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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2977   View pdf image (33K)
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THOMAS SWANN, ESQUIRE. GOVERNOR. 639

Magruder, William B. Bowie, Hector Pumphrey,
Charles Clagett, Henry W. Clagett, George
Wheeler, Jonathan T. Walker, Charles S. Duvall,
John Simms, Wm. H. Warfield, Elbert G. Emack
and James T. Perkins and their successors, and
all other persons who may hereafter become mem-

 

bers of the corporation to be created by this Act,
are hereby created and declared to be a body poli-
tic and corporate by the name, style and title of
the "Mutual Fire Insurance Company in Prince
George's County," and by the same name shall
have succession and shall be able to sue and be
sued, plead and be impleaded, answer and defend
and be answered and defended in all courts of law
and equity in this State or elsewhere, to have,
make and use a common seal, and the same to
break, alter and renew at their pleasure, and shall
have full power and authority to make insurances
on any kind of property against loss and damage
by fire, to provide for the keeping and investment
of any funds or assets that may become the pro-
perty of the Company, and generally to transact,
execute and perform all such business as may ap-
pertain to a Fire Insurance Company, not being
contrary to this Act or the Constitution and laws
of this State or of the United States ; provided,
however, that nothing in this Act shall be con-
strued to grant banking privileges to the said
Company, or the right to issue any note of the
nature of a bank note.

Name.

Sec. 2. And be it enacted, That it shall be the
duty of the Secretary of the said Company to keep
a book containing a copy of this Act, and of such
constitution and by-laws of the said Company as
may be established, and that all persons who may
wish to become members of the said Company
shall be required to express in writing, at the foot
thereof, their assent thereto, which expression of
assent, and the payment of such fees, charges or
premiums as may be demanded by the proper offi-
cers of the corporation, shall constitute such per-
sons members of the said Company, and as such,
shall be bound by all the rules and regulations of
said Campany, as contained in this Act, and in
the constitution and by-laws of the said Company,
and every person or persons or corporation which

Keep books.



 

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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2977   View pdf image (33K)
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