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PHILIP F. THOMAS, ESQUIRE, GOVERNOR.
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1849.
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created and made a body politic and corporate, by the
name and style mentioned in the preamble to this act,
and by its name shall have succession for twenty
years, and shall be capable by law to hold and dis-
pose of property, to sue and be sued, to plead and be
impleaded, answer and defend and be answered and
defended in all courts of law and equity, in this State
or elsewhere, to receive and make all deeds, trans-
fers, contracts, covenants, conveyances and grants
whatsoever, to have and to make and use a common
seal, and the same to break, alter and renew at plea-
sure, and generally to do every other act or thing
necessary to carry into effect the provisions of this act
and promote the object and design of the said corpora-
tion.
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CHAP. 551.
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SEC. 2. And be it enacted, That it shall be the du-
ty of the secretary of said association to keep a book
containing a copy of this act, and of such constitu-
tion and bye-laws as may be established for the
government of said association, and that all persons
who may be elected members thereof shall, upon
signing their names thereto, and upon payment of
such fees, charges and premiums, as may be demand-
ed by the proper officers of said corporation, be con-
stituted members of the said association, and as such
shall be bound by all the rules and regulations there-
of as contained in this act, and in the constitution
and bye-laws of the said association.
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Duty of secre-
tary.
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SEC. 3. And be it enacted, That it shall and may
be lawful for the directors of the said association to re-
quire and receive from any member applying for
benefits according to the provisions of the constitu-
tion of said association, security in the form of a mort-
gage or other evidence of debt at their option, for the
true and faithful discharge of his duties as benefitted
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 said constitution without giving any se-
curity.
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Security to be
given.
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SEC. 4. And be it enacted, That all persons at any
time members of said association, and who may not
have withdrawn therefrom in accordance with the
provisions of its constitution, shall be jointly respon-
sible 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 said
association.
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Responsibility
of members.
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