Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1915-04-29

than par and accrued interest fron
date OF issue.
| Sec. 2, The county board OF an.
county in this state that shall have is
sued and negotiated ira honds OF an,
such county under the provisions q
Section / Of this act, shall levy an
nnaily in addition to all other taxes
tax sufncient to pay the annual intercs
que on said bonds and TO pay the bon,
maturing on the first OF December q
the following year, which taxes shat
be collected at the same time and Ii
the same manner as the general taxe,
are collected. Provided that no sucl
bonds shall be issued unless the coun
w board OF the county issuing sucl
bonds shall pass o resolution authorix
Ing the issuance thereof under this az
within ninety days after the passag,
and approval OF this act.
Approved April 10, 1915,
CHAPTER Io4- IS. r. Nc. s2s
AN ACT entitled An act to provide
Tor the election and torn ar County
Commissioners In all counties In ths
state OF Minnesota. now or hereafte.
having population or over twoshnn-
drcd thousand. and not over three
hundred thousand Inhabitants, and tc
repeal all Inconsistent acts,
Be 1t enacted by the Legislature OF the
State OF Minnesota.
Section l. That In all counties In the
State OF Minnesota now or hereafter
having q population of over two hun.
|dred thousand and not over three hun
dred thousand population. the County
Commissioners to which any such
county Is entitled by law shah be elect
ed at the general election for county
offcers to be held In the year A. ID
1913. and each four years thereafter
and their terms of ofIice shall be fol
four years. and until their successors
are elected and qualified.
Sec. 2. The terms OF once Of all
county commissioners now in ONCE In
any county embraced In section one oil
this act shall continue until their sue.
cessors are elected at the general cleo.
tion In the year 1918. and until such
successors qualify as provided by law
Sec. 8. All acts and parts Of acts
inconsistent with the provisions OF this
act are hereby repealed.
Sec. 4. This act shall take effect and
be In force from and after Its pas.
saRe.
Approved April 10. 1916.
CHAPTER io5--S. r. No. TO
AN ACT defining as larceny certain
acts OF contractors and sub-con.
tractors on improvements to rea
estate
Be Il enacted by the Legislature OF the
Safe Of Minnesota:
Section l. That any contractor Oh
on any Improvement Il
real estate within the meaning OF Sec.
ton 1000. General Statutes 1919 who
with intent to defraud, shall use the
proceeds OF any payment made to him
on account OF such Improvement by the
owner OF such real estate or person
having any Improvement made, for any
other purpose than the payment foi
labor, skill. material and machinery
contributed to such Improvement
while any such labor performed, Oh
skill. material or machinery furnished
for such Improvement at the time OF
such payment remains unpaid for
shall be guilty, OF larceny OF the pro-
ceeds of such payment so used.
Approved April 10. 1915.
CHAPTER l0s-- r. No. ils
AN ACT to amend Section 1872. Re.
vised Laws 1905. as amended by Sec.
ton 3. Chapter All, Laws 1907, and
Section 1874. Revised Laws 1906, al
amended by Section 4. Chapter All
Laws 1907. relating to mutual hal
and cyclone insurance companies.
Be 1t enacted by the Legislature OF ths
State OF Minnesota:
Section 1. That Section 1872. Revised
Laws 1906, as amended by Section Q
Chapter AL. Laws 1907, be amended 81
as to read as follows;
No such company shall insure an,
other property than country churches
and school houses. farm dwellings
barns, ana other buildings. and hay
grain and other farm products therein
or stored or growing on the premises
bedding, wearing apparel. printed
books, pictures and frames, household
furniture, family stores and provision,
while therein or In the cellar beneath
farm implements, vehicles and ma.
chinery on or off the premises. thresh.
ing machines or live stock thereon OF
running at large No company. In Its
hail department.. shall insure more
than $500 acres In any one township;
there shall be at least one-half mile
between each risk assumed by such
company, except that risks may be
assumed which cover the growing
crops upon not more than 800 acres
OF contiguous or immediately adjacent
lands. No such company shall incur
lay out or expend. I'm any one calendar
year, as and for the expenses OF con-
Quoting such business, more than Its
application or survey fees and forty
t40} per cent OF its total premiums or
assessments actually collected. But no
shall be required to limit It's
annual expenses TO less than one thou
sand dollars $4,000.
Sec. 2. That section 1874. revised
laws 1906 as amended by Section 4.
Chapter All, Laws 1907, be amended so
as to read as follows:
Every such company shall create and
maintain guaranty surplus fund and
shall annually set aside and credit
thereto. on the day its annual assess
ment falls due, all the income OF the
preceding year In excess OF the amount
required for the payment OF It's losses
and its legal expenses. Whenever such
fund has to its credit $500, 1000. the
directors shall by resolution declare a
dividend to Its members OF $4,000
thereof. The remaining 100000 shall
be invested according to law Pro-
vided however. that any company or
ganized exclusively to write insurance
against loss or damage by cyclone.
tornado and windstorm, or any one or
more OF them, upon the mutual plan,
which has heretofore In accordance
with law or otherwise established and
such guaranty surpIus
fund. may hereafter use the same for
he payment OF It's losses and expenses
n the same manner as any other funds
II such company available for thar
purpose and that such company need
not hereafter create or maintain such
guaranty surplus fund.
Approved April 10. 1915.
CHAPTER 107-S. r. No. l15.
AN ACT to amend Section 10. Cha pier
AL. Laws 1908, as amended by Sec.
ton 3 Chapter 80. Laws 1918. relat-
Ing to township mutual insurance
companies.
r