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

49, 49,
life Insurance upon such terms as ma,
be agreed" upon by it's board Of directors,
or a majority thereof, at a meeting reg
ularly called and held. Any corporation
oragnizad or doing business under this
act may transfer its risks to or reins,rs
them in any other corporation, a%ssocia-
ticn or society. doing business on tha
stipulated premium or old line legal res
serve plan; provided, that the contract OF
transfer or reinsurance shall have been
first submitted to and approved by the
Minnesota by a two-thirds vote of the
stockholders or members present and vot-
Ing IN person or by proxy at any regular
meeting Of such corporation, or at a spe-
ctal meeting thereof called to consider
the same, Of which special meeting a
written or printed notice shall have been
at least thirty days before the day fixed
for such meeting. No such corporation
organized or doing business under this
act shall transfer it's risks or assets, or
any part thereof, to or reinsure it's risks,
or any part thereof, in any insurance
corporation, association or society Of any
the time Of such transfer or reinsurance
authorized to do business in this state
under the laws thereof: provided, how.
ever, that the foregoing declaration shall
not prevent a company from reinsuring
any fractional part Of any individual
policy In other solvent companies author
ing therefor agreed premiums in annual.
IN case Of the reinsurance Of mutual
company shall be turned over to the re-
insuring company. When any company
doing business under this act Is reinsured
new lien upon any policy, there shall be
given to each policy holder on whose
pollsy the new lien is imposed, together
notice set forth in section thirty-eight
(3s) hereof.
Sec. ). That section thirty-eight las> Of
I : ohor+nr ho or5 thu nm SO 1nrahyp
amended to s read as follows:
Section SO. Notice Of annual meetings
5 Sn1da1 oth fSar aofiieS ! t. be sh m1Il Sd np PSi sy
annual nesting Of the members or stock
holders Of any company organized or re-.
bers or stockholders shall have notice at
least thirty 800 days in advance, either
by Hb,c way m9 of a ac written or ot printed %r,t h9tic ar
printed matter; and there shall be mailed
a notice to every policy holder upon whose
policy a lien is, or has been; imposed IN
in one year after the imposition Of such
lien. or in case such lien has been i'm
then. within one year after the passage
Of this act. Said notice shall state:
First Edcaa the ga am noun g Of the lie1n i,mposed.
Third, the amount Of premium and condi-
tions on which the policy may be carried
premium excluusive Of interest necessary
under this act to carry the policy with
out further increase Of lien.
Sec. e. This act shall SuperSede all
provisions Of any existing law in conflict
herewith.
Sec. {. This act shall be in effect from
and after the date of it's passage.
Approved April 20, 1908.
CHAPTER $685.. F.. NO. $40.
AN ACT to define and regulate benef-
ciary associations, corporations or So
%cieties; exempting the same and their
Of certain provisions Of the laws Of this
state relating to taxes, Insurance., gar
nishment, attachment or seizure, and
DECLARING them to be institutions of
Be 1t enacted by the legislature Of the
State of Minnesota:
ton under the provisions of this act is
hereby declared to be any corporation,
society or voluntary association, organ
Of its members and their families, rela-
tives, or dependents, but not for profit.
Each association OF society may make
provision for the aymen Of benefits in
case of death and may make provision
for the payment Of benefits in case Of
cal disability as a result either Of dis
ease or accident, and may make provision
for the payment Of funeral expenses Of
lars $500 in any case, ali Of said bene-.
fits to be paid subject to the compliance
by the members with the constitution and
Uy-ldWS " BULL dSSOCldllOu VI SOClSIy.
The funds from which the disbursements
of such association or society shall be
betrayed shall be derived from assess
ments and dues collected from its mem
bers. Payments Of death benefits shall
be to the families, heirs, blood relatives,
a sf5gnead G child en- the af7 mnm5er ho oT fa pe or
sons dependent upon the member. Any
such beneficiary association or society
may create, maintain, dtsburse and apply
a reserve or emergency fund In accord,
ance with its constitution or bylaws and
every such association OR society shall be
deemed and held to be an institution OF
public charity. The term beneficiary as
ISOLATION" wherever used in this act, or
in any other law Of this state hereafter
association such as is defined in this Sec
ton.
Sec. 2. The money or other benefit;
or rendered by any association author
lied to do business under this act shall
not be liable to attachment, garnishment
or other process, and shall. not be seized,
TAKEN, appropriated or applied by any
legal or equitable process or by operation
o Of lay y. to to pay nc1ds any or deo of or any na baneflc ia a
named in any certificate or any person
who may have any right Hereunder. And
the buildings and other property used by
said association in carrying on its bust
ness, and all dues, assessments and other
payments and the accumulations thereof,
the payment of death, sick or disability
benefits, and the reserve. emergency and
other mOrtuary funds Of SAID association,
shall be exempt from taxation TOR STATE
county and municipal purposes: Provided.
that nothing In this act shall be con-
strued to exempt from taxation any real
estate owned by any association 1ncor-I
porated or doing business under the pro-
occupied exclusively by such association
in carrying on its business.
Sec. 3. This act shall apply to and
govern any and all associations, corpora,
ions and societies heretofore organized
or authorized to do business In this state
and now or hereafter operating upon Il
plan in accordance with the provisions OF
this act, but this act shall not be con-
sociations. having a lodge system with
ritualistic form Of work and representa-
tive form of government
Sec. 4. This act shall take effect and
be in force from and after Its passage.
Approved April 20, 1903.
CHAPTER 297-s. F. NO. 426.
AN ACT to authorize certain officials to
prevent the suffering Of animals by ex-
posture to inclement weather.
Be it enacted by the legislature OF tho
State of Minnesota:
Section L.. Every, sheriff. constable
village marshal and police officer are
hereby authorized to enter into and upon
any place, or to remove from the public
highway or streets any horse, mule or
other animal which is exposed to the
weather and not properly IKE or
than two successive hours in cold or in
! clement weather, and take possession OF
said horse, mule or other animal and re-
move the same and supply the same
with the necessary shelter and attention:
such horse, mule or other animal with
necessary shelter and attention shall
nave a lien against said horse. mule
or other animal for the value OF suca