Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1909-07-08
Published juno 4, 1909
rER, OF LAWS OF 1909.

No. 400, 81 published Juns 4, 1909.
CHAPTER 287, LAWS OF 1909.
AN ACT to amend section 1903 of the
statutes, relating to the Investments OF
domestic insurance companies.
The people of the State of Wisconsin, repre-
scented in Senate and Assembly, do enact
Section /, Section 1903 Of the statutes
is amended to read: Section 1908 l. ANY
domestic insurance corporation, where no
other provision ls made By law, may
invest its capital Rs fol-
lows:
proved, unenCumbered real estate within
this state worth At least fifty per Centun
more than the sum loaned thereon, eXClu-
sive of buildings unless such buildings are
kept insured to an amount which together
with uue-half the value of the land shall
equal or exceed the loan, and the policy or
policies of insurance thereon be assigned
to and held by said corporation as coIlat-
eral to such loan.
b. Any lawfully authorized bonds or other
evidence of Indebtedness OF the United
States, or Of any state Of the United States.
c. In the bonds or other evidences Of in
debtedness Of any county, city, town, viii
lage, or school district Of any state or ter
ritory of the United States or Of the Dis
trict of Columbia.
d. In the first mortgage bonds Of any
railroad or other public service, corpora
ton Of any of the states In which said in
surance corporation shall be doing business
at the time of such Investment.
2 ANY other funds Of such Insurance
corporation may be invested
a. In like bonds or evidences Of Indebted
ness or
b. In the stocks and bonds or other evil
deuCes of Indebtedness of any solvent divi-
dend paying corporation Of any state in
which said insurance corporation shall be
doing business at the time of such invest
ment except stock in its own corporation
OF in any other insurance corporation.
c. Upon the collateral security OF any Of
the foTegoiong securities, provided that the
market value Of such securities shall. dur
Ing the continuance Of any such loan, be at
least ten per centum more than the sum
loaned thereon
3. No such company shall invest In. &C
Guire or hold directly or indirectly, more
than ten per ceutum OF the capital stock
ten per centum OF its capital or surplus be
invested in the stock or securities OF any
one cor2oraticn
Section 2 This act shall take effect and
be IN force from and after its passage and
Approved June 2, 1909,
No ~ s. os IPq 4h 4Ss I've nP ,oo6 1900,
AN ACT relating to the publication Of re-
ports OF the Shiloh monument commits
sion. and the Andersonvtlle monument
commission
sented IN Senate and Assembly, DO enact
as follows:
Section / The commission appointed
pursuant tc the provisions OF chapter 800
Of the laws CT 1903 to select s monument
and have the same placed IN its proper 10
cation N the old prison GROUNDS OF Ander-
sonviIle prison near Ande-sonyilIe. Georgia.
are hereby authorized and directed TO make
a suitable report on the erection and dedi-
cation Of such monument. such report 10
contain suitable cuts and q history of the
prison, together with the list OF the names
OF the soldiers from Wisconsin who died IN
said prison and we're buried in the national
cemetery 81 Andersonvilie. Georgia. and
such other material as said commission
shall deem advisable. Such report shall he
49,.
in book form. and such printer Is authorized
and directed 20 print two thousand copies
OF said report. and in Ike manner there
shall be published and printed one thou
sand copies of the report Of the Shiloh
monument commission. IN addition TO the
number heretofore issued.
Section ? Any unexpended balance Of
the appropriation made in chapter 30 CT
tbs Laws Of 1904, az amended ~ ehS1eas