Chapter 17. AN ACT to set off Nathaniel Carril from the Town of Warren and annex him to the Town of Camden. Approved February 10, 1836. Be it enacted by the Senate and House of Representatives in Legislature assembled, That Nathaniel Carril together with his farm, on which he now lives, and which is bounded as follows; to wit, beginning at a stake and stones on the Town line of said Camden, thence running South fifty six degrees West, about forty rods to a stake and stones to land of William Gregory, thence North thirty four degrees West two hundred and sixty rods to stake and stones, thence north fifty six degrees east forty rods to said Camden line, thence by said Town line to the bounds first mentioned;-be, and the same are, hereby, set off from the town of Warren, County of Lincoln, and annexed to the Town of Camden and County of Waldo. viding line. Chapter 18. AN ACT to alter and establish the dividing line between the Towns of Approved February 10, 1836. Be it enacted by the Senate and House of Representatives in Legisla ure assembled, That from and after the passing of this Act, the dividing line between the Towns of Freedom in the County of Waldo, and Montville in said County, be, Description of di- and hereby is established as follows, viz. beginning at the Northeasterly corner of Thomas McLaughlin's farm, thence Southerly by the Easterly end of said McLaughlin's farm to the line which divides it from land owned by Thomas Foster, thence Westerly on said line to the end of a stone wall and an apple tree near the road leading by said McLaughlin's to Freedom Mills, thence Westerly across the said road in such a direction as will strike the water of Sandy Stream Pond which is nearest to said road at the highest flowing of said pond, thence along the Easterly shore of the said Sandy Stream Pond by the highest flowing of said pond to the lot line between Luther Gregory and Oliver Bowin, thence Easterly by said line between Luther Gregory and Benjamin Carr on the South side, and Oliver Bowin and Edward Davis on the North side of said line to the old town line between Montville and Freedom, thence by the old town line as formerly established between Montville and Freedom, to the Southeast corner of Freedom. Chapter 19. AN ACT to set off Peter Gilman from East Pond Plantation and annex him to the town of Norridgewock. Approved February 11, 1836. Be it enacted by the Senate and House of Representatives in Legislature assembled, That Peter Gilman together with Description of that part of his farm on which he now lives in East Pond property set off. Plantation be and the same are hereby set off from East Pond Plantation and annexed to the town of Norridgewock. Chapter 20. AN ACT to incorporate the Wells Mutual Fire Insurance Company. Approved February 16, 1836. Names of Corpo SECT. 1. Be it enacted by the Senate and House of Representatives in Legislature assembled, That, Theodore Wells, rators. Samuel Hatch Jr., Elisha Hatch, Joseph Eaton, Samuel Chadburn, Henry Littlefield, John Staples Jr., Theodore Wells Junr., their associates, successors and assigns, be, and they, hereby, are created a body corporate by the name of, the Wells Mutual Fire Insurance Company, with Powers, &c. power by that name to prosecute and defend suits at law, Persons may become interested, &c. Directors, how of office. to have and use a common seal, to make by laws and regulations for the management of their affairs, not repugnant to the laws of this State; may purchase and hold such personal, and real estate, as may be necessary to effect the objects of their association, and to enjoy all rights. and powers, incident to such corporations. son, and SECT. 2. Be it further enacted, That all, and every perpersons, who shall at any time become interested, in said Company, by insuring therein, and also their respective heirs, executors, administrators, and assigns, continuuing to be insured therein, as hereinafter provided, shall be deemed and taken, to be members thereof, for and during the terms specified in their respective policies, and no longer, and shall, at all times, be concluded and bound by the provisions of this Act. SECT. 3. Be it further enacted, That there shall be a meeting of said Company, at Wells in the County of Time of meeting. York on the first Monday of April, annually, or on such other day, as said company may hereafter determine; at chosen and term which meeting, shall be chosen, by a major vote of the members present, a Board of Directors, consisting of not more than nine nor less than five members; who shall continue in office, until others shall have been chosen, and vacancies how accepted the trust in their stead. All vacancies, happening in said Board, may be filled by the remaining members, until the next annual meeting; and a majority of the whole number shall constitute a quorum for the transaction of Special meeting, business. Special meetings of the Company may be called, by order of the Directors, or in such manner as the by laws thereof may have prescribed. filled. how called. Directors to su manage funds. perintend, and SECT. 4. Be it further enacted, That the Board of Di rectors shall superintend the concerns of said Company, and shall have the management of the funds and property thereof, and of all matters and things, thereunto relating, not otherwise provided for, by said Company. They shall ties of Directors. have power, from time to time to appoint a Secretary, Treasurer and such other officers, agents, and assistants, as to them may seem necessary; and prescribe their duties, Powers and du fix their compensation, take such security from them as they may deem necessary for the faithful performance of their respective duties, and may remove them at pleasure. They shall determine the rates of insurance, the sum to be insured on any building, not exceeding three fourths of its value, and the amount of the note to be deposited for the insurance thereof. They shall order and direct the making and issuing of all policies of insurance; the providing of books, stationery, and other things, needful for the office of said Company, and for carrying on the affairs thereof; and may draw upon the Treasurer for the payment of all losses, which may have happened, and for expenses incurred in transacting the concerns of said Company. They shall elect one of their own number to President, how act as President, and may hold their meetings, monthly chosen. and oftener, if necessary; and shall keep a record of their proceedings. persons becoming SECT. 5. Be it further enacted, That every person, who shall become a member of said Company, by effecting Requirements of insurance therein, shall, before he receives his policy, members. deposit his promissory note for such sum of money, as shall be determined by the Directors, a part, not exceeding eight per cent. of which said note, shall be immediately paid, for the purpose of discharging the incidental expenses of the Institution, and endorsed thereon; and the remainder of said deposit note shall be payable, in part, or the whole at any time when the Directors shall deem the the same requisite, for the payment of losses, or other expenses; and at the expiration of the term of insurance, the said note or such a part thereof, as shall, remain unpaid, after deducting all loses and expenses occurring during said term, shall be relinquished, and given up to the signer thereof. SECT. 6. Be it further enacted, That every member of said Company shall be, and hereby is bound and obliged to pay his proportion of all losses and expenses, happening or accruing, in, and to, said Company, to the amount of his or her deposit note, and no more. And the Company Members bound portion of losses to pay their pro and expenses. Members sustain notice in writing to Directors or Secretary. shall have a lien against the assured, on all buildings insured by them, during the continuance of his or her policy to the amount of his or her deposit note and no more. SECT. 7. Be it further enacted, That when any member ing losses to give shall sustain any loss, by fire, of the property so insured, the said member shall within sixty days next after such loss, give notice thereof, in writing to the Directors, or some one of them, or to the Secretary of said Company; and the Directors, upon a view of the same, or in such Amount of losses, other way as they may deem proper, shall ascertain and how determined. determine the amount of said loss; and if the party sufferParty suffering ing is not satisfied with the determination of the Directors, bring an action in the said party, within three months next after such deterthe loss happens. mination is made known, may bring an action at law agains said corporation, in the County where the loss, or damage not satisfied, may the county where happened; and in case the plaintiff in such action shall not on trial, recover as damages, more than the amount deter No costs to be al- mined, as aforesaid, no costs shall be allowed the plaintif but the Corporation shall recover its costs, and executio shall issue for the balance in favor of the party entitled t recover it. Jowed in certain cases. proceed after re loss. SECT. 8. Be it further enacted, That the Directors shal Directors how to after receiving notice of any loss or damage, by fire su ceiving notice of tained by any member, and ascertaining the same, settl and determine the sums to be paid, by the several member thereof, as their respective proportions of such loss; an publish the same in such manner as they shall see fit, or a the by-laws shall have prescribed. And the sum to b paid by each member, shall always be in proportion to th original amount of his deposite note or notes, and shall b paid to the Treasurer, within thirty days next after th publication of said notice. And if any member shall, fol in case members the space of thirty days, after such notice, neglect, or re sum assessed for fuse to pay the sum, assessed upon him, her, or them as tion of loss, &c. his, her, or their proportion of any loss or damage as aforesaid; in such case, the Directors may sue for and recover the whole amount of his, her, or their deposite -how to proceed refuse to pay the his or her propor |