The Republican journal., 1901-03-28

I
ANY such association wf'ch negects or
refuses to make the returns required bv
| this section, shall forfeit five dollars a
day for each days neglect; and for will
fully making false statement, the as
ISOLATION and the persons making oath
thereto, or subscribing the same. shall
severally be punished by !; fne Of not
less than one hundred nor morA than five
hundred dollars.
Section Is. The money or other benefit.
| charity. relief or aid to be paid. provid-
ed or rendered. Or which has been paid,
provided or rendered by any association
authorized to do business under this act,
and az herein provided. shall not be "
process. and shall not be seized taken or
appropriated, or applied by any legal or
eamitanle process, nor by operation of
certificate holder. or any beneficiary
thereof. existing at the death of such
holder.
Section IG. Any solicitor, agent or OK
aMining physician. who shall knowingly
or Wilfully make any false or fraudu:en,
s sasa or representation in or :. tn
SSe nc to any ba application for member
any money or benefit in any assoc;.r-.--
transacting business under this act, shall
Dc guilty Of a msdcmeanor. and, upon
Of not less than one hundred nor more
than five hundred dollars, or by imDris-
o ,al,re 4hd not less than thirty days nor
person who shall willfully make a false
statement of any material fact or thing
a ~ d sworn statement as to the death or
dlsabllty of a certificate holder in any
curing the payment of the benefit named
IN the certificate of such holder. shall be
sinli,f5y OF perjury, and upon conviction,
snail be punished accordingly
SECTION H. Nothing herein contained
snail be construed to affect or apply to
grand or subordinate lodges of Masons.
Odd Fellows, Knights of Pythias or sim
iiar orders; organized or Incorporated
under the laws of this state. and which
40 not nave as their principal object the
snail anything herein contained apply to
domestic corporations or voluntary asso-
cations which limit their membership to
inc employees of particular city or town,
dcsaSnatcd firm, business house or cor
poratlon; nor to domestic lodges. orders
Or ASSOCIATIONS OF purely religious,
snar;table and benevolent description
which do not operate with a view to profit
ana which do not provide for a funeral
benefit of more than one hundred dollars,
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 whtrh
issues to any person a certificate provid
ing FOR The payment of benefits shall no;
be exempt by the provisions oe this sec
ton. and such associations shall comply
with all requirements of this act. The in
surance commissioner may require of any
association such information relating to
Its membership and certificates as will
enable him to determine whether it is
exempt from the provisions of this act
And no association which is exempt by
the provisions of this section from the re-
quirements of this act, shall employ paid
agents or give or allow to any person
any compensation for procuring new
members.
Section Is. The insurance commissioner
in person or by deputy, shall have the
power Of visitation and examination into
the affairs of any domestic association
subject to the provisions Of this act, that
are conferred upon him by the provisions
utes. provided that he shall not be re-
quired to make periodical examinations
OF domestic associations. Whenever after
examination the commissioner is satisfied
that any domestic association is not pay
my the maximum amount named in its
policies or certificates in full or is in
such condition as to render further pro-
ceedlngs hazardous to the public or its
policy holders or is transacting it's bust
ness fraudulently; or whenever such do
nestle association shall, after the eXis-
tence of one year or more. have a men,
bership of less than three hundred, the
insurance commissioner may present the
facts in relation to the same to any jus
tice of the supreme judicial court; and
said Justice shall thereupon notify the Of
fi"ers of such association of a hearing
and unless it shall then appear that some
special and good reason, exists why the
association should not be closed, some
person shall be appointed receiver of such
association and shall proceed at once to
take possession of the books, papers.
moneys, and other assets of the associa-
ton, and shall forthwith, under the di-
rection Of the court proceed to close the
affairs of such association and to diStrib-
ute to those entitled thereto it's funds
in the manner provided in section seven
of this act. For this sci vice tho receiver
nav be allowed out OF any funds in pos
session OF the associa at or which NAV
as the court may determine to be reason
atle and just. When the affairs of the
association shall be finally closed, the
same.
Section IS. Fraternal beneficiary 1850
Citations. organized or Incorporated Under
the laws OF this state, which are trans
of This act, and which limit their mem
hershp to the E'embers of some partici;-
lar order, class or fraternity may con-
tinue such business by complying with
the provisions of this act not inconsistent
herewith.
Section 20. Whenever the commissioner
deems it prudent for the protection Of
the policy or certificate holders in this
state he, or any person whom he may ap
point. may examine any foreign fratern;!
BENEFICIARY association applying for adj
mission or trans. citing business in this
state aud such association shall pay the
expenses of the examination. The COM
missioner may employ assistants and for
the purposes aforesaid he, or any person
all the books and Papers that relate to
the business of such association and to
the books and papers kept by any of its
organizers and may summon ard quality
as witnesses unocr oath. ana examine
the directors officers, agents, organizers
and trustees of SuCh association and other
persons in relation to its affairs, trans
actions and condition. He may. in his
discretion accept in lieu OF such examin-.
ation the examination OF the insurance
department Of the state or country where
such foreign association is organized.
If any such association, or its officers
or agents, refuse to Suomlt to such eN-
animation or to comply with the provis-
ions Of this section relating thereto, the
authority of such association to transact
business in this state shall be suspended
until satisfactory evidence is furnished
the commissioner relating to the stand
ing and affairs of the association. and
shall not transact any business in this
state.
When the commissioner, On invest;ga-
ton, is satisfied that any association Or
eanized under the laws of another state
or country ard trans1Ctine business I'M
Ger this act has exceeded its powers, or
has, failed to comply with any provision
of law, or is conducting business fraud
ulently, or that its condition is such as
to render further proceedings hazardous
TO the public or to its certificate holders.
or in case any such association shall vote
to discontinue its business he shall notify
the president and secretary, or other of
fcels corresponding thereto of his find
ings. and state the grounds of his dissat-
isfactGr and after thirty days notice