Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1909-07-21
No 800, ST. Published April 2. 1909,
CHAPTER 81. LAWS OF 1909.

AN ACT to amend subsection NJ section
1927 and section 1910 Of the statutes re-
lating TO the organization and the
amendment of the articles of town mu-
tnaI insurance companies
The people of the State of Wisconsin
represented in Senate and Assembly, do
enact as follows:
Section 1. Subsection 3 of section 1927
CT the STATUTES Is amended to read; B.
Such articles Of Jrganization shall be sub
Scrihed by at least twenty five persons,
residents of the towns therein named
who are owners of at least twenty tVe
thousand dollars worth of property which
shall be insured by such corporation.
n Two copies nf the original articles.
each accompanied by the affidavit of two
of the signers thereof stating that they
are personally acquainted with the sign
ers and know them to he the owners OF
property to the amount stated In said
articles which may he insured for said
sum. and that such copy Is q true aud
complete copy of the original articles of
organization. shall be forwarded to the
commissioner of Insurance. and If ap-
proved by him and the attorney general
the former shall file one copy in his office
and attach to the ether copy his certif-
rte of such fling Such certified copy
shall within thirty days he recorded in
the Office of the register of deeds of the
county in which the greater number Of
the directors named in said articles re-
side The register of deeds shall forth
with transmit to the commissioner Of in
surance his certificate stating the time
and place when srrh copy was recorded
ard shall be entitled to 4 fee Of twenty
FIVE cents therefor to he paid by the per-
son presenting the saue for record Upon
the receipt of such certificate the commits
siouer Of insurance shall Issue certificate
of incorporation.
b. Thereupop the persons subscribing
said articles and such ~ shall afterwards
become Insured thereby. shall he = corpor-
ation by the name mentioned in said arti-
cles with the usual powers aud subject to
the usrnl duties and liabilities Of cor
porntion for the purpose hereinafter men
toned.
amended by resolution adopted by four.
ffths OF TIE votes cast at any annual or
81 erial meeting. A notice reriting the
pFoposed amendment shall be given. by
mail to the members Mt least thirty DAYS
pror to the adoption Of any srch amend
ment The secretary shall give such no
tee unon request therfor ny ten more
members Within ten days after the aacn-
tion OF such amendment two copies thereof
and the minutes showing the vote by
which adopted and Of the affidavit Of the
seeretary of the mailing OF such notice.
verified as Spch by the affidavit or the
president and secretary. shall be for
warded to the commissioners of insurance.
and II approved by him and nv the attor-
ney general, the former shall file one copy
I'm his Office and attach to the other copy
his certificate Of such cling. Such certi-
fed copy shall be recorded as provided
for the articles Of organization and
like certificate made by the register OF
deeds.
Section Q Section 1910 Of the statutes
is amended to read; Section 1870 Any
such corporation may attach any
adjoining town or towns as part OF Its
territory In which 1t may thereafter do
business: provided the town or towns so
attached together with those already
within it's jurisdiction. shall not exceed
thirty, except In eases where all
such towns shall be within the same couu-
ty 40 town or towns shall be 40 at
tached except by amendment to the aru-
cles of organization provided
nothing herein contained shall affect any
company already doing business outside
of the county in which II is organized.
Section e This act shall take effect aud
be in force from and after Its passage
and publication
Approved April I. 1909