Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1901-01-30
FARMERS MUTUAL FIRE AND
LIGHTNING. INSURANCE AS
ISOLATION OF DELAWARE
COUNTY, IOWA.
Articles of Incorporation as Changed
and Amended December Twenty
seventh, Nineteen Hundred.

=
We, tile undersigned, With all others who are
now or may be associated with us for mutual
insurance. as contemplated by Chapter 1O4 81 the
Laws of the Seventeenth General Assembly OF
Iowa, do hereby associate ourselves together
and hereby adopt the following Articles OF In
corporation or Constitution,
ARTICLE
This Association shall be known as the FARM
ERs' MUTUAL FIRE AND LIGHTNING lNSUR-
ANCE ASSOCIATION OF DELAWARE COUNTY.
iowa.
ARTICLE II.
The officers of the Association shall be Presi-
dent. a Vice-pr esident, q Secretary, Treasurer,
and Three tsy Directors The PRESIDENT and
rectors BY virtue of their office, and shall be en-
titled to vote on all questions before the Board,
ARTICLE III.
The President shall preside at all meetings or
In his absence, the yice-president; but, IN case
of the absence of both, presiden ha, Pro T tenn
minute of the proceedings of all meetings, and
in case of his absence a Secretary pro tenn. may
be appointed. He shall keep all necessary books
Giles. and act as General Agent. During MS
term Of office he may appoint sub.agents, being
responsible for their fidelity.
ARTICLE ".
The Board of Directors Of this Association
shall have power to make and pass such bylaws
as they NAV deem necessary for the safety and
government of said Association, subject only to
the Articles Of incorporation AND me laws Of
loss by fire and lightning and other Indebtedness,
audit all accounts and fill all vacancies In ofice
from Whatever cause.
ARTICLEy.
The annual meetings of the stockholders shall
be held at Manchester, Delaware county, Iowa,
and shall commence at 10 o'clock q. IN. on the
first Tuesday Of October II each year. ana e COL
meeting shall be completed.
ARTfCLE VI.
All officers shall be elected by 9 majority vote
of all members present. The officers SO elected
shall hold their office until their successors are
elected to fill their vacancies.
ARTICLE VII.
In case there is no annual meeting, the oi1icers
shall hold over until there Is y meeting, elmer
annual or special, when others may DE elected.
ARTICLE VIII.
Special meetings may be called at any time by
q majority of the Directors.
ARTICLE TX.
The Secretary. at the annual meeting. sinai!
give full report In writing of the doings and
condition of the Association for the preceding
year.
ARTICLE X.
Insurance in this Association shall be confined
to property In Delaware county, Iowa.
ARTICLE N.
No member shall be assessed for any one loss
more than One az per cent. of his insurance.
ARTICLE XII.
This Association may, at any. annual meeting,
by a vote of two-thirds $50 of the members pres
ent. be dissolved and all policies SHAH pc can
celled at the time fixed for dissolution; put me
Association shall be liable for any losses and
other Indebtedness occurring before sucli tlme'
ARTICLE XIII.
These Articles of Incorporation may be altered
or changed at any annual. or special meeting
called for that purpose. by two-thlrus Va } Vote
of tile members present.
AJ,rIcI E XIV.
Private property of members is exempt from
corporate debts, except the pro rata assessments
made on each member for payment or losses by
fire or lightning and expenses OF SAID ASSOCIATION.
ARTICLE Nv.
This Association shall have all the powers and
privileges conferred by Chapter Five [5l, Title
Nine [9l of the Code of Iowa and amendments
thereto.
ARTICLE XVII
At the annual meeting Of the stockholders,
there shall be elected u President, Vice-presi-
dent, Secretary and Treasurer, eacn to hold MS
office for one year ana three ena Isl ar a
9ears ons iSh aud ne
shall be elected ut each annunl meeting OF the
Stockholders thereafter to serve for term OF
three Isl years.
ARTICLEXyH.
This CORPORATION is hereby renewed and shall
continue and endure for the further term of
twenty 1901 years from and after the expiration
of the term for which 1t was organized. to-wit:
FROM tn6 21Ln udy Ol Jauudry, 15Vi, " tHo Sstu
day of January 1921. unless sooner dissolved as
provided by Article Twelve [l2l hereof.
We. A. S. Coon, president. and Miles f. Blair.
secretary of the FARMERS MUTUAL FIRE AND
i.IGHTNINCi INSURANCE ASSOCIATIONS OF Dela-
ware county Iowa. do hereby certify that thafOre-
going are the true and correct Articles OF lncor-
poratiOn of SAID Association as altered changed,
amended and adopted by more than two-thlrdS
TAI majority vote Of Its members present at a
special meeting of the members Of said Assocta-
ton duly called for that purpose. and legally