Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1907-08-08
No. IA, ST. Published May q, 1907
CHAPTER 81. LAWS OF 1907.

as follows
Section section I to II inclusive Of
chapter lG3, laws Of 1908. as amended by
chapter 800, laws Of 1905 is amended to read
as follows: Section /. In all cities of the
first class within this state two
thirds OF all sums collected or received by
the treasurers Of such cities. under require
m2nts of the charters of such cities reiat-
ing to and providing for the taxation Of
fire insurance companies or agents, snail
be and the same is hereby set apart
and constituted a ireman's pension fund
in the hands of the treasurers OF such cities
for The purpose of pensoning the herein
after described disabled and Superanruated
members of the fire department and their
benefciaries hereinafter mentioned The
city council and comptroller of said city
shall set apart said fund for such purpose.
All members of such fire department may
come in under this act as amended by aC-
Quiescence therein or payments made there
under and thereafter their rights shall i'm
all respects be governed by the provisions
hereof.
Section Q There shall also be paid in
to such fund by each and every member
hereinafter described Of such department,
whether such person be now q mem
Der or become a member hereafter, during
his term of service two and
one-half per cent, of = his monthly
salary as such member, and there shall also
be paid into such fund all fines imposed on
any member or members of said fire de
partment for violations of the rules of the
department, and also money deducted for
time lost by members on account OF sick
ness.
Section 3. The mayor. city treasurer
city comptroller, the chief engineer, and
three active members of the fire department
shall constitute and be board by the
name of the board of trustees OF the ire
mems pension fund. The three members
of the board from the fire department shall
be elected annually by ballot upon 4
day or days fixed by resolution of said
board at least thirty days In advance of
such election and such election shall take
place at least three days before the annual
election of officers is held. Each member
of the fire department shall be entitled to
vote for such three members OF the board
upon one ballot and the three candidates
receiving the highest number of votes shall
be considered elected Counting and can
wasting votes and conduct Of election to be
regulated by bylaw of the board. The said
board shall annually select from among
their number president and q secretary;
and in case of a vacancy in said
offices last named or in the board occurring
during the term, the same shall be filled by
the board. The city treasurer shall be ex-
off1cio treasurer Of said pension fund, shall
be entitled in his official name to sue Tor
and recover all loans or moneys wrongfully
withheld by any person.
Section 4. Said board shall have excu.
sive control and management of the fund
mentioned in this act and of all
moneys donated paid or assessed for the
relief or pensioning of disabled superan-
nuated or retired members of the ire de-
partment and their benefciaries
hereinafter mentioned, the same to be
placed by the treasurer Of such city 10
the credit of such fund subject to the or.
ders of such board The said board shall
make all the needful rules and regulations
for its government In the discharge of Its
duties and for the control of such fund ;
and shall hear and decide all ques
tions of fact arising upon applications fo[
pensions under this act The board shal
cause to be kept by Its secretary record
of all it's meetings and proceedings.
Section s. All rewards In moneys, fees
gifts or emoluments that may be paid OF
given for or on account of any service OF
said fire department, or any member
thereof, except when allowed to be retained
by said member by resolution Of said board,
or given to endow medal or other per,
manent competitive reward, shall be paid
into said fund. The said board may take
by grant, gift, devise or bequest, any
money, real estate, personal propertI
thing the annual Income of which
shall not exceed one hundred thousand
dollars in the whole, And said money,
erty, or other valuable thing so obtained
shall be paid into said pension fund and
treated as q part thereof for the use or
said fund; provided that when the sum
of two hundred thousand dollars has been
accumulated In said fund over and above
all moneys paid out for benefits It snail
be retained as a permanent fund and there-
after the annual income therefrom may be
made available for the use and purposes
of such pension fund.
Section G. The said board shall have
power to draw such pension fund from the
treasury of such city and may invest such
fund or any part thereof in the name OF
said board in interest bearing bonds of the
United States or Of the state or Wisconsin
or Of any county, township, or munlclpal
corporation Of said state; and all securities
taken upon any such investment shall be
deposited with the city treasurer as
treasurer of such fremen's. pension fund
subject to the order of said board
Section Z. The interest received from
any such Investment Of funds after said
fund shall have reached the sum OF TWO
hundred thousand dollars, shall be appIl.
this act And when such interest shall
become applicable 1t shall be competenG
for the council Of such city to dimiDish
such annual rate of two-thirds OF the tax
on fire insurance companies or agents but
not SO that said income from said tax TO-
gether with the other funds mentioned IN
this act shall > be insufficient to meet
the full requirements Of the pension list as
provided by this act.
Section s. If any member of the IRE
department while contributing to
such fund shall, while engaged in the per
Torrance of his duties as such fireman, be
injured or disabled from any cause
or if any such contributing member aiteT
ten years service in such department snail
be injured or disabled from any cause what
ever, said board shall order said member
to be examined by a duly licensed physician
appointed by said board, and if such mem
Der is found upon such examination TO De
physically or mentally permanently. disabled
\ so as to render necessary ms retlre-
ment from service in such department,
such board shall retire such disabled mem
Der from service; :" and upon
such retirement the said board shall order
payment to such retired member monthly
from such pension fund OF a sum
equal to One-half the monthly compensa,
.tion allowed such member as salary at the
date of his injury or disability, or
if any such member disabled to the extent
aforesaid under the conditions aforesaid be
thereafter discharged, such discharged per
son shall receive a pension according to the
above provisions.
Section g. If any member OF such fire
department while contributing to such tund,
shall while engaged in the performance
of his duties. be killed, or die as
the result of an injury or exposure received
in the line of duty or as the result
of any disease contracted by reason of his
duties in said department, or If any
contributing member = after ten
years service in such department. shall die
from any cause while member or
during said retirement mentioned in section
s hereof or after said retirement or after
retirement after twenty-five years service
and shall leave q widow or minor cnllu OF
children under eighteen years OF age,
or if there be no widow and there snail De
any minor child or children or dependent
daughter, or being unmarried shall IeaVe
dependent father or mother, the SAID BOARD
shall direct the payment from said pension
fund of the following sums monthly, To-
Wit to the widow of the chief engineer OF
the department, sixty dollars to the wild,
ows Of the assistant chief engineers and
assistant superintendent of fire alarm tele-
graph, ifty-fve dollars to the widow OF
the superintendent of machinery and APP
paratus, fifty dollars; to the widow of any
captain, engineer, pilot or secretary
fortv-fve dollars TO the widow Of any lieu
tenant, assistant .t engineer or FIRE,
man, forty dollars to the widows Of
y all n other contributing mem
bers. thirty-fve to the guardian of such
minor child or children while widow is liv-
ing. six dollars for each child until 1t
reaches the age of eighteen years to the