414 SIXTY-FIFTH CONGRESS. Sess. I. C11. 106. 1917. ally of enemy insurance or reinsurance company, an in this ,b'f$f'£._tE"}.,‘E;,,"}'§;{€“ Act to the contrary notwithstanding. _It shall be for any enemy or ally of enemy insurance or reinsurance company, to whom license is granted, to transmit out of the United States any funds belonging to or held for the beneht of such companty or to use any such imds as the for the establishment direc y or indirectly of ang credit within or outside of the United States to, or for the Tm mum- beire t of, or pin pellialltf of, or opf accoflmt of, an erperpuygex ally og gnemy. B, ora erio 0 f ydays tertee assageo t ct,an er l>u¤$¤g; sitgminmy pendingliahe entry of such order by the President, after application made within such thirty days by any enemy or ally of enemy, other than an insurance or reinsurance company as above provided, 1t shall be lawful for such enemy or ally of enemy to continue to do business in this country and for any person to trade with, to, from, for, on account of, on ehalf of or for the benefit of such enem or ally of enemy, anything in this Act to the contrary notwithstanding:
mw§aLmd, Pravi;led,a7{10we·vei*, That the provisions of iielctions phree and sixteen
•‘>*¤¤¤·¤¤'¤ hereo sh —app y to any act or attemp act 0 transmission or ii·»”•‘Z’1if4¥T transfer of money or other fproperty out of the United States and to the use or attempted use o such money or proper? as the b8SlB· for the establishment of any credit within or outsi e of the United States to, pi- for} the benefit of, or on behalf of, or on account of, an enemy or y o enem . · wic¢$¤ui1f¥•¥sei’i°-$kif°viE If no license is apphqed for within thirty days after the passage of
- 1- · t.hlisctA1ct,orifahcenseshaHbemfusedtoanycne:5ni1yorallyofene1i1y,-
w er insurance or remsurance compan or o er on making Am P m_ application, or if anyflicense gratrlr-ted sha1H’be revcilregclgrshtllilei PK P·»¤.' Ins. - dent, e provisions o sections ee an sixteen ereo o _ P with apply to all trade or to any attempt to trade with, to, from, for, _ by, on account of, or on behalf of, or for the benefit of such company €§'§§'h}$m,:¤,mt or other person: Provided, however, That after such refusal or revo- °‘¤°.'¤*°¤*° '°*°°·°°°-· cation, anything in this Act to the contrary notwithstanding, it shall be lawful afar af policyhcildieg or for an msurlance coxgpanyg not an enem or o enemy 0 mg msurance or_ aving e ecte_ remsurance gi or with such enemy or ally of enemy insurance or remsurance company, to receive payment of, and for such enemy or_ ally of enemy msurance or remsurance com any to pay any premium retulrinhpremggiméillaatlmlg Eprgey, ogmolther propergy due or i,,,,,,,,,, w c may ec r m res c msurance r reinsur-
- 15 $i?g**· co ance in force at the date of such reipugal or revocation of license; and
cum, ,0, ,,,,,,,.,,,.,, nothing in this Act shall vitiate or nullify then existinghpolicxes or may wd by ¢¤s¤>· contract? of or reinsurance, or the conditions thereof; alrid any suc o cy o er or insurance company, not an enemy or a y of enemy,phaving any claim to or upon money or other property of S t wmmd the eréemy or ally lof Fnimyxhinsuranco or reinsu§lancei;lompa1}y in the ‘“ ‘ custo or contro 0 the `en propert custo `an erema ter provided gw, or of the Treasurer of the United States,,may make agpli- ,»,,,,,,,_ m_ cation for the pay;nent thereof and may institute suit as provid in section nine hereo . ¢£zi¤5€`»ii».€4ji]i>lriii»i1°$¤°i·li»ii (b) That. during the present war, no enemy, or ally of enem , and ’°“"°'“°‘ no partnership of which he is a member or was a member at the beginninghof the war, shall for any purpose assume or use any name other t an that by which such enemy or partnership was ordinarily lltowéi at the beginning of the war, except under 'cense from the . in m_ esi ent. mi1;i'd$¤i;;¤g:;ii fvrzisn Whenever, during the [present war, in the oplinion of the President ‘°s'"“° pm the public safety or pub c interest requires, the President may prohibit any or all fore1gn insurance companies from doing business in the United States, or the President may license such company or companies to do business upon such terms as he may deem proper.
