Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1897-03-29

ixations organised or incorporated una ery
the laws or any other state " ceSnSae
which do not operate upon e nne ~ tia
act. and which limit their memno.sn n,iy,sr
the members Of some parucuiaI ia ~
class or fraternity. may pc aa ,a,a, cnm.
plying with the provisions o. ., ci ,s,i,ic
Two hundred ard thirty-seven. OF the PUBIC
laws OF eighteen hundred and eighty-nt.nnrrv;
thereof, regulating the admission ana
conduct of assessment companies. ,. al
such corporations shall be exempt d nn,ri
the PROVISIONS OF this act ana VI, s nrnv,sions
OF said statutes relating to assessment
Section il. Nothing herein contained
grand gram % or 'S SnSordinase lodges Of Masons.
Odd Fellows. knights of Pythias OF SIM mn
liar orders: organised or fncorPoa ,htcS
under , the laws q this state a nSiect he
issuance OF insurance certificates. nor
shall anything herein contained apply 10
domestic corporations or voluntary , ass o.
Citations which limit their mempersnnp 70
the employees OF a particular CITY or TOWN.,
designated firm, business house or cor.
poration; nor to domestic lodges, , orovrs
charitable and benevolent description
which do not operate with a view 70 proIi,
and which do not provide Tor i iI,a a.,
utIltut Vi IifO1c tILdH OIlt W
or sick or disability benefits of more than
one hundred and fifty dollars to any one
person IN any one year. PROVIDED Always
that any association which has more than
three hundred members and which issues
10 any person a certificate providang for
the payment Of benefits shall not be ex-
and such associations shall comply. with
an requirements of this act. The insur-
ance commissioner may require OF any
association such information rotating 70
&c m tsvn a 81 mr.
enable him to determine whether u Is
exempt from the provisions OF TINS act.
And no order or association whach IS cx-
empt by the provisions OF this section
from the requirements of this ac. shall
employ pad agents or give or allow 10
any person any compensation Tor procur-
Section Is. The insurance commits
sioner. in person or by deputy shall have
the power of visitation and examination
into The affairs of any domestic corpora
ton subject to the provisions of this act
that are conferred upon him by the pro-
visions of chapter forty-nine, provided
periodical examinations OF domestic com
panies. Whenever the commissioner Is
satisfied that any foreign association is
not paying the maximum amount named
in its policies or certificates In fun or Is
in such condition as 10 render further
proceedings hazardous TO the public or
tioe of fhe supreme judicial court for an
Injunction restraining such corporation
from the further prosecution OF its bust
ness. Said justice after reasonable notice
and hearing upon the matter may issue
an injunction restraining the company
in whole or In part from proceeding fur
ther with its business and may make
such other order and DEGREES the In
terest of the corporation and the public
may require.
ton the commissioner Is satisfied that
any domestic corporation is not paying
the maximum amount named in its polt-
cies or certificates In full or is IN such
condition as to render further proceed
ings hazardous to the public or its policy
holders or is transacting its business
frauduently: or whenever such domestic
corporation shall. after the existence OF
one year or more have q membership of
less than three hundred the insurance
commissioner may present the facts In
relation to the same to any justice of the
supreme judicial court: and said justice
shall thereupon notify the officers of
such corporation of hearing and unles,
1t shall then appear that some special
and good reason exists why the corpora
ton should not he closed. some person
shall be appointed receiver OF such cor
poration. and shah proceed at once to
take possession of the books. papers.
moneys and other assets of the corpora
ton, and shall forthwith. under the direc-
ton of the court proceed to close the
affairs of such corporation and to dis
tribute to those entitled thereto its funds.
allowed out of any funds in possession
OF the corporation or which may come
therefrom into his hands. such sum as
able and just When the affairs of the
corporation shall be finally closed. tho
court may decree a dissolution of the
same.
Section 20. Fraternal beneficiary organ.
izations. organized or Incorporated under
the laws of this state, which are trans
acting business herein upon the passage
of this act. and which limit their member
ship to the members OF some particular
order. class or fraternity may continue
visions of this act not Inconsistent here
with.
Section 81. Any corporation. association
or society. neglecting or refusing to com
ply with, or violating the provisions OF
this act shall be fined not less than fifty
nor more than two hundred dollars, upon
Section % All acts or parts Of acts in
consistent herewith are hereby repealed
(Approved March 20
Chapter :s2I.
AN ACT to amend Section five of Chap
ter twenty-five of the Public Laws Of
eighteen hundred and eighty-seven, n
amended d,, BY CHAPTER two hundred sis
and ninety-three. relating to the films
of vacancies in the Office of Truani
officers.
Section five of chapter twenty-five OF
the public laws of eighteen hundred ant
eighty-seven, as amended by chapter two
hundred six of the public laws of eight
cen hundred and ninety-three is hereby
amended by adding thereto the followin-
words: Experimenting school committees
shall have power to fill vacancies occur
ring during the year so that said sec.
ton. as amended, shall read as follows
Section S. The municipal officers shall
fix the compensation Of the truant of
ficers elected as prescribed in section
three. Experimenting school committees
shall have power to fill vacancies occur
ring during the year (Approved March 81
Chapter :s22.
AN ACT relating to Suits on Promissory
- Notes.
Section I. In any proceeding at law CT
in equity in which the amount due on 4
promissory note given for the price Of
land conveyed is in question. and total
failure of consideration would be a de-
:. Tense, partial failure of consideration
may be shown in reduction of damages.
Section 2. This act shall not affec,
pending actions, or existing causes of ac.
ton. (Approved March 20
Chapter 32:s.
OF Chapter seventy-nine of the Revised
Statutes. relating to the admission oil
Attorneys to the Practice of Law.
Section ]. Section twenty-three of chap.
ter seventy-nne of revised statutes is
hereby amended by inserting after tht
words Flaw school, in the fifth line there
of the words or has held the office of
and served as clerk of the supreme Judi
cial courts in this state for the term OF
eight years and has studied for at least
six months in the office of an attorney a,
law, so that said section, as amended