the year one thousand eight hundred and thirty-eight, shall severally be and remain in force for the term of twenty years, from and after the tenth day of June, in the year one thousand eight hundred and fifty-one; and said company shall continue to be a corporation through that term, under the name of the Fireman's Insurance Company; with all Powers and duthe powers and privileges, and subject to all the duties, liabilities, and restrictions, set forth in the thirty-seventh chapter of the Revised Statutes, and in all subsequent acts concerning insurance companies, so far as they are applicable to the corporation hereby continued. ties. SECTION 2. The capital stock of the said company shall Capital stock. be three hundred thousand dollars, and shall be divided into Shares. shares of twenty-five dollars each, and shall be invested according to the laws of this Commonwealth; and the said company may purchase, hold, and convey, any estate, real or personal, for the use of said company: provided, that Proviso. they shall not hold real estate exceeding the value of one hundred thousand dollars, excepting such as may be taken. for debt by said company, or held as collateral security for debts due to them. February 7, 1850. [1825, 44; 1832, 39; 1833, 3.] AN ACT to continue in force the Act to incorporate the National Insur Be it enacted, &c., as follows: ance Company. Chap. 11. years, from Feb duties. SECTION 1. The act passed on the eighteenth day of June, Continued 20 in the year one thousand eight hundred and twenty-five, ruary 18, 1852. entitled an act incorporating the Etna Insurance Company, in Boston; the act passed on the eighteenth day of February, in the year one thousand eight hundred and thirty-two, entitled an act to change the name of the Etna Insurance Company, and for other purposes; and the act passed on the twenty-first day of January, in the year one thousand eight hundred and thirty-three, entitled an act giving additional Powers and powers to the National Insurance Company, shall severally be and remain in force for the term of twenty years, from and after the eighteenth day of February, in the year one thousand eight hundred and fifty-two; and said company shall continue to be a corporation through that term, under the name of the National Insurance Company, with all the powers and privileges, and subject to all the duties, liabilities, and restrictions, set forth in the thirty-seventh chapter of the Revised Statutes, and in all subsequent acts concerning insurance companies, so far as they are applicable to the corporation hereby continued. SECTION 2. The capital stock of the said company shall Capital stock. be five hundred thousand dollars, and shall be divided into Shares. shares of fifty dollars each. Real estate. SECTION 3. The said company may purchase and hold real estate, within this Commonwealth: provided, their real estate shall not exceed the value of one hundred thousand dollars, excepting such as may be taken for debt, or held as collateral security for moneys due to said company. [1849, 21.] February 7, 1850. Chap. 12. AN ACT to repeal in part the Act to incorporate the United Interest Insurance Company, and to extend the time for paying in its Capital Stock. 1849, 21, modified. Be it enacted, &c., as follows: SECTION 1. So much of the third section of the act to incorporate the United Interest Insurance Company, passed on the sixteenth day of February, in the year one thousand eight hundred and forty-nine, as requires the capital stock to be divided into shares of one hundred dollars each, is Shares to be 850. hereby repealed, and said stock shall be divided into shares of fifty dollars each. Time for paying in capital stock SECTION 2. The time within which the capital stock of extended to April said United Interest Insurance Company is, by law, required to be paid in, is hereby extended to the first day of April, in the year one thousand eight hundred and fifty-one. 1, 1851. [1852, 8; 1854, 4; 1857, 68; 1859, 26.] [1829, 72.] February 7, 1850. Chap. 13. AN ACT to enlarge the powers of the Hampshire Mutual Fire Insurance May insure throughout the Amount. Be it enacted, &c., as follows: Company. SECTION 1. The Hampshire Mutual Fire Insurance ComCommonwealth. pany is hereby authorized and empowered to insure personal property, wherever situate, within this Commonwealth, against loss or damage by fire, to an amount not exceeding three-fourths of its cash value, for a term not exceeding seven years: provided, that, at a legal meeting of the members of said company, called for the purpose, a majority of those in interest shall vote to accept the same. Proviso. When to take effect. SECTION 2. This act shall take effect from after its acceptance by the company. February 7, 1850. [1856, 36.] Chap. 14. AN ACT to incorporate the Manufacturers' and Mechanics' Insurance Corporators. For 20 years. In Haverhill. Be it enacted, &c., as follows: Company. SECTION 1. Samuel Chase, W. R. Whittier, T. M. Hayes, their associates and successors, are hereby made a corporation, for the term of twenty years from the passage of this act, by the name of the Manufacturers' and Mechanics' Insurance Company, in the town of Haverhill, for the purpose duties. of making insurance against maritime losses, and against losses by fire; with all the powers and privileges, and sub- Powers and ject to all the duties, restrictions, and liabilities, set forth in the thirty-seventh and forty-fourth chapters of the Revised Statutes. SECTION 2. Said corporation may hold real estate: pro- Real estate. vided, said real estate shall not exceed twenty thousand dollars in value, excepting such as may be taken for debts, or held as collateral security for money due to said company. SECTION 3. The capital stock of said company shall be Capital stock. fifty thousand dollars, with liberty to increase it to an amount not exceeding two hundred and fifty thousand dollars: provided, that not less than fifty thousand dollars Proviso. shall be paid in as capital, within two years from the passage of this act. [1851, 53.] [1846, 95; 1847, 198; 1848, 39.] February 7, 1850. AN ACT in addition to an Act to establish the City of Roxbury. Be it enacted, &c., as follows: SECTION 1. The several municipal officers whose election by the people is provided for in the act to which this is in addition, shall, subsequently to the March election of the present year, be chosen on the second Monday of December, annually, and shall enter upon the duties of their respective offices on the first Monday in January, each year; but the officers chosen for the municipal year, commencing with the first Monday of April next, shall hold their offices only until the first Monday of January ensuing. Chap. 15. Concerning elec tions of officers. SECTION 2. So much of the sixth section of the act to Repeal. which this is in addition, as relates to warden, clerk, and inspectors, is hereby repealed. cies. SECTION 3. Any vacancy in the office of overseer of the of filling vacanpoor, assistant assessor, or school committee, may be filled in the manner provided in the sixth section of the act to which this is in addition, for filling vacancies in the common council. SECTION 4. The list of jurors, in the city of Roxbury, Lists of jurors. shall be prepared by the mayor and aldermen of the city, in the same manner as is required, in the ninety-fifth chapter of the Revised Statutes, to be done by the selectmen, within and for their respective towns; and the lists, when made out by the mayor and aldermen, shall be submitted to the common council, for concurrent revision or amendment. SECTION 5. The said mayor and aldermen, and the clerk Same subject. of the city, shall severally have and exercise all the powers and duties, with regard to the drawing of jurors, in the city This act to be approved by the voters. Tenure of office. When to take ef fect. of Roxbury, and all other matters relating to jurors therein, which are, in the ninety-fifth chapter of the Revised Statutes, required to be performed by the selectmen and town clerks, in their respective towns; and all venires for jurors to be returned from Roxbury, shall be served on said mayor and aldermen. SECTION 6. This act shall be void, unless approved by the voters of Roxbury, at meetings held simultaneously in the several wards, upon notice duly given, at least seven days before the time of said meetings, and within thirty days after the passage of this act. SECTION 7. The mayor and ward officers chosen under this act shall hold their respective offices for one year, and until others shall have been chosen in their places and qualified to act. SECTION 8. This act shall take effect from and after its passage. February 12, 1850. [1852, 7.] Chap. 16. AN ACT to authorize Alexander Baxter and others to construct a Marine stable. Be it enacted, &c., as follows: Railway. Alexander Baxter, and his associates, are hereby authorLocation in Barn- ized to construct and maintain a marine railway, from their land adjoining Lewis's bay, in the harbor of Barnstable, and to extend the same three hundred feet into the waters of said bay; also, to drive piles in said bay in such manner as may be necessary for the safe and convenient use of said railway: provided, this grant shall in no wise impair the legal rights of any person whatever. February 12, 1850. Proviso. [1848, 328.] Chap. 17. AN ACT to change the Name of the Norfolk County Health Insurance. Company, and to enlarge its powers. New name. Powers. Chap. 18. In Hull. Be it enacted, &c., as follows: SECTION 1. The Norfolk County Health Insurance Company is hereby authorized to take the name of the Franklin Health Assurance Company. SECTION 2. Said company may assure to the holders of its policies, an allowance in money, for the time during which they shall be unable to transact business, or labor in their accustomed vocation, in consequence of personal injuries, resulting from accident, or otherwise. February 12, 1850. AN ACT to authorize Henry J. Tudor to extend his Wharf, Henry J. Tudor is hereby authorized to extend his wharf, from land in his possession in the town of Hull, fifteen feet into the channel, and shall have the right to lay vessels at [1828, 51.] February 12, 1850. AN ACT to continue in force an Act to incorporate the Bristol County Chap. 19. Mutual Fire Insurance Company. Be it enacted, &c., as follows: years, from Feb The act to incorporate the Bristol County Mutual Fire Continued 28 Insurance Company, passed on the thirteenth February, in ruary 13, 1857. the year one thousand eight hundred and twenty-nine, shall be and remain in force, for the term of twenty-eight years from the thirteenth day of February, in the year one thousand eight hundred and fifty-seven. And the said corporation shall be continued through that term, with all the powers and privileges, and subject to all the duties, restric- Powers and tions, and liabilities, set forth in thirty-seventh and fortyfourth chapters of the Revised Statutes, and in all the statutes subsequently passed relating to mutual fire insurance companies. February 12, 1850. [Special Laws, vol. 1, pp. 24, 228; vol. 3, p. 178. 1830, 146.] duties. AN ACT in addition to the several Acts in relation to the Massachusetts Chap. 20. Medical Society. Be it enacted, &c., as follows: censors, elected ties. SECTION 1. Each of the district societies, into which the Counsellors and Massachusetts Medical Society has been, or may be divided, by district sociemay elect, annually, by ballot, from among its members, the counsellors and censors, to which, by the by-laws of the society, it may be entitled; and such counsellors and censors shall hold their respective offices for the year next ensuing, and until others have been elected in their places. SECTION 2. The annual meeting of the society may be Annual meeting. held in such one of the principal towns or cities of the Commonwealth, as the society or the counsellors shall, from year to year, determine; and the first stated, or annual meeting of the counsellors, shall be held in the same place, and within thirty days before or after said annual meeting, as the society shall, in their by-laws, direct. nent fund to de penses. SECTION 3. The Massachusetts Medical Society is hereby Income of permaauthorized to use the annual income of their permanent fray current exfund, to defray their current expenses. SECTION 4. All acts and parts of acts, inconsistent here- Repeal. with, are hereby repealed. February 12, 1850. 17 [1859, 82.] |