Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1913-08-22

thereof. be a bar to recovery against the
other Of the amount SO paid, and pro-
vided, further, that as between the en-
ployer and the insurance company pay
ment by either directly to the employee
ton, shall be subject to the conditions OF
the insurance contract between them.
Section 2394-27. /. Every contract Tor
the insurance of the compensation herein
provided for, or against Liability thereIor,
shall be deemed to be made subject to the
to 2394-31, inclusive, and provisions
thereof inconsistent with sections 2394-
8 to 2394-31, inclusive, shall be
void. No company shall enter into any
such contract Of insurance unless such
company shall have been approved by
the commissioner of insurance, as pro-
yided BY law For the purppasdes q sf iG
elusive cluni each each employee shall constitute
separate risk within the meaning OF sec
ton 189Sd of the statutes; provided, that
at least five employers shall join In the
organization Of a mutual company under
subdivision 60 of section 1897 and no
such company organized by employers
shall be licensed or authorized to effect
such insurance unless such company snail
have in force or put in force simultane-
ously, insurance on at least one thousand
five hundred separate risks.
2. The industrial commission, by it
self or it's employees, may examine from
time to time the books and records OF any
liability insurance company 1nsurlng Ia
bility or compensation for an employer
in this state. Any such company that
shall refuse or fail to allow the industrial
commission to examine its books and
records or to file the report required by
subsection of section 2394-27, shall have
it's license to do business in the state re-
voked.
8. Every company transacting the
business of compensation insurance, IN
addition to all other reports required by
law to be made SHALL on or before the
first day of March in each year, on
blanks furnished for such purpose, make
and file with the industrial commission
an annual statement of its business and
accident experience covering the year
ending on the preceding thirty-frst day
Of December.
4. Every insurance company, includ-
ing any inter-insurer or other insurer au-
thOrized to do business within this state
and inSuring the liability of employers
for compensation as herein provided, shall
file with the industrial commission It's
claSSificationS of risks and rates OF pre-
MUM relating thereto, and any changes
in or additions to such clasSificatiOns or
rates of premium. No such company
shall issue in this state any policy 1nSur-
ing against such liability for compensa-
ton except upon the classifications and
rates of premiums so filed with the indus
discriminate between insured having risks
in the same class and degree of hazard
by the granting of any rebate or deduc-
ton in such rate Of premium, or by any
change of classification for the purpose OF
granting such deduction or in any other
manner. Amy such company or agent
violating any provision of this section
shall be subject to the penalties provided
by section 1850. Upon the fling of any
complaint with the commissioner Of in
c,1ro oil i1o in1o of
section proceedings shall be had thereon
as provided for violations Of section
1860.
Section 2394-2S. Any employer against
whom liability may exist for compensa-
ton under sections 2394-S tc
2394-31, inclusive, may, with the appro-
val of the industrial commits
sion, be relieved therefrom by:
Q) Depositing the present value of the
total unpaid compensation for which such
liability exists, assuming interest at three
per cent per annum, with such trust
company of this state as shall be desig-
mated by the employee (or by his de-
pendents, in case of his death, and such
fault of such designation by him Con
them) after ten days notice in writing
from the employer, with such trust COM
pany Of this state as shall be designated
by the commission; or
(2) By the purchase of an annuity
within the limitations provided by law, il
any insurance company granting an
nuities and licensed in this state, which
may be designated by the employee, OF
his dependents, or the COM
Section 2394-29. The com
mission shall cause to be printed and
furnished free of charge to any employer
or employee such blank forms as 1t shall
deem requisite to facilitate or promote
the efficient administration of sections
2394-3 to 239E31. inclusive; il
shall provide such proper rec
deem required for $ y the proper an6
efficient administration of sections 1884
8 to 2394-31, inclusive; all sucl
records to be, kept in the office of the = :
commission. The commission shall
- cause notice of = employers sub
employees, ** in such manner as
the = commission shall deem most ef
fective; and the commission shall
likewise cause notice to be given Of the
but Notwithstanding the failure to give, o.
the insufficiency of, any such notice
knowledge of ** the fact shall conclu
sively be imputed to all employees.
carry out the provisions of sections 1884
to 2394-31, inclusive, is hereby ap
| propriated out of any money in the treas
ury not otherwise appropriated.
Section 2394-3l. Inc legislature IN
! tends the contingency in subdivision G.
of section 2394-1 to be separabl
part y thereof, and the subdivision
! likewise separable from the rest of sec
lions 2394-1 to 2394-31, inclusive, AM
| that part of said section 2394-1 that fol
| lows subdivision 60 likewise separ
able from the rest of sections 23e4-1 t
2394-31, inclusive; SO that any part o
said subdivision, or the whole, or tina
part which follows said subdivision g
y may fail without affecting an
| other part of sections 2394-1 to 2394-31
] inclusive.
Section g. This act shall take effec
and be in force from and after June &c
| 1913.
Approved June 26, 1918. Copy Law
No. GA, Al Published June %, 1918