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6. The amount of capital stock, if any, and what propor- Capital stock, tion is paid in before the corporation shall commence busi- amount of, etc. ness, which shall be at least fifty per cent of the total au

thorized capital stock;

7. The time for holding of the annual meeting of the cor- Annual meetporation;

8. Any other proper terms and conditions which the incorporators may have agreed upon not contrary to any law and which shall meet the approval of the Insurance Commissioner and which they deem important to have set forth in such articles.

ing.

quired.

SEC. 3. The capital stock of any company organized under Capital stock, this act shall in no case be less than two hundred thousand amount redollars in shares of one hundred dollars each; which capital stock may be increased from time to time by a vote of two-thirds of the stockholders present or represented at any regular meeting called for that purpose: Provided, That Proviso. the Commissioner of Insurance shall first be given notice of such proposed increase and shall express approval of the

same.

SEC. 4. A reserve fund shall be maintained by such com- Reserve fund. pany amounting at all times to forty per cent of the premiums on all of its insurance in force, and not less than forty per cent of the earned premiums on all of its liability insurance which has terminated during the preceding five years, less the amount paid for losses and expenses incidental thereto upon claims under said liability insurance which has terminated during the preceding five years. And the amount of the reserve fund so ascertained shall be increased by such an amount as is necessary to provide for claims more than five years old and not liquidated. When- When capital ever the capital of any company authorized under this act impaired, etc. shall become impaired to the extent of fifteen per cent, or shall otherwise become unsafe, it shall be the duty of the Commissioner of Insurance to direct such company to take any measures he deems necessary to restore its capital to a safe and sound condition, and to cancel the authority of such company upon its failure to comply with his directions within a reasonable time.

applicable.

SEC. 5. The following provisions of law and any future Provisions amendments thereto applicable to the business of life insurance companies in this State shall apply to, govern and regulate automobile insurance companies doing business by virtue of this act:

(a) Appointment of an attorney to receive process;

(b) Annual statement of financial condition, including statement of business done and other proper information requested by the Insurance Commissioner;

(c) Deposit with the State Treasurer;

(d) Provisions relative to foreign insurance companies desiring to transact business in this State, expressly including herein the payment of specific taxes;

(e) Provisions relative to holding real estate;

(f) Provisions relative to by-laws;

(g)

Examination of books, accounts and affairs of the

company;

(h) Penalties for false statements or refusals to comply with the order of the Commissioner of Insurance.

SEC. 6. Any and all acts or parts of acts in any manner contravening any of the provisions of this act are hereby expressly repealed.

Approved April 15, 1913.

Sections amended

and added.

Obnoxious fish, removal of.

Proviso,

closed season.

May cause re-
Inoval, etc.

[No. 62.]

AN ACT to amend sections one and two of act number eightynine of the Public Acts of nineteen hundred eleven, entitled "An act to provide for the lawful taking and removing with seines or nets, and destroying under certain regulations and restrictions of dog fish, carp and gar-fish or bill fish in the inland waters of this State," and to add two new sections thereto to stand as sections three and four.

The People of the State of Michigan enact:

SECTION 1. Sections one and two of act number eightynine of the Public Acts of nineteen hundred eleven, entitled "An act to provide for the lawful taking and removing with seines or nets and destroying under certain regulations and restrictions of dog fish, carp, gar-fish, or bill fish, in the inland waters of this State," are hereby amended, and two new sections are added to said act to stand as sections three and four, said amended and added sections to read as follows: SEC. 1. Hereafter it shall be lawful under the regulations and restrictions in this act provided to take and remove with seines, nets or otherwise, from the inland waters of this State, dog fish, carp, gar-fish, sheepshead, suckers, mullet and redhorse, and other obnoxious fish, and to sell or authorize the sale of same for the purpose of paying the expense of such removal: Provided, however, That no permit granted under this act shall allow the removal of such fish as provided therein from the twentieth day of April to the twentieth day of May, both of said days inclusive.

SEC. 2. The State Game, Fish and Forestry Warden may in his discretion cause to be taken or removed by seine, net or otherwise from the inland waters of this State, all dog fish,

carp, gar-fish, sheepshead, suckers, mullet, redhorse and other obnoxious fish: Provided, That before such action is taken Proviso, petition. there shall be filed with the State Game, Fish and Forestry Warden a petition requesting the same and signed by at least fifteen residents of the township or city in which such inland waters are located, said petition to be verified by the supervisor of said township, and forwarded to the State Game, Fish and Forestry Warden: Provided further, That Further the State Game, Fish and Forestry Warden or a deputy to proviso. be designated by him shall be present at the time and place of the taking and removing of the fish in this act provided, and shall personally superintend the same.

SEC. 3. After receiving a petition for the removal of dog Removal perfish, carp, gar-fish, sheepshead, suckers, mullet, redhorse and mits. other rough fish from any of the inland waters, the State Game, Fish and Forestry Warden may in his discretion authorize the removal of such fish, and may issue permits for such removal, and may sell or authorize the sale of such fish Sale. for the purpose of paying the expense of such removal, on such terms as shall be to the best advantage to the State: Provided, That when two or more petitions are presented Proviso. for the removal of dog fish, carp, gar-fish, sheepshead, suckers, mullet, redhorse and other obnoxious fish from any of the inland waters, the State Game, Fish and Forestry Warden may award the permit for such removal to the person offering the highest percentage to the State for the removal of same, either by sealed bid or at public sale at a time and place to be publicly designated by the State Game, Fish and Forestry Warden: Provided, That non-residents who operate Proviso, nonunder this act shall in addition to the percentage paid to resident fee. the State, be required to pay the non-resident license fee, as provided for non-residents under the commercial fishing license laws of this State.

where

SEC. 4. The proceeds received from the sale of permits Proceeds of or from the sale of fish, under the provisions of this act, sale, etc., shall be transmitted to the State treasury and credited to credited. the game and fish protection fund and may be used for the purpose of removal of fish from inland waters where the commercial value of the dog fish, carp, gar-fish, sheepshead, suckers, mullet, redhorse and other obnoxious fish is not sufficient to pay for such removal or for the purpose of enforcing the game and fish laws of the State.

Approved April 16, 1913.

Oleomargarine, etc., labeling, etc.

Verbal notice

before

[No. 63.]

AN ACT to regulate the manufacture, display, advertisement and sale of oleomargarine or imitation butter and to prevent fraud and deception therein and to provide penalties for violations thereof, and to repeal act number one hundred forty-seven of the Public Acts of eighteen hundred ninety-nine, entitled "An act in relation to the manufacture and sale of oleomargarine, or imitation butter."

The People of the State of Michigan enact:

SECTION 1. No person shall sell, expose or offer for sale or exchange, or have in his possession with intent to sell or exchange, any oleomargarine or other substance made. in imitation of butter, and which is intended to be used as a substitute for butter, unless each and every vessel, package, roll or parcel of such substance has distinctly and durably printed, stamped or stenciled thereon in black letters the true name of such substance, in ordinary bold faced capital letters, not less than five line pica in size; and also the name and address of the manufacturer, in ordinary bold faced letters, not less than pica in size.

SEC. 2. No person shall sell, exchange or deliver any oleoto purchaser margarine or other substance made in imitation of butter, and which is intended to be used as a substitute for butter, unless he shall distinctly inform the purchaser by a verbal notice at the time of the sale that the same is a substitute for butter, and shall also deliver to the purchaser of each and every roll, package or parcel of such oleomargarine or other substance, at the time of the delivery of the same, a separate and distinct label, on which is plainly and legibly printed in black ink in ordinary bold faced capital letters. not less than five line pica in size, the true name of such substance and also the name and address of the manufacturer, in ordinary bold faced letters not less than pica in size.

Placards where oleomargarine used, etc.

SEC. 3. The proprietor or keeper of any store, hotel, restaurant, eating saloon, boarding house, or other place where oleomargarine is sold or furnished to persons paying for the same, shall have placed on the walls of every store or room where oleomargarine is sold or furnished a white placard on which is printed in black ink, in plain Roman letters of not less than three inches in length, and not less than two inches in width, the words "Oleomargarine sold or used here," and shall at all times keep the same exposed in such conspicuous place as to be readily seen by any and all persons entering such store, or other room or rooms.

SEC. 4. No person shall use in any way, in connection "Butter"", etc., or association with the sale or exposure for sale or adver- unlawful use tisement of any substance designed to be used as a substitute for butter, the word "butter," "creamery," or "dairy," or the name or representation of any breed of dairy cattle, or any combination of such word or words and representation, or any other words or symbols or combination thereof commonly used in the sale of butter.

what deemed.

SEC. 5. For the purpose of this act the word "butter" "Butter", shall be understood to mean the food product usually known as butter, and which is made exclusively from milk or cream, or both, with or without common salt, and with or without additional coloring matter.

rine, what

SEC. 6. For the purpose of this act certain manufactured Oleomargasubstances, certain extracts and certain mixtures and com- designated as. pounds, including such mixtures and compounds with butter, shall be known and designated as "oleomargarine,' namely: All substances heretofore known as oleomargarine, oleo, oleomargarine oil, butterine, lardine, suine and neutral; all mixtures and compounds of oleomargarine, oleo, oleomargarine oil, butterine, lardine, suine and neutral; all lard extracts and tallow extracts; and all mixtures and compounds of tallow, beef fat, suet, lard, lard oil, vegetable oil, butterine, lardine, suine and neutral; all lard extracts and tallow extracts; and all mixtures and compounds of tallow, beef fat, suet, lard, lard oil, vegetable oil, intestinal fat, and offal fat, made in imitation or semblance of butter, or when so made, calculated or intended to be sold or used as butter or for butter..

SEC. 7. Whoever violates any of the provisions of this Penalty for act shall be deemed guilty of a misdemeanor, and upon con- violation. viction thereof shall be punished by a fine of not less than fifty dollars, nor more than five hundred dollars, and the costs of prosecution, or by imprisonment in the county jail or State House of Correction and Reformatory at Ionia, for not less than six months nor more than three years, or by both such fine and imprisonment in the discretion of the court, for each and every offense. All acts or parts of acts inconsistent with the provisions of this act are hereby repealed.

SEC. 8. Act number one hundred forty-seven of the public acts of eighteen hundred ninety-nine, is hereby repealed. Approved April 16, 1913.

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