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eighty-eight, and until the end of the next session
of the General Assembly, which shall take place
thereafter, and that the Legislature reserves to
itself the right to alter or annul this act of Incor-
poration at pleasure.
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May accept
and exercise ad-
ditional privi-
leges.
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SEC. 19. And be it enacted, That a majority in
amount of the whole number of stockholders may
in their discretion accept and exercise any addi-
tional powers and privileges which may at any
time be conferred upon this company either by
amendments of this act or by any other act here-
after to be passed.
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Insurance to
be paid within
thirty days.
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SEC. 20. And be it enacted, That every house
insured by this company that is destroyed by means
of fire from the first floor upward shall be deem-
ed as demolished, and it shall be lawful for the di-
rectors in such case to order the money insured
thereon to be paid within thirty clays after the no-
tice given of the loss as aforesaid.
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In case of par-
tial destruction
award how to
be determined.
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SEC. 21. And be it enacted, That in case of a
partial destruction by fire the loss shall bo deter-
mined by assessors appointed as follows: the per-
son whose property is insured shall have the privi-
lege of selecting one disinterested person, and in
ten days thereafter the board of Directors of the
company shall select another, should these two
persons disagree in their valuation of a loss, they,
shall select another disinterested person, and the
award of a majority shall be final, and the com-
pany shall pay the same within sixty days after the
date of their award.
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