EDWIN WARFIELD, ESQ., GOVERNOR.

1281

SEC. 9. And be it further enacted, That the said company
shall have authority and may take insurance on any kind of

CHAP. 759

property against loss or damage occasioned by lightning,
whether fire shall result therefrom or not, and may make
such by-laws and regulations concerning liability for loss or
damage by lightning as may be deemed necessary.
SEC. 10. And be it further enacted, That the board of
directors shall make such by-laws not inconsistent with this

Authority to
Insure
against
lightning.

charter or the laws of the State of Maryland as they may
deenr necessary to conduct the affairs of the company, and
shall have power to alter and amend the same; and the
said by-laws, and every amendment thereof, shall be binding
upon all members of said company; in case any vacancy
occurring in the board of directors, the same shall be filled
by selection of the remainder of the board, to serve for the
unexpired term.
SEC. 11. And be it further enacted, That it shall be the

Authority to
make by-
laws, etc.

duty of the president, whenever required in writing by not
less than twenty members of the company other than the
directors, to call a general meeting of the members, by
giving notice as in cases of election for directors, for the
transaction of such business as may be specified in the said
written requisition; and any resolutions or proceedings
passed or had at such meeting by not less than two-thirds
of the members who shall be present shall be binding on
the president and directors and members of the company.
SEC. 12. And be it further enacted, That the board of

General
meeting
called.

directors shall have power to regulate the time and duration
of all its policies and the rates of insurance; to provide for
the payment of all losses and expenses incurred by said
company; and the president and secretary shall sign all
policies of insurance issued by the company; and in the
absence of the president the vice-president shall perform
the duties of president.
SEC. 13. And be it further enacted, That every member of
this company who shall sustain loss or damage by fire or

Power to
regulate the
duration of
policies, etc.

lightning shall give notice thereof to the secretary of the
company at his office within thirty days from the date of
such loss to the end that they may inquire into the same ;
and the said president and directors shall direct the proper
appraisers to view the premises and determine the loss
actually sustained and make report within ten days after

Notice given
of loss or
damage by
fire, etc.