cent of the premiums or deposits collected from subscribers on policies having one year or less to run and pro rata on those for longer periods, or in lieu thereof One Hundred (100) per cent of the pro rata, unearned premiums or deposits collected from subscribers. In addition to the assets previously provided for in this Section, there shall also be maintained on deposit at the Exchange in the case of employer's liability and workmen's compensation insurance, a surplus fund in cash or such securities of not less than One Hundred Thousand Dollars ($100,000.00) and in the case of Exchange writing the other kinds of insurance, a surplus fund in the sum of not less than Fifty Thousand Dollars ($50,000.00). There shall also be maintained, as a claim or loss reserve, cash or such securities sufficient to discharge all liabilities on all outstanding losses arising under policies issued, the same to be calculated in accordance with the laws of the State relating to similar reserves for companies insuring similar risks. If at any time the amounts on hand are less than the foregoing requirements, the subscribers or their attorney for them shall make up the deficiency. If it appears that the amount of funds required in this Section has not been accumulated, then the subscribers or their attorney in fact for them shall immediately advance such sums as are needed to comply with the provisions of this Section and shall not be withdrawn, except with the approval of the Insurance Commission of the State wherein the Exchange is domiciled and shall not be treated as a liability at the Exchange. Such advances shall be repaid only out of the surplus funds of the Exchange. Any reciprocal or inter-insurance Exchange, exchanging contracts of indemnity covering loss by fire, tornado or plate glass and not confining its coverage to specific lines of business or not confining its coverage chiefly to sprinklered risks or which does not file its own schedule of rates, shall be subject to the provisions and regulations as to rates by the State Insurance Board. Reciprocal or inter-insurance Exchanges, exchanging contracts of indemnity covering compensation and the legal liability of employers, shall file with the State Insurance Board a manual of rates covering insurance rates applying to legal liability of employers. The rates so filed shall not be less than the manual rates filed with the State Insurance Board by the National Council on Workmen's Compensation Insurance. The rates, when so filed, shall be charged by such reciprocal or inter-insurance Exchange; provided, however, nothing herein shall prevent periodical adjustments in conformity with their plan of underwriting or merit rating plan to reach the exact cost basis to subscribers nor prevent the return of any unused portion of any premium or deposit to subscribers."

Certificate of Authority.

Section 6. That Section 6957, of the Compiled Oklahoma Statutes of 1921, be hereby amended to read as follows:

"Section 6957. Each attorney by or through whom are issued any policies of, or contracts for, indemnity of the character referred to in this Act, shall procure from the State Insurance Board, annually, a certificate of authority stating that all of the requirements of this Act have been complied with and upon such compliance and the payment of the fees required by this Act, the State Insurance Board shall issue such certificate of authority to the attorney in the

name and title of the office mentioned in Subdivision A of Section 6950. The State Insurance Board may revoke or suspend any certificate of authority issued hereunder in case of breach of any of the conditions imposed by this Act after reasonable notice has been given said attorney in writing so that he may appear and show cause why such action should not be taken. Any attorney, who may have procured a certificate of authority hereunder, may renew same annually thereafter; provided, however, that any certificate of authority shall continue in full force and effect until the new certificate of authority be issued or specifically refused. Any agent, solicitor or inspector, soliciting or negotiating contracts of idenmity in this State on a Commission basis shall procure annually from the State Insurance Board a license for which a fee of Three Dollars ($3.00) shall be paid, but this requirement shall not apply to non-resident salaried representatives of such Exchanges as pay no commissions except to an office manager or attorney in fact with the principal office in another State, from which contracts of indemnity are issued direct to the assured."

Fees.

Section 7. That Section 6958, of the Compiled Oklahoma Statutes of 1921, be hereby amended to read as follows:

"Section 6958. Such attorney shall pay as a fee for the issuance of a certificate of authority, herein provided for, the sum of Twenty Dollars ($20.00), together with an annual tax equal to two (2) per centum of the gross premiums or deposits collected from Oklahoma subscribers during the preceding calendar year, after deducting returns for cancellations, considerations for re-insurance with licensed insurers and all amounts returned to subscribers or credited to their accounts as savings during such year, which, together with the fees provided for, in the previous section, shall be in lieu of all license fees and taxes of whatever character in this State.

Approved March 30, 1923.

CHAPTER 191.

HOUSE BILL NO. 254.

Cotton Gin Utilities.

AN ACT amending Sections 3713, 3714, 3715, of the Compiled Oklahoma Statutes, Annotated, 1921, relating to cotton gin utilities and their control and regulation by the Corporation Commission, and declaring an emergency.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA :

Cotton Gins-License.

Section 1. That Section 3713, of the Compiled Oklahoma Statutes, 1921, be and the same is hereby amended to read as follows:

Section 3713. That no person or persons, or corporation in this State shall be permitted to maintain and operate a gin for the purpose of ginning seed cotton without first having secured a license for such purpose from the State Corporation Commission,

said license to be issued upon proper showing to be made as prescribed by the rules and regulations promulgated by the commission. The fee for said license issued by the Corporation Commission is hereby fixed at three (3c) cents per bale based on the number of bales ginned the previous year as shown by the final report of said gin on file, with the Corporation Commission. In case of a new plant or a gin that did not operate the preceding year, a license fee of Five Dollars ($5.00) per gin stand will be charged; which sum shall be converted into the State Treasury of the State of Oklahoma.

Corporation Commission-Licenses.

Section 2. That Section 3714 of Compiled Oklahoma Statutes, Annotated, 1921, be and the same is hereby amended to read as follows:

Section 3714. That the Corporation Commission in issuing such license shall have the right to take into consideration the necessity for the operation of a gin for such purpose at the place of its location; provided nothing herein shall operate to prevent the licensing of gins now established, except for violation of the provisions of this Act or of the rules, regulations and requirements of the Corporation Commission made and promulgated pursuant to this Act. No new gin plants shall be constructed, installed, or licensed, or any old gin removed from one point to another until satisfactory showing shall have been made to the Corporation Commission setting forth that such gin is a needed utility and that the proposed corporation, company, firm or individual is a competent and desirable corporation, company, firm or individual to establish and operate said gin as may appear in the discretion of said Commission. The Commission shall have the right to take into consideration the responsibility and reliability and qualifications as well as the capacity of the person or persons or corporation to do such ginning business so as to afford all reasonable facilities, conveniences and services to the public and shall have the power and authority to require such facilities, conveniences and services to be afforded the public. The inspectors provided herein shall be men who have served at least three years in practical and actual gin operation and shall be appointed by the Corporation Commission; that said inspectors shall have the power to make recommendations to the Commission as to the opening or closing of any gin or gins as well as to the affording by such gins of the reasonable facilities, conveniences and services to the public hereinbefore authorized to be required, as well as to make such other reports and recommendations to the Corporation Commission as may to said inspectors appear necessary, reasonable and just. Same-Power and Authority.

Section 3. That Section 3715, Compiled Oklahoma Statutes, 1921, be and the same is hereby amended to read as follows, to-wit: (Sic) 3715. That the Corporation Commission shall have the same power and authority and be charged with the duty of regulating and controlling such cotton gins in all matters relating to the performance of public duties and the charges therefor and correcting abuses and preventing unjust discrimination and extortion, as is exercised by said Commission as to transportation and transmis

sion companies and shall have the same power to fix rates, rules, charges and regulations to be observed by such person or persons or corporation operating gins and the affording of all reasonable conveniences, facilities and services as it may impose as to transportation or transmission companies. For the purpose of carrying into effect the provisions of this Act, there is hereby created a department of Cotton Gin Utilities under the Corporation Commission. The Commission shall appoint four inspectors of cotton gins, one of whom shall be selected as head of such department, who shall receive a salary of Two Thousand ($2,000.00) Dollars per annum, whose functions, duties and term of office shall be regulated at the discretion of the Commission. There is also provided a stenographer for such Commission, who shall receive a salary of Twelve Hundred ($1,200.00) Dollars per annum. The fiscal year of all cotton gin utilities shall terminate March 31, 1924, and annually each year thereafter, and it shall be the duty of each and every corporation, company, firm or individual owning or operating a cotton gin to file a final report for the preceding year not later than thirty days following the expiration of said fiscal year. Failure to file said report shall constitute a forfeiture of license and is hereby declared to be a misdemeanor and may be prosecuted as such, said report to be in accordance with rules and regulations promulgated by the Commission from time to time.

Appropriation.

Section 4. For the purpose of carrying out the provisions of this Act and Section 3718, Compiled Statutes of Oklahoma, 1921, there is hereby appropriated out of any funds in the State Treasury, not otherwise appropriated, the following sums:

Is hereby made for the carrying into effect of this Act, as well as Section 3718, Compiled Oklahoma Statutes, 1921. Where provision is made herein for traveling allowance the expense of same shall be computed on the following basis: All claims made for traveling expenses within this State shall be limited to actual transporation charges, and the sum of Four ($4.00) Dollars per day in lieu of all subsistence and no claim for traveling allowance or subsistence shall be made unless the party making claim for same is actually traveling upon business for this State, and under orders from the head of the Department for which he is working, and no claim shall be approved or allowed in excess hereof by the State Auditor, and if the State Auditor shall approve, allow or pay any claim in excess hereof, he shall be guilty of malfeasance and liable for the amount of the same on his official bond, and the State Examiner and Inspector shall prepare forms for use in filing claims in conformity with the above provisions herein set forth.

Repealing Section.

Section 5. All Acts in conflict herewith are hereby repealed. Emergency.

Section 6. It being immediately necessary for the preservation of the public peace, health and safety, an emergency is hereby declared to exist, by reason whereof this Act shall be in full force and effect from and after its passage and approval.

Approved April 5, 1923.

CHAPTER 192.

HOUSE BILL NO. 269.

County Officials.

AN ACT fixing the salaries of county officials in counties of the state of Oklahoma having the population of not less than 13,110 and not more than 13,120, according to the last preceding Federal decennial census.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA :

Salaries.

Section 1. That the salary of the officials in every county in the State of Oklahoma having a population of not less than 13,110, and not more than 13,120, according to the last preceding Federal Decennial Census, or any future census that may be ordered and taken under the direction of the Board of County Commissioners of such County shall be as follows: County Judge $2,000.00, County Attorney $2,000.00, County Superintendent $1,800.00, Sheriff $2,000.00, County Clerk $1,800.00, Court Clerk $1,800.00, Tax Assessor $1,800.00, County Treasurer $1,800.00.

Approved March 7, 1923.

CHAPTER 193.

HOUSE BILL NO. 273.

Improvement of Capitol Building.

AN ACT providing for improvement of the Capitol building, Capitol square and grounds. paving Lincoln Boulevard, 21st Street and intersecting streets, building side-walks, making appropriations therefor.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA :

Appropriation.

Section 1. There is hereby appropriated out of any money in the State Treasury, not otherwise appropriated, the sum of Sixty Thousand, One Hundred Nineteen ($60,119.00) Dollars, or so much thereof as may be necessary as per estimate by the Engineers of the State Highway Department for the completion of the improvements, on the Capitol square and grounds, which improvements shall include asphalt paving, street curb, radius curb, unclassified excav