St. Mary's beacon., 1858-03-25

easts.- ~ 8fsaa8I Istfi ff3 @1 = ~ - 49, Il.
Pertain IA a FIRE Insurance company, d 1 bcius
contrary t. IBIS act or the Chsti,nti1f and
laws Of this. State or If tie Cnifei States !;
rpgOrid. horscer, rlat ndsiling in this Il ssssi
be construed b grant banking privileges IN
sill COMPANY. or tie right t. Is Sue any note of
the fi;ltsire or d bank fss,tp. @ea = 49, is
Set q And be Il enactpiJ, That 1T sllaFl
betfie slsttv of the secretary Of tie SAIL r,,,a-
hytth keep box, coBfaiiling a coby Of tffs
at and pf sr@ii corls.Ttt kk5n aiaf fy fawS III
stii SD "a rs as may be establiSFed and
th4t all PR who n1ay wisif t3 Eesonie
&c sail com parry shall te reqtsif-
ed tex css ia Writing af tlie. foot there. i
NJ = thereto, wsstcls es ~ :1sseIf II.
ard the payment 9f such fees charges or ,Irt.-
ininrls as may Re demanded by the proper
officers of the corporation sIaIl constit tfte st
persons mcmJer5 Of tie sail COMPANY, and a.
silch shall I've b5und by al the rules Ind reg,I-
latinns of sail company as contained in tllis
at and in the constitution and bylaws of the
said cornpary AID every pers0fI-cT- persons or
cgrro,Itfon which Shall he issued by this
c-Tratv shall become members thereof as
already provided for. '.a s.t -5
Sc. 3. Aud De il enacted, That anv
!ncnber ofssid company slMlp have fun pow
cr TO withdraw therefruri at any time by ap-
plying TO tie pr"per officer thereof, and pay
sticit fees IS fn5y be reasonably demanded and
any arreara.es ef asses fIcIit that hc may Their
owe ~ the company, when the sail proper
|oHt'er shall cancel such insurance nr irlSnran-
c., rs may he in the name Of the pcr- n s.
Withdrawing, and makca rCcnryl thereof il the
book, 81 the COMPANY which shall release such
menber, and any real esfat. that he trayihav,.
insured from all liability. for ar ON accent oi
iny iidte<, due hills rr. tlser evidences of Debt
Ia tine said coinpsny held lsy IL for premiums
IN s,Hh real estate. TIE INSURANCE on which.
sirali thus he Canee!ed. and shall tebar him or
her frirn any claim on this corp ,ration. r
any less or danage by fire suhsequent to the
lfI,c nf such Withdrawal aud caa2eing such
lTisir1ACe. I'd L.-tl. .l ss.r. =. 9 i...
Sc. 4. And he il enacted. That all prom
is ry notes of hand other evi lences nf tlcLf
heid hy said Company which shall lave been
given thereto fOr prcniHm$ or insurance or for
any part. ar. PARTS Of said premiums shall cnn-
5tETtite aud be deemed n lien auv real estatl.
which nay be insured in cnnS !eratinn. or part
consolidation uf such notes or evidences of
leLt which real estate shall be ho,i Liable for
the full and i,,t pay RIeRt OF such notes or eyi-
ieccS oi deit. cit ler wholly or in ptrt af aaFI
time or times is the presi lent aal directors
shall I. m tnd. and nf all legal (lK,rges tai
may hsidcErre'i III .eHis,.eiiI. payaient. Thereof
~ case o! refusal sr neglect t. pay, by the
'lrawer df such nqiepr eyi.le,so-s yf debt. any
~als. u,tgn -sUr tEsisS er OF sch real estate
'u.xa1Ucntstp the date. of sueh nOtes @, eyi-
'cn-es Of debt during tie ;imc they are in en-
i,tcnce, shall not i+pAlislate or ,.r"inlicn tx
lien cneat,sl thereon ~ the. making ard lie
.iveTiag of si,c notes or evidences If Debt. and
such real estate sl,a.l only he released from
such STABILITY ar lieu thcrtisal. ethe full pay
nleHt nI sllch notes 1F cvheaces af lebt or such
pam tlierenf rs maybe demanded by the prcsi-
dent aud EdirectEx ef the c,lmpauv aud the
canC",in~ uf iusurIaccs- which they were
given rs premiums Insicr such regulations aS
the president and directors may, establish, AMI
in case ni refusal or neglect to pay such n,Ites
or evidences of ieht. citlser wl4ily or in part
whenever and rs 4 fen as, may he demanded
by the president and directors nf the company
! the sail rrc>iti"ut aud directors may prreel
tn collect tie saline, 'r any part thereof, in the
same manner as in the forecLsurey Of mort
gage on real estate. the saii notes or evidence.
nf debtltbl be held and 'leenle,l as mortgage on
such reai estate. -r..-F =. ..s .-.
81 Sec. s. Ard bct enacted, That WiIEiam
II. Stone. Walter Mitchell, .J,Sais III. Hawkins
JOHN Hamilton. George T. Jenkins, james II
Neal, George Brent. Frederick, Stone, Samuel
Cx, g Goerge Dehts William 3. Matthews
trancis " Ween:s. BarRes Compton, Pep-
br'Ike A. BEawners Czziah Nalley, John v
tJenlSias. FranciS r. Mills William Eiah. "
! Day, Peregrine PAWS, Chapman Billings!ey
John NJ. Brnome, Caleb Homes Gerce IT. N r
gan;.Johh j.. Allstane. William T.. C ,e. VII
~ 4 Fyst
i.B. Siyes William @. sReeCler, Joseph Shemweil
Francis @. Neale L.. W, b. Hutciiins. Alhert
! Bureh. -Damiel Wastiin gton E.. Len Spanhling.
-Georse G. MaFgan, 1ieorge CsdnlS. Joseph
Forrest and Benjamin G. Harris. are hereby
created directors el said Mutual Fire INSURANCE
c nnpany of ST. Mary's and Charles cnltrIsies
until the iirst Monday in January eighteen
hundred and sixty, and until their succes sars
shall be elected, as hereinafter provided ftr
~f saamnNs Sllailssbez psesenta asstse
hTSt messips shall proceed TO organize the com
FaRysNyz eleosing laI pTesidstia And ~ :fatAry
thereof, and as soon thereaite7s as pFa, ticslhle
adopt fgm pf CONSTITUTION and bylaws, IL
Provgk kaa necessary Boskss aid otherwise
prepare the company fnr the Transaction u
rh'lslneSs and when 80 prepared, TO exercise
general peru tendance Of the affairs iii tlSe
cssan pany and the lizard of directors above
s.I.nAaE and any other board Of directors that
T1ay be hereaglsr electel as hereipafter prpsti-
Cd C., shallihaee nnthority to allow any officer
dr71LsesTs. in the ploysol Che omPaHy. sucl
l.ssiaEies, fees ea crHnpensatiens as they. NAV
tAeesh proper, ard an officers .of fstlie company
other than directors; shalt be app intc1l ann1-
Ally 'ky siic! CireCt tfsrs rs shall he present Al
the firt meeting of the btzrSi after tie -anhaa
te.estisp Of direc and Ia case 5f any. vaean-
hcy,m vacancies occurring in the bard Of airec,
Itrs "a, any time OK times fryEn any Saiise what
exeE, salah vacancy 0r vacancies shah be file
idf hcfanaihder pfths board unit. the time
Of holding the next annual election. .g-,7,.is
s.lskE 0a AsaFbe il enacted, That ii shall
lbe=the <lu1yoep ei1fresiden6 aaS seUreaary q
the said company aE4lua4Es tai lgfSe psssce a
lsast two weeks -by advertisement in som,
newspaper published in st. Mary's and Charles
counties, OF by notice posted at such publ,
liflanes - heisaax desm prpPeE, of theEelstim
wlsieh shall - jsed nxthe Asst ,MPndg Il
! Isnsarssje ewss ssads esers year. ters fileeeI
directors Of the efEAFanSs Ealo gslpli Is sasnl