The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-07-01

I84s CLtiO1 0fBtnG BIWQTM buI ApstaR D1
a ansnIan ~ t ,nt HI tcotnn1isrIo s,sr Of
t1ss,rsn M ands of hYs Ndsptt} during
sns s \ y. nss. =. =. III Hsnsj "a S~tsetnEly,
= ms. Z :. saatMS rssIrnAtiup( Or re-
$3.50 ~ wy " 49,. ~ n III nt, I'M cause,
thss ststa Go%snoratLon Commission
ehall8 appoint some peisoh y si saian..
n OF Insurance. such appolntee ha.l
hold office under the said appolntmen II
until thirty days afterlRa IN eonYenlms
" tho General Assembly leither. IN ~.
IRA Or regular session, q Ind until I'll M
vneancy shall ia filled y the Joint
vnteWnf tha two housss BIZ the Can
srni 4 saarnh,v, and the,s buccessor Of
si,ch snnointe. shniI% NAVE been duly II
a ,a,,i a IN IA and n,iAilfiSSd ,n,sSs8 NJ
" ~. ~ NV m s#
Dlssuss sees III yun. v 800
on the i,rst day "a July, 1904 nnd.. ~ COZ.
ltalns comprehensive regulntipns. for@ pup
lio8 supervision and consrolS a. AZ c y ! ~,
OF insurance s%compkriea..I se d " rrrrna.s \ a .n,,I1
i,uis az the house Or y sleaAtep AMER sfne
sonata show TINT you wers sel eo!sa .soSN ~
lBoH1ccg d scornlnisslU1er OK n1uranys "
the general assembly undsf thVe xvXs uho,s
ot the third section. q W.. w Y r aS.g " av y \
squotsd. t TAX s sof'c q ons sne 49, - ~
""rhis section REQUIRES that before .en.
I5toring upon the dlschargs, oiE nih .uut. y.
1.-THE comInissiohcr shall quarry peioLy .tn =
state corporation comrnission,(a w ,tahi ,as
~thel8oathsHi REQUIRED py .tns |. y ss,s;n.
Rnna ieSths n ,ent lt,s 81 1sd TN th$usasnd8 dol,
liars II, such form and with Burh security
~ aha III Id approyod BY the commission.
IEiIn connection With the election. ana
l9uua,ilcetionS Of the c6Nmlssloi,er ~ M
faurance@under the statutory PROVISIONS
tain piovisIons OF the organic LAW q sthe
Estate relating to the reaticn!. powers
i%andgduties Of the state cOrporatio cons
mission. SECTION l55s ofI the Corstituntlon
Tot virginia,,s which provides for the ere
sation Sof 5the commission i, contain Sttf1e FOL.
It's oficers, and TO- the estAhliHhtn ent %
IBa$ bureau Of insurance within 10 depart
,ment S5S35 ass5S8 95s
st..ttThe@comtnission sl Ill ann Ally elect
Lone ot their members Echalrmath aot the
same and 5shall}llaYc one clerk;,i One sbailtn
ana sutordinates al MAJ b. i oYidssd NY
]law, ali or whom shall aheNappoitited. And
Isubiect to%rsmoyal, by the VconSmtssion,
lItfshallS presoribe ita own rnles p fi,order4
sTrooedure except 30 farRasSthc same.
ARE srocihed Ia this Xco constitution or any
Il a k0Il6GA4 hSoSNfEs
biy may ostahlish within IN xstdephrtment,
and subject to the uipperY!sions3 aud con-
trol 81 tie &Sccocmmissioh, subordinate d!-5
visions. or bureaus scof Insurance, banking
or other special branches 81 the busi-
nessfof that repartrnant,'"'S aS II HSl
Would Be$Vo,iidA.SSSS s.
sssIfSthe commissioners OF insuraito g unTT
der8the&recent statute To- on0HOf Neon
eorsS provided 81 law IN additional those
mentioned by their title in8t the c0nli
ftion,8spnd Is therefore to he appointed4o y
btituGs. proyiding for the eleotions.G fs this
lSotihSaSS az ttH state $corporationiscomm
.asioo..S sl,:it. general acknowledgements seem
toSb Observation-Disclosures the constttutldnSan
void gSs%ass sa5s ss#@iS5ss
."'There are other provisions In TN .aon5
sttitutionl relative I'd the powers. dfutiesSs
and JUNCTION agof tho n comm lsslon which
appear 10 i to- have a6 bearing OH this
question II is provided IN scction#ibsSS{(aa))R
that ##S8s sSs$ss 8lssSSAs$s
@usub1ect toFFthe provisions 81 this j%con-$
stftution5 ana Is suich requirements, rules
IlaW. tho state corporation commission@
IsashaIS the Sdepartmcn az government
NEUTRALITY-SUSPICIOUS. / alls& be ISSUED 8allsdhaf.ss
ltters and s&amepdmonts ssIgp r5ydxtensionsf
Observation-Disclosures corporhtionaSsFsand all
llioensessto#do%bu bushes IN this HtatettoS
IOTHlRN AiEENtsANhs
i7nhalI lie carriedGout ali the provisionthSs of
this constitution, ana RoE the laws made
lin pursuanc thereof, feg toe CREATION
Visitation. superviaion, #s reputation and
control fof corporations "a Itereds by sSorF
Isdoinr pushes .Insthis SReSh,s SN {sS88S
#..In section2 16Oss fol8 theSfollowing general
author!ty i conferred upon the general en rel
aaaeinbi =. !nla. collMepa, - s,J /. I; In
hes soin nllss.o MI I, iMaHy /. ~ ~ 'oS se Saad &!Ml,tth$
such Naalllu. ~ Tsss AH nnon u.la ~ 80 yMll''tthh}
spGn 4to1sdh stsu Hue wv ,aH :, ~ MAY ,rss ~ S Shed
s!As y Sel ~ us.u y ts y \, \ III <. Mn
.EsEa aconsroa y - - toIn,,ss !
WIZ sStne III pIsnolaptue 4aha u.itSs.sSH'tsaaNS1l
re!esEa lM ciarke IN. ~ " ; ~ ~ N IN
ISthe ussessnent 81 itha property Sof 4
ssssss;:;. s, 8, .'s 'ss, sssss , ;; s q ss ~ s.