Official Report of the Proceedings of the National Insurance Convention of the United States, Volumen5J.H. and C.M. Goodsell, 1875 |
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Página 1
... organized have already brought themselves up to the standards of the oldest and the best . He said that companies which ought not to be admitted were continually knocking at the doors of the departments . If they are admitted the ...
... organized have already brought themselves up to the standards of the oldest and the best . He said that companies which ought not to be admitted were continually knocking at the doors of the departments . If they are admitted the ...
Página 11
... organizing companies by exchanging stock for mortgages upon the lands of stockholders ; therefore , Resolved , As the sense of this Convention , that the practice of taking such mortgages for stock is contrary to the spirit and true ...
... organizing companies by exchanging stock for mortgages upon the lands of stockholders ; therefore , Resolved , As the sense of this Convention , that the practice of taking such mortgages for stock is contrary to the spirit and true ...
Página 12
... organized under laws of another State than that where the tax is levied . Taxation is of two kinds , direct and indirect - one being laid upon persons and property , and the other upon privileges . It is the latter with which we have to ...
... organized under laws of another State than that where the tax is levied . Taxation is of two kinds , direct and indirect - one being laid upon persons and property , and the other upon privileges . It is the latter with which we have to ...
Página 13
... organized under their respective State laws , thus also violating the fundamental rule of taxation as to uniformity and class , and the local courts having apparently sustained such legislation . The companies have so long submitted to ...
... organized under their respective State laws , thus also violating the fundamental rule of taxation as to uniformity and class , and the local courts having apparently sustained such legislation . The companies have so long submitted to ...
Página 14
... organized is one of mere sufferance , and are subject to such li- cense or tax as may be imposed upon them by the States respectively . While we are of the opinion that what has already been said covers the point fully , they venture to ...
... organized is one of mere sufferance , and are subject to such li- cense or tax as may be imposed upon them by the States respectively . While we are of the opinion that what has already been said covers the point fully , they venture to ...
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Términos y frases comunes
actuary adopted agents amalgamation amount ance annual statement application assets assume Attorney-General average balance basis of taxation blank bonds Cash paid cent certificate citizens or corporations Committee company doing business company organized constitutional Convention cost courts death Deduct deposit discriminate dividends dollars evils examination expenses fact fallacy fire insurance company friends of sound funds gentlemen gross premiums Gustavus W high ages imposed income inferior risks insurance business Insurance Commissioner Insurance Department insurance laws interest invested issued JULIUS L legislation levied liability Liens lives loading Loans longevity losses marine insurance Massachusetts miums mortality mortality tables mortgages Net Present Value pany person Pillsbury plateau policy-holders Premium Notes premium receipts Present value privilege Productive business profit protection question received reinsurance reserve resolution Rhodes Secretary Service of process session solvency surance surplus term-life thereof tion Total York
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Página 13 - It is not intended to say that these words comprehend that commerce which is completely internal, which is carried on between man and man in a state, or between different parts of the same state, and which does not extend to or affect other states. Such a power would be inconvenient, and is certainly unnecessary. Comprehensive as the word among is, it may very properly be restricted to that commerce which concerns more states than one.
Página 2 - State or country any taxes, fines, penalties, licenses, fees, deposits of money or of securities, or other obligations or prohibitions are imposed on insurance companies of this State doing business in such other State or country, or upon their agents therein, in excess of such taxes, fines, penalties, licenses, fees, deposits of money or of securities, or other obligations or prohibitions...
Página 19 - Any company, receiving the aforesaid requisition from the comptroller, shall forthwith call upon its stockholders for such amounts as will make its capital equal to the amount fixed by the charter of said company ; and in case any stockholder of such company shall refuse or neglect to pay the amount so called for, after notice personally given or by...
Página 5 - Comptroller shall take and subscribe the oath of office prescribed by the Constitution and laws of...
Página 12 - Such as shall be requisite for its immediate accommodation in the convenient transaction of its business: or, 2. Such as shall have been mortgaged to it in good faith, by way of security for loans previously contracted, or for monies due: or, 3.
Página 19 - ... the said stockholder may be entitled to, in the proportion that the ascertained value of the funds of the said company may be found to bear to the original capital of the said company...
Página 20 - ... company should not be closed, and the court shall thereupon proceed to hear the allegations and proofs of the respective parties; and in case it shall appear to the satisfaction of said court that the assets and funds of...
Página 12 - Comptroller, that the interests of the company will suffer materially by a forced sale of such real estate, in which event the time for the sale may be extended to such time as the Comptroller shall direct in said certificate.
Página 2 - State or nation, or upon their agents therein, so long as such laws continue in force, the same obligations and prohibitions, of whatever kind, shall be imposed upon all insurance companies of such other State or nation doing business within this State, and upon their agents here.
Página 12 - Such as shall have been mortgaged to it in good faith, by way of security for loans previously contracted, or for moneys due : or, 3. Such as shall have been conveyed to it in satisfaction of debts previously contracted in the course of its dealings : or, 4. Such a." shall have been purchased at sales upon judgments, decrees or mortgages obtained or made for such debts...