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SECTION 4. This act shall take effect and be in force from and after its passage and publication.

Approved Feb. 28, 1903.

No. 33, A.]

[Published March 4, 1903.

CHAPTER 5.

AN ACT to amend section 1, chapter 439, laws of Wisconsin,

1901, relating to second grade certificates.

The people of the state of Wisconsin represented in senate and

assembly do enact as follows:

Certificate may be limited to one year. SECTION 1. Section 1 of chapter 439, laws of 1901, is hereby amended by adding after the word "date” in the twenty-seventh line the following: But the county superintendent may limit the same to one year and remove the limitation upon satisfactory evidence that the holder has successfully taught a public school in this state for at least six months.

SECTION 2. This act shall take effect and be in force from and after its passage and publication.

Approved March 3, 1903.

No. 199, A.]

[Published March 4, 1903.

CHAPTER 6.

AN ACT to amend section 1, of chapter 22 of the laws of 1901,

entitled "An act to amend section 1951 of the Wisconsin statutes of 1898" in relation to investments by domestic life insurance companies.

The people of the state of Wisconsin, represented in senate and

assembly, do enact as follows:

May invest in municipal bonds, securities of railway or street railway; loans to policy holders. SECTION 1. Section 1, of

chapter 22 of the laws of 1901, entitled “An act to amend section 1951 of Wisconsin statutes of 1898,” in relation to investments by domestic life insurance companies, is hereby amended by adding after the word “States,” in the twenty-fifth line thereof, the words “organized territories of the United States, and the Distriet of Columbia,” so that said section, when so amended, shall read as follows: Section 1. Every such corporation organized under the laws of this state, may invest its funds and accumulations in stocks or bonds of the United States or of this state, or of any county, city, town or village, or duly organized school district therein, or in mortgages, being first liens on real estate worth at least twice the money loaned thereon, or in the mortgage bonds of any railway or street-railway company duly incorporated and organized under the authority of this state; and it may also make loans on the security of promissory notes, amply secured by pledge of any of the bonds in which such insurance corporations are hereby authorized to invest their funds, and every such corporation may not only loan to its policy holders, sums not exceeding one-half the annual premiums on their policies, upon notes to be secured by the policies of the persons to whom the loans may be made, but may also make loans upon the security of its own policies to an amount not exceeding ninety-five per cent. of the cash surrender value of each such policy at the time of making any loan; and such corporation may invest its funds in other states, organized territories of the United States, and the District of Columbia, on like securities and under the same restrictions as in this state. No life insurance corporation organized under the laws of this state shall issue policies insuring fire, marine, accident or live stock risks, or do any banking business.

SECTIox 2. This act shall take effect and be in force from and after its passage and publication. Approved March 4, 1903.

No. 51, A.]

[Published March 7, 1903.

CHAPTER 7.

AN ACT relating to army nurses in the civil war of 1861

1865.

The people of the state of Wisconsin represented in senate and

assembly do enact as follows:

Army nurses given privileges and compensation. SECTION 1. Every person who has resided one year or more in Wisconsin, and who served at least ninety days as an authorized union army nurse between the 15th day of April, 1861, and the 4th day of July, 1865, shall upon dné proof of the facts hereinbefore stated, be entitled to the same privileges and compensation as soldiers of the said civil war have to the following:

(1) To relief from the county fund for the benefit of indigent soldiers.

(2) To admission to the Wisconsin Veterans' Home at Waupaca.

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SECTION 2. This act shall tabe effect and be in force from and after its passage and publication.

Approved March 7, 1903.

No. 11, A.]

[Published March 9, 1903.

CHAPTER 8.

AN ACT to detach certain territory from the town of Grants

burg, Burnett county, and to create the town of Anderson.

The people of the state of Il'isconsin represented in senate and

assembly do enact as follows:

Town of Anderson created. SECTION 1. All that certain territory now embraced in the town of Grantsburg, Burnett county, state of Wisconsin, described as follows, to-wit: Township thirty-seven north, of range nineteen west, and fractional

township thirty-seven north, of range twenty west, is hereby set off and detached from the said town of Grantsburg in said county, and is hereby created and constituted a separate town to be known and designated as the town of Anderson, in said Burnett county. Assets and liabilities apportioned. SECTION 2. The assets and liabilities of the said town of Grantsburg to be apportioned to the said towns of Grantsburg and Anderson, shall bear the same ratio to the whole of said assets and liabilities of said town of Grantsburg, as the assessed valuation for the year 1902, of the taxable property of the above-described detached territory from the town of Grantsburg, respectively bears to that of the assessed valuation for the year 1902, of the whole of the taxable property of said town of Grantsburg, as shown by the assessment rolls for the said year 1902. On the fifteenth day of April, A. D. 1903, the town boards of the town of Grantsburg and of the town of Anderson shall meet together at the town hall of the town of Grantsburg and determine what portion of the indebtedness legally incurred by the old town of Grantsburg, shall be chargeable to the town of Grantsburg and to the town of Anderson, and shall also determine what portion of the credits of the old town of Grantsburg, each of the towns of Grantsburg and Anderson shall be entitled to.

Special election to be held. SECTION 3. The qualified electors of the said town of Anderson shall meet at the Grettum school house in school district number six, situated in township number thirty-eight north, of range number nineteen west, of the fourth principal meridian in the state of Wisconsin, on the first Tuesday of April, A. D. 1903, and at such town meeting in the manner provided by law, elect town officers for the said town of Anderson. For the purpose of such town election, the qualified voters in said town hall shall, between the hours of nine and eleven o’clock in the forenoon of said day, choose three of their number to act as inspectors, and two ballot clerks and two clerks of the election, and such inspectors and ballot clerks and clerks of election shall, before entering upon their respective duties, severally take the usual oath of office and file the same with their returns; and such inspectors shall respectively canvas and return the votes cast at such election in all respects as provided by law for inspectors at annual town meetings. And the qualified electors so assembled at the place aforesaid may vote for judicial officers, whether for justices of the supreme court, judge of the circuit court or county judge, or all

of them, and shall be counted, canvassed and returned in the same manner and shall have the same effect, as if the said town of Anderson was fully and completely organized.

Powers, when organized. SECTION 4. When such election shall have been held as herein provided and the town officers of the town of Anderson have qualified as required by law, the said town of Anderson shall be deemed, and shall be, duly organized and shall possess all rights, powers, privileges and liaLilities of other towns in this state.

Authority of county board unabridged. SECTION 5. Nothing in this act shall be so construed as to abridge any of the powers of the county board of Burnett county to set off, organize, vacate or change the boundaries of said towns at any time hereafter in accordance with the powers conferred by law upon county boards.

SECTION 6. This act shall take effect and be in force from and after its passage and publication.

Approved March 7, 1903.

No. 34, S.]

[Published March 10, 1903.

CHAPTER 9.

AN ACT to provide for the refunding of municipal debts.

The people of the state of Wisconsin represented in senate and

assembly do enact as follows:

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Municipalities may refund debts when tax insufficient. SECTION 1.

There shall be a section of the statutes of 1898 to be known as section 942c, as follows: Section 942c. Whenever any county, town, city, village or school district has heretofore contracted or may hereafter contract any general indebtedness, within the provisions of section 3, article 11, of the constitution, and within the five per cent. limitation, other than for special street, sewer or harbor improvements, and has inadvertently failed to provide or has not sufficiently provided for the collection of a direct annual tax, sufficient to pay such indebted

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