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 | 1875/1876 |
---|---|
Law Number | 5 |
Subjects |
Law Body
Chap. 5.—An ACT to Incorporate the East Rockingham and Page
Farmers’ Home Mutual Fire Insurance Company.
Approved December 22, 1875.
1. Be it enacted by the general assembly of Virginia, That
Robert A. Gibbons, J. H. Kite, A. C. Bear, R. T. Kingree, J.
H. Larkins, Mann Spitler, Martin Strickler, Isaac Long, T.
K. Harnsberger, Benton Bromback, H. H. Spindle, and Isaac
Graves, and those who may hereafter he associated with
them, in the manner hereinafter provided, and their succes-
sors, be and they are hereby declared to be a body politic and
corporate, by the name and style of East Rockingham and
Page Farmers Home Matual Fire Insurance Company, and
by that name may sue and be sued; plead and be impleaded’
with, in 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 regulations as they think proper
and wise; and generally to do every act and thing necessary
to carry into effect this act, or promote the object and design
of this corporation: provided, that such constitution, by-laws,
ordinances, regulations or acts be not inconsistent with the
constitution or 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, merchandise, and other property against loss or dam-
age y fire. |
3. That R. A. Gibbons, J. H. Kite, A. C. Bear, R. S. Kin-
gree, J. H. Larkins, Mann Spitler, Martin Strickler, J. Long,
S. K. Harnsberger, Benton Bromback, H. H. Spindle, and
Isaac Graves, shall be directors of said company until others
are appointed by the stockholders, of whom R. A. Gibbons
shall be president; and J. H. Kite, secretary and treasurer;
and the said president, secretary, and directors shall continue
in office until their successors are elected. In case of a va-
cancy in office of president, secretary, or directors from any
cause, the remaining directors may elect otbers to fill their
places until a meeting of the stockholders shall be held. 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 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 elected. At
any meeting of the said company, twenty-five members, in
person or represented by proxy, shall constitute a quorum
tor business: provided, that at the annual meeting of said
company, for the election of officers, a majority of mem-
bers thereof, in person or represented by proxy, shall consti-
tute a quorum for such meeting. In all meetings of said
company, each member shall be entitled to one vote for the
fractioa of the first thousand dollars worth of property in-
sured, and one for each additional thousand dollars.
5. All persons subscribing to this charter of incorporation
and pledging themselves to be governed by any constitution,
by-laws, regulations, or requirements adopted by the said
company in pursuance thereof, their execators, administra-
tors, assignees and vendees continuing to be insured there-
with, shall thereby become members of said company during
the time they shall remain insured therein, or until they shalt
withdraw from the company, in accordance with its pre-
scribed regulations.
6. The members of the company shall not be liable for any
loss, damage, 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 his property
is insured, and shall be bound to pay in accordance with the
provisions of the constitution hereafter to be adopted, to the
proper officer of the company, the losses sustained by fire,
by. any fellow member of the company.
7. Whenever a loss by fire is sustained by a member, the
president shall immediately convene the board of directors,
and upon proper proof of such loss, shall thereupon assess,
according to the provisions of sueh constitution, as may here-
after be adopted, such sums upon the members of said com-
pany as are necessary to pay such loss, and collect from each
member at such time or times, and in such proportion as it
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 re-
covered upon motion, after twenty days’ notice, in writin
in any court of record.
8. This act shall be in force from its passage.
8)