Smyrna times., 1925-02-04
IFNFNT TO TAX INSURANCE
COMPANIES TO AID FIREMEN.
~ INTRODUCED IN LEGLSLA-
SOr d TO LEVY ? PER CENT TAX

EvDlained to Members of Eegis-
,,s,e Elicits Interest-Fire Com
n,nies of State Would Benefit
N vast import to every member of
~ fire company in the State,
s.iber it be a volunteer or a paid
Imitation, is the bill presented in
Senate Friday afternoon by SEN
Lord. It provides for the taxa
d fire insurance companies doing
mess in Delaware for the purpose
assisting in maintaining the fire
stments in incorporated cities and
M and the rural districts of the
M This bill provides that for the
noe of assisting in maintaining
eompanies or departments in in
msted cities, towns and rural dis
n in this State every fire insur-
j company doing business in this
IL shall hereafter pay to the State
gurer on or before the first day
APRIL, 1925 and annually thereaf-
N addition to the taxes, fees and
sEes now required by law, a tax
l to two per centum of the gross
sniuHs, less return premiums, on
direct business received by such
nlanieS or by any agent, or agents
uch company for such company in
q or otherwise from the insurance
property within the limits of in
-5ated cities, towns and rural dis
Il within this State, during the
zading calendar year. In case of a
1al company the dividends paid or
1fted to members in this State
be construed to be return pre-
ms The money so received into
! State treasury shall be set aside
. special fund for assisting in
Eamng flre companies or depart
zS in Incorporated cities, towns
nral districts in this State and
be paid out by the State treas
p to the respective treasurer of
county for the sole purpose of
sting in maintaining fire compan-
OF departments in said incorpor-
cities, towns and rural districts
equally apportiOned in assisting
aintain fire companies or depart
Is having complied with provi-
Of this act.
u Fire Companies to Register
M bill provides that it shall be
duty Of all active fire companies
.Partments in this State outside
ae limits Of the City of Whining
70 register with their respective
ly treasurer on or before the first
o. April 1925, and annually there
z on blanks provided for this pur-
giving their location, apparatus,
equipment maintained. Every
insurance company doing business /
-s State shall annually on or be-
le hrSt day Of March, at the
I tlme that such company files its
-la report now required to be filed
17' deliver to the insurance COM
!, 1'neT a full detailed statement of
, ''SlnesS done by such company in
. and all Of the incorporated cities
y and rural districts in this State
ne year ending on the previous
1y'lfst Of December, which state
!: y mall be verified by the oath
..l .lilnatlon Of the president or vice
'oeat y and secretary of other ofic-
oala statement shall be on blanks
s'lsa and furnished by the insur-
commissioner for that purpose.
'afanee Companies to Report
= = Insurance commissioner shall
ran and report to the State
@1'ef' " on or before the fifteenth
H.. " april IN each year, the amount
,-s'peSs done by each fire insur- l
'Oinpany IN each and all of the {
Y .po'ated cities, towns and rural
/. 80 !, IN TINS State, and from such I
!. - me state treasurer shall ascer-
a'' a amount due and owing to ]
!, aau !. all Of the said incorporated
3 .. ""ns and rural districts under !
n. ,' ana on or before the first dav !
,1,, ~, Ol each year, shall pay to the l
ca a., u the respective counties in /
,,t' s'a'e and the proportionate
'a,s ..,. due under this act; which
tiva 'un's shall be used by the re-
,ss, @ Incorporated cities, town and t
rsi1..: M, exclusively for the purpose o
i.'alnlng fire departments in y
/ Ji'a.P, JiOlPorated cities, towns and T
A'd Pension Fund of Firemen q
,sd g.n Provides that the moneys a
rce ~ o,,uer its provisions from in t,
oratoa "a property within the in S
gton nj I'm UNITS Of the City of Will
FiInisaual suall be paid to the treasurer c
d dIibl,l,,gson bsoeg1,n and shall be applied .