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

49,, 11O-H. F. No. 500.
AN c to amend sections 1887 and 1898
Of title 6 of chapter "a of the General
Statutes of Minnesota for the year 1894,
and section 3243 of title 6 Of chapter 81
Of the General Statutes Of Minnesota
ter 172 Of the General Laws Of 1901, re-
lat1ng to Township Mutual Insurance
companies and regulating insurance by
Such companies.
Be it enacted by the legislature Of the
State of Minnesota:
Section l. That section 1887 Of title G..
chapte "a of the General Statutes Of
Minnesota of 1894, be and the same is
hereby amended to read as follows:
Section 3237. The president and secre-
tary OF such COMPANY may pass on and
aiccept an applications for insurance and
sign ana issue the policies. agreeing in
the name of the company to pay all losses
or damage which may be sustained by
hre or lightning, for a term not exceed
ING Ing7,d ave (o9 years, by the holders of such
named In such policy, and all applica-
lions for insurance given to or made to
any agent or officer of such company au-
thorized to solicit membership in said
company, or to solicit business for the
same, shall, until refused and reached by
the proper officers of any such
be deemed to be Of the same force
ana effect as a regularly issued policy
and contract Of insurance, and from the
time of the receipt of any application for
insurance by any such officer or agent of
any company, the goods and property Of
the person making the application shall
be deemed to be insured against loss and
damage by fire or lightning, in the same
manner and to the same extent as if
covered by a regular policy issued in con-
any such company to the avs Of the
state; provided, however, that there shall
be no liability on any such application
against n company that has not at an
onrl1o1 NJ cnopio1 M nnfinp hv n,oo ~nC-
%olution, adopted the plan OF making all
such applications of equal force and eff
feet with regularly issued policies.
st sa I Is Of Mi Snees9a oz for 81 ISL ~ be Gene and
the same is hereby amended to read as
follows:
Section 1898. Every person making ap-
p1ication for insurance in any such COM
pany shall embody In such application his
undertaking binding himself, his heirs and
assigns, to pay his pro rata share to
the company Of all losses or damages
by fire or lightning, which may be sus-
tanned by any member thereof; and every
such application shall, within reasonable
time after the execution thereof, be filed
in the office of the secretary OF said com
pany, and shall remain on file in such
office except when required to be PRODUCED
in court as evidence. He shall, also, at
the time of effecting such insurance, pay
sonabie sum for a policy, as may be re-
qutred by the rules or bylaws OF the
Sec. 3. That section 3243 of the General
Statutes Of Minnesota for 1894 as amend
ed by chapter 172 of the General Laws of
Minnesota for 1901 be, and the same is
hereby amended to read as follows:
Section 3243. No company formed I'M
der this act shall insure any property
O 1T of the limits of the town or towns in
which such company is located, except
as provided in section 1921 of the General
Statutes Of Minnesota of 1894, or except
as hereinafter provided; nor shall they
insure any property other than dwell
ings and their contents and farm build
ings and their contents, and live stock,
and hay, and grain In the bin or stack,
churches or schoolhouses, society and
town halls, country blacksmith shops and
their contents, p~arsonages and their con-
tents. and the barns n contents used
in connection Herewith, and buttermak-
ers' dwelling houses and contents ana
barns and contents used In connection
Herewith. . y"
Sec. 4. Such town insurance companies
may insure joint or partial risks In con-
junction with adjoining companies Of the
same class, and in insuring partial risks
such companies are not confined to the
town or towns in which they are other
wise authorized to do business; but no
such insurance of a joint or partial risk
shall be valid or binding upon the COM
pany insuring the same until it shall have
been approved by any and all such COM
panies holding prior risks on the property
so insured, and the total amount Of such
Joint insurance on II one piece OF prop
erty shall in no case exceed the total