Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1915-04-05

licensed as herein before provided as an
agent or broker for the transaction of
fire insurance business the insurance
commissioner shall be satisfied that such
person intends to hold himself out In
good faith as such insurance agent or
broker.-(Approved March Is, 1851
Chapter 1o2.
An Act prohibiting the rebating of pre-
miums on fire or liability insurance.
Section l. No insurance company
transacting fire or liability insurance in
this state, and no agent or broker trans
acting fire or liability insurance, either
personally or by any other party, shall
offer. promise. allow, give. set-off or pay.
directly or indirectly. as an inducement
IN this State, now or hereafter to be
written. any rebate of or part of the pre-
MUM payable on any policy or of the
agents commission thereon; nor shall
any such company, agent or broker, per-
sonally or otherwise, offer, promise, al
low. give. set-off or pay, directly or in
directly, as an inducement to such fire or
LIABILITY insurance any earning, profit
ing, accruing or to accrue on such insur-
ance, or therefrom, or other valuable con-
SHERATON, or any special favor which is
not specified, promised or provided for in
the policy of insurance: nor shall any
Such company. agent or broker person.
ally or otherwise, offer, promise, give or
sell as an lnducement to such insurance
any stocks, bonds, securities or property
or any dividends or profits accruing or
TO accrue thereon, nor, except as speci-
ned In the policy, offer, promise or give
any other thing of value whatsoever. or
purchase any stocks, bonds, securities or
other property, for which shall be paid
or agreed to be paid more than the fair
ana reasonable value thereof.
Section 2. This act shall not prevent
any insurance company from paying to
IN n
dulN authorized agent or broker of this
or any other State who holds himself out
ana carries on an insurance business In
good faith as such, or to prevent an in
surance company. agent or broker from
receiving commission on any policy I'M
der which it. itself. or he, himself, is in
sured. or any mutual company from pay
ing dividends duly earned to policy
holders.
Section g. Any insurance company,
agent or broker violating any provision
of this act shall be guilty of a INSIDE
meanor and upon conviction thereof shall
be punished by a fine of not more than
one hundred dollars for each and every
violation. or in the discretion of the court,
by Imprisonment not exceeding six
months. The insurance commissioner
may revoke the license of any company,
agent or broker violating this act.-(Ap-
proved March 10, 1850
Chapter 1903.
AN Act requiring mat adJuSterS OF nre
losses be licensed
No insurance company transacting fire
insurance business in this State shall per-
NIT any representative to adjust a loss
until such representative has been Ii
ccnSed in accordance with the provisions
of this act. The insurance commissioner
may issue license to any person to act
as an adjuster of losses by fire upon re-
ceipt of an application in such form as
may be required by him and upon the
payment of a fee of two dollars. Before
issuing license to any adjuster the insur-
ance commissioner shall satisfy himself
that the applicant is a suitable person to
act as an adjuster. The insurance COM
granting of such license. for cause shown.
and after hearing, determine any person
so licensed to be unsuitable to act as an
adiuster and shall thereupon revoke such
license and shall notify the adiuster of
such revocation Provided that no license
as an adiuster shall be required of duly
licensed fire Insurance agent resident Of
this State.-(Approved March 10. 1859
Chapter 1o4.
An Act to amend Section twenty of Chap
ter sixty-seven OF the Revised Statutes.
relating to the distribution of personal
estate.
seven of the Revised Statutes is here
by amended by inserting after the
word "administration' in the. third line
thereof the. following words, or for the
amount and by adding to said section
the following sentence: IF such account
is presented after one year from the date
of the decree, it may be allowed after
public notice so that said section as
amended shall read as follows:
Section 90. When on the settlement of
any account of an administrator. eXecu-
tor. guardian or trustee there appears to
atrot lat,
sary for the payment of debts and ex-
penses of administration, or for the pay
ment of pecuniary legacies of fixed
amount, nor specifically bequeathed, the
ested, after public notice and such other
notice he may order, shall determine
who are entitled to the estate and their
respective shares therein under the will
or according to law, and order the same
to be distributed accordingly; and alien
age shall be no bar to any person. who,
in other respects, is entitled to receive
any part of such property. If an eXecu-
tor administrator, guardian or trustee
neglectS to distribute the property in his
hands in pursuance of such order, and
the parties in interest reside out of the
State, and had no actual notice of any
such settlement of account, the judge, on
petition of any such party, may, within
six years after such settlement. order
such executor, administrator, guardian
or trustee to render new account. If
any sum of money directed by a decree
of the probate court to be paid over, In
any solvent or nsolVent estate, remains
for six months unclaimed, the executor,
administrator, guardian or trustee who
was ordered to pay over the same, shall
pay such sum of money to the treasurer
of the county in which the probate court
has jurisdiction. who shall give receipt
therefor. specifying the amount, name
of estate and name of person entitled
thereto, which said receipt shall he filed
in the probate court and allowed as a
sufficient voucher therefor. When an
executor, administrator, guardian or
trustee has paid or delivered over to the
persons entitled thereto the money or
other property in his hands, as required
by decree of a probate court. he may
perpetuate the evidence thereof by pre-
sentng to said court, without further
notice, within one year after the decree
of the delivery over of such property:
which account being proved to the salts
faction of the court and verified by the
oath of the party. shall be allowed as his
final discharge. and ordered to be record
ed. If such account is presented after
one year from the date of the decree, 1t
may be allowed after public notice.
approved March Is, 1861
Chapter 1906.
An Act to amend Section seventy-one of
Chapter eighty-three of the Revised
Statutes, as amended by Chapter
twenty-four of the Public Laws of
nineteen hundred thirteen, relative to
the release or discharge of attachments.
Section seventy-one of chapter eighty
three of the Revised Statutes, as amend
ed by chapter twentyfour of the public
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