policies according to the basis and minimum standards herein prescribed or authorized, it shall be the duty of the Insurance Superintendent to give notice to such company and its agents to discontinue issuing new policies within this State until such time as its funds have become equal to its liabilities, valuing its policies as aforesaid. Any officer or agent who, after such notice has been given, issues or delivers a new policy from and on behalf of such company before its funds have become equal to its liabilities as aforesaid, shall forfeit for each offense a sum not exceeding $1,000.00.

The Insurance Superintendent shall annually make valuations of all outstanding policies, additions thereto, unpaid dividends and all other obligations of every life insurance corporation doing business in this State. All valuations made by him, or by his authority, shall be made upon the net premium basis. The legal minimum standard for valuation. of contracts issued before the first day of January, 1908, shall be the Actuaries' or Combined Experience Table of Mortality with interest at 4 per centum per annum, and for valuation of contracts issued on or after said date shall be the American Experience Table of Mortality with interest at 32 per centum per annum. The superintendent may vary the standards of interest and mortality in the case of corporations from foreign countries as to contracts issued by such corporations in other countries than the United States, and in particular cases of invalid lives and other extra hazards; and value policies in groups, use approximate averages for fractions of a year and otherwise, and accept the valuation of the department of insurance of any other state or country if made upon the basis, and according to standards not lower than herein required or authorized, in place of the valuation herein. required.

Policies issued by companies doing business in this State may provide for not more than one year preliminary term insurance by incorporating in the provision thereof specifying the premium consideration to be received, a clause plainly showing that the first year's insurance under such policies is term insurance, purchased by the whole or a part of the premium to be received during the first policy year.

If the premium charged for term insurance under a limited payment life preliminary term policy providing for the payment of all premiums thereon in less than 20 years from the date of the policy or under an endowment preliminary term policy, exceeds that charged for like insurance under 20 payment life preliminary term policies of the same company, the reserve thereon at the end of any year, including first, shall not be less than the reserve on a 20 payment life preliminary term policy issued in the same year and at the same age, together with an amount which shall be equivalent to the accumulation of a net level premium sufficient to provide for a pure endowment at the end of the premium-payment period equal to the difference between the value at the end of such period of such a 20 payment life preliminary term policy and the full reserve at such time of such a limited-payment life or endowment policy.

§ 2. All laws and parts of laws in conflict herewith are hereby repealed.

83. This Act shall not apply to corporations or associations operating on the assessment or fraternal plan.

(HOUSE BILL NO. 382. APPROVED JUNE 3, 1907.)

AN ACT to amend an Act entitled "An Act to provide for the forma tion and disbursement of a public library employés pension fund in cities having exceeding 100,000 inhabitants," approved May 12, 1905, and in force July 1, 1905.

SECTION I. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That sections 8, 9 and 9% of an Act entitled "An Act to provide for the formation and disbursement of a public library employés' pension fund in cities having a population exceeding 100,000 inhabitants," approved May 12, 1905, and in force July 1, 1905, be and the same are hereby amended so as to read as follows:

§ 8. Upon the death of any contributor who is not nor has been a beneficiary under this Act, the said board of trustees may pay an amount not exceeding one year's benefit to the widow or to the next of kin of such deceased contributor.

§ 9. Any person who has been an employé of said public library board for a period of twenty years or more, and is a contributor to said fund, may retire from the service of said public library board upon sixty days' notice to be given to said board of trustees (unless such notice is waived by said board of trustees), and become an annuitant under this Act: Provided, such person shall have contributed to said fund for a period of not less than five years, or shall have paid into said fund, at the time of becoming an applicant for retirement, the equivalent of five years' contributions thereto.

892. Every person who is in the employ of the board of directors. of such library when this law goes into effect and who intends to become a beneficiary of the pension fund created thereby shall, on or before the fifteenth day of November succeeding the election of said board of trustees, file a statement of such intent with said board upon blanks prepared for that purpose. Every person who enters the service of the board of directors of such library after this law has taken effect and who intends to become a beneficiary under this Act, shall within six months after such entry file a statement of such intent with

said board of trustees upon blanks prepared for that purpose: Provided, any person in the employ of the board of directors of such library who may have failed or neglected to file, within the specified time, said intention to become a beneficiary under this Act may do so at any time within three years by paying into said pension fund an amount equivalent to the contributions which would have been paid to that date had the person become a contributor at the time the law became effecive or at the date of his entry into the service of the board of directors of such library.

APPROVED June 3, 1907.

PROMOTION OF HISTORICAL RESEARCH.

1. Counties, cities, etc., may make ap- § 2. Printing and sale of publications propriations for historic research authorized.

and publications.

AN ACT to provide for the promotion of historical research in the several counties of the State.

SECTION I. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That the several counties, cities, towns and villages in this State acting through their constituted authorities, shall have power to encourage and promote historical research within their respective jurisdictions by making reasonable appropriations for the publication of the proceedings of and such papers and other documents of historic interest as may be furnished by any historic or other society engaged in historic research, and for ascertaining and marking the location of ancient forts, villages, missions, military encampments, habitations of aborigines and other places of historic interest, and to provide for the manner in which and the purposes for which such appropriations shall be expended.

The authorities of such counties, cities, towns and villages having so undertaken the publication of the proceedings, papers and documents mentioned in the first section of this Act shall have the power to cause the same to be printed or published in book or pamphlet form and to provide for the sale thereof at such prices as in their judgment will reimburse the cost of publication.

(HOUSE BILL No. 226. APPROVED MAY 25, 1907.)

AN ACT to amend an Act entitled, "An Act to provide for the better preservation of official documents and records of historical interest," approved June 9, 1897, in force July 1, 1897.

SECTION I. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That an Act entitled, "An Act

to provide for the better preservation of official documents and records of historical interest," approved June 9. 1897, in force July 1, 1897, be and the same is hereby amended so as to read as follows:

§ 1. The board of supervisors or board of county commissioners, as the case may be, of every county, and the city council or board of trustees of every city, town or village in this State may, by order or resolution, authorize and direct to be transferred to the Illinois State Historical Society, the Illinois State Historical Library or to the State University Library at Urbana, Illinois, or to any historical society duly incorporated and located within their respective counties, such official papers, drawings, maps, writing and records of every description as may be deemed of historic interest or value, and as may be in the custody of any officer of such county, city, town or village. Accurate copies of the same when so transferred shall be substituted for the original when in the judgment of such county board, city council or board of trustees the same may be deemed necessary.

§ 2. It shall be the duty of the officer or officers having the custody of such papers, drawings, maps, writings and records to permit search to be made at all reasonable hours and under their supervision for such as may be deemed of historic interest, and whenever so directed by the board of supervisors or county board, city council or board of trustees of such county, city, town or village in the manner prescribed in the foregoing section to deliver the same to the trustees, directors or librarian or other officer of the library or society designated by said board of supervisors or county board, city council or board of trustees, as the case may be.

§ 3. The board of supervisors, county board, city council and board of trustees of the several counties, cities, towns and villages in this State shall have the power to make reasonable appropriations from their respective revenues for the purpose of carrying the provisions of this Act into effect.

AN ACT to protect horse-shoers and to subject the animals shod by them to a lien for the cost of shoeing the same.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That every person who at the

request of the owner or his authorized agent shall shoe or cause to be shod, by his employés any horse, mule, ox or other animal shall have a lien upon the animal shod for his reasonable charge for shoeing the same, and each lien conferred by this Act shall take the precedence of all other liens or claims thereon not duly recorded prior to recording claim of lien as hereinafter provided; but such lien shall not attach where the property has changed ownership prior to the filing of such lien.

2. Any person desiring to secure the benefits of this Act shall within six months after the shoeing of such horse, mule, ox or other animal, file with the recorder of deeds in the county in which such animal is, a claim for lien in writing and under oath, setting forth therein his intetion to claim a lien upon such animal for his charges for shoeing the same.

§ 3. Such claim for lien shall state the name and residence of the person claiming the lien, the name of the owner, or reputed owner, of the animal sought to be charged with the lien and a description sufficient for identification of the animal upon which the lien is claimed and the amount due the claimant as near as may be over and above all legal setoffs. The claim for lien with the recorder of deeds, under the foregoing sections, shall expire and become void and of no effect, if suit is not brought to foreclose the same within three days after filing claim therefor.

§ 4. It shall be the duty of the recorder of deeds upon presentation to him, of any such claim for lien to file the same in his office, in the same manner as provided by law for the filing and recording of chattel mortgages, and he shall be entitled to charge and receive from the person filing such claim for a lien, a fee of twenty-five cents and no

more.

5. The original or a copy of such claim for lien filed as aforesaid, certified by the recorder of deeds, shall be received in evidence, in any proceeding taken to foreclose the lien herein provided for but only for the fact that such claim for lien was received and filed according to the endorsements of the recorder of deeds thereon and for no other fact.

§ 6. The person claiming such lien may commence suit to foreclose the same by summons in the usual form before any justice of the peace of the township or before any municipal court of the city in which the animal shod may be found. Such suit shall be against the person liable for the payment of the charges made by the claimant for the services rendered.

§ 7. If such summons be returned personally served upon the defendant, the same proceedings shall thereupon be had in all respects. as in other suits commenced by summons in which there is a personal service of process, and judgment shall be rendered in such suit in like

manner.

8. If the officer returns such summons that the defendant can not be found in his county, the same proceedings shall thereupon be had in all respects as near as may be, as in suits commenced by attach