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Sec. 60. Every person who shall violate any law of this state relating to insurance companies organized under the laws of other states or foreign governments shall be fined not more than five hundred dollars when no other penalty is provided.
Sec. 61. Every insurance company or association, other than fire or life, incorporated under the laws of this state, and having its principal office or place of business within this state, shall have a paid up capital stock of at least one hundred thousand dollars invested in securities as prescribed in section twenty-eight, whose market value shall be at par, and in addition thereto shall maintain a reserve equal to the unearned portion of the gross premium charged for covering all risks written, and shall state on the face of its policies or certificates the agreements with the assured; provided, houever, that accident or accident and health insurance companies which under their policies agree to pay a weekly indemnity, not to exceed ten dollars per week, and a principal sum not to exceed five hundred dollars, may be licensed to transact business within this state by having a paid up capital in cash of ($10,000), ten thousand dollars and, provided, their assets are in the opinion of the insurance commissioner, fully sufficient to protect their policy holders, and in other respects they comply with the provisions of this section; and, prorida, further, that no insurance company shall advertise a greater amount of capital stock than the actual paid up capital stock of such company.
Sec. 62. Every insurance company or association other than fire or life, incorporated under the laws of any other state of the United States or any foreign country and having its principal office or place of businesss outside of this state, shall be governed by the laws of this state regulating the admission of foreign fire insurance compa. nies doing business in this state; provided, however, that the form of policy prescribed for fire insurance companies does not apply to the companies or associations covered in this section ; but such companies or associations shall state on the face of its policies or certificates the agreements with the assured. Sec. 63. Every insurance company having its principal place of
. business in this state and incorporated by an act of the general assembly of Virginia, passed before the twentieth day of June, one thousand eight hundred and sixty-three, or heretofore or hereafter incorporated under and pursuant to any act of the legislature of this state, shall be deemed a domestic company; and every other insurance company a foreign company.
Sec. 64. Every person who shall obtain, or attempt to obtain, from any life or accident insurance company of this state, any money on any policy of insurance issued by it, by falsely or fraudulently representing the insured person as dead, or the person injured against accident as injured or shall fraudulently obtain, or attempt to obtain, any money from such company on a policy of insurance issued in the name of a fictitious person, shall if the sum be obtained or attempted to be obtained be one hundred dollars or more, be imprisoned not more than ten years; and if such sum be less than one hundred dollars he shall be fined not more than five hundred dollars, or imprisoned not more than one year, or both.
Sec. 65. Every insurance company or association incorporated by or organized under the laws of any other state, and admitted to transact business in this state, shall return anuually, on or before the thirty-first day of January, under the oath of its president or secretary, the gross amount of premiums collected and received by it for the previous calendar year of business done in this state; and upon receiving from said commissioner a certificate of the acceptance of said return and of the amount of tax due thereon, said company shall pay said tax to the insurance commissioner on or before the first day of March, and the insurance commissioner may, if he deems best, require from every such company a bond with surety for the payment of said tax.
Sec. 66. Every insurance company or association incorporated by or organized under the laws of any foreign government, which shall have received a license to transact business in this state, shall return annually on or before the thirty-first day of January, under oath to said commissioner, the gross amount of premiums collected and received by such company or association for the previous calendar year, of businesss done in this state; and the resident manager shall annually, on or before the first day of March, pay to the insurance commissioner of this state a license tax of two per centum upon the amount of premiums so collected or accrued, and the commissioner may, if he deem best, require from every such resident manager a bond with surety for the payment of said tax.
Sec. 67. No insurance company or associaiton shall cancel a
policy issued against loss by fire on property in this state without giving the party insured at least five days' notice in writing, of such intention and returning the ratable proportion of the premium of the unexpired term of the policy.
Sec. 68. No fire insurance company shall issue fire insurance policies on property in this state other than those of the form used by fire insurance companies incorporated under the laws of the state of New York, with such changes and additions as the insurance commissioner may deem proper.
Sec. 69. In all policies of insurance issued against loss by fire, made by companies chartered by or doing business in this state, no condition shall be valid unless stated in the body of the policy or attached thereto.
Sec. 70. Every mutual company shall cause to appear in the body of its policy the total amount for which the assured may be liable under the charter of said company.
Sec. 71. It shall be the duty of every assessor to transmit to the insurance commissioner within the week preceding the first day of February in every year, a list of all insurance companies or agents doing businesss within his assessment district.
Sec. 72. The written or printed copies of all papers required by this chapter to be deposited with the insurance commissioner, certified under the hand of such commissioner to be true and correct copies of such papers shall be received as evidence in all courts and places in the same manner and have the same force and effect as the original would have produced.
Sec. 73. Every foreign insurance company doing business in this state shall pay the said commissioner an annual license tax on the amount of the business done in this state, which license tax shall be paid into the state treasury for the benefit of the state fund. The annual license tax of every such company shall be a sum equal to two per cent of the gross premiums received by it on the business written or renewed in this state, less premiums returnable for cancellation.
Sec. 74. The secretary of state of this state, shall not issue a certificate of incorporation to any insurance company or association whose principal place of business is located outside of this state, and shall not issue a certificate of incorporation to any insurance company or association whose principal place of business is located within this state until the insurance commissioner shall have examined the same and become satisfied in his opinion that such company or association is in a position to comply with the laws of this state governing insurance companies, and until such insurance commissioner shall have approved the same in writing.
Sec. 75. Every fire or fire and marine insurance company authorized to transact business in this state shall, at the time of making its annual report to the insurance commissioner, furnish a statement of the business written in this state and re-insured in other companies, showing the names of such companies, the amount at risk and the amount of premiums thereon, to the end that the state may receive the taxes due on such business.
Sec. 76. All acts and parts of acts, coming within the purview of this act and inconsistent therewith are hereby repealed.
Whenever the word "company'' is used in this act it shall be held to include corporations, associations, partnerships or individuals.
(Senate Bill No. 171.)
AN ACT to create the department of mines, to provide a more ef
ficient system of mine inspection, to re-district the state for the purpose of mine inspection, and to regulate mining operations.
(Passed February 22, 1907. In effect ninety day's from passage.
Governor, February 27, 1907.)
Approved by the
Department of mines created; its
purpose; chief of department of
ing expenses paid,
office : by whom appointed ;
of : removals ; duties; vacancies.
report; when ; what to contain ;
ed and distributed.
maps of mines; what to show ;
If operator neglect or fail to
ex pense of making maps ; by whom
paid. Plan of proposed developments to
be submitted to district mine in
spector before made. Duty of mine foreman or assist
ant before beginning work; inexperienced persons
work under direction of mine foreman or assistant; when not lawful to allow persons
to work in mines; two openings required; condition of openings ; provi. sions not applicable under certain conditions ; penalty for
violations. To maintain metal speaking tube,
etc., machinery to be inspected; how often; penalty for viola
tions. Machinery to be in charge of com
petent and sober engineers; no more than ten persons to ride on cage or cars; safety holes ; penalty for violation.
Provisions for proper ventilation
of mines; penalty for violations ;
penalty for violation.
fire damp and other gases; pen
alty for violation.
tion : ventilation to be main-
duties of ; penalty for violations.
certain mines; lamps the prop-
some person designated by
alty for violation.
qualitications and duties; mine
penalty for violation.
inspector for entering mine;
Employees not to do any act that
endangers life or property ; pen. alty for violation; if operator refuse to furnish necessary supplies and loss of life result from such refusal a right of action
for damages may ensue. Intimidation of employees pro.
hibited; provision not construed as to prevent association persons for lawful purposes;
penalty for violation. Operators to make report on acci
dents : notify coroner ; power and duties of mine inspector in case of explosion or accident;
penalty for violation. Operator to make annual reports to the chief of the department of inines ; what reports to con
tain ; penalty for violation. Penalty for permitting work to be
done in the mine in violation of instructions issued by mine in
spector. Mine inspector to prescribe condi
tions under which solid shooting
to be done. Steam locomotives not to be used
in mines, except, etc. ; penalty
for violation. Operators to adopt rules for gov.
ernment and operation of mines ; to be posted ; penalty for viola
tion. Courts having concurrent juris
diction in all prosecutions; right
of appeal. To what mine laws apply; incon
sistent acts repealed.
Be it enacted by the Legislature of West Virginia.
Sec. 1. There is hereby created an executive department to be known as the “Department of Mines’’ which shall have for its purpose the supervision of the execution and enforcement of all state laws pertaining to the inspection of mines, heretofore and hereafter enacted for the safety of persons employed within or at the mines within this state, and the protection of mine property and other property used in and in connection therewith ; and the said department of mines shall be in charge of an official to be known as the chief of the department of mines, who shall have full charge of said department, and who shall superintend and direct the inspection of mines as herein provided and as provided by any other state law not in conflict with this act.
The chief of the department of mines shall keep a record of all inspections made by himself and the district mine inspectors, which shall be a permanent record properly indexed; the record of the de