1903. III EDWARD VII. Cap. 17.

are issuing no new policies, they shall be exempt from such additional tax or license fee and shall only be assessed on their real and personal property.

74. The said annual tax or IicenSe fee of every company, association or agency, shall become due and

Agent of Compan

payable on the first day of June in each year, and ficmnaly

the agent or manager of any company or association which has not been incorporated by the Legislature of P1ince Edwaid Island, shall be personally liable for the license fee payable by the company or associ- ation of which 'he is agent or manager, and also for the rates and taxes payable in respect of the assess- ment on its real estate and personal property as if he had been assessed therefor personally, but nothing herein contained shall prevent the City Collector from enforcing the payment of the license fee, rates and taxes due by any company or association in manner hereinafter provided. Provided that every such company, association or agency commencing business after the first day of January and before the first day of June in any year shall be liable to pay, and shall pay forthwith the said annual tax or license fee, and any such company, association or agency commencing business after the first day of June in any year shall be liable to pay and shall pay forthwith the half of said annual tax or license fee for the then current year.

75. The annual tax or license fee or the half of said annual tax or license fee, as the case may be, payable by every such incorporated or joint stock Bank, Life, Marine or Fire Insurance Company or Association, Accident and Guarantee Company and Plate Glass Insurance Company or Association may be recovered at the suit of and in the name of the City Collector 1n the City Court of said City, 01 other Court of competent juiisdiction. And pro- ceedings for the recovery of any such tax or license fee, shall be taken against any such Bank, Company,

able

Proviso

Who may sue