The Grange advance. [volume] (Red Wing, Minn.) 1873-1877, 1876-06-21

pointed a committee to procure a hall
for permanent place Of meeting for
this grange.
The committee on fire insurance re-
ported that they intended submitting
two plans, but one was not yet complet-
ed, and they asked the privilege of re-
porting the following now and publish
ing the other in the GRANGE ADVANCE
at an early future day.
On motion, the privilege was granted
and tho subjoined plan Of an insurance
organization was received rs the partial
report of the committee, viz:
This is taken from the "Farmer' 8
Friend" Of Pennsylvania. 4.:.:
Charter and By Laws of the Farmers
Mutual Fire Insurance Company,
of Tuscarora, Pa, as granted on
the 7th of September, 1874. 1t will
serve as guide in the formation of
similar companies elsewhere: q:
WHEREAS, The following named per-
sons, to-wit: William Shumway, j. H.
Black, William F. Coburn, A. B. Sum-
ner, B. w. Wood, D. D. Black, Will
mot Coburn, David Edinger, H. B.
Ackley, J. F. Chamberlain, Harrison
Black, George Elliott and Eugene
Keller and others, citizens Of this Com
monwealth, are DESTROYS to be incorpor.
ated under the provisions of the Act of
Assembly, for the purpose of insuring
their respective dwelling houses and
barns and the contents of the same,
and other farm property, against loss
or damage by fire:
SECTION FIRST.
The name of this corporation shall be
The turner's Mutual Fire Insurance
Company, of Tuscarora, and all persons
who shall hereafter insure with said cor
poration, and also their heirs and exc
cutors, administrators and ASST gnees,
continuing to be insured with said cor.
poration as hereinafter provided, shall
thereby become members thereof for
and during the period they shall remain
insured 10 said corporation and no long
er.
SECTION SECOND.
The affairs of said corporation shall
be managed by a Board Of twelve Di-
rectors consisting Of twelve members
of said corporation chosen or appointed
as hereinafter provided, and all vacan-
cies happening in said Board of Direc-
tors shall be filled by the remaining
directors for the remainder Of the term
in which such vacancy happens, and
until new election of Directors, and
a majority of the whole shall constitute
Il quorum. The first named twelve
persons in the preamble shall constitute
the Board of Directors until an election
is held as hereinafter provided, and the
said corporation shall have the right to
use corporate seal in the transaction
Of its business.
SECTION THIRD.
The Directors Of said cooperation shall
be elected annually on the second Mon
day of January Of each year, between
the hours of ten clock in the forenoon
and two o'clock in the afternoon, at the
place or Office where the business
Of the corporation is transacted, of
which election public notice shall be
given by proper advertisement, such
election to holden under the inspec-
ton of three members to be appointed
by the directors previous to every cleo.
ton: such election shall be made by
ballot and by plurality of members then
present, allowing to each member one
vote. The Directors shall appoint a
President, Vice President and Secretary
and such other officers as may be neces-
sary for conducting the said business Of
said corporation. The business of said
corporation shall be transacted 1T such
place in the county of Bradford as shall
be designated by its Bylaws.
SECTION FOURTH.
Every person who shall become a
member of said corporation by effecting
insurance therein, shall, before he re-
ceives his policy, sign the same, and
also the Constitution, and deposit
with the proper officers Of said corpora
tons such sum or sums Of money OF
other security for his assessments as
may be required by the Bylaws Of the
corporation. The person or persons
sustaining loss by fire covered by policy
in this corporation, shall give immediate
notice thereof to the Secretary, and
the Directors shall order prompt ap-
praisement thereof and cause the Sec.
rotary to make an assessment pro rata
upon each and every member according
to the amount of his insurance in the
corporation, and Immediately notify
each member of the amount of his
assessment, which assessment shall be
paid to the Treasurer within sixty days,
and if not 80 paid the said corporation
shall proceed to collect the same imme.
diately.
=" SECTION FIFTH.
In case of sale Of property insured in
this corporation, the policy of insurance
may be assigned to the purchaser upon
being endorsed by the proper officers