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No. VII.

AGAINST FIRE ON BUILDINGS.

4. Property insured in towns, and property insured in the coun try, shall be responsible for their respective losses only, and not for the losses of each other.

5. The contingent expenses of the society, except as hereafter Expenses of soprovided for, shall be paid conjointly, but in proportion to the ciety, to be paid sums insured by the towns and the country.

6. Agents shall be appointed for the towns and country, by and at the discretion of the president and directors, who shall define their duties. They shall be free-holders and residents in the districts for which they shall be respectively appointed, and shall be paid a reasonable compensation for their services, to be judged of by the president and directors. The agents for the towns, shall be paid out of the funds of the towns; and the agents for the country, out of the funds of the country.

7. All valuations of houses now insured in the towns, or in the country, shall be revised within the year one thousand eight hun dred and five, under the superintendance of the said agents, and no building which may be thereafter consumed by fire, shall be paid for, but according to such revaluation, subject to a deduction of one fifth thereof; and where such revaluation shall exceed the former valuation, an additional premium shall be paid.

in proportion to sums insured by town & country. Agents, how up

pointed.

Property now in

sured to be revas lued within the

year 1805.

8. Buildings both in the towns and in the country, shall be ar Classes of risk. ranged into as many different classes of risk, as the president and directors may think necessary for the purposes of equalization.

rectors.

9. There shall be in future only three directors, out of whom a Appointment, president shall be chosen. The salary of the president shall be five salaries, &c. of hundred dollars, and the salaries of the directors, three hundred and president and di fifty dollars each. They shall be responsible for malfeasance or misfeasance in office, and their salaries shall be paid out of the joint funds of the towns and country, but in proportion to the sums insured by the towns and country. In the event of the death or resignation of the president, the next director shall take his place; and any vacancy which may happen in the direction, shall be filled up by the remaining members, until the next general meeting. A majority of the members shall be necessary to form a board for the transacting of business not delegated to the president. The president alone may perform any act which he may be authorised to do by a resolution of the board, except in the disbursement of money, which power shall be exercised only by the board. And the said president and directors shall take the following oath: "I, A. B. Oath of office. do solemnly swear, or affirm, that I will faithfully execute the duties of my office (as president or director, as the case may be) to

the best of my skill and understanding."

10. The said president and directors shall have power to form Rules and regusuch rules and regulations for the transacting of the business of the lations, how society, whether it be to fix the rates of hazard, the quantum of in- formed. terest to be insured, the recovery of monies due to the society, or any other matter that they may think conducive to the interests of this society; which said rules and regulations shall be in force until the next general meeting, to which they shall be reported.

Principal agent.

Dividend of surplus interest, how made.

Conditions on

AGAINST FIRE ON BUILDINGS.

No. VII.

11. A principal agent shall be appointed by the general meeting annually, subject to the entire control of the president and directors, and his salary shall be one thousand dollars.

12. Once in every five years, there shall be a dividend of the surplus interest arising from the sums vested, if any surplus there be, amongst the present insurers, and all who may insure in the course of the year one thousand eight hundred and five; and once in every five years thereafter amongst those, their heirs, &c. whose property may have been insured for the space of four years or more, and amongst none others.

13. From and after the commencement of this act, it shall be which members lawful for any member of this society to withdraw from the same, on giving six weeks previous notice, and upon paying all arrearages due at the time of withdrawing.

may withdraw.

New constitution, when to

commence.

14. The constitution as thus amended shall commence on the thirtieth instant, at which time a general meeting shall be held in the city of Richmond for the election of the directors, and for the purpose of transacting the general business of the society.

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Rules and regu15. The foregoing rules and regulations shall, on the thirtieth lations, foregoing day of January in the present year, or on the first day of March binding. next, if the operation of this act should be postponed, as herein after is provided, stand and be considered as binding upon the said society, upon every member or subscriber, or other person connected therewith, and upon every subject, matter and thing relating thereto, in the most ample manner, except so far as the same shall be otherwise or further provided for by this act, any laws, rules, or regulations heretofore made to the contrary notwithstanding.

Certain acts of assembly, how far repealed.

All debts, &c.

now due provided for before division of funds.

16. And be it further enacted, That the several acts of the general assembly, "For establishing a mutual assurance society against fire on buildings in this state;" "To explain an act, entituled, an act for establishing a mutual assurance society against fire on buildings in this state; "To amend the act for establishing a mutual assurance society against fire on buildings in this state; "To amend the several acts passed for the establishment of the mutual assurance society against fire on buildings in the state of Virginia ;" and "To amend the several acts for the establishment of the mutual assurance society against fire on buildings; and also against fire on goods and furniture in the state of Virginia;" and all rules and regulations of the said society, shall, after the commencement of this act, be repealed so far as the same, or any part thereof, may be repugnant to this act.

17. And be it further enacted, That it shall be the duty of the present president and directors, out of the funds which now are, or shall be in their hands, belonging to the society, at the commencement of this act, to make provision for all debts, and contracts, and obligations, then due from, or binding on the society, before the division of funds, between the towns and country, in proportion to the capital subscribed by the towns and country respectively, shall be made: and that if any loss hath happened or may happen before the commencement of this act, for which the present president and directors may not have provided before their

No. VII. offices cease, it shall be lawful for the future president and directors to pay for such loss out of the funds which shall belong to the said society on the commencement of this act, without a discrimination between the towns and country, or to require a quota or quotas, if necessary, in the same manner and upon the same principles, as it may now be required, without a discrimination between the towns and country.

AGAINST FIRE ON BUILDINGS.

18. And be it further enacted, That all debts, demands, rights, Debts due socieinterests and claims of the society now due or existing, or here- ty, how sued for. after due or existing, may be sued for, prosecuted and recovered in the name of the society after the commencement of this act, in the same manner, in the same courts, and upon the same principles, as they may be now sued for, prosecuted and recovered, except that a copy relative to any delinquent member, or subscriber, from the records of the said society, certified by the principal agent upon oath, and signed by the president or any director, under the seal of the society, shall be received as evidence, and have as full faith and credit in all the courts of this commonwealth, as if the originals were produced in any action, motion or suit, concerning such member or subscriber; and except also that the Lame or title of the cashier need not be used.

19. And be it further enacted, That the future president and di- President and rectors, shall be members of the board for transacting business, directors, how and shall be chosen annually at a general meeting, which general chosen, &c. meeting shall hereafter be constituted and held as heretofore; but they shall not be deemed to be out of office, after the expiration of any year, until successors shall be appointed; and that temporary vacancies upon the death or resignation of a director, may be supplied by one remaining member, if only one remain. But for the carrying of this act into execution, a president, directors and principal agent, shall be chosen at a general meeting to be holden during the present session of the general assembly; or if any event should prevent such choice, at a general meeting after the rising thereof, on a day to be appointed by the present president and directors.

20. And be it further enacted, That the future president and Their powers, directors, shall in all respects, and to all intents and purposes be duties, &c. vested with the same powers, authorities and rights, as belong to the present president and directors, except in those cases in which they may contradict, or may not be reconcilable with this act: and more especially in the calling for and enforcing quotas. That it shall be the duty of the future president and directors to revise such cases of insurance already made, as they shall have reason to suspect to have been obtained, contrary to the true intent and meaning of the laws, rules and regulations of the said society, now in force, and to take measures for invalidating the same: and that they may in their discretion reject any offer for insurance whatso

ever.

21. And be it further enacted, That no house shall be considered what houses as being in a town, within the meaning of this act, unless it be considered as within the limits of a town established by law; or in the suburbs a town. thereof on a lot or piece of land not more than two acres.

Policies, when to be granted.

Duties of agents.

Proviso.

Proviso.

Commencement.

Further time al

lowed for re

valuation of

buildings.

22. And be it further enacted, That as soon as the president and directors shall be chosen, declarations may be received and policies granted in their discretion.

23. And be it further enacted, That the agents to be appointed as aforesaid, shall perform the duties required from agents by the nineteenth article of the rules and regulations, now in force, and shall receive from the proprietor twenty cents on every hundred dollars of the actual value of the buildings declared for insurance, according to the directions of that article: and that the same allowance be made in the case of a revaluation, subject however to such revision, alteration or arrangements, as the future president and directors shall think proper to make concerning the same.

24. Provided always, That if the society shall at a general meet ing, on the thirtieth day of January, one thousand eight hundred and five, resolve to postpone the commencement and operation of this act and the provisions therein contained, until the first day of March, one thousand eight hundred and five, it shall be lawful for them to postpone such operation accordingly, except as to the election of a president, directors and principal agent: Provided, That nothing in this act contained, shall be so construed as to prevent the said society from appointing more than three directors, if at any general meeting it shall be adjudged that a greater number are necessary for the well ordering of their affairs.

25. This act shall commence and be in force from and after the passing thereof,

CHAP. VII.

An Act respecting the Mutual Assurance Society against Fire on
Buildings of the State of Virginia.

1

[Passed January 8th, 1806.-Acts of 1805, ch. 43, pa. 25.]

E it enacted by the General Assembly, That such further time may be allowed from and after the first day of January next, to complete the re-valuation of buildings which may have been insured in the towns, and in the country, as the president and directors of the said company may deem necessary.

Commencement. 2. This act shall be in force from and after the passing thereof,

Time gives to re-value pro

perty,

Commencement.

CHAP. VIII.

An Act Supplementary to the Act, entituled "An Act respecting the Mutual Assurance Society against Fire on Buildings of the State of Virginia."

1

[Passed February 3d, 1806.-Acts of 1805, ch. 90, pa, 49.]

E it enacted by the General Assembly, That such further time may be allowed, from and after the passing this act, to complete the re-valuation of buildings which may have been insured in the towns and in the country, as the president and directors of said company may deem necessary; and no forfeiture shall be suffered or incurred by reason of the failure or omission to revalue property insured in any case previous to the passing this act. 2. This act shall be in force from and after the passing thereof,

No. VIII.

An Act to associate Subscribers for the purpose of forming an Artificial Road from Alexandria to Little River, and for other purposes.

Passed December 26th, 1795.-Acts of 1795, ch. 31, pa. 25.]

An Act to authorise the opening a Turnpike Road over the South Mountain.

[Passed January 3d, 1800.-Acts of 1799, ch. 37, pa. 20.]

An Act to amend the Act, to authorise the opening a Turnpike Road over the South Mountain.

[Passed December 26th, 1800.-Acts of 1800, ch. 13, pa. 10.]

An Act to establish a Turnpike between the Town of Manchester and Falling Creek, on the Buckingham Road.

[Passed January 20th, 1802.-Acts of 1801, ch. 76, pa. 42.]

An Act to establish a Turnpike, on the Road over the Mountain at Swift Run Gap.

[Passed January 21st, 1802.-Acts of 1801, ch. 78, pa. 44.]

An Act to Incorporate a Company for Establishing a Turnpike Road
from the intersection of Duke Street, in the Town of Alexandia,
with the South West Line of the Distrcit of Columbia, to the
Ford of Little River, where the Turnpike Road now crosses it.
[Passed January 28th, 1802.—Acts of 1801, ch. 83, pa. 47.]

An Act for opening a Turnpike across the South Mountain.
[Passed January 12th, 1803.-Acts of 1802, ch. 47, pa. 36.]

An Act to establish a Turnpike from Abingdon, in the County of
Washington, to Saltville, in said County.

[Passed December 28th, 1803.-Acts of 1803, ch. 20, pa. 26.]

An Act to amend an Act, entituled “ An Act to establish a Turnpike Road over the Mountain at Swift Run Gap."

[Passed January 10th, 1804.-Acts of 1803, ch. 56, pa. 41.]

An Act for establishing a Turnpike Road from Richmond to the Deep Run Coal Pits, and from thence to the Three Notched Road. [Passed January 5, 1804-Acts of 1803, ch. 115, pa. 79.]

An Act to amend and explain an Act to establish a Turnpike between the Town of Manchester and Falling Creek, on the Buckingham

Road.

[Passed January 30th, 1805.-Acts of 1804, ch. 26, pa. 28.]

An Act to amend an Act, entituled "An Act to authorise the opening Turnpike Road over the South Mountain."

(Passed January 8th, 1805.-Acts of 1804, ch. 88, pa. 54.)

An Act to appropriate the Muster Fines of certain Counties, and for other purposes.

[Passed January 28th, 1805.-Acts of 1804, ch. 102, pa. 59.]

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