The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1907-06-08
All of Them Agreed to and
: Put Through Without
Amendment.
ARE OF UTMOST IMPORTANCE
Measures Were introduced at In
stance OF State Insurance
,a Department. e .s,f
The Ticket Scaiping Evil Causes an
Appeal TO the JIsegisisturc--No
+, m Hope FOR the local 49,
ytfs.s Option Bilis4ii -. +D


.ft..-T.- m ..tst.t.t ..is
Lansing. Mich. Juno 1.-The house
devoted M afternoon to the consider
alton of n number of Insurance bills
introduced at the Instance of the state
Insurance department Eight OF these
hills relate TO life insurance. being de-
signed to curb, any tendency 10 in.
dulgc In the questionable methods ~
yealed by the Armstrong investiga.
ton. All 90 the measures were agreed
to without amendment and passed by
unanimous vote They are Of more
thar ordinary Importance inasmuch as
they change IN material particulars
the life insurance laws ofHthe stare
Probably tire most important is one
establishing standard provisions and
conditions which shall De embodIci M
All life insurance policies hereafter W.
sned ri Michigan. This bin alsesperi
hes hnmber OF provisions which
shalT'not be embodied In policies Is
sued'ln Michigan ~ hrej
n - what other Bills Do.-I ~
Other bills prohibit companies from
making contributions FOR political pnr
poses. prohibit misrepresentation
and the use or estimates m the sale
/ 81 life Insurance. require IAN itemized
voucher 10 accompany every disbursc
ment In excess or 500. prohibit thu
payment OF any salary or compensa'
zion hi excess Of SJ.neO 10 any officer
or ageiit or company Unless sueh sal.
AIRY IL first authorized by vote of
the directors. They also'make the per
SON solicitlng llftimsurance the agent
or the company and not the agent OF
the insured person, provide thareveir
policy ahall tbntaiirthe Entire contract
snetwecn' me company ana tlie insured
and materially 'sttengtlicn the unit
rebate hNAntl-disciamhaton nili 50 ~
90 confine titc trmsatnon between ne
parties to the sale or life iusuranc,
ghorn Of an stock schemes ami other
rollaicrql considerations. 1-ihs''
~ Fire Insurance Measures.
~ Other inmrahtr sfepaftment bins
PASSED 10y the house permit fire insur'
hnce companies 20 invest I'm the same
clnss of Securities "a state banks are
nermitted 10 invest IN. aid penalty
clause 20 ihc retaiintory Zee law and
place TIE expert employees Of the de-
partment on tile same basis rs en-
ploycs OF the state banking Gcpart.
ment. The only hill passed affecting
fraterna beneficiary societies q
one which prohibits any two or more
such societies from amalglmatins
unless the members of each IRE per
oonally pothrd by mail ~ the ~.
tcntiOn so % do and notice thereof
published ia I'VE newspapers and tile
contract Of amalgamation or relnSur.
ance Is first approved 10y commission
composed OF thu governor, attorney
general and commissioner OF insur-
ance. This measure Is designed Ia
protect The interests OF the members
Of these societies aud prevent their be.
ing transferred 10 their great disad.
vantage 10y officers and directors who
may profit by the transaction.
Nl of these insurance bills are now
In the hands Of the senate committee
on insurance. They viii be reported
ont this week. and thcrc'ls little doubt
that all of them will become laws.
They Will give Michigan all the new
legislation that Is needed on this sub
ject.
Ticket scaiping Evil.
The ticket scalplng evil has assumed
such proportions In Michigan that II
f...,.,,o ,,o.....u,.x, a., nvua.I ~ th.. Loo
islature for help This has been fur.
nIshed IN the shape % hill which
has passed both houses and Is ready
FOR the governors signature which ~
viii receive The bill applies TO tick
cts for theaters. tircuses. athletic
games and all kinds Of puhlic amuSr-
ments IL provides that the price or
the ticket shall Toe printed thereon in
conspicuous type. and that no person.
firm or corporation shall sell To sub
office or other agency tickets NJ a
greater price than the advertised price
or than they are sold Tor ~ the box
Office In casc tickets are sold in lots
AZ less rate than the general admis-
slos charges. or m ease II Is printed
on she tickets that they arc not trans
fcralplc. u Il made nnlIwfnl for the
holders ~ such tickets % sell them 10
othpr persons. \ penalty ~ line Of
from S35 10 Sloo or imprisonment In
the county IAN for term ~ from ten
- sixty fHys n provided f1r violation
or ihe INV
Local option B.ii Dead.
Although surprisingly large num-
Der of bills permitting city Did village
authorities 10 limit the number ~ 81.
looms and otherwise regulate tho Ito
pr traffic withih their respective inris.
d,tlpus have been passed this session
the general local option blu which was
frsigg'i Up apply % fhe state ~ large
~ adult. ty it's SPONSORS 70 ~ dead.
with nv hope of resurrection
Primary Election Biii.
The prospects for the enactment of