All corporations, companies, and associations not incorporated under the laws of this state, which are engaged in this municipality in effecting or soliciting fire insurance, shall pay to the Village Treasurer on July 15 of each and every year a sum equal to 2% of the gross receipts of premiums received by such corporations, associations, or companies, or their agency agent(s) for business effected or transacted for fire insurance within this village for the year preceding July 1. The sum above named shall be as a tax or license fee upon all such corporations, companies, or associations transacting said business within this village.
(Prior Code, § 36-2-1)