The Bridgeport evening farmer., 1913-06-06

this state by such company or asso- citation during said calendar year Tor the time to transact business in this state, together with the name or each such reinsuring company, ana the amount of such premiums pa1d to each such company.
 Sec. 2.-Resident manager Of every such insurance company or aasoc1a- ton incorporated by or orgatized un- der the laws of any foreign govern ment shall hereafter annually, on or before the first day of March, pay to the insurance commissioner a tax to be computed upon the amount of pre- miums, less said return premiums in cluding cancellations, so collected or received by it in this state as follows: Two per centum upon said premiums, less the per centum of tax, of any, which by law is to be paid in this state by the reinsuring company upon the amount of said premiums, less said return premiums including can ceIlations so paid for such retnsuran- ces, provided no such deduction shall exceed in any case said two per cent um.
 Sec. 3-The insurance commission CT may require from every such resi- dent manager bond with surety for the payment of said tax.
 Sec. 4.-Section two of chapter S4 of the public acts of 1903 Is hereby repealed.
 Indebtedness for Railroads.
 Chapter 25-Section 1. Section one of chapter 161 of the public acts of 1903 is hereby amended to read as follows: Whenever any town which had a grand list of less than two mill lion dollars on May l, 1903, and has sisting in building any railroad, shall desire to avail itself of the aid of the state in paying such indebtedness, the selectmen of such town or a majority of them. shall make written applica- ton to the board of control for such aid.
 Section 2-Section four of said chapter is hereby amended to read as follows: The provisions of this act shall continue in force until October i, 1923.
 Banks and Trust Companies.
 Chapter 60-That no state bank or trust company shall discount any pa per made, accepted or 1ndOrsed by any of its executive officers or clerks or by any partnership in which they are interested, nor make loans either with offer or clerk of the bank OF to a partnership of which they are mem bers, nor permit such officer to over draw his account Any. state bank vision shall be fined not more than $1,OOO-
 The state treasurer may at any time examine the books and accounts of any state bank or trust company in which there is stock belonging to the school fund.
 4h6 1Ol1OW1nS IS SIFuCk out or SSC@ tion 3,411 of the general statutes: land no such bank or trust company shall permit it's directors or trustees to become obligated to it to an amount at any one time exceeding in the whole the sum of 20 per cent. of its capital paid in and it's surplus and un- divided profits com bined.''
 No state bank or trust company shall permit it's directors or trustees to become obligated to 1t to an amount at any time exceeding in the aggregate the sum of thirty per cen tum of its capital actually paid in and its surplus and undivided profits com bined. Every state bank or trust company which shall violate any pro- vision of this section shall forfeit to the state not less than i've hundred nor more than one thousand dollars for each offense.
 No dividend can be declared untf all obligations, including demand notes on which interest Is unpaid foI one year, have been deducted.
 Concerning Tenement Houses. Chapter 23 amends the tenement. house law of 1911 in @ number, ot particulars. The first chapter i. amended to include towns which have a water supply and sewer system. Sec. l ton fifteen is amended by extendins I the provision, which requires al