PHILIP P. THOMAS, ESQUIRE, GOVERNOR.

1849.

SEC. 3. And be it enacted, That any member of
the said association, who has not previously received
the benefits assured to each member thereof, shall
have full power to withdraw therefrom at any time,
by making application in writing to the proper officers,
who shall, within one mouth thereafter, or so soon as
the necessary sum is in the treasury, return to the
member so applying the amount of his deposits, after

deducting therefrom the entrance fee, the amount of
fines imposed upon him by reason of the non-fulfil-
ment of his duties to the time of making such appli-
cation, any arrearages of assessments that he may
then owe to the association, of which he is a member,
and a fair proportional part of the losses to that time
sustained by the association, and of the expenses in-
curred in the management of the affairs of the asso-
ciation.

CHAP. 200.

Withdrawal.

SEC. 4. And be it enacted, That it shall and may
be lawful for the directors of the association to require
and receive from any member applying for benefits,
according to the provisions of the constitution of such
association, security in the form of a mortgage, or
other .evidence of debt, at their option, for the true and
faithful discharge of his duties as benefited member,
and upon refusal or neglect on the part of a member
so applying, to provide and give such security, to
withhold from him all benefits until such security is
given, or until he becomes thereto entitled by the
provisions of such constitution, without giving secu-
rity.

Duties of pres-
ident.

SEC. 5. And be it enacted, That all persons at any
time members of said association, and who may not0
have withdrawn therefrom, in accordance with the
third section of this act, shall be jointly responsible
to the other members thereof, for the benefits to which
they may become entitled, by the provisions of this
act, or by the constitution and bye-laws of the asso-
ciation.

Responsibility
of members.

SEC. 6. And be it enacted, That the said associa-
tion shall have and are hereby invested with full
power and authority to make any bye-law or bye-laws,
whereby any member thereof failing to pay the assess-
ments, according to the constitution and bye-laws of
the association, until the fines imposed for such ne-
glect or refusal, equal in amount the entire sum of
the assessments paid in by such member, may be ex-
cluded from all and every benefit that he might other-
wise have become entitled to.

Corporate
powers.