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 21
... 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 meeting of the cor- poration a number of directors , not less than ...
... 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 meeting of the cor- poration a number of directors , not less than ...
Page 33
... holders whereof shall not thereby become members of the corporation , but shall be entitled to participate in profits to such extent , and upon such plans , terms and conditions as shall be prescribed or agreed on : 4. Its principal ...
... holders whereof shall not thereby become members of the corporation , but shall be entitled to participate in profits to such extent , and upon such plans , terms and conditions as shall be prescribed or agreed on : 4. Its principal ...
Page 38
... holders . The directors shall have the power to choose from their number an executive committee of not less than seven , which may ex- ercise all the powers of the board of directors whenever the board shall not be in session , and also ...
... holders . The directors shall have the power to choose from their number an executive committee of not less than seven , which may ex- ercise all the powers of the board of directors whenever the board shall not be in session , and also ...
Page 39
... holders of a majority of all the outstanding shares of the capital stock of the company cast by ballot in favor of the increase at an annual or special meeting of the stockholders held upon a notice stating that one of the purposes of ...
... holders of a majority of all the outstanding shares of the capital stock of the company cast by ballot in favor of the increase at an annual or special meeting of the stockholders held upon a notice stating that one of the purposes of ...
Page 41
... Holders of one - third of the whole amount of stock issued and out- standing shall constitute a quorum . SEC . 18. Special Meetings of Stockholders . - Special meetings of the stock- holders may be called by the president or by the ...
... Holders of one - third of the whole amount of stock issued and out- standing shall constitute a quorum . SEC . 18. Special Meetings of Stockholders . - Special meetings of the stock- holders may be called by the president or by the ...
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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.