The Superior times. [volume] (Superior, Wis.) 1870-1912, 1891-05-16
Porstion may BY it, laws ether rules and rsgu-
stions prescribe but person shall vote by proxy,


ors elected They shall choose of their NUN
her president and vice president and a secretary
proceedings in book kept that purpose together
insured and the amount which each insured which
shall I've kept for inspection OF all members of
the hour OF nine O'Clock in the four O'Clock
IN the afternoon OF such days of each week as may
be determined by the annual meeting Of such COR
poraton.
section 4 Section 4, Of said act /. hereby amended
ny striking out the words mot less than thousand
dollars so that said section when amended shall
upon duties OF hi. ofice shall eIecut. to
such corporation, and file with the secretary bond
his Office, with two suretfes in such the
directors may order. such bond and sureties TO- be
redtors y 'ne president ana majority OF the d.
Section 5. Section s. OF said act Is hereby amended
ny striking ont the word detached +" aud the words
hereinafter provided" and in inserting therefor the
WORDS, may be provided IN the constitution or by:
as follows: Section ,. No such corporation shall
insure any property city or village in which
adopted by majority o. the members of said corpora
other villages and cities of the county in which said
corporation is located and also in cities and villages Of
one adjoining county; and no such corporation shall
insure any property other than dwellings barns
stables and sheds, and the contents of such buildings
except as may be provided IN the constitution or by.
laws but in no case shall the amount insured exceed
two thousand dollars on any one risk.
Section 6. Section s, OF said act is hereby repealed.
Section Section - Of said act, is hereby amended
section when 50 amended shall read follows Sec
ton = subject TO the restrictions contained In this
insurance signed 10y The president and secretary
ing in the OF the corporation pay the insured
and described therein to the amount named therein.
The period named in said policy, which in M case,
shall be than three years and providing for such
conditions Of insurance as may be determined by the
constitution and bylaws Of ouch poration BY the
resolutions Of annual meeting and The said board of
directors or the corporation may classify the property
insured at the tme OF issuing policies thereon under
different rates corresponding as be- to the
greater or less flHk from re ana loss which m" At
lach 10 the several bindings property insured The
board Of directors however, may delegate such author
y To committee OF not less than three at least two Of
whom shall he directors.
by striking out all of said section after the words,
sections. Every person to hom any such policy Is
issued, shall be deemed member Of such corporation,
thereof the Following AND IL shall be lawful for
such corporation 10 require the payment OF such init
aton fees and dues, to make its
bers and enforce the collection thereof as crcum-
sttton and bylaws, fixed by resolution. and the
may he prescribed by the by laws OF corpora
ton So that said section when so amended shall read
as follows. :. o whom
such policy is issued, shall he deemed member OF
such corporation while .uch policy in force and it
shall be lawful or such corporation TO require the pay
neut Of such initiation fees and dues make
ments upon its members and enforce the collection
thereof as circumstance may require ana as may Do
specified in IT'S constitution AID FLAWS or hxed by
such other duties as may be prescribed by the bylaws
of such corporation"
by adding the words, uless otherwise provided by the
constitution hy-laws,' and by striking all the
following said section, to-wit: The said committee
OF reference shall each be allowed the OF two dol
per day for each day service so rendered which
shall be paid by the claimant unless the award OF said
committee shall exceed the sum found Justly by the
committee herein FIRST provided for ia liquidation OF
su'h loss or damage IN hc case such expense shall
~ l'la ~ NE 'rl"tfa,''on 80 ii5t sala section
when 50 amended shall read as follows section 9.
Unless otherwise provided by the constitution
laws, every member of such corporation who
tar loss Or damage ~ hTe or li@hnhg shall immedi-
atev notify the president Of such in his
absence he president or IN the absence of both,
the secretary thereof who shall forthwith the
directors OF said corporation, whose duty it shall be
ytEva tI,pt
the los j. snn,Sc,i TO be less man thres amazed 81
lars which the president. his absence
tec 70 ascertain The amounts Of sch loss or dnn,r.
provided, that the board OF directors may appoint a
uittee of not less than three bers of the
porson the adjustment Of all losses that may
during the year and in OF the inability OF parties
upon the amounts Of such loss damage the
claimant may appoint one dis1nerested person on his
part and upon receiving notice from such ciaiman Of
such appointment, the president, in his absence the
point member and the two er.ons
So appointed shall forthwith proceed appoint third
person shall bC d~lIteTrsed aud the three persons
appointed shall constitute committee Of reference
who shall have authority !" examine witnesses and
determine all matters in dispute, and who, within
thirty days after their appointment shall make their
secretary thereof when award shall be hnal.
section 10 Section 10 OF said sCt shall be amended
hy adding the words unless otherwise provided bv, the
constitution bylaws, so that said when SO
amended shall read follows section To- Whenever
the amount any loss ascertained shall exceed me
OF the cash funds OF the corporation unless
otherwise provided by the constitution bylaws the
president his absence the vice president shall
convene The board of directors who Shall MAKE an
all property insured by ouch corpora
ton proportion the amount thereof and the rate
under which 1t may have been classified sufficient
board directors shall be authorized If il sees III to do
So up four mills, ii such loss should
not require such an amount, and whenever such
assessment shall have been completed ths secretary
shall Immediately cause to be published for three
seCutive weeks in such weekly newspaper printed with
said city village, If there be one. other"is.
r The tine sh. c W..
}lp Va nj fEa
shah in any court of this state be conclusive evidence
Of not cajion Of such and within Nv. day,
after the levyins OF such assessment the secretary shall
notify every member OF such corporation by letter
postal card his usual post Office address
Of such assessment, and the from him
his share thereof anu the time within which and
whom payment thereof Is TO be made which time snail
he less than sixty than ninety days
the date Of such notice The board OF directors may
al The hme OF making such assessment have deter
receive such money may demand and receive tive per
nent, fol- his fees in receiving snd paying the
thereof be required, snail be paid the person
entitled thereto according TO the terms OF the policy
during the nrst eight months in year the board OF
directors may borrow money sufficient pay such loss
a of interest NOT exceeding CentlIuI. and
shall include the interest in the and direct
pay men Of such assessment TO bs made not later
the thTty-hrs day OF December next following Tths
assured neglect TO make payment Of any assessment
within the time spec ned IN The notice 10 be sent him by
secretary hcienbetore rovlded then his policy
shsil he nun ana void until such i. paid
which may be levied during the suspension tho policy
on account OF me n9n-Payment OF previous sssess
meuL A,tiuusutay be brought against any mem Der OF
such corporation who shall refuse elect TO pay
assessment made uion his insured property under
the provisions q thus act and the directors Of any such
corporation who shall wiilfully neglect refuse
thirty days perform the duties imposed upon them
by this The next preceding section shall be Jointly
sd ssveraly liable III their individual capacity the
section IL Section II Of said hereby amended
by striking cut the words and paying his share of
all cslms then existing against said corporation and
inserting in lieu thereof the following and paving Al.
dues and assessments which he may then said
SAID section l. when amended
shall follows: section Il. ANY rnemb Der OF
such corporation may withdraw therefrom by giving
al due. and assessments which he NAV then owe said
corporation; aud me directors. majority thereof
pointed a con- uniliee for such purpose shall have
% 10 maj St 70 rSs ko seS '0e'
section T. Section u OF SAID acs is hereby amended
insured. amount insured by such policy aud by
striking ont the words a detailed statement every
Item Of expenses SO that said seton when 30
amended shall read follows section - The sec
rttay Of every such corporation snail annually pre-
pare statement showing its condition The thirty
ae>t day OF December preceding Is annual meeting
whtoh shall contain the whole number OF policies
issued The whole mum Der then IN force the aggregate
suluanG then insured and the aggregate amount Of
losses paid BY the corporation since lis organization,
tie whole amount Of losses sustained and unpaid II
any. and all such other matters pertaining the
t-rest Of such corporation by the bylaws b. may
be required TO report upon The treasurer OF every
such corporation shall annually prepare q state
meut Of rs fnsncIs condition the thirty day
OF br'rho-I next pfHesdihg s annual meeting, SHOW
Ing amount hand January lst preceding amount
received during The year from premiums. amount re-
C-iNta rom assessments hunters, amount received
from other sources amount paid for losses amount
Fa'd .ot expenses saa amount q cash on hand and
suCh other items as the bylaws may require such
statements much thereof said corporation at
agree upon, sha b- read To the such cor
poJafon al their annual meeting sEd entered length
annual meeting shall De the once Of tn. city or
Village cer. or N case OF county company with Ia.
hy the secretary transmitted III. commissioner Of