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![handle is hein.slavery/ssactsal0552 and id is 1 raw text is: 1859-00. 172
cortravts and bar ains by the President and Directors or
by such agent as they may appoint, as may seem to them
miost for the interest of .,aid c:6rijorition.
Seu 7. I it firther enwlcd, That the President and
Dircturs 11y by rcsolution or hly-Iow, cate all offikers
mnd ulglts of Saill corliriation not herein -pmcially provided
for, nd nuly prescribl thir dutics ; they shall have power
Ome rt 1m1 to i'esoriho an oath which each oflicer s11:111 talke and ub-
SgoA. ScIbe before ie enters 11pon the (du1ties of, his oflice, and
s1111l fix Mnd ilwVScribe the mouin011t an1d conlditiOnS of ecll
1)oI to be Piven bY the oflicers, and also their salaries or
amn tsIII, to Ite paid to tiltIm.
uhily. - SroC. 8. le it futher ci acted, That the said corporation
sill be liable it) its creditors to th full extent of lis prop-
etty alid as3sets, '1a the Several stockholers shall be liable
to the ' reiditors of the corjoration to tie extent of their
Stock subscribed ald not pnidl in.
Poweri, an131iorv- Si:c. 9. B> itl futrther cacted, That this charter and all
Ilges. the powers and privileges, hrreil Contained 11(d granted
shall reanain ill fill force for tie period of fifteen years
fiomi the lato of its aIpproval.
Sjmx. 10. le ?I j1rther enCt/ed, That all bills, bonds, notes
nles., or other scurities, Illade layiable in or at the ofileo of said
cor3pn1ration, shall he Subject to the same rules of law,
anl to the s:m1 legal reimedies, :s if payable in or at
one of the chartered hallks of this State.
It. 11. Be it j/hrther ctoed, That the said corporation
shall not pay out or le it(l itty bill or note of ny cor-
poration or b ook located wit of the State of Alabama,
uIder penilty of firfeiturel of its charter.
ArtoveI), ebruary 24, 1 00.
No. 165.] AN ACT
To ilcorporato the Jz3cksonlvillo Insirance Company.
Six. 1. le it comtd bq the Senate and Iuse of lpresent-
aWives Of the Sitte of I labama in 'eneral Assedhy co nveCned,
That Daniel J. Rypn, Edward L. \Woolvard, Thomas .
Williams, \Villiamn 1. Bush, Frainklin \\oodraff, George C.
nBdy corporate. Whtlliy, Thomas R. Howlan1 an1 John T. JIellin, and
such others as may herealfter becone associated with them
f1o3 that purpose, and their suieessors, are hereby declared
and created a body politic and corporate, by the nume of](ViewImageLocal?handle=hein.slavery/ssactsal0552&div=1&collection=&method=preview&ext=.png&size=3)