[Ord. 8-20-1951, § 1; Ord. 97-35, 10-20-1997, § 1]
Pursuant to the provisions contained in 65 Illinois Compiled Statutes 5/11-10-2, there shall be elected biannually by ballot, from the active firemen of the Village, at which election all active firemen of the Village shall be entitled to vote, three firemen to constitute a board to be known as the fire department board of the Village. Such board shall designate one of their number as President, another as secretary, and a third as treasurer; provided, however, that in lieu of appointing a treasurer, the Finance Director may be designated as ex officio treasurer of the board. In the event that a person other than the Finance Director is appointed treasurer, he shall give a sufficient bond to the Village, which bond shall be approved by the President, conditioned upon the faithful performance by the treasurer of the duties of his office, as required by law.
[Ord. 8-20-1951, § 1]
In the event of the failure, resignation or inability of any member of the fire department board elected under the provisions of the preceding section to serve, the successor to each member shall be elected at an election which shall be called by the board, and shall be conducted in the same manner as the biannual election. Each member shall hold his office until his successor is duly appointed and qualified.
[Ord. 8-20-1951, § 1; Ord. 97-35, 10-20-1997, § 1]
The fire department board shall make all needful rules and regulations with respect to the department and the management of the money to be paid to the treasurer. The Finance Director shall pay to the treasurer of the fire department, or shall set aside, all sums received by the Village from foreign fire insurance companies as provided by law and all such monies so received from foreign fire insurance companies shall be paid out upon the order of the fire department board for the maintenance, use and benefit of the fire department.
[1943 Code, § 500.01]
It shall be unlawful for any corporation, company or association, not incorporated under the laws of the state, to engage in the Village in effecting fire insurance or to transact any business of fire insurance in the Village while in default by not fully complying with the requirements of this article, and such disability shall continue until such requirements shall have been fully complied with; but this provision shall not relieve any company, corporation or association from the payment of any risk that may be undertaken in violation of the provisions of this article.
[1943 Code, § 500.02; Ord. 97-35, 10-20-1997, § 1]
Any corporation, company or association not incorporated under the laws of the state which is engaged in the Village in effecting fire insurance shall annually pay to the Finance Director, for the maintenance, use and benefit of the fire department of the Village, a sum of money equal in amount to 2% per annum of the gross receipts received for premiums by any and all agents of any such corporation, company or association during the year ending on July 1 for any insurance effected or agreed to be effected in the Village by or with any such corporation, company or association during such year.
[1943 Code § 500.03; Ord. 97-35, 10-20-1997, § 1]
Every person acting as agent for or on behalf of any corporation, company or association subject to the tax levied by this article shall, on or before July 15 of each and every year, render to the Village Clerk a full, true and just account, verified by his oath, of all premiums which, during the year ending on July 1 preceding such report, shall have been received by him or any other person for him in behalf of any such corporation, company or association. Such agent shall also, at the time of rendering the aforesaid report, pay to the Finance Director the sum of money for which such company, corporation or association represented by him is chargeable by virtue of the provisions of this article.
[1943 Code § 500.04]
The sum of money for which such company, corporation or association is chargeable under this article may be recovered of it, or its agent or agents, by an action in the name of and for the use of the Village, as for money had and received.
Nothing in this section shall be held to exempt any person, corporation, company or association from indictment and conviction under the provisions of 65 Illinois Compiled Statutes 5/11-10-1 et seq.
[1943 Code § 500.05]
No insurance broker in the Village shall place any insurance with any company, association or corporation not incorporated under the laws of the State, which shall be in default for not reporting or making payment as hereinbefore provided, until it shall have complied with all the requirements of this article.