The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-02-28

/
company not authorized to do business in the
/ state. Nothing herein contained shall require
a duly licensed insurance agent or broker to
clerical office work i'll the office of said agent
| OF broker.
| SECT. IA. The commissioner may license any
person as broker to negotiate contracts of in
| surance for others than himself for IL compen-
sation, by virtue of which license he may effect
insurance with any domestic company or its
agents. or any resident of the state TO nego-
tiate such contracts and effect insurance with
the agents oil any foreign company who have
been licensed to do business i'll this state, as
provided in sections seventy-tWo and seventy
three but with no Others. For such license he
| shall pay five dollars, authorizing him to act
until the first day OF the next July Whoever,
without such license, assumes to act rs such
broker, forfcits 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
broker at any time by giving such agent or
broker written notice thereof. When the COM
sioner revokes the license of any insurance
agent or broker, such agent or broker may ap-
peal to justice of the supreme judicial court,
| by presenting to him petition therefor, i'll
term time OF vacation, and such justice Shall
fix q time and place of hearing which may be
at chambers and in vacation, and cause notice
thereof to be given to the commissioner, and
after the hearing he may confirm or reverse the
decision of the commissioner; and the decision
| OF such justice is final. The commissioner
shall have power to revoke the license of any
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 us hereby amend
ed. The commissioner may issue q license to
any person to act as an agent OF any assess
ment life or casually insurance company or
association, or steam boiler insurance com
| pany authorized to do business in the state,
upon his filing with the commissioner certiti-
cate OfhiS appointment as such agent and upon
payment of the fee provided in this act.
| SECT. IS. Every foreign insurance conf
pany life excepted, doing business in this state
shall annually, before the first day of May, pub
l1sh three weeks successfully, in some daily or
weekly paper printed in every county where
1t has a duly authorized agent or issues
policies, a condensed statement of its condI-
ton comfortable to its last annual report to
the commissioner, and any such insurance
company which neglects or refuses to publish
such statement, forfeits not less than fifty
dollars.
.SECT. SO. Any person having claim against
any foreign insurance company, may bring q
trustee action or any other appropriate suit
therefor in the courts of this state. Service
made upon the insurance commissioner orupon
any duly appointed agent of the company
within the state shall be deemed sufficient ser
vice upon the company, and the Judgment rem
dered therein shall bind the company as valid
IN every respect, whether the defendants APP
pear OF not Unless such judgment is paid
within thirty days alter demand, the commits
slGner may on notice and hearing of the par
ties, suspend the power of the company to do
business in this state until it is paid and if the
company OF any agent thereof issues any pol
icy in the state curing such suspension, said
company and agent each forfeitS not exceeding
one hundred dollars; but any policy so issued
is binding on the company in favor of the
holder. Whenever lawful process against an
insurance company shall be served on the in
snrance commissioner, he shall forthw it'll notify
the company of such service by letter and
within reasonable time forward copy of
the process served on him, by mail, postpaid,
and directed to the officers of the company.
For each copy of process the insurance cont
missioner shall collect the sum OF two dollars,
which shall be paid by the plaintiff at the time
of the service, the same to be recovered by him
as part of the taxable costs if he prevails in
the suit
SECT. ?. The provisions of this act shall not
be held to be applicable to fraternal beneficiary
organizations doing business under chapter
two hundred and thirtg-tour of the public laws
of eighteen hundred eighty.nine, as amended.
iApproved March a.
Chapter SO.
AN ACT to amend chapter one hundred and
! forty-siX of the Public Laws of eighteen
| hundred and ninety-three, relating 10 the
| Taxation Of Collateral Inher.tances.
SECT l. Section of chapter one hundred
and torty-siN OF the public laws of eighteen
! hundred and ninety three is hereby amended
before the word g shall - in the eleventh line
of said section, the following or any educa-
tional, charitable or benevolent institution in
this state that said section as amended
shall read as follows:
SECT. /. All property within the jurisdiction
of this state, and any interest therein, whether
belonging to Inhabitants of this state or not
and whether tangible or intangible, which
Shall pass by will OF by the interstate laws OF
this state, or by deed, grant, sale or gift made
| or intended to take effect in possession or en-
! joynient after the death of the grantor, to any
| person i'll trust OF otherwise, other than to OF
for the use of the father, mother, husband
wife, hneal descendant, adopted child, the
lineal descendant of any adopted child, the
wife or widow OF a son or the husband of the
daughter of decedcnt, OF any educational
charitable or benevolent institution in this
state, shall be liable to IL fax of two and hall
per cent of its value, above the of five
hundred dollars, for the use of the state, an(
all administrators, executors and trustees, an(
any such grantee under q CONVEYANCE made
during the grantor'S life shall be liable for al
such taxes, with lawful interest as hereinafte
provided until the same shall have been pait
as hereinafter directed.
SECT 2. The foregoing amendment to sec
ton one shall apply to all such taxes nov
unpaid.
SECT. g. Section twoof said chapter is here
by amended by inserting after the wore
=" blood" and before the word So the - in TIN
seventh line of said section the words othe
than an educational, charitable or benevolen
institution in this state,' also by striking GU
|, the words sixty days after the death Of tn
testator " in the lines seven and eight and b,
inserting in lieu thereof the words With
three months after the appointment of tn
executor also by inserting after the wor,
"testatoT in the twelfth line the words O
WltIln SUCH IufIuer ulQe as the Judge OF pro
bate may allow so that said section a
amended, shall read as follows:
SECT. 3. Whenever any person shall be
queath or devise any property to or for the us
, of the father, mother, husband. wife, hnea
descendant an adopted child, the hneal de
: scendant of an adopted child, the wife o
widow of a son, OF the husband of a daughte
during life for term of years, and the re
nainder to a collateral heir, or to a strange
to the blood, other than educational, CHAIR
table or benevolent institution in this state, tn
| limo nf hp ,l,,n1 chajl yyit th1.D
months after the appointment of the execute
be appraised in the manner hereinafter pro
vided, and deducted, together with the sum o
five hundred dollars, from the appraised value
of such property, and said tax on the remain
der shall be payable within one year from tn,
death of said testator or within such Ifurthe
time as the judge of probate may allow, and
together with any interest that may accrue OF
the same, be and remain lien on said prop
erty until paid TO the state"
SECT. 4. Section four of said chapter
hereby amended by striking out in the thirt
and fourth lines of said section, after the wore
'withn,' the words " one year from the dealt
of said testator, or intcstate, or the qualifica
ton of said trustee" and substituting in tn
place thereof the words thirty days from thu
date of the DEGREES determining the amour
thereof, so that said said section when amend
ed, shall read as follows
SECT. 4. All taxes imposed by this act shall
be payable to the treasurer of state by tn
executors, administrators, or trustees within