The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1866-09-01

Assets for the year, Sl7.SGo OF
The capacity of the new Table of Rates. adopted at
the Annual Meeting of 1863 TO sustain the Company
without any resort to taxation or extra assessments
may now be considered as pretty thoroughly demon
strated Patient continuance on the part of the
members in meeting annual responsibilities will in
II short time place the Company II firm basis and
relieve the Board from may anxieties attending the
management of its affairs.
The Special Committee appointed at the last An
nual Meeting TO consider the subject of extending
the operations of the Company, to embrace certain
Glasses of property heretofore exc uded, submitted
their report to the adjourned meeting provided for
in the resolution, and held on the list day of Sep
tember, last but the number in attendance at that
meeting was so small that il was deemed unwise to
act upon so important question: and the matter
postponed until this Annual Meeting.
The persons interested in the change called for
still pressing the matter upon the attention of
the Officers and the Board and it is important that
the subject he fully considered and finally settled
The proposed extension of our risks has many advo-
Gates apnrt from those who are directly Interested,
as udicious modification Of the policy of the Com
pany, calculated to increase its receipts largely and
suhiccting it to no special expenses. Judging from
the history of this county since the organization Of
| this Company, in 1877.
Be this as it may, the question should he settled
| and the Officers would be relieved from frequent
| importnnities by its final determination.
All OF which is respectfully submitted.
Test: F. A. ELLIS Secretary.
| After the reading Of the Report it was
Or iercd, That the Annual Report submitted by tho
| President be published in both the county papers
and two hundred copies printed on slips for circula
| ton.
| The Special Committee appointed at the last An
nual Meeting to consider the subject of extending
the Policies of the Company to certain classes of pro-
perty heretofore excluded made report opposed to
| the proposed extension, and recommending tIat the
operations of the Company be in future confined to
| Cecil county; which, on motion, was rejected and
| the following resolution adopted:
ResOiued That the whole subject be left to the dis
| erection of the Board of Managers and their Execu-
| tive Committee, who under the Charter and Bylaws
| are fully authorized to act in the premises.
| The members then proceeded to the election of
| nine Managers for the ensuing year-MeSsrs. John
| Partridge. Robert Montgomery and Samuel b Foard
acting judges,-when the following named gentle
men were duly elected james Ford. George W.
Bennett William Torbert, Daniel Bratton, George r.
Howard Jacob Tome, Richard l.. Thomas and Bar
clay Reynolds.
| Whereupon the Annual Meeting adjourned.
| The Board of Managers elect met and organized
| by electing VIM. Torbert Esq, President and f. A.
| Ellis, Secretary and Treasurer.
| The President appointed Messrs. Geo. r. Howard
Daniel Braton and Barclay Reynolds, Executive
Committee.
Whereupon it was
Res0iUed, That the Executive Committee be author
lied to digest some plan for taking temporary risks
on farmers crops and houses building and repairing
as authorized by the 3rd section of the supplement
to the Charter passed at January Session. 1850, chap
ter -, and to report at the next meeting OF the
Board. Adjourned f. a. ELLIS,
Aug Is, 1866 Secretary.
All xvl,n VynvAd ensOv q Il ne Ci ga \