Corvallis daily gazette. (Corvallis, Benton County, Oregon) 1909-1909, June 09, 1909, Image 4

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    New Code of Laws Fcr the State
of Indiana.
RIGID RULE AGAINST REBATING
Some of the Laws Said to Be Far In
Advanoo of Anything of the Kind In
United States Severe Penalties For
Kideacing Advertisements Special
Contracts Prohibited.
Copies of Indiana's new code of life
Insurance law:? arc being scut to tuc
lusuri'.m-e companies by the auditor of
state, Mr. Biilhcimer, " witb an inclo
sure explaining them and the steps the
insurance department will take5 to
brius about their enforcement The
auditor says that some of the laws are
a distinct innovation and far in ad
vance of anything of the Uiud in the
United Slates.
The state has a stringent anti-rebate
' law for the first time, and it is expect
ed to put a stop to the practices under
which a number of young companies
have flourished. It provides that a com
pany or its agents may be lined not
less than $100 nor more than $500 for
giving a rebate. An agent may be im
prisoned for thirty days for rebating,
and a person accepting a favor from
the "agent or the company may be fined
from $100 to 500 and imprisoned for
thirty days. The agent giving or of
fering the rebate shall, have his license
canceled, and be may be disbarred
from doing business in Indiana for
one year. The state auditor may re
voke, the license oft the company ex
tending a rebate.- ' ' " '
An act known as the Stahl law pro
vides severe penalties for an agentror
company that misrepresents policies.
It is provided that no cpmpany shall
send out "fake advertisements or mis
leading circulars" on penalty of hav
ing Its state license revoked. An agent
who misleads any one regarding the
policy he is selling shall .be prohibited
from selling insurance In Indiana for
one year.
For the protection of the insurance
nmnnrtioa nflinst rmQcmnnlnns flfrpnts
the McCarthy act was adopted. ' It pro
vides that. an agent who fails or re
fuses to meet his obligations with his
company shall have his license re
voked and shall not be permitted to do
business in the state.
The auditor of the state says that he
will keep a blacklist of the "dead-
beat" agents at his office so that the
companies can avoid them.
What is regarded by Mr. Billheimei
and the insurance men In Indianapolis
as the most important feature of the
new .code Is an act introduced by Sena
tor Will R. ' Wood. It defines what
shall go into a policy and provides tor
state supervision of the state compa.
Dies by the auditor. The companies
shall deposit with the auditor at the
end of the first year mortgages or se
curities amounting to the full cash
value of the policy at that time. The
companies will have sixty days in
which to make the deposits.
For the purpose of, ascertaining the
solvency of any company dping busi
ness in Indiana the auditor is author
ized to make an investigation at any
r time and to compel any company to
put up funds he may regard as neces
sary to estahiish a proper reserve.
Under the Wood law special con
tracts are prohibited. Several Indiana
'-companies that 'are now establishing
themselves have "made good" -by writ
ing' special contracts. The special con
tract feature applies to foreign as well
as to state companies. The law pro
hibits the predating of policies so that
policy holders can get the lower rate.
This provision is expected to put an
end to tbe practice of some of the
companies of getting business by giv
ing their customers a lower age rating.
Mr. Billheimer says the Wood law is
far in advance of any similar measure
in the United States. Wrhile it was
drawn so that the state shall super
vise the companies and protect the
policy holders, the auditor insists that
the law will not work a hardship on
any company that is doing a legitimate
business. ' . ' '
A new reserve loan law was enacted.
It provides that the companies shall
deposit with the auditor securities
amounting to the full cash surrender
value of the policies it has written, the
amount of the deposit to be Increased
as the cash value of the policies In
creases. . i
A new law was enacted for the in
corporation ' and operatipn of casualty
companies, providing explicitly what
kind of business they shall write. A
casualty company must have a paid
itp capitalization of $100,000.
It Is provided that Indiana life, com
. fanies may issue policies against
cath by accident Indianapolis Cor.
-New York Tost ,
New Question For Aliens.
All the fifty candidates for "naturali
zation who appeared at the Bureau In
the federal building at New York the
other day had to answer whether they
belonged to any organization which
forbade membership in the militia or
army of the United. States. No one an
swered in the affirmative. .Judge T,a-
conibe declined to tell the reason for
Uav'n'T the question asked." but tt is
assumed that it had reference . to the
existence abroad of certain labor or
ganizctluns of anarchistic tendencies.
- Prize For New Auto Fuel.
Nine thousand dollars is offered by
tbe Automobile Club, of France for a
new fuel cheaper than and as effec
tive as gasoline. .
lips, . . - -M m
sfw ft 1 1 f4
A STJNXY DAY ON YUKON AVENUE,- A.-YP. EXPOSITION, SEATTLE.
Yukon Avenue is one of the many ways leading to the Court p Honor
of the Alaska-Yukon-Pacific Exposition. It leads from the Cascades
down to one of the many entrances to the Pay Streak and directly to the
""cafe' center" of the Fair Grounds. " . :
On the left of the picture a facade of the European Exhibits Building:
shows. On the right is a corner of the Palace of ; Agriculture. In the,
distance, and -across the Cascades, is to be seen the Oriental Building.
All of these structures were completed before December 1, 1908.
They are of the conventional exposition type of construction plaster
staff over heavy wooden framework. ...
Hoft attft dim (Elitb
Will (Site a
(pm in tip? Uorlo
iEittnjbfliiij Stunted
FRIDAY, JUNE 12
9:00 A. M.
First Event 10 Targets
First. Prize Hunting Coat, by J' M. Nolan & Son, Home
of Hart Schaffner & Marx Clothes.
Second Prize $5.00 Razor, by Hotel Corvallis Pharmacy.
Third Prize Macy's Box of Candy.
f Second Event 10 Targets
First Prize Steel Fishing Rod complete, by Heater &
Harrington, Sporting Goods.
, Second Prize 3 old Stick Pin, by A. J. Metzger, Watch
maker. Third Prize Duck Call. ' '
Third Event 10 Targets
First Prize Pair of Walk Over Shoes, by Kline'a, Estab
lished 1964.
Second Prize Box Cigrrs, by Andrews & Kerr.
Third Prize Cleaning Rod. . .-.
SATURDAY, JUNE 13
9:00 A. M.
First Event 10 Targets
First Prize Hawes $3.00 Hat, .by Johnson & Johnson,
".. (No relation).
Second Prize Box of A. H. Savon Soap, by A. Hodes,
Grocer. ' '-
Third Prize Watch Fob. . . . . ,
Second Event 10 Targets A
First Prize Fine Bridle, by Smith Brothers, Harness
. makers. ...., , . " ,
: Second Prize Fox Cigars, by Jack Milne.
- Third Prize Box of Stationery, by Postonice Store. 1
.Third Event 10r Targets 1
' First Prize Side of Bacon, by Corvallis Meat Co.
Second PRizE-Fancy Ice Cream Brick, ,by . Palace ' of
: : Sweets. - ;
Third Prize Cleaning Rod. , .. ' -
WHSSE SHELMAN STANDS.
Approves Legislation to Improve th
- - Conditions of Labor. : -fFrom
Sherman's Speech of Accept
ance.) "
The Republican party believes in the
equality of all men before the 'law;
believes in granting labor's every re
quest that does not seek to accord
rights to one man. denied to another
Fair-minded labor asks no more, no
less, and approves the record of the
Republican party because of that par
ty's acts. -
I have helped to make my party's
record in the enactment of the Eight
Hour . law, the Employers' Liability
act, the statutes to minimize, the haz
ard of railroad employes, the .Child
Labor law for the District of Columbia
and other .enactments designed especial
ly to improve the conditions of labor.
I cannot hope, to better state my posi
tion on injunctions than by a specific
endorsement of Mr. Taft's Cincinnati
declaration on that subject. That en
dorsement I make.
, Giant Cranes' Minuet.
Australia, the- land of oddities,
animal, vegetable and mineral, has
few more curious creatures than the
giant cranes often five and six feet
in height, with beautiful blue gray
plumage, which are called native
companions. These huge birds mate
for life and as mates are singular
ly and touchingly devoted to one
another. Among their practices
that of dancing together is the most
remarkable; To and fro and up and
down, beneath a scraggy tree near a
creek or water hole, a pair of these
curious birds may be seen in the
hour of dawn footing it gravely in a
sort of grotesque minuet. There is
a strange sort of angularity about
all their movements, but withal a
certaiiT grace, bizarre and notable.
Curious stor:e pre told of the won
derful human-like devotion' one to
another which is sometimes shown
by these great cranes. Si, '
The Best Pamt
There is no better paint made for appearance and
durability than
n:.Aeme Quality Paiat
H ; : Specially prepared for exterior. and interior use.
"FLOOR VARNISH THAT WEARS"
AAfAl I DADCD A M H DAI Kit- c?xr o C"
Second Street, Near Palace Theater
WOODS BROTHERS
GENERAL REPAIR SHOP
Prompt attention given to repairing all kinds of gasoline en
. gines, autos. bicycles. Plows and axes sharDened.
Saws filed. All work guaranteed satisfactory and done
on short notice Give us a-call. We can please you.
Located back of -Beal Bros-' blacksmith shop- on Second
street. Phone No. 3145 Ind. :
CORVALLIS,
OREGON
Occidental Lumber: 'Co.
Successors toj
Corvallis Lumber Co.
We are here to supply your needs in the Lumber line. Please
call on J. B IRVING for information and prices. And take
notice that if we have not got exactly what you want we will
get it for you. ,
G. O. BASSET T, Local Mer.
PswerM sqd rspid well mz-
chins run by gascfins engi.i?. 1
Wind mill pump repairing,
and drove wells a specialty.'
Place your orders now before the
season's rushwork is on.
A. N. HARLAN
Box. 526 ' Corvallis, Oregon
Benton County Lumber Go,
. Manufacturers of all kinds of
fir Lumber,-': Mouldings, Cedar Posts;
Sawed ! and Split. Gedar Shakes
Dealers in
Doers, indows, Lime, Stick Cement S
; SSiircgfes, etc
rr-
YOUR ; VACATION
a
our expense
A CHOICE OF FOUR
IS OFFERED YOU
i '
CITATTI 17 DURING ALASKA
DHi i 1 Ltli YUKON EXPOSITION .
YELLOWSTONE NATIONAL PARK
YOSEMITE VALLEY
LAKE TAHOE
ALL YOUR EXPENSES PAID
IFjYOU HAVE FRIENDS IN THE EAST WHO WANT TO VjalT THE
PACIFIC COAST WE CAN ARRANGE IT ; ,
This is yoiir Opportunity
For complete ,
information address
Sunse! Travel vluh
Room 16, Flood Bld'g
San Francisco
THE DAILY GAZETTE
ALL THE NEWS ALL THE TIME