About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

An Act to incorporate the Eufaula Home Insurance Company. 1861 93 (1861.1)

handle is hein.slavery/ssactsal0581 and id is 1 raw text is: and property of said company shall at all times be lia- Stock and prop- ble to the same rate of taxation as the property of indi- ttion. viduals or like corporations in this state. SEC. 13. Be it further enacted, That all bonds, bills, Iegamty of and promissory notes, made payable at the office ofthe Eufaula Insurance Company, shall have the same legal effect, and be subject to the same legal remedies, as if the same were made payable in or at a bank, or banks, of this state: Provided, That the General Assembly may, Restrictions, at any time hereafter, alter, modify, or repeal this char- ter: And provided further, That nothing contained in this act shall be construed as conferring upon said com- pany banking powers or privileges: And providecfur- ther, That no bank note or bill, issued or made by any bank created or established by. the authority of any of our sister states, or of any foreign country, shall be paid out under any circumstances by the company created by this act, or by any of its officers or agents, under the penalty of forfeiture of the charter by this act created. APPROVED, February 9, 1861. No. 115.1 AN ACT To incorporate the Eufaula Home Insurance Company. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Alabama in General Assembly convened, That Edward B. Young, William T. SimpsOn, Incorporators John W. Clark, Clayton R. Woods, Charles D. Laney, John McNab, A. Stow, N. M. Hyatt, J. G. L. Martin, and their associates, be and they are hereby constituted a body corporate, under the name and style of The rame of compa Eufaula Home Insurance Company, and by that name nyand its pow. shall be capable of suing and being sued in all the courts of this State; of purchasing, holding and con- veying property of all descriptions; of making and using a common seal, and generally of doing any act necessary to carry into effect the objects of the corpor- ation, not inconsistent with the laws and constitution of this state. SEc. 2. Be it further enacted, That the capital stock ofAmount of capi- tal stock; shares this -corporation shall be not less than fifty thousand onehundred dol- dollars, nor more than two hundred thousand dollars,lars. to be divided into shares of one hundred dollars each, 98 1861.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most