xxxiv   DEPARTJIENT OF FINANCE—INSURANCE BRANCH.

The Foreign Corporations' Act of Manitoba, amended by chapter 4 of the Statutes of 1892 (Manitoba) and chapter 5 of the Statutes of 1893 (Manitoba) above set forth will be found at page lxxvi of the report of the superintendent for the year 1891, issued in 1892.

Attention is directed to the fact that chapter 4 of the Statutes of Manitoba for the year 1895 ; assented to 29th March, 1895, entitled " An act respecting Corporations incorporated out of Manitoba," was disallowed by an order of His Excellency the Governor General in Council, dated 25th March, 1896. See Canada Gazette of April 11th, 1896, at page 1879.

Statutes of 1895, Chapter 21. An Act to amend " The Manitoba Insurance Act." (Assented tI 39th March, 1895.)

Her Majesty by and with the advice and consent of the Legislative Assembly of the province of Manitoba, enacts as follows :

1. Subsection 3 of section 9 of chapter 13 of 57 Victoria is hereby repealed and the following substituted therefor.

5. If on the preceding 31st day of December in any year the company's total contigent liability or the amount of risk exceeds $1,5011,1100 then for each additional 81,500,000 or fraction thereof, the companies enumerated in the next preceding subsection, shall if a Canadian or foreign company, keep on deposit with the Treasurer, by way of additional security ; a sum equal to one-half of the initial deposit ; if a provincial company „shall keep on deposit $200 for every 8100,000 or fraction thereof, by which such total contingent liability or amount at risk is exceeded.

This section is not applicable to companies licensed by the Dominion.

2. The said chapter 13 is hereby amended by adding thereto the following section :

PLACE OF r9YVIENT OF LIFE POLICY.

55. The moneys payable under any policy of life assurance already issued or that may hereafter be issued by a company that has already obtained or may hereafter obtain a license or certificate of registration under the provisions of this Act, shall, in all cases be payable in this province when the assured resides therein, notwithstanding anything contained iu any such policy or the fact that the head office of the company is not within this province.

3. This Act shall come into force on the day it is assented to.

So much of the " Manitoba Insurance Act, " as is appliable to companies licensed by the Dominion will be found at page XXXVII of the report of the Superintendent of Insurance for the year 1893, issued in 1894.

Statutes of 1895, Chapter 22. An Act further to amend " The Manitoba Insurance Act.” (Assented to, June, 28th, 1895.)

Her Majesty by and with the advice and consent of the Legislative Assembly of the province of Manitoba enacts as follows :

1. Paragraph (f) of section 30 of chapter 13 of 57 Victoria, is hereby amended by inserting after the word "of" in the third line thereof the words "an Inland Marine Insurance Company, or of."

2. This Act shall cane into force on the day it is assented to. The amended section therefore will now read as follows :-

30. Each company shall pay to the treasurer the following fees :

(a.) For recording and filing in the office of the treasurer the documents required by section 25, 85. (1.) For change of attorney, 85.

(c.) For change of name or of head office, 85.

((l.) For initial license to do business or renewal thereof,

1. In the case of a Provincial Company, 8100.

2. In the case of any other company except as hereinafter specified, 8°_00.