Any such corporation, company or association not incorporated under the laws of the state, which is engaged in the village in effecting fire insurance, shall pay the Village Treasurer 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 as premiums upon fire insurance policies by any and all agents of such corporation, company or association during the year ending on July 1 in each year, for any insurance effected or agreed to be effected on property located in the village by or with such corporation, company or association during such year.
(Prior Code, § 36-1-2)