The Birmingham age-herald., 1915-10-23

same manner and way as is furnish,
 10 other state departments; provided, hoy
 eYer that the furniture and fixtures no
 In use by the secretary of state for Il
 insurance department shall be assigns
 to the commissioner of insurance
 sec }. The commissioner of insuran,
 snail possess and have all the power ana perform all the duties of supervisio regulation and control of the business l Insurance in this state which powers ar
 authority are now exercised and attache 1 oy law to the secretary of state of tn
 state And the commissioner of insul
 ance shall exercise the same control ovs
 the Insurance companies, their officer
 and agents. and shall collect from thei | all taxes. fees and penalties as now rs l qulred by law, or may herea fter be rt l quired by law. The commissioner of ir 1 surance shall have exclusive contro | management and supervision of the dc l partment of insurance and shall be vest l ed with the authority now conferred b | law on the secretary of state and sha have full power and authority to do an perform all acts necessary to the car
 rying out and effectuating the purpos and ends for which the said departmen was created. And the secretary of stat of this state is hereby relieved iron any duties now, or hereafter, impose upon the secretary of state by any lay Of this state in relation to the super
 vision, control and regulation of tn
 business of insurance, and of any dut.
 imposed by law on said secretary O
 state as ex officio insurance commis
 sioner, and the commissioner of nsur
 ance is fully authorized and empowere,
 from and after the date of his appoint
 nent and qualification as such commis
 sioner of insurance to perform all dutie
 now required, or that may be required
 by law in relation to the supervision
 regula tion and control of the bushes,
 of insurance in this state.
 Sec. G. The commissioner of insuranc,
 Is charged with the duty of the ad
 ministration of all laws of whatsoevel
 nature that are now provided by law tt
 be administered by the secretary of state
 as ex officio insurance commissioner.
 Sec. '. That all books, papers, letter. and records belonging to the department of insurance now in the office of tho secretary of state, shall be delivered tc the commissioner of insurance imme. diately upon his qualifying under this act.
 Sec. B. The commissioner of insurance shall make settlements with the state treasurer as now or hereafter required by law
 Sec. g. The commissioner of insurance shall be provided by the state of Ala bama with an official seal. Every paper executed by him as commissioner of in surance in pursuance of any authority conferred on him by law, and sealed with his official seal, shall be received in evi dence and may be recorded in the proper recording office in the state in the same manner and with the same effect as q orlxr o1s ,lalr And the commissioner of insurance shall collect the same fees. and charges, for the use of his official seal as Is now col lected by the secretary of state.
 Sec 10. The commissioner of insurance before granting certificates of authority to an insurance company to issue policies or make contracts of insurance, shall he satisfied by such examination and evil dence as he sees fit to make and require, that such company is duly qualified under the laws of this state. to transact such business therein. At least once in every two years the insurance commits sioner shall personally, or by his deputy or some competent person appointed by him for that purpose, visit each domestic insurance company and examine it's af- fairs, especially as to its financial condi- tion and ability to fulfil, it's obligations and whether it has complied with the law He shall make also an examination of any such company whenever he deems it pru. dent to do so, or upon request of five or more of the stockholders or persons pecuniarily interested therein. who shall make affidavit of their belief with specifications of their reasons therefor that such company is in unsound condi- tion. Whenever he deems it prudent for the protection of policyholders in this state, and believes that any. company authorized to do business in this state has violated any of the provisions of this article he shall, in like manner visit and examine, or cause to be visited and ex amned by some competent person, or per- sons he may appoint for that purpose, any foreign insurance company applying for admission or already admitted to do business in this state.
 Sec. II. For the purpose of such exam nations the insurance commissioner may, when examining company organized and incorporated under the laws of Ala bama and herein designated and called 8 domestic company. call upon the gov ernor for the services of an examiner of public accounts, and the insurance may designate or appoint some qualified actuary and assistant to assist in such examination, and shall fix a reasonable compensation to be approved by the governor for such actuary and as sistant, upon per diem ba sis to be paid by warrant of the state audTtor drawn upon the state treasury. Hotel bills and trave'ing expenses actually incurred in connection with such examination, shall, upon proper vouchers therefor. be paid by the state on condition that the same shall have previously been charged to such insurance company and by it paid to the insurance department
 Whap deems it necessary to ex- anime any insurance company organ ized under the laws of any other state or country and herein designated and called foreign company" such exam ination shall be made by the commis- sioner of insurance. his deputy, or such other qualified person, or persons, as the insurance commissioner may des- lgnate or appoint for such purpose Any foreign insurance company examined under the provisions of this act shall pay the proper charges incurred in such examination, including the ex- penses of the commissioner of insur- ance as his deputy, and the expenses and compensations of his assistants employed therein.
 Sec. 1s For the purposes aforesaid, the commissioner or his deputy, or per son making the examination, shall have free access to all the books and pa ners of an insurance company that re- late to its business and to the books md papers by any of it's agents, and nay summon and qualify as witnesses lnder oath and examine the directors, agents and trustees of any 'uch company, and any other persons n relation to its affairs. transactions md conditions
 Sec. IA Any insurance company vio- ating any of the provisions of this ,ct or refusing to submit to the afore- 'aid examination when requested. shall