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ROOMS in the State Hall to be assigned to the Superintendent of the Insur-
ance Department,

Salaries:

Of Superintendent of Insurance Department and clerks,.

SALE of real estate owned by insurance companies may be postponed by
certificate of Superintendent,..

PAGE.

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10

22, 23, 57, 82

116

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28

SCHOOL HOUSES to be insured by trustees of school districts,
SCRIP dividends declared by fire insurance companies, when to be paid from
surplus profits only,.

May be issued to the insured for profits in participating joint-stock fire
insurance companies; regulations concerning,

Regulations concerning issue of, by mutual marine insurance companies,
in certain cases,..

SEAL for Insurance Department to be devised by the Superintendent; de-
scription thereof to be filed in office of Secretary of State; effect of seal;
impression may be made directly on paper,.

70

11, 12

13

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Fees for affixing, to copies of papers and certifying the same,
Common, fire insurance companies may have, may alter and change,.
Corporators of a life insurance company have power to adopt,...
SECRETARY or other officers of insurance companies to make annual state-
ment,
33, 34, 59, 83, 84
SECRETARY OF STATE, all books, papers and documents in the office of,
relating to insurance to be transferred to the office of the Superintendent
of the Insurance Department,..

SECURITIES to be transferred to Superintendent of Insurance Department,
To be deposited by companies of sister States in certain cases,.

OF FIRE INSURANCE COMPANIES: what to consist of; may be changed,. 21, 22
Deposited in Insurance Department by fire insurance companies of other
States and foreign countries,..

May be exchanged from time to time,

OF MARINE INSURANCE COMPANIES: from another State, what to consist of,
Of companies from foreign countries, what to consist of,..
Of companies in this State, what to consist of,..

53, 54

To be specified in annual statement,...

OF LIFE INSURANCE COMPANIES: amount of, required for organization of
under second department,..

What to consist of; amount to be deposited with Superintendent of Insur-
ance Department; may be withdrawn and exchanged,..
Description of, receivable at banking department,..

78, 79

78

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Of a life insurance company from another State to be deposited with chief
financial officer of that State; nature thereof; may be exchanged; and
interest thereon received by company,.

84, 85, 86

When to be deposited by foreign life insurance companies with Superin-
tendent,.

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SERVICE OF PROCESS upon agents of fire insurance companies of other
States and countries,..

May be made upon the attorney of a life insurance company from another
State or country,..

On insurance corporations created by the laws of other States; term pro-
cess defined,.

37

86,88

.117, 118

SISTER STATES, deposit of securities by insurance companies of, in cer-
tain cases,.

STATEMENT of companies formed for insuring against loss or damage
from having had stolen, horses, &c.,

13

123

33, 34, 35, 36

OF A FIRE INSURANCE COMPANY: annual, when to be made and filed; con-
tents thereof,.

Of mutual companies to report amount of notes originally forming capital, 35

STATEMENT- Continued:

To be made by a company of another State and foreign country, prelim-
inary to being authorized to transact business in this State; contents
thereof,

Of companies of other States and foreign countries to be renewed annually;
premiums received and losses incurred in this State to be reported by
attorney or general agent,.

Same, to be made by foreign fire, marine and life insurance companies as
are made by our own companies,..

OF A MARINE INSURANCE COMPANY: from another State, on admission
into this State, to be procured, thereafter, annually,...
From another country, on admission into this State, to be renewed annu-
ally,

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37, 38

40

41, 42

53

.53, 54, 55

Annual, to be made by companies of this State; contents thereof,.
May be deferred, by agencies in Asia or Europe,.

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59, 60

OF A LIFE INSURANCE COMPANY: annual, when to be made and filed;
and contents thereof,..

83, 84

To be filed by a company from another State or country,.
STATE HALL, trustees of, to assign rooms to Superintendent in,.
STATE TREASURY, assessments of stock companies to be paid into,
Fees to be paid into,.

.86, 87, 89

STOCK, new, may be issued to make up deficiency in assets of a fire insur-
ance company, in certain cases,.

43, 44

OF A MARINE ÎNSURANCE COMPANY: books of subscription to, when to be
opened,.

Amount of, required for incorporation of companies in the city of New
York and county of Kings; for other counties,..

Securities representing, to be specified in annual statement,

New, when to be created and disposed of by directors,

Transfer of, when not to release person making transfer from liability,.
When impaired, dividends not to be made,..

When companies to have lien upon,..

Duties of trustees, when amounts to $300,000,..

OF A LIFE INSURANCE COMPANY: to be distributed among subscribers in
certain cases,.

STOCKHOLDERS:

OF FIRE INSURANCE COMPANIES: liable for receiving dividends made con-
trary to certain provisions,.

.....

Of companies, not parties to suits, may be witnesses,.

May bring suits at law against corporation for losses in certain cases,..
Transferring stock during the pendency of an examination, under § 24,
chap. 466, Laws of 1853, not released from liability for losses previous to
transfer,

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OF MARINE INSURANCE COMPANIES: when called upon to pay amount of
deficiency in capital,.
Written consent of a majority of three-fourths in amount, necessary to
extension of charter of joint-stock company,.....

Suits at law may be maintained by, against corporation in certain cases,.. 64,
OF LIFE INSURANCE COMPANIES: may bring suits at law against a life
insurance corporation, in certain cases,.

STOCK FIRE INSURANCE COMPANIES to express on face of policies
that the same are stock policies,..

STOCK INSURANCE COMPANIES, when to be assessed by Superintendent,
STOCKS to be transferred to Superintendent of Insurance Department,....
FIRE INSURANCE COMPANIES: of this State and the United States, capital
and funds of a company may be invested in,

21, 22

Of counties or incorporated cities of this State, capital and funds of a
company may be invested in,

21, 22

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STOCKS-Continued:

Nature and character of, to be deposited by companies of other States and
countries; may be exchanged,

MARINE INSURANCE COMPANIES: from other States, capital of, what in-
vested in,

.....

From other countries, capital of, what invested in,
Of this State, capital of, what invested in,..

LIFE INSURANCE COMPANIES: or treasury notes of the State of New York
or the United States, the capital of company may be invested in,.
Description of, receivable at banking department,.

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Of incorporated cities of this State, funds and accumulations of companies
may be invested in,...

80

Description of, in which the capital of companies from another State may
be invested,.

84, 85

SUBSCRIPTION BOOKS to capital stock of fire insurance companies, when
to be opened; regulations,.

20, 21

To capital stock of marine insurance company, when to be opened; regu-
lations concerning,.

51

To capital stock of life insurance company, when to be opened; regula-
tions,.

77,78

SUITS AT LAW, may be maintained by fire insurance corporations
against any of their members or stockholders, and vice versa,

29

May be maintained by marine insurance companies, against any of their
stockholders, and vice versa,

May be maintained by life insurance corporations against any of their
members, and vice versa,.

SUPERINTENDENT OF THE INSURANCE DEPARTMENT, how ap-
pointed; salary; to employ clerks and appoint a deputy,
Shall take the constitutional oath of office; give bond, &c.,
General powers and duties,

......

Shall devise a seal for the Insurance Department,.

Shall make an annual assessment on stock insurance companies of this
State for excess of expenses of Department over fees received, .

To be paid for taxes, fines, penalties, and license fees, by insurance com-
panies of other States, an amount equal to the amount imposed by laws of
such States upon companies of this State,. . . . . . .
FIRE INSURANCE COMPANIES: may reject the name of a company; in what

cases,

May extend time within which to sell real estate owned by a company; in
what cases,..

To make or cause to be made an examination of the capital of a company,
preliminary to organization,..

64, 65

82

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10, 11

11

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13, 14

18

23

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Must. certify that he is satisfied that accumulated profits have been re-
alized and duly invested; scrip issued therefor, to a certain amount,
before cash capital of a joint-stock company can be paid off and canceled,
May address any inquiries to a company; duty of company to reply
promptly, in writing,..

Duty to prepare and forward printed forms for annual statements,.
May change form of annual statement, from time to time,

To make annual report to the Legislature,.

Amount and nature of securities to be deposited with, by companies of
other States and foreign countries,

To grant certificates of authority to the agents of companies of other
States and foreign countries, in certain cases,

To furnish renewal certificates of authority to agents in certain cases,..
To make or cause to be made an examination of affairs of a company
whenever he shall deem it expedient; powers and duties of Superin-
tendent thereon,

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SUPERINTENDENT OF THE INSURANCE DEPARTMENT-Continued: PAGE.
May make a requisition on a company to pay in deficiency when assets
are found to be insufficient, .

MARINE INSURANCE COMPANIES: declaration, comprising copy of charter
to be filed in office of,

...

Certificates of authority, when issued by, to agents of companies from
other States,

42

51

53

Certificates of authority, when issued by, to agents of companies from
other countries,.

53, 54

Statements of companies of other States and countries to be filed in
office of,

53, 54

May extend time for sale of real estate in certain cases,
Charter of company, when to be examined by,

When to furnish certified copy charter and certificates,..
Annual statement of affairs of every company to be filed in office of,
To prescribe forms for annual statements, and make changes therein,.
To arrange and communicate to the Legislature the information contained
in annual statements,

When to direct officers of company to wind up business; regulations con-
cerning,..

61, 62

Copy of amended charter and accompanying documents, when filed in
office of,.

63, 64

LIFE INSURANCE COMPANIES: may extend time for sale of real estate in
certain cases,..

When written consent to increase capital of mutual companies, in opera-
tion in New York city, to be filed in office of,......

Duty of, to prepare and furnish printed forms for annual statements;
power to make changes therein,.

To compile and report to the Legislature the information contained in the
annual statements,

...

To give certificate of authority, in certain cases, to the agent of a com-
pany from another State, or foreign country,.

86, 87, 89, 90
To cause an examination to be made into the affairs of a company, when
he shall deem it expedient so to do; powers of Superintendent in such

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59

60

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cases,.

To publish the result of an examinationin to the affairs of a company, if
deemed for the interest of the public so to do,...

To communicate to the Attorney-General the fact of the insufficiency of
the assets of a company,

To publish notification of revocation of the certificates of authority of
agents of a company not incorporated under the laws of this State,....
To publish notice of the intention of a company to relinquish business,
on receiving the application of its officers to that effect,

92

92

92, 93

93

94

To deliver up to a company relinquishing business, all securities held for
it in trust, on being satisfied that all its debts are extinguished; or in
proportion as all liabilities upon any contract with any citizen of this
State are diminished less than one-half the amount of securities retained, 94, 95
SUPERINTENDENT OF POLICE, in New York city, to investigate into
the origin of every fire occurring in said city,
SUPPLEMENTARY STATEMENTS, when to be filed by fire insurance
companies of other States and countries, and what to contain,
When to be filed by life insurance companies of other countries, and what
to contain,

SUPREME COURT, to take cognizance of application of the Attorney-Gen-
eral to close the business of a life insurance company organized under
the laws of the State of New York, and in certain cases to decree the
dissolution of the company,

Empowered to refer actions in which receivers of insolvent mutual insur-
ance companies are parties,

127

40

89

93

130

SURETIES, to the official bond of Superintendent,.

SURPLUS FUNDS, of a fire insurance company, how to be invested and

re-invested,..

Scrip dividends, to be paid from,.

Of a marine insurance company, how invested,.

To be liable for excess of losses and expenses above premiums, in certain

cases,

SURPLUS PROFITS of a fire insurance company, how estimated,.

Tax:

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25

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When to be paid by companies of sister States,
Annual, to be paid by foreign life insurance companies toward defraying
expenses of Insurance Department,

On marine premiums received by the agents of companies not incorporated
by the laws of this State,..

90

...100, 101

Of two per cent on premiums, to be paid by fire insurance companies not
incorporated by the laws of this State, to fire department in New York
city, and in every city and incorporated village in this State,.....105, 106, 110
Of mutual life insurance companies provided for by amendment to Law of
June 29, 1853,

.........

Of mutual life insurance companies to be limited to taxation on $100,000
for personal property, and no more, as provided by chap. 83, laws of
1855,

95

96
105

Of foreign insurance companies and associations,.
TIME for selling real estate owned by insurance companies extended, .23, 57, 82
TITLE of insurance company, when to be rejected,
TRANSFER of stock of marine insurance companies, in certain cases, not to
release from liability persons making same,..

TREASURY NOTES, or stocks, the capital of a fire insurance company,
may be invested in,

Or stocks, the capital of a life insurance company, may be invested in,..
TREASURER of New York fire department may demand an account and
payment of the tax on fire premiums from agents of companies not incor-
porated by the laws of this State,..
May require a renewal of bond,..

TRUSTEES:

OF FIRE INSURANCE COMPANIES: majority of, to be citizens of this State,
Corporators or directors of a company may make by-laws,
And corporators, and those entitled to participate, liable for all debts until
capital is paid in, and a certificate thereof recorded,.
Unanimous consent of, necessary to the increase of capital stock of a
mutual company,

....

Or directors, consent of three-fourths necessary in order to change a
mutual to a joint-stock company,.

OF MARINE INSURANCE COMPANIES: a majority of, to be citizens of this
State,.....

Have power to make by-laws,.

Unanimous consent of, necessary to extend original charter of mutual
company,

.....

Jointly and severally liable, until whole amount of capital paid in, and
certificate thereof recorded,..

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To make regulations in relation to certificates of stock to be issued, and
the transfer thereof, in certain cases,..

Power of, when cash stock paid in amounts to $300,000,.

OF LIFE INSURANCE COMPANIES: majority of, to be citizens of this
State,.

Majority of, or certain officers, to make annual statement,.

83, 84

Have power to make seal and by-laws,.

82

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