Page images
PDF
EPUB

Life insur

miums

apply to

Peace for license.

Upon paylicense fee elekto

ment of

sue license.

OF INSURANCE COMPANIES.

CHAPTER 140.

OF INSURANCE COMPANIES.

AN ACT to amend an act entitled "An act in relation to Insurance Companies."

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

SECTION 1. That any Life Insurance Company, which ance com collects its premiums for insurances on lives in weekly paylecting pre- ments, may apply to the Clerk of the Peace in any county for weekly may a proper license authorizing and empowering such company Clerk of the to engage in and carry on its business in this State, and upon payment to the said Clerk of the Peace of the sum of fifty dollars and also the fee to the Clerk of the Peace for issuing the license, it shall be the duty of such Clerk of the Peace to issue to it a proper license to transact business for one year from the date thereof. Any such company after receiving such license, and otherwise complying with the insurance laws of this State, shall be authorized to transact its business. in the State, and any agents or employes of such company required to employed to solicit applications for insurance and collect tional fee. premiums, shall not be required to pay any other license fee as Exception, an insurance agent except the fee of two dollars to the Insurance. Commissioner for the certificate of authority of said agent; Provided, that such agent or employe is not engaged in soliciting or transacting business within the State for any other foreign fire or life insurance company.

Agents not

pay addi

Proviso.

Passed at Dover, April 6, 1887.

OF PILCTAGE, NAVIGATION AND VESSELS.

CHAPTER 141.

OF PILOTAGE, NAVIGATION AND VESSELS.

A SUPPLEMENT to an act entitled "An act regulating Pilots and Pilotage of and in the Bay and River Delaware," passed at Dover, April 5th, 1881.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

com

SECTION 1. That no master or commander of a steam tug- Unlawful boat shall undertage to tow any inward bound vessel required for master or liable to take a pilot by the act to which this is a supple- or colier of ment beyond a line, the Brandywine Light House bearing a steam east (unless such vessel has a pilot on board) without lying by tow vessels for five hours, at the Delaware Breakwater, to give an oppor- pilot. tunity for a pilot to offer.

a sum

tug-boat to

without a

SECTION 2. Any master or commander of a steam tugboat, or any person in charge of the same, who violates the Penalty. foregoing section shall be treated and regarded as piloting without a license, and together with the owner or owners thereof shall become liable to and pay for the uses of the Board of Pilot Commissioners, created by an act passed at Dover, April 5th, 1881, entitled "An act regulating Pilots and Pilotage of and in the Bay and River Delaware," equal to the regular pilotage prescribed by the said act of April 5th, 1881, had such inward bound vessel taken a pilot. SECTION 3. The said Board of Pilot Commissioners are hereby empowered to sue for the pilotage that may be incurred Pilot under this act, and to enforce all remedies for the same by sioners emsuits in the courts of this State or before a Justice of the Peace, or by proceedings in rem to enforce the lien which is pilotage. hereby given said Pilot Commissioners on any steam tugboat whose master, commander, or person in charge of the same, has incurred or become liable for the pilotage aforesaid.

Passed at Dover, April 13, 1887.

Commis

powered to

sue for

OF RETAILERS OF GOODS AND PEDDLERS.

Section 3.

Revised

Code amended.

CHAPTER 142.

OF RETAILERS OF GOODS AND PEDDLERS.

AN ACT to amend Chapter 68, of the Revised Code.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

SECTION 1. That Section 3 of Chapter 68, of the Revised Charter, Code, be and the same is hereby amended by striking out the words "to a non-resident of the State" occurring in line six' of said Section 3, also by striking out the words "to a bona fide citizen eight dollars" in line seven of said section; also, by striking out the word sixteen in the eighth line of said section 3 and inserting the words "twenty-five."

Further

SECTION 2. Add to the said Chapter 68, of the Revised amended. Code, the following section as Section six: That any person, firm or corporation who shall neglect to take out any license required by the laws of this State for the period of ninety days after the time prescribed by law for taking out the same shall forfeit and pay to the Clerk of the Peace, issuing the same, for the use of the State, in addition to the amount already required by law for such license, a further sum equal to twenty-five per centum of the amount required for such license as aforesaid.

Passed at Dover, April 21, 1887.

TITLE NINTH.
Of Corporations.

CHAPTER 143.

OF BANKS,

AN ACT to amend the act entitled "An Act to renew the act to incorporate the Artisans' Savings Bank and the acts Supplementary thereto and to amend the same.

SECTION 1. Be it enacted by the Senate and House of Rep resentatives of the State of Delaware in General Assembly, met, (two-thirds of each branch concurring:)

Chapter 450

Laws of

That section 3, of chapter 450, of the 16th volume of the Sec. 3. Laws of Delaware, entitled "An Act to renew the act to yol 16. incorporate the Artisans' Savings Bank and the acts supple- beware mentary thereto, and to amend the same," passed at Dover, amended. February 15th, 1881, be and the same is hereby amended by inserting in the fourth line of said section after the word "depositors" and before the word "and," the words following, to wit: "And that it shall and may be lawful for the said bank to receive moneys of the amount of five hundred dollars, and sums exceeding that amount upon special deposit at such rate of interest as may be agreed upon between the depositor and the Board of Managers not exceeding the semi-annual rate of dividend at the time of such deposit."

repealed.

SECTION 2. That all parts of said act inconsistent with Inconsisthis act be and the same are hereby repealed, and that this tent acts act shall be deemed and taken to be a public act, and the power to alter and revoke the same is hereby reserved to the Legislature.

Passed at Dover, April 14, 1887.

OF INSURANCE COMPANIES.

Charter of ty Mutual

CHAPTER 144.

OF INSURANCE COMPANIES.

AN ACT to amend the charter of the Kent County Mutual Insurance
Company.

SECTION I. Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met, (two-thirds of each branch of the Legislature concurring): That the charter of the Kent County Mutual Insurance Kent Coun- Company as now existing by virtue of several acts of the Insurance General Assembly, which together constitute the said charter, Company be and the same is hereby amended by inserting in the second amended. section thereof after the word "fire" therein occurring, the following words "or by lightning, whether the same be thereby set on fire or not," and also by inserting in the ninth section thereof after the word "fire" therein occurring these words "or lightning," and also by inserting in the tenth section thereof after the word "fire" therein occurring these words or lightning."

May enter

other companies.

SECTION 2. And be it further enacted, That it shall and into agree may be lawful for the said "The Kent County Mutual Insurment with ance Company" to make and enter into any covenant or agreement with any other insurance company whereby to protect, indemnify and re-imburse itself, in whole or in part, for or against any loss or damage incurred or arising by reason of its liabilities on any policy of insurance now issued or to be issued by it.

Passed at Dover, March 1, 1887.

« PreviousContinue »