Chap. 135.—An ACT to incorporate the Campbell county mutual fire insurance
company.

Approved January 27, 1898.

1. Be it enacted by the gencral assembly of Virginia, That Fleming
Qoauyndere Einoine Onld S C Gonvcin Walter M Prre BRrank Nelann.
G. R. Nichols, William A. Mason, Thomas Fauntleroy, J. J. Wood,
Powhatan Cox and J. J. Terrell, and all those 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 Campbell county mutual fire
insurance company, and by that name may sue and be sued, plead and
be impleaded within all the courts of law and equity in this common-
wealth or elsewhere, and have perpetual succession; to have, make and
use a common seal, and the same to break, alter or renew at pleasure;
to ordain and publish such constitution, 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
objects and designs of this corporation: provided, that such constitution,
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 dwelling houses, stores and all other
buildings in town or country, and upon household furniture, merchan-
dise, and any other property within the counties of Campbell, Appo-
mattox, Bedford and Pittsvlvania against loss or damage by fire or
lightning.

"3. That Fleming Saunders, Eugine Ould, 8. C. Goggin, Walter M.
Price, William A. “Mason, G. R. Nic ‘hols, Powhatan Cox, Frank Nelson
and Thomas Fauntleroy ‘shall be the directors of said company until
otherwise appointed by the association, of whom Fleming Saunders
shall be president and 8. C. Goggin shall be secretary and treasurer; 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 presi-
dent, secretary or director from any cause the remaining directors may
elect others to fill their places until a gencral meeting of the members;
five of said directors shall constitute a quorum for any and all business
purposes of said company.

4, There shall be an annual meeting of the members of the company
for the election of officers and directors at such time and place as thie
members in general mecting may appoint; the president and secretary
elected by the members at their annual meeting shall be president and
secretary of the board of directors, and the said president, secretary and
directors shall continue in office until their successors are similarly
elected. At any meeting of said company, other than the regular
annual meeting, twenty members represented in person or by proxy
shall constitute a quorum for business, but at the regular annual meet-
ing for the election of officers a majority of the members in person or
represented by proxy shall constitute a quorum for such mecting. 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 said 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.

5. All persons subscribing to this charter of incorporation and pledg-
ing themselves to be governed by any constitution, by-laws, regulations
or requirements adopted, b ‘by said company in pursuance thereof, their
executors, administrators, assigns and vendees, continuing to be in-
sured therewith, 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 Hable for any loss, dam-
age or responsibility other than that each member shall be bound to
contribute to the necessary expenses of the company in proportion to
the amount for which he is insured, and shall be bound to pay in the

game proportion to the proper officer of the company, the losses or
damage sustained by fire or lightning by any fellow-member of the
company.

7. Whenever a loss or damage by fire or lightning is sustained by a
fellow-member, the president shall immediately convene the board of
directors, and upon a proper and full proof of such loss or damage
shall thereupon assess such pro ratio sums upon all the members of said
company as are necessary to pay all such loss or damage, and collect
from cach member, at such time or times and in such proportions as
mav be called for by said president and directors, and if any member
shall fail to pay the s same so called for, it nay be recovered, upon mo-
tion, after ten days’ notice in writing, in any court of record, or before
any justice of the peace of the county in which sueh delinquent mem-
ber may reside.

8. All taxes and demands due the commonwealth of Virginia shall
be paid in lawful currency of the United States and not in coupons,
and the legislature reserves the right to repeal or alter this charter at
pleasure.

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