The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1909-07-29
No 300, 81 Published April q 1M|"
CHAPTER 81, LAWS OF 1909.

CHAPTER 81, LAWS Uk ISUS.
AN ACT to amend subsection Of section
1927 and section 1910 of the statutes. re-
lating to the organization and the
amendment Of the articles OF town mu-
tual insurance companies
The people Of the State OF Wisconsin.
represented In Senate ana Assembly. 40
enact as follows:
Section l. Subsection 3 of section 1927
Of the stntutes Is amended 70 read: 3.
Snch articles Of jrganization shall be sub
scrIhed by at least twenty five persons,
residents of the towns therein named.
who ere owners Of ut least twenty five
Thousand dollars worth Of property which
shall he insured by such corporation.
a. Two ROPES Of the original articles,
each accompanied by the affidavit Of two
Of tbe Sgnere thereof stating that they
ara personally acquainted with the sign.
ers and know them TO be the owners Of
property IL the amount stated III said
articles. which may hc insured FOR said
sum. and that such copy ~ trne and
com pletp copy Of the original articles of
organization, shall be forwarded 70 the
proved by him and the attorney general.
rte former Shal file one copy In his office
and attach 70 the other copy bic rertfti-
cate Of such hIng Such certified copy
The o7ice OF the register Of deeds Of the
county IN which the greater number OF
tie directors named IN said articles re-
side The register of deeds shall forth
With transmit to the commissioner of In
srrance HIS certificate stating the time
and place when such copy was recorded
Ave ceuts therefor TO be paid by the per-
son presenting the same for record. Upon
tie receint of such certifoatc the commits
sioHer cF Insurance shall Issue certificate
Of inC0rrpra tion
-. Tiesenpon THE persons subscribing
said articles, and such as shall afterwards
herolne insured thereby, shall he rorpor-
alton by the name mentioned In said erH-
~ rsual duties and liabilities of cor
porat'on FOR the purpose hereinafter men
toned
G Tire articles Of organization NAV he
amended hy q resolution adopted nv four
ffths Of the votes east at any annual or
q eriaI meeting A notice recttinR the
proposed amendment shall no given by
mail to the members at least thirty days
prior ia the adoption ~ INV Snrb amend
ment The secretary shall give such no.
tice upon request thnrfor nv ten more
members Within ten days after the ndon-
ton Of such awendTent two copies thereof
and the minutes showing the vote ny
witch adopted and If the affidavit Of the
secretary of the mailing OF such notice,
verified az such by the AFFIDAVIT or the
president and secretary. shall he for
warha4 to The commissioner Of insurance.
and II anrrovpd nv him and hv the attor-
ney general the former shall Gle one COPY
IN his cfTare and attach to the other copy
his certificate Of such 6ltng Such certt-
fed copy shall be rerorneh az tpro"in"d
for the articles of organization and
VIE certificate made by the register Of
deeds
Section . Section 1910 Of the statntes
,s amended to read: Section 1910 Any
such corporation may attach any
adjoining town or towns % part of its
territory In Which 1t may thereafter do
business proy;dpd} the town or towns so
attarbpd, together with those already
within its jurisdiction. shall not exceed
thirty, except In cases where all
such towns shall be within the Same rom
~ No town or towns shnll be at
tached except by amendment to the arti-
c,es OF or.ta nization provided
norhine herein contained shall affect any
company already doing business outside
If the county i'm which II Ia organized
Section e This net shall take effect and
he in force from and after It's passage
and notification
Approved April l. 1903.