State and county auditors to report irregular

ities in accounts

[House Bill No. 121.]

CHAPTER 20.

An Act concerning the Duties of State and County Auditors.
Be it enacted by the Senate and House of Representatives in
General Assembly convened:

SECTION 1. The auditors of public accounts or the county auditors for any county shall make report to the governor of to the governor. any irregularity discovered by them in the accounts of any office, commission, or institution the accounts of which it is their duty to audit and examine, within ten days after the discovery of such irregularity.

Penalty.

SEC. 2. Any state or county auditor neglecting to make the report required by section one of this act shall be fined not more than one hundred dollars, or imprisoned not more than six months, or both.

Approved, April 4, 1911.

missioner author

ized to the affairs of in

thereof.

[Senate Bill No. 228.]

CHAPTER 21.

An Act concerning the Examination of Certain Corporations
by the Insurance Commissioner.

Be it enacted by the Senate and House of Representatives in
General Assembly convened:

Insurance com- SECTION 1. The insurance commissioner shall, as often
examine as he deems it expedient, examine into the affairs of any in-
surance companies surance corporation doing business in this state, and into
and make a report the affairs of any corporation organized under any law of
this state or having an office in this state, which corporation
is engaged in, or claiming or advertising that it is engaged
in, organizing, or receiving subscriptions for or disposing
of stock of, or in any manner aiding or taking part in the
formation or business of, an insurance corporation or corpora-
tions, or which is holding the capital stock of one or more
insurance corporations for the purpose of controlling the
management thereof, as voting trustees or otherwise.
such purpose he may appoint, as examiners, one or more
competent persons, not officers of or connected with or inter-
ested in any insurance corporation, other than as policy-

For

holders; and upon such examination he, his actuary, or any
examiner authorized by him, may examine, under oath, the
officers and agents of such corporation, and all persons deemed
to have material information regarding such corporation's
property or business. Every such corporation, its officers
and agents, shall produce the books and papers, in its or
their possession, relating to its business or affairs, and any
other person may be required to produce any book or paper,
in his custody, deemed to be relevant to such examination,
for the inspection of the insurance commissioner, his actuary
or examiners, when required; and the officers and agents of
such corporation shall facilitate such examination, and aid
the examiners in making the same so far as it is in their
power to do so. Every such examiner shall make a full and
true report of every examination made by him, which shall
comprise only facts appearing upon the books, papers, rec-
ords, or documents of such corporation or ascertained from
the sworn testimony of its officers or agents or of other per-
sons examined under oath concerning its affairs; and said
report shall be presumptive evidence in any action or pro-
ceeding in the name of the state against such corporation,
its officers or agents, of the facts stated therein. The insurance
commissioner shall grant a hearing to the corporation exam-
ined, before filing any such report, and may withhold any
such report from public inspection for such time as he may
deem proper; and he may, if he deem it for the interest of the
public to do so, publish any such report, or the result of any
such examination as contained therein, in one or more news-
papers of the state. All the expenses of any examination
made under authority of this section shall be paid by the cor-
poration examined.

SEC. 2. This act shall take effect from its passage.
Approved, April 4, 1911.

[Senate Bill No. 232.]

CHAPTER 22.

An Act amending an Act concerning Limitation of Risks of
Fire Insurance Companies.

Be it enacted by the Senate and House of Representatives in

General Assembly convened:

risks by fire innies doing bus

Section 3500 of the general statutes is hereby amended Limitation as to by adding at the end thereof the words "but in determining surance compathe amount of said risk no portion thereof which shall have iness in this been reinsured in any corporation or corporations authorized state.

Investment brok

ers to file an

tax commissioner

uary.

to do insurance business in this state shall be included", so that said section as amended shall read as follows: No fire insurance company doing business in this state shall expose itself to loss on any one risk to an amount exceeding ten per cent. of its paid-up capital and surplus, but in determining the amount of said risk no portion thereof which shall have been reinsured in any corporation or corporations authorized to do insurance business in this state shall be included.

Approved, April 4, 1911.

[House Bill No. 627.]

CHAPTER 23.

An Act amending an Act concerning Taxation of Investment

Brokers.

Be it enacted by the Senate and House of Representatives in
General Assembly convened:

Section 2461 of the general statutes, as amended by section nual reports, with two of chapter 60 of the public acts of 1909, is hereby amended within the font by striking out in the second line thereof the word ten days of Jan- "month" and inserting in lieu thereof the words "first ten days", so that said section as amended shall read as follows: Every such investment broker shall annually, within the first ten days of January, make a return to the tax commissioner of the state, under oath, showing the aggregate amount of all choses in action as defined in section 2459, sold or negotiated by him in this state during the year preceding the first day of said January and which were secured by mortgage on real estate situated in any other state or territory, or by pledges of such mortgages, and the amount of said bonds which before said sale or negotiation had been made exempt from taxation under the provisions of section 2325. Such broker shall annually, on or before the twentieth day of February, pay to the state a sum equal to one per centum on the aggregate amount of all such choses in action so sold or negotiated by him in this state during said year preceding the first day of January, deducting therefrom the amount of said bonds, which, before the sale thereof by said broker, had been made exempt from taxation under the provisions of section 2325, but said broker shall not be required to include in his return, nor to pay any tax upon, any such choses in action which during said year he has sold while acting as an officer or agent of any corporation which has complied with the provisions of sections 2457 and 2458.

Approved, April 6, 1911.

[House Bill No. 176.]

CHAPTER 24.

An Act amending an Act concerning the Duties of Sealers of Weights and Measures.

Be it enacted by the Senate and House of Representatives in
General Assembly convened:

of sealers of

measures.

Section 4879 of the general statutes is hereby amended by Duties and fees adding at the end thereof the words "The board of selectmen weights and of any town may fix the fees of any sealer of weights and measures, appointed by such board, for the performance of the duties herein prescribed, which fees shall be paid to said sealer of weights and measures by the user of such weights and measures so tried and stamped or destroyed, and said sealer of weights and measures may recover such fees from such user, with costs, in a civil action therefor", so that said section as amended shall read as follows: The sealer of weights and measures in each town shall have the custody of its weights and measures. He shall annually try, by the town standards, the weights and measures used by every person in such town; destroy such as cannot be made to correspond with the standard; and stamp such as are found or made true with the capital initial letter or letters of the name of the town. The board of selectmen of any town may fix the fees of any sealer of weights and measures, appointed by such board, for the performance of the duties herein prescribed, which fees shall be paid to said sealer of weights and measures by the user of such weights and measures so tried and stamped or destroyed, and said sealer of weights and measures may recover such fees from such user, with costs, in a civil action therefor.

Approved, April 6, 1911.

Requirements of foreign surety

[Senate Bill No. 238.]

CHAPTER 25.

An Act amending an Act concerning Rights of Foreign
Surety Companies.

Be it enacted by the Senate and House of Representatives in
General Assembly convened:

transact business, in the state.

SECTION 1. Section 3640 of the general statutes is hereby companies to amended by striking out, in the second line thereof, the words "any state of the United States other than this state" and inserting in lieu thereof the words "any other state of the United States or under the laws of any foreign country", so that said section as amended shall read as follows: Any company incorporated and organized under the laws of any other state of the United States or under the laws of any foreign country for the purpose of transacting business as surety on obligations of persons or corporations may transact such business in this state upon complying with the provisions of this chapter, and not otherwise.

SEC. 2. This act shall take effect from its passage.
Approved, April 6, 1911.

Towns employing

teachers may vote

for the appoint

intendent of

schools.

[Substitute for House Bill No. 59.]

CHAPTER 26.

An Act concerning Supervision of Schools.

Be it enacted by the Senate and House of Representatives in
General Assembly convened:

Any town employing more than twenty teachers and in more than twenty which there is no superintendent of schools or supervising ment of a super. agent, approved or appointed by the state board of education in accordance with the provisions of chapter 225 of the public acts of 1909, may, at any annual or biennial town meeting, upon giving due notice thereof in the warning for said meeting, vote by ballot to determine whether said town will instruct its school visitors, town school committee, or board of education to choose a superintendent of schools or request the appointment of a supervising agent under the provisions of said chapter 225 of the public acts of 1909.

Approved, April 6, 1911.