Insurance

may be ex

tax on

premiums.

SEC. 7. Any insurance company, or association, not incorpocompanies rated under the laws of this State, may be exempted from the empted from payment of the annual tax upon premiums, as provided in section one of this Act; provided, that on the first day of August in each year, the agent or agents of such company or associaConditions. tion shall satisfy the Controller, by affidavit, or other proofs, that the said company or association has invested in this State the sum of at least fifty thousand dollars in the bonds of this State, or of the City, or City and County, of San Francisco, or in real estate, or in first mortgages upon productive city property, worth double the amount loaned thereon, and that the said sum has been so invested for at least one year anterior to the first day of July last preceding; that the said investment was made and is continued in the name of said company or association, or of the agent thereof; that it is liable to assessment for the purposes of taxation in this State, and has actually paid all taxes levied upon it by the laws of this State for the year preceding the application; and that the same is, and always has been, since the date of the investment, free from pledge or mortgage, and available to pay losses, or to reinsure outstanding risks on policies issued by such company or association to citizens of this State. And whenever the Controller shall be satisfied that the conditions of this section have been complied with in good faith, he shall thereupon issue to the applicant his certificate to that effect, which shall be a full and complete discharge from all liability on the part of the agent or company, for the taxes upon premiums imposed in section one of this Act.

Duty of
Controller.

License tax

SEC. 8. There shall be levied upon and collected from each person, firm, officer, or agent, collecting premiums of insurance in this State, in any manner or in any capacity whatsoever, on either fire, life, marine, or inland risks, for or on account of any company, association, corporation, or individual, a license tax of twenty-five dollars per quarter year, payable quarterly, in advance, to the Collector of license taxes under the revenue laws of this State; such Collector shall account for and pay over the same, at the times and in the manner provided by law for the payment of other State and county licenses. The Treasurer of the county, or city and county, shall pay into the State Treasury all moneys collected under the provisions of this Act, at the same time and in the same manner as other moneys belonging to the State are required to be paid.

SEC. 9. This Act shall take effect from and after its passage.

CHAP. CCXXVIII.-An Act to amend an Act entitled an Act in relation to Trial Jurors, in the Court of Sessions, and County Courts, of certain counties in this State, approved April sixth, eighteen hundred and fifty-nine.

[Approved April 15, 1862.]

The People of the State of California, represented in Senate and
Assembly, do enact as follows:

SECTION 1. The Trial Jury summoned for the Court of Ses- Counties sions in the Counties of Placer, San Mateo, San Luis Obispo, affected. Del Norte, Sonoma, Mendocino, Marin, and Lake, shall be the Trial Jury for the County Courts of said counties; provided, that nothing contained herein shall be held to entitle any juror to receive pay out of the County Treasury of said county, for more than services in one Court, less the amount he may have received at such term as fees paid by parties in civil or criminal

cases.

SEC. 2. This Act shall be in force from and after its passage.

CHAP. CCXXIX.-An Act supplemental to an Act concerning Public Ferries and Toll Bridges, passed April twenty-eighth, one thousand eight hundred and fifty-five, and the several Acts amendatory thereof and supplemental thereto.

[Approved April 15, 1862.]

The People of the State of California, represented in Senate and
Assembly, do enact as follows:

Supervisors

SECTION 1. The Board of Supervisors of each county of this Powers of State shall have the power to grant a license to construct a toll Board of bridge across any unnavigable stream in their county, and for using and maintaining such bridge for a period not exceeding ten years; and said Board shall have the power to prescribe the rates of toll, and change the same from year to year, as in their discretion may seem proper; but shall not fix them so low as to make the net income less than fifteen per cent. per annum upon a fair valuation of such bridge. The Board shall have the power to authorize and maintain fords across any stream so bridged, as near to any such toll bridge, as, in the discretion of the Board, the public convenience may require. All the provisions of the Act to which this is supplemental, except that which limits to one year the terms for which a license may be granted for a toll bridge, shall apply to all grants made under this Act. Said valuation, in case of a disagreement as to the amount of the same, shall be determined by three Commissioners, one of whom shall be chosen by the Board of Supervisors, one by the owners of said bridge, and the third to be selected by the two thus chosen.

SEC. 2. This Act shall take effect from and after its passage.

Governor

to appoint Inspectors

CHAP. CCXXX.-An Act to provide Revenue for the Support of the
Government of this State, from a Tax upon Foreign and Inland
Bills, Passengers, Insurance Companies, and other matters.

[Approved April 15, 1862.]

The People of the State of California, represented in Senate and
Assembly, do enact as follows:

SECTION 1. The Governor, by and with the advice and consent of the Senate, shall appoint two Inspectors of Stamps, to of Stamps. reside at the City of San Francisco, to continue in office for two years, or until their successors are qualified; who shall be entitled to receive as compensation for their services, the sum of one hundred dollars each, per month, and each of the Stamp Inspectors, in addition to his salary, may receive three per cent. upon any amount received by the State Treasurer for stamp duties exceeding twenty-five thousand dollars for each Per contage quarter of a year; provided, the salary and per centage shall not exceed two hundred and fifty dollars each, per month.

Salary.

Duties of

Inspectors.

Same.

Duties of

etc.

SEC. 2. The Stamp Inspectors shall devote their time to an examination of stamps issued, and the Stamp Inspectors, or one of them, shall, on the sailing of any steamer or vessel from the port of San Francisco to any port without the limits of this State, be on board such steamer or vessel, and examine the tickets, contracts, or memoranda, for passage, held by the passengers, or issued to them, to see that such tickets, contract, or memoranda, for passage, are stamped according to law; also, to inspect the records of policies of insurance of all persons or companies collecting premiums in the City of San Francisco. Said Stamp Inspectors shall cause all stamps, inspected by them, and all stamps once used, to be marked, by writing or stamping upon them with ink the date when the instrument to which they are affixed shall expire, or otherwise, so that they cannot again be used; and shall perform such other duties as may be required of them by the "Commissioners of Stamps."

SEC. 3. The Agent, Shipper, Captain, Purser, or any other shipmasters, person authorized to issue tickets, contracts, or memoranda, for passage, shall, on the application of either of the Stamp Inspectors, exhibit to him the original and correct list of all tickets, contracts, or memoranda, for passage, issued for passengers in any vessel or steamer about to leave the port of San Francisco for any port without the limits of this State; and passengers on such vessels or steamers shall, on application of either of the Inspectors, exhibit to him their tickets, contract, or memoranda, for passage; and in case no ticket, contract, or memorandum, for passage, has been issued to passengers on board such vessel or Of Inspectors steamer, then the Inspector shall ascertain the number of first

cabin, second cabin, and steerage, passengers, on board, and the Captain or Purser of any steamer or vessel shall, before such steamer or vessel leave the wharf in the harbor of San Francisco, outward bound, pay over, to the Inspector demanding it, the sum of six dollars for each first cabin passenger, four dollars for each second cabin passenger, and two dollars for each steerage passenger, on board, or having taken passage on

insurance

insurers.

such steamer or vessel, giving a receipt therefor, and taking a duplicate, countersigned by said person authorized to receive the same; and the Inspector shall pay over the amount so collected, monthly, to the State Treasurer, and file a sworn statement, with said countersigned receipt, at the same time, with the Controller of State, showing the number and class of passengers upon which such duties have been collected. All insurers and Duties of insurance companies, or the agents thereof, collecting premiums officers. at San Francisco, on the application of either of the Stamp Inspectors, shall exhibit to him their records of policies, or certificates, issued, and their books, showing the amount of their business, and the names of parties insured by them. All persons en- Who deemed gaged in the collection of premiums from citizens of this State, whether by the issuance of policies or certificates of insurance, or by the indorsement of risks upon open policies, issued by the insurers or insurance companies, shall be deemed to be insurance agents, for the purposes of this Act; and the amount of stamp tax to be paid by such agents shall be ascertained by applying the rates of duty established by law to the whole sum insured by such agents, to be ascertained by the Inspectors from the books of the agency. Any receipt for the payment of a premium of insurance, when no policy or certificate has been issued, shall be deemed a policy, for the purposes of this Act, and shall be stamped as aforesaid. But no policy, certificate, Reinsurance or entry of reinsurance, made by one company or individual when stamp for another, when the original insurance has paid stamp duty, been paid. as herein before provided, shall be liable to the operations of this Act. All bankers and others engaged in issuing certificates of deposit, or letters of credit, or in selling exchange, shall, on the application of the Stamp Inspector, or either of them, exhibit to them their books and records of drafts, certificates of deposit, and letters of credit, issued from time to time; also their account of stamps purchased and disposed of. Any person or Penalty for persons refusing to comply with the provisions of this law, shall violation be deemed guilty of a misdemeanor, and shall be fined, upon conviction thereof before any Court of competent jurisdiction, for each offence a sum of not less than two hundred dollars nor more than one thousand dollars, the amount recovered to be paid into the State Treasury.

duty has

of Act.

tion.

SEC. 4. The sum of three thousand dollars is hereby appro- Appropriapriated and set apart from the General Fund, for the payment of the salaries of the Stamp Inspectors, and for enforcing this law; and in case the receipts from stamp duties exceed twentyfive thousand dollars per quarter of a year, the State Controller Duty of is hereby authorized, on the expiration of each quarter of a Controller. year, to ascertain the amount of excess, if any, and allow the Stamp Inspectors three per cent. each thereon, and thereupon to draw his warrant, for such amount as may be found due them, on the General Fund; provided, the whole amount shall not ex- Proviso. ceed the sum of two hundred and fifty dollars each per month, as specified in section one.

SEC. 5. Before entering upon the discharge of their duties, Bonds of each Stamp Inspector shall file with the State Treasurer a bond, Inspectors.

Oath.

to the State of California, with sufficient sureties, to be approved by the Governor, in the sum of ten thousand dollars.

SEC. 6. The Stamp Inspectors hereby created are authorized to administer such oaths as may be necessary to compel obedience to the provisions of this Act.

SEC. 7. This Act shall take effect from and after its passage.

Duty of Treasurer of State.

Bond of indemnity.

CHAP. CCXXXI.—An Act to authorize the issuance of a certain
Duplicate Bond to Iredell M. Hart.

[Approved April 15, 1862.]

The People of the State of California, represented in Senate and
Assembly, do enact as follows:

SECTION 1. The Treasurer of State is hereby authorized and required to issue to Iredell M. Hart, of the County of Siskiyou, State of California, a duplicate of Bond Number One Hundred and Nineteen, of the bonds issued under Act of the Legislature, entitled an Act authorizing the Treasurer of State to issue Bonds for the Payment of Expenses incurred in the Suppression of Indian Hostilities in certain counties in this State, approved April twenty-fifth, one thousand eight hundred and fifty-seven, said bond being for the sum of two hundred dollars; provided, that before the issuance of said duplicate bond, the said Iredell M. Hart shall file with the State Treasurer a bond of indemnity, in the sum of one thousand dollars, to be approved by said Treasurer, conditioned, that in the event of the original bond, Number One Hundred and Nineteen, being presented to the State authorities for payment, then said one thousand dollars shall be paid to the State of California.

SEC. 2. This Act shall take effect and be in force from and after its passage.

To appropriate, etc.

CHAP. CCXXXII.-An Act to authorize the Board of Supervisors of San Joaquin County to appropriate Money.

[Approved April 15, 1862.]

The People of the State of California, represented in Senate and
Assembly, do enact as follows :

SECTION 1. The Board of Supervisors of the County of San Joaquin are hereby authorized and empowered to appropriate any sum of money, not exceeding one thousand dollars, from the County Treasury of said county, for the purpose of paying premiums awarded by the San Joaquin Valley Agricultural Society, to be held in Stockton, in September, A. D. eighteen hundred and sixty-two.