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

u bAEFs make an appraisal Df any OF All Oh tAF
lcompany.s assets. The commissioner. or per
son making the examination BY his direction
4 shall have free access TO ali books and papers
LOT any COMPANY. and OF the books and papers
Iof any of Its agents. that may relate TO Its
Il business, and may summon and examine
under oath of It's directors, officers. agents.
/ trustees. or other persons. in relation TO its
Affairs and condition The Commissioner OF
n insurance may Tia ike manner whenever he
the affairs appraisal OF any or all Of
4 the assets OF any Insurance company admit
4 ted. Or applying for admission to do business
under the laws OF thie state.
In the case OF foreign insurance companies
Il admitted or applying for admission to do
business In this State, the insurance commits
sfonsr may In his discretion. accept the re-
port OF examination made by the commits
sioner OF insurance or corresponding eficer
home Office, in lieu Of making the examination
% such company authorized by the laws OF
Sec g. That Section Seven ~, Chapter
$50 OF the Laws Of 1911 be amended 80 as to
read as follows:
| Sec Z. When any such visitation, exam
marion Or appratsal 10 made by the Insurance
Commissioner. his deputy actuary or chief
examiner the company so examined. except
and companies organized exclusively to write
insurance against loss or damage by cyclone
tornado and windstorm, or any one or more Of
| to the said department Of Insurance OF $500
per day for each and every day necessarily oc-
IN making saa ana s e. ons maxine
appraisal Of any Of the assets Of SAID COM
pany. When such visitation examination or
other person regularly employed in the said
department OF insurance ana receiving
salary from the State Of Minnesota. the com
pahy 70 examined. except township mutual
IRE insurance cnYnpanies and eoynrapses ~
ganixed exclusively to write insurance against
| loss or damage By cyclone tornado and
windstorm, or any one or more 81 them.
upon the mutual plan, shall pay as fees sasF To-
OF $1,000 per day. for eacf and evarv s dan
necessarily occupied By such ether nerson ana
each one thereof. In making or assisting 10
! make, tho examination or ii, making an an
praisal Of any of the assets OF said COMPANY
In addition to the fees mentioned herssn ths
company 30 examined shall also pay 10 the
department Of Insurance. the necessary ex.
penses OF any such person or persons 80 en-
gasfd IN connection with any such examine
ton or appraisal. All of which fees and
expenses shall be accounted Tor and turned
Into the treasury Of the State of Minnesota
IN IN case o. the examination OF township mu-
tnal nfe insurance companies, and companies
oIganlzed exclusively to write insurance
aasinst loss or damage by cyclone, tornado
npon TIE n,,tn., OF r, any one or more o. them
lily Inefeot snaH pc charged. The necessary
engss ~ ~ anI such person or persons so
,.. ~ conneciion with any such exam
.anuon ut appfalsal shall De repaid by the
= 70 any shch person or persons
tian ar srrrs,ss .p ,,ss VIII sa,d sxamina-
~ rnnassttnp,. a.. opoh FoueufIs 81 tne same,
hsan nrssin,,. sat suon sApsuses snail haVe
~ ~. r,,,,.N 10y snn ~, 70 such company
|vag tc<. ~ "A'S'~~A - -
seo Ths. saes,an rri.,, 10, rs.n.sx
aa6 ~ ~. Sac - gn,, ns W. .hhptsr
ID read AZ foIlnwss "e"ueu ~ as
Gee. 3 Tho co,,,,,,.u,or. :. ,.,..n.
may when ne .hsii aanro - ,,oc..sns,. ~
naint any srn.r,nrn.s 80 as ~ nessssais' ap
fessionai insurance actuary to persenaIiw make
or conduct or assist IN making ~ cara,,ct
Ing an eraminafion af anv ins,,ra ncs conenarv
admitted, or applying for admission Ia do
business IN this atste an cona,tion tbat be \
the COR, tasianer' 80 ins-a,.a y, ~ w. !, ~, 10
previously ffled with the secretary Of state
during the last immeaiafely preceSinr month
of January pr Jufv IN. casa nav w. ~
within thirty days from the passage OF this
ner.on Nv wr'..en aec a DESIGNATING saen
actaary OF the Minnesota department Of In
q Insurance shan fix rsasenssie eompanss
ZION tor sueh examiner on per dion, basis
. LOT ns actua' nme employed IN making or
, anSn examination. ana which. Including ex.
penses ot any necessary appraisal or clerical
80 examined. And the compensation for such
examiner appraisal or clerical assistance, to-
, gsrhsr WITH the amount OF his necessary ex-
such examination. shall. upon proper vouch-
ers therefor. be paid to him by the state
on condition that same shall have previous
~ been charsed to such company and by i,
pain into the state treasury.
Inc commissioner OF Insurance. when he
competent person to make an appraisal Of any
or all OF the assets OF any such company at
EXPERIMENTATION on not exceeding Ten Dollars
tsio.op per DAY ana necessary EXPENSES In
CURED In connection herewith which COM
pensation and expenses shall be paid TO the
department OF insurance by such company
and by Il accounted for ana turned into the
treasury Of the State OF Minnesota; and
which oompensa tton and expenses shall be ra
paid by the state treasurer TO any such rer
son appointed upon proper vouchers OF tho
same condition that such fees and expenses
company and thu finn amount thereof nv n
paid into the state treasury
Approved Anrtl 81, 1915
-
r-tIA prrp 400 ~ ~, AN
y, - W. SIC
AN ACT amending the title and Sections -
~ a ~ 70, 81, az: %, 24A, %, 30 STA
and "a OF Chapter ACT, a. L. 1913 AN Act
prescribing the liability of an employer fe
make compensation by way OF damages for
injuries due to accident received by an EN-
piose arising out of and In the course of
statutory remedies, in such cases; establish
Ing an alternative elective schedule OF com
pensatson, and regulating procedure fer the
determination OF liability and compensation
thereto Sections sA 12A and 2oA,
BE II enacted bv the Legislature Of the state
OF Minnesota:
Section l. The title OF Chapter 4s7, O. l..
An Act prescribing the liability az ar en-
pleyer to make compensation by way of dam
ages for injuries due to accident received hy
an employee arising out of and In the course
statutory remedies. in such eases: establishing
an alternative elective schedule OF con,pensa.
ton. regulating procedure for the determine
tton Of liability and compensation Hereunder
the violation thereof
Sec 2. Section IL OF chapter ACT a 7, |
1913, II hereby amended to read as follows:
Section ~, Either party may terminate
M& snwk Il