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Session Laws, 1931
Volume 580, Page 109   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR.                  109

CHAPTER 68.

AN ACT to repeal and re-enact, with amendments, Sections
1, 3, 5, 6, 7, 8, 10 and 11 of Chapter 188 of the Acts of
1847, entitled "An Act to incorporate the Mutual Fire In-
surance Company of Montgomery County" (Section 6 hav-
ing been amended by Chapter 743 of the Acts of 1912),
and to repeal Section 12 of said Chapter 188 of the Acts of
1847, amending the charter of said company generally.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 12 of Chapter 188 of the Acts of 1847,
entitled "An Act to incorporate the Mutual Fire Insurance
Company of Montgomery County, " be and it is hereby re-
pealed, and that Sections 1, 3, 5, 6 (Section 6 having been
amended by Chapter 743 of the Acts of 1912), 7, 8, 10 and
11 of said Chapter 188 of the Acts of 1847, be and they are
hereby repealed and re-enacted, with amendments, to read as
follows:

1. Edward Stabler, Dr. William P. Palmer, George E.
Brooke, Robert R. Moore, William H. Farquhar, Joseph Gil-
pin, Richard T. Bentley, Joshua Peirce, Edward Lea, Samuel
Ellicott, Henry Stabler, Francis P. Blair, and Caleb Stabler,
and their successors, and all other persons who may hereafter
become members of the corporation to be created by this Act
are hereby created and declared to be a body politic and cor-
porate, by the name, style and title of "The Mutual Fire In-
surance Company of Montgomery County, " and by the same
name shall have succession, and shall be able to sue and be
sued, plead and be impleaded, answer and defend and be an-
swered and defended in all courts of law and equity in this
State or elsewhere; to have, make, and use a common seal, and
the same to break, alter and renew at their pleasure, and shall
have full power and authority to make insurances on any kind
of property against loss or damage by fire; to provide for the
keeping and investment of funds or assets that become the
property of the company, and generally to transact, execute,
and perform all such business as may appertain to a fire,
lightning, windstorm and hail insurance company not being
contrary to this Act or the Constitution and laws of this. State. 1

3. Any member may withdraw at any time. At the expira-
tion of his policy, by not procuring an extension or renewal

 

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Session Laws, 1931
Volume 580, Page 109   View pdf image (33K)
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