effect before Third, A provision by which the policy shall purport to be To take issued or to take effect before the original application for in- application surance was made, 'if thereby the insured would rate at an is made. ́age younger than his age at date when the application was made, according to his age at last birthday; Fourth, A provision for any mode of settlement at matur- Settlement at ity of less value than the amount insured by the policy plus maturity. dividend additions, if any, less any indebtedness to the company on the policy and less any premium that may by the terms of the policy be deducted, payments to be made in accordance with the terms of the policy. This prohibition shall not apply to sub-standard policies. term SEC. 3. Policies may be issued in this State providing for Provisions not more than one year preliminary term insurance by the relative to incorporation therein of a clause on the face of the policy insurance. distinctly specifying that the first year's insurance is term insurance. If the premium charged for term insurance under a limited payment life or endowment preliminary term policy providing for the payment of all premiums thereon in less than twenty years from the date of the policy, exceeds that charged for life insurance under twenty pay life preliminary term policies of the same company at the same age, the reserve thereon at the end of any year, including the first, shall not be less than the reserve on a twenty pay 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 for such twenty pay life preliminary term policy and the full reserve at such time of such a limited payment, life or endowment policy: Provided, This shall not take effect Proviso, date until January one, nineteen hundred eight. of effect. SEC. 4. No policy of life insurance shall be issued or de- Policy forms, filing with livered in this State, until the form of the same has been commissioner. filed with the Commissioner of Insurance and after the Commissioner of Insurance shall have notified any company of his disapproval of any form it shall be unlawful for such company to issue any policy in the form so disapproved. The Commissioner's action shall be subject to review by any court of competent jurisdiction. foreign SEC. 5. The policies of a life insurance company, not or- Policies of ganized under the laws of this State, may, if approved by companies. the Commissioner of Insurance of this State, contain any provision which the law of the state, territory, district or country under which the company is organized, prescribed shall be in such policies, when issued in this State, and the policies of a life insurance company organized under the Policies of laws of this State may, when issued or delivered in any other panies in state, territory, district or country, contain any provision other states. required by the laws of the state, territory, district or country home com Not to apply to certain companies. "Company" construed. in which the same are issued, anything in this act to the contrary, notwithstanding. SEC. 6. This act shall not apply to annuities, industrial policies or to corporations or associations operating on the assessment or fraternal plan. SEC. 7. Wherever the word company is used in this act, it shall be held to include corporations and associations. This act is ordered to take effect January one, nineteen hundred eight. Approved June 18, 1907. Commission, membership of. [No. 188.] AN ACT to create a Commission of Inquiry to make the necessary preliminary investigations, and to prepare and submit a report to the next legislature, setting forth a comprehensive plan for the protection, improvement, utilization, and settlement of, and for the better and more economical administration of the affairs and business of the State connected with the delinquent State tax lands, now owned or hereafter acquired, and other forest, denuded or waste lands of the State, to the end that the State may hereafter pursue a consistent and complete policy in reference thereto, and to appropriate the necessary moneys for the expense to be incurred by said Commission of Inquiry in the performance of its duties. The People of the State of Michigan enact: SECTION 1. There shall be a temporary Commission of Inquiry, to consist of nine members to be appointed by the Governor from among the citizens of the State having special qualifications and knowledge concerning the matters to be Expenses al considered. The members of the Commission of Inquiry lowed. Duties of. shall serve without pay, but shall be allowed their necessary actual expenses incurred by them in performing their duties as members of the said Commission of Inquiry. SEC. 2. It shall be the duty of the Commission of Inquiry to fully investigate the conditions affecting, and the problems involved in, the relation of the State to the delinquent State tax lands, now owned or hereafter to be acquired, and to other forest, denuded or waste lands situated in the State, whether owned by the State or individuals; the subject of forestry and the establishment and setting aside of State tax lands, or portions thereof, for forest reserves; the checking and prevention of fires and the spreading thereof in for ests or over the waste lands aforesaid; the conservation and increase of the water supply of the rivers, streams and lakes of the State by reforestation; the protection from trespass and other depredations of timber growing on lands in which the State is interested; the policy best calculated to further and encourage the settling up, improvement, reforestation and other utilization of said delinquent State tax lands, or such portions thereof as are deemed most suitable for one or other of the purposes aforesaid, having due regard to all interests and to all the conditions affecting the problems involved; and the economical administration of the business and affairs of the State, and the due protection and betterment of its inhabitants as affected by any of the matters aforesaid. port to legis contain. SEC. 3. It shall also be the duty of the Commission of To prepare reInquiry, after full investigation as aforesaid, to prepare and lature, what to submit to the next legislature a full report embodying a comprehensive plan for dealing with all of the matters aforesaid, to the end that the State may hereafter pursue a complete and consistent policy in reference thereto. The report of the Commission of Inquiry shall contain or be accompanied by such findings and recommendations as the Commission of Inquiry shall deem advisable, including specific recommendations defining, or prescribing some method of defining, the limits of forest reserves to be established and maintained and the manner in which the delinquent State tax lands, now owned or that shall hereafter be acquired, shall become a part of said forest reserves or be devoted to other purposes, or be otherwise dealt with. The report shall Draft of proalso contain or be accompanied by a draft of such proposed posed law. law or laws as, in the judgment of the Commission of Inquiry, will best enable the State to perfect its title to said delinquent State tax lands, protect the timber thereon, pro- Delinquent vide the most practical means of checking and preventing lands. the starting and spreading of fires thereon, or on other waste or forest lands situated in the State, and such other law or laws as the Commission of Inquiry may deem necessary for the most profitable and economical administration of the business and affairs of the State in reference to the matters which are the subject of this investigation. State tax Fires. printer, etc. SEC. 4. The report of said Commission of Inquiry, in- Report, when cluding the plan, findings, recommendations and draft of ready for proposed legislation above mentioned, shall be ready for the State printer by the thirty-first day of July, nineteen hundred eight; and it is hereby made the duty of the State Board of Auditors to cause three thousand copies of the said report to be printed and bound, and to have the same ready for Distribution. distribution not later than the first day of October, nineteen hundred eight; two thousand copies to be used for distribution among the citizens of the State and one thousand copies to be reserved for the use of the members of the legislature. Duty to study situation, etc. Surveys. Assistance, etc. pense. SEC. 5. It shall be the duty of the Commission of Inquiry to make a thorough study of the whole situation; and they shall have power to cause to be made such surveys and examinations as may be deemed necessary of the lands aforesaid, or adjacent regions, and to investigate any natural or other conditions affecting any of the problems bearing upon the matter involved in their investigation. The said Commisbooks, maps, sion of Inquiry shall have power to employ assistance, to purchase books, maps, stationery and other materials, and Audit of ex- to travel in the performance of their duties; and their expenses incurred therein and in the performance of their duties, including the publication of the report herein mentioned, shall be audited and allowed by the Board of State Auditors, upon vouchers and bills properly sworn to and duly certified by the secretary or some authorized member of the commission, and also shall be paid from the general fund of the State. The Commission of Inquiry shall have the use of suitable quarters for its meetings and its work in the First meeting, State capitol. It shall hold its first meeting in the capitol president, sec- at Lansing on the twenty-fifth day of June, nineteen hundred seven, for the purpose of organization, at which time it shall elect from its members a president and secretary, and shall meet thereafter at such times and places as it may deem necessary. Quarters in capitol. retary. State officers to co-operate, etc. SEC. 6. It shall be the duty of the Michigan Forestry and employes Commission, of the Commissioner of the State Land Office, of the Auditor General, and of every department, officer or employe of the State having information or charge of books, or others matters, desired for use by the commission, or whose help is needed to aid in its inquiries, to promptly furnish the same and any information or aid asked for by the commission, on request of the secretary or presiding officer or other authorized member of the Commission of Inquiry. Attorney Gen- It shall be the duty of the Attorney General and of the eral, duty to State officers aforesaid to attend, advise and assist the Commission of Inquiry on request in every way desired in its assist. work. This act is ordered to take immediate effect. [No. 189.] AN ACT to amend section nine of act one hundred ninety of the public acts of eighteen hundred ninety-one, entitled "An act to prescribe the manner of conducting and to prevent fraud and [deception] deceptions at elections in this State," being compiler's section three thousand six hundred twenty of the Compiled Laws of eighteen hundred ninety-seven. The People of the State of Michigan enact: SECTION 1. Section nine of act one hundred ninety of the Section public acts of eighteen hundred ninety-one, entitled "An act amended. to prescribe the manner of conducting and to prevent fraud. and [deception] deceptions at elections in this State," being compiler's section three thousand six hundred twenty of the Compiled Laws of eighteen hundred ninety-seven, is hereby amended to read as follows: commis how consti SEC. 9. In each county of the State, the judge of probate, Board of eleccounty clerk and county treasurer shall constitute a board tion sioners for of election commissioners, two of whom shall constitute a each county. quorum and of which board the judge of probate shall be chairman and the county clerk shall be secretary: Provided, Proviso, in cerThat in the counties of Kent, Ottawa and Wayne, the board tain counties, of county canvassers, together with the county clerk, who tuted. shall not be entitled to vote on said board, shall constitute a board of election commissioners, two of whom shall constitute a quorum. In the counties last above specifically Chairman and mentioned, the chairman of said board of county canvassers clerk. shall be chairman of the board of election commissioners, and the county clerk shall act as clerk of said board, but in the event of his unavoidable absence the board may select one of his deputies to act in his stead, and in case of a In case of va- This act is ordered to take immediate effect. |