mon Pleas of Philadelphia county to re Prothonotary of to have copied and recorded in proper books all the deeds of partition Court of Com- and other deeds remaining of record in his office, and any plans that may accompany the same, to which he shall prepare a general alphabetical index of the names of the parties to such deeds-the cost of said books and said copying to be paid by the commissioners of said county, and shall not exceed in proportion, per word, the price paid the Recorder of Deeds of the said county under the fee bill. cord deeds of partition. Executors of SECTION 21. That John Wolfersberger and Philip Wolfersberger, Philip Wolfers executors of Philip Wolfersberger, deceased, are hereby authorized to berger author- make and execute a deed or deeds in fee simple, for a certain house and ized to execute lot of ground situate near Palmyra, Lebanon county, sold in pursuance of a certain trust imposed upon said executors by the last will and testament of Philip Wolfersberger, deceased, aforesaid: Provided, The proceedings shall first be approved of and confirmed by the Orphans' Court of Lebanon county. deed. Burgess and SECTION 22. That the burgess and council of the borough of West council of West Philadelphia are authorized and directed to open Marion Avenue, on the Philadelphia bed of the old West Philadelphia railroad from Parke to Greene streets, of the width of fifty feet: Provided That no expense shall be paid by the county of Philadelphia for opening the same. to open Marion avenue. School directors SECTION 23. That the school directors of the tenth section of the of 10th district first school district of Pennsylvania shall elect one additional controller to elect one ad- of public schools, so that hereafter said tenth section shall be entitled to three controllers of public schools of said first school district. ditional director. Lots Nos. 554 Creek township, granted to cer tain owners. SECTION 24. That the strip of land lying between the shore of Lake Erie and out-lots number five hundred and fifty-four and five hundred and fifty-five, in the township of Mill Creek, in the county of Erie, be, and hereby is granted to the owners of those lots with the same force and effect as if the same had been included in the original patents of those out-lots; and so much of any act as is inconsistent with this act be, and the same is hereby repealed, so far as relates to the land between said lots five hundred and fifty four and five hundred and fiftyfive, and Lake Erie: Provided, That the owners of said lots shall pay to the Commonwealth the same amount per acre as was paid for lots five hundred and fifty-four and five hundred and fifty-five. SECTION 25. That the Methodist Episcopal Church of the borough Methodist Epis- of Wattsburg be, and it is hereby authorized and empowered to sell copal Church, of borough of and convey all that certain piece or parcel of ground situated in the Wattsburg, au- borough of Wattsburg, bounded as follows: Beginning at the souththorized to sell west corner of in-lot number fifty-two, in the borough of Wattsburg; certain piece of thence north by East street ten perches to the north-west corner of in ground. lot number fifty-four; thence east by in-lot number fifty six eight perches to a post; thence south ten perches to North street; thence west by North street eight perches to the place of beginning, being the west half of in-lots number fifty-two and fifty-four, containing eighty perches of land, and to make a good and sufficient deed therefor, and to apply the proceeds of said sale to the building of a parsonage for said church. JOHN CESSNA, Speaker of the House of Representatives. BENJAMIN MATTHIAS, Speaker of the Senate. APPROVED-The tenth day of April, A. D., one thousand eight hundred and fifty-one. WM. F. JOHNSTON. No. 383. AN ACT To incorporate the Odd Fellows' Mutual Insurance Company. Commissioners. 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 Henry S Patterson, William Curtis, Samuel Clarke, Howell Hopkins, Thomas Helm, F. Knox Morton, Peter Weikel, H. Witte, Peter Fritz, William Robertson, Charles R. Bicking, James Clark, John G. Michener, Aaron Waters, William M. Allen, C. H. Housekeeper, H. C_Peck, Edward Clark, Joseph P. Fitler, J. Alexander Simpson, John T. Brown, William H. Moore, and Furman Sheppard, Alexander Parvis, and alĺ others who may hereafter associate with them in the manner hereinafter prescribed, shall be a body politic and corporate by the name of "The Odd Fellows' Mutual Insurance Company," and by that name shall have perpetual succession, and may sue and be sued, and have, hold, purchase, receive, and convey real and personal estates (with the limi- Privileges. tations hereinafter specified), and may make and use a common seal, and alter and change the same at pleasure, and make by-laws not inconsistent with any existing laws for the management of its property and the regulation of its affairs; but nothing herein contained shall be construed to give unto the corporation any banking privileges. Style. SECTION 2. That in addition to the general powers and privileges of May insure lives a corporation as the same are declared by the foregoing section, the cor- of members. poration hereby created shall have the power to insure the respective lives of its members and others, and to make all and every insurance appertaining to and connected with the life risks of whatever kind or nature, and to receive and execute trusts, to make endowments, and to grant and purchase annuities, and also to make insurance either annual or perpetual, against loss by fire on any house, tenement, manufactory, mill, barn, or other buildings, and on goods, wares, merchandize, and effects, and household furniture therein. SECTION 3. That the power of this corporation shall be vested in fif- Directors. teen directors, who shall be chosen annually by ballot on the first Monday of May, at an annual meeting to be then held, at which election each member of the corporation shall be entitled to one vote. bers. Annual meet ing. SECTION 4. That each insurer in or with this company shall be a Who are memmember thereof during the time of his or her policy, and no longer. SECTION 5. That the general meeting of this company shall be held annually on the first Monday of May at some convenient place in the city of Philadelphia; and also whenever called by the board of directors, or whenever requested by twenty members, the members shall at such general meeting pass by-laws, rules, or regulations necessary for the well-government of the affairs of the corporation, or vest the power so to do in the board of directors. All elections for directors shall be conducted by three judges chosen by the members present for that purpose, who shall certify under their hands and seals the result of said election, and the same shall be filed with the papers of the corporation. SECTION 6. That the directors so elected shall at their first meeting Officers. Contracts and policies, how executed. Profits, how invested. paid. elect one of their members as president, and shall appoint a secretary and treasurer, and such other agents and officers as may be necessary, and shall fix and determine their fees and salaries, and require such bonds for the faithful discharge of the duties assigned as may be deemed necessary or the interest of the company may require; they shall have full power and authority to suspend, remove, or displace any such officer or agent of the company, and supply any vacancy which may happen by death, removal, or resignation of either of the officers, agents, or members of the board until the next election. At the annual meeting they shall present to the company a general statement of its affairs. SECTION 7. That the president and directors shall have full power and authority to make, execute, and perfect such and so many contracts, bargains, agreements, policies, and other instruments as shall be neces sary, and as the nature of the case shall or may require, and every such contract, agreement, and policy shall be signed by the president, attested by the secretary, and sealed with the seal of the company, and the same shall also be signed and sealed by the party with whom the contract, agreement, or policy is made. They shall fix and determine the rates of insurance and incidental charges. SECTION 8. That it shall be lawful for said company to employ and invest all money received by them, and the profits thereof, in the purchase of any ground rents or mortgages, or in any loans on good and sufficient security; and no money shall be drawn from the funds of said company for the purpose of making dividends or dividing profits, nor for other purposes than first to pay the current or incidental expenses Damages, how of the corporation, and then for the payment of such damages as any ascertained and member or insurance may be justly entitled to; and when the just demand of any insurer in said company, or member thereof, shall exceed the amount of its available funds, such sums as shall be necessary to pay the same shall without unnecessary delay be assessed (by any three members of the board of directors appointed by the president); on the insurance each member to pay in proportion to the amount he has insured, which assessment shall be forthwith published in two of the daily papers of the city of Philadelphia; or at the discretion of the board of directors personal notice thereof shall be served on the several members of the corporation, and every member of the corporation shall pay into the hands of the treasurer his, her, or their proportionable part within forty days after such publication or notice as aforesaid, and in default of such payment he, she, or they and every of them making such default shall forfeit and pay double the said rates, and for neglecting to pay the said forfeiture for fifty days more, may by the directors for the time being be excluded and debarred from any benefits or advantages from her, her, or their insurance respectively, and all right to the stock of this company, and shall nevertheless be liable to said rates pursuant to his, her, or their covenants and agreements. SECTION 9. That in case of loss by fire, the insured shall cause notice Amount of loss to be given to the president of the company, who shall appoint a comby fire, how as-mittee of three of the board of directors, whose duty it shall be to ex certained. Policy may be assigned, and bow. amine and inquire into the same, and report to the board as early as convenient the result of their inquiries, and the amount, if any, which the insured are lawfully entitled to receive, whereupon the board shall make immediate provision for the payment thereof. SECTION 10. That in case any assured name in any policy or contract of insurance made by said corporation shall sell, convey, or assign the estate or property insured, it shall be lawful for said insured within sixty days thereafter to assign and deliver to the purchaser such policy Proviso. or contract of insurance, and such assignee shall have all the benefit of such policy or contract of insurance, and may maintain a suit thereon in his or her own name: Provided, Notice shall have been given to the president or secretary of such assignment, and the assignment shall have been endorsed upon the policy or contract of insurance before any loss shall have occurred, and not otherwise. SECTION 11. That the net profits arising from interest or otherwise Profits, how inshall be ascertained yearly, and shall be invested as capital of said company until the same shall amount to the sum of one hundred thousand dollars, after which it shall be lawful for the said board of directors to divide the profits thereafter made to and amongst the members in pro rata dividends, according to the amount of the premiums they shall have severally paid. SECTION 12. That the first fifteen persons named in the act shall constitute the first board of directors, and they shall have power to organize the corporation, appoint a president and other officers and agents agreeable to the spirit of this act, and shall hold their power and authority until the annual meeting of the members, and until an election shall be made for directors according to the provisions of this act, with all the powers contemplated to be vested in the board of directors elected by the members under the authority of this act. vested. First board of directors. Suits by memSECTION 13. That suits at law may be prosecuted and maintained by ber, how mainany member against said corporation for losses or damages sustained tained. insured against by them, if payment is withheld more than sixty days after the company was duly notified of such losses, and no member of said corporation not being in his own individual capacity a party to such suit shall be incompetent as a witness: Provided, The directors agree to re-build or replace the property lost or damaged, a reasonable time shall be allowed them so to do. SECTION 14. That the real estate which it shall be lawful for the said corporation to purchase, hold, and convey, shall be First. Such as shall be requisite for its immediate accommodation in the convenient transaction of business. Second. Such as shall have been mortgaged to it in good faith by way of security for loans previously contracted or for money due. Third. Such as shall have been conveyed to it in satisfaction of debts previously contracted in the course of its dealing. Fourth. Such as shall be purchased at sales upon judgment, decrees, or mortgages obtained or made for debts due said company, or for debts due other persons where said company have liens or incumbrances on the same, and the purchase is deemed necessary to save the company from loss on the liens or incumbrances held by it, the said company shall not purchase, receive, hold, or convey real estate in any other case or for any other purpose. SECTION 15. That if at any time it shall appear that the chartered privileges hereby grantered are injurious to the public welfare, the Legislature hereby reserves the power to repeal this charter, in such manner, however, as shall not affect any engagement to which the said company may have become a party previously thereto, and the said company shall have a reasonable time to bring its accounts to final settlement. SECTION 16. That any amendment or alteration of the by-laws may be made at a general meeting of the members by a majority of the whole Proviso. May hold real estate, and how much. Repeal. Amendment of by-laws. association Provided, The same is not repugnant to the Constitution and laws of this Commonwealth or of the United States. JOHN CESSNA, Speaker of the House of Representatives. BENJAMIN MATTHIAS, Speaker of the Senate. APPROVED-The twelfth day of April, A. D., one thousand eight eight hundred and fifty-one. WM. F. JOHNSTON. No. 384. SUPPLEMENT To an act entitled "An Act to incorporate the congregation of Saint Vincent de Paul, in West Philadelphia." WHEREAS, The ground bought for the congregation of Saint Vincent de Paul, in West Philadelphia, incorporated by act passed the second of April, Anno Domini, one thousand eight hundred and forty-nine, has been sold and other ground purchased for said congregation situate on Pine street, in the borough of Germantown, by which it becomes necessary to change the corporate title. SECTION I. 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 the title of said incorporation be changed to "The Congregation of the Mission of Saint Vincent de Paul in Germantown," and that it shall be authorized to take title to said lands and the Catholic Church now thereon built, and to build on the residue of the ground the buildings, and have and exercise, under the name by this act conferred, all the corporate powers and privileges mentioned in the said act to which this is a supplement. APPRVED The fifteenth day of April, A. D., one thousand eight hundred and fifty-one. WM. F. JOHNSTON. |