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Repealing clause.

SECT. 5. And be it further enacted by the authority aforesaid, That so much of any act or acts of Assembly of this Commonwealth, heretofore passed, as is hereby altered or supplied, is hereby repealed.

SAM'L. ANDERSON,

Speaker of the House of Representatives.

JESSE R. BURDEN,

Speaker of the Senate.

APPROVED-The thirtieth day of March, Anno Domini, eighteen hundred and thirty-three.

GEO. WOLF.

Charters extended 20 years from

1st of Jan.

1835.

No. 70.

AN ACT

To incorporate the Chambersburg Insurance company, and to extend and continue the charters of sundry Insurance companies in the city of Philadelphia, and for other purposes.

SECT. 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General As sembly met, and it is hereby enacted by the authority of the same, That an act entitled, "An act to incorporate the subscribers to the Insurance company of North America," passed the fourteenth day of April, seventeen hundred and ninety-four, and the supplement thereto, entitled "A supplement to the act entitled, An act to incorporate the sub"Insurance scribers to the Insurance company of North America," passed the twenty eighth day of January, one thousand eight hundred and thirteen, be and the same are hereby continued in full force and virtue for the term of twenty years, from and after the first day of January, one thousand eight hundred and thirty-five.

co. of North America."

"Insurance

co. of the

state of Penr. sylvania."

SECT. 2. And be it further enacted by the authority aforesaid, That an act entitled, "An act to incorporate the Insurance company of the state of Pennsylvania," passed the eighteenth day of April, one thousand seven hundred and ninety-four, and the supplement thereto, passed the fifth day of March, one thousand seven hundred and ninety-five, be and the same are hereby continued in full force and virtue, in all their parts, for the term of twenty years from and after the first day of January, one thousand eight hundred and thirty-five, as if the present period of extension were part of the above recited act.

ON

this

of

SECT. 3. And be it further enacted by the authority aforesaid, That the act entitled, "An act to incorporate the Philadelphia Insurance company," passed the twenty-sixth day of March, one thousand eight hundred and four, which was continued for a term of twenty-years, by an act enti tled, "An act to continue and amend an act entitled, An act. to incorporate the Philadelphia Insurance company," passed the fourth day of March, one thousand eight hundred and thirteen, be and the same is hereby further continued in full force and virtue, for the term of twenty years, from and alter the thirty-first day of December, one thousand eight hundred and thirty-tour, and that the capital stock of the said company shall be continued, as stipulated by an act passed the nineteenth day of February, one thousand eight hundred and twenty-eight, entitled "A supplement to an act to incorporate the Philadelphia Insurance company."

SECT. 4. And be it further enacted by the authority aforesaid, That the act entitled, "An act to incorporate the Phoenix Insurance company of Philadelphia," passed the sixth day of February, one thousand eight hundred and four, and the supplement thereto, passed the sixteenth day of February, one thousand eight hundred and thirteen, and also an act entitled, "A supplement to an act entitled, An act to incorporate the Phoenix Insurance company of Philadelphia," passed the seventh day of February, one thousand eight hundred and fourteen, be and the same are hereby continued in full force and virtue, for the term of twenty years, from and after the first day of January, one thousand eight hundred and thirty-five.

Philadelphia
Insurance co.

Phoenix In

surance co.

Union Insu

rance co. of Philadelphia,

SECT. 5. And be it further enacted by the authority afore said, That the act entitled, "An act to incorporate the Union Insurance company of Philadelphia," passed the sixth day of February, one thousand eight hundred and four, and the act entitled, "An act to continue and amend an act entitled, An act to incorporate the Union Insurance company of Philadelphia," passed the twelfth day of March, one thousand eight hundred and thirteen, be and the same are hereby continued in full force and virtue, for the term of 20 yrs. from twenty years, from and after the first day of May, one thou. 1st May, 1835 sand eight hundred and thirty-five.

SECT. 6. And be it further enacted by the authority afore said, That an act entitled "An act to incorporate the Dela. ware Insurance company of Philadelphia," passed the twelfth day of March, one thousand eight hundred and four, and the

of

act entitled "An act to amend and continue an act, entitled Delaware In'An act to incorporate the Delaware Insurance company surance co. of Philadelphia," passed the twenty-fifth day of March, one Philadelphia. thousand eight hundred and thirteen, be, and the same are hereby continued in full force and virtue, for the term of

twenty years, from and after the first day of January, eigh. teen hundred and thirty-five.

SECT. 7. And be it further enacted by the authority afore said, That the same powers, rights, privileges, and immuni Privileges of ties which are conferred by the fourth section of this act, and Phoenix co. of by the several acts and supplements therein mentioned, on Philadelphia the Phoenix Insurance company of Philadelphia, be, and the extended to same are hereby extended to, and conferred upon the WilkesWilkesbarre barre Water and Insurance company, for the same period of

co.

time.

WHEREAS, the following Fire Engine and Hose companies of the city and county of Philadelphia, viz: the Delaware, United States, Hand in Hand, Diligent, Relief, Washington, Weccacoe, Franklin, Humane, Harmony, Columbia, Good Intent, America, Reliance, Northern Liberty, number one; Friendship, Philadelphia, Pennsylvania, Vigilant, Hibernia, Fairmount, Frankford number one, Frankford number two, Preamble to Globe, Southwark, Good Will, Hope, and Assistance engine 8th section. companies; Southwark, Columbia, Good Intent, Perseverance, Humane, Hope, Washington, Philadelphia, Phoenix, United States, Diligent, Niagara, Resolution, Neptune, William Penn, America, and Fame hose companies, in order to promote harmony and friendly intercourse among them, to establish those just relations that ought to exist among institutions whose views are similar, and to enable them more effectually to perform those philanthropic duties, have formed themselves into an association, under the name of the Fire Association of Philadelphia, and have selected delegates from each company, who, in pursuance of the authority vested in them, have chosen the persons, hereinafter named, trustees for one year, from the first day of January, A. D. eigh teen hundred and thirty-three, and are desirous that the said trustees, and their successors in office, may have and enjoy the rights and immunities of a corporation.

Trustees of

SECT. 8. And be it further enacted by the authority aforesaid, That the present trustees, William Wagner, Daniel Knight, George W. Tryon, George Esler, Peter Fritz, Daniel Smith, William Abbot, William Warner, Horatio G. fire associa Rowley, Michael Day, Benjamin P. Smith, Peter Williamtion of Phil's son, Joseph Donaldson, and their successors in office, shall be incorporated. and they are hereby constituted a body corporate, in law and in fact, by the name of the Trustees of the Fire Association of Philadelphia, and by that name shall have perpetual succession, and may plead and be impleaded, sue and be sued in any of the courts of this commonwealth, and shall and may adopt and use one common seal, and alter, break, and renew the same at their pleasure.

Style.

SECT. 9. And be it further enacted by the authority aforesaid, That the present trustees shall be, and continue in office, until the expiration of the time for which they may have

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been elected, and their successors shall be chosen on the first Annual elec-
Monday in December next, by such persons as may be deletion of trus-
gated and appointed by the different companies, a majority of tees.
whom shall constitute a quorum; and they shall be annually
elected on the first Monday of December, in every year

thereafter, in the same manner, and shall hold their offices Term of ser for one year from the first day of January then next following vice, &c. such election, and until others are elected in their place. SECT. 10. And be it further enacted by the authority aforesaid, That at the first meeting of the said board of trustees Election of next after their election, they shall, for the well government Trustees. officers by of the affairs committed to their charge, elect such officers Their salatherein, at such salaries or compensation, and take such ries, sureties, security for the faithful performance of their duties, as &c. they, the said board of trustees, shall deem expedient; but no trustee shall be appointed to any office to which a compensation is attached, nor shall any trustee be security for any officer or officers, from whom by this act security is, or by any law or regulation of this corporation security may be required; and the said officers, so elected, shall enter on the duties of their office as soon as they shall have given the requisite securities; and in case the appointments hereby di rected shall not take place on the day specified, they may be made on any other subsequent day, prior to the third Monday in January, in each and every year. Special notice of Notice to the election of officers shall always be given to each of the trustees elect, trustees, and in taking security it shall be lawful for the &c. trustees so to take the same, that it shall be continued in case of re-election or re-elections of the same person or persons. SECT. 11. And be it further enacted by the authority aforesaid, That the said trustees shall have power and authority to hold in fee simple, such real estate as may be by them ers, duties, thought necessary for the transacting of their business, or for privileges & the occupancy of their officers, or which shall be taken and liabilities of held in security for the payment of debts due the corporation, or shall be conveyed in satisfaction of debts due to the corporation, or purchased by them at any sale, by a marshal or sheriff, of lands under mortgage or judgment of the corporation, or against which they have a mortgage or judgment; and the same from time to time to sell, demise, grant, alien, or dispose of, and to make and enter into contracts with any person or persons, bodies politic or corporate, for the insu rance of houses and other buildings from loss or damage by fire, in the city and county of Philadelphia; to take charge of all the funds and other property belonging to the association, except such monies as the different companies may grant to the delegates to defray their expenses; but no sale or alienation of any part of the real estate which they now, or hereafter may hold, shall be valid, unless the terms or nature of such sale be proposed at a previous meeting, and acted on at

General pow

trustees.

By-laws.

the next, after the intervention of at least thirty days, and two thirds of the whole number of trustees consenting thereto; and they shall also have power, and they are hereby enjoined to do and perform such other duties as are hereinafter expressed, for which services they are hereby expressly debarred from having or receiving any salary, gratuity or allowance. They may make by-laws for their own government and that of their officers in the decision, upon which the concurrence of two-thirds of the whole number of trustees shall be necessary; they shall meet at least once in every month, and adjourn to such other time as they may think proper. Monthly and Special meetings may be called by the president, or by any three of the trustees; a majority of the whole number shall ings. constitute a quorum; they shall invest, lay out or lend, upon Investment of good and sufficient security, such sums of money belonging to the association as they may think fit, and to the satisfying of all losses and damages which may happen by fire, to the property insured; they may remove and suspend any of their officers and servants, as occasion may require, and do and perform all other acts, matters and things needful, to effect Semi-annual the objects herein specified. It shall be the duty of the

special meet

funds.

statement.

Proviso.

trustees to furnish a semi annual statement of the funds of the association to the board of delegates, and also to furnish to them, from time to time, upon their requisition, such other information in relation to the affairs of said association, as may by them be deemed necessary; they shall always stand and be indemnified by the association for giving out and signing policies, and all other lawful acts, deeds, and transactions, done, performed and executed, in pursuance and by virtue of this act; and all the stocks, securities and effects of the corporation, except the separate property of the several companies, shall be pledged for the purpose; and if any loss, occasioned by one fire, or more than one, happening before the extinguishment of the first, shall amount to more than the whole stock of the association, in such case the several sufferers insured by the corporation association. shall receive a just and proportionable dividend of the whole of said stock, according to the sums by them respectively insured, and the loss by them sustained; and in case of any partial loss, every person wishing to withdraw his insurance from the capital stock, shall pay the association a dividend thereon, proportioned to the amount of such partial loss; and no regulations, by laws or ordinances of the corporation, shall ever contravene this principle, or any of the provisions of this act, of the constitution and laws of this commonwealth, or of the United States.

Cases of loss exceeding stock of

SECT. 12. And be it further enacted by the authority aforesaid, That the property and funds now in the hands of the said trustees, together with the sums which shall hereafter accumulate from deposit money, premiums, interest and

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