Chapter LVII. *to amend the charter of the Potomac Fire Insurance Company of Georgetown.* March 3, 1837. *Be it enacted, &c.*, That the name and style of the said company shall hereafter be the “Potomac Insurance Company of Georgetown;”Shall have power to make insurance on vessels, &c. and in addition to the powe
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Chap. LVII.— An Act *to amend the charter of the Potomac Fire Insurance Company of Georgetown.* March 3, 1837. *Be it enacted, &c.*, That the name and style of the said company shall hereafter be the “Potomac Insurance Company of Georgetown;”Shall have power to make insurance on vessels, &c. and in addition to the powers, privileges, and immunities granted to the said company in and by their original act of incorporation, the said company shall have full power and authority to make insurance on vessels, merchandise, freights, and all other interests in or touching property at sea, or going to sea, and on all kinds of marine risks whatsoever; to make insurance on lives, to grant annuities, to receive endowments, to contract for reversionary payments, and to pass all such by-laws as may be necessary to carry these and their other powers into effect, not contrary to the laws of the United States, and from time to time to alter or repeal the same; and to make, execute, and perfect such and so many contracts, bargains, agreements, and other instruments, as shall or may be necessary, and as the nature of the case shall or may require.
Sec. 2. *And be it further enacted,* That it shall and may be lawfulMay open books and take subscriptions of stock, &c. for the said company, at such time and so often as a majority of the stockholders may agree and so order, to open book-s and take subscriptions of stock, until the original contemplated capital stock of said company shall be filled. Sec. 3. *And be it further enacted,* That the president and directorsPresident and directors may take security on real estate, &c. of said company may, at their discretion, take security on real estate of at least double the value of the amount to be secured, in lieu of endorsed notes, for the unpaid part of capital stock; and it shall be lawful for the stockholders to pay up ten dollars per share on any and every share of stock held by him, her, or them, in cash, not oftener than once a year, commencing with the first of July, in the year eighteen hundred and thirty-six, and be entitled to dividend thereon as on other cash stock: *Provided,* The said payments are made fully six months beforeProviso. the declaration of such dividend.
Sec. 4. *And be it further enacted,* That the foregoing enactmentsWhen to be in force, &c. shall be in force and binding on the said company and others, as soon as a written acceptance thereof, adopted by a majority of the stockholders of said company, shall be authentically certified, and filed and recorded in the office of the clerk of the circuit court of the District of Columbia, for the county of Washington: *Provided,* That the changeProviso. in the name of the said company, hereby authorized, shall not affect any proceedings instituted, or liabilities incurred, before the passage of this act, by or against the said Potomac Fire Insurance Company.
Approved, March 3, 1837. Chapter LVIII: for the relief of Henry Lee. 6 Stat. 692 1837-03-03 Chapter LVIII Charles C. Little and James Brown text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Digitization Vendor 2025-12-05 16 2 private 692 TWENTY-FOURTH CONGRESS. Sess. II. Ch. 58, 59, 60, 61. 1837.
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- Chapter LVII*to amend the charter of the Potomac Fire Insurance Company of Georgetown.* March 3, 1837. *Be it enacted, &c.*, That the name and style of the said company shall hereafter be the “Potomac Insurance Company of Georgetown;”Shall have power to make insurance on vessels, &c. and in addition to the powe
- Chapter LVIII*for the relief of Henry Lee.* March 3, 1837. *Be it enacted, &c.*, That the accounting officers of the treasury A credit to be allowed to John Ricaud.department be, and they are hereby, directed and required to admit and pass to the credit of John Ricaud, the sum of two thousand dollars heretofore
- Chapter LX*for the relief of James Brown and John Brown, half breeds, of the Cherokee nation of Indians.* March 3, 1837. *Be it enacted, &c.*, That the Secretary of the Treasury be, and he is Payment for improvements surrendered by them.hereby, directed to pay to James Brown the sum of six hundred and forty-s
- Chapter LIX*for the relief of William Christy.* March 3, 1837. *Be it enacted, &c.*, That the Third Auditor of the Treasury ascertain Amount due him to be ascertained, &c.the amount due to William Christy, as military storekeeper, one year, in the north-western army, under an appointment of General Harrison; a
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Chapter LVII
*to amend the charter of the Potomac Fire Insurance Company of Georgetown.* March 3, 1837. *Be it enacted, &c.*, That the name and style of the said company shall hereafter be the “Potomac Insurance Company of Georgetown;”Shall have power to make insurance on vessels, &c. and in addition to the powe
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