REPORT OF THE COMMISSIONER OF INSURANCE.


such experts as they may deem advisable for such purpose.
Every such company shall v         also file with the secre-
tary of the said board, specific rates for each risk or class of
risks provided for and derived from its general basis sched-
ules, for each city, town or municipality in this State, and
specific rates for each special risk, or class of risks, outside
o{ cities, towns or municipalities, provided for and derived
from its general basis schedules    i *
CHANGE OF RATE.
Sec. 4. * i      no change shall be made in the schedule
or specific rates and rates of commission thereon, which
have been filed in compliance with the requirements of this Act,
except after thirty days' notice by mail to the secretary of
said Board, which notice shall plainly state the changes pro-
posed to be made in the schedules or specific rates thereunder
in force and the time when such changes will go into effect;
and such changes shall be shown by filing new schedules or
specific rates  * '    or shall be plainly indicated on the
schedules or specific rates in force at the time; provided that
said Board may, in its discretion and for good cause shown,
-allow changes to be made upon notice for a shorter period
RATES TO BE REASONABLE
See. 5.    * *   when said Board shall, after notice to
parties concerned and hearing in the manner provided in this
Act, determine that any rate made by any company in this
State is excessive or unreasonably high, it is authorized to
direct said company to publish and file a lower rate, which
shall be commensurate with the character of the risk, but in
every case the rate shall be reasonable, and when the rate
is so determined by the said Board, unless set aside in a.
judicial action against the said Board brought in the manner
provided in this Act, such rate shall be binding on the com-
pany, and it shall be unlawful for the company to collect a
a higher premium rate  * *   ** The said board shall have
the power, at its discretion, to have prepared and publish for
the information of the public, specific schedules of fire, tor-
c-Ins.-I