Firemen Fund Law Void.
The Supreme Court of Indiana has decided as unconstitutional the firemen fund law. The case was, Auditor of State Henderson against the London and Lancashire Insurance Company. The law was passed by the legislature of 1891 and provided that all insurance companies doing business in Indiana should pay into the county treasury in such counties where their business was transacted, and where there was a paid fire department, one per cent of their net business. This percentage was to constitute a firemen’s pension fund.