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 | 1874/1875 |
---|---|
Law Number | 336 |
Subjects |
Law Body
Chap. 336.—An ACT to incorporate The Farmers’ Mutual Fire Insu-
rance Company of Princess Anne and Norfolk Counties.
Approved March 31, 1875,
‘1. Be it enacted by the general assembly of Virginia, That
Noah Shull, Alfred G. Tebault, David Malfone, ‘George G.
Garrison, Jesse Morris, James KE. Bell, Adam R. E. Keeling,
Jonathan Hunter, Sr., Claudius W. Bonney, Thomas Keeling,
William N. Halstead, William 8. Wood, William W. Joes,
and Samuel Etheridge, and all those who may be hereafter
associated with them, ia the manner héreinafter provided,
and their successors, be and they are hereby declared to be
a body politic and corporate, by the name and style of The
Farmers’ Mutual Fire Insurance Company of Princess Anne
and Norfolk counties, and by that name may sue and be
sucd, plead and be impleaded with, in all the courts of law
and equity in this commonwealth or elsewhere, and have per-
petual succession; to have, make, and use a common seal,
and the same to break, alter, or renew at pleasure; to or-
dain and publish such constitution, by-laws, ordinances, and
regulations 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 corporatjon:
provided, that such constitution, by-laws, ordinances, regu-
lations, or acts, be not ineonsistent 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 fur-
niture, merc -handize, agricultural products, and other pro-
perty, against loss by fire.
3. 'T hat Noah Shull, Alfred G. Tebault, David Malbone,
George G. Garrison, Jesse Morris, James E. Bell, Adam R.
L. Keeling, Jonathan ILunter, Sr., Claudius W. Bonney,
Thomas Keeling, Witliam N. ILalstead, William KE. Wood,
William W. Joes, and Samuel Etheridge, shall be the direc-
tors of said company until otherwise appointed by the stock-
holders, of whom Noah Shull shall be president, and Alfred
G. Tebault secretary and treasurer; and the said president,
secretary and directors shall continue in office until their suc-
cessors are elected. In case of a vacancy in office of presi-
dent, secretary, or directors, from any cause, the remaining
directors may elect others to fill their places, and a meeting
of the stockholders shall be held. Hight 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 company for
the election of officers and directors, at such time and place
as the stockholders in general meeting may appoint. The
president and secretary elected by the stockholders 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 twenty-five mem-
bers, represented in person or by proxy, shall constitute a
quorum for business: provided, that at the annual meeting
of said company for the election of officers, a majority of the
members thereof, in person or represented by proxy, shall
constitute a quorum for such meeting. In all meetings of
said company, cach member shall be entitled to one vote for
the first one thousand dollars or fractional part thereof or
the amount in which the property of such member is in-
sured, 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.
9. All persons subscribing to this charter.of incorporation,
and pledging themselves to be governed by any constitution,
by-laws, regulations, or requirements adopted by said com-
pany in pursuance thereof, their executors, administrators,
and assigns, and vendees continuing to be insured therewith
shall thereby become members of said company during the
time they shall remain insured therein, or until thew shall
withdraw from the company in accordance with its pre-
scribed regulations.
6. The members of the company shall not be lable for
any loss, damage, or responsibility, other than that each
member shall be bound to contribute-to the necessary ex-
penses of the company in proportion to the amount for
which his property is insured, and shall be bound to pay in
the same proportion, to the proper officer of the company,
the loss sustained by fire of any fellow-member of the com-
pany.
7. Whenever a loss by fire is sustained by a member, the
president shall immediately 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 com-
pany as is necossary to pay all such loss, and collect from
each member at such time or times, and in such proportions
as may 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 motion, utter ninety days’ notice in wri-
ting in any court of record.
8. This act shall be in force from its passage.