Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1913-05-09
EaGHs
ENtL AA

OF similar ktna and exposed to risk of ne
or tornado in like manner. Pm III
He ehall then ascertain the amount Of III:
surance in force upon all state property and
provide for such additional Insurance & % -
necessary. III t4$ 5ss s
He shall certify to the state treasurer the
amount Of insurance upon such property 70 oe
carried BY the state and order the state treas
nrer to credit to an account which shall be
Kept by the treasurer and Known as the state
insurance account an amount which 40 FER the
lol6 Shall be equal to the premium az nXed
by the commissioner Of insurance and which
cent, Of said premium, and the amount {, 50 50
credited by the state treasurer to the sta he
Insurance account shall be debited by the
state treasurer to that account which sh nsl
be kept upon his books with the proper oiice IT.
agent or board of trustees or regents Wn.e,
may have such public buildings and pro o y.
in its charge, and the amount SO .deplted py
the state treasurer to said officer agent OF
board shall be deducted by him from ,. any
may thereafter re- come into, his hands and pay
able to said officer agent or ooaro OF tr t
or regents for insurance on state property.
The state commissioner of Insurance snail Il
not cause any policies to be canceied Wnlcn
may be IN effect on August LIST, 10l3. but
shall provide for the insurance OF nuiIalngs
and property as herinbeore stated & .t1a
as the policies existing on August lst, lO!a.
may from time to time expire so as to main
tain at all times the amount Of Insurance re-
quIred by the provisions Of this act.
Sec 8. In case any buildings or property
OF the state shall be damaged by fire or
tornado the commissioners Of insurance shall
within thirty days ascertain and NJ the
amount of such damage and forthwith ne
with the state treasurer statement OF tne
The amount of loss when nxed snall
by the state treasurer be dehited to the stare
insurance account and credited to the proper
fund Of the officer, board of control, board Of
trustees or other agents, In whose contros,
said buildings or property belongs, TO pe 9seu
by 50 id officer, board agent for the reDuiAulns
or restoring or the property damaged anu
to be disbursed by the state treasurer IN sucl ~
manner as other state funds Tor the use "
said officer, board or agent are paid OUT anu
n at the time Of any such award Of loss or
damage by the commissioner OF Insurance.
there shall not be in the state insurance &C
count an amount equal to such award tne
full amount of the award shall notWltnstanu.
ing This fact be promptly paid by the state
treasurer above provided.
Sec. 4. For the purpose OF CARRYING W.
the provisions Of this act there Is hereby ,ap,
nropria ted ten per cent Of all sums cred1ted
nv the state treasurer to said state insurance
account above mentioned. The Commissioner
Of Insurance may employ any OF the employes
in the Department Of insurance and sucn lotneI
assistants as may be found necessary and M
the compensa zion Of such other assistahls'
which compensation together with the ex-
penscs Of sl,cll assistants and the commissioner
and his employees shall be- paid OUT OF tne
state insurance accounts upe6 proper vouchers
approved by the Commissioner ol Ahsuia AS''
Approved April Is, 1913.