Imágenes de páginas
PDF
EPUB
[blocks in formation]

subsequent stockholder. Any stockholder who may have paid any demand against such corporation, either voluntarily or by compulsion, shall have a right to resort to the rest of the stockholders who are liable to contribution; and the dissolution of the corporation shall not release or affect the liability of any stockholder which may have been incurred before dissolution.

214. Remedy for non-payment of rent for safe.-If the amount due for the use of any safe or box in the vaults of any such corporation shall not have been paid for three years, it may at the expiration thereof, cause to be sent to the person in whose name such safe or box stands on its books a notice in writing in a securely closed post-paid registered letter, directed to such person at his post-office address as recorded upon the books of the corporation, notifying such person that if the amount then due for the use of such safe or box is not paid within sixty days from the date of such notice, the corporation will then cause such safe or box to be opened in the presence of its president or secretary or treasurer, and of a notary public not an officer or in the employ of the corporation, and the contents thereof, if any, to be sealed up by such notary public in a package, upon which such notary public shall distinctly mark the name and address of the person in whose name such safe or box stands upon the books of the corporation, and the estimated value thereof; and the package so sealed and addressed, when marked for identification by such notary public, will be placed by such notary public in one of the general safes or boxes of the corporation.

Upon the expiration of sixty days from the date of mailing such notice as aforesaid, and the failure of the person in whose name such safe or box stands on the books of the corporation to pay the amount due for the use thereof in full up to the date of such notice, the corporation may in the presence of a notary public and of its president or secretary or treasurer, cause such safe or box to be opened, and the contents thereof, if any, to be removed and sealed up by such notary public in a package, upon which such notary public shall distinctly mark the name of the person in whose name such safe or box and its estimated value stood on the books of the corporation, and when such package has been marked for identification by such notary public, it shall, in the presence of the president or secretary or treasurer of the corporation, be placed by such notary public in one of the general safes or boxes of the corporation, and the proceedings

[blocks in formation]

of such notary public shall be fully set out by him in his own proper handwriting and under his official seal, in a book to be kept by the corporation for that purpose.

§ 215. Laws repealed. Of the laws enumerated in the schedule hereto annexed, that portion specified in the last column is repealed. Such repeal shall not revive a law repealed by any law hereby repealed, but shall include all laws amendatory of the laws hereby repealed.

§ 216. When to take effect.-This chapter shall take effect on the thirtieth day after the date of its final passage.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]
[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][ocr errors]

CHAPTER XXX

OF THE GENERAL LAWS.

[CHAP. 690 OF 1892.]

THE INSURANCE LAW.

ARTICLE I. General provisions (§§ 1-57).

II. Life, health and casualty insurance corporations (§§ 70-92).
III. Fire insurance corporations (§§ 110–137).

IV. Marine insurance corporations (§§ 150-161).

V. Title and credit guaranty corporations (§§ 170-178).

VI. Life or casualty insurance corporations upon the co-operative or assessment plan (§§ 200-216).

VII. Fraternal beneficiary societies, orders or associations (§§ 230-
239).

VIII. Corporations for insurance of domestic animals (§§ 250–254).
IX. Town and county co-operative insurance corporations (§§

260-279).

X. Life insurance corporations on the stipulated premium plan (SS 300-320).

XI. Miscellaneous provisions (§§ 330-333).

SECTION 1. Short title.

ARTICLE I.

GENERAL PROVISIONS.

2. The superintendent of insurance.
3. Offices for insurance department.
4. Seal and certificate, with evidence.
5. Deputy superintendents and clerks.
6. Fees.

7. Expenses of examinations.

8. Expenses of department, how defrayed.

9. Certificate of authorization of superintendent.

10. Certificate of attorney-general, corporate names; number of

directors.

11. Examination by superintendent.

12. Minimum capital stock.

13. Deposit of securities.

14. Exchange of securities; interest.

15. State treasurer to countersign transfer of securities.

16. Investment of capital and surplus.

17. Securities must be interest or dividend-paying.

18. Stocks in other corporations.

19. Lien on stock and profits.

« AnteriorContinuar »