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 |
From inside the book
Results 6-10 of 99
Page 40
... less than seven directors , of whom the president of the company shall be one ; and said committee may exercise all powers vested in and conferred upon the board of directors at any time when the board is not in session . Three to Be a ...
... less than seven directors , of whom the president of the company shall be one ; and said committee may exercise all powers vested in and conferred upon the board of directors at any time when the board is not in session . Three to Be a ...
Page 42
... less than five hundred thousand dollars , and may be increased by vote of the stockholders , at any time , to one million of dollars ; the shares of the capital stock to be of the value of one hundred dollars each , upon which ten ...
... less than five hundred thousand dollars , and may be increased by vote of the stockholders , at any time , to one million of dollars ; the shares of the capital stock to be of the value of one hundred dollars each , upon which ten ...
Page 45
... less than one hundred and twenty - five thousand dollars , by reducing the number of shares , or the par value of the shares of the respective stockholders of said company , pro rata , and to return that portion of the capital ...
... less than one hundred and twenty - five thousand dollars , by reducing the number of shares , or the par value of the shares of the respective stockholders of said company , pro rata , and to return that portion of the capital ...
Page 52
... less than one dollar or for any fractional part or parts of dollars , but all such fractional parts shall be placed to the contingent account of the company and applied to the expenses and other charges of the then current year . No ...
... less than one dollar or for any fractional part or parts of dollars , but all such fractional parts shall be placed to the contingent account of the company and applied to the expenses and other charges of the then current year . No ...
Page 65
... less than seven days before the date for which such special meeting is called . ARTICLE 8. Compromise and Settlement of Policies . - The company shall have the power to settle and compromise any claim against the company , held by any ...
... less than seven days before the date for which such special meeting is called . ARTICLE 8. Compromise and Settlement of Policies . - The company shall have the power to settle and compromise any claim against the company , held by any ...
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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.