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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 3318   View pdf image (33K)
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ODEN BOWIE, ESQUIRE, GOVERNOR. 779

fore any person or persons shall become a member
or members, or a new policy on the mutual prin-
ciple be issued to any old member, such person or
persons shall deposit cash in advance, or execute
his note to said company, for such premium as may
be required by the Board of Directors, which note
shall be secured in the manner hereinafter pre-
scribed, and shall bear interest from date, the in-
terest thereon to be paid annually in advance, at
the rate of six per cent, per annum.

 

Sec. 3. And be it, enacted, That the sixth Section
of said Act of eighteen hundred and forty-five,
Chapter thirty-seven, be and the same is hereby
amended so as to read as follows: The Clerk of the
Circuit Court for the county wherein the property
insured may be situated, shall be furnished with a
docket and index by said company, in which docket
shall be entered a, judgment by the person or per-
sons or body corporate, to the Mutual Insurance
Company of Washington County, for the amount

Furnish clerk.

of his, her or their premium note, without a decla-
ration being filed, appearance for the plaintiff
being entered, or writ issued against the party in-
suring, which said party insuring shall appear in
person, or direct the clerk by an instrument in
writing, signed by said party and attested by one
witness, to enter up judgment for the amount of
his premium note, which judgment shall be a lien
upon his, her or their real estate; and no policy
on the mutual principle shall be issued until such
judgment be entered up; and the said clerk

Premium
note.

shall enter in said index alphabetical lists of the
parties against whom such judgments are entered
up, with the names of said parties set opposite the
number of the judgments against them in said
dockets, and shall receive for entering and index-
ing said judgments the sum of ten cents for each
and every judgment so entered up, which sum
shall be paid by the party insured.

Alphabetical
lists.

Sec. 4. And be it enacted, That the seventh Sec-
tion of said Act of eighteen hundred and forty-
five, Chapter thirty-seven, be and the same is
hereby amended so as to read as follows: In case
any party insuring shall refuse to pay any assess-
ment which may be made upon his premium note,
as hereinafter provided for, it shall be lawful for

Refusal to pay
assessments.

 

 

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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 3318   View pdf image (33K)
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