Testimony [and Report] Taken Before the Select Committee of the Senate of New Jersey Appointed April, 1906, to Inquire Into the Business of Life Insurance Companies Doing Business in New Jersey ...

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Page 226 - The company may make any payment provided for in this policy to any relative by blood or connection by marriage of the insured, or to any other person appearing to said company to be equitably entitled to the same by reason of having incurred expense in any way on behalf of the Insured, for his or her burial or for any other purpose...
Page 226 - ... to any relative by blood or connection by marriage of the insured or beneficiary who is deemed by the insurer to be equitably entitled thereto.
Page 319 - ... that no loan shall be made by any company on its own stock ; and any life insurance company of this State may, in addition to the foregoing, purchase for its own benefit any policy of insurance or other obligation of the company and any claims of policyholders...
Page 241 - Nor are we to admit for a moment the popular reasoning, as applicable here, "that the abuse of a thing is no argument against its use...
Page 12 - Superintendent, may be invested in or loaned on the pledge of any of the securities in which deposits are required to be invested, or in the public stocks or bonds of any one of the United States, or in bonds and mortgages on improved unencumbered real property in this State worth fifty per centum more than the amount loaned thereon...
Page 192 - A person who prints, publishes or circulates, as true, any message, order or proclamation purporting to be the message, order or proclamation of the executive of the United States or of this state, or of any other state of the United States now or hereafter admitted, or of any territory of the United States...
Page 12 - Improved unencumbered real property in this state worth fifty per centum more than the amount loaned thereon, or except as in this chapter otherwise provided, in the stocks, bonds or other evidence of indebtedness of any solvent institution incorporated under the laws of the United States or of any state thereof, or in such real estate as it is authorized by this chapter to hold; but no such funds shall be invested in or loaned on its own stock or the stock of any other Insurance corporation carrying...
Page 14 - No domestic life insurance corporation, whether incorporated by special act or under a general law, shall invest in or loan upon any shares of stock of any corporation, other than a municipal corporation, nor, excepting government, State or municipal securities, shall it invest in, or loan upon, any bonds or obligations which shall not be secured by adequate collateral security or where more than one-third of the total value of the collateral security therefor shall consist of shares of stock.
Page 319 - ... issued or created by the United States, or by this State, or by any of the other states of the United States or the District of Columbia, or any or either of them, or by any of the incorporated cities, counties, townships or other municipal corporations thereof...
Page 319 - Columbia, or either of them, or operated therein, or the capital stock, bonds, securities, or evidences of indebtedness created by any corporation or corporations created under the Laws of the United States, or of this, or any other State, except the stock of mining companies; provided, that no loan shall be made or retained on any of the above-mentioned securities, except the bonds or stocks issued or created by the United States, or this State, exceeding ninety per centum of the market value thereof;...

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