HomeMy WebLinkAboutOrdinances and Municipal Laws, Page 4811.
REVISED ORDINANCES OF PADUCAH.
481 _
Regulating Insurance Companies.
` Regulat;ng Insurance Companies.
To Regulate and License Insurance Companies.
Section I. Be it ordained by the General Cnuncil of the
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City of Paducah, Ky., that every insurance company before
d Qaated
doing business in said city shall designate some person as its
agent, and such agent shall procure from the said Council
Clerk, a paper in blank upon which shall be noted the var-
Kinds of
ous lines of insurance that the said company expect to trans-
insurance
act in said city, which blank forms said clerk is hereby re-
quired to furnish, and after being signed shall be presented,
_
to the treasurer, and shall pay to him for the first line a
I'.cense tax of fifty ($50) dollars per annum, and for each ad-
License tax
ditiunal line the sum of ($1o) per annum.
Sec. z. The various lines upon which a company shall
What lines
be liable for license tax are: life, accident and health, fire
com antes
ebalYba -
liability, plate glass, credit indemnity, burglary, steam boiler,
liable for
fidelity and surety, tornado.
Sec. 3. Every company,' under writing agency and as -
All are liable .
sue'ation, whether guaranteeing their own contracts or have
except
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their companies to guarantee same shall be liable for the
fraternal
orders
license tax.
Sec. q. This ordinance shall not apply to fraternal or-
ders, societies or associations, provided they operate upon
the lodge plan, having a regular assembly room.
Sec. 5. For violation of any section of this ordinance, a
Penalty _
fine of not less than ten dollars nor more than twenty-five
_ dollars shall be assessed by the city court upon trial and
conviction.
Sec. G. All ordinances in conflict with this ordinance are
hereby repealed and this ordinance to take effect from and
after its passage and approval, and all ordinances and parts of
ordinances in conflict with this ordinance are hereby re-
pealed.
Approved Dec. 31st., 1902.
D. A. YEISER, Mayor.
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a.
1.