THOMAS G. PRATT, ESQUIRE, GOVERNOR.

1846.

Sec. 9. And be it enacted, That whenever a loss shall
occur which the said company are liable to pay, it shall

be the duty of the directors at their next meeting after

they shall have been notified of said loss, to cause an ac-
curate statement to be made of the proportion or sum to
be contributed by each member, to make good the said
loss to the person having sustained the said loss, and
notify the members of said corporation of the same; and
if at the expiration of sixty days from the dale of such
notice, any member of said corporation shall have failed
to pay his contribution aforesaid, it shall be lawful for
the said board of directors to enforce the collection of
the same, in the manner hereinafter provided.

CHAP. 118.

If a loss occur,
each member
to contribute.

SEC. 10. And be it enacted, That any guardian of any
infant may insure any houses or buildings which the
ward or wards of such guardian may own, either jointly
with others or in severally; and such insurance to have
the same lien and to have the same effect in all respects,
as if such minor or minors were of full age, and had made
such insurance him, her or themselves.

Guardian of
my infant may
insure, &c.

SEC. 11. And be it enacted, That the said company
shall have, and is hereby invested with full power and '
authority, to make any by-law or by-laws, whereby any
member of the said company failing to pay the interest
on his, her or their premium note or notes, according to
the constitution and by-laws of the said company, may
be excluded from all benefits of insurance, and at the
same time held liable to contribution in case of loss by
others, during all the time he, she or they may be so in
default, any law or statue of this State to the contrary
thereof in anywise notwithstanding.

Power and
authority to
make by-laws.

SEC. 12. And be it enacted, That this corporation shall
have full power and authority to rescind or revoke any
policy of insurance by them issued, whenever they shall
deem it for the interest of said company so to do.

Power to res-
cind or revoke

SEC. 13. And be it enacted, That in all cases in which
property may be insured under this act, and when the
parly insuring may have real estate, the premium note
which may be executed by the persons insuring, shall be
secured by judgment entered up in a docket kept for that
purpose in the office of the county clerk wherein said
property insured maybe, which said party insuring, shall
either appear in person, or shall direct the clerk by an
instrument of writing signed by the said party, and at-
tested by one witness, to enter up judgment for the
amount of his, her or their premium note, and which
judgment shall be a lien on the real estate of the party so
insuring; for entering up which judgment, the clerk of

Property in-
sured — premi-
um note secur-
ed by judgmn't.