which shall be verified by oath of such officers and other persons as said commissioner shall designate, and said commissioner shall furnish blank forms for the report required, and may call for additional reports at such other times as may seem to him expedient.

1905, c. 435, s. 19.

3903. License granted, when. If it shall appear to the insurance commissioner by the report aforesaid and by an examination of the affairs of such association that it has good assets of sufficient value to cover all liabilities and that its methods of doing business are safe and not contrary to the laws governing building and loan associations of this state, it may be admitted to transact business in this state upon a certificate of authority to be issued by the insurance commissioner, which shall only be issued when such association shall have complied with the further requirements of this chapter.

1905, c. 435, s. 20.

3904. Securities to be deposited. The insurance commissioner before issuing the certificate of authority aforesaid shall require every such association to deposit with the said commissioner such. securities as he may approve amounting to at least thirty thousand dollars, which securities shall be held by him in trust for the exclusive benefit and security of the creditors and shareholders of such association resident in this state, and he shall have authority to require it to deposit additional securities and to order a change in any of the securities so deposited at any time, and no change or transfer of the same shall be made or be effectual without his consent. Such deposit shall be maintained intact in the full sum required at all times, but the association making such deposit, so long as it shall continue solvent and comply with all the provisions of this chapter applicable to it, may receive the dividends or interests on the securities deposited, and may from time to time, with the assent of said commissioner, withdraw any of such securities on depositing with the commissioner other like securities the par value of which shall be equal to such as may be withdrawn.

1905, c. 435, s. 21.

3905. Fees and expenses. Every such association shall pay for filing a certified copy of its charter or certificate of incorporation twenty dollars; for filing original annual reports, twenty dollars; for certificate of authority, annually, two hundred and fifty dollars; for certificate for each agency, five dollars; and shall defray all expenses incurred in making any examination of its affairs as herein. provided for; and the insurance, commissioner may maintain an

action in the name of the state against such association for the recovery of such expenses in any court of competent jurisdiction.

1905, c. 435, s. 22.

3906. Certificate for year; attorney; service of process. Such certificate of authority shall be for the current year only, and shall not be issued until such association shall, by a duly executed instrument filed with the insurance commissioner of the state, constitute said insurance commissioner and his successors in office its true and lawful attorney, upon whom all original process in any action or legal proceedings against it may be served, and therein shall agree that any original process against it which may be served upon said commissioner shall be of the same force and validity as if served on the association, and that the authority thereof shall continue in force irrevocable so long as any liability of the association remains outstanding in this state. The service of such process shall be made by leaving a copy of the same in the office of said insurance commissioner, with a fee of two dollars, to be taxed in the plaintiff's costs when any original process is served by letter directed to the secretary, and shall within two days after such service forward to the secretary in the same manner a copy of the process served upon him, and such service shall be deemed sufficient service upon the association. The commissioner shall keep a record of all such process, showing the day and hour of service.

1905, c. 435, s. 23.

3907. Taxes on stock, how listed. All foreign building and loan associations doing business in this state shall list for taxation with the state auditor, through its agent, its stock held by citizens of this state in the county, city or town where the owners of such stock reside. In listing such stock for taxation the withdrawal value as fixed by the by-laws of each company shall be furnished the listtaker, and the stock shall be valued for taxation as other money investments of citizens of this state. All such taxes shall be paid by the association listing the stock.

1905, c. 435, s. 25.

3908. All contracts deemed made in this state. Any contract made by any foreign association with any citizen of this state shall be deemed and considered a North Carolina contract, and shall be so construed by all the courts of this state according to the laws thereof.

1905, c. 435, s. 26.

CHAPTER 84.

BUREAU OF LABOR AND PRINTING.

(Sections 3909-3912.)

3909. Creation of; election of commissioner; term of office. A bureau of labor and printing is hereby created and established, the duties of which bureau shall be exercised and discharged by a commissioner, who shall be designated as Commissioner of Labor and Printing, and by an assistant, who shall be appointed by the commissioner, and who shall be a practical printer. The commissioner shall be elected by the people in the same manner as is provided for the election of the secretary of state. His term of office shall be four years. The office of the bureau shall be kept in the city of Raleigh and the same shall be provided for as are other public offices of the state. 1899, c. 373, s. 2, c. 539.

3910. Duties and powers of commissioner. The commissioner, aided by the assistant commissioner, shall collect and collate information and statistics concerning labor and its relation to capital, the hours of labor, the earnings of laborers and their educational, moral and financial condition, and the best means of promoting their mental and moral and material welfare; shall also collect and collate information and statistics concerning the various mining, milling and manufacturing industries in this state, their location, capacity and actual output of manufactured products, the kind and quantity of raw material annually used by them and the capital invested therein; shall also collect and collate information and statistics concerning the location, estimated and actual horsepower and condition of valuable water-powers developed and undeveloped in this state; also concerning farm lands and farming, the kinds, character and quantity of the annual farm products in this state; also of timber lands and timbers, truck gardening, dairying and such other information and statistics concerning the agricultural and industrial welfare of the citizens of this state as he may deem to be of interest and benefit to the public, and shall also perform the duties of mine inspector as prescribed in chapter one hundred and three; and shall have the powers and perform the duties in relation to the public printing that are set forth in chapter one hundred and nine. The assistant commissioner shall perform the duties of the commissioner in his absence from office or in case of a vacancy therein.

1899, c. 373, ss. 3, 4; 1899, c. 622, ss. 1. 2; 1901, c. 280, s. 2; 1901, c. 401, s. 2; 1897, c. 251.

3911. Official reports. The commissioner shall annually publish a report, embodying therein such information and statistics as he may deem expedient and proper, which report shall be printed and paid for by the state just as the reports of other public officers are printed and paid for. The number of copies of such report to be printed to be designated by the commissioner. The distribution of the reports will be paid for from the general fund and not from the appropriation. The commissioner shall send or cause to be sent a copy of the report to every newspaper in this state and a copy to each member of the general assembly; a copy to each of the several state and county officers; a copy to each labor organization in the state and a copy to any citizen who may apply for the same either in person or by mail, and he may also send a copy to such officers of other states and territories and to such corporations or individuals in other states and territories as may apply for the same or as he may think proper. He shall also make a full report to the governor as other state officers are required to do, embodying therein such recommendations as he may deem calculated to promote the efficiency of his department.

1899, c. 373, s. 6.

3912. Appropriation. For carrying out the provisions of this chapter and for the payment of the salaries of the commissioner and assistant commissioner, the sum of three thousand and five hundred dollars annually is hereby appropriated, to be paid by the state treasurer out of any funds not otherwise specifically appropriated.

3913. Board of, created; election of members. There shall be elected by the general assembly five electors who shall be styled The Board of Public Charities of the State of North Carolina. The members of such board shall be elected as and when the terms of office of the present members of such board respectively expire, and the members shall hold their offices for two years. Such elec

tion shall be by the concurrent vote of the general assembly. Appointment to fill vacancies in the board arising from any cause whatsoever, except expiration of term, may be made for the residue of such term by the governor.

Code, s. 2331; 1868-9, c. 170, s. 1.

3914. Meetings; duties; expenses. The board shall hold regular meetings on the first Tuesday in January, April, July and October, and as often besides as they may deem needful. They shall make such rules and orders for the regulation of their own proceedings as they may deem proper. They shall investigate and supervise the whole system of the charitable and penal institutions of the state, and shall recommend such changes and additional provisions as they may deem needful for their economical and efficient administration. All office expenses and the printing of necessary blanks shall be paid by the state treasurer upon the warrant of the auditor. Code, s. 2332; 1891, c. 491; 1870-1, c. 106.

3915. Reports on crime, vagrancy and pauperism. The general condition of the state as affected by crime, vagrancy and pauperism shall also come under the view of the board, and it shall be their duty to report to the general assembly when, in their judg ment, it may become needful for the erection of the several reformatory institutions, whose organization is provided for in article eleven of the constitution.

Code, s. 2333; 1868-9, c. 170, s. 3.

3916. Reports on mental and physical infirmities. The board shall also give special attention to the causes of insanity, defect or loss of the several senses, idiocy and the deformity and infirmity of the physical organization. They shall, besides their own observation, avail themselves of correspondence and exchange of facts of the labors of others in these departments, and thus be able to afford the general assembly data to guide them in future legislation for the amelioration of the condition of the people, as well as to contribute to enlighten public opinion and direct it to interests so vital to the prosperity of the state.

Code, s. 2334; 1868-9, c. 170, s. 4.

3917. Reports on jails and almshouses. Personal visits may be required by the board of one or more of its members, or otherwise, to make careful investigation into the condition of the several county jails and almshouses, and the treatment of their unfortunate inmates, and report on these points, so that section six, article eleven of the constitution, may be enforced.

Code, s. 2335; 1868-9, c. 170, s. 5.