Chap. 694.—An ACT to amend the charter of the Pulaski and Giles insurance
company, approved February 20, 1900.

Approved March 2, 1900.

1. Be it enacted by the general assembly of Virginia, That section
nine of the charter of the Pulaski and Giles insurance company be
amended and re-enacted so as to read as follows:

§ 9. That said corporation shall have a president, vice-president, and
a secretary, who shall also be treasurer, and one director, resident in
each migisterial district, which directors, collectively, together with the
president as chairman, and the secretary as clerk, shall constitute a
board of directors, which board shall be elected in the manner herein-
after provided.

The said board shall have power to make or adopt the by-laws for the
government of the company, and to manage the business generally, but
other boards and committees may be provided for in the by-laws to
ar ie and dispose of such matters as may be referred or submitted
to them.

The members (policy-holders) of each district shall meet biennially
on the third Saturday of August, at such place in the district as the
director may designate by a written or printed notice, and elect a director
for their district from their number, a majority of the votes cast in
accordance with the rules governing franchise as may have been adopted
in the by-laws shall be necessary to a choice. The director of the district
shall preside at such election and certify the result to the secretary within
five days thereafter. The members shall also ballot at said district meet-
ings for president, vice-president, and secretary, as an expression of
the will of their district, and the board of directors shall meet within
ten days after said district meeting and elect a president and secretary,
in which election each director,:or his proxy, shall cast the vote to which
his district is entitled, under the by-laws of the company, in accordance
with the will of his district, or in such way as he may find best for the
interest of the company.

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