Same. Form of agreement. to the transaction of insurance business in this State by any foreign corporation or company, that such corporation or company must file in his office the name of an agent, and his place of residence in this State, on whom summons and other process may be served in all actions or other legal proceedings against such corporation or company. All process so served gives jurisdiction over the person of such corporation or company. The agent so appointed and designated, shall be deemed in law a general agent, and must be the principal agent or chief manager of the business of such corporation or company in this State. Any act, statement, representation, or agreement, done or made by an agent so appointed and designated, which in any manner pertains to the business of such corporation or company, shall be deemed the act, statement, representation, or agreement of the principal, and shall have the same force and effect as if done or made by the principal. Any such foreign corporation or company shall, as a further condition precedent to the transaction of insurance business in this State, and in consideration of the privilege to transact such insurance business in this State, make and file with the Insurance Commissioner, an agreement or stipulation, executed by the proper authorities of such corporation or company, in form and substance as follows: "The (giving name of corporation or company), does hereby stipulate and agree, that in consideration of the permission granted by the State of California to it, to transact insurance business in that State, that in all litigation between (giving name of corporation or company), and any citizen of the State of California, the Courts of said State shall have and maintain exclusive jurisdiction of such litigation. And it is further agreed that no action hereafter commenced in any District Court of said State of California against (insert name), shall be removed or transferred there violation. from to the United States Circuit Court." If in any Penalty for action hereafter commenced in any District Court of this State, by a citizen thereof, against a foreign corporation or company doing insurance business in said State, such corporation or company shall transfer, or cause to be transferred, such action, to the United States Circuit Court, the right of such corporation or company to transact insurance business in said State shall thereupon and thereby cease and determine; and the Insurance Commissioner shall immediately revoke the certificate of such corporation or company, authorizing it to do business in said State of California. SEC. 2. Section six hundred and seventeen of the Political Code of the State of California is amended so as to read as follows: sioner's when make no Section Six Hundred and Seventeen. The Com- Commismissioner must collect the sum of one thousand dollars duties from any corporation or company engaged in the companies business of insurance, for a failure to make and statement. deposit in his office, within ninety days after being thereto requested by said Commissioner, the statements and stipulations provided for in the eighth preceding section and the last preceding section; and an additional penalty of two thousand dollars for each and every month thereafter that such corporation or company continues to transact the business of insurance, until such certificate, statement, and stipulations are filed; and for that purpose suit may be instituted in the name of the people of the State of California, in any Court of competent jurisdiction. The Insurance Commissioner shall, immediately after the passage of this Act, give due notice of its provisions to all foreign insurance corporations or companies doing or proposing to do business in this State. SEC. 3. All Acts or parts of Acts, inconsistent with the provisions of this Act, are hereby repealed. This Act shall take effect and be in force from and after its passage. [Chap. 519.] Liconsing insurance agents. AN ACT TO AMEND THE POLITICAL CODE OF THE [Approved March 12th, 1874.] The People of the State of California, represented in SECTION 1. The Political Code of the State of California is hereby amended by adding thereto an additional section, to be called section six hundred and thirty-three, and which shall read as follows: Section Six Hundred and Thirty-three. No person shall, in this State, act as the agent or solicitor of any life insurance company doing business in this State, until he has produced to the Commissioner, and filed with him, a duplicate power of attorney from the company or its authorized agent, authorizing him to act as such agent or solicitor. Upon filing such power the Commissioner shall issue a license to him to act as such agent or solicitor for such company, if such company has received a certificate of authority from such Commissioner to do business in this State; provided, that if such agent or solicitor shall, within the twelve months next preceding, have been in the employ of any other company or its authorized agent, as such agent or solicitor, he must produce to the Commissioner written evidence from such employer that all moneys he may have collected for such company or agent have been paid over to said company or agent. Such license shall continue in force for twelve months from the date thereof, but may be and shall be sooner sioner's list. revoked upon application of the company or its authorized agent. Such license may be renewed from time to time, for an additional period of twelve months, on production by the holder to the Commissioner of a certificate from the company that such person's authority as such agent or solicitor continues. For each such Commislicense, or renewal thereof, the Commissioner shall fees and receive the sum of one dollar. The Commissioner shall keep an alphabetical list of the names of persons to whom such license shall be issued, with the date of the license and renewal, and the name of the company for which such person is working. If any person shall fraudulently assume to be an authorized agent or solicitor of any life insurance company, and thus procure or attempt to procure applications, or receive or attempt to obtain money for premiums, he shall be guilty of a misdemeanor. If any person shall, under a false or fictitious name, procure or attempt to procure a license to act as agent or solicitor of any life insurance company, he shall be guilty of a misdemeanor. [Chap. 256.] AN ACT TO AMEND SECTION SIX HUNDRED AND [Approved March 30th, 1874.] The People of the State of California, represented in SECTION 1. Section six hundred and fifty-six of the Political Code shall be amended so as to read as follows: Section Six Hundred and Fifty-six. The Board must keep a record of all their proceedings, and any member may cause his dissent to the action of the majority upon any matter to be entered upon such Records of Board of record. And all claims must be entered on the minutes of the Board before the same shall be acted upon. SEC. 2. This Act shall take effect from and after its passage. [Chap. 625.] Style of Contract for AN ACT TO AMEND CERTAIN SECTIONS OF AN ACT [Approved March 24th, 1874.] The People of the State of California, represented in SECTION 1. Section seven hundred and seventyseven of an Act of the Legislature of the State of California, approved March twelfth, eighteen hundred and seventy-two, entitled "An Act to establish a Political Code," is hereby amended so as to read as follows: Section Seven Hundred and Seventy-seven. The Reports must be published in well-bound volumes, and must be printed on good book paper, in small pica leaded, and brevier, equal in quality of paper and binding to Volumes Thirty-three to Thirty-nine, inclusive, of California Reports. SEC. 2. Section seven hundred and seventy-eight of said Act is hereby amended so as to read as follows: Section Seven Hundred and Seventy-eight. The publishing. Reporter shall have no pecuniary interest in the volumes of Reports, but they must be published under the supervision of the Court and Reporter, by contract, to be entered into by the Reporter, Secretary |