St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1909-05-07

and such proxy so appointed shall have
full power to represent such member as
Sec. II. The treasurer Of such conf
pany shall give such bonds to the com;
determine. to be approved by the presi-
dent and secretary.
Sec. IL. The directors may authorize
said treasurer to loan on first real estate
hands as they may determine, or au-
thorize him to deposit any n all sums
Of n, money IN his hands IN such bank or
Sec. 10. No township mutual fire in,
surance company heretofore organized
and no company organized pursuant to
side of. the limits Of the town or towns
In which such company is authorized by
It's certificate or articles OF incorporation
after provided; nor shall any township
mutual fire insurance company insure
any property other h dwellings and
contents. live stock, farm machinery,
hay, grain in the bin or stack. churches.
schoolhouses, society. and town nails.
tents, parsonages and their contents. and
ton herewith, buttermakers' dwelling
tents aHass5 used aap ii, no Connection Or therewi H. ~'''
No such company shall insure n
property within the limits Of any city or
gaf;,a11v ex 1;se9 ft that fa1 loGated or upon sarde eahag
purposes, . but whenever che dwelling
house Of any person insured is within
the limits Of a town where the company is
authorized to do business. and the farm
on which such dwelling Is situated Is
partly within and partly without such
town, It may include IN such insurance
any out buildings, hay, grain, stock or
side Of such limits.
Sec. II. Any member may terminate
his membership. in the company by Civ,
paying the withdrawing members share
Of all existing claims. Non-residents
owning property in any town where any
such Company is authorized to do bust;
ness may become a member with all
rights thereof except eligibility to Office.
The board Of directors may. by a ma
policy BY giving written notice Of the
cancellation to the member holding such
policy.
action Of the board Of directors shall be
recorded In the minutes Of the meeting Of
Sec: IS: 4 township mutual fire in.
against loss or damage n fire or light
a term of more than five g.. years.
n mpan ": may rne collect Hesa'i by advance aa' ass Sas
ment and maintain in its treasury an
FUND not exceeding two mills
on a dollar of the total amount of in
Of losses and for other purposes for
which assessments may be used.
Sec Sec: II: s ,Ys1a t9 3o;nt in insurance nrrf;s1 g Sons
in conjunction with adjoining, companies
Of the same class, and in such case they
are not confined to the towns in which
joint or partial risk shall be valid or
binding upon the company insuring the
panies holding prior risks on property so
insured. and the total amount Of such
joint insurance on any one piece Of
percentage of its value for which such
property is insurable by, u company.
Sec. 1S. The president and secretary
plications and sign and issue policies.
agreeing in the name of the company
to pay al losses and damages, not ex-
sustained by reason of fire or lightning,
for the term therein specified, and every
application for insurance made to any
by the proper officer, shall be- Of the
same force and effect as a regularly is
sued policy, and contract of insurance,
o II riV or agent IT, the property spesiaed
lM ed in the same manner and to the
same extent as If covered by a regular
| DOl1Cy 1SSuCu oCCOIotAS ~ A"" oAAo III
thgt there shall Gd the be G no liab}li+~ p o9 such
application against any company that
ing by proper resolution, adopted the
plan Of making such applications of
equal force and effect with regularly is
sued policies.
Before the delivery Of any policy the
company shall collect regular cash pre-
MUM and policy fee and take the writ
ten a 4gEsramith Of the sb 5nTur bs e 9i sXea
in his application, to a a a PRO rata
share of losses or damages sustained by
any member. -,
'h see sec IS. Every such ompany may
classify property insured under different
sible to the greater or less risk from fire
by reason Of location or construction.
AND 'ss 9isfd its policieS w II a%eSerdaa a9y T Iafa
Shall be ascertained which exceeds in
amount the cash funds Of the company.
the secretary, or in his absence, the
Who shall levy an assessment upon each
a1nount Which he should pay to cover
roW not oti to exceed two mills on Zach dol
in force. and from such fund pay such
If the fund for the payment Of ex-
penses is insufficient the amount of the
deficiency may be added to any assess
ment.
uits at law may be brought against
any member Of such company who shall
refuse or neglect to pay any assessment
made upon them by the provisions Of this
act, and the directors of any company SO
formed who shall willfully neglect or re-
fuse to perform the duties imposed upon
them by law shall be liable in their in
dividuai capacity to the person sustain
It shall be the duty of the secretary
whenever such assessment shall haze
been completed, to Immediately notify
by letter sent to his usual postofhce ad-
dress, of the amount of such loss. and
the sum due from him as his share there
of, and Of the time when and to whom
time Shall not be less than sixty nor
more than ninety days from the date of
such notice, and every person designated
to receive such money may demand and
amount due on such assessment as afore-
said, for his fees in receiving and paying
over the same.
or damage by fire or lightning shah i'm:
mediately notify the secretary who. if
the claim exceeds three hundred dollars.
may forthwith convene the directors.
The directors shall appoint a counties
shall be one, to ascertain the amount OF
such loss, with authority to xamine wit
nesses, to whom the secretary is hereby
authorized to administer oaths.
Whenever the bylaws so provide. he
may act in place of and with all the ALL
thority Of such committee: and when the
claim does not exceed three hundred dol
lars. the loss may be ascertained by the
president and secretary, or either. With
\ In case :: Of failure of the parties tc
aglee as to the amount Of loss it is mu'