Charters of American Life Insurance Companies: Being a Compilation of the Original Charters and All Amendments Thereto of Fifty-six Prominent Companies Operating Under the Legal Reserve Requirements : with Extracts from By-laws Affecting ContractsThe Company, 1906 - 408 pages |
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Page 12
... deem proper . Such increased stock shall be apportioned pro rata among the stockholders of record at the time such increase is made , and no greater dividend shall be paid upon the capital stock of said company than ten per centum per ...
... deem proper . Such increased stock shall be apportioned pro rata among the stockholders of record at the time such increase is made , and no greater dividend shall be paid upon the capital stock of said company than ten per centum per ...
Page 17
... deem necessary . SEC . 6. A director or officer may for cause be removed from office by the board of directors as the by - laws may provide . SEC . 7 . The term of office of the president and other officers of the existing company shall ...
... deem necessary . SEC . 6. A director or officer may for cause be removed from office by the board of directors as the by - laws may provide . SEC . 7 . The term of office of the president and other officers of the existing company shall ...
Page 19
... deem proper . All investments or sales of stocks or bonds shall be made in the name of the company , with power on the part of the president , the first vice - president , second vice - president , or one of them , with the secretary ...
... deem proper . All investments or sales of stocks or bonds shall be made in the name of the company , with power on the part of the president , the first vice - president , second vice - president , or one of them , with the secretary ...
Page 21
... deem it necessary or expedient , and shall be paid in by the holders of the stock , which shall always stand pledged to the corporation , for all such assessments so called for . SEC . 3. [ Election of Directors . ] - At the first ...
... deem it necessary or expedient , and shall be paid in by the holders of the stock , which shall always stand pledged to the corporation , for all such assessments so called for . SEC . 3. [ Election of Directors . ] - At the first ...
Page 24
... deem advisable . 6. The secretary of the board shall be clerk of the corporation , and shall give notice of the annual meetings by publishing the same in two newspapers of Pittsfield , ten days at least before the meeting . 24 CHARTERS ...
... deem advisable . 6. The secretary of the board shall be clerk of the corporation , and shall give notice of the annual meetings by publishing the same in two newspapers of Pittsfield , ten days at least before the meeting . 24 CHARTERS ...
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Charters of American Life Insurance Companies N. y. ). Spectator Company (New York No preview available - 2023 |
Common terms and phrases
abstract of title actuary aforesaid amended amount annual election annual meeting appoint approved articles of incorporation Assembly assets assistant secretary auditor authorized ballot board of directors board of trustees bonds by-laws called capital stock centum certificate charter common seal consist constitute a quorum contracts corporation deem dividends duly duties election of directors enacted entitled executive committee expire filled finance committee five funds Hartford held hereafter hereby hold office holders home office hundred thousand dollars Insurance Company investments issued laws loans majority medical director mortgages Mutual Life Insurance notice number of directors paid pany par value payable payment person policies of insurance policyholders premium president profits proxy purchase purpose real estate regular meeting reinsure scrip seal second vice-president securities special meeting standing committees stockholders subscribed successors surplus term thereof thereto tion transaction of business transfer Travelers Insurance Company treasurer vacancy vote
Popular passages
Page 554 - ... no person shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter or thing concerning which he may so testify or produce evidence...
Page 554 - ... insurance, or in the dividends or other benefits payable thereon, or in any other of the terms and conditions of the contracts it makes...
Page 48 - Philadelphia, be, and shall be, for ever hereafter, persons able and capable in law, to sue and be sued, plead and be impleaded, answer and be answered unto, defend and be defended...
Page 400 - Every policy of life insurance made payable to or for the benefit of a married woman, or after its issue assigned, transferred or in any way made payable to a married woman, or to any person in trust for her or for her benefit, whether procured by herself, her husband or by any other person, and whether the assignment or transfer is made by her husband or by any other person, shall, unless contrary to the terms of the policy, inure to her separate use and benefit, and to that of her children, subject...
Page 546 - ... nor shall any such company or any officer, agent, solicitor or representative thereof, pay, allow or give, or offer to pay, allow or give, directly or indirectly as inducement to insurance, any rebate of premium payable on the policy, or any special favor or advantage in the dividends or other benefits to accrue thereon, or any paid employment or contract for services of any kind or any valuable consideration or inducement whatever not specified in the policy contract of insurance...
Page 404 - If no such agreement be expressed in the application or policy, such single premium may be applied in either of the modes above specified at the option of the owner of the policy, notice of such option to be contained in the demand hereinbefore required to be made to prevent the forfeiture of the policy.
Page 378 - America; which sum the said company promises to pay the said , or assigns, at the office of the Company, in the city of New York...
Page 397 - State that the interests of the company will suffer materially by a forced sale of such real estate, in which event the time for the sale may be extended to such time as the said Auditor shall direct in said certificate. SEC. 25. All companies organized under the laws of this State...
Page 486 - And that the president and secretary of this corporation be and they are hereby authorized, empowered and directed...
Page 82 - Such as shall have been mortgaged to it in good faith, by way of security for loans previously contracted, or for moneys due ; or, 3.