The Bridgeport evening farmer., 1913-06-07

partnership, association or corpora ton of this state, unless such person, partnership association, or corpora- ton of such other state has taken out a brokers license in this state and paid the same fees as are required in like cases by such other state
 Sec 2.-Any person violating any of the provisions of this act shall be fined not more than five hundred dol lars
 Chapter 72-Any life insurance company chartered by and doing bus mess in this state shall have power to hold the proceeds of any life inslIr- ance policy issued by it. in trust. up on such terms. and subject to such limitations as to revocation by tho poIicyholder and control by the bene- ficiar1es hereunder. as shall have been agreed to in writing by such company and the. policy holder.
 Chapter 1O4-Section l. No pol. icy of life or endoWun ent insurance shall be issued or delivered in this state unless 1t contains a provision that the company may, at It's option. defer the granting of any loan other than to pay premiums on policies in the company and may, at its option, defer the granting of any surrender value for a period which shall be stated in said provision and shall be not less than sixty days from the date
 
 surrender va4se. provided foreign insurance conn panyz may issue in this state any policy containing provisions required by the laws of its own state respecting the deferring of loans or granting surrender values and a do- mestic insurance company may issue in other states policies which contain provisions relating to the deferring of loans or granting surrender values required by the laws of such states Sec. 2.-Au acts or parts of acts in consistent herewith are hereby re- pealed.
 Sec. ss-This act shall take effect January 1, 1914, but any fife insur- ance company may insert in policies issued or delivered in this state after the paSsage of this act and prior to said date the provision set forth in section one of this act.
 Chapter 92-Section 4122 of the general statutes is hereby amended l to read as follows; Premiums Of in surance, taxes, and assessments. paid | by the mortgageA. and the payment | of the interest on any prior mortgage ! or lien by any subsequent mortgagee | or nenor of any property to protect | his interest therein, shall be a. part of ] the mortgage debt, and shall be re- funded to him before he is required to release his title.
 Chapter 125. That the insurance l a committee appointed by him, shall at least once in five years viBft each | fire insurance company incorporated by this state thoroughly examine itE l financial condition and ascertain whether it has compiled with the law Chapter 122--Any life insurance | company organized under the laws of | this state, or transacting business | within the state. may issue policies of | insurance predicated upon the life or lives of any person or persons, pay | able at maturity to any educational, | ecclesiastical, benevolent, charitable l or elemosynary corporation which | can legally take and receive testamen- tary Iegaeies, irrespective of a fnan- cial interest on the part of said cor poration in the life of the person or l persons insured.
 Chapter I22. No policy of life in s11rance shall be issued or delivered ! in this state if 1t shall purport to be issued or to take effect before the ap- | plication for the insurance was made if thereby the applicant would rate at | an age younger than at the date when the application. wus made accoiding | to his age at nearest birthday
 (To Be Continued Monday.)