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REPORT OF THE SUPERIXTE.YDEJT.
3 Section 3 of the said Act is hereby amended by striking out the words " year preceding the first day of May in which the return is made," in the eighth and ninth lines thereof, and inserting in lieu thereof the words " then last financial year,' and by inserting the words " within this province " after the word " reinsurance " in the eleventh line thereof.
Statutes of 1896, Chapter 34. An Act to amend Chapter 5 of 55 Victoria, intituled : "An Act t) impose certain taxes on certain Life Insurance Agents." (Passed 20th March, 1896).
Be it enacted by the Lieutenant-Governor and Legislative Assembly, as follows :
The following shall be added as sections 6 and 7, of chapter 5, 55th Victoria, and the same shall be read with and form part of said Act.
Any general agent of a life insurance company or association whose territory as such general agent includes New Brunswick, and who resides outside this province shall be subject to an annual tax or license fee of ten dollars, and not to the tax or fee of one hundred dollars imposed by section 1 of this Act."
On forwarding to the Receiver (leneral the report or statement of the agencies, and the names of their agents or sub-agents, as required by Chapter of hi Victoria, life insurance companies, shall cause to he paid annually to the Receiver Geiteral, the sum of two dollars for each agent and sub-agent, upon which payment a license shall issue to each of such agents or sub-agents for whom the said fee has been paid, and no person shall act as agent or sub-agent in soliciting insurance for any life insurance company or association who is not so licensed without being subject to a penalty of ten dollars for every day he engages in such business without license."
Statutes of 1896, chapter 35. An Act to amend chapter 4, of 55 Victoria, intitutled " An Act to impose certain taxes on certain Incorporated Companies and Associations." (Passed 20th March, 1896.)
Be it enacted by he Lieutenant-Governor and Legislative Assembly as follows :
Section 3 of chapter 4, of i51 Victoria, intituled : An Act to impose certain taxes on certain incorporated companies and associations, is hereby amended by inserting the word " fire " between the words " life ° and " accident ° iu the fifteenth line of the section.
The Acts 55 Vic., chapters 4 and 5, amended by the Acts, chapters 13 and 22 of the Statutes of New Brunswick, 1895, and chapters 34 and 35 of the Statutes of 1896, will be found at pages lxxxiv and lxxxv of the report for 1891, issued in 1892.
1.--PRINCE EDWARD ISLAND LEGISLATION.
Statutes of 1394, chapter 3. An Act to impose certain taxes on. certain incorporated Companies and Associations.
(Assented to 9th May, 1894. ) Be it enacted by the Lieutenant-Governor and the Legislative Assembly as follows :-
1. In order to provide for the exigencies of the public service there shall be and are hereby imposed upon the companies and associations hereinafter mentioned, the taxes hereinafter specifically named, which taxes each of such incorporated companies and associations respectively, shall annually pay to the Provincial Secretary for the use of the province.
I1.) Upon all companies accepting risks and carrying on the business of insurance against fire in the province, whose principal office or organization is not within the province, the sum of one hundred dollars.
13.; Upon all insurance companies and associations of any kind having agencies or accepting risks upon the lives of persons within the province and transacting the business of life or endowment insurance therein as the sole object of their organization, or as incidental to other purposes of their organization, whose principal office and organization is not within the province, the sum of one hundred and fifty dollars.
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