Chap. 57.—An ACT to amend and re-cnact section 11 of an act ap-
prov ed March 21, 1871, entitled an act to incorporate The Life Insur-
ance Company of Virginia.

Approved January 19, 1875,

1. Be it enacted by the general assembly, That section
eleven of an act approved March twenty-first, eighteen hun-
dred and seventy-one, entitled an ‘act to incorporate The
Life Insurance Company of Virginia, be amended and re-
enacted so as to read as follows:
§ 11. The directors of the company shall be elected annu-
ally, by the stockholders, on the last Wednesday in January,
and they shall elect from their number, at the first meeting
of the board after their election, a president and two vice-
presidents, and shall have power to appoint such officers,
clerks and agents as the business of the company may re-
quire; to appoint the finance and executive committees, and
to fill vacancies occasioned by death or resignation in the
board. All elections for districts shall be by ballot, and
every stockholder shall be entitled tv one vote for each share
of the stock held by him, but no person shall be eligible as
director who is not a stockholder to the amount of twenty
shares. The annual meeting of the company for the election
of directors shall be held in the city of Petersburg, where
the chief office of the said company shall be located, on the
last Wednesday .in January of each year after this, and at
such place as the directors may appoint, ten days’ previous
notice of such meeting having been given by advertisement
in one or more of the newspapers published in the city of
Petersburg.
2. This act shall be in force from its passage.