ROYAL GAZETTE. 
     
    
   
   
    
     899 
     
    
   
   
    
       
     
    
   
   
    
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     LAWS or PRINCE “EDWARD ISLAND. 
     
    
   
   
    
       
     
    
   
   
    
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     An Act to revise, consolidate and amend ‘t the 
     
     Charlottetown Mutual Fire Insurance Com- 
     
    
   
   
    
     pany’s Acts.” 
     
     [Passed April 19, 1869.] 
     
    
   
   
    
     HEREAS it has been deemed advisable 
     
    

    
     to revise, amend and reduce into one 
     
     Act an Act passed in the Eleventh year of the 
     
     reign of Her present Majesty Queen Victoria, 
     
     Chapter nine, intituled “ An Act to incorporate 
     
     aMutual Fire Insurance Company,” and an 
     
     Act passed in the Twelfth year of Her said 
     
     Majesty, Queen Victoria, Chapter thirty—two, 
     
     intituled “An Act to amend the Act incor- 
     
     porating the Charlottetown Mutual Fire In- 
     
     surance Company.” Whereas several persons 
     
     hereinafter named have united, with many 
     
     others, to form the said Comp-any, which shall 
     
     be mutual in its character, and to extend all 
     
     over the Island: Be it therefore enacted by 
     
     the Administrator of the Government, Council 
     
     and Assembly :- 
     
    

    
     I. That George Beer, H. J. Callbeck, Mark 
     
     Butcher, John Scott, William Dodd, William 
     
     Weeks, David R. Hooper, William Brown, 
     
     Bertram Moore, W. E. Dawson, John Stumbles, 
     
     Thomas W. Dodd, William C. ’l‘rowan 
     
     and Henry Palmer, and all and every such 
     
     other person and persons as shall, from time to 
     
     time, become Insurers in the said Company 
     
    
   
   
    
     and Undertaking hereby established as herein- p 
     
    
   
   
    
     after mentioned, and their respective suc- 
     
     cessors, executors, administrators and assigns, 
     
     shall henceforth be, and they are hereby united 
     
     into a Company and. declared to be one body, 
     
     politic and corporate, by the name of the 
     
     “ Charlottetown Mutual Fire Insurance Com- 
     
     pany,” and by that name shall have perpetual 
     
     succession and a common seal, with power the 
     
     same seal to change, alter, break and make 
     
     new, as to the Company shall seem fit, and by 
     
     that name, also, shall and may sac and be 
     
     sued, lead Or be impleaded, at law or in 
     
     equity, and shall and may prefer and prosecute 
     
     any Bill or Bills of Indictment against any 
     
     person or persons who shall commit any 
     
     felony, misdemeanor or other offence, by law 
     
     indictable, and shall and may institute and 
     
     pursue any criminal proceedings whatsoever, 
     
     in any court or courts in this Island, for 
     
     offences that may be committed by any person 
     
     or persons whomsoever, and for any trespass 
     
     that may be committed, before any Justice or 
     
     Justices of the Peace, Commission or Commis- 
     
     sioners, or other competent jurisdiction; and 
     
    
   
   
    
       
     
    
   
   
    
     shall, by that name, be capable, {authorized- 
     
     and empowered to purchase, have, held, re- 
     
     ceive, possess and enjoy lands, messuages, 
     
     houses, hereditnments and real estates what- 
     
     soever, within this Island, either in fee 
     
     simple or for terms of life or lives, or years, ‘or 
     
     in any other manner, but not exceeding in 
     
     value Five thousand pounds, and likewise 
     
     monies, goods, chattels, effects, and other 
     
     things of whatsoever kind or quality, and shall, 
     
     by that name, and in their corporate capacity, 
     
     be capable, authorized and empowered to give, 
     
     grant,sell, assign, mortgage, demise, absolutely, 
     
     or conditionally, or otherwise, dispose of all, 
     
     or any, of such real and personal estate or 
     
     property as aforesaid, .as to the said Company 
     
     shall seem meet, and at their free will and plea- 
     
     sure ; provided always, that the purchase money 
     
     of the lands, messuages, houses, or real estate, 
     
     requisite for the offices and buildings for the 
     
     business of the Company, and the eXpenditure 
     
     for the erection of such offices and buildings, 
     
     shall not exceed the sum of Five hundred 
     
     pounds, unless to replace thesame, or to repair 
     
     damages by the accidental destruction thereof, 
     
     a larger expenditure shall become necessary. 
     
    
   
   
    
     II. That the said real and personal estate of 
     
     the said corporation shall be liable for, and 
     
     subject to, the payment of all debts contracted 
     
     by the said Company, and that none of the 
     
     resent or future members of the company shall 
     
     be liable for the payment of any debts contract- 
     
     ed beyond the amount specified in the bond to 
     
     be given by each member of the Company as 
     
     hereinafter set. forth. 
     
    

    
     III. That no person shall be considered a 
     
     member of the said Company until he shall 
     
     make, execute and deliver to the said company 
     
     a bond, with one or more sureties, if the Board 
     
     of Directors shall deem necessary, to be con— 
     
     ditional that he shall abide by the regulations 
     
     and by-laWS of the said Company, and pay his 
     
     proportion of any demand against the Com- 
     
     pany, that may be-decided by the rules thereof, 
     
     under a penalty of Five per centum on the 
     
     amount of his property insured; provided 
     
     always, that, in any one year, he shall not be 
     
     called upon to pay more than five per centum, 
     
     on the amount insured on his property, for the 
     
     payment of losses incurred during that year, 
     
     while he or she continues a member thereof, 
     
     which bond shall be subject to the approval of 
     
     the Board of Directors, and judgment may be 
     
     entered on the said head when necessary; 
     
     and if judgment be not entered up within a