Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1907-08-08
No. 562. 81 Published July u. 1907.
CHAPTER 525. LAWS OF 1907.


AN ACT to amend sections 1941-47 and
1941-64 of the statutes, as amended,
relating to the standard fire insurance
policy.
The people of the State of Wisconsin, repre-
sented in Senate and Assembly, do enact
as follows
Section l. Section 1941-47, of the stat
utes is amended to read Section 1941-47.
This company shall not be liable for loss
caused, directly or Indirectly, by invasion,
cOmmOtiOn, riot, instruction, civil war, or
any civil authority or by theft or by neg
lect of the insured to use all reasonable
means to save and preserve the property at
and after fire or when the property is
endangered by fire in neighboring prem
Uses; or (unless fire ensue, and, in that
event, fol. the damage by fire only by ex-
plOSion of any kind, This policy
shall cover any direct loss or damage caused
by lightning (meaning thereby the COM
monty accepted use Of the term lightning,
and in no case to include loss or damage
exceeding the sum insured, nor the inter
est of the insured in the property, and sub
ject in all other respects to the terms and
conditions of this policy If there shall
be any other insurance on said property
this company shall be liable only pro rata
with such other insurance for any direct
loss by lightning, whether such other in
surance be against direct loss by lightning
or not.
Section 2 Section 1941-64 of the stat
utes, as amended by chapter 102, laws of
"a. No fire insurance company corpora
ton or association, except township mutual
insurance companies, their officers, or
agents, shall make ISSUE use or deliver for
use any fire insurance policy on property
In this state, other than such as shall con-
form in all particulars as to blanks, size of
type, context, provisions, agreements and
conditions with the printed form of con-
tract or policy so filed in the office of the
commissioner of insurance as provided for
M sections 1941-42 to 1941-63, except
that the policy may be printed on paper of
a size different from that of the printed
form OF contract or policy filed in the office
OF the commissioners, of insurance, which,
however, shall not be less than nine inches
IN width, and no other or different provi-
sion. agreement. condition or clause shall
IN any manner be made a part of said con-
tract Or policy, or be Endorsed thereon or
wit: ~
1. The name of the company, its location
or place of business, the date of its in
corporation or organization and the state
or country under which the same is or
ganIzed, the amount of paid I'D capital
stock, whether it is a stock or mutual COM
pGny, the names of its officers, the number
ana date OF the policy, and, if it be issued
through manager or agent of the COM
pany the words. this policy shall not be
valid until COunterSigned by the duly au-
thOrlzed manager or agent of the company
cies issued on property in this state. All
policies shall be cOuntersigned by an indi-
vidual agent
>. Printed or written forms Of description
ana specification or schedules of the prop
eFty covered by any particular policy, and
any other matter necessary 10 clearly ex-
press all the facts and conditions of in
suiance on any particular risk (Which facts
or conditions shall in no case be incon-
s!stent with or waiver of any of the pro-
visions or conditions of the standard policy
herein provided fOr), may be written upon
or attached or appended to any policy is
sued on property in this state.
&
organized or incorporated under and in pur-
suance OF the laws of this state, or else
where if entitled to do business in this
state may. with the approval of the COM
missioner Of insurance, if the same is not
already included in the standard form as
provided for in said sections print on it's
Pohcles any provision. WHICH it is required
by law TO insert therein. If such provisions
be not in conflict with the laws of this
state or of the United States, or of the
provisions of the standard form provided
Tor herein, but any such provision shall be
printed apart from the other provisions,
agreements or conditions Of the policy and
In type not smaller than the body of the
policy and under a separate title as fol-
lows Provisions required by law to be
stated in this policy" and be part of
said policy.
I. There may be indorsed on the outside
Of any policy herein provided for the
name, with the word agent or agents
and place of business of any insurance
agent or agents. either by writing printing
stamping or otherwise.
.. Where two or more companies leach
having previously complied with the law
of this state) unite to issue a joint policy
there may be expressed in the heading of
such policy the fact of the severalty of the
contract: also the proportion of premium to
be paid to each company, and the pro-
portion Of liability which each company
agrees to assume. And in the printed con-
dittOnS of such policy the necessary change
may be made from the singular to the
plural number when reference is had to
the companies issuing such policy.
AnnrnVPd InlV O 1907