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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2979   View pdf image (33K)
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THOMAS SWANN, ESQUIRE, GOVERNOR. 641

Company, and the cancelling of the insurance or
insurances for which they were given as premiums,
under such regulations as the said. President and
Directors may establish, and in case of refusal or
neglect to pay such notes or evidences of debt,
either wholly or in part, whenever and as often as
may be demanded by the President and Directors
of the said Company, the said President and Di-
rectors may proceed to collect the same or any part
thereof in the same manner as in the foreclosure
of a mortgage on real estate, the said notes or

 

evidences of debt to be held and deemed as a
mortgage on such real estate ; provided always,
that this Section shall be of full force and effect in
law, only when the said promissory notes or other
evidences of debt as aforesaid shall be recorded
within ten days from the date thereof in the office
of the Clerk of the Circuit Court of the county
where the same shall appear on the face thereof
to be made, or in the office of the Clerk of the
Supreme Court of Baltimore, when the same shall
appear to have been made there.

Evidences of
debt.

Sec. 5. And be it enacted, That Charles C. Hill,
John T. Hardesty, Samuel Peach, James Mulli-
kin, Samuel L. Brooke, Thomas E. Berry, Staley
N. Magruder, Henry L. Carlton, C. C. Hyatt,
Nathan Masters, P. H. Heiskill, John E. Bowie,
Francis Tolson, John H. Bayne, Joseph W. Par-
ker, Leonard H. Barley, John W. CofFren, John
D. Bowling, Richard D. Burrough, Samuel H.
Berry. William B. Hill, James B. Belt, George
W. Wilson, C. C. Magruder, William B. Bowie,
Rector Pumphrey, Charles Clagett, Henry W.
Clagett, George Wheeler, Jonathan T. Walker,
Charles S. Duvall, John Simms, W. H. Warfield,
Elbert G. Emack and James T. Perkiris, are here-
by created Directors of the said Mutual Fire Insur-
ance Company in Prince George's County until
the first Monday in January, eighteen hundred
and sixty-nine, and until their successors shall be
elected as hereinafter provided for, and such of
them as shall be present at the first meeting shall

Directors.

proceed to organize the Company by electing a
President and Secretary thereof, and as soon there-
after as practicable adopt a form of Constitution
and by-laws, to provide the necessary books, and
otherwise prepare the Company for transaction of
41

President and
Secretary.



 

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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2979   View pdf image (33K)
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