Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1915-02-26
INSURANCE
COMP PAN|ES
IN BAD way
HOUSE KILLED SENATE BILL
WHICH MEANS MUCH TO
FOUR COMPANIES.
ALLEN ASSESSMENT LIFE BILL
Refuse to Assent to Raise in Sal
aries Of Supreme Court
Judges.

i s
Judges.
Three senate bills of importance
were killed by the house sitting as
committee of the whole yesterday af-
ternoon. They were as follows:
s. b. 179, Allen Permitting assess
ment life associations heretofore H.
censed to, continue business within
the state.
S. B. 270. Overson Relating to the
salaries and expenses of supreme
court judges.
S. B. 46, Wartner-Authorizing a
popular vote on the question of call
ing a delegate convention to amend
and revise the constitution of the
state.
The lnsurance Bill.
There was quite discussion on Al
lens bill relating to assessment life
associations. The fact of the matter
is that four such companies have been
doing busic css in the state of North
Dakota for many. years. illegally, 1t is
said. The insurance commissioner of
the state has stated that no license
would be granted these companies for
the ensuing year or fo- any year here
after unless legislation was passed to
remedy existing companies, or unless
the attorney general should decide
that such licenses may be issued.
So the senate iDill was drawn up
and passed. But when it was taken
up by the house insurance committee
it was amended and a clause inserted
to keep out all other assessment life
associations excepting the four al
ready doing business here.
To this clause objection was raised
on the. floor, OF the house. Some
claimed that ifs was an attempt on the
part Of the four assessment life com
panies now In the state to / create, q
monopoly while on the other hand It
was claimed that the old lire insur.
4 ance companies deliberately insisted
on the insertion Of that particular
clause, knowing that it would prob
ably kill the bill and thus create a
monopoly, more or less, for them.
Messrs. Harris, TorsOn and Burgett
talked in behalf of the measure and
L. l.. Twichell led the fight on the
bill as amended. Staale Hendrickson
resented some remarks made by one
OF the other representatives concern
ing the old line companies and made
known his feelings. Treadwell Twich-
ell stated that it was no oversight
that this class of insurance compa-
nies was kept out of the state and
seemed to think 1t best to keep them
out. Representative Divet objected to
the clause which would allow no other
companies Of this class except the
four now doing business in the state
to come into North Dakota and sug-
gested that all such companies be- al
lowed to enter the state or else all be
excluded. 1T looks bad and smells
bad to me-" he said in referring to
the bill The question being put on
the motion to recommend the bill for
indefinite postponement, the motion
carried by vote Of "A to 35.
The foui. assessment life associa.
tions now doing business in the state
are:
Guarantee Fund of Omaha, :,eb,
Surety Fand bf Minneapolis.
Merchants Life of Burlington, la.
Illinois Bankers Life of Noun outh.
III.
Salary Of Judges.
The house took jlizt about minute
10 kill s. B. 40, which raises ilfe
salaries Of. the supreme court Judges
$500 per year. Mr.. Ployhar moved to
recommend the bill for indefinite post.
pOnement and the motion carried.
There was no debate on the BILL
Constitutional Convention.
As the house the other day killed
L. L. Twichell's bill which provided
for the calling Of q constitutional con.
vention, SO yesterday was tha Wart-
mel bill Is. B. 49, killed. AS this mat
ter was threshed out when the Twi.
chell bill was up and the sentiment Of
the house was strongly against the
idea of holding constitutional con-
vention at this time, General Williams
motion to recommend the bill for in
definite postponement carried with n,
dsbate on the proposition.