The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1913-05-02

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or Similar Kind ana exposed to risk Of fire
or tornado in like manner. 8 .lsss
5S He shall then ascertain the amount 4of In
surance insforce upon all state property and
provide Tor such additional Insurance. as IS
necessary. S&j.-% - :-A q e * s~51s, Z
He shall certify to: the state treasurer the
amount of insurance. upon such property to be
carried BY the state and order the state treas
n p to credit to an account which SHAH 9e
insurance account, an amount which for the
fiscal years ending July 31st 1914, 1915 and
1916 shall be, equal to the premium, as fxed
thereafter shall be equal to seventy-nve per
cent, Of said premium, and the amount so
insurance account shall be debited by the
state treasurer to that account which shall
be kept ppoa his books With, the proper OFFICER.
may have such public buildings and property
in its charge, and the amount so debited by
the state TREASURER to said officer, agent or
board shall be deducted by him from any
funds which may be in his hands. or which
may thereafter come into his hands and pay
able to said officer agent or board OF trustees
Or regents for insurance on state property
The state commissioner Of insurance shall
not cause any policies to be CANCELLED which
may be in effect on August 1st 1913, but
and property as herinbefore stated. increasing
the amount Of state insurance at such times Inc
MS the policies existing on August 1st' 1918
may from time to time expire so as to NAM
tain at all times the amount OF fnsurance're re-
dured by the provisions Of this act.
Sec. s. In case any buildings or property
of the state shall be damaged by fire or
tornado the commissioner Of insurance snaii
within thirty days ascertain and hx tne
amount of such damage and forthwnn ne
with the state treasurer q statement OF tne
same. Tho amount Of loss when nxed snall
by the state treasurer be debited to the state
insurance account and credited to the proper
fund of the officer, board Of control, board OF
trustees other agents, IN whose contro'
said buildings Or property belongs. 10 DC useo
by said officer board or agent for the reouAolns
or restoring Of the property damaged ano
to be disbursed by the state treasurer IN suc1
manner as other state funds for tho use OF
said officer board or agent are paid OUT ano
If at the time OF any such award OF loss OF
damage by the commissioner OF insurance
there shall not be in the state insurance &C
count an amount equal to such award tne
ing this fact. be promptly paid by the state
treasurer above provided
SEQ. 4. For the purpose OF cafrylng ou'
the provisions Of this act there is hereby ap.
propriated ten per cent OF all surnS cSeolteo
by the state treasurer to said state lneurance
account above mentioned. The Commissioner
Of Insurance may employ any of the employees
IN the department Of insurance and such otner
assistants as may be found necessary and M
the compensat ton Of such other assistants
which compensation together with the OK
penses Of such assistants and the Commissioner
and his employees shall be paid out OF tne
state insurance accounts upon proper vouchers
approved by the Commissioner Of Insurance.
Approved April %. 1918.