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chap. 297.
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that sum by payments or by losses and expenses, and
every holder of a policy or policies not marked off the
premiums on which shall amount to one hundred dollars,
and made directly in his own name, or in the name of the
firm of which he is a partner, shall be entitled to one vote
at all elections of directors and meetings of the company;
every holder of such certificate or certificates of stock
and profits, or either, amounting to three hundred dollars,
or of a policy or policies as aforesaid, the premiums on
which either separately, or together with the certificated
of such holders amount to three hundred dollars, shall be
entitled two votes; every holder of such certificate or cer-
tificates amounting to one thousand dollars, or of a policy
or policies as aforesaid, the premiums on which either
separately or together with the certificates of such holder
amount to one thousand dollars, shall be entitled to three
votes; every holder of such certificate or certificates
amounting to fifteen hundred dollars, or of a policy or poli-
cies as aforesaid, the premiums on which either separately
or together with the certificates of such holder amount to
fifteen hundred dollars, shall be entitled to four votes;
and every holder of such certificate or certificates amount-
ing to two thousand dollars, or of a policy or policies as
aforesaid, the premiums on which either separately or to-
gether with the certificate of such holder amount to two
thousand dollars, shall be entitled to five votes; and every
holder of such certificate or certificates amounting to five
thousand dollars, or of a policy or policies as aforesaid,
the premiums on which either separately or together with
the certificates of such holder, amount to five thousand
dollars, shall be entitled to ten votes; and every holder of
such certificate or certificates amounting to ten thousand
dollars, or of a policy or policies as aforesaid the premi-
ums on which either separately or together with the cer-
tificates of such holder amount to ten thousand dollars,
shall be entitled to fifteen votes; and no person shall be
entitled to more than fifteen votes; votes may be given by
proxy.
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Those entitled
to vote consi-
dered mem-
bers.
First meeting
of stockhold-
ers on first
Monday of
February.
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Sec. 5. And be it enacted, That all holders of certifi-
cates or policies who are entitled to vote as aforesaid shall
be considered members of the company.
Sec. 6. And be it enacted, That the first meeting of
the company for the election of directors shall be held on
the first Monday of February eighteen hundred and forty-
six; and annually thereafter on the same day in every year
a similar meeting shall be held for the same purpose, no-
tice of said meetings shall be given in two daily news-
papers, printed in the city of Baltimore, at least ten days
previously to such meeting.
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