Charters of American life insurance companies: being a compilation of the original charters and all amendments thereto of thirty prominent companies, operating under the legal reserve requirements, with extracts from by-laws affectng contracts (Google eBook)

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The Spectator Company, 1895 - Business & Economics - 297 pages
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Page 21 - 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 200 - ... 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 207 - If the reserve upon any endowment policy applied according to the provisions of this section as a single premium of temporary insurance be more than sufficient to continue the insurance to the end of the endowment term named in the policy, and if the insured survive that term, the excess shall be paid in cash at the end of such term, on the conditions on which the original policy was issued.
Page 84 - 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 98 - 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.
Page 61 - The members of said board shall hold office for the term of one year and until their successors are elected and qualified.
Page 52 - ... name or in the name of any third person, with his assent, as her trustee, to cause to be insured, for her sole use, the life of her husband, for any definite period, or for the term of his natural life ; and in case of her surviving her husband, the sum or net amount of the insurance becoming due and payable by the terms of the insurance, shall be payable to her, to and for her own use, free from the claims of the representatives of the husband, or of any of his creditors...
Page 14 - I have compared the preceding with the original law on file in this office, and do hereby certify that the same is a correct transcript therefrom, and of the whole of said original law.
Page 20 - At all meetings of the stockholders each stockholder shall be entitled to one vote for each share of stock held and owned by him...
Page 16 - Such as shall have been purchased at sales upon judgments, decrees or mortgages obtained or made for such debts; and it shall not be lawful for any company incorporated as aforesaid to purchase, hold or convey real estate in any other case or for any other purpose...

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