Board of examiners compensation, how paid. Proviso. Further proviso. Expense. than thirteen hundred and fifty dollars where there are one hundred and fifty schoolrooms; not less than fifteen hundred dollars per annum where there are one hundred and seventyfive schoolrooms; not less than two thousand dollars per annum where there are over three hundred schoolrooms; in estimating the number of schoolrooms in any county graded schools operating under a general charter shall be included. Each member of the board of school examiners, other than the county commissioner, shall receive four dollars for each day actually employed in the duties of his office. The compensation of any clerk when appointed as provided in this act shall be determined by the county commissioner. The compensation of members of the county board of school examiners and of any clerk appointed by the county commissioner shall be paid monthly from the county treasury upon such examiner or clerk filing with the county clerk a certified statement of his or her account, which shall give in separate items the nature and amount of the service for which compensation is claimed. The compensation of the county commissioner shall be paid monthly from the county treasury: Provided, That in no case shall the county commissioner receive any order for compensation from the county clerk until he has filed a certified statement from the Superintendent of Public Instruction that all reports required of the county commissioner have been properly made and filed with said superintendent: Provided further, That no county commissioner shall receive an order for compensation until he shall have filed with the county clerk a detailed statement under oath showing what schools have been visited by him during the preceding month and what amount of time was employed in each school, naming the township and school district. The necessary and all contingent expenses for printing, postage, stationery, record books, grading registers, telephone rental, rent of rooms for public examination, teachers' or school officers' meeting, shall be audited and allowed by the board of supervisors, or the board of county auditors. Approved April 26, 1911. [No. 145.] AN ACT to amend section forty-two of act number one hundred thirty-six of the laws of eighteen hundred sixty-nine, as amended, entitled "An act relative to the organization and powers of fire and marine insurance companies transacting business within this State," said section being section seven thousand two hundred sixty-three of the Compiled Laws of eighteen hundred ninety-seven. The People of the State of Michigan enact: amended. SECTION 1. Section forty-two of act number one hundred Section thirty-six of the laws of eighteen hundred sixty-nine, as amended, entitled "An act relative to the organization and powers of fire and marine insurance companies transacting business within this State," said section being section seven thousand two hundred sixty-three of the Compiled Laws of eighteen hundred ninety-seven, is hereby amended to read as follows: surance SEC. 42. Any mutual insurance company organized under Mutual inthe laws of any other state in the United States, possessed of companies. not less than two hundred thousand dollars in premium notes (face value) of solvent parties, and not less than ten thousand dollars, either of cash on deposit, or securities immediately convertible into cash for that amount, which would or shall limit its business to the class of risks hereinafter named, may be admitted to take risks upon mills, factories, and their accessories, such as elevators, warehouses, lumber Risks, class of. yards, stores, and other property forming a part of such manufacturing property, and transact such business in this State; and any mutual insurance company organized under the laws of any other state in the United States, possessed of not less than one hundred thousand dollars in premium notes (face value) of solvent parties, and not less than ten thousand dollars, either of cash on deposit, or securities immediately convertible into cash for that amount, which would or shall limit its business to the class of risks hereinafter named, may be admitted to take risks upon buildings occupied as retail implement or hardware stores or warehouses, Implement and on the stocks therein contained, which stocks so insured surance on. may include such goods and merchandise as are usually kept for sale by retail hardware or implement dealers, on complying with the provisions of the act of which this act is amendatory, as to fire insurance companies, so far as the same may be applicable to mutual fire insurance companies, and compliance with the provisions of this act within the six months next succeeding its going into effect, by any company, shall be deemed to relieve the companies so complying, from all penalties or disabilities imposed or sought to be imposed, by section six of an act, entitled "An act to prevent the stores, in Proviso. Further proviso. Solvency. Notes, first lien.. soliciting or issuing of unauthorized fire or inland marine insurance policies in this State," and approved May twelve, eighteen hundred eighty-one, or under any other statutes of this State, except as herein otherwise provided: Provided, however, That no such company shall be admitted until it has paid into the office of the State Treasurer, a specific tax of three per cent on the gross amount of all cash premiums received by it, for insurance on property situated in this State, prior to the time when this act takes effect: And provided further, That no insurance company which has violated the provisions of said act, shall be admitted until it has paid into the office of the State Treasurer a penalty of two hundred and fifty dollars. The term premium as used in this section, for the purpose of taxation, shall be construed to mean all moneys either heretofore or hereafter received by any insurance company, whether as original payments, or by way of subsequent assessments on premium note and no other moneys. Before being admitted to do business under the provisions of this section, each of said mutual insurance companies shall furnish to the Commissioner of Insurance, a schedule of the notes held by it, no one of which shall exceed the sum of five thousand dollars, and each yearly statement shall contain a similar schedule. The solvency of which notes shall be subject to the approval of said commissioner, who may revoke the authority of any company to do business in this State, at any time when a reduction of fifteen per cent has been made in its notes, or assets required by this section. The notes required by this section, shall be liable to assessment by any of said companies for any of its losses, and shall constitute a first lien on the insured property. Mutual companies shall not reinsure any risk, except by consent of the insured, and detailed statements of all reinsurances by such companies shall be included in the annual statements filed in the insurance bureau by them. Approved April 26, 1911. [No. 146.] AN ACT to amend section thirteen of act number one hundred forty-seven of the public acts of eighteen hundred ninetyone, entitled "An act to provide for the election of a county commissioner of schools, for the appointment of school examiners, to define the duties and fix the compensation for the same, and to repeal all existing acts or parts of acts conflicting with the provisions of this act," being section four thousand eight hundred twenty of the Compiled Laws of eighteen hundred ninety-seven, as amended by act number ninety-nine of the public acts of nineteen hundred one. The People of the State of Michigan enact: SECTION 1. Section thirteen of act number one hundred Section amended. forty-seven of the public acts of eighteen hundred ninety-one, entitled "An act to provide for the election of a county commissioner of schools, for the appointment of school examiners, to define the duties and fix the compensation for the same, and to repeal all existing acts or parts of acts conflicting with the provisions of this act," being section four thousand eight hundred twenty of the Compiled Laws of eighteen hundred ninety-seven, as amended by act number ninety-nine of the public acts of nineteen hundred one, is hereby amended to read as follows: of. SEC. 13. The officers of every school district, except as Teachers, hereinafter provided, which is, or shall hereafter be, organized employment in whole or in part in any city or village in this State, which is incorporated under the general laws or by special enactment, in which enactment special provisions exist in regard to licensing teachers, shall employ only such teachers as are legally qualified under the preceding sections of this act: Provided, That in incorporated cities employing a principal Proviso. of the high school and also a superintendent of schools who gives not less than one-third of his or her time to school supervision, the superintendent of schools and the board of edu cation or a committee thereof shall be empowered to examine their teachers and grant certificates to such as are not already legally qualified, at such times and in such form as the Superintendent of Public Instruction shall prescribe: Provided further, That no teacher shall be licensed to teach in any school or schools of this State by any officer, board or other authority, including every school or school district, regardless of whether existing or created under general or special law, unless the license or certificate is granted at such times and in accordance with such terms and conditions as shall be prescribed by the Superintendent of Public Instruction: Provided further, That cities having a special and Further thoroughly equipped normal training department, under con- proviso. trol of a special training teacher, such school having a course Proviso. of not less than one year, shall be exempt from the provisions of this section as to the examination of teachers. Any board of education that shall violate the provisions of this act by employing a teacher who is not legally qualified, shall forfeit such a proportion of the primary school interest fund as the number of unqualified teachers employed bears to the whole number of teachers employed in the district. All school districts organized by special enactments shall, through their proper officers, make such reports as the Superintendent of Public Instruction may require. Approved April 26, 1911. Section amended. Reinsurance reserve. Proviso. Further proviso. Further proviso. [No. 147.] AN ACT to amend section one of act number one hundred forty-nine of the public acts of eighteen hundred seventythree, entitled "An act to define and establish a reinsurance reserve for fire and marine insurance companies doing business in this State," the same being section five thousand one hundred sixty-nine of the Compiled Laws of eighteen hundred ninety-seven. The People of the State of Michigan enact: SECTION 1. Section one of act number one hundred fortynine of the public acts of eighteen hundred seventy-three, entitled "An act to define and establish a reinsurance reserve for fire and marine insurance companies doing business in this State," being section five thousand one hundred sixtynine of the Compiled Laws of eighteen hundred ninety-seven, is hereby amended to read as follows: SEC. 1. It is hereby made the duty of the Commissioner of Insurance to calculate the reinsurance reserve for every fire and fire-marine insurance company organized under the laws of this State or doing business therein, by taking fifty per cent of the premiums received on all unexpired risks that have less than one year to run, and a pro rata of all premiums received on risks that have more than one year to run: Provided, That when the reinsurance reserve, calculated as above, is less than forty per cent of all premiums received during the year, the reinsurance reserve in such case shall be the whole of the premiums received on all unexpired risks: Provided further, That in the case of perpetual risks or policies, the whole amount of the deposit or premium paid by the assured shall be deducted: And provided further, That no installment, part paid, or other notes shall be accepted or allowed as assets in calculating the reinsurance reserve of any fire insurance company organized or doing business upon the stock |