SEO. 2. All sales of real estate so acquired by the Sales heretofore State, as specified in the foregoing section, heretofore made legalized. made by the Governor, in accordance with chapter thirty

two of the acts of the Ninth General Assembly, are hereby legalized and made valid and binding, anything in any statutes heretofore enacted to the contrary notwithstanding.

SEC. 3. This act, being deemed of immediate imporIn force when. tance, shall take effect from its publication in the Daily Iowa State Register, the Daily State Leader, and The Iowa Review, or any two of them.

Approved, April 23d, 1872.

I hereby certify that the foregoing act was published in the Daily Imo State Register, and the Daily State Leader, April 30, and in The Iowa Review, May 4, 1872.

CH. 203.]

ED WRIGHT, Secretary of State.

CHAPTER CIV.

[H. F. 451.

APRIL 23.

10 G. A.: ch. 22.

may

SUPREME COURT REPORTS.

AN ACT to Provide for Disposing of the Supreme Court Reports, and to Increase the Law Department of the State Library. SECTION 1. Be it enacted by the General Assembly of the State of Iowa, That all Supreme Court reports that be left after the distribution required by section ten, of chapter twenty-two, acts 1864, has been made, shall be disposed of by the Secretary of State as may directed by the Trustees of the State Library, the proceeds thereof to be used for the purpose of increasing the Use of proceeds, law department of the State Library, and for no other

Surplus Supreme

Court reports to under direction

be disposed of

of Trustees of Library.

purpose.

be

SEO. 2. The Secretary of State shall deliver to the Reports in Secre- State Librarian all Supreme Court reports now in his tary's office to be office deposited there pursuant to the provisions of section ten, chapter twenty-two, laws of 1864.

turned over to Library.

SEC. 3. All acts and parts of acts, in conflict with this act, are hereby repealed.

Approved, April 23d, 1872.

CH. 204.]

CHAPTER CV.

[H. F. 430.

GEOLOGICAL SPECIMENS.

AN ACT to Amend Section One Hundred and Eighty-seven, Chap- APRIL 23. ter Fourteen, of the Revision of 1860.

amended.

to go to Agricul

SECTION 1. Be it enacted by the General Assembly 1860: $187 of the State of Iowa, That section one hundred and eighty-seven, chapter fourteen, of the Revision of 1860, be amended by striking out the word "all," in the first line, Duplicate speciand inserting, in lieu thereof, " Complete sets," and add mens and fossils after the word "purpose," in the fourth line, "And such tural College. "duplicate specimens and fossils as remain, after complete "sets shall have been deposited in the cabinet of the University, shall be deposited in the Museum of the State "Agricultural College." Approved, April 23d, 1872.

CH. 205.]

CHAPTER CVI.

[S. F. 265.

INSURANCE COMPANIES.

AN ACT to Amend Chapters 138 and 173 of the Twelfth General APRIL 23. Assembly, to Regulate Insurance Companies.

solvency of com

SECTION 1. Be it enacted by the General Assembly 1888: ch. 188. of the State of Iowa, That all the parts of section 35 1868 ch. 173. of chapter 138, and section 12 of chapter 173, of the acts Certificates of of the Twelfth General Assembly, after the word "pro- panies in other แ vided" in said sections, be and the same are hereby clusive. repealed.

States, not con

abroad doing

SEC. 2. That section 23, of said chapter 138, is here- Companies by amended, by changing the word "one" after the business in lowa words "possessed of," to "Two," so that said section as to have capital amended shall read, "possessed of two hundred thousand "dollars of actual, paid-up capital."

of $200,000.

SEO. 3. That section 9 of said chapter 173 is hereby Basis for valuaamended by substituting for the words, " upon the basis tion of life poii"of the New York standard of valuation of life policies,

it being Dr. Farr's English Life Table No. 3 for males,

with interest at 5 per cent," the words, "Upon the basis

cies.

"of American Experience Table of Mortality, and four "and one-half per cent. interest."

SEC. 4. There shall be paid by every company doing Fees to be paid business in this State, except companies organized under the laws of this State, the following fees:

by companies

from abroad:

for filing declartion;

annual state

ment;

certificate and

copy;

Upon filing declaration or certified copy of charter, twenty-five dollars.

Upon filing the annual statement, twenty dollars.

For each certificate of authority, and certified copy thereof, two dollars.

For every copy of any paper filed in the department, copy of paper; the sum of twenty cents per folio, and for affixing the official seal to such copy, and certifying the same, one dollar.

seal;

valuation;

For valuing policies of life insurance companies, ten dollars per million of insurance, or any fraction thereof. For official examinations of companies under this act, official examin- the actual expense incurred.

ation.

Same by home companies:

And companies organized under the laws of this State the following fees:

shall

pay

For filing and examination of the first application of first application any company, and the issuing of the certificate of license thereon, ten dollars.

and license;

annual statement;

certificate of authority.

penalties, &c.

For filing each annual statement, and issuing the renewal of license required by law, three dollars.

For each certificate of authority to its agents, fifty cents. SEC. 5. When, by the laws of any other State, any Reciprocal fees, taxes, fines, penalties, licenses, fees, deposits of money or of securities, or other obligations or prohibitions, are imposed, or would be imposed, on insurance companies of this State doing, or that might seek to do, business in such other State, or upon their agents therein, so long as such laws continue in force the same obligations and prohibitions, of whatever kind, shall be imposed upon all insurance companies of such other State doing business within this State, or upon their agents here.

by companies from abroad.

insur

SEC. 6. In addition to the foregoing fees, every Taxes to be paid ance company doing business in this State, except joint-stock companies organized under the laws of this State, shall, at the time of making the annual statements as required by law, pay into the State treasury, as taxes, two and one-half per cent. of the gross amount of premiums received in this State during the preceding year, taking duplicate receipts therefor, one of which shall be filed with the Auditor; and upon the filing of said receipts, and not till then, the said Auditor shall issue the annual certificate as provided by law; and the said sum of two

and one-half per cent. shall be in full for all taxes, State and local.

1868: chap. 188,

and 1868: chap,

SEC. 7. All of sections 32, 33, and 38, of said chapter $282, 38, and 88, 138, and all of sections 19 and 20, of said chapter 173, 173. §§ 19 and 20, be, and the same are hereby, repealed.

repealed.

SEC. S. This act, being deemed of immediate impor- In force when. tance, shall take effect and be in force from and after its publication in the State Register, and State Leader, newspapers published in Des Moines, Iowa.

Approved, April 23d, 1872.

I hereby certify that the foregoing act was published in the Daily Toroa State Legister, and Daily State Leader, April 30, 1872.

CH. 206.]

ED WRIGHT, Secretary of State.

CHAPTER CVII.

[H. F. 194.

INSURANCE COMPANIES.

AN ACT to Amend Section Forty of Chapter One Hundred and April 23. Thirty-Eight of the Laws of the Twelfth General Assembly, to 1868 ch. 189. regulate Insurance Companies.

Restriction upon

pay of officers,

SECTION 1. Be it enacted by the General Assembly of self-Insurance the State of Iowa, That section forty of chapter one hun- companies as to dred and thirty-eight of the laws of the Twelfth General &c., removed. Assembly be, and the same is hereby, amended by striking out the following words: "Shall in no case pay any "salaries or compensation to officers, agents, or any other employees, and”.

Approved, April 23d, 1872.

CH. 207.]

CHAPTER CVIII.

[S. F. 270.

THE ADDITIONAL PENITENTIARY.

AN ACT to Amend Chapter One Hundred and One [xLiii.], of the APRIL 28. laws of the Fourteenth General Assembly, in Relation to an Additional Penitentiary, and to Provide for the general Support

of the Convicts therein.

SECTION 1. Be it enacted by the General Assembly 1872: ch. xLiii., of the State of Iowa, That chapter one hundred and one amended.

Money for new building, by

Auditor to issue

[xLiii.], of the laws of the Fourteenth General Assembly, be amended as follows: by striking out the tenth section thereof, and inserting in lieu thereof the following:

"SEC. 10. The money hereby appropriated shall be expended under the direction of the Board of Commiswhom expended. sioners. The Commissioners shall, at the close of each Monthly exhibit. month, present to the Auditor of State a certified exhibit of all amounts due for property purchased, labor done, or materials furnished during said month, and the Auditor shall thereupon deliver to them a warrant upon the State Treasurer for the amount, and no warrant shall be issued except upon such exhibit, and such amount so drawn shall be expended, and duplicate vouchers taken therefor, one of which shall be deposited with the Auditor of State, before any additional sum shall be drawn.

warrant.

Vouchers.

for support.

and statement.

SEO. 2. Add to section 12 the following: That for Appropriation the general support of the convicts and the payment of the guards and employees in said Penitentiary, or at said quarries, there is hereby appropriated the monthly sum of eight and one-third dollars, or so much thereof as may be necessary, for each convict, to be estimated by the Monthly estimate average number for the preceding month; to be paid to the Warden on his requisition, monthly, accompanied with a detailed statement, in such form as the Auditor of State shall prescribe, exhibiting the payments made by the money drawn on the previous requisition. But no such estimate and statement shall be necessary for the first month after convicts are transferred to or confined and worked in said Penitentiary and quarries.

First month.

In force when.

SEC. 3. This act, being deemed of immediate importance by the General Assembly, shall take effect and be in force from and after its publication in the Iowa State Register, and State Leader, newspapers published at Des Moines, Iowa.

Approved, April 23d, 1872.

I hereby certify that the foregoing act was published in the Daily lowa State Register, and Daily State Leader, April 30, 1872.

ED WRIGHT, Secretary of State.