The Virginia enterprise., 1909-04-30

any Corporation trsnsaesiass tho busiasss
& ne ohse Eas: . nie 's: e s
connected. With Or appertaining q tnsur-
4nce on life, or against accidents 60 or
sickness Of persons. ana the srAntmg.
ana endowments
o. To insure against loss. or damage
py the sickness, bodily injury or death
bX accident Of the assured. or Of any
Injury or death the assured 10 response
g. To guarantees the fidelity Of persons
On on 70 sat positions public Or
bonds. and for the performances Of ON
cial or other obligations.
q! To insure owners and others inter
age. BY reason Of defective titles, incSm-
orances, or otherwise. <
g. To insure against loss or damage
ty tRy @ @preakase of plate glass. located or in
.. TO insure against loss or damage
by burglary or theft. or attempt thereat.
ef of snspor9stiegy qss Of %9at1isy or in
10. To insure against loss or damage
oy water. caused by accidental break
age age or leakage Of automatic sprinkler
u IL: To insure against loss or damage
by death of live stock.
r. TO guarantee merchants and those
eenSaeed erasse e. IN business. and giving credit.
those dealing with them: this shall be
known a8 credit insurance.
u. TO insure against loss or damage
son re a@d oaeles othef pe9. eX col
operation. and against liability for dam
age to property Of others by collision
WIN such vehicles.
or damage to the property of another
caused by tho insured or bv those for
s Se of ess Sas such
ored Thousand dollars. except that Of one
OF subdivision 9 when organised solely
to to-, insure bicycles against loss by theft.
thousand dollars. But any company hav-
ing an actual paid up capital Of not less
tWo tHan eno aggregate capital REQUIRED Of
specified in subdivisions and 2. respec-
lively, or that specified in subdivisions
: and 9. respectively. by so providing in
Use ,ts certificate OF incorporation OF. amend
Of the two first mentioned or Of the two
last mentioned, and transact the same
a. an one corporation; and any corporation
aurpas Of at ssat fSras eap and
sand dollars and authorized to transact
business other than the kinds specified
may m sueG'of.i0ns efso a0Rs,a and rsspectiysly
kinds OF insurance. except those last
above specified Any such corporation
transacting the business specified in sub
o,Xis,on o1 one or subdivision two. or both
fsye hundred thousand dollars Si rsSs tsSoon sSon
ooo;9eD ooot2eDo by 50 providing in it's charter or
gage in the kinds Of business specified
IN II, subdivisions ~ ten and thirteen. or either
The certificate Of incorporation. in ad-
6ffinn -
srecify the territory in which it may do
business, and except In stock corpora
tions. the qualifications Of members, the
the ef P% pna sy and
sure.
The charter or certificate Of incorpora-
gsnzed ndsr aay
may be amended in respect to any mat
ter which an original certificate Of a cor
Poratlon Of the same kind might lawful
by the the sd0pt!S@ Of
amendment and BY the approval. {ilinS.
recording and publication Of the same in
II the manner prescribed! by the general
msnts to certificates Of Incorporation.
Sec. 2 This act shall take effect and
be In force from and after it's passage
Approved April q. 1909.
AN CHAPTER cHA ss1-H; F: NO: 45s. u
and fSy dSs RsvseS sw! 1 o9 fSs
state Of Minnesota for the year one
relating to provisions of standard poll
cy of fire insurance companies.
Be IT. 1t enacted ed, by the Legislature Of the
Section 1. That subdivision two (2) OF
section one thousand six hundred and
forty Q64O). Revised Laws Of the State
OF minnesota % for the year one thousand
0Y11 FVyh l.
same is hereby amended so as to read
as follows:
2. 1t may print or use in its policy
cation Of the he property M % Insured, i including i
permits for the use of electricity, gaso-
line: acetylene. or storage Of other extra
hazardous product or material, for re-
tion or ceasing. to operate. for the main
tenance of sprinkling or other improve
ments. and for the use of the premises
for ordinary work and materials incident
Any permit for the use Or storage of
q hazardous product may contain a eau
tion giving instructions as to the proper
method of use or storage.
It may print or use in its policy print
ed forms for insurance against loss of
rents and rental values, lease-holds Of
rect Or consequential loss or damage
caused by change Of temperature result
ing from the destruction Of refrigerating
or cooling apparatus, or any Of its con-
1t may also use a form specifically ex-
Guiding the last mentioned hazard.
When the policy covers lumber risk,
ing, Of which fact such Writing, Writing shall h % be
the only evidence. and IL in consideration
thereof a reduction in the rate Of premi-
Snown Sm is made as by BY the ss company the form
clause may be used, said form to be in
the Following terms. tO-wit:
The rate Of PREMIUM upon the within
socy nas to oefa te sT e from the sum sn Of
consideration Of such reduction the as
slred agrees that a continuous space of
:,:.:.;... feet shall hereafter at all
ty hereby insured and any woodworking
or manufacturing establishment: said
gpacs s,raa shall. In al cases exclude and be
any permanent structure or addition con-
nected with or attached to (here insert
description OF nearest .wood-worker);
said space not to be occupied by any in.
structure (here insert exceptions II any,
or by accumulation Of combustible ma
terials OF any kind and except the load
tattfon Of lumber :' Or timber rospe prodpets
across such clear space. It shall not be
used for handling. piling or sorting lum-
TsT foT os,sa tsmpGsafy purposes or otherwise
!,lbit the maintenance or operation with
IN said: clear space Of tranways used ex-
"lusively for the transportation OF lunn-
her, provided that lumber is neither piled
or stored thereon. Sorting platforms
shall not be held tramwavs within the
meaning Of this clause, and failure upon
the part Of the insured to comply with
the terms of this clause shall not avoid
1spty 1S of te n eopany
hut in case Of such failure the assured,
shall be liable to the company for the
difference in the premium herein before
ser forth.
It may also print or use in its policy
4 permit containing what is known az
the "WatchY1an Clause.n said clanaa fo