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86 o. Corporations hereafter char-
tered to be organized within
two years from incorporation.
Otherwise franchise tax to be
annually paid until organized
Corporate rights suspended in
the meantime. Exceptions.
85 P. Corporations mentioned in 85 N
after renewal of their charters
to pay franchise tax annually
until organized State Tax
Commissioner to assess fran-
chise tax upon such corpora-
tions.
Insurance Companies.
116. Life and health insurance com-
panies to have guaranteed
capital of not less than
$100, 000 Securities to that
amount to be deposited with
State Treasurer. Change of
such securities.
118 A. Every insurance company to
conduct business in its own
corporate name.
Insurance Department.
121. Insurance Commissioner. How
appointed Tenure. Salary.
His actuary and clerks. Their
salaries.
126 A. Payment of commissions to
unlicensed agents or solicitors
prohibited. Penalty.
180 B. Policies to be valid must be
signed by authorized officer or
agent resident in this State.
Proviso as to rolling stock and
movable property of railroads.
Premiums to be reported to
Insurance Commissioner.
148 A. Licenses to insurance brokers
shall be granted by Insurance
Commissioner. Who is to be
deemed insurance broker.
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143 B. $100 the cost of such license,
and $1 fee to Insurance Com-
missioner. $35 the cost of
such license for county where
broker resides.
143C. Penalty f or violation of 143 A
and 143 B
143 D. Sheriffs to furnish names of
insurance brokers to Insurance
Commissioner.
Minors — Institutions and Socie-
ties for Care and Protection of.
156 A. Powers of such institutions
and societies.
Railroad Companies.
193 A. May hold and dispose of,
endorse and guarantee stocks,
bonds and securities of other
railroad or transportation com-
panies.
Religious Corporations.
217-217 A. As enacted by 1892, ch.
702, repealed.
Telegraph Companies.
227. May extend their lines into
other States. May sell or lease
to other telegraph companies, •
or buy or lease from them. '
May consolidate with other
lines.
Turnpike, Plank Road and Pas-
senger Railway Companies.
244. No toll to be charged on
bicycles, tricycles or vehicles
with rubber tires propelled by
human muscles.
Process.
296. How to be served. Fidelity
companies Companies trans-
acting business out of the
county where their certificates
are recorded.
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