An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1899/1900 |
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Law Number | 152 |
Subjects |
Law Body
Chap. 152.—An ACT to incorporate the Cross Keys home mutual fire insurance
company.
Approved January 2, 1900.
1. Be it enacted by the general assembly of Virginia, That Corney
T. Callender, Thomas P. Yager, George B. Keezell, William H. Long,
John R. Filler, Abram B. Miller, and John R. Bowman, and all others
who may hereafter be associated with them in the manner hereinafter
provided, and their successors, be, and they are hereby, declared to be
a body politic and corporate, by the name and style of the Cross Keys
home mutual fire insurance company, and by that name may sue and
be sued, plead and be impleaded with, in all the courts of law and equity
in this state or elsewhere, and have perpetual succession; to have, make
out, and use a common seal, and the same to break, alter, or renew
at pleasure; to ordain and publish such by-laws, ordinances, and regu-
lations as they think proper and wise; and generally to do every
act and thing necessary to carry into effect this act, or to promote the
ohject and designs of this incorporation: provided, that such by-laws,
ordinances, regulations, or acts be not inconsistent with the laws of
this state, or of the United States.
2. To make insurance upon the contents of dwelling-houses, stores,
barns, and all other buildings, except mills, against loss or damage by
accidental fire. ,
3. That Corney T. Callender, Thomas P. Yager, George B. Keezell,
William H. Long, John R. Filler, Abram B. Miller, and John R. Bow-
man shall be the directors of said company until otherwise appointed
by the stockholders, of whom Corney T. Callender shall be president
and Thomas P. Yager secretary; and the said president, secretary, and
directors shall continue in office until their successors are elected. In
case of a vacancy in the office of president, secretary, or director from
any cause, the remaining directors may elect others to supply their
places until a mecting of the stockholders shall be held. Four of said
directors shall constitute a quorum for any and all business purposes
of tn company.
There shall be an annual meeting of the company for the election
of Cllicess and for the transaction of other business, at such time and
place as the company may appoint. At any meeting of said company,
forty members, represented in person or by proxy, shall constitute a
quorum, for the transaction of business at such meeting: provided,
that at the annual meeting of said company for the election of othcers,
a majority of the members thereof, in person or represented by proxy,
shall constitute a quorum for such election. In all meetings of said
company, each member shall be entitled to one vote for the first one
thousand dollars, or fractional part thereof of the amount, in which the
property of such member is insured, and one vote for every additional
one thousand dollars of such amount: provided, that no member shall
be allowed a vote for any fractional part above the first one thousand
dollars.
All persons subscribing to this charter of incorporation, and pledz-
ing themselves to be governed by anv constitution, by-laws, regulations,
or requirements a idopted by said company, In pursuance thereof, their
executors, administrators, ‘and assiens, and vendees continuing to be
insured therewith, shall thereby become members of said company, dur-
ing the time they ‘shall remain insured therei in, or until they shall with-
ena from the company in accordance with its preseribed regulations.
. The members of the company shall not be hable for any loss, dam-
nice or responsibility, other than that each member shall be bound te
contribute to the necessary expenses of the company, in proportion to
the amount for which Ins property is insured; and shall be bound to
pay in the same proportion, to the proper officer of the company, the
losses sustained by fire by any fellow-member of the company.
?. Whenever a loss is sustained by a member, the president shall im-
mediately convene the board of directors, and upon proper and full
proof of such loss shall thereupon assess such pro rata sums upon all
the members of said company as is necessary to pay all such loss, and
collect from each member, at such time or times, and in such propor-
tions as it mav be called for by said president and directors; and if any
member shall fail to pay the same so called for it may be recovered upon
monn aiter twenty davs’ notice in writing in any court of record.
. This act shall be in force from its passage.