pound, so that the last paragraph will read as follows: issuance of etc., amended. The foregoing requirement for medical examination shall Medical not apply to the issuance of a policy or policies of industrial examination insurance aggregating in amount five hundred dollars or less, not to apply to exclusive of dividend additions thereon, upon any one life, certain policies. nor to the issuance of contracts based upon the continuance of life, such as annuity or pure endowment contracts, whether or not they embody an agreement to refund, upon the death of the holder, to his estate or to a specified payee, any sum not exceeding the premiums paid thereon with compound interest; provided, however, that no industrial policy shall Proviso. be issued without medical examination except upon a written application therefor signed by the person to be insured, or, in the case of a minor, by the parent, guardian, or other person having the legal custody of said minor. Any com- Penalty. pany violating this section, or any officer, agent or other person soliciting or effecting, or attempting to effect, a contract of insurance contrary to the provisions hereof, shall be punished by a fine of not more than one hundred dollars. / SECTION 2. Section one hundred and thirty-two of said G. L. 175, § 132, chapter one hundred and seventy-five, as amended by chapter seventy-five of the acts of nineteen hundred and twenty-two, by chapter one hundred and ninety-five of the acts of nineteen hundred and twenty-three, by sections one and two of chapter seventy-five of the acts of nineteen hundred and twenty-four, by section two of said chapter one hundred and ninety-seven and by sections one and two of chapter sixty-five of the acts of the current year, is hereby further amended by inserting after the word "with" in the seventeenth line the word: compound, so that the first paragraph will read as follows: Section 132. No Life or enpolicy of life or endowment insurance and no annuity or pure insurance endowment policy shall be issued or delivered in the com- policies, etc., monwealth until a copy of the form thereof has been on file form by. for thirty days with the commissioner, unless before the etc. expiration of said thirty days he shall have approved the form of the policy in writing; nor if the commissioner notifies the company in writing, within said thirty days, that in his opinion the form of the policy does not comply with the laws of the commonwealth, specifying his reasons therefor, pro- Proviso. Ivided that such action of the commissioner shall be subject to review by the supreme judicial court; nor shall such Policies to policy, except policies of industrial insurance, on which the provisions. premiums are payable monthly or oftener, and except annuity or pure endowment policies, whether or not they embody an agreement to refund to the estate of the holder upon his death or to a specified payee any sum not exceeding the premiums paid thereon with compound interest, be so issued or delivered unless it contains in substance the following: SECTION 3. Section one hundred and forty-four of said G. L. 175, § 144, chapter one hundred and seventy-five, as amended in the last paragraph thereof by section three of said chapter one hundred and ninety-seven, is hereby further amended by dowment approval of commissioner, contain certain etc., amended. Provisions as to surrender etc., insurance policies not applicable to etc. inserting after the word "interest" in the third line of said paragraph the words: -, whether simple or compound, so that said last paragraph will read as follows: This options of life, section shall not apply to annuity or pure endowment contracts with or without return of premiums, or of premiums and interest, whether simple or compound, or to survivorship certain policies, insurance, and, in the case of a policy providing for both insurance and an annuity, shall apply only to that part of the contract providing for insurance; but every such contract providing for a deferred annuity on the life of the insured only shall, unless paid for by a single premium, provide that, in the event of the non-payment of any premium after three full years' premiums shall have been paid, the annuity shall automatically become converted into a paid-up annuity for such proportion of the original annuity as the number of completed years' premiums paid bears to the total number of premiums required under the contract. Approved March 4, 1927. Chap. 94 AN ACT AUTHORIZING EQUITABLE ATTACHMENTS IN THE G. L. 215, new section after § 6. Equitable attachments in probate court in proceedings within its jurisdiction authorized. Effective date. PROBATE COURT IN PROCEEDINGS WITHIN ITS JURISDIC- Be it enacted, etc., as follows: SECTION 1. Chapter two hundred and fifteen of the General Laws is hereby amended by inserting after section six the following new section: Section 6A. In any proceeding before a probate court, an attachment may be made by injunction, as in suits in equity, to reach shares of stock or other property which cannot be reached to be attached as in an action at law, and the property so attached shall thereafter be subject to such order as justice and equity may require; and in relation to such probate proceedings said court shall have all the powers which the supreme judicial and superior courts have in relation to bills to reach and apply. SECTION 2. This act shall take effect on the first day of July in the current year. Approved March 4, 1927. Chap. 95 AN ACT RELATIVE TO THE SEALING OF VEHICLE TANKS USED G. L. 98, § 42, etc., amended. AS MEASURES AND ESTABLISHING FEES THEREFOR. Be it enacted, etc., as follows: SECTION 1. Section forty-two of chapter ninety-eight of the General Laws, as amended by section two of chapter thirty-two of the acts of nineteen hundred and twenty-three, is hereby further amended by inserting after the word "semiannually" in the eighth line the words:-, and provided, further, that when a vehicle tank used in the sale of commodities by liquid measure has once been sealed, it shall not be necessary to seal it again while it remains in the same condition as when first sealed, so as to read as follows: ing devices, at houses, Section 42. After giving said notice, said sealers shall go Weighing to the houses, stores, shops and vehicles of persons not and measur complying therewith, and shall test and adjust, seal or con- testing, etc., demn in accordance with the results of their tests, the weigh- stores, etc. ing or measuring devices of such persons; provided, that Provisos. devices for determining the measurement of leather bought, sold or offered for sale shall be tested at least semi-annually, and provided, further, that when a vehicle tank used in the sale of commodities by liquid measure has once been sealed, it shall not be necessary to seal it again while it remains in the same condition as when first sealed. A person who Penalty. neglects or refuses to exhibit his weighing or measuring devices to a sealer or deputy, or who hinders, obstructs or in any way interferes with a sealer or deputy in the performance of duty, shall be punished by a fine of not more than fifty dollars. amended. SECTION 2. Said chapter ninety-eight is hereby amended G. L. 98, § 56, by striking out section fifty-six and inserting in place thereof the following: Section 56. Except as otherwise provided, Fees of sealers shall receive the following fees for sealing the following weighing or measuring devices: (a) Each scale with a weighing capacity of more than five thousand pounds, one dollar. (b) Each scale with a weighing capacity of one hundred to five thousand pounds, fifty cents. (c) All other scales, balances, and measures on pumps, ten cents each. (d) Each taximeter, or measuring device used upon vehicles for determining the cost of transportation, one dollar. (e) Each machine or other device used for determining the measurement of leather, one dollar. (f) Milk bottles or jars, fifty cents per gross. (g) Vehicle tanks used in the sale of commodities by liquid measure and having a capacity of one hundred gallons or less, one dollar. For each additional one hundred gallons or fraction thereof, an additional fee of fifty cents shall be received. When a vehicle tank is subdivided into two or more compartments, each compartment shall, for the purposes of this section, be considered as a separate tank. sealers. (h) All weights and other measures, three cents each. They shall also receive reasonable compensation for neces- Compensation sary repairs, alterations and adjustments made by them. Approved March 4, 1927. for repairs, etc. AN ACT RELATIVE TO INTEREST ON FUNDS HELD BY CERTAIN Chap. 96 COUNTY OFFICERS. Be it enacted, etc., as follows: amended. SECTION 1. Section twenty-two of chapter thirty-five of G. L. 35, § 22, the General Laws is hereby amended by adding at the end thereof the following: ; provided, that interest accruing on the deposit as aforesaid of any money paid to any official mentioned in this section which is so paid under order of a Surplus cash to as follows: be deposited in banks, etc. Proviso. G. L. 35, § 23, amended. Disposition of money paid into court. Interest. Effective date. court or which is otherwise subject to the direction of a court shall, if the court so directs, be paid to the parties entitled to the principal fund of such deposit, so as to read Section 22. Except as otherwise provided, county treasurers, clerks of the courts, clerks of district courts, sheriffs and masters of jails and houses of correction, probation officers, registers of probate and insolvency and registers of deeds, having more money in their hands than is required for immediate use, shall deposit it, in their official names, in national banks or trust companies in the commonwealth at the best practicable interest rates, which interest shall be paid to the county, except that interest accruing to deposits by registers of probate shall be paid to the commonwealth; provided, that interest accruing on the deposit as aforesaid of any money paid to any official mentioned in this section which is so paid under order of a court or which is otherwise subject to the direction of a court shall, if the court so directs, be paid to the parties entitled to the principal fund of such deposit. SECTION 2. Said chapter thirty-five is hereby further amended by striking out section twenty-three and inserting in place thereof the following: Section 23. Money paid into the courts in any county shall, if possible, be placed at interest by the clerks thereof, and the interest shall be available for the uses of the county, unless the court directs it to be paid to the parties to the litigation in connection with which such money was paid into court. All interest in the custody of any clerk of said courts not directed to be paid as aforesaid, remaining after payment by order of the court of the principal fund to parties litigant entitled thereto, shall annually be paid, if the court is in Suffolk county, to the collector of the city of Boston on January thirty-first, or, if the court is in any other county, to the county treasurer of said county between January first and tenth, to be used for general county purposes. SECTION 3. This act shall take effect on the first day of July in the current year. Approved March 4, 1927. Chap. 97 AN ACT AUTHORIZING THE EXCHANGE TRUST COMPANY TO The Exchange pany may hold additional HOLD ADDITIONAL REAL ESTATE IN THE CITY OF BOSTON. Be it enacted, etc., as follows: SECTION 1. The Exchange Trust Company, a trust company organized under the laws of this commonwealth and having its usual place of business in the city of Boston, may, subject otherwise to the provisions of section fortyone of chapter one hundred and seventy-two of the General Laws, as amended by chapter three hundred and twentyone of the acts of nineteen hundred and twenty-two, and to the approval of the commissioner of banks, invest in real estate in said city suitable for and to be used in whole or in part for the transaction of its business to an amount, including the cost of alterations and additions in the nature of permanent fixtures, not exceeding, directly or indirectly, one million one hundred thousand dollars, in addition to the amount permitted by said section forty-one, amended as aforesaid, to be invested by said trust company, but in no event exceeding one million five hundred thousand dollars in the aggregate. etc. SECTION 2. This act shall take effect on July first of the Time of current year if, prior to said date, said trust company, in the taking effect, manner provided by law, increases its capital stock by an amount not less than two hundred and fifty thousand dollars and its surplus by a like amount; otherwise it shall be void. Approved March 4, 1927. AN ACT PROVIDING FOR ABSENT VOTING AT MUNICIPAL Chap. 98 ELECTIONS IN THE CITY OF GLOUCESTER. Be it enacted, etc., as follows: sions of General to absent voting to apply to elections in city SECTION 1. Sections eighty-six to one hundred and Certain provithree, inclusive, of chapter fifty-four of the General Laws Laws relative and sections twenty-seven and thirty-four of chapter fifty-t biennial six of the General Laws, relative to absent voting at biennial state elections state elections shall, so far as applicable, apply to municipal municipal elections in the city of Gloucester. All the rights, powers, of Gloucester, duties and obligations conferred and imposed upon the state etc. secretary by said sections shall, with respect to said municipal elections, be exercised and performed by the city clerk of said city, and, in construing said sections for the purposes of this act, any reference to state elections shall be considered as referring to municipal elections in said city. SECTION 2. This act shall be submitted for acceptance Submission to to the voters of said city at the annual city election in the voters, etc. current year in the form of the following question which shall YES. NO. be placed upon the official ballot to be used at said election: Approved March 4, 1927. AN ACT RELATIVE TO THE PREPARATION, PRINTING AND Chap. 99 DISTRIBUTION OF LISTS OF VOTERS IN THE CITY OF CAM BRIDGE, IN PAMPHLET FORM. Be it enacted, etc., as follows: SECTION 1. Section ten of chapter two hundred and Repeal. eighty-two of the General Acts of nineteen hundred and eighteen, as affected by chapter two hundred and thirty-nine of the acts of nineteen hundred and twenty-one, is hereby repealed. SECTION 2. Said chapter two hundred and eighty-two, 1918, 282 (G), as amended and as affected by said chapter two hundred & 11, etc., amended. |