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![handle is hein.slavery/ssactsal0578 and id is 1 raw text is: its officers or agents under the penalty of forfeiture of
the charter by this act created.
Statement of SEC. 9. Be it further enacted, That the president or
ond ob eof secretary of said company must on the second Monday
and published in January in each year, make out, under oath, a state-
ment of the condition of said company, showing the
amount and character of its assets and also of its liabil-
ities on the first day of January in the same year, and
shall publish said statement so verified in some news-
paper of general circulation published in the city of
Eufaula, and upon failing to comply herewith, the char-
ter of said company shall be and the same is hereby
forfeited.
stochldry of SEc. 10. Be it further enacted, That the stockholders
shall be liable and responsible for the amount of their
stock and no more.
APPROVED, February 8, 1861.
No. 116.] AN ACT
To incorporate the Woodville Insurance Company.
SECTION 1. Be it enacted 6y the Senate and House of Rep-
resentatives of the State of Alabama in General Assembly
Incorporators. convened, That Richard A. Solomon, Wm. T. Robinson
and William Wood, and such others as hereafter may
become associated with them for that purpose, and their
successors, are hereby declared and created a body poli-
Name of compa tic and corporate, by the name of the Woodville In-
ny-its powers. surance Company and by that name shall be capable in
law of suing and being sued, in any of the courts of
law and equity in the state, as a natural person. They
shall have power to purchase, hold and enjoy real and
personal estate of any description whatever, and may
dispose of the same at pleasure, and shall have power
generally to do and perform any and every act necessary
to be done to carry into effect the object of this charter
not inconsistent with the laws of this state, may have
and use a common seal, and may alter the same.
Amount of capi. SEc. 2. Be it further enacted, That the capital of said
tal 'tock-how
paid. corporation shall be fifty thousand dollars, and shall be
divided into shares of one hundred dollars each, the
same to be paid in the manner following: ten dollars
1861.
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