The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-19

except those connected with or apper-
tanning TO making insurance on life. or
sons ana the granting, purchasing and
disposing of annuities and endowments.
Thlrd--To insure upon the stock or
money. effects and money lent on bot
tommy or respondentia, against the per-
lis OF the sea and other perils usually
insured AGAINST by marine insurance, IN
Guiding RISKS of inland navigation and
transportation. 4
Fourth-To guaranty the fidelity OF
persons IN positions of trust, private or
bonds, and for the performance of other
obligations. III
Fifth-To insure against loss or dam
age to the property of the assured, or
loss or damage to the life, person or
property of another for which the as
sured Is liable, caused by the explosion
of steam boilers
Sixth-To insure any person against
sickness or against bodily injury or
death by accident; or any person, firm or,
corporation against loss or damage on
account or the bodily injury or death by
accident of any person for which loss or
damage said person, firm or corporation
is responsible
Seyenth-To insure against a. breakage
OF plate glass. local or transit.
Eighth--.To insure against loss by bur-
giary or theft, or both, or attempt there
at, or loss OF money or securities in
course OF. transportation.
Nllth-Io insure against loss or dam
age to property of the assured by water,
caused by accidental breal1age of auto
matte sprinkler heads.
Tenth-To insure against loss or dam
age to live stock of the assured occa-
signed Sae 6y death 1Ss Of the property insured
or reincorporatfng such a corporation
shall be as follows:
Flrst-To organize a company the pro
posed lncorporators must be residents of
this state, and not less than ten in num-
per, ana shall subscribe and duly ac-
knowiedge before some officer authorized
TO taSe ACCOMPLISHMENTS to deeds, arti-
cIes OF ASSOCIATION, setting forth their in
tention to form a corporation; it's pro-
posed name, which must not so closely
resemble the name of an existing cor
portion authorized to transact business in
this state as to be likely to mislead the
PUBLIC and must be approved by the
insurance commissioner; the class of in
. STrane s,, 1T proposes to transact and on
place within this state of It's location, or or
home off1ce; and if on the stock plan,
the amount amount of its capital stock, also
larations or matters the said incorpora-
tors may see fit to embody therein
Secondary domestic Insurance COM
P,aany, not excepting those trarsaeting
ide or casualty insurance, business on
lhe moFtuaIy assessment plan and stip-
uiated premium plan, or on either there
OF, may at any time qualify and rein
corporate under the provisions of this
act, either as a stock company, If a
stock company at the time Of reincor-
poratlon, or as a mutual company. if a
mutual company at the time of reincor-
poration, retaining or adopting any name
Il consistent herewith and approved by the
insurance commissioner
To accomplish such incorporation a
resolution shall be adopted by a majority
vote OF all the votes cast by the stock
nolders OF a stock company, or by a
tWo-thirds vote of all the votes cast by
the members of any other company, at
any special meeting called for that pllr-
pose, of the holding of which not less
than thirty days written or printed no
ice, speclfylng the time and place, shall
have been given, or by such majority
vote or two-thirds vote as the case may
be, at any regular meeting of such
sto S n or members, authorizing
setting forth the future corporate name
or such company, which must not so
closely resemble the name Of an existing
corporation authorized to transact bust
ness in this state as to be likely to mis-
lead the public, and must be approved by
the insurance commissioner the class of
insurance it proposes to transact, and on
what business plan or principle; the
place within this state of its location. or
home office; and if on the stock plan,
the AMOUNT of it's Capital STOCK; also
any additional suitable and lawful dec
larations or matters the said voters may
see fit to incorporate therein.
Th1rd-The words insurance company
must be "a part of the name or title of
any company orga nized or reincorporate ed
under the provisions OF this act; also
the word mutual if organized or rein
corpor9ted ON the mutual plan or prin-
ciple The articles of incorporation, or
resolution of reineorDoratton. shall also
fix the place, day and hour of holding the
first meeting of members or S ocknold-
erS to be held thereafter also the place,
day and hour cf holding the regular an
nual meeting of the members or stock
holders, and the names of the first, or
of the present, board Of directors or
In case OF reincorporation a full, true
and complete copy, certified by the pres
ldent and secretary, under the corporate
seal Of the company, of the resolution
adopted as herein provided and in case
Of organization, the articles of inco1pora-
ton executed and acknowledged as here
filed with the insurance commissioner,
who shall, if it appears that the require
ments of the law as herein have been
complied with, cause such articles of in
corporation or certified copy of resolu-
tons, as the case may be, to be recorded
in book kept for. that purpose in his
office, and thereupon such articles of in
corporation, Or certified copy CT resolu-
ton, as the case may be, shall constitute
and thereafter be known as the articles
Of incorporation of the company, subject
to amendment as herein provided; and If
said company shall possess the neces-
sary qualifications, and shall have COM
piled with all the requirements of law
said commissioner shall. without unnec-
y
his certificate of authority, authorizing
1t TO do the business mentioned in its
articles of Incorporation in this state The
insurance commissioner shall sign said
certificate and cause the seal of his Of
fee to be thereto affixed. He shall also
keep copy of such certificate, and a
certified copy of the same may be given
in evidence with the like effect ais the
original certificate.
Any company reincorporated as herein
provided shall, upon such reincorporation
and fCNr "a
act, be treated and deemed to have been
formed or organized hereunder. Except
as otherwise herein provided, the then,
at the time, of such reincorporation, ex-
listing board of directors, or board of
trustees and officers of any company re-
Incorporated under this act, shall hold
otf1ce until their respective successors
| are elected and have qualified.
Any company organized or reincorpo-
rated under the provisions of this act
may amend its articles of incorporation
tion Of law, by resolution adopted by a
majority vote of all the votes cast by
the stockholders of a stock company. or
by two-thirds vote of all the votes cast
by the members of any other company, at
any special meeting called for that pur-
pose, of the holding of which not less
than thirty days written Or printed no
tice, specifying the time and place, shall
have been given, or by such majority
vote or two-thirds vote, as the case
may. be. at any regular meeting of such
stockholders or members.
A full true and complete copy, certi-
fed by the president and secretary,
under the corporate seal of the company,
Of any resolution of amendment, or
amendments, herein authorized, shall be
submitted to and filed with the insurance
commissioner, who, if it appears that the
requirements Of law as herein have been
| complied with shall, without unnecessary
delay, record such certified copy of reso-
luton Of amendment or amendments in
book kept for the record of articles
Of incorporation, and thereupon such
amendment or n6r1n er1fhs cInl Ii he l.,