The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-12-08
TIE INSURANCE LAW.
what Is Necessary to Get License
to Do Business.

to Do business.
Austin. Texas December G.--The follow
ing is the text Of TIRE Instructions 10 rep
regentatives IL insurance companies being
sent out by Commissioner Johnson for 1898,
with regard 70 the law governing The OBJ
tanning or license to do BUSINESS in the
State:
Sir Before license can issue you must
Me the following named papers and send
cheeks fer taxes and fees;
], Annual st,tt.ment OF the company's
condition en- the Sist day of December .IeSt
preceding the date OF application, duly at
tested by the pre4pieut and secretary, CIR
by tho vice pi eSident and secretary, ,lndes
tAeir oath.
:. Letter of attorney empowering 4 resi-
dent citizen of this State to accept SER
vice or be served with PROCESS, signed by
the principal officers and Impressed with
the seal OF the company. tRlank furnished.)
Ia Ups case OF foreign company, Elch let-
ter OF attorney must either hs duly exc
cated at the home office. before an Arueai
can csnsui or by any attorney Of the ,om.
pany IN this country vito may be author
Yea 10 40 SO IN virtue Of a clgige OF sub
stHution permitting 1t; and in pnat case
the Batter Oh attorney so executed shouii
be 0ccomDanied by u certified copy OF the
a notary public.
3. Certinoase of tho officer having super
vision III insurance, that lie company Gas
o.mpileil with all the laws OF the STATE N
whilh 1t was organized. and that 1t is en-
tltlei h do business therein. ('Ce rtlficl,e
of CGmpliance.D
L. Cll'tn. cate OF deposit by the lawful
demos 1oTy, TO be furnished by every .or-
eign company, showing the amount de-
po95ted In the Unlted STATES anu neid III
tia4si, for Ne security of United States pol
icy holders.
by the company for the current year
Names AMI residences should be fully and
accurately given. (Blank furnished
q. Affidavit that sAid company mas not
written, signed. countersigned or delivered
amy pslicy or contract of insurance on
preperty situated in the State of Texas,
save Through a r1seularly commissioned and
licensed local agent of said company.
IlAXEs AND Fees
Annual State occupation tax Cfire), 4 Of
per cent on gross premium Iecop,s
Annusi state occupation taS (mar.ne,
1--we stock, guarantees eG acodenD. ! per
cent on grclss pr mlum receipts
Fee for filing annual statement ....... 20
ne for eeltllfoate of authority .....
Zee for comics OF certiflcate of agent
tshchl ,..',.,,.... OBSERVATION-DISCLOSURES. l
Fee for certificate OF compliance (for
EhihACT bROM TAX LAWS.
ep.n reus.pt py RIM OF statement show
,nS Wy SToss premium receipts by such
e ~, Nhe insurance commissioner
s s.n.'ll oerliy 10 Vhe Stale treasurer the
@h..lht OF uaXes due ny zach company,
which taxes shall be paid to the state
s,e si ufer ior the use OF the staEs on CT
pIlore uHe ~ aay OF March goiipwing
whose .e-espt shsll DC evl renee 10 the icy-
ih.n, oi sucn taSes' ana no insurance HGt-
80 sua AZ "e s, a pgFlhlt 20 40 pNsl-
ness IN this State until such taxes are
VAN,
hs cerpHleile or auonority can cot 'ssue
20 any COMPANY until atier the payment OF /
wy eceupauion OAK, wcnld suggest tina. IN
oroSr z avoid DELAY you forward the tax
Vo the spIte treasurer at ule same time
WV you forward 10 uhls denartment he
hnnuhl statement and other necessary pa