Echo de l'ouest. [volume] (Minneapolis, Minn.) 1883-1929, 1903-05-01

IN force the company Snal ne Ooulu ~
the acts Of the person named therein
within his apparent authority, as its ac-
knoWledged agent.
90 It shall obtain from the insurance
commissioner a certificate that it has
| complied with the laws Of this state and
Is authorized to make contracts OF IN
surance, and such license must be re-
neWed annually.
ment covering Its business and financial
affairs as of December 31st prior, in such
detailed form upon blanks furnished by
him as the commissioner may require.
Such statement made, filed and satlsfac-
tory to the commissioner shall be a con-
dition precedent to the renewal of tho
annual license.
Sec. 20. When by the laws Of any other
state. any taxes, fines, penalties, Licenses,
fees additional to or in excess Of those
imposed by the laws Of this state upon
agents, are imposed on insurance COM
panies of this state and their agents,
doing business in such state, the
same taxes, fines, penalties, licenses ana
fees shall be imposed upon all insurance
companies of such state and their agents
doing business in this state, so long as
such avs remain in force.
Sec. II. There shall be paid to the lnsur-
| ance commissioner by domestic insurance
companies organized under this act, ana
by foreign insurance companies admitted
under the provisions hereof the following
fees:
% Domestic companies
For fling the articles Of Incorporation
and accompanying certificates and receipts
the sum Of twenty dollars.
For filing annual statement the sum OF
For each certificate furnished the sum
of one dollar.
For the certificate Of license the sum OF
one dollar.
~ Foreign companies
For filing certified COZ Of its charter OF
articles Of incorporation the sum Of thir-
ty dollars.
For filing the statement required by Sec
ton nineteen (19) Of this act the sum Of
twenty dollars.
For each agents certificate Of authority
the sum of one dollar.
For receiving and fling each annual
statement the sum of ten dollars;
! Sec. %. Every company organized under
the provisions of this act, shall make and
adopt bylaws, not ~repugnant to law, this
act or to its articles Of Incorporation
and shall therein provide such regulations.
terms and conditions as may be neces-
sary to effectually and fully carry out Its
plans and methods Of insurance, and the
bylaws in force at the time Of the date
Of any policy Of insurance issued by such
company, shall have the force and effect
of law in the determination Of all ques-
tons and claims arising under such
policy, between the insured and the COM
pany.
And such bylaws shall contain a pro-
vision requiring all printed matter to have
plainly and prominently displayed thereon
the Ell policies lies or contracts Of insurance
contain the following provision, viz: TN
case Of loss under his policy, end a fail
amount of loss, it is mutually agreed
that the amount of such loss shall be
the company and the insured each choos-
ing one, out Of three persons to be named
by the other, the third being selected by
the two so chosen; the award in writing
1y- q VI iNritv Of c11oh rdfnraoC shall ha
conclusive and final upon the parties as
to the amount Of loss or damage, and
such reference. unless waived by the par
ties. shall be a condition precedent to any
right Of action in law or equity to re-
cover for such loss.
No suit or action against this company
of this policy shall be sustained in any
court Of law or equity in this state. I'M
less commenced within six e. months
from the time the loss occurred.
Such bylaws shall also provide the
form, manner and time Of notice to be
given the company by the insured OF
any loss by him sustained.
the provisions Of this act shall continue
for a longer period than thirty 600 years.
Sec. "a. Any corporation organized or
doing business under this act may trans
fer it's risks to. or r%einsure them in any
other insurance mpa corporation,
association or society doing business in
this state on the mutual or stock plan;
/ SAAHS LAAS SoAAhA wv VI oAAob
or reinsurance shall nave been first sub
mitted to and approved by the insurance
commissioner of this state, and has been
approved by a two-thirds vote Of the
members and policy holders present, rep
resented and voting at any regular meet
ing Of such corporation, or at a special
| meeting thereof called to consider the
same, Of which special meeting a written
or printed notice shall lave been mailed
to each policy holder at his last known
address, at least thirty 900 lays before
| tho dow fiYa6 for S111h maptinp R11t no
| such transfer or reinsurance shall be
made to any insurance company organ
lied under the laws Of another state
which is not at the time legally author
lied to do business in this state.
Sec. Is. Nothing herein contained shall
be construed so as to limit or abridge
heretofore. organized in this state under
the provisions of chapter one hundred
eighty-six Qs6) Of the General Laws Of
the year one thousand eight hundred and
eighty-five, and amendments thereto, but
every such company shall in the future
management and conduct of it's business
conform to all of the provisions, li1nita-
tions and requirements Of this act.
Sec. 26. All acts or parts Of acts incon-
sistent or in conflict herewith are hereby
and herewith repealed
Sec. II. This act shall take effect and
be in force from and after its passage.
Approved April Is, 1903.
CHAPTER CPS. F. NO. 3O4.
AN ACT to codify and amend the laws
concerning the state library and appro-
priating money for its care and main
tenance.
Be it enacted by the legislature of the
State Of Minnesota:
Section l. TIL state library shall con-
sist of the books, pamphlets. maps,
belonging to the same, together with
such others as it may acquire by gift.
| purchase, exchange or otherwise.
Sec. 2. The governor, by and with the
advice and consent OF the senate, shah
| appoint a state librarian at a salary Of
two thousand dollars $4,000 per year,
and until his successor is appointed and
qualified. Before entering upon his duties
he shall take the oath of office and give a
sand sand dollars DC lar s( $1,000 % ": With hO two o. ]s rM e este to
be approved by the governor conditioned
for the faithful performance Of his cti-
cial cuties, the safe keeping and delivery
to the library, and the proper disburse-
ment or payment to his successor of all
moneys coming into his hands as
filed in the office Of the secretary Of state.
Sec. 3. The librarian is hereby author
lied to appoint a clerk to assist in the
5000 per annum and who shall hold o1fics
at the pleasure Of the librarian There
shall also be appointed by the librarian
be $500 per annum. Provided, that tie
appointment of said assistant before talk
ing effect shall be approved by the SUI
preme court.
Sec. 4. The librarian shall nave the
custody and charge Of all property pe-
longing to the library. He shall under
the supreme court attend to all sales and
purchases. He shall furnish the GUS
todian Of public documents with a liyt
Of states, territories, countries and INST.
to to't esrry on exchanges for the benefit Of
the state library, and 1t shall be the duty
Of said custodian Of public to
ed for such exchange, as provided by law.