Chap. 123.—An ACT to amend the charter of the Arlington Mutual Life
“Insurance Company of Virginia. e

Passed April 20, 1867.

1. Be it enacted by the general assembly of Virginia, That
the second section of an act to incorporate the Arlington
Mutual Life Insurance Company of Virginia, passed January
twelfth, eighteen hundred and sixty-seven, be amended and
re-enacted so as to read as follows:

Ҥ 2. To make all and every insurance connected with or
appertaining to life risks; to cause themselves to be rein-
sured; to receive endowments; to grant, purchase or dispose
of annuities; to contract for reversionary payments; to re-
ecive money on deposit and grant certificates therefor, in ac-
cordance with the conditions set forth in sections four and
five, chapter fitty-nine of the Code of Virginia; but in no
ease are such deposits, or the certificates therefor, to be held
liable to maké good any policy of insurance issued by this
company, or any other contract made by it; to borrow money
and execute notes for the same; and to purchase and hold
such real estate asamay be necessar y for the convenient trans-
action of its business, or as it may deem. expedient for the
purpose of securing or obtaining payment of debts con-
tracted with the said company in the transaction of its proper
business. Any pohey of insurance issued by the Arlington
mutual life insurance company of Virginia on the lite of any
person, expressed to be tor the benctit of any married woman,
whether the same be eifected by herself or her husband, or
by any other person, shall enure to her sole and separate use
and benefit, and that of her or her husband’s children, if any,
as may be expressed in said policy, and shall be held by her
free trom the control or claim of her husband or his creditors,
or of the person effecting the same, or his creditors.”

This act shall be in force from its passage.