Chap. 135.—An ACT to incorporate the Atlantic District Mutual Live-Stock JIn-
surance Association.

Approved March 10, 1902.

1. Be it enacted by the general assembly of Virginia, That Doctor
T. T. Taylor, W. H. Miles, Samuel J. Revell, and Levin H. Revell, and
all those who may be hereafter associated with them in the manner
hereinafter provided, and their successors, be, and they are hereby, de-
clared to be a body constituted and corporated by the name and style of
the Atlantic District Mutual Live-Stock Insurance Association, of
Accomac county, Virginia, and by that name may sue and be sued, plead
and be impleaded, within all the courts of law and equity in this Com-
monwealth or elsewhere, and have perpetual succession and use a com-
mon seal; to alter or renew the same at pleasure; to acquire, hold, and
convey property, both real and personal—the amount of real estate ac-
quired and held not to exceed fifty acres; to ordain and publish such
by-laws, ordinances, and regulations as they think proper and wise, and
to do every act and thing necessary to carry into effect the objects and
designs of this corporation: provided, that such by-laws, ordinances,
regulations, or acts be not inconsistent with the laws of this State or of
the United States.

2. The object of this company is to assist by pecuniary contributions
anv member that may lose any live stock upon which is held a certificate
of insurance of this company.

3. That E. Jeff Marshall, Peter E. Shields, J. Will Thornton, L. Y.
Thornton, and W. A. Hurley shall be the directors of said company until
otherwise appointed by the members; that Doctor T. T. Taylor shall be
president, W. H. Miles vice-president, Samuel J. Revell secretary, and
Levin H. Revell treasurer, and J. J. Timmell, N. B. Conquest, and L. J.
Thornton the board of appraisers. All of said officers shall continue in
office until their successors are duly elected and qualified. In case of a
vacancy in office of any officer from any cause, the remaining directors
may elect others to fill their places until a meeting of the members shall
be held. Five of said directors shall constitute a quorum for any and
all business of said company.

4. There shall be an annual meeting of the company for the election of
officers and directors at such time and place as the members in a general
meeting may appoint. The president, vice-president, secretary, and
treasurer shall be president, vice-president, secretary, and treasurer of
the board of directors, and at the annual meeting of said company for
the election of officers a majority of the members thereof, in person or
represented by proxy, shall constitute a quorum for such mecting.

5. All persons subscribing to this charter of incorporation and pledg-
ing themselves to be governed by all by-laws, regulations, or require-
ments adopted by said company in pursuance thereof, their executors, ad-
ministrators, and assigns, and vendees continuing to be insured there-
with, shall thereby become members of said company during the time
they shall remain insured therein, or until they shall withdraw from the
company in accordance with its prescribed regulations.

6. The members of the company shall not be liable for any loss, dam-
age, or responsibility other than that each member shall be bound to con-
tribute to the necessary expenses of the company in proportion to the
amount for which his property is insured, and shall be bound to pay in
the same proportion to the proper officer of the company the losses sus-
tained by any fellow-member of the company, from natural or acci-
dental death, of any insured animal; and if any member shall fail to pay
the same when requested, in accordance with the by-laws, regulations,
and requirements of the company, the amount may be recovered, by
motion, after twenty days’ notice in writing in any court of record. The
right to repeal, alter, or amend this act at any time is hereby expressly
reserved by the general assembly.

%. This act shall be in force from its passage.