Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1913-08-22
LAWS WISCONSIN PASSED DURING SESSION OF 1919,

draw his warrant payable from the
general fund, and the state treasurer
shall promptly pay such. warrant out
manner above provided. and the COM
missioner shall thereafter from time
to time order such reimbursement Of
the general fund from the state in
surance fund as he shall deem proper,
on which order the secretary Of state
shall issue his warrant for such trans
fer.
Section = ts7sd 1. No county
or village board or common council
and no officer or agent of any county,
city or village having charge of any
public buildings or property Of any
county, city or village, and no city
trict or library board having charge
Of any pubic building or property Of
a school district located within any
Incorporated city or village, shall con-
tract Tor or pay out any money or
funds for insurance, against fire or
any other risk upon property, on and
after the first day of July, next after
vote of g such board or council
to insure under this section, ex-
cept as may be certified by the COM
missioner of insurance to be neces-
Sary.
2. On or before June 10. next after
such decision by such board or
council the y clerk thereof -
shall report to the commissioner Of in
surance each policy Of insurance which
shall then be in force upon any property
Of any kind belonging to the county,
city or village or to the school dis
trict, whether under the control of
such board or council or any
other board, officer or agent stating
the property covered by such policy
the date of the issue and expiration
thereof, the amount and rate Of In
surance and premium thereon.
8. Beginning the first day of July,
next after such decision by =
such board or council, the insurance
city, town or village or school dis
trict shall be provided for, and
adjustment Of losses made by
the commissioner of insurance, in the
manner provided by sections 1978b and
1870 for the insurance of property
Of the state, except that the premium
shall be certified by the commissioner
to the clerk Of the town, village, city,
county or school district. Upon re-
ceipt of such certifcation of premium
due, the same shall be audited as
other claims against towns, villages,
cities, counties or school districts are
audited and shall be paid into the state
treasury for the benefit of the estate
insurance fund in default of which
the same shall become special charge
against such town, village, city, county
or school district, and be included in the
next apportionment or certifcation Of
/
as other special charges are collected,
with interest at the rate of ten per
cent per annum from the date such
premiums were certified by the COM
missioner. If any board or
council shall so order, the amount of
insurance upon the whole or any part
of the property under it's control shall
be fixed at such per centum or sum
less than the ninety, per centum spe-
Gifted in section 197Sb as may be fixed
by such board or council. Any such
board or council may pay premiums in
advance for five years by fling notice
with the commissioner of insurance
OF it's intention SO to do, and paying
four times the annual premium at the
time the first annual premium be-
comes payable.
4. Provided that policies in force
on said first day of July shall remain
in force until terminated, as provided
in such policies; and that = said
clerk shall give notice to the commits
sioner of each termination, and the
state insurance hereby provided for
shall take effect from such termina t..
ton.
5. The amount paid on account of
any loss shall be disbursed by the
county, city or village treasurer or
treasurer having charge of the funds
of the school district in such manner
as other = = i funds for the rebuild
ing or replacing of any building or
other property, on account of which
SUCH loss mas peeu incurred, SUBJECT
to the direction of the board, officer
or agent 81 having charge of such
building or other property.
6. For carrying out provisions of
sections 197Sa, 197Sb, 1978c, and this
section, the commissioner with the ap-
prevail of the governor, may employ
such assistants as necessary and fix
their compensation, which compensa-
ton together with the expenses
of such assistants and of the
commissioner and his employees, shall
be paid out Of the state insurance fund
on the certificate of the commissioner,
audited by the secretary of state. The
state fire marshal shall make such
inspection and report upon all property
insured under said section as may be
required by the commissioner
Section s. This act shall take effect
and be in force from and after it's
passage and publication.
Approved July 81, 1913. Copy Law