The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1901-04-20

nhtted to take any other kinds Of risks
tansR f to man with or
against accident to, or sickness of, per
sons, and the granting, purchasing and
o1 az; OF aa annual and epdoMments.
money. effects, ana money Tent on BOT
ie f 6r esp ana AGAINST the psf
insured against by marine INSURANCE., in
Guiding RISKS OF inland navigation and
FourthJTo guaranty. the fidelity Of
persons in positions Of TRUST, private or
public and to act as surety on offiedai
bonds. and for the performances Of other
age to the property Of the assured. %. or
loss or damage to the life, person or
y a IA sasse f'S By which et the
of steam boilers. '''
u, sixth-Te insure amy person against
s sa1n IS, or agatinst bodily injury or
| corporation against loss or da1naers on
account Of the bodily injury or death by
accident Of any person for which loss or
Is responsible.
Of n RhtS g'ss1 ;n iorsl or Of rs, TRANSIT
giary or THEFT, or both, or attempt there
| at, or loss OF money or securities in
course of TRANSPORTATION.
|
age to property OF the assured by water,
caused by accidental breakage OF auto
rnatic sprinkler heads
Ienlhy TO insure Isan, against loss or dam
! age to live stock Of the assured occa.
! signed by death OF the property insured
! Sec, %. The procedure FOR organizing
or ,T reincorporatdng such q corporation
farStDTo organize company the pro-
Rosed incorporates must be residents of
tnis state, and not less than ten in num-
! SfS> Av.I-~
knowledge before some officer authorized
| to take Acknowledgements to deeds. arti.
cles Of association setting forth their in
posed name, which must not SO closely
resemble the name of an existing cor
portion authorized to transact business In
pMb ast ana de no ae be- key to dsead The
insurance commissioner; the class OF In
sa1rance It proposes to transact and on
place within TINS state OF It's ,i location OF
home office: and, If on the stock plan,
the aqa s, Of is capital stock; also
larations or matters the said incor,porar
toys may see fit to embody therein.
Secondary domestic Insurance COM
Rany, not executing those traIasacHng
the rnortuaEy assessment plan and stip-
ulated premium plan. or ON either there
cd,, may ma at t;, asny time qualify and rein
act, either as a stock company, IL a
stock. company at the time Of reincor-
porat1on, or as mutual company, II a
poration. retaining or AK aaopai tn any Name
consistent herewith and approved BY the
insurance commissioner
70 accomplish such re!ncorporation a
| resolution shall be adopted by a najority
yote Of all the votes cast by the STOCK
I1odeTs or stock company, or by a
two-thlrdt vote of all the votes cast by
any special meeting called for that p..r w.
pose Of the holding Of which not less
te ya e wt te a or BInted
vote or twoethtrds vote as the case assn may uay
be, at any regular meeting OF such
and declaring such reilnce4peqation, ana
| sett1ng forth the future corporate name
| Ct euoh company. which must not DO
corporation authorized to transact bust
ness in this state as to be likely to nis-
lead the public, and must be approved by
the insurance commissioner; the class Of
| 1nsuTance It proposes to transact, and on
Wha1 BUSINESS plan or principle; the
place within this state Of its location. OF
home office; and if on the stock plan,
any additional Suitable and lawful dec
laratioms or matters the said voters may
see 1t to Incorporate therein.
| Thir,d-The words 'insnlra1lce couupany''
| must be a part of the name or title ct
! any company .o1ga nized or contemporaries
Hhde 18th the provisions of this act: also
corporated ON the n.lt,ua1 plan or prin-
cdple The articles Of incorporation, OF
| resolution of reinoorporation- shall also
first meeting Of members Or ssockhoId.
ers to be held thereafter. also the place
day and hour Of holding the regular an.
holders. and the names Of the first, OF
OF the present, board of directors or
end complete copy, certified BY the pres
tdent and secretary, under the corporate
seal OF the company, Of the resolution
e afa9 ay as herein provided and In case
ton executed and acknowledged as here.
IN provided, shall be submitted TO and
W niSa s %1fn 10 The = Insurance eomissoner
ments OF tho law as herein have been
complied with, cause euah articles Of in:
corporation, or certified copy OF resolu.
In book kept tor that purpose in his
office, and thereupon such articles of In
corporation, or certified copy. OF regolu
and thereafter be known aus the articles
Of Incorporation Of the company subject
to amendment as herein provided: and ID
sary qualifications. and shall have com.
Piled with all the requirements OF law,
said commissioner shall. without unn1ec.
eey, deaas o ,ssue to such
1T to do the business mentioned In its
articles OF Incorporation In this state. The
insurance commissioner shall sign said
fee to be thereto affixed. He shall also
| Keep copy Of such certificate, and q
certified copy ct the same may be given
| original certificate.
Any company retnoorporated as herein
provided shall, upon such reinoorporation
act, be treated and deemed SaoR e hane b ena
formed or organized hereunder. Except
as t Otherwise herein a,e provided, the then,
ist,n me til, time "a OF such retnooupoaatdo ex.
trustees and officers of any company re-
Incorporated under this act, shall hold
office until their respective suoceasoqs
rs Any , company ~ organized or retncorpo
m may ga amend e its articles Of Incorporation
tion Of law. by resolution adopted by a
majority vote Of all the votes cast by
1te stockholders OF a stock company. or
by two-thirds vote Of all the votes cast
any special meeting called Tor THAT p,nr-
pose, Of the holding Of which not less
tina tn. thirty days written or printed no:
vote or two-thirus vote, as the case
may BE, at any regular meeting oe sucS
stockholders or members
fed by the president and Secretary.
under the corporate seal Of the company,
Of oma any resolution Sesa' Of anendnaeM Or
| submitted to and fled with the Insurance
commissioners, who, II It appears that the
reguiIsments of law as herein have been
complied with shall, without unnecessary
| delay, record such certified copy Of reso-
luton of amendment, or amendments, Il,
q book kept for the record Of articles
| OF incorporation. and tflereuDen such
aHtendanent or amendments shall be In
full force and effective.
| Sec 81 The capital stock shall be paid
IN cash within six nlonGtlls from the date
OF charter or certificate OF organiza' ION,