Source: http://mdh.contentdm.oclc.org/cdm/ref/collection/molaws/id/46555/
Timestamp: 2019-10-21 23:54:04
Document Index: 216266181

Matched Legal Cases: ['§ 2', '§ 3', '§ 4', '§ 5', '§ 6', '§ 2', '§ 3', '§ 4', '§ 5', '§ 6']

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MISSOURI. 247
AN ACT supplementary to an act entitled "an act to incorporate the St. Louis Hotel Company of the City of St. Louis," approved January the 27th, 1837.
Sec. 1.    Name of the company changed.
2. Capital stock may be increased. /  .
3. Insurance privileges granted to the company.
4. Original act of incorporation to be applied to the powers herein granted.
6. Restrictions on a certain other company rendered applicable to this company.
§ I. The name of said company shall be changed to "the Planter's House,
and Insurance Company of St. Louis," and nothing contained in the first section of the act, to which this is supplementary, shall be construed to require a
particular name to be given to the Hotel in progress of erection by said company.
§ 2. The capital stock of said company shall be increased, at the will of the
stockholders, to any amount not exceeding five hundred thousand dollars, and
books of subscription for the same may be opened at any time and place to be
designated by the directorsof the company.
§ 3. In addition to the powers contained in the act to which this act is supplementary, the said company shall have power to insure all kinds of property against
loss or damage by fire or any other cause or risk; to make all. kinds of insurance
against loss or damage on goods, wares, merchandise or other thing in the
course of transportation by land or water; to make insurance on lives; to grant
and purchase annuities; to make any other contract involving the duration of
life; to receive money in trust; to accept and execute trusts; to loan money on
bottomry or respondentia, or otherwise; to insure or guarantee the payment
of promissory notes, bonds, bills of exchange, or other moneyed obligations at
the time they become due; and generally to do and perform all matters and
things suitable to be done in relation to, or connected with the objects of said
company as expressed in this act, or the act to which this is supplementary.
§ 4. The provisions of the act, to which this is supplementary, shall he considered as applicable to the additional objects and powers of said company as
§ 5. This act shall be in force from the time that it shall be accepted by
two thirds of the present stockholders of said company, who have heretofore
paid any portion of the stock by them subscribed.
§ 6. The powers vested in said company, by virtue of the third section of
this act, shall be subject to all the restrictions and limitations imposed on the
Union Insurance company by the ninth section of "an act to incorporate the
Union Insurance Company of the City of St. Louis," approved January 25th,
Identifier LAWS_10th_1838-1839_0247.tif
Transcript MISSOURI. 247 ST. LOUIS HOTEL COMPANY. AN ACT supplementary to an act entitled "an act to incorporate the St. Louis Hotel Company of the City of St. Louis," approved January the 27th, 1837. Sec. 1. Name of the company changed. 2. Capital stock may be increased. / . 3. Insurance privileges granted to the company. 4. Original act of incorporation to be applied to the powers herein granted. 5. Date of effect of this act. 6. Restrictions on a certain other company rendered applicable to this company. Be it enacted by the General Assembly of the State of Missouri, as follows: § I. The name of said company shall be changed to "the Planter's House, and Insurance Company of St. Louis," and nothing contained in the first section of the act, to which this is supplementary, shall be construed to require a particular name to be given to the Hotel in progress of erection by said company. § 2. The capital stock of said company shall be increased, at the will of the stockholders, to any amount not exceeding five hundred thousand dollars, and books of subscription for the same may be opened at any time and place to be designated by the directorsof the company. § 3. In addition to the powers contained in the act to which this act is supplementary, the said company shall have power to insure all kinds of property against loss or damage by fire or any other cause or risk; to make all. kinds of insurance against loss or damage on goods, wares, merchandise or other thing in the course of transportation by land or water; to make insurance on lives; to grant and purchase annuities; to make any other contract involving the duration of life; to receive money in trust; to accept and execute trusts; to loan money on bottomry or respondentia, or otherwise; to insure or guarantee the payment of promissory notes, bonds, bills of exchange, or other moneyed obligations at the time they become due; and generally to do and perform all matters and things suitable to be done in relation to, or connected with the objects of said company as expressed in this act, or the act to which this is supplementary. § 4. The provisions of the act, to which this is supplementary, shall he considered as applicable to the additional objects and powers of said company as herein expressed. § 5. This act shall be in force from the time that it shall be accepted by two thirds of the present stockholders of said company, who have heretofore paid any portion of the stock by them subscribed. § 6. The powers vested in said company, by virtue of the third section of this act, shall be subject to all the restrictions and limitations imposed on the Union Insurance company by the ninth section of "an act to incorporate the Union Insurance Company of the City of St. Louis," approved January 25th, 1837. APPROVED, Feb. 9,1839.