish, whenever required to do SO by the
commissioner Of insurance, certificate and state
ment exhibiting the solvency of such company.
The secretary of state shall deliver to the commits
sioner of insurance all books records and papers
his Office relating to the subject of insurance
be kept and preserved by said commissioner il his
office.
Sections. The superintendent of public property
is hereby directed to provide the commissioner OK
insurance with suitable accommodations In the
capitol for office purposes, and also TO furnish him
such stationery as he may need in the performance
of his duties and he shall be furnished With neces
sary postage and blanks in the same manner as
other state officers are furnished.
Section This act shall take effect and be in force
from and after its passage and publication
Approved MarcL II, 1878.