Showing Whole Life Insurance for $1,000, at level rate on the The National Fraternal Congress Table and four per cent. Prepared in accordance with Mortality Table found in section 1839-j. .

Loading for expenses must be added. This rate will not carry accident, sickness or other additional benefits.

CORPORATION LAWS

CORPORATIONS FOR PECUNIARY PROFIT.

CHAPTER 1, TITLE IX.

Sec. 1607. Who may incorporate. Any number of persons may become incorporated for the transaction of any lawful business, but such incorporation confers no power or privilege not possessed by natural persons, except as hereinafter provided. [22 G. A., ch. 86, § 2; C. '73, § 1058; R., § 1150; C. '51, § 673.]*

Sec. 1608. Single person. Except as otherwise provided by law, a single person may incorporate under the provisions of this chapter, thereby entitling himself to all the privileges and immunities provided herein, but if he adopts the name of an individual or individuals as that of the corporation, he must add thereto the word "incorporated." [C. '73, § 1088; R., § 1179; C. '51, § 702.]

Sec. 1609. Powers. Among the powers of such corporations are the following:

1. To have perpetual succession;

2. To sue and be sued by its corporate name;

3. To have a common seal, which it may alter at pleasure;

4. To render the interests of the stockholders transferable;

5. To exempt the private property of its members from liability for corporate debts, except as otherwise declared;

6. To make contracts, acquire and transfer property,-possessing the same powers in such respects as natural persons;

7.

To establish by-laws, and make all rules and regulations necessary for the management of its affairs. [C. '73, § 1059, R. § 1151; C. '51, § 674.]*

Sec. 1610. Articles adopted and recorded-fees to state. Before commencing any business except their own organization, they must adopt articles of incorporation, which must be signed and acknowledged by the incorporators, recorded in the office of the recorder of deeds of the county where the principal place of business is to be, in a book kept therefor, and the recorder must, within five days thereafter, indorse thereon the time when the same were filed, and the book and page where the record will be found. Said articles thus indorsed shall then be forwarded to the secretary of state, and be by him recorded in a book kept for that purpose. Such corporation shall pay to the secretary of state,