Completion of organization. Benefit certificates, etc., issued. List of applicants, to whom submitted. of Insurance shall certify his approval thereof and furnish the incorporators a preliminary certificate authorizing them to solicit members as hereinafter provided. SEC. 4. Upon receipt of said certificate from the Commissioner of Insurance, said association may solicit members for the purpose of completing its organization and shall collect from each applicant the amount of not more than one assessment in accordance with its table of rates as provided in its constitution and laws, and shall issue to each such applicant a receipt for the amount so collected. No when may be such association shall incur any liability other than for such advance payments nor issue any benefit certificates nor pay or allow or offer, or promise to pay or allow, any person any burial benefit until actual bona fide applications for burial benefit certificates have been secured from at least one hundred persons, and all such applicants shall have been regularly inspected and certificates of such inspections have been duly filed and approved by the secretary of such association. Nor until there has been submitted to the Commissioner of Insurance, under oath of the president and secretary or corresponding officers of such association, a list of such applicants giving their names and addresses with dates of inspection, date of approval, amount of benefits to be granted, and the rate of regular monthly assessments which shall not be lower for burial benefits than those required by the national fraternal congress mortality table for death benefits with interest at four per cent per annum, plus five per cent for admission by inspection in lieu of Statement as medical examination. Nor until it shall be shown to the to assessment. Commissioner of Insurance by the sworn statement of the treasurer or corresponding officer of such association that at least one hundred applicants have each paid in cash one regular assessment as herein provided for at least fifty dollars each of indemnity to be affected. Such payments shall be credited to the burial benefit fund on account of such applicants and no part of the same shall be used for expenses, and such burial benefit fund shall amount in the aggregate to Advance pay- at least one hundred dollars. Such advance payments shall, during the period of organization, be held in trust for, and if the organization is not completed as hereinafter provided, returned to said applicants. ments, how held. SEC. 5. The Commissioner of Insurance shall make such examination and require such further information as he deems advisable and upon presentation of satisfactory evidence that the association has complied with all the provisions of law, he shall issue to such association a certificate of authority entitling it to transact business until the thirty-first of March of the succeeding year. SEC. 6. Such association shall be managed by not less than five trustees, who shall prepare rules and regulations for the management of said association, and shall file a copy of the same with the Commissioner of Insurance of this State. Such trustees shall have the power to amend the laws may be col SEC. 7. Such association shall collect from its member- Burial beneship for burial benefits, of members admitted after medical fits, amount examination, not less than the fraternal congress table of lected. mortality on a four per cent interest basis, and for those admitted by inspection, not less than five per cent, in excess of fraternal congress table of mortality. Benefits shall be To whom made payable only to the wife, husband, parents, children or payable. some blood relative or member of the family: Provided, Proviso, The association shall by its by-laws provide for the payment penses. of funeral expenses before the benefits shall be payable to the beneficiary named in the certificate: Provided further, That Further where the member has no blood relative he may arrange with proviso. the association to pay his funeral expenses. funeral ex SEC. 8. Associations organized under this act shall be Age limit. permitted to receive members between the ages of one and sixty years, and are expressly prohibited from receiving into membership a child less than one year of age, or an adult who has passed his sixtieth birthday: Provided, That no Proviso. certificate shall be issued upon the life of any child under ten years of age for more than fifty dollars. SEC. 9. Any association incorporated under this act may Reserve fund, create, maintain, disburse and apply a reserve, emergency or surplus fund in accordance with its constitution and laws, and must at all times have on hand in cash or invested in securities permitted by the insurance laws of this State an amount shown to be necessary to redeem all outstanding contracts on a basis of the fraternal congress table of mortality with four per cent interest. Where members have been admitted by inspection in lieu of medical examination, five per cent in addition to such mortality table requirements shall be charged. If a valuation on the above basis shows Extra assessthe association's benefit fund to be impaired, the Commis. ment, levy of. sioner of Insurance shall order such association to levy an extra assessment to make good such impairment and such assessment shall be collected within ninety days from date of such notice. SEC. 10. The Commissioner of Insurance or some person Annual examappointed by him, shall examine all associations organized ination. under this act at least once in each year and shall make a valuation of the assets and liabilities of such associations in accordance with the fraternal congress table of mortality, and shall furnish a copy of the report of such examination Expenses. to each society, and each association organized under this act shall pay the actual expenses of such examination. SEC. 11. No application for injunction or other proceed Application ings for the dissolution of or the appointment of a receiver for receiver, for any such association or branch thereof shall be enter who to make. Annual statement, what to state, etc. tained by any court in this State unless same is made by the Attorney General. SEC. 12. Every association transacting business under this act shall annually, on or before the first day of March, file with the Commissioner of Insurance in such form as he may require, a statement under oath of its president and secretary or corresponding officers, of its condition and standing on the thirty-first day of December next preceding, and of its transactions for the year ending on that date, and shall also furnish such other information as the Commissioner of Insurance may deem necessary. The Commissioner of Insurance may at any other time require any other and further statement he may deem necesssary relating to such association. Upon receipt of such report, the Commissioner certificate of of Insurance shall, on or before the thirty-first day of March, if he shall be satisfied the association is solvent and carrying out its contracts with its members in good faith, renew the certificate of authority for the succeeding year. Renewal of authority. Benefit funds, investment of. Proviso. Articles, amendment of, examination, etc. Certain associations may Proviso. SEC. 13. The benefit funds of such association shall be invested only in securities permitted by the insurance laws of this State: Provided, Such an association may own real estate for an office building not exceeding in value fifty thousand dollars. No part of such funds shall be used for any other purpose than paying funeral benefits, and for the payment of such necessary clerical expenses as may be designated by any such association. SEC. 14. Any association incorporated under this act may amend its articles of association at any regular or special meeting of the members duly called. Notice of such meeting shall be given at least fifteen days prior to the time fixed for holding such meeting, and such notice shall state the time, place and purpose of such meeting. Such amendments shall be concurred in by a majority of the members present and voting upon the same. Such amended articles shall not take effect until they have been examined, approved and filed in the manner provided in section two of this act. SEC. 15. Associations organized under act one hundred reincorporate. Seventy-one of the public acts of nineteen hundred three, entitled "An act for the incorporation of associations not for pecuniary profit," that are engaged in a burial benefit business may reincorporate under this act and shall thereby become subject to all its provisions: Provided, That if any such association shall not reincorporate under this act such association shall accept no new business or new membership at less rates than those provided to be collected under the provisions of this act: Provided further, That the membership now existing may continue to follow out the plan in force in such associations at the date of the passage of this act: Provided further, That the funds collected from such new members shall be used only for paying benefits to the beneficiaries of such members. Further proviso. Further proviso. Approved June 27, 1907. [No. 299.] AN ACT authorizing the withdrawal from sale of the Agricultural College lands in the counties of Iosco and Alcona, such lands to be held as a forest reserve for the benefit of the same college; and defining the permanent use thereof. The People of the State of Michigan enact: lands set SECTION 1. All of the lands belonging to the Agricultural Forest reCollege of this State, situated in the counties of Iosco and serve, certain Alcona, be and the same are hereby withdrawn from sale apart for. and are now set apart and declared to be a forest reserve to be held by the State for the Board of Agriculture and its successors, to be managed and used by said board as a fund, the income of which shall be applied to the uses and purposes of the Agricultural College of this State. The fee of said lands is hereby declared to be vested in the State forever appropriated to the uses of the Agricultural College. culture as to etc. SEC. 2. The Board of Agriculture is charged with the Duty of duty of caring for and reforesting, by natural growth and board of agriplanting of seeds and seedlings, the said reserve with white reforesting. and red Norway pine and such other valuable timbers as the soil may be found most suitable for, using as far as possible the available students of the college; and in the same manner Surveying, to cause the said reserve to be gradually surveyed and platted and a complete record made and kept of the condition and character of the soils. The board shall also see that the Protection from fire, etc. lands and their growth are properly protected from fire and trespass. So far as practicable, the said forest reserve shall Reserve to be used for the instruction of the students of the college and be used for for the practice of its forestry students. instruction. control of sale of tim certain pro SEC. 3. The board is authorized to sell timber in or from Timber may said forest reserve and to use the proceeds in the care and be sold. protection of the forest so long as needed for such purposes: Provided, That the lumbering operations are to be under the Proviso as to direction and control of the board and its agents specially lumbering. designated for that purpose. No contract of sale of timber Contract of thereon shall be made, which does not provide for the cut- ber, to have ting of trees selected and designated for the proper clearing visions. up on all cut-over areas of tons, branches and other waste, and the burning of all not available for use under inspection, to prevent the spread of fire to the injury of the young growth and the remaining forest. The necessary provision shall be made to protect and reserve from fire, and the Forest Fire and Game Warden shall co-operate with the Board of Agriculture and its agents to that end. No person shall Hunters, etc., hunt or camp within the limits of said forest reserve with- without perout permission from the board or its agents in charge, and not allowed mission. Penalty for violating. Penalty for cutting, etc., only so long as he complied strictly with the terms of such permit. And for any violation hereof the person so violat ing upon conviction thereof by any court of competent jurisdiction shall be punished by a fine of not more than one hundred dollars, or by imprisonment in the county jail not more than ninety days, or by both such fine and imprisonment in the discretion of the court. SEC. 4. Any person who shall without authority cut or of trees, etc., carry away any trees or timber growing or lying on the aforesaid land, shall forfeit three times the value of said timber or trees to be recovered in any court of competent jurisdiction in an action brought by the State Board of Agriculture. This act is ordered to take immediate effect. Approved June 27, 1907. Salary. [No. 300.] AN ACT to fix the salary of the State Librarian. The People of the State of Michigan enact: SECTION 1. The salary of the State Librarian shall be the sum of one thousand eight hundred dollars for the year nineteen hundred seven, and the same sum for each year thereafter, payable monthly out of the State treasury upon the warrant of the Auditor General. Approved June 27, 1907. Sections amended. [No. 301.] AN ACT to amend sections five and seven of act number one hundred forty-three of the public acts of nineteen hundred three, entitled "An act to provide for the government, management and control of the State Public School at Coldwater, and to repeal all acts or parts of acts inconsistent with this act." The People of the State of Michigan enact: SECTION 1. Sections five and seven of act number one hundred forty-three of the public acts of nineteen hundred three, |