The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1909-07-18

Carolina law. would also state that
this bill has the unanimous endoree-
ment Of the Alabama Fire Writsrf A.
ISOLATION. which association 10 CONF
posed Of the local agents throughout
Alabama. II also has the endorsement
of the IRE insurance companies, and
In fact when the bill 10 thoroughly un-
derstood II viii have the endorsemsnt
Of every law-abfding citizen and prop
erty holder within this State.
The subject in the proclamation ~
to amount Of capital stock and deposit
Of domestic casualty companies IL
drawn to cover q defect In the present
statutes at this time to require casu-
atty companies to maintain a capital
stock or to maintain . deposit f0f the
protection of their policy hoiders.-
The proposed bill a. to enactment
OF law prohibiting determinations, re-
batting, and Misrepresentation by life
Insurance. companies ID self-explana-
tory. 1t vii be recalled that the pres
emit statute has been held by the courts
not to prohibit the writing of special
or advisory board contracts. It IL also
common knowledge that rebsting IL
being INDUCED In by few insurance
agents almost .every day. It 10 q fur.
Their fact that stock schemes are be-
ing offered for sale to the public based
on the most fabulous estimates OF the
earning power Of the said stock. and, It
Is well known that such estimates can
hardly be realized.
The most glaring mistake made In
some newspaper stories OF the proposed
laws In the proclamation 10 in regard
to paragraph IS of the proclamation,
The amendment Of Sections 1881 and
1882 of the Code Of 1907 10 to cover
defects In the present Code. As 1t
now stands unauthorized Insurance.
companies are writing a large volume
Of business that should go to the au-
thorized fire companies through the
regular licensed agents. The proposed
law simply requires the holder. OF o
policy In an unauthorized company to
pay to the State q per centage on the
premium Of said policy equal to the
total per centage now paid by authors
lied companies. This Is all thereNs to
the two proposed amendments"
Considerable curiosity IL expressed
at the compulsory education section Of
the Governors call and the absence Of
any provision whatever for increasing
the amount of money for the schools.
Compulsory education. IL II Is to be
worth anything at all. 1t 10 said, will
bring materially more pupils to the
schools, especially the rural schools .
Nobody has heard OF any appreciabie
crowded at the seasons height. The
cotton mill children have had to at
tend and this created school room
famine.
It has been said that compulsory ed
ucation Is. nugatory without school
space. There Is nothing In the call
OF the Governor which will allow the
districts or the counties to vote addi-
tional taxes for taking care of the new
pupils. And there In In sight no big
treasury surplus for the benighted
children of the State. But IL II should
pass the Legislature. It is said that
there will be a revolution In the ne
gro educational situation, for the GEN.
sus shows that there Is conspicuous
disparity between the number of ne
gro children Of school age who go to
school and who stay away. Compui-
sorry education that would apply to
both races would put considerable
additional burden on the school fund
Of the State.
It is the commons understanding In
local political circles that the Cover
nor's inclusion of law to unite the
three big State funds is simply to en-
act into law what has been the GUS
tom of year after year. The law pro-
vides one thing, II 10 said, but the