The Detroit times., 1911-03-13
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
a company for the purpose OF transact
Ing the business OF insurance. and TO
become Incorporated under the pro-
visions or Act l36. T. A. 1859. entitled
AN act relative TO the organization
and powers OF hre and marine insui-
ance companies transacting business
within thiS state. and the Acts amen
datory thereto and supplemental
thereof. do hereby declare that the fol-
lowing shall be copy OF the Articles
Article 4.
The names OF the petitioners. assoc
elates ana lneorpogators to be are as
J. Edward Ready Monroe. Mich
walter w TAFT Detroit
Edwin w. Abbott. Detroit
Charles A. Baehnann. Detroit
James Prlngle, Detroit.
Dana &. Day, Detroit
Jud1on Bradway. Detroit
!. Article =.
The name by which the corporation
shall ne known shall be the Detroit
National Fire Insurance Company It's
In the State OF Michigan. and the tenure
OF the corporation shall be Tor thlrIy
years.
Article l.
The purpose OF che corporation shall
. LIST. To make insurance o. dwelling
houses, stores, and ali kinds OF build
ings. and upon household furniturs.
goods. wares. and merchandise against
loss or damage by lire.
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.
That the corporate powers shall be
exercised by Board OF Directors con-
sisting OF i've members, and quorum
OF widch shall De q majority OF the
. cles during the year may be- allied by
the Board until the next annual cleo
ton. said directors shall be elected
by the stockholders at their annual
meeting as herein provided. Dy major
tyFvote 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
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-hrs day or December there
sitter.
consist OF President. me or more
Vice Presidents Secretary and Treas
urer. They shall be elected by the
Board OF Directors after the Board shall
The President and Vice President shall
= be elected from the Board and the other
offers may be members Thereon, Dur
shall be stockholders. Duties or OIL
GERS shall be prescribed b. the bylaws
10 be adopted. There may he eTrploye ed
by the Board OF Directors or officers
such other persons Tor pos mith .no o
titles as may be necessary to the work
OF the corporation. and the duties OK
all such appointees or employees snail
be prescribed by the bylaws.
Article 5.
The amount OF ne capital stock or
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 he the First Tuesday OF Feb
ruary OF each wear. and they shall be
at the offices ~ the Company IN the
city OF Detroit. or to such other place
as may be des's r,,ss ey adjournment
That the terms and conditions Of
membership shall be the ownership or
one or more OF the f .6syes ps 81 the
IN WITNESS WHEREOF. We. the
undersigned, do hereby associate our
selves for the purpose OF making this
and eftcct "a the articles, and do here.
unto Sign our name this 10th day OF
j. EDWARD READY,
WALTER W TAFT,
EDWIN w. ABBOTT,
CHARLES a. BACH MANN
JAMES PR1NGLE.
DANA c. DAY,
JUDSON BROADWAY.
State OF Michigan. county OF Wayne, 50
On this 10th day Of February. 1911,
before me, n Notary Public. In and, 70"
sail County. personally appeared ".
!. Edward Ready, Walter w. TAFT. Edwin
w, Abbott. Charles a. Bachmann, James
Pringle Dana G. Day, Judson Broadway
known Tn me to re The persons named
in. and who executed the foregoing IN,
strument and seYerally acknowledge
that they executed the same freely aud
for the intents and purposes therein
GEo. IT. KEYES
Notary Public,
WAYNE County, Michigan.
NV commission expires Sept. Is. 1911