ll other persons who shall make application for that purpose, and to nake all and every insurance appertaining to or connected with health isks, of whatsoever kind or nature, payable in such sums and on such onditions and to such persons as may be prescribed in the by-laws of aid corporation.

other officers.

SECTION 4. That all the corporate powers of said corporation shall Corporate powbe exercised by a board of directors and such officers and agents as they ers to be exernay appoint; the board of directors shall consist of five cised by board inpersons, of directors & luding the president, to be elected from among the stockholders; said lirectors shall annually elect from among themselves a president, who hall continue in office for one year, or until a successor is chosen, and he directors shall have power to declare by by-laws what number of lirectors less than the whole shall form a quorum for the transaction of usiness.

SECTION 5. That all persons who shall hereafter insure with said Who shall be ompany shall become members during the period they shall remain members. nsured by said company, and no longer, and shall be entitled to one

vote at all elections for directors of said company.

SECTION 6. That every person who shall become a member of this cor- Rates of premiporation by effecting insurance therein, shall pay such rates of premiums ums. is shall be fixed upon and determined by the directors, and no member 30 insured shall be liable for any losses or expenses of said company beyond the amount agreed on in the application or policy of such nember.

SECTION 7. That the directors may determine the rates of premiums, Rates of premihe terms of insurance, and the sum to be insured from time to time, as ums deterthey may deem expedient.

mined.

SECTION 8. That it shall be lawful for said corporation to invest its Premiums how capital, premiums, or profits, in bonds, mortgages, notes, ground rents, invested. stocks and loans of the United States and State of Pennsylvania, and

to sell, transfer and change the same, and re-invest the funds of said

corporation, when the directors shall deem it expedient.

SECTION 9. That the directors shall, on or before the first Monday Annual statein January of each year, cause a statement of the affairs of the compa- ment of affairs. ny to be made, and a balance to be struck of the profit and loss account, and if there shall be any ascertained profits or surplus after paying all losses and expenses of the company for the preceding year, and providing for outstanding risks, the directors shall first set apart said profits, and divide therefrom to the subscribers to the guaranty capital a sum not exceeding six per cent. per annum on the stock held by them: Pro- Proviso. vided, So much of said profits remain after paying said losses and expenses, and providing for said risks; and in case there is not sufficient remaining, as aforesaid, to pay aforesaid dividend of six per cent to the stockholders in any one year, the same may be made good and payable at any subsequent period, when the net resources of the company shall be sufficient for that purpose.

fund.

SECTION 10. That after providing for all risks, losses, incidental ex- Surplus to be penses and dividends, as specified in the preceding sections, then a reserved as a moiety or half part of the remaining profits and surplus, if any there be, contingent shall be reserved by the directors as a contingent fund, for the purpose of meeting the demands upon the company in seasons of extraordinary sickness, and the other moiety or half part of said remaining profits and surplus may be divided among the persons then insured, according to their respective interests, but no dividend whatever shall be made whereby the capital stock of said corporation shall be reduced or impaired, only as provided above.

Forfeiture of stock.

Annual balance statement of affairs.

Contents of statement.

Business of corporation

00.

Meetings.

SECTION 11. That in case of the death of any stockholder or person insured, the amount standing to his or her credit, if any, shall be paid over to his or her legal representatives within ten days after due proof of the same, the profits and dividends of such stockholders and persons insured as have ceased to comply with the rules and regulations of the company by non-payment of premiums, or a renewal of the policy of insurance, shall be forfeited to the use of the company.

SECTION 12. That within thirty days after the first Monday in Jan. uary, one thousand eight hundred and fifty-three, and annually there after, the directors of said company shall cause to be made a general balance statement of the affairs of said company, which shall be en tered in a book prepared for that purpose: Such statement shall contain:

I. The amount of premiums received during the previous year, and
the amount of interest received from investments and loans.
II. The amount of expenses for the same period.

III. The amount of losses incurred within the same term.
IV. The balance remaining with the said company.

V. The nature of the securities in which the said balance is invested, and the amount of cash on hand, also a full account of exist ing policies; and the directors shall cause the said statement to be published at least in one newspaper published in Harrisburg, for tro weeks.

SECTION 13. That the business of the said corporation shall be ear ried on at such place in the borough of Harrisburg as the directors where carried shall direct, and at such agencies out of Harrisburg as they may estab lish, and the first meeting of this corporation shall be held as soon as practicable after the passage of this act, at which time five directors shall be elected by ballot, to serve until the end of the financial year or until others are elected in their place; the said directors shall pase all by-laws, rules and regulations necessary for the good government of the affairs of the company; they shall determine the rates of insurance, and the amount of each risk; they shall have the power of calling meetings and fixing stated periods for the same; also to appoint sact officers, agents and clerks, and fix the salaries of the same, as they shall deem necessary and expedient for the transaction of the business and the good of the corporation.

By-laws.

Penalty for SECTION 14. That if any director, officer, or other person connected embezzlement. with this institution, shall fraudulently embezzle or appropriate to his own use, or to the use of any other person, any money or other preperty belonging to said institution, or left with it as a special deposit or otherwise, he or they, upon conviction thereof in the court of quarte sessions, shall be fined in a sum not less than five hundred dollars, and be sentenced to and undergo an imprisonment in the penitentiary county prison, for any term not exceeding two years, at the discretion of the court: Frovided, That this conviction shall not prevent any person aggrieved from pursuing his or her civil remedy against suc person or persons.

Proviso.

Liability.

Vacancies how filled.

Election of officers.

SECTION 15. That every person who shall subscribe to the capital stock of this company shall be liable for the amount of his, her or their stock so subscribed, and the amount of premiums paid by them for insurance, and no farther.

SECTION 16. That the board of directors may fill vacancies in their body occasioned by death, resignation, removal, or refusal to act; the said appointments to continue until the next annual election of directors: the election for directors shall be held on the first Monday of January in each year, at such place in the borough of Harrisburg, and at such

an hour in the day, as the directors shall designate, of which time and place the secretary shall give notice at least two weeks previous, in one or more newspapers published in Harrisburg, and the directors shall appoint three persons from among the stockholders to conduct said election; such election shall be by ballot, and a plurality of votes given shall elect; each shareholder shall be entitled to vote as follows: For one share one vote, for three shares two votes, for six shares three Ratio of votes. votes, for ten shares four votes, for sixteen shares five votes, for twenty-five shares six votes, for thirty-five shares seven votes, for fifty shares eight votes, for seventy-five shares nine votes, for one hundred shares and upwards ten votes; absent stockholders may be represented by proxy.

SECTION 17. That no person shall be eligible to the office of director, Eligibility. secretary, treasurer, or actuary, who does not hold at least five shares of the guaranty capital stock.

SECTION 18. That the officers, agents and stockholders, may be ex- Suits. amined as witnesses in all suits at law wherein the said company is a party.

JOHN S. RHEY,

Speaker of the House of Representatives.

JOHN H. WALKER,

Speaker of the Senate.

APPROVED-The eighteenth day of March, A. D. one thousand eight hundred fifty-two.

WM. BIGLER.

No. 408.

AN ACT

Incorporating the English Lutheran Congregation at Columbia, Lancaster

county.

SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That Corporation. the members of the English Lutheran Church of the borough of Columbia, in the county of Lancaster, be and the same are hereby created and erected into one body politic and corporate, in deed and in law, by the name, style and title of "The English Lutheran Congregation at Style. Columbia."

SECTION 2. That the said corporation, by the same name, style and Privileges. title, shall have perpetual succession, and be able to sue and be sued, implead and be impleaded, in all courts of law and elsewhere, and shall be able and capable in law and equity to take, hold and enjoy, for the use of said church, such lands and tenements, goods and chattels, as now are or hereafter shall become the property of the said church or corporation, or to be held for its use, by gift, grant, devise, bequest, or otherwise, from any person or persons whomsoever capable of making

Proviso.

Business of corporation how conducted.

Trustees.

Annual elections.

Who shall vote.

Management of property.

Seal.

Proviso.

the same, and the same to grant, bargain, sell, mortgage, encamber. improve, or dispose of, for the use of the said congregation: Provided. That the value or clear yearly income of said estate shall not exceed the sum of three thousand dollars.

SECTION 3. That the business of said corporation shall be conducted by not less than three nor more than five trustees, who shall choos: from their number a president, a secretary, a treasurer, and such other officers as they may from time to time deem necessary for the better government of said corporation, and until others are elected as is here inafter provided: The following persons shall be the trustees, to wit John Hippey, Henry Pfahler, and Andrew Gohn; one of said trustees shall hold his office until January first, one thousand eight hundred and fifty-three; one until January first, one thousand eight hundred and fifty-four; and one until January first, one thousand eight has dred and fifty-five; the annual election to take place on the first day of January in each year, when a new trustee shall be elected for the term of three years.

SECTION 4. That no person shall have the privilege of voting fr any church officers, or for any affairs appertaining to the church, wh is not a member of the said church and in full communion.

SECTION 5. That the said trustees and their successor in office, sha have the whole care and management of the property, real, personal or mixed, belonging to the said corporation, and be accountable there for their official conduct.

4

SECTION 6. That the said trustees shall have full power make and use one common seal, with such device or inscription thereen as they may deem proper, and the same at pleasure to break, alter er renew, and also to enact such by-laws and ordinances, and enforce the same, from time to time, as they may judge necessary and expedient for the prosperity and good government of the said corporation: Previded always, That the same be not inconsistent with the constitution and laws of the United States or of this State, or with the forms of discipline by which said congregations are governed.

APPROVED-The twentieth day of March, one thousand eight has

dred and fifty-two.

WM. BIGLER.

No. 409.

AN ACT

To provide for the payment of surveyors when employed in locating roads, in
Washington county; to incorporate the Odd Fellows' Hall Association of
Coopersburg, Lehigh county; and to vacate a certain road in Dauphin
county.

SECTION 1. Be it enacted by the Senate and House of Represen tatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That from and after the passage of this act, it shall be the duty of the Compensation treasurer of Washington county to pay to every surveyor engaged in of surveyors in locating and making draughts of roads, two dollars per day for every Washington co. day necessarily employed in accordance with the requisitions of the orders of court for the location of roads within the said county of Washington.

SECTION 2. That Charles L. Mohr, Jesse Gruber, Jacob Cooper, Corporators. Reuben Winsele, Daniel Cooper, John Henry Dickenshied, Aaron Butterweck, Tobias Gross, Harvey S. Ball, Milton Cooper, Levi Line, Edward Scider, and Theobold Ulrich, and their successors, and all persons who now are or hereafter may be associated with them, be and they are hereby created and erected into a body politic and corporate, in deed and in law, by the name, style and title of "The Odd Fellows' Style. Hall Association of Coopersburg, Lehigh county," and by that name shall have perpetual succession, and be able to sue and be sued, plead and be impleaded, in any court of law or equity, or elsewhere, and shall be able and capable in that name, in law and equity, to take and Privileges. hold, to them and their successors, either by grant, gift, devise, lease, or otherwise, any lands or real estate, with a building thereon erected, for the use of said association, or lands or real estate, for the purpose of erecting thereon buildings for the use of said association, and also to take and hold for the use of said association any goods and chattels, sum or sums of money, by gift, grant, bargain, sale, devise, will, bequest, or otherwise, from any person or persons whatsoever capable of making the same, and the same at their pleasure to grant, bargain and sell, for the use of said association, and generally to do all and singular the matters and things which shall be lawful for them to do for the well-being and management of the affairs of said association: Provided, Proviso. That the real estate of which the said corporation shall be at any time possessed, shall not exceed the clear yearly value of two thousand five hundred dollars.

SECTION 3. The object of the said corporation shall be to provide, Object. erect and furnish a hall and suitable buildings in the village of Coopersburg, and county of Lehigh, for the accommodation of the members of Coopersburg lodge of Odd Fellows, and other lodges that may be established in said village, to hold their meetings in.

SECTION 4. That it shall and may be lawful for said corporation to Seal. have a common seal, and the same at will and pleasure to change, alter and renew, as they shall think proper, and shall have and exercise all the rights, privileges and immunities necessary for the purposes of the corporation hereby constituted and as herein expressed.