St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1907-05-10

.r. W. A i II .Fes0GA AHFFlH 51g.EL lE%Si-8t
shall be paid to the state treasurer and
credited to the state game and fish COM
mission fund.
Operating nets under the provisions of
this act are hereby permitted to con-
structAt temporary fish ponds for the pur-
same can be marketed, provided that
fish so taken may be shipped to points
within or without this state at any time
and in n quantity.
the provisions of this act shall be guilty
of a misdemeanor and shall, upon con-
viction thereof, forfeit his bond, and he
punished by a fine of not less h fifty
C$1OW dollars and the costs of prosecution.
or bv Imprisonment in the county jail of
the county in which such otiiense was
more than ninety 600 days, or both such
fine and imprisonment, in the discretion
of the court.
Sec. 2. All acts or parts Of acts incon-
sistent with this act are hereby repealed,
Approved April %, 1907.
CHAPTER s1e-s. f. NO. ss7;
AN ACT relating to the compensation OF
town supervisors.
Be it enacted by the Legislature of the
State of Minnesota:
in this state having an area Of forty
sections or more the compensation al
lowed each supervisor shall not exceed
the sum of sixty dollars ($6o) in any one
year.
Sec. .. This act shall take effect and be
In force from and after it's passage.
Approved April %, 1907.
CHAPTER 317-H. F.. NO. 1O5.
AN ACT to amend section 4o25. Revised
daryfct 1898 nr rei i5, t to 81 c fht nsaes. OF
Be it enacted by the Legislature of the
Section i. That Section 4o25. Revised
follows:
"section 4o25. Every justice, within
twenty, days after any conviction had be-
hand, briefly stating therein the offense
charged, the conviction and judgment.
and the amount Of fine collected: The
same is filed shall thereupon record,
docket, index and make permanent rec
ord of such conviction in books kept for
ceive for such services the same compen
sation as is now by statute provided for
entering and indeXing all other similar
in ten days after the trial of any Grim.
1nal action before him, such justice shall
prepare an itemized statement of the
costs taxed therein against the state and
liz LIN S"AAAS ASiA lAS SOIAN 1AS
No bills for justice fees shall be allowed
by the county board until such state
ment is filed as herein provided, and un-
til all fines collected by such justice have
been forwarded as provided by law. For
each of such reports, required to be made
by this section. the justice may include
In his taxable costs 25 cents.
Approved April %, 1907.
CHAPTER Ssh. F. NO. 1888.
AN ACT providing for the organization
and operation of cooperative and as
sessment life and casualty insurance
companies, and for the repeal of laws
inconsistent Herewith.
Be 1t enacted py the Legislature of the
State of Minnesota:
Section l. Every corporation, society
or association which issues a certificate
or policy or makes an agreement with it's
members by which upon the decease of a
benefit conferred upon, the legal repre-
sentatives or designated beneticiaries of
such member, or reaching a certain age
TO pay any money or benefit to him, such
money or benefit to be derived from VOL
untary donations, admission fees, dues
or assessments to be collected from It's
members or any class thereof, and which
reserves the right to make any additional
assessment, or without the consent Of the
certificate or p~olicyholder to increase the
premium named therein, shall be deemed
to be engaged in the business of life in
surance upon the cooperative or assess
ment plan. Every corporation which ike
wise agrees in case OF accident, ckness
or other physical disability, or reaching
a certain age, to a money or confer
benefits likewise derived and issuing GER
titicates or policies with similar condi-
tons with reference to the aymen of
dues or assessments, shall be deemed to
insurance upon the cooperative or as
sessment plan, and shall, except as here
In otherwise specified, be subject to the
provisions of this act.
a. . Nj ooc~o~ntioa ~ r1-v - oor
lied to transact business in this state,
shall be. licensed to transact the bust
ness of life or casualty insurance, or
both, upon the cooperative or assessment
plan until at least TWO hundre n fifty
(25O) persons eligible to membership there
in have made Individual applications in
writing therefor, containing warranties of
age, health and other required conditions
paid into the treasury of such corporation
for it's use and benefit the sum of at
least five THOUSAND $4,000 dollars, which
indemnity claims under its policy or
membership certificate contracts. The Ii
cense issued to such company shall be re-
corded in the office of the register. Of
office is located before the same becomes
effective.
Sec. 3. Every such corporation, except
set aside 10 per cent of its gross premium
receipts or assessments each year as q
reserve, until the same, together with any
reserve already accumulated, shall amount
to the sum OF twenty-five thousand $780,
WO) dollars, which said reserve fund shall
be deposited with the insurance commits
sioner OF the state OF Minnesota: for the
benefit of all it's p~olicyholders. Such de-
post may consist of securities of the
class in which insurance companies are
authorized to invest under the laws Of
this state, and the company depOsiting
the same shall be entitled to the income
derived from such securities. No for
eign insurance company upon the co-op-
erative or assessment plan, shall hereafter
be permitted to transact business in this
state unless it makes the deposit herein
before required Of domestic companies,
except that where by the avs of the state
under which said foreign company is or
does maintain for the benefit of all it's
p~olicyholders a deposit with some proper
officer of such state of an amount equal
to the deposit required by this act, the
deposit with such other state shall be a
sufficient compliance with the provisions
of this section. No deposit of securities
other than that herein provided for shall
be required of any such cooperative or
assessment company, any company trans
acting the business of life insurance, upon
the cooperative or assessment plan, n
creating and maintaining a greater re-
serve than herein rovided for, may elect
by written stipulation, filed with the in
surance commissioner, to keep on deposit
with the commissioner it's entire reserve
and special benefit funds, other than NOR
tuary funds; and thereafter said entire
reserve n special benefit funds shall
be deposited with said commissioner in
securities Of like character and upon the
same terms as provided herein for the
deposit of the reserve required by this