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Session Laws, 1904
Volume 209, Page 583   View pdf image
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EDWIN WARFIELD, ESQ., GOVERNOR.

583

directors shall be had at said January meeting or any ad-

To report in

journed meeting until said report has been read and considered.

writing.

and the report shall be copied in full upon the minutes of the

 

members' meeting to which it has been submitted.

 

11. The secretary shall give twenty days' notice of all an-

Secretary to

nual and special meetings by advertisement in at least two

publish notice
of meeting.

weekly papers published in Harford County, and if for any

 

reason, any members' meeting shall not be held at the ap-

 

pointed time, it shall be held at such early subsequent date

 

as may be fixed by the board of directors after similar notice.

 

Special meetings of the members may be called at any time

 

by the president or the board of directors and upon the

 

written request of twenty or more members, the president

 

must forthwith call a special members' meeting.

 

12. At all members' meeting's each member present in per-

 

son or by proxy shall be entitled to one vote for each policy

Entitled to

held by him, but no director or officer of the company shall

vote.

solicit or vote proxies at any members' meetings.

 

13. If any member shall fail to pay in advance the annual

failure to

cash cost of his policy he shall be excluded from all benefit

pay in ad-

of his insurance, but at the same time shall be held liable for

 

contribution for any losses incurred by the company during

 

the time he is so in default.

 

14. The members of the company shall have the power to

 

pass by-laws prescribing the duties of the president, secretary

Duties of pres-

and other officers, and providing for the appointment of agents

ident, etc.

and solicitors, fixing of rates, and for all the other business

 

of the corporation. The directors shall have the power to pass

 

by-laws which shall be valid and subsisting until the next

 

annual members' meeting.

 

15. Whenever it shall be found necessary by the board of

 

directors to make an assessment to pay a loss or losses for

issessment to

which the company may be liable, it shall be their duty to as-

pay a loss.

certain the amount so to be raised and the proportion thereof

 

to be paid or contributed by each policy, and to notify each

 

member of his proportion, and if at the end of sixty days from

 

the date of said notice any member shall have failed to pay his

 

contribution, it shall be lawful for the board of directors, by

 

filing in the office of the Clerk of the Circuit Court of the county

 

where the property so insured for such defaulting member

 

is situated an account or statement of the amount due by him,

 

verified by the oath of the secretary of the company, to cause

 

execution to issue for the amount so due, together with the

 


 
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Session Laws, 1904
Volume 209, Page 583   View pdf image
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