The Detroit times., 1911-03-01
NOTICE OF DECLARATION OF
PURPOSE TO FORM A COMPANY
TO TRANSACT THE BUSINESS
OF FIRE INSURANCE IN THE
CITY OF DETROIT, MICHIGAN.

We. the undersigned. do hereby de-
clare that we intend the formation of
company for the purpose OF transact
ing the business OF insurance. and to
become Incorporated under the pro-
visions OF Act l36. p. A. 1859. entitled
AN act relative TO the organization
and powers of fre and marine insur-
ance companies transacting business
within this state and the Acts amen
.datory, thereto and .pppismendal
lowing shall be copy OF tue Articles
of Association to oe adopted by us.
Article I.
The names OF the petitioners. asso-
ciates and incorporates TO be are as
follows:
j.. Edward Ready. Monroe. Mich.
Walter w. TAFT. Detroit.
Edwin w. Abbott. Detroit.
Charles A. Bach.nann. Detroit
James Pringle, Detroit
Dana c. Day. Detroit
Judson Broadway. Detroit.
Article 2.
The name by which the corporation
shall De known shall be the Detroit
National Fire Insurance Company. Its
place OF business shall be Detroit
In the State OF Michigan. and the tenure
OF the corporation shall be for thirty
years.
Article 3.
The purpose OF the corporation shall
LIST. TO make insurance on dwelling
houses. stores, and all kinds OF build
ings. and upon household furniture,
goods. wares. and merchandise. against
loss or damage by rre
End. To make Insurance upon any and
every kind of property against loss or
damage by lightning. wind. water or
either of the same.
Article 4.
- =
exercised by a Board OF Directors con-
sisting OF five members. and a quorum
OF which shall be majority or the
number elected and serving. vacan-
the Board until the next annual cleo
ton. Said directors shall be elected
by the stockholders at their annual
meeting as herein provided. by major
member Of the said Board TO be elected
for such office shall be the owner OF
rot less than ten shares OF the stock
commencement of Its fiscal year shall
be on the First day Of January of each
year, and the end thereof shall be on
the Thirty-first day OF December there
sfter.
The officers OF the Company shall
consist of a President ore or more
e-Presidents. Secretary and Treas
Board OF Directors after the Board shall
have been elected by the stockholders.
The President and Vice President shall
be elected from the Board and the other
offers may be members thereof. but
shall be stockholders. Duties of OFF,
GERS shall be prescribed By the bylaws
10 be adopted. There may be employed
by the Board OF Directors or Officers
such other persons for positions. by
contract or other wise. and with such
titles as may be necessary TO the work
OF the corporation. and the duties OF
all such appointces or employees shall
be prescribed by the bylaws
Article 3.
The amount of the capital stock OF
Thousand Dollars. divided into Two
Thousand shares OF Fifty Dollars each,
and this amount shall be subscribed
and paid in before the commencement
Of business .,,,s,. n
The time OF holding the annual meet
ing of the stockholders of the corpora
ton shall BIO the First Tuesday or Feb
at the offices Of the Company In the
City OF Detroit, or to such other place
as may be designated by adjournment,
That the terms and conditions of
membership shall be the ownership OF
one or more OF the shares OF the stock
of the w eETg4Esion wa Hkk ERsFe we the
undersigned, do hereby associate our
selves for the purpose OF making this
declaration, and TO give legal notice
unto sign our name this 10th day OF
J. EDWARD READY,
WALTER w. TAFT,
EDWIN w. ABBOTT,
CHARLES a. BACHMANN,
JAMES PRlNGLE.
DANA c. DAY,
JUDSON Broadway.
state OF Michigan. County Of Wayne, 80.
on this 10th dayeo OF February. 1911.
before me, a Notary Public. in and for
ssit County; personally sppeared y
w. Abbott, Charles A. Bacbmann. JAMES
Pringle, Dana G. Day. Judson Broadway,
known 10 mo 10 De the persons named
in. and who executed the foregoing In
strument. and seyerally ACKNOWLEDGED
that they executed the same freely and
for the intents and purposes therein
GEO. II. KEYEs
Notary Public.
Wayne County, Michigan.
Ny commission expires Sept. Is. 1911