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 tho formation OF
a company for the purpose OF transact
ing the business OF insurance. and to
become incorporated under the pro-
visions or Act i36. p. A 1859. entitled
IAN act relative 10 the organization
and powers OF fire and marine insur-
ance companies transacting business
within thfs state" and the Acts amen
thereof do hereby declare that the fol-
lowing shall be copy OF the Articles
of Association TO BE adopted by us.
The names OF the petitioners. asso-
eiates and incorpoiators TO be are as
follows:
| J. Edward Ready. Monroe. Mich.
Walter w. TAFT. Detroit.
Edwin W. Abbott. Detroit.
Charles a Bachinann. Detroit
James Pringle, Detroit
Dana c. Day. Detroit.
Judson Broadway. Detroit
| Article 2.
The name by which the corporation
shall oe known shall be the Detroit
National Fire Insurance Company. It's
| place Of business shall be Detroit,
| In the State Of Michigan. and the tenure
OF the corporation shall be for thirty
years.
Article s.
4 pONp
be as follows:
LIST. To make insurance on dwelling
houses, stores, and all kinds of build
ings, and upon household furniture,
T, goods. wares. and merchandise. against
| loss or damage by fire.
End. To make Insurance upon any and
damage by lightning. wind. water or
either OF the same.
Article e.
That the corporate powers shall be
| exercised by a Board Of. Directors con-
sisting OF i've memberA and a quorum
number elected and serving. Vacan-
| cies during the year may be filled by
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
ity vote OF quorum thereof. Each
member OF the said Board TO be elected
! for such office shall be the owner OF
rot less than ten shares OF the stock
| of the company That the period OF
be on the First day Of January OF each
year, and the end thereof shall be on
the Thirty-first day OF December there
The officers OF the Company shall
| consist OF a President. JEe or more
| Vfce-Presidents. SECRETARY and Treas
urer. They shall be elected by the
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
TO be adopted. There may be employed
by the Board OF Directors or Officers
contract or other wise, and with such
titles as may be necessary TO the work
OF the corporation. and the. duties Of
all such appointees or employees shall
be prescribed by the bylaws
Article 5.
The amount OF the capital stock of
the corporation shall be Ono Hundred
Thousand Dollars. divided into Two
Thousand shares OF Fifty Dollars each
and this amount shall be subscribed
and paid in before the commencement
The time OF holding the annual meet
ing OF the stockholders of the corpora
ton shall be the First Tuesday OF Feb
ruary of each wear. and they shall be
at the Offices OF the Company I'm the
City OF Detroit, or to such other place
as may be desisaatsd BY adjournment
That the terms and conditions of
membership shall be the ownership OF
one or more of the shares OF the stock
IN WITNESS WHEREOF. we. the
undersigned, do hereby associate our
selves for the purpose of making this
and erfcct TO the Articles. and do here.
unto sign our name this 10th day OF
j. EDWARD READY.
WALTER w. TAFT,
EDWIN w. ABBOTT,
CHARLES A. BAcHMANN,
JAMES PRlNGLE,
DANA G. DAY,
JUDSON BRADwAY.
State OF Michigan. County of Wayne. as
On this 10th day OF February. 1911.
before me, a. Notary Public. In and for
saii County, personally appeared ".
Edward Ready, Walter w. TAFT, Edwin
w. Abbott, Charles A. Bachmann. James
Pringle, Dana e. Day. Judson Broadway,
known to me TO oe the persons named
I'm and who executed the foregoing In
strument, and severally acknowledged
that they executed the same freely and
for the intents and purposes therein
GEO. II. KEYEs,
Notary Public,
Wayne County, Michigan.
My commission expires Sept Is. 1911