Charter Of The Philadelphia Fire And Inland Navigation Insurance Co

Excerpt from Charter of the Philadelphia Fire and Inland Navigation Insurance Company, With the Several Supplements: Incorporated 15th April 1835; Charter Perpetual-Capital $500, 000 See'r. 4. For the well-ordering Of the afi'airs Of the said corporation, there shall be tenx'directors, who shall be citiz'ehs Of this commonwealth and stockholders of the' said corporation, holdihg at least two shares each 'in their Own right, elected annually on the first ockholders, 'ht their general mee se assembled; public no tice of the time and place of holding such election having been given in at least two newspapers in the city of'philadel phia, not less than five days previous to holding'the Same; and the directors at their first meeting after each election shall choose one of their number as president; but in case it should happen at any time that an election Of directors should not be made upon any day when pursuant to this act it ought to have been made, the corporation, shall not for that cause he deemed to be dissolved; and it shall be'lawful On any day Within thii'jty days thereafter, to hold and make an election of directors in such manner as shall be regulated by the by-laws 'and Ordi nances Of the said corporation: and in case of any director's death or resignation, his place may be filled for the remainder of the year in such manner as the ordinances of the said corpo ration shall for that purpose direct: Provided, That the first election for directors shall he held at a time and place to be appointed by the Commissioners before mentioned, they giving notice thereof in manner aforesaid and the direetors so ch'os'en shall hold their Offices until the first Monday'in June, Ohe thousand' eight hundred'and thirty-six, and until new'dire'ctors shall be chosen. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Appropriation acts before 1911 published in the Laws of the General Assembly; 1911- in a separate volume.