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

mems pension and relief fund.- tDo Int
 board of city commissioners of such cit, are hereby authorized and empowered te set apart for. and pay into, the said fire. mems pension and relief fund not ex. ceeding l percentum of all revenues col. lected and received by such city from li- censes issued by such city.
 1 Sec. g. That the board of trustees of 1 said firemen's pension and relief fund may, at any time, after considering the probable demands upon such fund in the near future. determine what portion of such fund may be safely withdrawn for investment for revenue purposes, and having determined what portion thereof
 shall be so withdrawn for that purpose.
 said board of trustees shall then deter mine In what manner such investment
 shall be made: and all proceedings of the salo board of trustees relating thereto snail be entered at length upon it's rec oros. such investment shall only be by l the purchase of the interest," bearing bonds
 or the United States of America or of
 the state of Alabama. of any bonds | lawfully issued by such city, or by in- vesting in valid first-mortgage on im-
 proved real estate in such city to an ! amount not exceeding 50 percentum of the value of such real estate, the title to such real estate to be marketable and l to be approved by the city attorney of such city, or other reputable attorney.
 who shall give his written opinion there- on. All income from such investments shall be and become a part of the said firemens pension and relief fund. All such securities shall-be deposited with the treasurer of the said firemen's pen sion and relief fund. and shall be sub- Ject to the management and control of the said board of trustees of the firemen' s pension and relief fund.
 haf Inc ~r of the firemen's pension and relief fund shall make report to the board of city commissioner of such city of the condi- tion of such firemen's pension and relief fund on the 1st day of January of each
 and every year.
 Sec. Il. That the said board of trus-
 tees of the firemen's pension and relief
 fund may designate the depository or de-
 pc ostories of such firemen's pension and
 relief fund, and it shall be the duty of
 the treasurer of such fund to make de-
 posits of such fund as directed by the
 said board of trustees. All interest re-
 ceicved on such deposits shall be and be-
 come part of such fund.
 Sec 12. That all moneys ordered to be
 paid from said firemen's pension and re-
 lief fund shall be paid by the treasurer
 Of such fund only upon warrants signed
 by the president of the said board of trus- rtees and countersgned by the secretary
 thereof and no warrant shall be drawn on such fund except by order of the said
 board of trustees, which shall be duly and regularly entered in the record of the
 proceedings of the said board of trus-
 tees.
 Sec. 1S. That no portion of the said fire
 mens pension and relief fund shall. be-
 fore or after its order for distribution by the said board of trustees to the person or persons entitled thereto under the pro-
 vision of this act be held. signed, taken, subjected to, detained or levied upon by virtue of any attachment, garnishment. execution, injunction, writ, order, decrce or any other process whatsoever issued out of or by any court of this state for the payment or satisfaction, in whole or in part. of any debt, damage, demand, claim, judgment or decree against any beneficiary of such fund; but shall be exempt therefrom. The said fund shall
 be securely kept. held and distributed Tor the purposes named in this act, and for no other purpose whatsoever.
 Sec. IA. That if at any time there shall not be sufficient money in such firemen's pension and relief fund to pay each per- son entitled to the benefit thereof the full amount Der month as herein provided. then an equal percentage of such month- " payment or payments shall be made to each beneficiary until the said fund shall be replenished to warrant the pay ment in full to each of said beneficiaries
 Sec. 15, That if any member of such lire department while in the perform ance of his duty, becomes and be found to be temporarily totally disabled, men, tally or physically, for service in such f1re department. by reason of service therein, the said board of trustees shall order the payment of such disabled mem Der, monthly, during such total disa- bllity, not to exceed one year in any event. from such fund sum equal to two-thrds of the monthly compensat tion allowed such member as salary in such fire department at the date of his dis ability; provided such member during the same period is paid no sa;ary as such member.
 Sec. 16. That if any member of such fire department, while in the perform ance of his duty, become or be found to be physically or mentally permanently disabled for service in such fire depart ment, by reason of service InereinZ so as to render his retirement from such service necessary. said board of trus. tees shall retire such disabled member from service in such fire department; and upon such retirement said board of trus- tees shall order the payment to such dis abled member. monthly, from such fund compensation allowed to such member as salary in such fire department at the date oe his retirement
 Sec. IT. That the said board of trustees, with the approval of the city physician or other reputable examining physician to be selected by it, shall have the power to retire from service in such fire depart ment any member thereof who has be- come disabled while in the actual per- formance of his duty; or any member who has performed faithful service in such fire department for a period of not less than 15 consecutive years; and shall in such case place the member so retired on the pension roll, and he shall receive from such fund a sum equal to one-half of the monthly compensation allowed to such membev as salary in such fire de- partment at the date of such retirement. which said sum shall be paid to him mol thly.
 Sec. IS. That any member of such fire department who has been in the service thereof for as long as 20 consecutive years and shall have attained the age Of 55 years, upon making written application to the said board of trustees therefor l shall without medical examination or dis- 1 ability be retired from service in such | fire department; and upon such retirement l the said board of trustees shall direct the | payment to such retired member month- l y from such fund a sum equal to one- | half of the monthly compensation re- ,eived by such member as salary in such | lire department at the time of his re- l Lirement.
 Sec. 10. That any member of such fire | department who has been in the service ] hereof for as long as 25 consecutive years, | lpon making written application to the | board of trustees therefor, shall, without | medical examination, or disability, be re-