| Show A BIG OR IN THE SENATE nine bills and two vetoes on the list MEASURES OF importance of insurance InBur anco companies prohibition of trusts establishment ot of free schools protection ot of game and fish and laborers lions liens covered house houe led by critchlow its he commits a labor was a notable one in the senate nine bill were introduced covering many important subjects one designs an elaborate system of incurance regulations another provides for the establishment and maintenance of free public libraries arles tt a third pro boses a system of adequate protection for game came ant ami fish a fourth la Is a rent t antitrust anti trust truel measure and another makes laborers lions first in case of nt tach ments in addition to all this tho 1110 deaf and dumb school bill was passed two ve fees were tent sent in by the gov arnor and the lire fire and pollee police bill was postponed until next thursday it was I 1 the day the senate lias has yet seen the day opened with all members I resent except barnes nho he Is ill and alvana atis who has a leave of 0 absence until today the opening prayer was made nada by rev C E G hunt of iliff M 13 church after the reading and approval of oc the journal tour four communications from Gover governor jor wells were read two of 0 them were veto messages and i two announced the ampro al of measures recently passed parsed the bilan balli approved were senate bill no IS 18 the state pilson bill and senate bill no 2 23 S eh ing county cerks and notaries not aries public rower power to take acknowledgment of 0 corporations and file their articles arll clea the veto messages mess oses were as follows to tho the anit genth men ot of the senate I 1 herewith return alth 0 1 t m any approval ftp S nate joint 1 ZO no Z 6 providing iding that thai the iho first term of 0 tile su 00 court coun shall convene on monday andary 2 ISIA or as soon the fier no ft bald id court may determine etc has rebe the resolution I 1 Is in that it has no title tind and dora does not provide that it 11 shall chall take lako feet from and after afla r Us its oal lid HD fully HEDER U M wall ani LS NO KO NEED FOR A DEPUTY T to tho president and ge n ot lh ill edat I 1 be herewith retith return out m approval senate 1111 1 I 1 no ko a 9 an ali A act fi pru lor for a a deputy state treasurer this bill Is it passed as afi an enier emergency gancy measure 1 am ain unable to ascertain that any ny 41 emergency mer gency for or such buch deputy exists an J t think hi n consideration of tho the subject may ca afony ely sait until tho the matter of clerical for the various beato may be reached in the ali regular u routine re hu albeit governor on motion ot of sutherland both vetoes were laid on the table two petitions were presented one from weber county by allison All lson and one from county by candland i their numbers on oil tho the sonata senate tile file art are 14 and 15 both relate to the same sublet subject squatters rights on school land find and each asks for or a clear ck ar to the particular school section involved both wem referred without reading to the committee on public lands land I 1 the committed on appropriations and claims Cand candland lard chairman reported back senate petitions numbers 1 6 5 6 I 1 find and 8 being private claims for or relief find recommended that tho the same be referred to the state hoard board of examiners for or action the report was adopted I 1 the committee on public health reported senate S nanc bill no 11 for tho the creation of 0 a suite state board of 0 health with amendments amendment and recommended its passage as an amended the bill was filed bled lor for second reading I 1 NINE BILLS introduced nine new bills were introduced read by title and referred to appropriate committees they were as follows fol loiis senate bill no 31 by sutherland an set act authorizing the the governor to appoint notaries not aries public confirming appointments point ments heretofore made and validating official acts is under such euch appointments I 1 the bill provides that the governor may appoint one or moie notaries not aries public in each of the counties whose terms shall be two years that all appointments point ments of notaries not aries public heretofore made by the governor of the state ore confirmed and all acts performed by them are valid AN ANTI antl ANTITRUST TRUST DILL BILL senate bill no 32 by sutherland tor for an act carrying into effect the provisions of section 20 article 12 ot of tho the constitution and providing iding for or the punishment ot of persons co partners hips associations Loc lations and corporations forming pools trusts combinations and con to effect or control the price or limit or lessen the production ra manufacture and consumption uso use or sale of tiny any article of commerce man manufacture 1 a facture or product of the soil boll to 1 de punishment for or the violation of tho the same means tor for the suppression of such euch evils evil and remedies tor for persons injured thereby the bill forbids any combination as provided in tho the title en entering into any pool trust agreement combination or confederation to fix the price on any article or commodity or to fix the limit of production of any product it makes unlawful the issuing or owning ot of trust certificates or to combine lor for th the purpose of placing the control or management or the product or output of any concern corporation or association in the hands bands of any trustee or trustees nia with the intent to limit the production or fix tho the price PENALTIES ron VIOLATION violation ot of this provision la Is punishable by a one of 0 not less les than bot nor more or it 2000 tor for the uret first offense not less leas than 2000 nor more than 35 tor or tile the second not less than nor more mo ve than tor for the third and f or subsequent e v lola tlona any president manager majia eer or director or er other officer agent or receiver of any inn firm corporation or association guilty of a violation of the let act shall be fined riot not lee less s than 1200 1100 nor more than 1000 or imprisoned tor for a term not to exceed one year or by both una fine find and imprisonment any contract or agreement in vlola viola lion ion of 0 any section of this act shall be absolutely vold void any purchaser of an article or commodity from any person or corporation transacting business busl neca contrary arv to any pro provision v islon of tutt the preceding sections shall not noc ba ia liable for or the payment of such buch article or commodity and may plead this act in defense any corporation violating the pro vi ons of this act forfeits its rights and its corporate existence ceases at once it Is made the th duty of the secretary of state upon receiving notice of such uch violation to give tile tho inn firm or of which complaint has ha been mado madis thirty days cays notice arid and state that unless iii they shall hall withdraw froni from and sever all connection with will this the trust their rights right shall forfeit unless this Is compiled I 1 with if a statement of the tat fact be filed by the secretary ot of state lit in the onice office of the attorney general who shall direct the county attorney to comments commence action the th trial shall be had bad by jury and upon conviction tho the Secret secretary try of state shall publish in four newspapers newt papers the be result A MATTER OF LAW senate bill no na SS 33 by jones janes an n act amending sections 2160 find and 2163 complied compiled laws law of 0 abu the first amendment uie the tend read it SAT aay a action bo be commenced within duo due time and fl a judgment thereon lie bo ir reversed ever ted or I 1 f the plaintiff rail fall in such A action c lion otherwise wl so than upon tho the merits and tho the time limited for or the same shall have expired the plaintiff or ir if he hi die and the cause of action survive hla his representatives ti v es may cOm comninos comme noo a now new notion action within ono one year after the reversal or failure allure I 1 section 2 2 as amended makes the read reading I 1 u 9 ot i section 0 of r tile the laws read in any case founded on contract when any part of the principal or interest shall have been paid or an acknowledgment t of 0 an existing liability debt or claim or any promise to pay all the same have been made an notion nolion may be brought in such ruch case cage within the period prescribed tor for the same bame lifter after such eccli Pill willment ment acknowledgment or promise must be in writing signed by the party to 10 be charged thereby when a right of 0 action Is barred bv the Alons of 0 any statute it shall be lingval elble either as IL a cause of 0 action or ground of defense sections and are repealed INSURANCE senate bin bill no 31 was waa introduced by jones it la 13 entitled an act ct to establish an all department in and for the state of utah and reg regulate ulato the insurance doina business therein to define the powers of tile the cu all perin of insurance to provide lor for the regulation of insurance companies and for other purposes the hill bill creates a department of insurance su ru rance ranee which pull ball ba ham e hupci vision cislo n of 0 all matters connected with insurance which a are re tho the subject or of special medal or gen I 1 laws of 0 f the state th governor shall appoint it a superintendent of in ur arcy co who shall hold office for four years and give a bond lie he may appoint an assistant superintendent of insurance and such other clerks as lie he may need but tic the I 1 state shall hall not bo be liable for or this compensation the superintendent perin shall have in his office all state slate papers relating to insurance and shall ism issue u e to Inu insurance infranco ranco companies certificates of authority to do bu business ines in the state slate after he be has sat idled ened himself that the laws lains of tile the slite salte have been observed ile ho must make annual reports to the iho governor and 1000 copies of each report may be published 1 he Is given power to into the financial condition of any Inu rince company doing business busl nesa or fir proposing to do business in the state stale the company to pay the espersen es perses of the examination provided that only tile die united states br branches a riches of foreign companies may be so examined lie he Is empowered to exact testimony and persona refusing information ore are liable to a fine not exceeding two or imprisonment not exceeding ce three months directors jofh boffl cers managers agents or employees of insurance companies guilty of this offense if may be fined WW 1000 anti and imprisoned for from two months in the county or city jail to five years in the e penitentiary iten provided that any company whose liec ilso has been revolted by the superintendent may appeal to the iho district court this thim provision also gives the superintendent nt power to revoke on his hie examination to be unsound FEES FOR riling FILING for filing papers v fth it the superintendent en ad ent insurance companies must pay tho the following feest articles of incorporation lio 00 P potier vr of attorney and settlement preliminary to admission MM A M aimy copy of eb charter arter etc 2 W fi cat 6 00 annual statement to 00 h copies of c ml 1 2 no 0 co copy y of any capr 1114 4 per folio y m affixing ural seal and certifying I 1 00 any c excess in tho the Inq insurance urance fund at the end ot of tile the year shall be transferred to the school fund companies comparin 19 ore are required to publish their liabilities with every published statement ot of their assets asset no ire fire insurance company shall filial insure in a single hazard a larger larcer sum than one tenth of its as abets ts persons shall not solicit business for companies not authorized zed to do business in the state under penalty of fine and six elx months imprisonment every company during business in the state must have EL certificate from the superintendent which certificate shall expire the list last day of march in rach each year ind and must be renewed annually violation of this section Is pun punishable by a ot of for each offense tense of outside companies must appoint an agent as its attorney on tthum process can be schied before issuing policies in this statland State and certificate of such appointment must m us t bo be nied filed with the superintendent d persons negotiating contracts of insurance su ranco for others othera and not being appointed agent or officer of the company making such contracts contract Il shall be known as insurance brokers and must pay the su superintendent por lytten lent 10 for a certificate to do business for or ono one year companies doing in the state slate must hlo file certified tined copies of their ch charters artera with the S superintendent or articles of incorporation or deeds of settlement together with wilh a statement of the condition of the company sworn to by the president secre secretary tarT or other chief officer on the hillst day ot of decem bir next preceding the date of 0 such oath on or before april of each year companies must lie file statements of their financial condition on december slat preceding HEAVY DEPOSITS REQUIRED no ko joint fire or life insurance company can do business in the state unless the fire company has a paid up cash if capital of not less than ani and the life company of not loss less than foreign insurance companies in addition to complying with the conditions exacted of other camp companies must deposit with the st state ate treasurer er u u um sum f not lets less than tho the CA capital diw required of like companies under this act such much deposit to be in exclusive trust the benefit and security rity of the 0 comfor ganve policy holders and creditors in the united staked it 1 li 11 1 mado made for com compa panita jiles to invest capital and funds in bonds md and mortgages on real estate worth 60 69 per cent more than the sum eum loaned above all encumbrances incumbrances and exclusive of buildings except such as fc ar aro a insured and the policy transferred to padd fiad company also in stocks of 0 this oils state or stocks clocks or treasury notes of the united states also in tits tho stocks tock and bonds bond of any school district or incorporated corp orated city in the th state any surplus money momey over and above the carl tal stock block of insurance companies may be invested in or loaned upon united states or state stake bonda blocks or bonds of tiny any solvent dividend paying institutions other than milling corporations corporation ct 0 this oils stati or tte the united states pro lileto always that the current market value of such stocks bonds or other oilier evidences of Indebted neti shall bo be it at all times during the continuation of the loan at least 20 per cent more than the sum loaned thereon lheron the general provisions of law relating to corpora tlona lions a ahall apply to incorporated do matlo insurance companies no member or officer of a a company shall bo be in ter te rented sted in the lon loan of any of 0 its funds as borrower companies may hold real estate for the use of their business but not to exceed 2 per cent ot of theW their cash assets no life company shall enter into tiny any contract upon lives in this staid slate without having made or caged to bo be made a prescribed prescribe medical examination of the insured by a registered medical under penalty ot of aloo fine for or each offense sei 6 benevolent SOCIETIES provision Is 11 made tor for the 0 ot f local insurance companies and their limitations ore axe prescribed every company now existing under tho the laws lairs ot of this state shall be subject to the provisions VIS ions of this act but shall be allowed if ninety A ty days from approval hereof to com camily ply with its a orients i the tn act I 1 Is riot not to be |
