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Session Laws, 1845
Volume 610, Page 167   View pdf image
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1845.

LAWS OF MARYLAND.

CHAP. 165.

Passed Feb.
26, 1846.

Incorporated.

CHAPTER 165.

An act to incorporate the Planters' Mutual Insurance
Company of Washington County.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Joseph Gabby, Jacob E. Bell, Chris-
tian Strite, David M. Good, Joseph Leiter, George L.
Zeigler, and all other persons who may hereafter asso-
ciate with them in manner hereinafter prescribed, shall
be, and they are hereby constituted and declared to be a
body politic and corporate, by the name, style and title
of the Planters' Mutual insurance Company of Wash-
ington county, and by the same name shall have perpe-
tual succession, and shall be able to sue and be sued,
plead and be impleaded in all courts of record or else-
where, and to purchase, receive, have, hold, and enjoy
to them and to their successors, lands, tenements, rents,
annuities, franchises, hereditaments, goods and chattels,
of what kind so ever, and choses in action, and the same
shall sell and dispose of from time to time; provided,
that the clear yearly value or income of the necessary
houses, lands and tenements, rents and annuities or other
hereditaments and real estate of said corporation, and of
the interest of the money loaned by it, shall not exceed
the sum of one thousand dollars, and also make and have
a common seal, and the same to alter and renew at plea-
sure, and also to ordain, establish and put in execution
such by laws, ordinances and regulations, as shall ap-
pear necessary and convenient for the government of
said corporation, not being contrary to this charter, or
the laws of the United States, or of this State, generally
to do and transact all such matters and things as shall to
them lawfully appertain to do and transact for the well
being of said corporation, and the due management and
well ordering of the affairs thereof.

Object of in-
corporation.

Sec. 2. And be it enacted, That the object and busi-
ness of said corporation shall, and is hereby prescribed
to be the insurance of their respective dwelling houses,
stores, barns, shops, and other buildings, household fur-
niture, goods and chattels and other property, against
loss or damage occasioned through any unavoidable ac-
cident by fire.

To be mem-
bers of corpo-
ration.

SEC. 3. And be it enacted, That all persons who shall
hereafter insure with the said corporation, and also their
executors, administrators or assigns, continuing to be in-
cured in said corporation as is hereinafter provided, shall



 
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Session Laws, 1845
Volume 610, Page 167   View pdf image
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