Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1883-04-12

approved March Is. ls,3
Chapter l36.
AN ACT TO amend section forty four, Cbartec
forty nine of the Revised Statutes. relating TO
insurance.
Be it enacted, &c, as follows:
SECT. /. section tprty-tour, chapter fOTty-rine,
Of the revised statutes a. amended ny chapter Xix
y-three, acts OF eighteen hundred and eighty-pne,
is hereby amended so a TO read a. follows
'SECT. - An insurance commissioner shall be-
appointed by the governor and council. who shall
hOlt hi- office three years, unless sooner removed
hut shall not, ~ the same time, bc examiner OF
banks His Office shall be ut the state capital dur
ing the sessions OF the Legislature. The salary Of
the Insurance commissioner -hau he tn hundred
collars rerannrt IN ran tor services, ia}ab-r guar
terly Us tie state treasurer the first dry Of lnu
ary April. July and October II each year.
The governor and council may allow such reason
abe sum tor postage and actual expense incurred
in enforcing the laws relating to insurance, a. they
deem proper The insurance commissioner may adj
minister Uaths III the performance OF hi> cItfial
duties, in any part OF the state and at any tine,
He shall keep correct account of all Lis doings.
and OF all fees and moneys received by him, by yir
tue Of his office and pay the same over 20 the state
treasurer, quarterly, and at the time settle
his accounts with the governor and council. He
SHAH give bond to the treasurer In the sum of FIVE
thousand dollars, for the faithful discharge Of his
duties
SECT y Chapter sixty-three Of the acts Of e. Chit
cen hundred and eightvone, is hereby repealed,
except for the settlement of matters already affect
ed by it.
SECT. g. This act shall take effect when proved
Approved March Is, 1sS3.
Chapter 231.
AN ACT to amend the second specification OF
ton six Of chapter six of the Revised Statutes, re-
iating TO taxes.
BE IL enacted &C., follows:
SECT. /. The second specification u section six
OF chapter six of the revised statutes is hereby
amended by adding thereto the following: and
corporations whose property or funds in excess of
their ordinary expenses held for the rlief the
sick, the poor and the distressed of widows and
orphans or to bury the dead are benevolent and
charitable corporations within the meaning Of this
specification without regard TO the sources from
which their funds derived, to Limitations
the classes of persons for whose banehc the finds
applied, except that much of the resl estate
of such corporations is not occupied by them tor
their purposes, shall be taxed in the munich
pality in which is situated, that said specfca-
lion amended shall read "a follows:
Second. All property, which by the articles of
separation is exempted from taxation: the real and
personal property OF all literary institutions and
the real and personal property of all benevolent,
charitable and scientific institutions Incorporated by
this State; and corporations whose property or
funds IN excess OF their ordinary expenses are held
for the relief of the sick the poor the distressed
or of widows and orphans, to bury the dead are
benevolent and charitable corporations within the
meaning OF this specification without regard to the
sources from which their funds are derived, or to
limitations in the classes of persons for whose
benefit the funds are applied, except that 80 much
OF the real estate OF such corporations is not &C.
cupied by them for their own purposes, shall be
taxed in the municipality in which it is situated
SECT. 2. This act shall take effect when approyed
GApDroyad