Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1917-04-25

1t is hereby enacted by the General
Assembly of the State of Vermont:
Section I. The governor shall, forth
with after the time this act takes effect,
and biennially thereafter, in the month
of January, with the advice and consent
of the SEN re, appoint an insurance COM
missioner. No person shall be eligible
to the Office Of insurance commissioner
who is an oficer or stakeholder of an
insurance con pany, or who receives, di-
rectly or indirectly, any compensation
from an insurance company.
Sec. 2. Said commissioner shall have
supervision of all insurance companies
and associations doing or attempting to
do business Under charter, compact or
agreement making a guaranty, contract
|or pledge of insurance; and all the pow
ers, duties and liabilities now by law
imposed upon the secretary of state and
state treasurer as insurance commits
sioners are hereby imposed upon said
commissioner; and the words Insurance
commissioner" are hereby inserted in
lieu of the words insurance commits
sioners" and IN lieu of the word COM
missioner" when used in referring to
the insurance commissioners, as used in
the Public Statutes, acts of 1908, 1910,
1912, 1918, 1917 and the General Laws.
Sec. 8. Said insurance commissioner
shall have the supervision of the insur-
ance Of state property and shall, sub
ject TO the approval of the governor,
have insured all property belonging to
the state in fire insurance companies
doing business in this state, at such rates
and such valuation as said commissioner
deems for the best interest Of the state.
Insurance policies covering such prop
~ cf11f IL az : cf,
be payable to the state. Such policies
shall be filed and kept in the Office of
the state treasurer.
Sec e. Said commissioner shall be
ex oflcio fire marshal and as such may
investigate all fire losses and for such
purpose may issue subpoenas, require the
production of documents, books and
papers and administer oaths. The county
court, a justice of the supreme court or
a superior judge shall have power 70
enforce proper proceedings, the attend
ance and testimony OF witnesses and the
production and examination of books,
papers, records and documents before
said commissioner, and, in the case Of a
corporation, the provisions Of sections
four thousand two hundred and fifty
two 10 four thousand two hundred and
fifty-six, both inclusive, Of the Public
Statutes shall apply. Said commissioner
shall, If he believes that FIRE loss was
'occasioned through the criminal conduct
Of any person, notify the proper prosecut-
ing officer.
Sec. :. The secretary OF state, state
treasurer and the expert now employed
BIZ virtue Of the provisions Of No. II of
the acts OF 1912. shall upon being mott
fed Of the appointment Of said commits
sioner, forthwith deliver to said commits
sioner all books. documents and files in
their possession as insurance commits
sioners and expert respectively.
Sec. s. Section 4s72 Of the Public
Statutes Sec. s58I Of the General Laws,
as proposed) is hereby amended so as
10 read as follows
Sec. 4s7z. (Sec. s5sI c. ID The in
surance commissioner shall keep on file
in hts Office all instruments, papers and
documents required BY law 70 be filed
with him. and copy thereof made and
certified ~ him shall be competent evi-