The Republican journal., 1895-12-26

ssaaS1 unl0Wfully made by or through him. OIL
coMPanY not authorized to do business III the
s'a. III, Nothlng herein contained shall require
ohtan any Mcon1 insurance agent or eroker %
clerical Office work in the Office of said agent
OF broker.
SECT. IA. The commissioner may license any
person as broker to negotiate contracts of ill.,
surance for others than himself for a compen-
satiOn, by virtue of which license he NAV effect
insurance with any domestic company or its
agents; or any resident Of the state ia neeO-
tiate such contracts and effect insurance with
the agents Of any foreign company who have
been licensed to do business in this state, as
provided in sections seventy-two and seventy
three but with no others. For such license he
Snail pay five dollars, authorizing him to act
until The first day OF tie next July. Whoever,
without such license, assumes 70 act as such
Drokcr, tolfeits not more than fifty dollars, Or
by imprisonment not more than sixty days for
each offence. The insurance commissioner may
revoke or suspend the license of any agent or
Droker at any time by giving such agent OF
broker written notice thereof. When the com
sioner revokes the license of any insurance
agent Or broker, such agent or broker may APP
peal to a justice of the supreme judicial CONT
by presenting to him petition therefor, in
term time or vacation, and such justice shall
hX time and place of hearing which may be
q, cnampers and IN vacation, and cause notice
thereof to be given to the commissioner; and
after the nearing he may confirm Or reverse the
decision OF the commissioner; and the decision
OF such justice is final. The commissioner
foreign insurance company authorized to do
business in this state that shall neglect or re-
fuse to comply with the laws thereof, or that
shall violate any OF the provisions of sections
seventy-two and seventy-three OF chapter forty.
nine Of the Revised Statutes as hereby amend
ed. The commissioner may Issue a license TO
any person to act as an agent of any assess
ment life or casualty insurance company Or
association, Or steam boiler insurance com
pany authorized to do business in the state,
upon his fling with the commissioner cert IL
9 Gr1n II a Il
payment OF the fee provided in this act.
SECT. ss Every foraign insurance COM
pany, life excepted, doing business in this state,
shall annually, before the first day OF May, pub
hsh three weeks successfully, in some daily or
weekly paper printed in every county where
II has duly authorized agent or issues
policies, condensed statement OF its cOndi-
ton contorn,abe to its last annual report to
the commissioner, and any such insurance
company winch neglects OF refuses to publish
such statement forfeits not less than tiftv
dollars.
SECT. 49, Any person having a claim against
any foreign insurance company, may bring a
trustee action or any ether appropriate suit
therefor IN tho courts OF this state Service
made npoD the insurance commissioner or upon
any Gully appointed agent of the company
Within the state shall he deemed sufficient SER
vice upon the company, and the Judgment rem
dereN therein shall bind the company as valid
in every respect, whether the defendants ap.
pear pr not. Unless such judgment is paid
within thliry DAYS alter demand the commits
si0ner may on notice and hearing Of the par
ties, suspend the power OF the company to do
business i'll this state until it is paid and if the
company or any agent thereof issues any pol
Icy III the state curing such suspension, said
company and agent each forfeits not exceeding
one hundred dollars: but any policy so issued
Is binding On me company in favor Of the
holder. Whenever awful process again st an
Insurance company shall be served or the in
siiraAce commissioner, he snail forth with notify
the company OF such service by letter and
within reasonable time forward IL COPY OF
the GIOCGSa served him. hy mail.
and directed to the officers OF the company.
For each copy OF process the insurance el;ll-
missioner snail collect the sum ot tyo dollars.
which shall be PAID by the plaintiff :lI the time
81 the service. the same TO he recovered by aim
part Of the taxable costs if liz prevails III
the suit
be held to be applicable TO rrateIllal beneficiary
organizations doing business nnt.er chapter
two hundred ait. thirty lour Of tue public i,ws
OF eighteen hundred elghty-nille, IS amended.
Approved March i4l
Chapter SO.
AN ACT 10 amend chapter one hundred ana
TCrty-stN Of the Public Laws If eighteen
hundred and ;4inety-three relating to the
Taxation OF collateral fnheritances.
SECT. j. Section one of chapter Ole hun ircd
and 1uriy-siN OF the public laws Of eighteen
hundred and ninety three, is hereby amended
before the word 4 shall 3" in the eleventh lire
Of SAID section, tie following OF any etlueae
tional, charitable or benevolent institution III
this state, SO that said section amended,
shall read as follows
SECT l. All property within the jurisdiction
OF TIL, state, and any Interest therein, whether
belonging to inhabl tanl5 of this state or not,
and whether tangioit. or intangible, which
stall PASS by viii OF by yhe int9state laws vi
this s1a.e, or by deed, grant, sale Or gift made
OF intended TO take effect IN possession VI en-
joynnGnl after the death OF the glantor, to an Y
reIsall III trust or Otherwise, other than to OF
tor the use Of tho father, mother, husband,
wife. lhcal descendant, adopted child, the
lineal descendant Of any adopted child, the
wife Or widow of I. sen OF the husband OF the
tiaughtc OF q decedent, OF any educational
charitable OF benevolent Institution In thu.
state, shall be liable to . tax Of two and Z half
per cent ct its value, above thH sum OF i've
hundred dollars, for the use OF Tile state, anu
all administrators, executors and trustees, and
any such grantee under a conT cvance made
during the s5fantors lie shall be liable tor all
such taxes, with lawful interest as hereinafter
provided until the same shall have been paid
as hereinafter directed.
SECT 2. The foregoing amendment to sec
ton one shall apply to all such taxes now
unpaid.
Seer. 8. Section two of said chapter is here
by amended by inserting after the WORD
| "blood'' and before the word the I in the
seventh line of said section the words Other
than an educational, charitable or benevolent
Institution in this state, also by striking out
the Worts " sixty days alter the death OF the
testatpr in the lines seven ana eight and by
| inserting in lieu thereof The words within
three months after the appointment OF the
executor aao by inserting after the wore
:: tastAtcI III the twelfth line the words OF
within such further time as the Judge OF pro
bate nay allow that said section a;
amended. Shall read as follows:
sSECT- ). Whenever any person shall be
auea.h OF devise any property TO Or for the ust
OF the father, mother, husband, wife, Inca.
descendant, an adopted child, the hneal de
scendanI OF an adopted child, the wife Of
widow Of son, or the husband o. daughte,
during life OF fer term Of years. and the re
| mainder to a collateral heir, or 10 = stranger
to the blood, other 1han an educational, CHAIR
table OF benevolent institution in this state, the
value OF the prior estate shall, within three
months after the appointment Of the executor
be appraised in the manner hereinafter pro
videa. and deducted together with the sum Of
five hundred dollars, from the appraised value
! of such property. and said tax the remain
der shall be payable within one year from the
death Of said testator, or within such Ifurthe.
time as the judge or probate may allow, and
together with any interest that may accrue OIL
! the same, be and remain q lien on said prop
erty until paid 10 the state"
SECT. a. Section four Of said chapter 1;
hereby amended by striking out i'll the third
and fourth lines Of said section, after the word
Within" the words :. one year from the deatL
OF said tcstator, or interstate, OF the qualitca
ticn Of said trustee and substituting i'll the
place thereof the words thirty days from the
date Of The DEGREES determining the amount
thereof SO that said said section when amend
CO. shall read as follows: