Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1895-03-29

ance unlawfully made by or through him, d.
nv as5 or IN Ssn 9,
state. Nothing herein contained shall require
duly licensed insurance agent or broker &c
OBTAIN any license for an employee doing only
clerical ONCE work in the office of said agent
seer. a. The commissioner may license any
person as broker to negotiate contracts of in.
surancc for Others than himself for a compen.
Sation, by virtue Of which license he may eifec,
Insurance with any domestic company or its
agents, or any resident OF the state to nesp-
tate such contracts and effect insurance with
the agents or any foreign company who have
been licensed to do business in this state. as
provided In sections scventv.two and seventy
three but with no Others For such license he
shalt pay five dollars, authorizing him 10 act
until the first day OF the next July. Whoever,
without such license, assumes 10 act as such
broker, forfeits 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 APP
peal to 4 justice of the supreme judicial court,
by presenting TO him petition therefor, in
term time or vacation, and Such justice shall
tiN u 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 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 filing with the commissioner a certifl-
cate OF his appointment as such agent and upon
payment OF the fee provided in this act.
SECT. IS. Every foreign insurance com.
pany, life excepted doing business in this state.
shall annually, before the first day of May. pub
lish three weeks successfully, in some daily or
weekly paper printed in every county where
1t has duly authorized agent, or issues
policies, condensed statement of its condi-
ton conformable TO its last annual report to
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 or upon
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 ap-
pear or not. Unless such Judgment is paid
within thirty days after demand. the commits
siCner 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 or any agent thereof issues any pol
icy in the state during 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 au
insurance company shall be served on the in.
surance commissioner, he shall forthwith notify
the company OF such service by letter and
within a reasonable time forward Il COPY OF
the process served on him, by mall postpaid,
and directed to the officers of the company.
For each copy of process the insurance com.
missioner shall collect the sum of two dollars,
which shall be paid by the plaintiff Mt the time
MS part of the taxable costs if he prevails in
the suit
SECT. 2. The provisions OF this act shall not
be held to be applicable to fraternal beneficiary
organizations doing business under chapter
two hundred and thirty-four of the public laws
of eighteen hundred eighty nine, US amended.
iApproved March IA.
Chapter %.
AN ACT TO amend chapter one hundred and
forty-six of the Public Laws OF eighteen
hundred and ninety-three, relating TO the
Taxation of Collateral Inher.tances.
SECT. |. Section one OF chapter one hundred
and forty-six of the public laws of eighteen
hundred and ninety three, is hereby amended
by inserting after the word "decedent" and
before the word " shall" in the eleventh line
tional, charitable or benevolent institution in
this state so that said section as amended,
shall read as follows:
SECT. 1. 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 or by the interstate laws Of
this state, or by deed. grant, sale or gift made
or intended to take effect in possession or en-.
joyment after the death of the grantor, to any
person in trust or otherwise, other than to or
ff,t. f,n nj hn m
wife, lineal descendant adopted child, the
lineal descendant of any adopted child, the
wife or widow OF a son or the husband of the
daughter of Il deccdent OF any educational,
charitable or benevolent institution in this
state, shall be liable to IA tax of two and a half
per cent of its value, above the sum OF five
hundred dollars, for the use of the state, and
all administrators, executors and trustees, and
any such grantee under n CONVEYANCE made
during the grantor's life shall be liable for all
such taxes, with lawful interest as hereinafter
provided until the same shall have been paid
as hereinafter directed
SECT 9. The foregoing amendment to sec
ton one shall apply to all such taxes now
unpaid.
SECr. 8. Section of said chapter is here
by amended by inserting after the word
"blood" and before the word :" the " 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 words sixty days after the death OF the
testator ;" In the lines seven and eight ana by
three months after the appointment OF the
executor also by inserting after the word
"testator " in the twelfth line the words Or
within such further time as the judge of pro-
bate may allow so that said section as
amended, shall read as follows:
SECT. 2. Whenever any person shall be-
queath or devise any property to or for the use
of the father, mother, husband, wife, lineal
descendant, an adopted child, the lineal de-
scendant of an adopted child, the wife or
widow of a son, or the husband of II daughter
during life or for term of years, and the re-
mainder to a collateral heir, or to a stranger
to the blood other than an educational, chart
table or 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.
vided and deducted, together with the sum OF
five hundred dollars, from the appraised value
of such property, and said tax on the remain
der shall be pay able within one year from the
death of said testator, or within such further
time as the judge of probate may allow, and,
together with any interest that may accrue on
the same, be and remain lien on said prop
erty until paid TO the state"
SECT. 4. Section four OF said chapter Is
hereby amended by striking out in the third
and fourth lines of said section, after the word
"within," the words one year from the death
of said testator, or intestate, or the quallfica-
ton of said trustee" and substituting in the
place thereof the words thirty days from the
date OF the DEGREES determining the amount
thereof so that said said section when amend
ed, shall read as follows:
SECT. 4. All taxes imposedb by this act shall
be payable to the treasurer OF state by the
executors, administrators, or trustees within
thirty days from the date of the DEGREES deter
mining the amount thereof. and IL the same
are not so paid, interest at the rate of nine per