received for premiums or otherwise, in any available loans or Improve funds stocks of this State or the United States, or any of the United in loans, &c States, or to lend the same or any part thereof upon any good and sufficient security; and also to sell and dispose of and transfer all or any of the said loans, stock, and securities, and invest the proceeds thereof in like and other such loans, stocks and securities: Provided, That nothing herein contained, shall be so con- Banking, &c strued as to authorize the company to use their capital stocks prohibited for banking or manufacturing purposes.

SECTION 8. This company shall assume all the risk taken

Proviso

insurance

by the citizens mutual insurance company of Pennsylvania, Risk of citi and to pay the parties assured all or any loss or losses which zens mutual may be legally and justly sustained by such insured. And company all the money, property and effects acquired by the citizen's mutual insurance company of Pennsylvania, shall, upon this companys assuming the risk of that corporation, be owned. held and enjoyed by this corporation, for their sole benefit and interest: Provided, That all losses happenning to any assured Proviso in the citizen's mutual insurance company of Pennsylvania, shall be considered, regulated, and paid according to the provisions, conditions, terms, and exceptions contained in the deed of settlement annexed to the policy by which said property was assured.

Dividends

dends

SECTION 9. The president and directors of said company shall, on the second Mondays of December and June in each and every year, declare and divide so much of the profits of said company as to them shall appear advisable, first deducting all expenses, and pay the said dividend to the respective stockholders, or their agents duly empowered, on ten days after declaring the same; but the moneys received as premiums upon risks, which remain outstanding and undetermined at the Penalty for time of declaring such dividend, shall not then be considered making too as a part of the profits. And if the five hundred thousand great dividollars capital stock of the corporation shall be lessened by losses, no subsequent dividend shall be declared until a sum equal to the said diminution shall have been added to the capital stock. And if the president and directors shall knowingly make a dividend contrary to the true intent and meaning of the prohibitions herein contained, such of them as shall consent thereto shall, in their individual capacities, be accountable for and pay over to the said company for the use thereof, as much money as they may so divide and pay, more than by this act they are authorized to do; and the president and each director in office at the time of making such dividend hereby prohibited, shall be deemed as consenting thereto, unless he or they shall at the time of making and declaring the same, be absent from the board of directors; or if present, shall immediately enter his or their protests on the minutes of the board, and also give notice thereof in two or more newspapers: Pro- Proviso vided, That every regulation which the board of directors,

with the consent or by direction of a majority of the stockholders, may make in regard to the declaring of dividends or accumulation or diminution of the funds of the company, shall be 2d proviso binding on all: And further provided, That if the said company should fail, at any time, to meet its engagements, each person holding stock at the time of such failure, shall be liable in his individual capacity, for the debts of the said corporation, to the amount of the balance unpaid on the stock by him held. SECTION 10. The stock of said company shall be transferable on the books of said company only according to such rules and regulations as may be prescribed by the by-laws.

Transfer

Repealing clause

SECTION 11. If at any time it shall appear to the legislature, that the said company has abused or misused any of the privileges hereby granted, the power to repeal shall in no wise effect the engagements to which said company may become a party previously thereto, nor shall it be done in such a manner as to do injustice to the corporators.

WM. A. CRABB, Speaker of the House of Representatives. JN. H. EWING,

Speaker of the Senate.

APPROVED-The seventh day of June, one thousand eight

hundred and forty-one.

DAVID R. PORTER.

RESOLUTIONS

PASSED AT THE SESSION OF 1841.

[No. 1.]

RESOLUTION

Relative to the trial of Bemis and others, in York county.

RESOLVED, By the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, That the time prescribed by the fourth section of an act of the general assembly of this Commonwealth, entitled “an act relating to the trial of Bemis and others, in York county," Tims for issupassed the twenty-second day of May, one thousand eighting Writ of hundred and thirty-nine, for the issuing of a writ of error from Error extenthe supreme court of the United States, to the supreme court ded of this Commonwealth, and for certifying the record of the judgment in the said case, be and the same is hereby extended until the first day of February, one thousand eight hundred and forty-one.

WM. A. CRABB,

Speaker of the House of Representatives.
CHARLES B. PENROSE,

Speaker of the Senate.

APPROVED-This ninth day of January, Anno Domini, eigh

teen hundred and forty-one.

DAVID R. PORTER.

[No. 2.]

RESOLUTION

Relative to the Claim of John White and Company, and others.

RESOLVED, By the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, That the state treasurer pay out of any unappropriated money in the treasury, unto John White and company, and Bingham and unto Bingham and Brothers, and also unto Craig, Bellas and Brothers, Craig, Bellas company, the amount awarded to each by the canal commissioners, under a resolution passed twenty-eighth March, one thousand eight hundred and forty, entitled "A resoluuion for the relief of Okey Hendrickson, attorney in fact of George M'Dowell, and for other purposes.

& Co

WM. A. CRABB, Speaker of the House of Representatives. CHARLES B. PENROSE,

Speaker of the Senate.

APPROVED January twenty-first one thousand eight hun

dred and forty-one.

1. RESOLVED, By the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, That our senators in congress be and they are hereby instructed, and our representatives requested, to resist any and all attempts, under what pretence soever the same may be made, to deprive the people of this State of their just proportion of the common inheritance in the public lands, and that they be and are hereby further instructed and requested, to introduce and advocate the passage of a bill providing for the distribution of the proceeds of the same among the several states, in the ratio of their federal representative population, under the census of one thousand eight hundred and forty.

2. RESOLVED, That our Senators be further instructed, and our representatives requested, to vote for such remodification or adjustment of the tariff as may increase the revenue derived Tariff from imports, equal to the wants of the national government, so that at no time hereafter, under any pretext whatever, shall any money arising from the sales of the public lands be used by the general government.

3. RESOLVED, That the Governor be requested to cause a copy of these resolutions to be forwarded to each of our senators and representatives in congress, and to the Governors of the several states, with the request that the same may be laid before their respective state legislatures.

WM. A. CRABB,

Speaker of the House of Representatives.
CHARLES B. PENROSE,

Speaker of the Senate.

Governor

forward

copies, &c

[No. 4.]

RESOLUTIONS

Relative to the Public Printing and Binding.

RESOLVED, By the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly What may be met, That no report from any private corporation, other than those in which the State is a stockholder, shall be printed Journals upon the journals.

printed in

RESOLVED, That all legislative documents ordered to be printed by or reports made to both houses, be printed by one Joint commitof the printers only under the direction of a joint committee tee to regulate hereinafter provided for.

counts

RESOLVED, That the printers be directed in making out their bills, to furnish the number of ems of composition, and the number of tokens of press work which they may have performed, Printers acand that for the performance of the said work fifty cents per thousand ems, and fifty cents per token only shall be allowed. RESOLVED, That one thousand copies of the English Joural proper of each house be printed, and one thousand copies of nal he remaining volumes containing the documents.

English jour

RESOLVED, That two hundred and fifty copies of the Ger- German jourman Journal be printed in the form prescribed for the English nal Journal, and that the same compensation be allowed.