Source: http://mdh.contentdm.oclc.org/cdm/ref/collection/molaws/id/44932/
Timestamp: 2019-08-23 19:40:42
Document Index: 395254526

Matched Legal Cases: ['§ 1', '§ 2', '§ 4', '§ 1', '§ 2', '§ 4']

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MISSOURI, 6 3
MISSOURI MUTUAL INSURANCE COMPANY OF ST. LOUIS.
AN ACT to incorporate the Missouri Mutual Insurance Company of St. Louis.
Sec. 1. Company established; style, location and capitol thereof.
,  2.. Commissioners appointed to open books of subscription.
3. Company incorporated, privileges of incorporation granted,
4. Stock subscribed, when and how paid,
5. Powers and rights of the company.
6. Business of the. company to be managed by directors,
" ib. Election of directors, when and how conducted,
7. President thereof to be chosen, and how.
'8.    Powers of the directors..
. 9, Stock declared personalty, and transferrable.
10. Company may hold real estate, howand when,
ib. Liabilities in certain cases, prescribed.
11. Policies of insurance how executed; effect thereof.
12. Stock to be divided, in ease of excess subscribed.
13. Thisaet declared public, construction thereof,
ib. Date of effect and duration of the same.
14. Power of company, after expiration of its charter.
Be it enacted by the  General Assembly of the Stale of Missouri, as follows:
§ 1. That an insurance company to be called "The Missouri Mutual Insurance Company," shall be established in the City of St. Louis, with a capital stock
of one hundred thousand dollars, which may be increased at the will of the
stockholders, to any amount not exceeding four hundred thousand dollars, divided into shares of one hundred dollars each, to be subscribed and paid for by
individuals, companies or corporations, in the manner herein specified.
§ 2. Nathan Ranney, Samuel Merry, Elkanah English, Trusten Polk,Josh-
ua Stanford, Cornelius Campbell, A. Annan, John Whitehill and Green Erskin,
or any three of them, be, and they are hereby authorized to open books of
subscription in said city, for the capitol stock of said company, on the first
Monday in April next, and keep them open every day from,ten o'clock A. M.,
till four o'clock P. M. for the space of six days, when the same shall be closed.
If within the said six days, five hundred shares shall have been subscribed for,
it shall be lawful for the subscribers to meet, after fifeen days notice, in the
public prints, of the time and place of meeting shall have been given, and
choose their directors, who may, at, any time after ten days public notice given,
cause the subscription books to be opened, and continue open until the whole
amount of said stock shall have been taken.
§.3. The subscribers for the stock of the company aforesaid, their associates,
successors and assigns, shall be, and they are hereby ordained, constituted and
declared a body corporate and politic, by the name and style of '.'The Missouri
Mutual Insurance company of St. Louis,",, and by that name they and their
• successors, shall have perpetual succession, and shall be capable in law of contracting and being contracted with, of suing and being sued, of impleading and
being impleaded, of answering and being answered unto, of defendingand being defended against, in all courts and places whatever, in all manner of actions, suits, complaints and causes; and they and their successors may have and
use a common seal.
§ 4. The payment of the stock subscribed shall be made and completed by
the subscribers, respectively, at the time and in the manner following, that is to
say: at the time of subscribing there shall be paid, on each share, one dollar, after the election of directors, and before the company shall go into operation,
there shall be paid, upon each share, ten dollars; and the balance upon each share
shall be subject to the call of the director.    And the said company shall not be
Identifier LAWS_9th_1836-1838_0399.tif
Transcript MISSOURI, 6 3 MISSOURI MUTUAL INSURANCE COMPANY OF ST. LOUIS. AN ACT to incorporate the Missouri Mutual Insurance Company of St. Louis. Sec. 1. Company established; style, location and capitol thereof. , 2.. Commissioners appointed to open books of subscription. 3. Company incorporated, privileges of incorporation granted, 4. Stock subscribed, when and how paid, 5. Powers and rights of the company. 6. Business of the. company to be managed by directors, " ib. Election of directors, when and how conducted, 7. President thereof to be chosen, and how. '8. Powers of the directors.. . 9, Stock declared personalty, and transferrable. 10. Company may hold real estate, howand when, ib. Liabilities in certain cases, prescribed. 11. Policies of insurance how executed; effect thereof. 12. Stock to be divided, in ease of excess subscribed. 13. Thisaet declared public, construction thereof, ib. Date of effect and duration of the same. 14. Power of company, after expiration of its charter. Be it enacted by the General Assembly of the Stale of Missouri, as follows: § 1. That an insurance company to be called "The Missouri Mutual Insurance Company," shall be established in the City of St. Louis, with a capital stock of one hundred thousand dollars, which may be increased at the will of the stockholders, to any amount not exceeding four hundred thousand dollars, divided into shares of one hundred dollars each, to be subscribed and paid for by individuals, companies or corporations, in the manner herein specified. § 2. Nathan Ranney, Samuel Merry, Elkanah English, Trusten Polk,Josh- ua Stanford, Cornelius Campbell, A. Annan, John Whitehill and Green Erskin, or any three of them, be, and they are hereby authorized to open books of subscription in said city, for the capitol stock of said company, on the first Monday in April next, and keep them open every day from,ten o'clock A. M., till four o'clock P. M. for the space of six days, when the same shall be closed. If within the said six days, five hundred shares shall have been subscribed for, it shall be lawful for the subscribers to meet, after fifeen days notice, in the public prints, of the time and place of meeting shall have been given, and choose their directors, who may, at, any time after ten days public notice given, cause the subscription books to be opened, and continue open until the whole amount of said stock shall have been taken. §.3. The subscribers for the stock of the company aforesaid, their associates, successors and assigns, shall be, and they are hereby ordained, constituted and declared a body corporate and politic, by the name and style of '.'The Missouri Mutual Insurance company of St. Louis,",, and by that name they and their • successors, shall have perpetual succession, and shall be capable in law of contracting and being contracted with, of suing and being sued, of impleading and being impleaded, of answering and being answered unto, of defendingand being defended against, in all courts and places whatever, in all manner of actions, suits, complaints and causes; and they and their successors may have and use a common seal. § 4. The payment of the stock subscribed shall be made and completed by the subscribers, respectively, at the time and in the manner following, that is to say: at the time of subscribing there shall be paid, on each share, one dollar, after the election of directors, and before the company shall go into operation, there shall be paid, upon each share, ten dollars; and the balance upon each share shall be subject to the call of the director. And the said company shall not be