St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1913-05-02

use and occupancy, and direct Or conseaaen.
.temDeraturs resulting from the destruction
q q Is sonnsstioa.. y ar:, nshtnins. hall,
eo@missions. Sank.notss. biil. Is exchange;
respondents interest and every INSURANCE
risks and risks Of transportation ana na1{-
canal and, inland transportation and navisa.
ton, assurances upon automobiles, motorcycles
o OF b einsF o %ersa ,Yen andss , Mhs1he ow 1ta1 peMeT,
which shall include I'll or any Of the hazards
Of, Of nse. eaglosion, transportation: collision,
erty resulting from the maintenance and use
of automobiles, and loss by burglary or theft
OF both. but shall not include assurances
against loss by reason OF bodily injury to
3. To insure property Of the assured. or
NE lite person, or property Of anotner Tor which
caused by the explosion Of steam boilers,
and caused by breakage or rupture Of ma
T. To make contracts OF life OF. endow-
pose Of annuities or endowmen.s Of any
kind, but not including authority to any
insurance in this state to take any other
kinds OF risks except those connected with or
appertaining to insurance on life or against
granting. purchasing and disposing Of annu-
ties and
8. To insure against loss or damage By
cident Of the assured, or Of any other per-
son employed BY. Or for whose injury or
desth tt the .,, ass1rsa i T.: ;re sge',fn :, ,.r.,,. ~
fducdary positions, public or private, or to
act as surety on onaoial and other bonds,
and for the performance Of omcial or other
Z. TO insure owners and others interest In
real estate against loss or damage, by reason
Of defective titles, membranes, or other
g. To insure against los. Or damage by
breakage Of plate glass. located or in transit.
burglary or theft, or attempt snsreas, or
transportation.
water. caused by accidental breakag6 or
leakage OF sprinkler system:
r.. To guarantee merchants and these en-
saged in business, and giving credit, from
i ioss 1 sK re sSsn. Of IT., Etv ansn credit r. t, to those oo.se c deal,
IS. r. insure against loss or smage to
theft. and other periis Il opeTation..' and
against liability for damage to property Of
others h. - sy ,n %se''':'e sa., T,th u ssah %vs sa4 g.. Or
by tho insured Or y those for whom the In
so Tho = ea iisc1s1'e esellt., stock Of every ,uoA
dred thousand dollar. a1oo.oool except that
speeined IN suediSisioa : 2 shall have 81 !. psid-up
saad dollar. s2eoIoo9l .ad eompanis. an
subdivision s shall have q peid-up capital
Of not less than two hundred nifty thousand
ao,1aas $3.50 o 81 600 not ap ID, a t, sgrDi a9fv cf fReGsang
dollars (s5o,ooo). But any company having
a paid-up capital Of not less than the ag-
gregate capital required Of two companies
specified in subdivisions 4 and {, respectively,
t eg 50 ~ pr smend4ae IN ' tse ssftinf %e2 O. aom 31eGr9o fse
business Of the two first mentioned or, Of the
two last mentioned, and transact tho same
as as. ono n corporation nan,t ana @ny IL corporation 20 thsn az
HUNDRED hug PA ffty th sap1aat q do1l RSs ~ $500 ,osS s snd
q surplus constantly. maintained Ct not less
then nI'y TO 't tpanaaet I Business sS1 CHEZ than ham the the
respectively. may also engage in any and
vided except those last above specified: Any
such corporation authorized to transact the
business specified in subdivision l having q
in it's charter or certificate Of INCORPORATION,
may also engage in the kinds Of business
speoIneu II sAOuA'ASlonS 1 LIZ Los w cAeneA
Of them; and any such corporation anthoriz-
ed to transact the business specified in sub
division 2 having a paid-up. capital OF not
less than" three hundred thousand dollars
$500 ,0001, by so providing in Its charter or
certificate Of Incorporation, may also engage
In the kind Of business specified in subdivision
10.
The certificate OF Incorporation, in addi-
tion to the general requirements shall specify
and except in stock corporations, the quail
Of member the methods Of provid-
ing corporate funds, and the classes OF prop
erty it may insure.
The charter or certificate Of Incorporation
Of any insurance corporation organized under
any general or special law may be amended
in respect to any matter which an original
certificate Of a corporation Of the same kind
may lawfully have contained by the adop.
and by tho approval, filing, re-
cording and publication OF the same in the
manner prescribed by the general laws Of
this state relating to amendments to certi-
fcates Of Incorporation.
No such corporation shall transact any
esarter 0a and srtt enan Of mas asso snettpsao Al 's
Insurance on automobiles, motor cycles and
other motor vehicles against loss or damage
by fire, when combined In one policy with In
surance against one or more OF the other
hazards mentioned In subdivisions 2 and 13
Of this section. need not be In accordance
With Section 1910 OF the Revised Law Of
1905.
Sec. 2. sect1on 1897 Revised Laws OF 1905
as amended by Chapter $50 of the laws Of
1909 and Chapter 11s Of the General Laws
:, Approved April p, 1918.
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