warrant. All amounts so allowed shall be paid from the general fund in the state treasury and it shall be the duty of the auditor general to add to and incorporate in the state tax each year a sum sufficient to reimburse the general fund for the amounts so paid; estimate. Twelfth, The auditor general shall estimate, as near as may Auditor genbe, the amount of money necessary to meet the expense of ad- eral to make ministering the provisions of subdivision eleven under this act during each year of the biennial period, commencing the first day of July, nineteen hundred nineteen, and he shall make a similar estimate every two years thereafter: Provided, That Proviso. if the legislature shall provide for a budget system of making and controlling appropriations, then, and in that case, the duty imposed upon the auditor general by this section shall thereafter be discharged by a budget commission or budget commissioner, as the case may be, and the expense of administering the provisions of subdivision eleven under this act shall be met by a specific appropriation, inclosed in the budget. There is hereby authorized from the general fund of Appropriathe state a sufficient sum to meet the expenditures necessary tion. to carry out requirements of subdivision eleven under this act, and the auditor general is hereby directed to incorporate in the state tax a sufficient amount to reimburse the general fund for the money drawn from it for the purposes herein provided. Approved April 16, 1925. [No. 56.] AN ACT to amend section ten of chapter one of part two of act number two hundred fifty-six of the public acts of nineteen hundred seventeen, entitled "An act to revise, consolidate and classify the laws of the state of Michigan relating to the insurance and surety business; to regulate the incorporation of domestic insurance and surety companies and associations and the admission of foreign companies; and to provide for the departmental supervision and regulation of the insurance and surety business within this state," approved May tenth, nineteen hundred seventeen. The People of the State of Michigan enact: SECTION 1. Section ten of chapter one of part two of act Section number two hundred fifty-six of the public acts of nineteen amended. hundred seventeen, entitled "An act to revise, consolidate and classify the laws of the state of Michigan relating to the insurance and surety business; to regulate the incorporation of domestic insurance and surety companies and associations and the admission of foreign companies; and to Real estate, what may hold. Proviso, stock life companies, etc. Further proviso. Proviso. provide for the departmental supervision and regulation of the insurance and surety business within this state," approved May tenth, nineteen hundred seventeen, is hereby amended to read as follows: SEC. 10. No company, including fraternal beneficiary soci eties, formed under this act shall purchase or hold any real estate, except: 1. Such as shall be necessary for its immediate accommodation in transacting business; or 2. Such as shall have been conveyed or mortgaged to the company in good faith, by way of security for debts; or 3. Such as shall have been conveyed to the company in satisfaction for debts; or 4. Such as shall have been purchased at sales upon judgments, decrees or mortgages in favor of such company, or held by or owned by it; and all real estate obtained by virtue of any provisions of this section, except that mentioned in the first subdivision, shall be sold or disposed of within five years. after the title has been perfected in such company, unless the company shall procure a certificate from the commissioner of insurance that the interest of such company will materially suffer by a forced sale, in which event the sale may be postponed for such period as the said commissioner of insurance shall direct in such certificate, not to exceed ten years in all: Provided, however, That any stock life insurance company and any stock fire or casualty insurance company, may invest not to exceed twenty per cent of its assets in a home office building, and may continue to hold the same for its own use and as a source of revenue: Provided further, That no such investment shall be made unless and until a certificate of permission for the purchase of such property is granted by the commissioner of insurance after appraisal of such property by at least three property owners of the city in which the home office of such company is located, appointed by the commissioner of insurance for the purpose of such appraisal, and their certification to the commissioner of a valuation of the property at least equal to the amount which is proposed to be invested therein by such company: Provided, however, That any domestic fraternal benefit society shall have power to hold in fee or otherwise, such real estate as may be necessary to establish its national headquarters, or any charitable home or institution established or maintained by it, or to be used by it to promote the growth of such society and the health and welfare of its members and their families, and for that purpose may contract for the purchase of land, take conveyance of, purchase, lease or rent such real estate as may be necessary and may in connection with any land or building erected thereon let or sublet any vacant space therein or thereon not necessary to the immediate requirements of such society. In case it shall become necessary or advisable for the corporation to execute any contract for the purchase of such land or the lease of any such building, or to sell, mortgage or convey the same, the executive or other committee or trustees having charge of the fiscal affairs of such corporation shall designate at least two officers of such corporation to execute and deliver such instruments on behalf of the corporation, as shall have been authorized by such committee or trustees: Provided further, That no such investment shall be made un- Further less and until a certificate of permission for the purchase of proviso. such property or the erection of such building is granted by the commissioner of insurance. Approved April 16, 1925. [No. 57.] AN ACT to establish standard grades of naval stores to conform to the official naval stores standards of the United States, and to repeal act number one hundred seventy-five of the public acts of nineteen hundred eleven, being sections six thousand three hundred twenty-eight, six thousand three hundred twenty-nine and six thousand three hundred thirty of the compiled laws of nineteen hundred fifteen. The People of the State of Michigan enact: SECTION 1. That when used in this chapter; Terms (a) "Naval stores" means spirits of turpentine and rosin. defined. (b) "Spirits of turpentine" includes gum spirits of turpentine and wood turpentine. (c) "Gum spirits of turpentine" means spirits of turpentine made from gum (oleoresin) from a living tree. (d) "Wood turpentine" includes steam distilled wood turpentine and destructively distilled wood turpentine. (e) "Steam distilled wood turpentine" means wood turpentine distilled with steam from the oleoresin within or extracted from the wood. (f) "Destructively distilled wood turpentine" means wood turpentine obtained in the destructive distillation of the wood. "Rosin" includes gum rosin and wood rosin. (8) (h) "Gum rosin" means rosin remaining after the dis tillation of gum spirits of turpentine. (i) "Wood rosin" means rosin remaining after the distillation of steam distilled wood turpentine. SEC. 2. That when used in this chapter, the standards of standards. quality and purity of gum spirits of turpentine, steam distilled wood turpentine. destructively distilled wood turpentine, gum rosin and wood rosin shall be those of the official naval stores standards of the United States, as set forth in the federal naval stores act or amendments thereto. SEC. 3. That the following acts are hereby prohibited and Certain sales, made unlawful: etc, prohibited. Enforcement. Penalty. Act repealed. (a) The sale in this state of any naval stores, or of anything offered for sale as such, except under or by reference to the official naval stores standards of the United States; (b) The sale of any naval stores in this state under or by reference to the official naval stores standards of the United States, which is other than what it is represented to be; (c) The use in this state of the word "turpentine" or the word "rosin", singly or with any other word or words or of any compound, derivative or imitation of either such word, or of any misleading word, or of any word, combination of words, letter or combination of letters, provided in the federal act to define the official naval stores standards of the United States, to be used or to designate naval stores of any kind or grade. in selling, offering for sale, advertising, or shipping, anything other than naval stores of the official naval stores standards of the United States; (d) The use in this state of any false, misleading, or deceitful means or practice in the sale of naval stores, or of anything offered for sale as such. SEC. 4. The state commissioner of agriculture shall enforce the provisions of this chapter and the penal statutes relating thereto and the said commissioner, his assistants, experts, chemists, and agents shall have access and ingress to the places of business, stores, buildings and yards used for the sale of naval stores, and may open any package, tank car, tank, drum, barrel, can, jar, tub, or other receptacle containing any article that may be sold, offered for sale, or exposed for sale in violation of such provision or statute. The inspectors, assistants, or chemists, appointed by the state commissioner shall perform like duties and have like authority under this chapter and the penal statutes relating thereto as is provided by law in other cases. SEC. 5. Whoever violates any provisions of law relating to the selling, offering or exposing for sale, or advertising of naval stores by manufacturers or distributors thereof. shall be fined not more than fifty dollars, and for each subsequent offense shall be fined not less than fifty dollars, nor more than one hundred dollars, or imprisoned not less than thirtydays, nor more than ninety days, or both. SEC. 6. Act number one hundred seventy-five of the public acts of nineteen hundred eleven, entitled "An act regulating the sale of turpentine, and providing penalties for the violation of this act," being sections six thousand three hundred twenty-eight, six thousand three hundred twenty-nine and six thousand three hundred thirty of the compiled laws of nineteen hundred fifteen, is hereby repealed. Approved April 20, 1925. [No. 58.] AN ACT to amend sections two, three, four. six, ten, eleven and thirteen of act number one hundred thirty-four of the public acts of eighteen hundred eighty-five, entitled "An act to regulate the practice of pharmacy in the state of Michigan." being sections six thousand seven hundred sixty-one, six thousand seven hundred sixty-two, six thousand seven hundred sixty-three, six thousand seven hundred sixty-five, six thousand seven hundred sixty-nine, six thousand seven hundred seventy and six thousand seven hundred seventythree of the compiled laws of nineteen hundred fifteen. The People of the State of Michigan enact: amended. SECTION 1. Sections two, three, four, six, ten. eleven and Sections thirteen of act number one hundred thirty-four of the public acts of eighteen hundred eighty-five. entitled "An act to regulate the practice of pharmacy in the state of Michigan," being sections six thousand seven hundred sixty-one, six thousand seven hundred sixty-two, six thousand seven hundred sixty-three, six thousand seven hundred sixty-five, six thousand seven hundred sixty-nine, six thousand seven hundred seventy and six thousand seven hundred seventy-three of the compiled laws of nineteen hundred fifteen, are hereby amended to read as follows: SEC. 2. The said board shall, within thirty days after its officers. appointment. meet and organize, by the election of a president and vice-president from its own members who shall hold their respective offices for the term of one year, and until their successors are elected and qualified, and shall perform such duties as shall from time to time be prescribed by the board. Any person authorized to receive money for the board, before entering upon his duties shall give bond to the people of the state conditioned for the faithful receipt, disbursement and accounting for, in accordance with this act. of all moneys that may come into his hands in an amount to be fixed by the board, undersigned by a responsible surety company at the expense of the board, to be at all times under the approval of the state administrative board which bond shall be filed in the office of the secretary of state. SEC. 3. The members of the board shall each receive the Per diem. sum of five dollars for every day actually engaged in the service of the board, and also all their traveling and other necessary expenses incurred in the performance of their official duties. Said salaries, per diem and expenses shall be paid from the fees received under the provisions of this act. The Annual board shall at the close of each fiscal year, cause to be made report. an annual report to the state administrative board and to the Michigan state pharmaceutical association of all moneys received by and disbursed by it under the provisions of this act. |