The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1894-06-27
CHAPTER Tx.

An Act defining fraternal beneficial and re-
lief societies and their status. authorizing
them to create subordinate lodges and to
pay benefits upon the sickness, disability or
death of their members from funds collect
ed by dues and assessments therein. provld-
ed for their registration In the Office of the
insurance commissioner, and requiring that
they shall make annual reports TO him. and
eXcmptinR them from taxation and from
the supervision of the insurance commits
sioner.
l. Be 1t enacted by the Senate and General
Assembly of The State of New Jersey, That
II shall be lawful for any corporation. society
or voluntary association now or hereafter
formed organized and carried on for the sole
benefit of its members and their benehcafies
and not Tor profit, to have and create subor
dlnate lodges with ritualistic form of work
and representative form OF government.
and To issue certificates of membership,
make provision for the payment OF benefits
in case of sickness, disability or death of its
members subject to their compliance with
its constitution and laws in which the fund
from which the payments of such benefits
shall be made, and the expenses of such as
ISOLATION shall be betrayed and shall be de-
rived from assessments or dues collected
from its members and in which the payment
of death benefits shall ne to families. heirs
blood relatives, ailianeed husband or afhanced
wife of or TO persons dependent upon the
member; such corporation, society or volun
tarS association now existing, or hereafter
formed or organ lied. and be and Is hereby de-
clared to be "A fraternal beneficial society and
shall be governed by this act and shall be eX
empt from the provisions of the insurance
laws of this state and no law hereafter
passed shall be applied tothem un ess they be
expressly designated therein; all funds of
such fraternal beneficial societies shall be
exempt from the state tax on money at tn-
tcrest.
2 And be IT enacted, That within sixty days
after HE passage of this act all supreme
or grand or otheI bodies which may he
known to constitute the head of any frat err
nal beneficial society doing business within
act shall file through its proper officers or
representatives with the insurance commits
sioner, a copy of their constitution and gener-
al laws and annually any alterations changes
OF amendments. whose duty II shall be TO
register them without charge in the insur-
anoe department us fratcrnal beneficial so
ceties, and when 80 registered, they shau ne
exempt from any aud all fees and taxes I'M
posed by existing laws upon insurance com
panies reporting to said department
g. And be IL enacted, That the executive
officers OF each such supreme or grand lodge
of any fraternal beneficial society doing BUS
iness in this state shall on or before the nrst
dny of March of each year. make report UNI
der oath on Il blank TO he provided by the
insurance commissioner, which report shhl
be printed ~ II part of his annual report, or
the operntions of said society In this state,
FOR the preceding fiscal year ending Decem-
Der thirty first in form as follows;
1.
Name of the society or association, with its
principal office or place OF business.
IL. INCOME.
First Annual dues;
Second. Assessments;
Third All other sources,
Fourth. Total income during the year
III. EXPENDITURES.
| First. Losses and claims paid;
Second. Salary and other compensation Oh
| officers;
Third. Rent;
Fourth. Once expenses;
| Fifth. All other expenditures
W. ASSETS.
First Real estate;
| Second. Loans on mortgagesi ,--,-.
| Third. Bonds and stock owned absolutely )
| Fourth. Cash in Office or bank;
| Fifth. Due from members on assessmenu
| called or pending collections;
| sixth All other assets tstating characterp
V. LIABILITIES.
| First. Losses and claims unpaid
| Second Salaries due and unpaid;
Fourth. Xii other liabiities Stating charac
teri
VI EXHIBIT OF MEMBERSHIP.
First, Total members in good standing De
| cemher thirty-iirst one thousand - nun
| dre1 and -; number, -.
Second. Total number of members receives
/ by initiation or re admission during the year
THIRD Total number, -.
/ Fourth Deduct members retiring by with
| drawal or suspension during the year; mum
her, -. 49,,
/ Fifth. Deduct members who have died dur
ing the year; number. -.
Il Sixth Total members in good standing dc
/ cember thirty first, one thousand -- nun
| dred and -; number, -.
| 4. And be II enacted That any fraternt
beneficial society failing TO register as IT
| uuired by the second section OF this ac
or TO make the report required by IN
third section OF this act IL prohibite
from doing business In this state, an
u Tho officers of societies violating these II
uuirements shall be deemed guilty or mi
dememnor and upon conviction shall be fine
NOT exceeding one hundred dollars for enc
| oifense; provided always, that nothing IN tn
net shall be so construed rs to give the insu
ance commissioner any supervision OF III
fhority in any matter or thing whatsoevt
Dertainiag to the business of any fraterni
society as prescribed In the first sect ion OF IN
act other than is expressly provided for
the secoi d and third sections hf reof; and pre-
yIded further, that all beneficial and rellei a
soclations formed by churches socletlc
classes firms or corporations with or wlthol
ritualistc form of work, the privileges an
membership in which are confined to II
and to the members and employees OF SUE
= | firms or corporations, shall be exempt tro
! the provisions of this act; and provided IN
Their that this act shall not apply to any
: cret fraternal beneficial society. order or u
: ISOLATION which has for one OF its objects Il
$ payment of IA sum not exceeding certa
) amount at the expiration of fixed period.
Il 5. And be il enacted, That this ACT shall ia
!, effect Immediately.
I Approved April %, 1871