Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1880-04-01
TIE HERALD.
Laws Of Wisconsin
Published March II 1881. !
CU nTCn Ga

Published March u iss9.1
CHAPTER go.
AN ACT to prohibit unauthorized compan-
les and agents from transactlng the BUSH
ness of insurance in this state, and relat-
ing to the department of insurance.
The people of The state Of Wisconsin repre-
sented in Senate and Assembly, do enact as
follows:
Section /. The commissioner of insurance
may address inquiries to any insurance cor.
porations doing business in this state, or Of.
fcer, in relation to its doings or condition or
any other matter connected with its transact
lions, and it shall be the duty of every cor
poration or officer so addressed, to promptly
reply in writing to such inquiries; and, when
ever he shall deem it expedient so to do, or
when any responsible person shall file with
him written charges against any such cor
poration, alleging that any return of state
meat filed by /: with such commissioner of
insurance is false, or that its affairs are in an
unsound condition, he shall, in person, or by
some one to be appointed by him for that
purpose, not an officer or agent of, or in any
manner interested in, any insurance corpora
tiOn doing business in this state. except as
policy holders, examine into its affairs and
condition; and it shall be the duty of the
corporation, its officers or agents, to cause
their books TO be opened for inspection, and
to pay all reasonable expenses of, and COM
pensation for, such examination, upon the
certificate and requisition therefor of the said
commissioner; which expenses, however,
shall not exceed the sum of FIVE dollars per
day during the time Of the examination and
I'VE cents per mile for travelling by the most
direct route IN going to or coming from the
place where such examination took place; but
no corporation examined, shall either direct
y or indirectly pay, by way of gifts, gratuity
Or vsuvTwIsr, auy Urner or Idrtnef sum 10
said commissioner or examiner for services,
extra services, or for purpose of legislation,
or ON any other pretense whatever. ANY
commissioner, examiner or any officer, clerk
or employe OF any insurance company yiolat~
ing the provisions OF this section shall be
guilty OF misdemeanor d whenever it
shall appear to the said commissioner of in
surance, from the report of the person APP
pointed by him, that the affairs of any compi-
ny not Incorporated by the laws of this state
are IN an unsound condition, he shall revoke
the certihcate granted in behalf of such CON-
pany, and shall cause o notification thereof
TO be published in the official state paper.
mail copy thereof to each agent of the
company, and the agent or agents of such
company, after such notice, shall be required
to discontinue the issuing Of any new policy
ana the renewal of any previously issued.
The commissioner of insurance shall in like
manner and upon like conditions examine in,
surance corporations applying for admission
10 transact business in this state, and if the
affairs or condition of any such corporation
are not such as to fully meet the REQUIRE.
ments of law, he shall withhold his certificate
Section 2. All examinations of insurance
corporations OF this state, and of life and ac-
eldent corporations, shall be made as now
provided by the revised statutes.
Section 8. No corporation transacting the
business OF fire Insurance in this state. not
incorporated by the laws of this state, shall
write or cause to be written, any policy of
insurance situate in this state, except by or
through duly authorized agent of such cor
poration licensed by the commissioner of in
surance, or at the personal request or appli,
cation of the person who desires to effect in
surance on his own property.
Section 3. No officer Tor brokerl agent or
sub-agent of any insurance corporation of
any kind, except town insurance corporations
OF this state, shall act or aid in any manner
IN transactng the business of or with such
corporation, in placing risks or effecting In,
surance therein, without first procuring from
tue commissioner of insurance a certificate of
authority as provided by law, nor after the
period named in such certificate shall have
expired. Every person violating the provis.
IONS OF this section shall be guilty of INSIDE
meanor, and be punished by a fine of not
less than fifty nor more than FIVE hundred
dollars for each offense.
Section 8. Whoever solcits insurance on
behalf OF any insurance corporation or prop.
erty owner, or transmits an application for
insurance, or policy of insurance (other
than hlmselt), to or from any such corpora
uon, or who makes any contract for insur-
ance. or collects any premium for insurance.
OF III any manner aids or assists in doing eth
er, or IN transacting amy business Of like na>
lure Ior any insurance corpo ration, or adver,
tlses to do any such thing, shall be held to be
an agent OF such corporation to all intents
aud purposes, unless it eau be shown that he
receives no compensation for such purposes.
Section 6. 1t shall be the duty of the
commissioner of insurance, when he deems
the evidence sufficient, to prosecute or cause
to be prosecuted, all violations of the insur.
anee laws OF the state and for the purpose
OF defraying the expenses of the department
OF insurance and compensation of the com.
shall b paid annually to the commissioner of
insurance by insurance companies not organ
| lied under the laws of this state. one dollar
| by life and accident insurance companies NOT
organized under the laws of this state. one
dollar, and by ire and marine insurance
companies not organized under the laws OF
this state, two dollars, for each certificate
issued by him to the agents of such compan-
les not organized under the laws of this state
two dollars, for each certificate issued by
Nun to the agents of such companies during
the year pror.ded, that the several sums
aforesaid to be paid to the said commission
er OF insurance, shall be fully and accura tely
accounted for by him each year the accom-,
whereof to be separately stated in the annual
report of said commissioner, and whenever
such sums as aforesaid to be received by him
under the provisions of this section, shall ex-
coed the sum OF FIVE thousand dollars shall
be paid over the sum of FIVE thousand dollars
IN any one year, such excess over the sum OF
| Eve thousand dollars shall be paid over to
the treasurer of the state OF Wisconsin and
be credited to the general fund; and which
sums aforesaid amounting to, or less than
| five thouand dollars, shall be in lieu of all
compensation now allowed by law, both for
salary and for all expenses of the department,
of insurance. 1t shall be the duty of the
commissioner OF insurance to tabulate and
publish in his annual report, the statistics
given in the reports of town insurance com.
panies also to give the name and location Of
each company, together with the names OF
its officers, and to furnish the secretary there.
OF with copy of each annual report
Section T. All acts or parts of acts in.
consistent with the provisions of this act are
hereby repealed.
| Section g. This act shall take effect and
be in force fro1i and after its passage and
| publication.
Approved March Is, 1880
Published March le.lsso
CHAPTER l9I.
AN ACT to amend section three thousand
! three hundred and sixty eight of chapter
| one hundred and forty-fve of the revised
statutes of 1878 in relation to appeal