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THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.
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1835.
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present capital stock of the company now paid in, es-
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timating therein all the assets of the company; which
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CHAP. 229
Authority
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they shall certify Binder their hands, to the said Presi-
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dent and Directors, for the purposes of the preceding
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section; And in the discharge of this duty the said ap-
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praisers shall have, at all times when required by them,
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access to the books and papers of said company: And
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before proceeding to make the said valuation to ap-
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praisers, shall make the following oath or affirmation:
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I, A. B. do solemnly swear, or affirm, that I will truly
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Oath
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and justly, without partiality, examine the books and
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papers of the Baltimore Fire Insurance Company, and
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certify to the President and Directors thereof, to the
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best of my skill and judgment, the true and actual
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value of the capital stock of said company, which cer-
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tificate when returned under oath as aforesaid, shall be
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Record
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filed among the records of proceedings of said com-
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pany.
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SEC. 11. And be it enacted, That separate stock lists
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Separate stock
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shall be kept of the 'stock of this company, designating
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lists
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the stock held by the respective fire companies and their
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members, and the stock owned by others not members
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of any fire company, distinguishing the stock owned
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by the present proprietors or their assigns of the twenty
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thousand reserved shares.
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SEC. 12. And! be it enacted, That no director of any
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Qualification
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other fire insurance company shall be a director of
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this, and should any director of this company be elected
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a director of any other fire insurance company, his ac-
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ceptance of that appointment shall ipso facto disquali-
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fy him from continuing a director of this company.
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SEC. 13. And be it enacted, That every member of
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Of five per cent—
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any of the fire companies, associated with this charter,
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privilege of members
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and every stockholder shall be entitled to effect insur-
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ance at a discount of five per cent, less than other per-
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sons, upon producing to the satisfaction of the direc-
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tors, a certificate of his right of membership in such
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company.
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SEC. 14. And be it enacted, That in case of death,
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Case of vacancy
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resignation. or disqualification of the director, from
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any of the fire companies, the place of such director
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34
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