The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1899-03-22

[iect to order of the President, all moneys
accruing from such assessment, and sub
NIT a report of same to President. He
shall also give bond sufficient to cover
any assessment that may occur.
DUTY OF DIRECTORS.
IL. 1t shall be the duty of each Dlrec-
tor to assist the General Agent in valuing
all property entering the Association, and
adjusting all losses in their respective
townships. The Director may reduce
the value of any property which ne
thinks is valued too highly, and give the
General Agent notice of same, who shall
reduce the same on his books; but the
insured may appeal to the Board =. OF
Directors, whose decision shall be final:
Il. The Board of Directors, with the
President as Chairman, and the General
Agent as Secretary shall constitute the
Legislative body of this Association.
They may make such bylaws, rules and
regulations, as they find necessary for
the good of the Association.
REPRESENTATIVES,.
d. Each member shall have one vote,
and those having as much as $4,000
insurance shall have two votes, and an
additional vote for each additional thous-
and dollars insured.
IS. The Directors shall each have as
many votes as there are thousands OF
dollars insurance in his township. The
Agent shall determine from his books the
number of votes to which each is en-
titled.
16. When the General Agent shall
have sent written notice to each Direc-
tor, stating the time and place of meet
ing, then, if there be Directors present
representing fifty votes, they shall con-
|St1tute quorum.
TERM OF OFFICER.
II. The President, General Agent,
Treasurer, and Directors shall be elected
by a majority vote of the members in
convention, and shall continue in office
for period of one year.
IS. Should the office of President be-
come vacant, the General Agent shall call
a meeting of the Directors, who shall
elect his successor. Should the office of
Treasurer become vacant, the President
shall appoint his successor. Should the
Office of Director become vacant, the
General Agent may appoint substitute
until the next general election, which
shall invariably occur annually.
70. The President or any officers OF
this Association may be removed by a
majority vote of the members.
PROPERTY INSURED.
20. No property should be taken for
more than three-fourths of its full value.
No steam mill shall be insured in this
Association. If a gin house or other
buildings be taken into this Association
in which at intervals machinery. is
operated by steam, the insurance on
such building, or buildings adjacent
and endangered thereby, shall be re-
moved, so long as it is so operated !;
but such danger being removed from
such building, the policy shall again
become intact.
21. No dwelling houses shall be taken
in this Association less than $50 feet from
the property of an neighbor, and no
building shall be Insured for larger
amount than one thousand dollars, nor
less than twenty-five dollars.
22. No building shall be taken into this
Association within the limits of any town
or city, unless said building be at least
100 feet from the property of neighbor;
provided, in all cities the General Agent
shall exercise his best judgment, always
looking to the best interests of the AS
sociation; and when so advised by the
local Director, he may take in any prop
erty less than 100 feet which he thinks is
safe from fire by the burning of adjoin-
mo bui1dines. Neither gins nor ware