Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1915-02-28
LIFE INSURANCE
BILL IS KILLED
House Puts Clincher on Aliens
Assessment Life Company
/. Bill.

Senator Aliens bill relating to as
sessment life insurance companies do
ing business in this state was resur
rected on Friday and was placed on
yesterdays house calendar for third
reading and final passage. But twas
a short lived resurrection for the bill
was killed by a vote of A to 36 and
when a roll call was taken there were
sc voting to indefinitely postpone and
Al voting for the bill. Staale Hend-
rickson moved to reconsider and lay
the motion to reconsider on the table
and this motion carried by a good
vote.
Mr.. Hendricsson took the initiative
when the bill came up and moved to
indefinitely postpone it. j.. N. Torson
argued in behalf of the measure but
Hendrickson came back with a good
line OF answering argument. He
stated that the insurance commission
er, but a few days ago, had received
notice that the Merchants Life asso-
citation of Burlington, Ia, has chang
ed to q legal reserve company and so
there are but three. assessment life
life companies left doing business in
the state.
L. L.. Tw1chell also argued against
the bill and stated that no assessment
life companies ara allowed to do bus
mess in the state of New York now.
He also argued that should this bill
pass these four companies could go
out n say that the legislature of
North Dakota, after due inyestiga-
ton into the halter, had singled them
out as the only four assessment life
associations fit to do business in this
state.
Harris for the Bill.
Mr.. Harris of Burleigh said that
the Legislature would be exceeding it's
authority If it should keep these COM
panies out of the state and dictate to
the people what sort Of insurance hey
should buy. At this time Mr.. Peter
son of Nelson moved the previous ques
ton and lHendrickson's motion to in
definitely postpone the bill carried.
Roll call being demanded and grant
ed, showed the members voting as fol-
lows, the question being the indefin-
tie postponement of the bill and those
voting aye voting against the bill:
A~yes-Axvig, Balsdon. BARLEY. Eat.
ger, Bixby, Blanchard. Bratton, Carey,
Converse, Dean: Divet, Geiszler, Grow,
Gunthorpe, Harty, Hedalen. Hendrick-
son, Hort, HOman, Isaac, Kelly, Knox.
Larson, Master, Moeckel. Montgomery,
Moore, Morgan,M Morrison, Moses. Nc
Clellan, McClintock. McQuillan. Nara
more, O'Keefe Peterson, Purcell,
QuanDeck. Robertson. Robbie, Ryan,
Sandbeck. Sinclair. Smith of Ward,
Stinger, Smith OF Kidder, Thorne.
Thompson of Ward, L. A.. Twichell, !
Turner, 7. Twichell, Wanner, Watt,
Wiley, Williams, Mr.. Speakers.
N~ays-Allen, Baldwin, Burgett, FOL
linger, Burnett, Carney, Cooper, Dick
inson, Dixon of Rolette. Engle, Erick-
son. Eversol, Fraser, Frietag, Harris.
Hickle Hjelmstad, Hcghaug, Husband.
jacobson. Jafr,, Johnson, Kringan,
Langedahl, Leonard, Liudahl. Mad
dock. McMillan. Ness, Moves, Odland,
Pendray, Pitkin, Reinlers, Siple,
Steenson, Thompson of Sargent, Tor,
fin, Torson, Westdahl, Wolecr-.41.
Absent and not voting-Aker Bass,
Boyce, Dickson of Dunn, Hara Gson,
Kellogg, LANCE. Lathrop, List, Myhrc.
peterson, 'flOynarr ROtI, ocnati ano
Talfack-15.
One Month More.
The insurance companies affected
by the above action have still anntll.
err month to continued doing business
in this state under their present
licenses.
1t is probable that the attorney gen.
erals department will hand down an
opinion relative to the legality Of such
companies doing business in this state
under existing laws, which opinion
it is thought will he favorable to the
companies and will allow assessment
life associations to do business in the
state.
One of the officers Of the Guarantee
Fund of Omaha. Neb., has been in the
city for the past few days in connec-
ton with the above bill.