appear necessary and convenient for the govern-
ment of said Corporations, not being contrary to
this Charter or the laws 'of the United States or of
this State generally to do and transact all such
matters and things as shall to them lawfully ap-
pertain to do, and transact for the well being of
said Corporation, and the due management and
ordering of the affairs thereof.

Object of
Corporation.

Sec. 2. And be it enacted, That the object and
business of said Corporation shall and is hereby
prescribed to be the insurance of their respective
dwelling houses, stores, barns, shops and other
buildings, household furnitures, goods and chattles
and other property against loss or damage occa-
sioned through any unavoidable accident by fire.

Persons in-
suring to be
members.

Sec. 3. And be it enacted, That all persons
who shall hereafter insure with the said Corpora-
tion, and also their executors, administrators or
assigns continuing to be insured in said Corpora-
tion as is hereinafter provided, shall thereby be-
come members thereof during the period they
shall remain insured by said Corporation and no
longer.

Affairs—how
managed.

Sec. 4. And be it enacted, That the affairs of
said Corporation shall be managed by a Board of
Directors, consisting of seven members to be elect-
ed and chosen as hereinafter provided, which
Board shall appoint from their own members, one
person as President, who shall act as surveyor and
Secretary until the Board shall otherwise deter-
mine; they shall also appoint one person as Trea-
surer, of whom they shall require such security as
may be provided for in the by-laws and shall have
authority to appoint other officers and employ
such clerks, agents and attorneys as may be found
necessary for the transaction of the business of
said institution, and shall also determine the rates
of insurance, the sum to be insured and the sum to
be deposited for any insurance, and a majority
of said Directors shall constitute a quorum to do
business.

First Board
of Directors.

Sec. 5. And be it enacted, That the said Joseph
Garver, Daniel Mentzer, Frederick K. Zeigler,
P. B. Small, John Strite, John Richard and John
Zeiler, shall constitute the first Board of Directors