The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1903-05-02
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in force the company shall be bound by
the acts OF the person named thereln,
within his apparent authority, as its ao@
knowledged agent.
90 It shall obtain from the Insurance
commissioner a certificate that 1t mas
complied with the laws Of this state and
is authorized to make contracts of In
surance, and such license must be re-
neWed annually.
CO. It shall annually file sworn state:
ment covering it's business and financial
affairs as of December 31st prior. In such
detailed form upon blanks furnished by
him as the commissioner may require
tory to the commissioner shall be a con-
dition precedent to the renewal OF the
annual license.
Sec. 90 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. tho
same taxes, fines, penalties, licenses and
companies of such state and their. agents
doing business in this state, so long as
such laws remain in force.
Sec. 81. There shall be paid to the Insult
ance commissioner by domestic insurance
companies organized under this act. and
by foreign insurance companies adm1tted
under the provisions hereof the following
fees:
CD Domestic companies
For filing the articles Of Incorporation
and accompanying certificates ana recelpts
the sum Of twenty dollars.
For filing annual statement the sum OF
For each certificate furnished the sum
For the certificate of license the sum of
one dollar.
(2) Foreign companies
For filing certified copy OF Its charter OK
articles of incorporation the sum Of thir-
ty dollars.
For fling the statement required by Sec
ton nineteen Q9) Of this act the sum OF
For each agents certificate of authority
the sum of one dollar.
For receiving and filing 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, TINS
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 ana me
Of any policy of insurance issued by such
company, shall have the force and erect
Of law in the determination of all ques-
tons and claims arising under such
pany
nlainly and prominently displayed thereon
the word mutual"
And such bylaws shall provide that
the policies or contracts Of INSURANCE
contain the following provision, viz: In
case Of loss under this policy, end fall
ure of the parties to agree as to the
amount of loss, it is mutually agreed
referred to three 60 disinterested men.
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
by majority Of such referees shall be
conclusive and final upon the parties as
such reference, unless waived by the par
ties, shall be 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. un-
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 or
any loss by him sustained.
Sec. %. No corporation formed under
the provisions Of this act shall continue
Sec. "a. Any corporation organized or
doing business under this act may trans
fer its risks to- or reinsure them in any
other insurance company, corporation:
this state on the mutual or stock plan:
Provided. that the contract of transfer
or shall haye i, hss rst SUB
commissioner of this state, and has been
approved by a two-thirds vote of the
members and policy holders present, rep
ing Of such corporation, or at a special
meeting thereof called to consider the
same, Of which special meeting written
to each policy holder at his last known
address, at least thirty (30) days before
the day fixed for such meeting. Bnt no
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
the rights of any company or corporation
IN IN TINS on STATE ndef
eighty-six 1856 Of the General Laws of
the year one thousand eight hundred and
eighty-five. and amendments thereto, but
management and conduct of its business
conform to all of the provisions, limita-
tiens and an requirements Of this act act: ,.oo
sistent or in conflict herewith are hereby
and herewith repealed.
Sec. 27. This act shall take effect and
be in force from and after its passage.
Approved April Is, 1903.
CHAPTER OPS: F. NO: ao4.
concerning the state library and appro-
priating money for its care and MAIN
tenance.
Be it enacted by the legislature of tho
Section !; The state library shall con-
charts and DOCUMENTS of every kind nov
such others ac 1t may acquire by gift.
purchase, exchange or otherwise.
Sec. 2. The governor, by and with the
apuOtnt a state librarian at a salary OF
two thousand dollars $4,000 per year.
who shall hold his office for two years
qualified. Before entering upon his duties
he shall take the oath of office and give a
bond to the state tat lin in the sum of two thou-
be approved by the governor con1itioned
for the faithful performance Of his ctfi-
cial cuties, the cafe keeping and delivery
to the library, and the proper disburse::
ment or payment to his successor Of all
moneys cemi min into MS so. ha ms, 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
duties Of his office, whose salary shall be
5000 Fer annum and who shall hold o1f1c3
at the pleasure Of the librarian: There
shall also be appointed by the librarian
an assistant Librarian YE Esas salary ~ shan
appointment Of said assistant before taxi
ing effect shall be approved by the SUI
prenle court.
Sec. a. The librarian shall have tho
custody and charge of all property oe-
longing to the library, He shall under
the direction and control Of the judges Of
the supreme court attend to III sales and
purchases. He shall furnish The GUS
todian Of public documents with list
Of states, territories, &C untries and insti-
buttons with which he deems it desirable
to carry on exchanges for the benefit Of
the state library. and it shall be The duty
of said custodian Of public documents to
furnish and forward the volumes REQUEST
ed FOR such exchange, as provided by law.