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 •• 
 
.y 
 
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 (■ v.- i^-^- .ji^*^^yt " " ^:'^'*' ^ 
 
 ACT 
 
 ^-^^"^^ei-^i 
 
 /v<;t>-/ 
 
 TO INCORPORATE 
 
 THE 
 
 <aue6et dftr^'SaiSiSurattte ©ompattp, 
 
 ^ 
 
 I 
 
 i 
 
 TO WHICH ABE ADDED, 
 
 BY-LAWS, RULES AND REGULATIONS OF THE 
 
 SAID COMPANY, 
 
 Revised, corrected, and confirmed at a General Meet- 
 ing OF Stockholders held at the Company's Office oiv 
 the 30tu November, 1826. 
 
 SECOND edition, WITH AN INTRODUCTORY NOTICE. 
 
 QUEBEC: 
 
 Frinted by order of the said General Meeting, 
 By P. E. Desbarats, Law- Printer to the Kiog's Most Excelieat MajMtj. 
 
 1837. 
 
 ^ 
 
SJ^ 
 
INTRODUCTORY NOTICE. 
 
 XN publishing r. second edition of the By-Laws 
 of the Quebec Fire-Assurance Qompany^ it has (for the 
 Information of the Stockholders) been deemed requisite 
 to prclix a brief explanation of their general tendency, of 
 the authority under which they were originally framed, 
 and have since been amended, enlarged, collected, pub- 
 lished, and become legal enactments, binding upon the 
 Members of this Corporation. — To the public generally, 
 perhaps, it may alfjo be considered of some importance to 
 be made acipuiinted, it is hoped in an unobtrusive man- 
 ner, with the means adopted to form the First Public 
 Stock Company ever successfully attempted in the 
 Canadas ; tlie more especially as that Company has been 
 firmly established and in active operation for a period of 
 nine years, and, in the face of obstacles, competition, and 
 enormous losses, that must inevitably have disabled and 
 even annihilated any undertaking less prudently and 
 patriotically modelled, or less ably managed, has success- 
 fully attained to that degree of respectability and public 
 confidence it now enjoys. 
 
 Previous to the year 1818, persons residing in Canada, 
 desirous of protecting themselves against the consequen- 
 ces of the very frequent and destructive Fires, that have so 
 often spread ruin and calamity in our towns, had no other 
 resource but that of applying to the Agents of a Company 
 established in another quarter of the globe, a thousand 
 leagues distant : Agents, who, how respectable soever, 
 were in no way responsible for the engagemeats they 
 
 A 2 
 
made in the name, and at the risk of their principals : — 
 In the event of losses, it was expressly stipulated tliat ap- 
 plication for payment could only be made at the Office in 
 Europe, exce|)ting in cases not exceeding the trilling 
 amount of £300, and even these, if contested by the 
 Agents, must be demanded on the spot where the Com- 
 pany was legally domiciliated. Under such a system it 
 cannot be matter of surprise that many difficulties and 
 mucli discontent existed, or that claims, for some losses 
 incurred long previous to the period in qucsfion, have 
 not been adjusted up to this very day. — Prompt investi- 
 gation and immediate settlement of losses by Fires are 
 objects of the very first importance to the suflerers ; in a 
 very many cases delay of payment must greatly aggra- 
 vate the consecjuences of the loss ; yet under the circum- 
 stances before mentioned, few, besides mere Foreign Mer- 
 chants, had either the knowledge, means, or opportunity 
 required to establish a claim for loss sustained in Canada, 
 before a Board of Directoi*s assembled beyond the Atlan- 
 tic Ocean, to say nothing of the loss of interest, or the 
 uncertainties of exchange.* Enjoying the undisputed and 
 undisturbed monopoly of the whole business of the coun- 
 try, it may readily be believed that the rate demanded 
 for premiums was in many instances only checked by 
 the total inability of the assured to tiugment it. From 
 the imjust representations of persons who were total 
 strangers to the country, improper, invidious, and even 
 ridiculous distinctions were made, in many cases too 
 where no real difference existed. For instance, property 
 in the Lower-Town of Quebec, although in a great mea- 
 sure built almost entirely of stone, protected by a con- 
 
 ♦ Policies of Assurance a^^ainst losses by Fire, however carefully frnmed* 
 are and must be in many instances, like all other human inventions, detec- 
 tive ; upon the occurrence of loss the Assured and Assurers will often en- 
 tertain very ditferent views of the nature of their previous mutual contract, 
 as well as of the mode and amount of indemnification ; no written documents 
 can ever fully supply the place of personal acquaintance with the claimant, 
 and with the circumstances attending applications for indemnification of 
 losses by Fire ; difficulties will and must inevitably arise, that can only bo 
 •peedily or satisfactorily adjusted by the parties met face to face. In soin* 
 cases, where the jissured may, perhaps justly, believe that no real cause 
 of delay of settlement exists, the Aasurert may, notwitfa^Undia^, hav* 
 
)al9 : — 
 Iiat ap- 
 fficc in 
 tritlingf 
 by the 
 e Coin- 
 stem it 
 ies and 
 i losses 
 n, have 
 investi- 
 res are 
 s ; in a 
 aijfi^ra- 
 irciini- 
 n Mer- 
 •riunity 
 Janada^ 
 i Atian- 
 or the 
 ted and 
 B conn- 
 iiianded 
 ked by 
 From 
 •e total 
 id even 
 ses too 
 roperty 
 It mca- 
 a con- 
 
 y fi-nmed* 
 IS, de fee- 
 often en- 
 coiilract, 
 iicuinents 
 ;laimant, 
 calion of 
 I only be 
 In soma 
 al causa 
 igf hav» 
 
 niderable number of tinned roofs, and on the very 
 nmrg-in of the St. Lawrence, couhl not be insured 
 ai^ainst Fire for much less tlian a whole quarter's 
 rent ; M'hile, in the Upper-Town, an imaginary line of 
 danger was drawn through the centre of St. John-street, 
 coiKlemning the lower side of the city, that nearest 
 to the water, to fifty per cent, advance upon the rates of 
 premium paid by their more favoured and more elevated 
 neighbours, to the south ! And the city of Montreal, iu 
 spite of the many dreadful proofs it has afforded to the 
 contrarj , was considered at least one-half less hazardous 
 than even the most select situations in the capital. Such 
 absurdities will not, at this day, be readily credited ; for- 
 tunately upwards of one hundred old Policies, in nearly 
 regular fyle as to dates, can be produced to substantiate 
 what has been advanced on this head. 
 
 If difficulties, such as have been adverted to, ex- 
 ist,as applied to highly respectable Agencies of Bri- 
 tish Comjjcmies of the most undoubted commercial 
 integrity, every Stockholder personally responsible for 
 the acts of the body, and possessed of inmiense real 
 capital, specially appropriated to the business of in- 
 suring ; how much more forcibly do they bear upon 
 the epliemeral pitches of Foreign Joint Stock Corpo- 
 rations? Only a few of these difficr^ities and disad- 
 vantages have been hinted at, but it u: tst be evident to 
 every person at all conversant with the subject, that 
 
 good and suflicient reasons for thinking otherwise ; or, may even 
 act unjustly, and upon very unsatisfactory grounds refuse payment of 
 a loss. If tne Assurers arc domiciliated on the spot, and within reach of tho 
 claimant andof the laws of the country, injustice cannot be committed with 
 impunity ; the voice of their feilow-citizena, without having recourse to 
 lagal means, will, in almost every instance, compel an immediate settlement, 
 even in the very face of suspicious or dubious circumstances ; but with 
 respect to Companies established at a distance, beyond the limits of the Pro- 
 vince and the influence of its laws, the case is vastly altered ; it requires a 
 considerable length of time to produce before them the proof requisite to es- 
 tablish even the simplest case of loss : that proof,af(er having been submitted 
 to the Assurers, will often bti defective and further delay incurred ; and after 
 all. when every demand has been complied with, the Assurers may refuse ur 
 delay payment upon the most frivolous pretences, which the sufferer can 
 neither obviate nor explain^ while be has no immediate, nor perhaps evan 
 ultimata meaas of compelUog them to resciad thair unjust datermiQationt. 
 
 A3 
 
Ill 
 
 many more might be easily adduced^ equally applicable to 
 insurances effected with all Companies not establii^hed in 
 the Canadas.f Reasons subsist, affecting; not only the 
 individuals assured, but also the public generally, as to 
 the policy of permitting this branch of commerce to be 
 exercised for the benefit of Aliens ; or at all events, 
 putting them in the most favourable point of view, of 
 persons no way interested in the welfare or improve- 
 ment of the Province ; persons, whose sole endeavours 
 
 i Aiiiiiii}r ii.uii) oilivrti, uiie vei^f pruiniiieiit t'uct may bo niivuiicttd iti 
 support of these nssertion-. Insurancps eflected by the Agenciea of Kx/rn- 
 Frovincinl Compnniea, although it shall be adinitlMd that, in many c.-ihcs, it 
 may, to a ctrluin degree protect tho property of the AHsured, manifestly 
 increases the risk of nis non-insured neighbours, for reasons that will bo 
 obvioi 8 toevery one ;— while, on the other hand. Insurances efTected by 
 local establishments, tend greatly to augment the safety of tha properties 
 not insured. Composed of the most inUuenlial portion of the conmuinity, 
 %vhcre almost every man, woman, and child of them, are either directly 
 concerned in the success of the establishment themselves, as Stock- 
 holders, or indirectly, as the relatives, friends or neighbours of Stock- 
 holders, all deeply interested, not only in ttie suppression of such (ires as 
 actually do occur, but, also, and which is of much greater importance, iii 
 the detection and prevention of many others that most certainly would, 
 without such uninterrupted and interested vigilance, otherwiv*^ take place i 
 tlie^e local estublinhments, we may tlivn safely assert, are highly instru- 
 mental to the security of the citizens generally, experience has fully proved 
 the assertion. 
 
 Competition among so many Insurers may, to those unacquainted 
 vrith the nature of this business, appear to efiect a decrease in tho 
 rates paid for premiums ; but, in point of fact, experience proves that 
 it has directly a contrary tendency, and that in no trifling degree. 
 Agents, some of the.n strangers in the country, unacquainted with the 
 characters of individuals, or the value of property ofl'ered for insurance, 
 and all of them certainly very anxious to obtain business, cannot be 
 supposed over-scrupulous as to the nature of the properties otFered, or the 
 amounts demande(lto be insured on them; what one oiBce may reject 
 another will take, nay, even go out and solicit; by these means, evil- 
 disposed persons, in desperate circumstances, are fairly invited to speculate 
 on Insurances ;— in 99 cases out of 100, it is impossible to bring home a 
 direct case of ar.-on ; in most instances of even negligent frauds proof 
 cannot be come at ; but that undetected frauds have very frequently been 
 practised against the Insurers is beyond dispute; that the consequences to 
 the neighbourhood have often been calamitous, is equally incontestible, 
 and that the olhres, although fully aware of imposition, yet unable to 
 detect the criminal, were in the first instance the principal sufferers, is also 
 true; but mark the consequences! — None are willing to continue a losing 
 business ; in order t(» indemnify (he insurers for past losses, and secure 
 that profit which it is well known has, in the aggregate, been obtained, 
 the premiums have been raised to their present ra'es, at which they must 
 remain so long as such an inordinate competition exists. Those acquainted 
 utiih this branch of commerce, will very easily distinguish between a fair 
 ftod ordinary routine of established business and a forced and speculative one, 
 hy iliDflj conpariag th* proportiooat* amoaot of Renowals wUb tb« o«w 
 
 are 
 her 
 
licablc to 
 lislied in 
 only the 
 lly, as to 
 •ce to be 
 events, 
 view, of 
 iniprove- 
 (leiivours 
 
 dvaiicud "ui 
 ?s of Extra' 
 ,ny CfiHcs, it 
 
 manifestly 
 hnt will l/u 
 effected by 
 
 pi'upertiug 
 :oiiimiiiiity, 
 ler direclly 
 
 as Stock- 
 I of Slock- 
 uch tires as 
 )or(ance, iii 
 niy would, 
 nke place ; 
 •»ly instru- 
 illy proved 
 
 acquainted 
 ase in iha 
 roves that 
 iig degree, 
 d with the 
 insurance, 
 cannot be 
 red, or the 
 lay reject 
 eans, evil. 
 ) speculate 
 iig home a 
 uds proof 
 ?ntly been 
 [uences to 
 liiili'stibia, 
 unable to 
 ?rs, is .'ilso 
 e a losing 
 nd secure 
 obtained, 
 they must 
 cquainted 
 >en a fair 
 ativeone, 
 b tb« Mw 
 
 are concentrated on the one object of amassinij wealth 
 here, to be remitted and expended elsewhere. f 
 
 Deeply impressed with tliese facts, a few private in- 
 dividuals assembled in the early part of the year 1816, 
 and agreed to raise a Joint Stock, for the purpose 
 of indemnifyincf each other against casualties by Fire ; 
 the plan M'as good, could it have been extended to any 
 very considerable number of holders of fixed property in 
 all parts of the Province, but as the subscription did 
 not become general, it was found that the number of 
 contributors, in the way of insurers, M'hile limited to the 
 properties of Shareholders only, were not sufficiently ex- 
 tensive to raise what was considered an adetpiate amount 
 of premiums to meet heavy losses, should any such occur. 
 
 Risks taken ;— to this test we can safely appeal, and the result will iufuUi. 
 biy point out when and where the greatest number of Fires liuvo takeo 
 place, and the greatest amount of property been destroyed. 
 
 The whole business of the Province is barely sulRcient for one, or at 
 most two, respectable offices to transact. Divested of the causes of impru- 
 dent competition now existing. Insurances would be effected with mora 
 circumspection, fewer fires would occur, property not insured become 
 infinitely mure secure, as being less exposed by their neighbours; in line, 
 the losses of the Insurance Offices, and conse'quently their premiums, re- 
 duced, perhaps one-half. — We can have no hesitation in nverriig, that could 
 fj^ecuta/ine Insurances be avoided, premiums might be reduced to the aver- 
 age of 5s. per i;^100, and perhaps even much less, leaving still as considera- 
 ble a protit to the offices as at the rates demanded within a few year* 
 backi which at one time lias been as high as lis. and 15^. 
 
 J We have no data wheieby any very correct estimate can be made of 
 the amount of specie annually withdrawn from the country in the shape of 
 remittances from no less than Ten Agencies of Kxtra- Provincial Companies 
 now in active operuli:)n, draining the country of no inconsiderable por- 
 tion of its capital, which is of course wholly remitted in cash, or, which is 
 equivalent, in bills. The transactions of the Quebec Fire- Assurance Com- 
 pany are alone open to the inspection of the public ; from these it appears, 
 that the annual amount of property insured by them in Lower Canada, fr.r 
 Bome years back, yields an average of about jt^l,100,000 per annum. If 
 the other ten offices are averaged at only ^£-300,000 each, and we believe 
 that some of them do business to the annual amount of nearly three times 
 that sum, the result will be three millions per annum collectively, 
 which at lis. per j^lOO, (the average of the Quebec Fire-Assurance 
 Company,") gives ^"16,500 for premiums, to which may be safely added 
 another jf 1000 for Policy Fees ; in all, ^17,500 : what portion of this 
 amount is paid for losses, can best be stated by these Agents; but we shall 
 not, in all probability, be very wide of the mark in assigning, at the very 
 least, one-third, that is to say, nearly J'6000 per annum, as the amouat aonii- 
 ally remitted for profits, aud totally lusi to Lower Canada. 
 
- f 
 
 j 
 
 1^ 
 
 It 
 
 Under this conviction, it wa" soon after decideii to open 
 the subscription to the public at hu'ire, and esta})lish a 
 Joint-Stock Coni|)any, in order to insure property in the 
 two Provinces generally. Commencing luider the <lis- 
 couraging circumstances of ignorance of the amount of 
 capital re(|uired, and feeling their way in the dark, 
 although the number of shares ])roposed was quickly 
 disposed of, the majority of the subscribers were, at that 
 time, unwilling to conuncncc a business, apparently so 
 hazardous, and entirely novel to all its Members, without 
 the sanction and protection of Legislative authority. A 
 Bill was conse(iuently introduced in the Assembly, and 
 with some dilHculty carried through both Houses, but did 
 not obtain the Royal sanction : other Bills were at sub- 
 sccpient Sessions introduced, and in like manner lost, or, 
 which was ccpiivalent, referred to England, and not con- 
 firmed ; arising, as it afterwards appeared, from defects 
 in the stipulations of the Acts. As the nature of the ob- 
 stacles opposed to the passing of these Acts was at that 
 time unknown to the Shareholders, and in point of fact 
 was not fully ascertained luitil some time after the Act 
 of Incorporation had been passed in 1826, it became ex- 
 tremely doubtful Avhether these obstacles arose from some 
 of the clauses of the Bills proposed, from the tendency of 
 all Bills of like description, or simply from the manner 
 in which they were expressed ; in either of these cases 
 little hopes were entertained of ultimate success ;§ and 
 so circumstanced, it was resolved to hazard a commence- 
 
 fj It certainly appears somewhat surprising, and if the fact did not every day 
 stare us full in Ihu face, almost incredible, that while so much precaution 
 was deemed necebsary to be observed in permitting a Native Jnstilulion,com' 
 prising a portion of every class in the ciimmunity,and possessing a consider- 
 able share of the wealth of the Province, to exercise the legal right of 
 Insuring their own properties ngainst Fire— that Foreigners, Aliens in the 
 country, possessing absolutely nothing within the limits of its jurisdiction, 
 should be Ireely admitted, and allowed to supplant British subjects in this 
 branch of internal commerce, upon such conditions as they themselves 
 choose to dictate or abide by ! ! 
 
 That, while British subjects are prohibited from exercising the business 
 of Insurance in the United States, under any circumstances, or upon any 
 conditions, the subjects of these very Slates, so avowedly jealous of the com- 
 mercial prosperity of Britain and her Colonies, are permitted, nay almost 
 invited, to establisb numerous Agencies in both Provinces, and drain tbelr 
 
 
(\ to of)cn 
 tiiblish a 
 •ty in the 
 the (lis- 
 nioiint of 
 lit' (lurk, 
 <iuickly 
 1^ , (It tliut 
 ircntly so 
 , witlioiit 
 orhy. A 
 ibly, and 
 S but did 
 L! at siib- 
 r lost, or, 
 not con- 
 n defects 
 f the ob- 
 is at that 
 It of fact 
 • the Act 
 I'dme ex- 
 oin some 
 idency of 
 manner 
 -se cases 
 5sj§ and 
 nmence- 
 
 Jt every day 
 precaution 
 tulion,com' 
 a consider- 
 al right of 
 fiens in Iht 
 urisdiction, 
 ects in this 
 themselvei 
 
 he business 
 upon anj 
 of thecom- 
 lay almost 
 drain tbelr 
 
 ,j ment of the business as a Private Joint-Stock Company, 
 , ' under articles of Association. 
 
 r' 
 
 i Tliese articles, bearini,Mlatc 2d April, 1818, were ex- 
 ecuted sons seiiig privc ; andhuviai^ been resorted to as a 
 substitute for i^ei,'islutivc enactment, this document 
 mi«,dit be considered as cunccileu on the future attain- 
 ment of such Act. 
 
 j Containincf In itself the means of gradual improve- 
 ■* ment, as exj)erience might develope the necessity of 
 I amendment, with provision for the future enactment of 
 jj> By-Laws, the Articles of Association are to be consi- 
 i dercd rather as a general bond of union and co-opera- 
 tion among its Mei ibers, than as the detailed Rules of 
 I the Company ; distinctly tracing the grand outlines to 
 I be kept within view in all future proceedings, leaving the 
 I minutiffi of execution to be filled up by the pnrties in- 
 I trusted therewith ; and although some im|)ortunt addi- 
 A tions have at various times been ingrafted upon them, as 
 \ well in the form of amendments as in that of JJy-Laws re- 
 I gularly enacted by General Meetings of the Stockhold- 
 \ ers ; and in affairs of minor importance, in some few 
 j instances, even by the practical operations of the Com- 
 { pany, under divers Resolves of the Hoards of Direc- 
 I tors, which from notoriety liave in (•onie degree ob- 
 
 itained the effect of By-Laws ; yet the whole of these ad- 
 ditions have been adopted conformably to the intent, and 
 
 resources, without the sligiitest notice being taken of their proceedings. — 
 il ^ concussion that these Stales, ur at least some of them, will not even 
 
 make to each other ! 
 
 That, while so many good laws are in force to prevent His Majesty's 
 liege subjects from being voluntarily duped out of their property 
 by each other. Foreigners, proverbially expert in business, may be 
 permitted to establish themselves in our Cities, as agents, not only 
 of the petty Corporatiuns established in their principal towns, but al> 
 so of even the still less respectable description of the same kind of 
 bubbles, located in insignificant villages, without giving the slightest 
 degree of assurance, much less security, that their engagements either 
 ^ will or can be fulfilled I — Surely it cannoi be generally known that all 
 
 these Corporations or Companies are chartered by scores at every Session 
 of their numerous Legislatures, with limitation of responsibility to the 
 capital said to be invested ! Plow stable these capitals turn out, when seri- 
 ously investigated, may be easily ascertained by the daily perusal of 
 tl)«ir Public Prints 1 1 
 
10 
 
 t-'t 
 
 < '• i. 
 
 m 
 
 ■ '■'{>■' 
 
 iu 
 
 u fi 
 
 in the general spirit of the original Articles, with wliich 
 tliey are now finally and regularly incorporated as com- 
 ponent parts. — VVitli the exception of sonic few matters 
 of very trifling, if of any importance, that have been found 
 at variance with the stipulations of the Legislative en- 
 actment lately obtained, the only abrogation or amend- 
 ment inconsistent with the general tenor of these Arti- 
 cles, that has been made, was occasioned by the subsequent 
 unlooked-for establishment of Banks in the Province, 
 and consequent alteration thereby re(iuired in the clauses 
 respecting the custody, investment, and employment of 
 the capital ; a measure which has proved eminently ad- 
 vantageous to the Company, and saved it many thousand 
 pounds. 
 
 In March, 1826, the Act of Incorporation, so long 
 looked for, was at last obtained, and the Company ac- 
 knowledged as a Public Body, legally authorized and 
 established by Law. It is very evident that by this 
 measure the original intention of the Articles of Associa- 
 tion, as a bond of union between the Members of the 
 Company, was so far superseded ; and indeed a question 
 arose of very difficult solution, — whether all the previous 
 Private Rules of the Association were, or were not, 
 entirely annulled by the subsequent Act of Parliament : 
 at all events, if jtill retained, they could henceforth 
 only be considered as Bif-Lmcs, binding on the Corpo- 
 ration, when the portions of them repugnant to the re- 
 cent Legislative Act had been expimged, and the whole 
 revised, corrected, and confirmed anew by the Stock- 
 holders. Under these circumstances, the matter having 
 been submitted to and taken into consideration by tlie 
 General Meeting of the 24th April last, it was there 
 resolved, that these Articles of Association, as amended 
 by the several preceding General Meetings, together 
 with all tlio other rules, orders, or regulations actually 
 in force, so far as they were not contrary to Law, should 
 be confirmed and thenceforward considered as the By- 
 Laws of the Company. 
 
 As these By-Laws and Rules had swollen to some 
 
 A cor 
 titi( 
 
 I diei 
 dat 
 
 i^ 
 
11 
 
 til which 
 
 us com- 
 
 V matters 
 
 en found 
 
 ative en- 
 
 amend- 
 
 cse Arti- 
 
 bsequent 
 
 roviiice, 
 
 c clauses 
 
 ynient of 
 
 ^ntly ad- 
 
 ;housand 
 
 so lonfif 
 •any ac- 
 zed and 
 
 by this 
 Associa- 
 5 of the 
 riuestion 
 previous 
 ?re not, 
 liament : 
 [iceforth 
 
 Corpo- 
 > the re- 
 2 whole 
 
 Stock- 
 ' having" 
 
 by the 
 IS tiiere 
 mended 
 ogether 
 ictually 
 
 should 
 he By- 
 
 } some 
 
 % 
 
 h 
 
 I 
 
 considerable extent, and being moreover enacted by 
 different persons at very different periods, much repe- 
 tition and little uniformity existing", the Board represent- 
 ed to the Stockholders that it became not only expe- 
 dient, but absolutely necessary, to collect and consoli- 
 date the whole in one body, concisely and accurately 
 combined with the original Articles, expunging what 
 liad been repealed, or had by Law become invalid, 
 find inserting what had been added ; in consequence of 
 which it was resolved by the same General Meeting, 
 that a copy of all the existing Rules of the Company, 
 arranged in the form of By-Laws and ingrafted upon 
 the original articles of AssociatioUj omitting what had 
 been repealed, become obsolete, or were illegal, having 
 previously been attested as authentic by the President 
 and Secretary of the Company, should be submitted to 
 its Counsellor to correct any inaccuracies that might ap- 
 pear in their legal construction ; and when so corrected, 
 deposited, for the inspection of the Stockholders, in the 
 Comi)any's Office, for some weeks previous to the 
 General Meeting, by whom it was finally to be con- 
 sidered and confirmed, or rejected. In pursuance of this 
 Resolve, after all the preparatory measures thereby en- 
 joined had been fully complied with, the various additions, 
 amendments, and retrenchments proposed to be made 
 upon the Articles of Association, comprising the whole of 
 the existing Fundamental Rules, By-Laws, and Regula- 
 tions of the Company,were laid before the General Meet- 
 ing of 30th Nov. 1826, which had been called for that 
 special purpose by six weeks' previous notice, and by that 
 General Meeting regularly and legally confirmed and 
 established. Some additional By-Laws, (hily enacted by 
 that General Meeting, were ordered to be included, and 
 the M'hole carefully revised, corrected, translated, and 
 printed in both languages for the general information of 
 the Stockholders. 
 
 When the novelty of the undertaking, the unforeseen 
 difficulties all novel institutions are liable to, and which 
 
19 
 
 J', 
 
 ill 
 
 so very few, more particularly in this country, have final- 
 ly surmounted, the subsequent magnitude and impor- 
 tance of its transactions, and the ultimate successful re- 
 sult, are separately and collectively considered, it will 
 be admitted that these Articles of Association were 
 framed with no ordinary share of precaution, — are ad- 
 mirably well adapted to the circumstances and situa- 
 tion of the country, as well as to the character of its 
 inhabitants, — and have moreover been carried into effect 
 with a steady perseverance and scrupulous adherence to 
 the very letter of their provisions, that reflects much 
 credit on the conduct of the various Boards of Direc- 
 tors who have been successively invested with the con- 
 fidence of their co-associates. 
 
 On perusal, it will be foimd that the right of enacting, 
 altering, or repealing every Rule or By-Law of the 
 Company, however unimportant in its operation, is vested 
 entirely in the general body of Stockholders, legally as- 
 sembled in General Meetings ; and that the Directors are 
 .alone empowered to sec that these Rules are duly and 
 faithfully put into execution ; which Directors being 
 subject to be annually changed, can have no interest but 
 that of the Company they represent, and their own ac- 
 tions are moreover amenable to the investigation of fre- 
 quent General Meetings. 
 
 Such, in few words, are the leading features of the 
 Rules of this Corporation ; and while they continue to 
 govern its operations, little doubt can be entertained 
 of the result being generally favourable. 
 
 
 
 U'J 
 
 i 
 
 IH 
 
 m 
 
 .^m- 
 
have final- 
 and iinpor- 
 c'cessful re- 
 red, it will 
 atioii were 
 n, — are ad- 
 and sitiia- 
 acter of its 
 
 into effect 
 [Iliereiice to 
 iects much 
 
 of Direc- 
 th the con- 
 
 )f enacting, 
 -^aw of the 
 )n, is vested 
 legally as- 
 irectors are 
 e duly and 
 etors being 
 interest but 
 ir oAvn ac- 
 tion of fre • 
 
 ires of the 
 !ontinue to 
 entertained 
 
 AN ACT 
 
 TO INCORPORATE THE 
 
 mt'btt iFire=3[£f£iurance Companp* 
 
 (29th March, 1826.) 
 
 WHEREAS Anthony Anderson, John Ander- 
 son, Henry Atkinson, George Arnold, Peter 
 Burnet, Samuel Southby Bridge, Alexander Bade- 
 noch, Joseph Badeaux, Michel Berthelot, Amable 
 Berthelot, M. P. P. Honble. Mathew Bell, James 
 Bell, David Monroe Bell, Louis Theodore Besserer, 
 Fran9ois Bellet, Pierre Boisseau, Jean Belanger, 
 M. P. P. Heirs of James Birse, Rev. Robert Rabv 
 Burrage, Jean Olivier Brunet, Franyois Buteau, 
 James Burns, Wm. Budden, Jas. Clearihue, John 
 Clearihue, Chas. Campbell, Archd. Campbell, Thos. 
 Cary, Jos. Cary, Geo. Chapman, Senr. George 
 Chapman, Junr. Andi^ew Wm. Cochran, John 
 Greaves Clapham, John Cannon, M. P. P. Fran- 
 cis Coulson, Martin Chinic, Benjamin Corriveau, 
 Charles Eusebe Casgrain, Franyois Durette, Robert 
 Dalkin, Charles Simon Delorme, David Douglas, 
 Pierre Edouard Desbarats, Louise Desbarats, Che- 
 vallier Robert Anne D'Estimauville, Captain John 
 D'Estimauville, Amable Dionne, Michel Louis 
 Juchereau Duchesnay, Louise Fleuri de la Gorgen- 
 di^re Veuve Duchesnay, William Downs, Jean 
 Fortier, Fraii9ois Fortier, Louis Fortier, Thomas 
 Fargues, M. D. Charles Faucher, Captain Noah 
 Freer, Charles Augustus Freer, James Forbes, M. 
 D., Hammond Gowen, Benaiah Gibb, Heirs of 
 Eleanor Leitch, Pastorious Gibb, Heirs of John 
 Goudie, Thomas Graham, Frederick Glackemeyer, 
 .senr. James George, Heirs of Louis Gauvreau, 
 
 B 
 
 Preaml>I«. 
 
''l'?* 
 
 ^Hf 
 
 14 
 
 John Graves, Olivier Fleuri de la Gorgendiere, 
 Henry Grasset, M. D. Joseph Gauvin, Jean Bap- 
 tiste Grenier, John Grout, James Gibb, Gillespie, 
 Finlay & Co. William Hall, Charles Hunter, Heirs 
 of James Hunter, Louisa Howard Hart, Alie Blake 
 Hart, Moses Hart, Ezekiel Hart, James Hunt, 
 Mary Hunt, Thomas Hunt, Pierre Huot, Jean 
 Huot, William Holmes, M. D. William Hossack, 
 Robert Haddan, Alexander Haddan, William Hen- 
 derson, Gilbert Henderson, George Henderson, 
 Gordian Horan, Hughes Heney, M. P. P. Charles 
 Harvicker, Charles A. Holt, Thos. Hayes, Joseph 
 Jones, William V/illiamson Kerr, Pierre de Sales 
 Laterriere, M. D. Marc Pascal de Sales Laterriere, 
 M. P. P. Thomas Lloyd, M. D. RichardLilliot, 
 Louis Lagueux, fils, M. P. P. Louis Lagueux, 
 
 S^re, Marie Anne Lindsay, Frangois Laurant, fils, 
 ohn Lambly, Samuel William Leslie, JaquesLe- 
 blond, pere, Joseph Leblond, Henry Lemesurier, 
 Louis Massue, Heirs of Gaspard Massue, Heni*y 
 Macauley, John Macnider, Adam Lymburner Mac- 
 nider, Agnes Munn, William Miller, John Miller, 
 John Musson, Nicholas, Francois Malhiot, James 
 Lempriere Marette, Heirs of Louis Moquin, Daniel 
 Macpherson, Laughlin Thomas Macpherson, John 
 Macnaught, Joseph Morrin, Andrew M'Cambridge, 
 George Macbeath, John Mackenzie, Colin McCal- 
 lum, John Neilson, M. P. P. Duncan Campbell 
 Napier, Frederick Petry, Augustin Perrault, Turton 
 Penn, Heirs of Stewart Pcddic, William Peddie, 
 John Phillips, Phillippe Panct, Thomas Podd, Wil- 
 liam Patton, William Petry, Frim9ois Romain, p^re, 
 Fran9(«s Romain, fils, Charles Francois Roi, James 
 Ross, George Ross, William Henry Robinson, Heirs 
 of Anne Richardson, Heirs of Jean Bte. Raymond, 
 Hector Russell & Co. Ther^se Sheppard, William 
 Grut Sheppard, William Sheppard, Charles Smith, 
 George Smith, Charles Grey Stewart, Captain Thos. 
 Stott, Heirs of Thomas Stott, Junr. Heirs of Major 
 
 I 
 
 
 m 
 
 
 I 
 
rgendiere, 
 Jean Bap- 
 Gillespie, 
 ter. Heirs 
 Uie Blake 
 (les Hunt, 
 uot, Jean 
 i Hossack, 
 iam Hen- 
 lenderson, 
 P. Charles 
 js, Joseph 
 2 de Sales 
 ^aterriere, 
 ardLilliot, 
 Lagueux, 
 irant, fils, 
 aqiies Le- 
 ^mesurier, 
 ?, Heni7 
 rner Mac- 
 m Miller, 
 ot, James 
 in, Daniel 
 son, John 
 imbridge, 
 in McCal- 
 Campbell 
 It, Turton 
 n Peddie, 
 odd, Wil- 
 ain, pere, 
 yi, James 
 on, Heirs 
 laymond, 
 William 
 es Smith, 
 ain Thos. 
 of Major 
 
 # 
 
 
 ^ 
 
 15 
 
 Charles Dixie Sheckleton, Joseph Stilson, Adolphus 
 S^rony, William Stilling, Michel Sauvageau, Hon. 
 John Stewart Daniel Sutherland, Michael Scott, 
 Heirs of John Scyboldt, Marcus J. Sisson, Hon. 
 Lieut.-Col. Charle's De Salaberry, C. B. Alexan- 
 der Simpson, James Thom, Heirs of Thomas Tor- 
 rance, William Thornton, Charles Trudelle, Wil- 
 liam Thomas, Benjamin Tremain, William Henry 
 Tilstone, Philip N. Vancortlandt, Joheph Remi 
 Valliferes de St. Real, M. P. P. Pierre Vocelle, 
 Marie Susanne Voyer Veuve Vondenveldon, Heirs 
 of Thomas White, Augustin Wexler, Major Fos- 
 ter, J. Weeks, James Thomas Wilson, Thomas 
 Wilson, William Wilson, Robert Wood and Jos- 
 hua Whitney, associated as a Company, under the 
 name and style of '^ The Quebec Fire Assurance 
 Company,'* have, by their humble Petition present- 
 ed to the Legislature of this Province, prayed for 
 an Act of Incorporation, for the purpose of insur- 
 ing against losses by Fire : and whereas, the said 
 Association has been established in the city of Que- 
 bec, and carrying on their said business of insuring 
 agdinst losses by Fire there and elsewhere, for 
 nearly eight years last past, and has become of great 
 public utility and advantage, and materially contri- 
 buted to the security and relief of individuals and 
 of the public, by greatly reducing the rates of pre- 
 mium formerly paid, by prompt and equitable 
 adjustment and reimbursement of heavy losses 
 when sustained, and by affording easier and more 
 efficacious means of relief against the calamitous 
 consequences of fires, than have hitherto existed 
 in this part of His Majesty's Dominions ; and 
 whereas the said Petitioners have represented that 
 the capital stock of their said Association subscri- 
 bed, and to be subscribed, is limited to the sum 
 of two hundred and fifty thousand pounds, divided 
 into two thousand five hundred shares of one hun- 
 dred pounds each : Be it therefore enacted by the 
 
 B2 
 
iMl 
 
 M: 
 
 I 
 
 •i! 
 
 r 
 
 f' 
 
 4| 
 
 ■ * 
 5 ! l 
 
 !! H 
 
 r^'^ 
 
 to 
 
 King's Most Excellent Majesty, by and with the 
 advice and consent of the Legislative Council and 
 Assembly of the Province of Lower Canada, consti- 
 tuted and assembled by virtue of and under the 
 authority of an Act passe<l in the Parliament of 
 Great Britain, intituled, '' An Act to repeal certain 
 parts of an Act passed in the 14th year of His 
 Majesty's Reign, intituled, " An Act for maJdng 
 more effectual provision for the Government of the 
 Province of Quebec in North America," and to make 
 further provision for the Government of the said 
 Province. And it is hereby enacted by the autho- 
 rity of the same, that the several persons herein- 
 above named. Stockholders of the said Associa- 
 
 Eifr°?f* **^" ^^* Co"^P^'^yj their several and respective 
 ihr' QiKbec Successors or Assigns, shall be and they are hereby 
 <-omSa'i.y" crcatcd, constituted and declared to be a corporation 
 be a^Bod/'* ^^^y politic and corporate, in fact and in name, 
 poiitio and by the name and style of " The Quebec Fire- 
 sorporate. j^ggm-^jj^g Company," and as such shall continue 
 and have succession until the first day of May, 
 which will be in the year of our Lord one thousand 
 eight hundred and sixty-five, unless this Act shall 
 be in the meantime repealed by the Legislature, 
 and by that name, they and their successors or 
 assigns shall have continual succession, and shall 
 be in Law capable of suing or being sued, pleading 
 or being impleaded, defending and being defend- 
 ed, answering and being answered unto, in all 
 Courts of Judicature in all manner of actions, 
 suits, complaints, matters and causes whatsoever, 
 and also of contracting and being contracted with, 
 relative to the funds of the said Corporation, and 
 the business and purposes for which it is hereby 
 created, as hereinafter declared, and may make, 
 tion^'may' cstabllsh, aud put into execution, alter or repeal 
 make By- such by-laws, rulcs, ordinances and regulations, 
 the same not being contrary to the Constitution 
 and Laws of this Province, or to the provisions of 
 
 laws, Rules, 
 Ac. 
 
 1 
 
 
 •1 
 
 
 I 
 
d with the 
 !^ouncii and 
 ida, constU 
 
 under the 
 liament of 
 )eal certain 
 ar of His 
 for making 
 ment of the 
 nd to make 
 )f the said 
 
 the autha- 
 ►ns herein- 
 i Associa- 
 
 respective 
 are hereby 
 corporation 
 
 in nanie^ 
 ebec Fire- 
 II continue 
 ly of May, 
 e thousand 
 i Act shall 
 legislature, 
 ccessors or 
 , and shall 
 1, pleading 
 ng defend- 
 ito, in all 
 ►f actions, 
 diatsoever, 
 icted V'ith, 
 •ation, and 
 
 is hereby 
 nay make, 
 ■ or repeal 
 egulations, 
 institution 
 ovisions of 
 
 
 rorpora* 
 tion may 
 purchase 
 nixl li»l'.l 
 real Hsuts* 
 
 Provi«(i — 
 siich real 
 Real lvst!»(e 
 not If) ex- 
 ff-ed (he v;i. 
 lue of £\0, 
 
 renci. 
 
 17 
 
 this Act, as may appear to them necessary or ex- 
 pedient for the management of the business of the 
 said Company, and may have a common Seal, and 
 may change and alter the same at their pleasure. 
 
 II. And he it further enacted by the authority 
 aforesaid, that it shall and may he lawful for the 
 said Corporation to purchase and hold such and 
 so much real estate, as shall be necessary for their 
 convenient accommodation in the transaction of 
 their husincss, and to sell, alienate and dispose of 
 the same and other Estate, if need he, to acquire 
 for the purpose aforesaid ; provided that such real 
 Estate sliall not, at any time, exceed the value of 
 ten thousand pounds currency ; and also to take and 
 hold any real Estate or securities bond fide, mort- 
 gaged or pledged to the said Corporation, either to 
 secure the payment of the share of the Capital 
 Stock thereof, or to secure the payment of any debt 
 which may be contracted with the said Corporation, 
 and also to proceed on the said mortgages or other 
 securities for the recovery of the monies thereby se- 
 cured, either at Law or in Equity, or otherwise, in 
 the same manner as any other mortgagee is or shall 
 be authorised to do ; provided always that it shall 
 not be lawful for the said Corporation to deal or use, 
 or emj)Ioy any part of the stock, funds or monies 
 thereof, in buying or selling any goods, wares and 
 merchandises or in traffic, trade or commerce of 
 any kind, otherwise than herein-before specified and 
 permitted. 
 
 III. And for the better security of the public, 
 be it further enacted, by the authority aforesaid, corporation 
 that it shall and may be lawful for the Governor, S,"i"ii3ts 
 Lieutenant-Governor or Person administering the ofthenames 
 Government of this Province for the time being, or holders^ * 
 for any or either branch of the Provincial Parlia- 
 ment, from time to time, to require from the Pre- 
 
 B3 
 
 May hold 
 mortiratre.J 
 aj a:Klitiori- 
 al security. 
 
 and may 
 purchase 
 public iitOCiC 
 
 rroviso. 
 
V 
 
 * 
 
 !! 
 
 i 1 
 
 1 
 
 18 
 
 sident, Vice-President and Directors of the sard 
 Corporation, Lists of the names of all and each 
 of the Stockholders who hold shares in the stock of 
 the said Corporation, which Lists the said Presi- 
 dent, Vice-President and Directors shall be bound 
 to furnish when required as aforesaid, upon oath. 
 
 IV. And be it further enacted by the authority 
 "'* RiVhts aforesaid, that nothing herein-contained shall affect 
 reie.*ert. or bc coustrucd. to affcct, in any manner or way, 
 
 the rights of His Majesty, His Heirs or Successors, 
 or of any person or persons, or of any Body Politic 
 or Corporate, such only excepted as are herein- 
 mentioned. 
 
 V. And be it further enacted by the authority 
 Public Act. aforesaid, that this Act shall be deemed a public 
 
 Act ; and shall be judicially taken notice of as such 
 by all Judges, Justices of the Peace, and other 
 persons whatsoever, without being specially 
 pleaded. 
 
 i 
 
 ■s'V 
 
 -1^ 
 
 
 I 
 
' the said 
 and each 
 le stock of 
 said Presi- 
 be bound 
 on oath. 
 
 authority 
 shall affect 
 r or way, 
 successors, 
 xly Politic 
 re herein- 
 
 authority 
 
 a public 
 
 of as such 
 
 and other 
 
 specially 
 
 9$tf=ftai0£; 
 
 i 
 
 Pfeambltt- 
 
 i 
 
 Stjile. 
 
 to ALL TO WHOM THESE PRESENTS 
 SHALL OR MAY COME. 
 
 fftnOb) all 0lm by this PubHc Instm- 
 ftient and Indenture, that we the Subscribers here- 
 unto, have entered into, and formed an association 
 of limited extent, and in manner and form herein- 
 after more particularly described, for the sole and 
 only intent and purpose of Insuring against Acci- 
 dents by FIRE, in our corporate and collective capa- 
 city, AND UNDER THE GUARANTEE OF THE JOINT 
 
 STOCK HEREUNTO SUBSCRIBED^ ONLY ', by and in the 
 name, firm, or style of the 
 
 And we do hereby mutually, individually and 
 jointly covenant, declare and agree that the follow- i>««'Urttiou 
 ing articles, to which we have hereunto subscribed, 
 are, and shall be, the fundamental terms and con- 
 ditions of this our mutual agreement, and associa- 
 tion, for the purpose aforesaid ; by which we the 
 Subscribers, our Assigns, Heirs, Executors and Ad- 
 ministrators (beitig at any time or times hereafter 
 Stockholders in the said Company,) as well as all 
 and every other person or persons, who at any time 
 or times hereafter may or shall enter into, contract, 
 or transact any business, affairs, or concerns either 
 directly or indirectly with the said Company, are 
 and shall be regulated and bound to conform to, ia 
 all respects and particulai's whatsoever. 
 
 ARTICLE FIRST. 
 
 § 1. It is hereby provided and mutually coven- 
 anted and agreed that, the JOINT STOCK aforesaid 
 of the QUEBEC FIRE- ASSURANCE COMPANY 
 
I^i 
 
 ' 1 
 
 
 f: 
 
 i 
 
 Capital 
 
 8tock 
 
 i?950,000. 
 
 Ma; SDhse 
 quentl>' ac 
 quire not 
 exceeding 
 
 20 
 
 shall not exceed the sum of TWO HUNDRED AND 
 FirrV THOUSAND POUNDS current money of 
 this Province ; divided into Tivo Tliousand Five 
 ssoosiiarw jfundveU Shares of One Hundred Pounds each. 
 
 dClOU each. 
 
 § 2. And from and after the day of the date hereof 
 Limitation uutil the pcriod wlien Two thousand shares in tlic 
 bl*heid"bj said Stock has been subscribed for and taken up, 
 suSctVbett ""y person, or persons, may subscribe for, liold, 
 Ten. Imxe and enjoy any and so many sliare or shares, not 
 in all exceeding Ten, as he, she, or they shall think 
 fit — subsequently to such said period the same may, 
 (by acquisition from other Stockholders,) be in- 
 creased to Twenty-five shares. — But no person or 
 iwent>^fl*e. persous, Body Politic or Corporate, shall at any time 
 hereafter be permitted to hold, possess or enjoy 
 more than Twenty-Jive shares in the Capital Joint 
 Stock of the said Company, whether the same may 
 or shall be acquired by subscription, purchase, do- 
 nation or otherwise, excepting only in the case of 
 legacy or of inheritance by Heirs at Law of deceased 
 fica»e dated Stockholdcrs : and also such persons as shall have ac- 
 
 on or before 
 
 soiii Novr. quired and held shares in the Conq)any's Joint Stock, 
 ^'^'^ by certificates of Proprietorship duly granted and 
 bearing date on or before the Twenty-ninth day of 
 November One thousand eight hundred and twenty- 
 six. Provided however that no person or persons, 
 fxeJds'n"/* not exercising their rights, married women having 
 iheir rights, ^q separate property and sous puissance de Mari. 
 
 Incapable of j. K * *^ "^ • 4. i ^ .^i i • i_x !• 
 
 holding and mmors non-emancipated, can either by right ot 
 purchase, inheritance or otherwise, become Stock- 
 holders of this Company ; but the Guardians, Cu- 
 rators, Tutors, or other legally authorized represen- 
 tatives of such person or persons so as aforesaid, not 
 exercising their rights, may in the case of inheri- 
 tance be permitted to receive any dividend or divi- 
 dends, accruing upon the stock so inherited, upon 
 granting and lodging with the said Company suffici- 
 ent and approved security for the fulfilment of the 
 
 Excepting 
 hy Inheri- 
 tance and 
 under certi 
 
 Stock. 
 
 Proviso. 
 
 Rule 
 espec 
 I'any 
 
 I § 
 i^thin^ 
 
 I Trai 
 
 i 
 
 I 
 
 III : 
 
91 
 
 RED AND 
 
 money of 
 isand Five 
 Is each, 
 
 (late hereof 
 
 iires in the 
 taken up, 
 for, hold, 
 
 hares, not 
 ^huU thhik 
 
 same may, 
 s,) be in- 
 
 person or 
 it any thne 
 ^ or enjoy 
 ipital Joint 
 
 same may 
 ^cliase, do- 
 ;hc case of 
 jf deceased 
 ill have ac- 
 oint Stock, 
 •anted and 
 nth (hiy of 
 id twenty- 
 >r person'^s, 
 en having 
 
 de Mari, 
 t>y right of 
 nie Stock- 
 lians, Cii- 
 represen- 
 t'esaid, not 
 of inheri- 
 i or divi- 
 ted, upon 
 jy suffici- 
 nt of the 
 
 %ules and Regulations of said Company, and more 
 especially for the payment of installments, should 
 t'any be demanded. 
 
 i § 3. Provided however and nevertheless, any 
 ithing to the anitrarif herein notwithstanding, that no IJ""!"* 
 
 iTransfei' or Transfers, assignment or assignments, jJ'^J^^,,^, 
 of any share or shares in the capital stock of this df DiKcton 
 ifCompany, shall be made or pretended to be made, 
 or in any manner or way whatever become valid, le- 
 gal or effectual, or confer any right, privilege or in- 
 ^terestin the said Company, until the same shall 
 J have been approved of, agreed to, and permitted 
 by a Resolve of a legal Meeting of Directors, and 
 subsequently regularly entered in the Register of 
 the proceedings of the Board of Directors, and 
 therein duly attested by the Secretary of the said 
 
 ^ Company, or his substitute, for the time being. — 
 And in all cases where Transfers of Stock shall be "rrthSi"b* 
 so as aforesaid permitted to be made, the party so "'"'•• 
 Transfering shall return his, her or their Certificate 
 
 ii| of Stock, into the hands of the Company, duly en- 
 dorsed in favor of the Transferee, who shall there- 
 
 ■^ upon sign the Rules and Regulations of the Compa- 
 ny, and shall moreover lodge with the Company a 
 good and approvedly endorsed note of hand, agree- 
 ably to the stipulations and conditions of the Ele- 
 venth Article of this Act, which when approved of 
 and accepted as aforesaid, shall be held to cancel the 
 note of hand of the party so transferring ; and pro- 
 vided also that the Transferee, having so as afore- 
 said complied with the Rules of the Company, shall 
 thereupon take out a new certificate of stock» which 
 shall be duly Registered by the Secretary of the Ana Regit* 
 said Company or his substitute for the time being, *"**• 
 in a Book appropriated for that special purpose. 
 
 i ARTICLE SECOND. 
 
 § 1. And it is hereby further covenanted and 
 agreed that, the shares in the Joint Stock aforesaid 
 
f 
 
 k{ 
 
 f 
 
 of the said Company, shall be, and the same arc 
 hereby vested in the several persons, Bodies Politic 
 or Cor|)oratc, whose name or names, iirni or firm , 
 style or styles are hereunto subscribed, and in their 
 several and respective heirs and assign r^ (having 
 legal succession in virtue of this act) pioportionally 
 to the sum or sums which they and each of them 
 may or shall subscribe ; and such Stockholders 
 (having conformed to the stipulations of this act) 
 shall severally and respectively be entitled to receive 
 from and after the period when the said Compmy 
 shall have been actually established and in opcnition, 
 Sm2m'" the entire and net distribution of one proportion;' 
 Sen'rio?'**' P*^*'* ^^ share of, and in the profit and i)dvunt;i»^e that 
 proiti. shall or may therefrom arise and accrue, uud so in 
 proportion for any greater number uf shares whicli 
 each and every such Stockholder or Stockholders 
 may hold and own. 
 
 And vote at 
 
 Geoeral 
 
 Meetiiigi. 
 
 In person 
 «r bj prozji 
 
 Fractional 
 parts or 
 •hares entl* 
 tied to 00 
 privileges 
 or votes. 
 
 § 2. And such Stockholder or StockhoUlers shall 
 have votes proportionally and according to the num- 
 ber of shares which, he, she or they are possessed of 
 and hold in the said Company (one vote for each 
 share and no more,) at each and every General 
 Meeting of Stockholders, to be called and held as 
 hereinafter appointed (such Stockholder or Stock- 
 holders having legallv acquired and held their said 
 shares, agreeably to the stipulations of this act, for 
 at least Three Calendar Months preceding the date 
 of such General Meeting) ; which vote or votes may 
 be given either in person, or by proxy appointed by 
 writing. Provided, that no person or persons shall 
 vote as proxy or proxies, unless lie, she < r they be a 
 Stockholder or Stockholders 'n\ r;.e said company, 
 and otherwise entitled to vote on their own behalf ; 
 and provided also, that any fractional part or parts 
 of any share or shares shall not entitle any person 
 or persons to vote either in person or by proxy, or 
 render any person or persons eligible to hold any 
 
 § 
 
^s 
 
 le same arc 
 
 odics Politic 
 
 rm or firm , 
 
 and in their 
 
 iTi (having 
 
 ■oportionally 
 
 [icli of them 
 
 Jtock holders 
 
 of this act) 
 
 ;d to receive 
 
 d Coni|):ii y 
 
 nopcriition, 
 
 proportion;' 
 
 vuiit.if^o that 
 
 I, uud so ill 
 
 lares whirli 
 
 Stockholders 
 
 oUlers shall 
 to the num- 
 possessed of 
 ote for each 
 ery General 
 md held as 
 I* or Stock- 
 Id their said 
 this act, for 
 ng the date 
 >r votes may 
 ppointed by 
 ersons shall 
 )r they be a 
 i Company, 
 wn behalf ; 
 irt or parts 
 my person 
 y proxy, or 
 > hold any 
 
 office or situation of trust or emolument in or imdcr 
 ||ie said Company. iVovided also that no person or 
 
 ri*sons, JJody Politic or ('orporate, being Stock - 
 Iders for the time being of this Company, shall i,"'JJ'*o,j,p 
 be entitled to moro than Twothf-fire Fates, although 'mined i« 
 ftc shares, he, she or they may bold in the Joint Kteil " 
 Itock aforesaid may exceed that number, 
 
 ARTICLE THIRD. 
 
 § 1. And it is hereby further covenanted and 
 f^-reed, that to direct and superintend the (leneral 
 j^ilairs, Business and Concerns of the said Company, 
 it'ifteen persons, for the time being, StnchlwlUers, ^^^ , 
 each and every of them of at least Ten Shares in ti«MrT^*w 
 the Capital Joint Stock aforesaid of the said Com- l\TuT,t 
 pany, and being subjects of His Majesty, resident*"'*' 
 ill the City or Oistriet of Quebec, shall be chosen ^^^^^ 
 and become DlRJiCTOKS at the time and times, and licauon."" * 
 In the manner and form as hereinafter it is provided 
 lind stipulated. 
 
 § 2. And it is hereby further provided, covenant- 
 ed and agreed upon, that John Macnider, Charles ^^^^^^^ 
 Hunter, John Neilson, Jacques Leblonil, Senior, «•'«' ""toi- 
 Joseph Planted, Doctor Franc^ois Blanchette, Senior, 
 Franc^ois llomain, Senior, John fFhitt Charles 
 Smith, John Thompson, Francois Languedoc, Tho-^ 
 mas White, George Vanfelson, Francois Durette 
 and James Itoss, are hereby declared to be, in 
 virtue of this Act, the First Directors of and for the 
 said Quebec Fire-Assurance Company : And shall 
 for the purpose aforesaid, remain, continue and act 
 as Directors aforesaid for the period hereinafter 
 mentioned and limited ; that is to say, on the first 
 Monday in the month oi 3Iay, which will be in the 
 year of our \jovd one thousand eight hundred and ^^^^ ^^^ 
 nineteen, Five of the said first before named Direc- first Direc- 
 tors s^all retire from their said situation of Directors Se"" *" 
 by Ballot amongst themselves ; when and on which 
 
^mKm 
 
 m 
 
 I 
 
 [i. 
 
 Mode of 
 Election. 
 
 :| 
 
 24 
 
 day (two weeks previous notice having been given in 
 puc«d"7"* the French and English languages, in one or more 
 of the Newspapers printed and published at Quebec,) 
 Five persons duly qualified as aforesaid, (to replace 
 the Directors so as aforesaid retiring) shall be elect- 
 ed by the Stockholders of the said Company, for the 
 time being, entitled to vote, voting by Ballot, and 
 according to the number of shares they may respec- 
 tively hold, as hereinbefore it is provided with res- 
 pect to voting at General Meetings ; which Ballots 
 shall be deposited in the Bal lot-Box, at the Compa- 
 ny's oftice in the City of Quebec, between the hours 
 of Ten in the forenoon and One in the afternoon, on 
 the dav of the Election ; at which hour of one o'clock 
 in the afternoon of the day of Election, the said 
 Ballot-Box shall be open and the Ballots therein 
 contained verified and numbered in the presence of 
 such Directors or other Stockholders as may then be 
 present, not being fewer than three ; and the five 
 persons (duly qualified to be chosen Directors as 
 aforesaid) that shall, by such Ballots, be found to 
 have the greatest number of votes, shall forthwith 
 be declared duly elected Directors for the said 
 Company. — And Five of the remaining first before 
 named Directors, shall, on the first Monday in May 
 of the ensuing year, in like manner retire by Ballot, 
 and be replaced by an election of Five other Stock- 
 holders duly qualified, and in mannei* and form 
 aforesaid. And on the First Monday in May in the 
 Fatore Di- third vcar the remaining five first before named 
 
 rectors to • ^ 
 
 retire 5 an- Dlrectors shall retire, and be replaced by an Elec- 
 Moiday" 'of tion of fivc othcv Stockholders, duly qualified and 
 St^ *^ ^" manner and form aforesaid. — And the Directors 
 so to be chosen and elected in the place of the first 
 before named Directors, shall on thajirst Monday 
 in May, annually retire, five at a time, and by and 
 according to seniority of service, and be replaced 
 by other Stockholders, duly qualified, and in man- 
 ner and form aforesaid, — Provided however, that 
 
 
25 
 
 ti 
 
 5 
 
 ots 
 
 een given in 
 
 )nL or more 
 
 at Quebec,) 
 
 (to replace 
 
 ill be elect- 
 
 ny, for the 
 
 Ballot, and 
 
 nay respec- 
 
 dwith res- 
 
 icli Ballots 
 
 he Compa- 
 
 n the hours 
 
 'ternoon, on 
 
 one o'clock 
 
 the said 
 
 therein 
 
 presence of 
 
 may then be 
 
 and the five 
 
 directors as 
 
 be found to 
 
 ill forthwith 
 
 "or the said 
 
 : first before 
 
 [iday in May 
 
 •e by Ballot, 
 
 )ther Stock- 
 
 r and form 
 
 I May in the 
 
 ;fore named 
 
 by an Elec- 
 
 ualified and 
 
 le Directors 
 
 ; of the first 
 
 ■rst Monday 
 
 and by and 
 
 be replaced 
 
 nd in nian- 
 
 vever, that 
 
 inothing in this Act contained shall be so construed 
 as to prevent any Director so as aforesaid retiring by 
 jBeniority of service from being re-elected, if duly 
 qualified as aforesaid. — Provided, that no person or 
 persons so elected as Director or Directors as afore- 
 said, shall or may continue to hold or exercise 
 such office or situation of Director for any longer 
 time or times than he or they remain and continue 
 duly qualified and competent, according to the stipu- 
 lations of this Act : Provided also, that any Director 
 or Directors refusing, neglecting or delaying to sign 
 any document or documents, writing or writings, 
 requiring the signature or signatures of a Director 
 or Directors, agreeably to the stipulations of this 
 Act, when duly required so to sign, or refusing, 
 neglecting or delaying to attend any meeting or 
 meetings of the Board of Directors, for three or 
 more times successively, without giving notice to 
 the Chairman of said Board, for the time being, of 
 the reason of such non-attendance, shall (having 
 been duly notified to attend such meetings, and not 
 being absent from Quebec, or confined by sickness) 
 in either of the above-mentioned cases, be held and 
 considered as having resigned his or their said situ- 
 ation and officeof Directors. — And in the event of 
 any vacancy in the legal number of Directors, for the 
 time being, by death, absence, sickness, inability, 
 disqualification or otherwise, the same shall, within 
 three weeks from the period the said vacancy shall 
 be reported to the Board of Directors, or as soon 
 thereafter as possible, be filled up by a new election 
 in manner and form aforesaid. Provided also, and 
 nevertheless, that no Director or Directors so as 
 aforesaid elected to fill up casual vacancies, shall 
 serve for any longer period (in virtue of such 
 casual election, than that which shall or may remain 
 unexpired of tlie time for which their predecessors 
 in office were originally elected. 
 
 C 
 
 Ma) here* 
 elected. 
 
 To refire 
 when (lis- 
 qualtfieU. 
 
 Or for neg- 
 lect of duty. 
 
 Casnal f a« 
 cancles (o 
 be filled up 
 in three 
 weekt. 
 
 Casnn? va. 
 cancies in 
 board not to 
 affect senio* 
 rity of re- 
 niaining di> 
 rectori. 
 
 Hi? 
 
U„ ) 
 
 '. ■!« 
 
 '■ I 
 
 26 
 
 v^e^pS- § ^' ^"^ ** *^ hereby further provided, that the 
 denf 'and said Directors, for the time being, shall annually, 
 SiOT"n""bj at their first meeting, after the general election on 
 SllaSi"' ^^^ ^^*^* Monday in May, and they are hereby 
 authorized and empowered to elect, nominate and 
 appoint, out of their own number, a President, Vice- 
 President and Treasurer ; who shall also be the 
 ?;ce'Xs"! PRESIDENT, VICE-PRESIDENT and TREA- 
 Dirictoi * SURER of the Company, for the time being ; and 
 i»ith secre- 2iny five members of the said fifteen Directors, in- 
 *fum!*^"°' eluding their President (or in his absence the Vice- 
 President) as Chairman, shall, together with the 
 Secretary of the said Company or his deputy, for the 
 time being, form a legal Quorumov Board for the dis- 
 patch of business ; and eveiy question, motion, mea- 
 sure, matter or thing proposed or submitted in the 
 said meeting or Board of Directors, shall be decided 
 by the majority of votes present ; no member shall 
 oo?''fote"' ^^ve more than one vote in said meeting of Direct- 
 each, ors, excepting the Chairman,who in case of division 
 of equal numbers shall have the casting vote, that is 
 *^io™ote' *^ ^^y> ^ double vote : Provided that the said Secre- 
 caetogvote. ^^^^^ ^^ j^.^ dcputy as aforcsaid, shall not have any 
 
 Secretary, vote in any meeting of Directors as aforesaid, but he 
 no vote, shall nevertheless be permitted to have a delibera- 
 tive voice, on matters touching the daily and ordi- 
 nary transactions of the Company under his charge, 
 and on measures by him submitted to the considera- 
 tion of such meeting or Board of Directors : — Pro- 
 Mert^ne^^ofvided also, that no meeting of Directors shall be 
 howMiied. legal, unless the same shall have been called by order 
 ot the Chairman, for the time being, by a written no- 
 tice signed by the Secretary of said Company or his 
 deputy, for the time being, stating the principal ob- 
 ject or matter to be submitted to such meeting, and 
 directed to each of the said Directors present in Que- 
 bec, for the time being. 
 
 Director of § 4, And it is hereby further provided, that a 
 
 i 
 
that the 
 nnually, 
 jction on 
 hereby 
 nate and 
 nt. Vice- 
 be the 
 TREA- 
 ng ; and 
 ors, in- 
 le Vice- 
 with the 
 y, for the 
 •rthedis- 
 on, niea- 
 d in the 
 2 decided 
 iber shall 
 f Direct- 
 f division 
 te, that is 
 lid Secre- 
 have any 
 id, but he 
 delibera- 
 and ordi- 
 s charge, 
 9nsidera- 
 5 : — Pro- 
 shall be 
 1 by order 
 •itten no- 
 ny or his 
 cipal ob- 
 ing, and 
 t in Que- 
 
 1^ that a I 
 
 I 
 
 7 
 
 Director for the loeek, shall be appointed, in turn JJf^ •*^: 
 
 and according to seniority of service, who shall, pointed. 
 
 'during his week of special siiperintendance, attend 
 
 at the Company's Office to see that the business and 
 
 affairs thereof are duly and properly conducted ; his duty.Ac 
 
 and the name of said Director of the week, shall be 
 
 inserted in one or more of the Newspapers printed 
 
 and published at Quebec : Provided however that P'owso. 
 
 the President, Vice-President, and Treasurer, for 
 
 the time being, shall be exempted from said duty of 
 
 Director of the week. 
 
 ii^ 
 
 § 5. And it is hereby further provided, that no Directof«io 
 Director or Directors shall be entitled to demand, ««"«e'»"»- 
 or receive for his services in the said Company, any 
 salary or emolument whatever, excepting the Trea- Treasorer 
 surer of the said Company, for the time being, who who may 
 maybe allowed a reasonable compensation for his celit^ge ""on 
 services and responsibility in that capacity, not ex- "'=«'*?'»• 
 ceeding half per centum on the amount of monies 
 belonging to the Company, by him received on ac- 
 count thereof, and being in his charge. 
 
 ARTICLE FOURTH. 
 
 §. 1. And it is hereby further covenanted and 
 agreed, that the Directors of the said Company, or 
 Quorum thereof as aforesaid, for the time being, be- 
 ing duly assembled at the office of the said Company, 
 in manner aforesaid, shall have full power and au- 
 thority to make, ordain, and enact, all and every, 
 and so many By-Laws, Rules, Orders and Regula- 
 tions, not being repugnant to the Statutes, customs 
 or Laws of this Province, or to the express stipula- 
 tions of this Act, (as amended by the General Meet- 
 ing held at the Company's Office on the thirtieth 
 day of November, one thousand eight hundred and 
 twenty-six,) as by the said Directors, or any Quorum 
 thereof as aforesaid, shall be judged necessary and 
 
 expedient \ as well for the direction, conduct and 
 
 c 2 
 
 B J- Laws, 
 
 Ac. to bs 
 made h> Di« 
 reclors. 
 
 Nothing 
 contrary (o 
 Law or to 
 stipulations 
 ofthis AcU 
 
28 
 
 .';ii 
 
 !i! 
 
 com^aJ*''"^ well governing of the said Company, its officers and 
 
 ii8 »ervait8 servattts, as of the property and estate by the said 
 
 aad Estate. QQ^jp^j^y jj^ld ; aud the same to revoke, alter and 
 
 amend, as in their opinions will more ej0fectually 
 
 promote the purposes of this Association. 
 
 Proviso, not ft 2. Providcd alvvavs, that no such By-Law or 
 feet till coil- By-Laws, Rule or Rules, Order or Orders, Regu- 
 Sckhoid-^ lation or Regulations, so as aforesaid to be made 
 *"• by the said Directoi*s, or any Repeal, Revokation, 
 
 Alteration or Amendment thereof as aforesaid, shall 
 have any force or eftect, or be repealed or revoked, 
 until the same shall have been duly sanctioned and 
 confirmed by a n^ajority of votes at a General 
 Meeting of the Stockholders of the said Company, 
 legally called, assembled and held, and voting ac- 
 cording to shares, as it is in this Act stipulated and 
 And Regis, ordaiucd ; and until the same shall thereafter have 
 been duly registered in the book of the By-Laws of 
 the said Company. 
 
 !o affect' en* § 3. Provldcd also, that all By-Laws, Rules, 
 pageinentB Ordcrs aud Reffulations of the said Companv, which 
 will, iudivi. shall exist at the tmie oi entermg mto any contract 
 or agreement with any person or persons, in their 
 private mid individual cnpacity, being a member or 
 members of said Company, or with any other person 
 or persons individually or collectively, not being a 
 member or members of said Company, shall in 
 respect of such person or persons be considered as 
 the only By-Laws, Rules, Orders and Regulations 
 of the said Company, until such contract or agree- 
 ment shall have been utterly accomplished or 
 otherwise legally discharged, any subsequent By- 
 Law, Rule, Order or Regulation of said Company to 
 the contrary notwithstanding. 
 
 ARTICLE FIFTH. 
 
 § 1. And it is hereby further covenanted and 
 agreed, that the Directors for the time being as 
 
 duals, 
 
 or 
 
 ■'■> 
 
 1 
 
29 
 
 officers and 
 
 )y the said 
 
 , alter and 
 
 effectually 
 
 By-Law or 
 lers, Regu- 
 
 o be made 
 Icvokation, 
 •esaid, shall 
 or revoked, 
 ctioned and 
 
 a General 
 I Company, 
 1 voting ac- 
 pulated and 
 reafter have 
 By-Laws of 
 
 tws. Rules, 
 )any, which 
 ny contract 
 ns, in their 
 member or 
 •ther person 
 not being a 
 y, shall in 
 •nsidered as 
 Regulations 
 t or agree- 
 iiplished or 
 equent By- 
 'ompany to 
 
 lanted and 
 e being as 
 
 ■>.!k 
 
 Aecoaots ot 
 Receipts Ac. 
 pavmentt to 
 be kept. 
 
 Annually 
 made up (o 
 3l!it March, 
 ami Hubmit* 
 ted to Geuc" 
 ral Meeting, 
 last Mou- 
 daj of Apr)] 
 
 
 aforesaid, shall cause to be kept, by the officers 
 or servants of the Company therewith charged 
 'and intrusted, just, true and fair accounts of all 
 Deposits, Instalments, Premiums, Rents, Interests, 
 Dividends, or other monies or effects received by 
 them or either of them, or their assigns, from the 
 aforesaid Stockholders, and from all other persons, 
 for and on account of and appertaining to said 
 Company ; and also of all monies by them or their 
 assigns paid or expended for and on account of the 
 said Company ; of which receipts and payments 
 the said Directors shall on the last Monday in the 
 month of April, annually, submit a clear and cor- 
 rect statement or statements (made up and closed 
 to the last day of March preceding) to a General 
 Meeting of the Stockholders, duly called and as- 
 sembled for that purpose. — Which statement or 
 statements shall be, by such General Meeting, re- 
 ferred to a special Committee of Audit (the members 
 of which Committee to be Stockholders of the said 
 Company, not being Directors or Officers thereof) 
 
 * with instruction to report thereon to the next annual 
 General Meeting, or previously if they shall so see 
 fit ; and the said Committee of Audit or any three 
 of them being assembled at the Company's Office, 
 shall have full power and authority to call for, and 
 examine all the Books, Papers, Accounts, Vouch- 
 ers or other Documents therein contained, and in 
 
 , any way appertaining to said Company, which the 
 said Secretary or his deputy, for the time being, is 
 hereby authorized and enjoined to produce when 
 so as aforesaid called for or required by the said 
 Committee of Audit. 
 
 § 2. And they the said Directors shall also keep 
 or cause to be kept, just, true and fair accounts of 
 all and every the profits and advantages arising from 
 or accruing to the said Company ; and shall on ded"e""di- 
 every the last Monday in April and October, ssemi-un- ***''''"^'' '**' 
 
 And refer • 
 red (o a 
 ComiDittee 
 of Audit. 
 
 To report 
 to fiiiure 
 (leneral 
 Meetiug. 
 
 <'ommi»fe« 
 to call for 
 BookH, &c. 
 
 From secre* 
 tarj;. 
 
 C i 
 
 uui>auauallj' 
 
30 
 
 i ^i! 
 
 lift 
 
 mially, make, declare and pay a half-yearly Dividend 
 of the clear profits and income of the said Company 
 (or of such portion thereof as shall or may have 
 been agreed upon by the last preceding General 
 Meeting) among the Stockholders thereof, all con- 
 tingent costs, charges, exi)ences and losses incur- 
 red or expectant, being first deducted ; and shall 
 To notify notify to the Stockholders, the time and place, ap- 
 JJiace "'of pointed by the Regulations of the Company, when 
 payment, j^^^ wlicrc payment of such dividends are to be made , 
 
 ARTICLE SIXTH. 
 
 Secre(arj. 
 
 § 1. And it is hereby further covenanted and 
 agreed, that the said first named Directors, or any 
 majority of them, being duly assembled at such 
 place as may be by the President, for the time being 
 appointed, are hereby authorized and empowered, 
 Must be and shall, IVom among the Stockholders of the said 
 be^'choseo Couipany, duly qualified to be chosen Directors as 
 Director, iiej-pin-before it is provided, chose, elect or other- 
 How ap- wise, by a majority of v >tes, appoint a SECRETARY 
 poii.tt'd. ^^^. ^j^^ g.^.^| Fire-Assurance Company, who shall, 
 
 under the immediate direction and controul of the 
 
 Board of Directors, be the Chief Executive Officer 
 
 of the said Company ; and he the said Secretary 
 
 shall, if he may so see fit, retain his said situation 
 
 SJ?* 'Vor ^^ office during life, unless he shall be displaced 
 
 Al"°b''"a' ^*^^ disqualification, incapacity or misconduct in 
 
 majnritji of his Said situation or office, by the unanimous suf- 
 
 Director!,, f^^^^ ^^^^ votcs of, at tlic Icast, Tcu Dircctors, for the 
 
 time being, the whole number of the Board lH^ving 
 
 been duly called and assembled by the President, 
 
 for the time being, for that express purpose. 
 
 ^'"*/?n^,*. 5 2. And the said Secretary shall, on cnterinar 
 stcurii;. into his said situation or office, find and providesuch 
 good and sufficient security for the faithful perform- 
 ance of the duties of his said office, in the sum of 
 One Thousand Pounds, as may or shall be approved 
 
 S 
 t 
 
 f 
 
■f 
 
 31 
 
 Dividend 
 
 Company 
 
 may have 
 
 ig General 
 
 >t', all con- 
 
 sses incur- 
 
 and shall 
 
 place, ap- 
 
 •any, when 
 
 Itobemade, 
 
 lanted and 
 ors, or any 
 ed at such 
 
 time being 
 empowered, 
 i of the said 
 directors as 
 ?t or other- 
 CRETARY 
 
 who shall, 
 troul of the 
 itive Officer 
 I Secretary 
 id situation 
 e displaced 
 conduct in 
 limous suf- 
 tors, for tlie 
 ►ard having 
 
 President, 
 3se. 
 
 n entering 
 rovidesucii 
 il perform- 
 he sum of 
 e approved 
 
 of and accepted by the said Directors or majority 
 jthereof as aforesaid. 
 
 § 3. And in the event of his the said Secretary's Mny nam*- » 
 temporary absence, sickness or other interruption evem'ff ab" 
 of his duty, he shall and may, at his own proper '*'""'•*'■ 
 cost and expence (by and with the approbation of 
 tlie Directors, or any quorum thereof as aforesaid, 
 for the time being) at any time or times, hereafter, 
 nominate and appoint such Deputy or L)ej)uties as 
 they the said Directors may tlien and there approve 
 and accept of ; and the said Deputy or Deputies 
 remove and dismiss and apj)oint others, as he the 
 said Secretary from time to time may see fit. 
 
 i 
 
 
 § 4. And it is hereby further provided, that the 
 said Secretary or his Deputy, for the time being, 
 shall be charged, intrused and invested -with the 
 custody and safe-keeping of all Books, Papers, Deeds, 
 Securities, Vouchers, Accounts, or other documents 
 or writings, and of all Real Estate, Property, 
 moveables and effects of whatsoever nature or kind 
 appertaining, or in any wise belonging to the said 
 Company, cash, monies, notes or bonds convertible 
 into cash alone excepted ;. which said Cash, monies, 
 notes or bonds convertible into cash, shall be in 
 the cliarge and possession of the Treasiu'er of the 
 Company, for the time being, and in that of the 
 Cashier thereof, acting as his the said Treasurer's 
 authorized Deputy. And he the said Secretary 
 or his deputy, for the time being, shall moreover 
 be intrusted and charged with tlie general ma- 
 nagement and superintendance of all the said 
 Company's attairs, business, correspondence and 
 concerns, under the immediate controul and di- 
 rection of the said Board of Directors in their col- 
 lective capacity, and of tlie President of the said 
 Company, for the time being. And he the said Se- 
 cretary or his deputy as aibresaid, shall moreover 
 
 Entrusted 
 with care of 
 ('oiupaiiy's 
 Buil<liii{:'«, 
 Books &c. 
 
 Efcepting 
 cash, which 
 i« entrusted 
 to Treasur- 
 er and Cash- 
 ier. 
 
 Tints of Se* 
 cretarj 
 
 Defioed by 
 lheBy-Law» 
 aad this Act 
 
82 
 
 ,• li, 
 
 il 
 
 
 tf'i 
 
 ,|r..M| 
 
 '4: |-l 
 nil! ! 
 
 i 
 
 Future Se* 
 creiaries, 
 how ap> 
 fOiaieAt 
 
 do and perforin all such other business or affairs re- 
 lating or appertaining to the said Company, as arc 
 specially provided for and stipulated by this Act, 
 or as shall or may at any time or times hereafter bu 
 legally enacted or ordained by the By-Laws of the 
 said Company, duly made, ordained and enacted as 
 herein-bcfore provided. 
 
 § 5. And h is hereby further provided, that in 
 the event of the death or removal from office of the 
 said Secretary, his said situation shall be filled up 
 by the said Directors, for the time being, or majority 
 thereof as aforesaid, legally called by the President, 
 for the time being, and assembled for that express 
 purpose. 
 
 ARTICLE SEVENTH. 
 
 AUonances 
 to defray 
 
 § 1 . And it is hereby further covenanted and 
 MiariM and agreed, that to enable the said Secretary to do and 
 g?anSse- perfomi the aforesaid duties of his said situation 
 creiarj,«c. ^jj^j Qf^^Q^ jmd also to provide himself with such 
 
 officers, assistants, clerks or servants, and to detray 
 the expence of Rents, Fuel, Stationery, Printing, 
 Office-furniture, Fire-Engines and apparatus for 
 suppressing fires, and such other contingent or per- 
 manent disbursements or expences as the due exe- 
 cution of his said situation and office may or shall 
 at any time or times hereafter require or render 
 necessary, he the said Secretary, for the time being, 
 shall, from and out of funds or profits of the said 
 Company, be allowed, paid and received from the 
 r^«?"*"^' Treasurer, thereof for the time being, an annual 
 salary of Three Hundred Pounds, current money 
 aforesaid ; and also such further allowances for sala- 
 ries, rents and other contingent and permanent ex- 
 pences or disbursements as aforesaid, as may or shall 
 be stipulated, ordered or established by the Board 
 of Directors, for the time being ; provided however, 
 that such allowances shall not exceed the annual 
 
 £iW. 
 
 m 
 
\r affuirs rc- 
 jany, as arc 
 tliis Act, 
 liercaftcr be 
 paws of tho 
 enacted as 
 
 ed, that in 
 ffice of the 
 e filled up 
 or majority 
 e President, 
 hat express 
 
 lantcd and 
 y to do and 
 id situation 
 
 with such 
 tid to deti'ay 
 y, Printing, 
 paratus for 
 entor per- 
 e due exe- 
 lay or shall 
 
 or render 
 inie being, 
 of the said 
 I from the 
 an annual 
 •ent money 
 ;cs for sala- 
 nanent ex- 
 ay or shall 
 
 the Board 
 J however, 
 he annual 
 
 83 
 
 gum or sums of money hereinafter specified, ;hat is 
 tt) say : 
 
 •j 
 
 For an Attorney/ and Councillor at Law, Twenty JJ""''""* 
 Pounds Retainer. 
 
 ^so. 
 
 or. 
 
 I For a Translator, a salary of Twenty Pounds. J'l}"*^'" 
 
 For a Notary, the established and current rate of Notary- 
 busines^ referred to him. 
 
 For a Chief Clerk and Cashier, a salary of Two J'J;^^ ^^"^ 
 Hundred Pounds. iiou^e rm 
 
 and Fael. 
 
 For a Book-keeper and Accountant, a salary of ^""^jj**'" 
 One Hundred and Fifty Pounds, and to such of the 
 two last mentioned officers as may or shall have the 
 immediate charge and keeping of the Company's 
 office and buildings at Quebec, house-rent in the 
 said building and fuel, in addition to their said sala- 
 ries. 
 t 
 
 4 
 
 MewsnpPT 
 and Purler, 
 
 For a Messenger and for a Porter, together, a 
 salary not exceeding aSV^i/^ Pounds. 
 
 For Agents oi the Company, at such places as it pJr^'enta^ 
 may be deemed advisable by the Board of Directors £^^' 
 to establish Agencies, each respectively, ten per cent. 
 on the amount of premiums by said Agents remitted, 
 and fifty pounds per annum, in lieu of office-rents, 
 stationery and fuel. 
 
 For Rent, Fuel, Stationery, Printinsr, Office ^ontinpo** 
 rurmture, rire Jiingines and apparatus for sup- may be *■». 
 pressing Fires, and for all other contingent and 'bvlJws o? 
 permanent expenses and disbursements, not herein- ["J^^ °"^** 
 before specially provided for, such sum or sums 
 of money as may or shall be established by the By- 
 Laws of the saitl Company, duly made and enacted 
 as aforesaid ; and in default of such provision being 
 

 I 
 
 ii 
 
 made by the fiy-Laws as aforesaid, such sum or 
 sums of money us shall and may be authorized and 
 allowed by the Board of Directors, for the time 
 ***5d*b*or' being. Provided, however, that no Agent, Officer, 
 der of DN Assistant Clerk or Servant as aforesaid, shall be en- 
 ""**"* saged or employed by the said Secretary, without 
 having previously obtained the consent and appro- 
 bation of the said Board of Directors, for the time 
 being ; and proved also that previous to their en- 
 tering upon the duties of their said respective offices, 
 the said Agents, Chief Clerk and Cashier, Book- 
 keeper and Messenger, respectively, shall find and 
 •^•"f^^J ^^ provide such good and sufficient securities for the 
 faithful discharge of their said respective duties, as 
 the Board of Directors, for the time being, shall or 
 may deem adequate to the trusts in them respectively 
 reposed. 
 
 ceri 
 
 Kcuriljf. 
 
 secretary 
 allowed fees 
 on Policiei 
 6i>— on Cer- 
 tificates Is. 
 per share. 
 
 Directors 
 may com- 
 pound with 
 Secretary 
 for kaid fees 
 ifaboUbbed. 
 
 § 2. And moreover he the said Secretary, or his 
 Deputy or Deputies a? aforesaid, for the time being, 
 is hereby moreover aiithorized and empowered to 
 ask for, demand and receive, from all and every 
 person or persons aj)plying for and receiving any 
 rolicy or Policies of Insurance from the said Com- 
 pany, the sum of fiv,-. shillings, for each and every 
 Policy issued by the said Company ; and from all and 
 every Stockholder of the said Company, for each and 
 every Certificate of any part or portion of the Joint 
 Stock aforesaid, as well from original subscribers, 
 as from subsequent purchasers or transferees, the 
 sum of one shilling for each and every share held 
 under such certificates respectively, to be paid by 
 the party obtaining such Certificate or Certificates. 
 Provided, however, that the said Directors or 
 Quorum thereof as aforesaid, for the time being, 
 are hereby authorized and empowered (when they 
 shall or may deem the same fit and advantageous 
 for the said Company) to agree and compound with 
 the said Secretary, for the time being, for the aboli- 
 
 
ch sum or 
 'on'zed and 
 r' the time 
 pty Officer, 
 Tiall be en- 
 
 7> without 
 ^»c/ appro- 
 ' the time 
 I their en- 
 tive offices, 
 it^i-, Book- 
 ill find and 
 ties for the 
 e duties, as 
 Sr, shal] or 
 
 ^spectively 
 
 ?ry, or his 
 ^nie being, 
 o^vered to 
 Jind every 
 •'ving any 
 said Com- 
 and every 
 >m all and 
 • each and 
 the Joint 
 bscribers, 
 '»*ees, the 
 ^are Iield 
 ' paid by 
 'tificates. 
 3tors or 
 e being, 
 ^en they 
 'tageous 
 nd with 
 e aboli- 
 
 .f( 
 
 i 
 
 ss 
 
 lion of the said fees, and allow and pay ) rn (Mgt of 
 Ae funds or profits of the said Company, jch roa 
 ionable and eciuitubie compensation, iu i; i of tlie 
 faid fees on Policies of Insurance and Certificate 
 of stock, or cither, or any portion or part of said 
 fees respectively, as shall or may be agreed upon 
 and concluded between the said Directors and the 
 laid Secretary, for the time being — without preju- Bnt ibau 
 dice to any succeeding Board of Directors, who{I°J^'J^"***''» 
 may restore to the said Secretary, for the time being. Board, 
 the aforesaid fees, and cancel such agreement and 
 composition^ if they shall or may so sec fit. 
 
 ARTICLE EIGHTH. 
 
 § 1. And it is hereby further covenanted anda- ^^^'J^^"' 
 greed, that the said Quebec Fire Assurance Company "lefined aad 
 shall not directly or indirectly engage or be con- """**• 
 cerned, do or transact any commercial dealings, 
 trade or business whatsoever, Assurance of Property 
 against losses or damage by Fire alone excepted. 
 
 § 2. And it is hereby further ptovided, that the j^ s^a" ^"o» 
 said Company shall not in any manner or way what- gages "°e«' 
 ever, lend any money or monies on mortgage or J^^iie'^debS 
 mortgages or Hypoth^ques on real or immoveable 
 property, or in pledge or pledges, excepting to se- 
 cure the payment of any debt which may be bond 
 fide contracted with the said Company, in the prose- 
 cution of its aforesaid business of Insurance ; butg^^jj^^ ^^^ 
 the Directors, for the time being, or any nme of them, vest pan of 
 
 I... 1 ii_. ,.„ii_,i 1 i.i_.i x'_.. ii._;i. capital la 
 
 being legally called and assembled for that express public 
 purpose, in manner and form as it is herein -before J[|UJ,' 
 provided, are hereby authorized and empowered to 
 invest such part or portion of the funds of the Com- 
 pany as may or shall be at their disposal, and not 
 otherwise required by the exigencies of the said 
 Company^ in such Bank or other Public Stock, 
 
 or 
 
M 
 
 
 Funds or Securities legalli/ established tvithin this 
 Province, ht/ charter or otherwise, as they the said 
 Directors, or any nine of thein as aforesaid, shall or 
 may from time to time deem fit and proper for the 
 use and advantage of the said Company ; and the 
 said Bank or other Public Stocks, Funds or Securi- 
 ties, sell out, assign or transfer, so often as they the 
 said Directors or any nine of them as aforesaid, shall 
 deem fit and advantageous for the benefit of the said 
 ThaVi^aiioo -'^'"^P*^"y » Pi'Gvided, nevertheless, that a sum, of 
 Is net apart not Icss than Two Thousand Pounds, in specie, shall 
 jr^ eiguD- j^^,^u jj,^^(,g ]jQ reserved and remain deposited in the 
 Company's Vaults, in custody of the Treasurer of 
 said Company, for tiie time being, for sudden 
 emergencies. 
 
 hoid**Veai § ^* ^"^^ '^ *^ hereby further provided, that the 
 Estate «i. said Company shall not hold or ac(piire any lands 
 JTolowi. or tenements exceeding the value of Ten Thousand 
 Pounds, current money aforesaid. 
 
 ARTICLE NINTH. 
 
 MwtS § ^* "^"^ ^* ^^ hereby further covenanted and 
 
 agreed,' that all and every future General Meeting or 
 
 Meetings of the Stockholders of the said Company, 
 
 now, where shall bc Called and assembled at the Company's 
 
 bS'^Jwrnbu Olfice, in the said City of Quebec, at the hour of 
 
 *•*• one o'clock in the afternoon, by special notice, in 
 
 writing, directed to such of the said Stockholders as 
 
 may for the time being be resident in the said city, 
 
 and also after at least two iveeks notice previously 
 
 to be given in the Neivspapers as aforesaid, and not 
 
 otherwise. 
 
 S"b Dir*"' § ^' ^^^ *^® Directors or Quorum thereof as 
 tors. aforesaid, for the time being, may and are hereby 
 authorized to call any General Meeting or Meet- 
 ings of the Stockholders, whenever, and at such time 
 or times hereafter as the said Directors or Quorum 
 thereof as aforesaid, may or shall judge expedient. 
 
37 
 
 of 
 
 Or by any 
 
 5 t3. And moreover, they, the said Directors, or 
 quuniiu thereof, us uforesaid, shull, niid they arc 
 herehy uuthurized und obiii^ed to call any General 
 Mectin£^ or Meetini^s of Stoekliolders us aforesaid, 
 nt any, and at all time or times hereafter as may of 
 them the said [)ireetai's or((Uorum thereof as afore- 
 said, for the time bcinir, he required or demanded 'ft8"'«''''^»i' 
 by any Fifteen or more Stockholders for the time 'udo8ba'r«t.* 
 beinij, holdinij under legal Certificates agreeably to 
 the stipulations of this Act, in all Two Hundred und 
 Fifty shares, or upwards, in the Joint Sstock of the 
 t>uid Company. 
 
 § 4. And it is hereby further provided that noKoboMn», 
 Motion, Matter, Proceeding, By-law, Rule, or pro- d"?eiii"«el 
 posal of any nature or kind whatsoever shall, or "„",",' ^S, 
 may be submitted to, received, deliberated on, de- •"''• •* '• 
 bated, resolved or decided u|)on at any, or either ly^MM^"! 
 of such said future General Meeting or Meetings «*"""'•'•**• 
 of the Stockholders of the said Company, that shall 
 or may hereafter be called, assembled and held, In 
 virtue of this Act ; save and excepting such motions, 
 matters, proceedings, By-Laws, Rules or pro- 
 posals as surh said General Meeting or Meetings 
 shall have been specially called for to deliberate, 
 debate, resolve or decide upon ; and as shall have 
 been specified and detailed in the notices so as 
 aforesaid calling or assembling such said General 
 Meeting or Meetings. 
 
 vs 
 
 ARTICLE TENTH. 
 
 § 1 . And it is hereby further covenanted and agreed, stockhow- 
 
 ^iT ^ -■-» 1 II i'^* /> •"» before 
 
 that no person or persons. Body rolitic or Corpo- receuingdi. 
 rate, who at any time or times hereafter, shall or may Ji'Sg'ao" 
 become a Subscriber or Subscribers in this Com- 
 pany, or that shall or may claim any share or shares 
 therein, can or shall be a Stockholder or Stockhol- 
 ders thereof, or claim or receive any dividend or 
 
38 
 
 dividends of the profits of the said Company, or 
 have any vote or votes, privilege or privileges, nor 
 be qualified to hold or have any oflice or situa- 
 tion, or place of trust, or emolument in and 
 To \oAz9 under the said Company, until he, she or they, 
 M.^i. aTr,raJ the said Subscriber or Subscribers, shall have 
 ibe tnstai- made, given and paid every deposit, security and 
 minded. ' instalment demanded from the Stockholders iu 
 the said Company, for the time being ; and shall 
 moreover have agreed to and sigmed this Act of 
 And si?ii Association, as hereby amended as aforesaid, and 
 compaoj." all and every the otlier Rules, Orders, By-Laws 
 and Regulations of the said Company, for the time 
 And fakel)eing ; and shall also have obtained a certificate or 
 certificates of his, her or their said stock, signed by 
 the President and countersigned and Registered by 
 the Secretary of the said Company, for the time 
 being, in the form hereunto annexed and designat- 
 ed or marked" Schedule A/* 
 
 oui Iheir 
 tpriificates 
 of Stock. 
 
 % 
 
 »"ll 
 
 Ir ' •;' 
 
 
 ARTICLE ELEVENTH. 
 
 § 1. And it is hereby further covenanted and 
 Share* how agreed that the amount of the said shares so as 
 j.a>abie. ^J-Qj-ggai^ subscribcd hereunto, shall become due 
 and payable as follows : That is to say, each and 
 every subscriber or subscribers hereunto respec- 
 tively shall, within ten days from and after the time 
 or times he, she or they shall or may so subscribe, 
 pay or cause to be paid unto the Directors of the 
 said Company ; for the time being, or to their as- 
 ^86 per signs, the sum of Tiventy-five Pounds, current mo- 
 *S' aft" "^y ^^ aforesaid, for each and every share he, she 
 •ttbicribiag. or they, the said subscriber or subscribers, shall, or 
 may have subscribed for and taken in the said 
 Company ; provided that all and every subscriber, 
 ihat^23i()«as aforesaid, shall have the option, choice and 
 per share elcctiou, if hc, shc or they may or shall so see fit and 
 
 may be ten* ' ' . . J J ., 
 
 dered fn ap- propcr, to rendcF and pay any part not exceeding 
 Sorwdaote^ nine-tenths of the aforesaid deposit or instalmeuC 
 
Notes (n ba 
 approved of 
 bjr a Meet* 
 ir<g of at 
 leust niiia 
 Directors. 
 
 39 
 
 of Twenty-five per cent., in such good and appro- 
 vedly endorsed promissary note or notes of liund, 
 payable on demand, as sljall, or may be approved 
 of and accepted by a regular Meeting of the said 
 Directors, where, at least, nine of their number 
 shall be present, the whole number, for the time 
 being, having been only called for that express 
 purpose ; and in such form or forms as they, the 
 said Directors, shall or ni^y appoint. — Provided 
 however, that either tiie Drawer, or at the least 
 one Endorser of each and every such promissory 
 notes of hand, shall be possessed of and hold real 
 estate, within the Province of Lower Canada, ex- 
 ceeding in value, all incumbrances being deducted, 
 at the least double the amount of such note or 
 notes as he, she or they may, so as aforesaid, draw 
 or endorse. 
 
 6 2. Provided also that said notes shall, by the D'f^f"" 
 
 3 . ^ ^ . maj lequire 
 
 person or persons respectively so paying or de- note? to be 
 positing the same, be renewed or changed so often chSnge.i.not 
 and at such time or times, hereafter, as the Direc- J'^'"''' "J',^";; 
 tors, for the time being, or Quorum thereof, as e'"'''y »•* 
 aforesaid, may or shall think fit or proper to de- """" 
 niand or require, not being oftener than once in 
 every six months. 
 
 Proviso.— 
 Filbpf iha 
 Frtiinisser 
 or Iiiiloriier 
 mu8t bold 
 real Estate, 
 in Lower 
 ^'anada, of 
 double the 
 value of 
 Note. 
 
 And the said notes of hand, separately or col- Notes nabja 
 lectively, shall moreover be liquidated and paid to J",)'^^, oSe^ 
 the said Directors, for the time being, as afore- "''"•i' 
 said, or to their assigns, at such time or times, and 
 in such place or ])laces, and in such proportion or 
 proportions, either wholly or in part, as they, the 
 said Directors, or any quorum thereof, as afore- 
 said, shall or may at any time or times hereafter 
 require or demand. 
 
 § 3. And it is further agreed that the remaining jy'J"o^l''p"4 
 one-tenth part of said deposit of Twenty-five per jJ'^''^^,Pf''* 
 
40 
 
 centum shall he. paid in^ as aforesaid^ in gold or 
 silver coin current. 
 
 
 
 ARTICLE TWELFTH. 
 
 /iT"'°Je? § ^' "^"^^ J* ^* hereby further covenanted and 
 •hare 10 be agreed, that the remaining sum of seventy-five 
 w'hen""de' pouiids for cacli and every share so subscribed and 
 Drrecioii.''* tai\en as aforesaid, shall be paid in Gold or Silver 
 coin current, unto the said Directors, for tbe time 
 being, as aforesaid, or to their assigns, at such time 
 or times, and place or places, and in such instal- 
 ment or instalments as they the said Directors, for 
 the time being, as aforesaid, nuiy or shall, from 
 i.,o,i,o - *^"^^ *^ *'*"® appoint ; provided, however, that all 
 inMaim..n»8 such Said Instalment or instalments shall be de- 
 
 lobe called i i 1 1 /> • ^ i 
 
 in finally manded equally from every proprietor or member 
 
 su.Tkhdid-*' of the Company, for the time being, in due propor- 
 
 ^"' tion to the number of shares they hold therein, and 
 
 that no instalment, the first as aforesaid excepted, 
 
 «tarme"tB'"o cxcccd tlic sum of ouc j)ound, five shillings per 
 
 *'**^^fJ!?*' s'hare : nor shall an v future instalment be exacted 
 
 or demanded from the said Stockholders as aforesaid, 
 
 until thirty days previous and public notice shall 
 
 tf"e'^*o"be l^^ve been given, in both languages, in at least one 
 
 fSrfutore ^^ '**^ news-papers, printed and published at Que- 
 
 iiMUlmeot. bee. 
 
 § 2. And it is hereby further agreed, that until 
 
 flei.d8°«o'be the sum of fifteen thousand pounds, exclusive of the 
 
 !t^ilooo"Vrl iifoi'esaid deposit, in promissory notes, shall have 
 
 ca«ii*i» paid been well and truly paid in by the Stockolders 
 
 aforesaid, in Gold or Silver coin current, on account 
 
 of the subscriptions to the said Capital Stock, no 
 
 dividend or dividends of profits shall or may, or can 
 
 be made or paid by the Directors of this Company, 
 
 as aforesaid, to any Stockholder or Stockholders 
 
 therein. 
 
 § 3. And the said deposits or instalments^ not b£- 
 
gold or 
 
 cd and 
 ity-five 
 Jtcl and 
 • Silver 
 le time 
 h time 
 instal- 
 ors, for 
 1, from 
 that all 
 be de- 
 lember 
 iropor- 
 in, and 
 cepted, 
 'gs per 
 exacted 
 »resaid, 
 •e shall 
 ast one 
 t Que- 
 
 t until 
 '■ of the 
 I have 
 :olders 
 :count 
 'k, no 
 or can 
 inany, 
 olders 
 
 otbfi- 
 
 J 
 
 i 
 
 41 
 
 ing loss than Fifteen Thousand pounds in cash ; or 
 that amount in investments in Public Stocks or 
 securities as aforesaid, in part and in Cash, part as 
 aforesaid ; together with the said deposit of Twenty- 
 two pounds ten shillings per share, in good and 
 approvedly endorsed notes of hand, shall, from 
 henceforth, and at all times hereafter, (luring the 
 legal existence of the said Company, remain de- 
 posited, and in the possession and custody of the 
 Directors of the said Company, for the time being ; 
 and in case of any loss or losses, whereby the said 
 deposits shall be lessened, no subsequent divi- 
 dends shall be made, until a sum equal to such 
 diminution, and arising from the profits of the 
 Company, shall have been added to the said de- 
 posits. 
 
 § 4. And it is hereby further provided, that the 
 semi-annual Dtvidenxls of the profits of the said 
 Company, herein before provided for, shall not ex- 
 ceed the rate of three per ceuiHrn on the amount of 
 the Stock of the said Com[)any, so as aforesaid de- 
 posited and paid in by the Stockholders, in Cash, 
 for the time being ; and that the surplus net gains, 
 if any, shall remjiin at the dispo>al of the General 
 Meetings, to be held in the mouth of A[n'il, annu- 
 ally, as herein before sti{)ulated ; subject, never- 
 theless, to the rule prescribed by the last clause of 
 Article the Ninth. 
 
 (3*h or In 
 Public In- 
 vestments * 
 a.^i percent, 
 ill notes to 
 be tlie per- 
 manent i\t" 
 pn8if in t?ie 
 iiands of Di- 
 rector*. 
 
 If1e<i«en*'»l 
 
 hv lofsen. to 
 he replaced 
 fiom (he 
 profits, b«. 
 fore divl- 
 jl«>n(lii ati* 
 made. 
 
 yearly divi- 
 dends to fTL' 
 ceed 3 iitT 
 cent, on t^c* 
 cn^b itepo- 
 Biud. 
 
 Sarpin* 
 plains at dis- 
 posal ot fiP- 
 ntral Meel- 
 iugii of April 
 
 ARTICLE TnillTEENTil. 
 
 § 1. And it is hereby further covenanted and 
 aarreed, that if anv Stoclsholder or Stockhohlers of renaityfor 
 any share or shares in the said Comj)unv, shall or ment of fu- 
 
 •' , , ,. 1 I i 1*1^1 lure lostAV- 
 
 may neglect, refuse or delay to pay and make good „cut». 
 at such time or times, and |>lace or [) laces as may 
 or shall be legally appointed as aforesaid, any in- 
 stalment, deposit or call, not exceeding the amount 
 
 1> 3 
 
42 
 
 i| 
 
 n 
 
 of bis, her or their share or shares, as may or shall 
 be at any time or times hereafter demanded for the 
 use of said Company, in manner aforesaid, he, she 
 or they the said Stockholder or Stockholders so re- 
 fusing", delayinj? or neglecting", shall forfeit for the 
 . use of tlie said Companv, the sum of one pound five 
 shuhngs, lor each and every share held or owned 
 by said tlefaultcr or defaulters ; and if the said in- 
 stalment, deposit or call, together with the forfei- 
 ture or j)enalty aforesaid, and all charges incurred 
 by reason of said delay, neglect or refusal, shall 
 jDont "'ami not have been fully contributed and paid within two 
 IIT%<\ i" niontlis after the said Instalment ought to have been 
 s ii.oniiis paid, then, and in that case, such said defaulter or de- 
 foWf't Lis laulters shall lose and lortcit to the Jomt Stock, as 
 ^'"°''* aforesaid, all his, her or their sluire or shares there- 
 in, together with all his, her or their the said 
 defaulter or defaulters' former deposits or instal- 
 ments, and all dividends, interest and property in 
 the said Company. 
 
 § 2. And any Stockholder or Stockholders who 
 „ „ shall or may have lodged or deposited any note or 
 
 Tensity on ri i • ^ r x f •! 
 
 rcfuMnfr to notes o{ hand in payment or any part or parts oi saiu 
 S?^' tba"rge first deposit or instalment of twenty-five per 
 notes cent, refusing, neglecting or delaying to pay, make 
 good, renew or change said note or notes, or such 
 pan or parts thereof as may remain due or unpaid, 
 damirikd!' foi* the period of thirty days after the same shall 
 have been duly demanded or required, in pursu- 
 ance of this Act, he, she or they, the said Stockhol- 
 der or Stockholders, shall forfeit and pay for the 
 on" ainount use of thc Said Company, the sum of ten pounds 
 fif Note. ppj. centum, on the amount of said note or notes 
 so refused, neglected or delayed to be paid, made 
 good, renewed or changed, as aforesaid ; together 
 with all his^ her or their said defaulter or defaul- 
 ,twiute ters' dividend or dividends of profits in the said 
 lis '" *^" Company then due or payable, and that shall or 
 
43 
 
 ly or shall 
 led for the 
 1, he, she 
 Jers so re- 
 eit for the 
 loiind five 
 or owned 
 le said in^ 
 the forfei- 
 s incurred 
 isal, shall 
 v'ithin two 
 have been 
 Iter or de- 
 Stock, as 
 res there- 
 ' the said 
 or instal- 
 ^operty in 
 
 ders who 
 
 y note or 
 
 rts of said 
 
 -five per 
 
 )ay, make 
 
 i, or such 
 
 r unpaid, 
 
 inie shall 
 
 in pursu- 
 
 itockhol- 
 
 ly for the 
 
 1 pounds 
 
 or notes 
 
 id, made 
 
 together 
 
 •r defaul- 
 
 the said 
 
 shall or 
 
 may become due or payable during the period of 
 such default; and if the said note or notes shall not /,?''. '^""* 
 have been so paid, made good, renewed or changed, eT'&c!'uiTh 
 as the case may be, on the demand of the Directors ujSiII **** 
 of the said Company or any Quorum thereof, as 
 aforesaid, and also the said penalty or forfeiture, 
 together with all charges incurred by reason of 
 such refusal, delay or neglect, fully i)ai(l and acquit- 
 ted, within the space of two months after the said 
 note or notes ought to have been so, as aforesaid, 
 paid, made good, renewed or changed, as the case 
 may be, then and in that case, such said defaulter 
 or defaulters shall lose and forfeit to the joint :4ock ,„J?rftiibiI 
 aforesaid, all his, her or their share or shares there- stock. 
 in, together with all his, her, or their, the said 
 defaulter or defaulters' former deposit? or instal- 
 ments, interest, profit or dividends in the said Com- 
 pany ; and the said note or notes of hand so re- 
 fused, delayed or neglected to be paid, made good, 
 renewed or changed shall be forfeited to the use of 
 the said joint stock, and the amount thereof sued 
 cut and recovered against the drawer or drawers, ofi^l^nTJ. 
 or endorser or endorsers thereof, in any court of ^"aw^^*^ ** 
 justice having competent jurisdiction. 
 
 § 3. Provided always that no Stockholder or 
 Stockholders of the said Company, (not being a de- 
 faulter or defaulters for the time being,) who shall 
 have deposited any such note or notes of hand in 
 lieu of specie, as aforesaid, shall be bound or called 
 upon to pay, acquit, or make good in specie any 
 greater part or parts, portion or portions of such 
 note or notes of hand than his, her or their just 
 proportion of the instalment required, according to 
 his, her or their share or shares in the joint stock 
 aforesaid, and the actual wants of the Company for 
 the time being. 
 
 Pro*!*©.— 
 No Stock* 
 holder (not 
 in (lefaiilOi 
 to be called 
 upon to pay 
 more tliaa 
 his propor* 
 lion of iha 
 Riim to be lti« 
 vied upon 
 the NotM 
 generally., 
 
44 
 
 ARTICLE FOURTEENTH. 
 
 § 1. And it is hereby further covenanted and 
 Company to agrccd, that as soon as tiic sum of Sixty Thousand 
 inwrTn" Pounds cunvucy US aforesHid, or uiorc, iu part of the 
 u'^rubS-'joint stock aforesaid, of the said Company, is or has 
 *"'*"'•<-* been subscribed for and taken up : and Twenty-five 
 poMied. per cent, tiiercon, as aioresaid, or u|)wards, is or na» 
 been mcII or truly paid, and phiced in the hands of 
 said Directors for tiic time being", on account of 
 said subscriptions — notice sliall, by the said Direc- 
 tors or quorum tliereof, as aforesaid, be given in all 
 the newsj)aj)ers, ])ublislied in this Province, that the 
 said Comjiany are ready to commence making and 
 granting Policies of Assiu'ance against loss or da- 
 mage by fire — and thereu])on tlie said Directors or 
 Quorum tliereof, as aforesaid, shall and are licreby 
 authorized to empower and cause the secretary of 
 the said Company, for the time being, or his sub- 
 stitute to grant or issue such Policies of Assurance 
 against Fire at Quebec or elsewhere, in the name 
 _ . and for the account and risk of said Quebec Fire 
 tojssje I'o- Assurance Company, as the said Du'cctors may see 
 exce!aing° fit, Hot in auy one risk exceeding the sum of Six 
 £e".'Jgjj, '° Thousand Pounds, currency as aforesaid ; and to 
 ask for, demand and receive, in consideration of 
 the same, such premiums as may or shall be or- 
 dained and stipulated by the Tarif of the said 
 At pre-^^"M^^^'y *^^^^y made and published in manner fol- 
 miims per lowiug : — Tluit is to sav, the Directors for the time 
 being, or (juorum thereof, as aforesaid, shall cause 
 a Tarif of the rates of premiums to be charged 
 for Insurances against losses by Fire, to be made 
 Tnrif fixwi out, cncfrossed and exposed to iniblic inspection in 
 the Company s ornce at Quebec, lor the govern- 
 ment of the Secretary of the said Company, or his 
 •nri pob. substitute as aforesaid, and for the information of 
 
 li'iv expos. ^ 
 
 a in iiiethe public; and the said Tarif shall alter or 
 t^ompan>'8 jj^^^jj^j g^ oJ-|.(>jj j^^, jjj^^y^ jjj^, g^jj.j j^jj-pctors or quo- 
 
 rum thereof us aforesaid^ shaii or may see fit» 
 
45 
 
 cd ancJ 
 ousand 
 t of the 
 s or !ias 
 nty-fivc 
 s or has 
 lands of 
 ount of 
 JDirec- 
 m in all 
 that the 
 ing: and 
 > or da- 
 ctors or 
 Iiereby 
 etary of 
 lis sub- 
 jsurance 
 le name 
 )cc Fire 
 may see 
 
 I of Six 
 ; and to 
 ation of 
 
 be or- 
 ho said 
 ucr fol- 
 he time 
 
 II cause 
 barged 
 e made 
 tlon in 
 govern - 
 , or his 
 ition of 
 iter or 
 >r quo- 
 t. 
 
 h 
 
 § 2. And whereas it is requisite for the interest ,„'"ry*'' 
 and advantage of the said Company, tliat the Secre- wii^diwre. 
 tary thereof or his substitute^ for the time being/JrTaMoX 
 should be invested with certain discretionary ^'umf ''Ta 
 powers, sufficient to enable the Company the more «^' «••»'«> 
 successfully to compete with other Fire Insurance 
 Companies, or agencies of such Companies, that 
 now are, or may hereafter be established in this 
 Province ; he, the said Secretary or his substitute, 
 as aforesaid, is hereby authorized and empowered, 
 in such particuhir instances, as the interest or ad- 
 vantage of the Company may, in his opinion, re- 
 quire it, to grant and issue Policies of Insurance, 
 or renewals thereof, at such rates as may or shall 
 be demanded by other Companies or Agencies as 
 aforesaid, without consulting with, or making ap- 
 plication to, the Board of Directors; notwithstand- 
 ing that such rates may be different from those 
 establisls^''. by the said Tarif ; and in cases where 
 no specific rate may be established by said Tarif, 
 the Secretary or his substitute, as aforesaid, are au- 
 thorized to fix the rat^ of [iremium to be eharged — 
 provided, however, that persons dissatisfied with auiIu^r^ 
 such charges, may appeal to the Board of Direc- ™',i,ebua^d! 
 tors ; and provided also that in all instances of de- proviio. 
 viation from the Tarif so as aforesaid becoming ^^^gylflJilh 
 requisite, the secretary, or his substitute as afore- av'^ r*'"*"'f 
 said, sliall consult with, and follow the directions Boarlr^'if 
 given him by the Board of Directors, if then pre- '*'"'"^* 
 sent and sitting at the office, or the Director for the ^J J^^^'^'lf 
 week, if circumstances shall permit his being rea- fji^"* "*^ 
 dily consulted with, without occasioning delay. 
 
 near. 
 
 § 3. And it is hereby further provided, that on ^^^J,',';^'^*'" 
 due application being made, at the office of the to enquire 
 said Company in Quebec, for the payment of any uelowU 
 lessor damage sustaik."d by fire on any property 
 insured by the Company, the Directors or Quorum 
 thereof as aforesaid, shall forthwith take such mea- 
 
40 
 
 I ^ 
 
 pures as they may deem the most effectual to as- 
 certain the amount of such loss or damage as the 
 Company shall or may be liable to make good, and 
 thereupon direct payment to be made by the Trea- 
 surer of the Company, for the time being, of such 
 sum or sums as shall appear justly due to the claim- 
 ant. 
 
 •1! 
 
 mi 
 
 cmitnin 
 clniis(' re 
 
 tiru'tin? 
 
 prnviio; n?i § 4. Provldcd, liowcver, that all and every Po- 
 othetmmu' licy or Policies of Assurance and renewal or re- 
 'a newals thereof, or other contract or instrument, by 
 • the terms or effects whereof the said Company shall, 
 pnjinen't ro niay or can, in any manner or way whatsoever, be 
 liock, '''""' charged with, or made liable for the payment of 
 any sum or sums of n.oney ; shall clearly, specific- 
 ally and specially declare and make known that no 
 othcer, ])roprictor or stockholder in or of the said 
 Quebec Fire Assurance Company shall be indivi- 
 dually bound by such policy or policies, renewal 
 or renewals thereof or other contract or instru- 
 ment as aibresaid, to any further or larger amount 
 than his or her proportion towards the fulfilment 
 thereof, according to, and in no case exceeding the 
 amount of his or her share or shares in the joint 
 ndhefi-n ^^^^^ ^"^^' sccuritics iu the said Company; and shall 
 e.i by i^re- also bc slgncd by the President or Vice President, 
 prSell^'and one other Director of the said Company, and 
 "H^sSe' ^^ ^^^*^y registered and attested by the said Secretary, 
 or his substitute, for the time being. 
 
 one iJiiectnr 
 
 a I 
 
 I 
 
 m 
 
 Tiiefotn- § 5. And the Stockholders or Subscribers of 
 vo'iVaii'ia.' the said Quebec Fire Assurance Company, hereby 
 noV.u.'iy'* declare and make known, that no ])olicy, engage- 
 i>i(;ne(i, &c., nient or other contract of any nature or kind soever 
 tainintr *^"he shall or can legally be entered into or made in the 
 8(ricuo*lfTfname of the said Company, unless and excepting 
 joioTstock'. *^^ same shall contain and express a limitation or 
 restriction of payment thereof, to the Joint Stock 
 aforesaid, and be duly signed, attested and register- 
 
47 
 
 al to as- 
 e as the 
 00(1, and 
 he Trea- 
 , of such 
 le claim- 
 
 very Po- 
 ll or re- 
 men t, by 
 uiy shall, 
 oever, be 
 ^ment of 
 y])ecific- 
 n that no 
 " the said 
 e indivi- 
 renewal 
 )r instru- 
 r amount 
 ulfilment 
 'ding the 
 the joint 
 ^md shall 
 'resident, 
 !iny, and 
 ecretary. 
 
 ribcrs of 
 , hereby 
 engage- 
 id soever 
 [le in the 
 xcepting 
 tation or 
 nt Stock 
 register- 
 
 ed, as herein-beforc lastly provided ; and the mu\ 
 Stockholders do hereby renounce and disavow nil 
 obligations as aforesaid nuute in the name of the 
 gaid Company, not being duly signed, attested and 
 registered as aforesaid. Mid not containing the 
 aforesaid restriction of payment to the Joint Stock 
 aforesaid, and if any policy, or renewal of policy, or Direc»or», 
 other contract or instrument be made or issued, or At. a.v, i-o- 
 negociated in the name of the said Com[)aiiy, being S^^l^iVp"* 
 signed as aforesaid, by any President, Vice Presi- «»<' r^/^'c-" 
 dent, Ireasurer, Director or Directors thereof, and m^nt »o 
 not containing the aforesaid limitation or restriction"''""'^'*"'''' 
 of payment to the Joint Stock aforesaid, such Presi- 
 dent, Vice President, Treasurer, Director or Direc- »« he maJa 
 tors so signing, issuing or negociating the same, a™rahi'e 
 shall in their natural and individual capacities be- [°ac{|'forfwt 
 come liable and responsible for the pavment or ful- •••i"' "'"fX 
 filmcnt thereof ; and shall also lose and forfeit, for iheir »iiua. 
 the use of the said Company, all his or their share or torapa'oj?' 
 shares, interest or interests, deposits or instalments 
 therein ; and be discharged from his or their office or 
 offices, situation or employment, in and under the 
 said Company. 
 
 ARTICLE FIFTEENTH. 
 
 § 1. And it is hereby further covenanted and J«»«ntsfocit 
 agreed, and publicly, expressly and explicitly af-po°,1!bieVoV 
 firmed and declared by us the Subscribers hereun- tiin.t'Se 
 to, that the Joint Stock subscribed into the said i^ooipa"** 
 Quebec Fire Assurance Company, and placed as 
 herein provided at the disposal of the Directors 
 thereof, for the time being, is, and at all time or 
 times hereafter shall be alone and only responsible 
 for, and liable to the payment of any debt or debts, 
 due or dues, claim or claims, demand or demands, 
 upon or against the said Company ; and no person 
 or persons who are now or at any time or times 
 hereafter, may or shall become a subscriber or 
 subscribers^ or Stockholder or Stockholders of any 
 
4S 
 
 
 (!fr«icfl of 
 proce*» at 
 (he Com . 
 
 fianjr'it office 
 n Quebec, 
 ■salimt (he 
 Company or 
 any of ill 
 Direciori, 
 will be ac> 
 cepted and 
 in due lime 
 aaiwered. 
 
 «haro or shares in the Joint Stock oforesaid, Is, 
 shall, may or can be personally or individually in 
 any way or manner whatever, responsible for any 
 engagement or engagements entered into by or in 
 the name of the said Company, noi* liable to pay 
 any sum or sums of money, debts, dues or demands, 
 of any nature or kind^ claimed or to be claimed 
 against said Company. 
 
 § 2. Provided nevertheless, and it is hereby fur- 
 ther agreed and declared, that process issuing out 
 of any Court or Courts in this District, at the suit 
 of any person or persons whatsoever, and duly 
 served at the office of the said Company, in the city 
 of Quebec, either against the said Company, in its 
 collective name, or against the President or Vice- 
 President or any Director or Directors, or other 
 officer or officers of said Company for the time be- 
 ing, for and in respect of any alleged action, 
 claim or demand against said Company, shall in 
 due time be answered by such President or Vice- 
 President, Director or Directors, officer or officers 
 of said Company, who by such process shall be 
 n\ade Defendant or Defendants in such actions 
 (unless settled out of Court,) without alleging the 
 existence of anv other Stockholder or Stockholders, 
 in or of the said Company ; or the necessity of mak- 
 ing such other Stockholder or Stockholders, in or 
 of the said Company, parties in or to such action, 
 but that the defence shall be made before such 
 Court, so as that the cause may be tried and deter- 
 mined on its real merits. 
 
 § 3. And provided also that every order ,judgement, 
 sentence and decree, which may or shall be given, 
 rendered or pronounced in any such Court, or upon 
 ofanfcSurt such actio'^«, claims or demands so prosecuted, as a- 
 inB'**on'"ai'i forcsaid, shall be considered as equally binding upon 
 hn rs^^fn ^^^ '**^*^ singular the Stockholders in and of the Joint 
 proportion Stock of Said Company, in proportion to, ind notex- 
 Mock. **""' ceedingthe amount of their respective shf ires therein. 
 
 wKhnat a1- 
 leginft ex- 
 inience of 
 other Slock* 
 boldera. 
 
 §1 
 
 agrc 
 TreJ 
 as al 
 rlze\ 
 monj 
 santi 
 in tl 
 for tl 
 ness 
 
ally in 
 or any 
 y or in 
 to pay 
 mands, 
 laimed 
 
 by far- 
 ing out 
 lie suit 
 id duly 
 the city 
 r, in its 
 T Vice- 
 r other 
 ime be- 
 action, 
 ;haU in 
 Vice- 
 officers 
 mil be 
 actions 
 the 
 olders, 
 >fm ak- 
 in or 
 action, 
 5 such 
 deter- 
 
 ;mcnt, 
 
 [given, 
 
 upon 
 
 , as a- 
 
 upon 
 
 : Joint 
 
 kot ex- 
 
 ierein. 
 
 '9 
 
 
 4V 
 
 ARTICLK SIXTEENTH. 
 
 § 1. And it is hereby furtlier covenanted and 
 agreed, that the said President, Vice President, 
 Treasurer, and other Directors or Quorum thereof <e>ooo may 
 as aforesaid, for the time being, are hereby autho- bjse?reu% 
 rized and empowered to allow a sum or sums of ,'y"JraIilM- 
 money, not at any one time exccedine: One Thou- ''»"» "^ 
 
 1 1 '' c • 1 . I 1 • Company. 
 
 sand pounds, currency aioresaid, to be and remani 
 in the custmly and possession of tlie said Secretary, 
 for the time being, for the daily and ordinary busi- 
 ness of the said Company. 
 
 ARTICLE SEVENTEENTH. 
 
 § 1. And it is hereby further covenanted and °"mpi|25to 
 agreed, that this Act of limited association, for the >»«. mbj, 
 purposes aforesaid, shall continue and be in full 
 foi'ce and effect until the first day of M^y, that will 
 be in tbo year of our Lord One Thousand eight 
 hundred and sixty-five, and no longer; but the 
 Stockholders of two thirds the Joint Stock aforesaid, 
 of this Company, at a General Meeting duly as- JoJIim'^of 
 sembled, by six months' previous notice, to be |;j;jj» ^^ 
 given in all the newspapers printed and published petui'ii for 
 in this Province, and stating the object thereof, clJliTier ami 
 may, and are hereby authorized and empowered to coiniany'*"*^ 
 petition the Legislature of this Province, to repeal !"''"^'' «[f; 
 the Act of Incorporation, in order to enable the mooths' no. 
 Stockholders to (lissoive the said Company at any 11,*^^ Provu!! 
 prior period, in the event that the said proprietors '"'j'' „'""*" 
 or Stockholders of two thirds of the Joint Stock of 
 said Company, for the time being, shall consent 
 and agree to such dissolution as aforesaid. 
 
 § 2. Provided also, and it is hereby expressed, 
 stipulated and agreed, by and between the parties 
 to this Act, (witiiout which stipulation tliis pre- 
 sent Act had not been made) that the limited asso- 
 ciation or society hereby established, shall not 
 
«0 
 
 II 
 
 
 cease or determine by or upon the deaths natural 
 or civil, bankruptcy, or /V«7/i7e of any Stocklioldcr 
 or Stockholders, in or of the said association ; but 
 baokruptc^. that, notwithstanding such death, natural or civiJ, 
 afsiJekhol. bankruptcy ovfaillitc, this company and the associa- 
 affect°dlrl°. ***^" hcrcby established shall be and remain as firm 
 tioaoriom- and solid as if such contingency had never happen- 
 
 ARTICLE EIGHTEENTH. 
 
 § 1. And it is hereby further covenanted and a- 
 greed that these Articles of Association, By-Laws, 
 Rules, Ordinances and Regulations hereby duly 
 enacted, by the authority, and in virtue of the Act 
 passed in the Provincial Parliament of Lower-Cana- 
 da in the sixth year of the Reign of our Most Gra- 
 cious Sovereign, King George the Fourth, Chapter 
 eleventh, intituled An Act to incorporate the Que- 
 bec Fi e Assurance Company, shall be printed in 
 the French and English Languages, for the infor- 
 mation of the Stockholders thereof: and cannot, 
 nor shall any of them be augmented, altered, a- 
 menued, or revoked, annulled, or repealed, unless 
 at a general Meeting of Stockholders, duly called 
 and assembled for that express purpose, by adver- 
 tisement inserted in one or more of the Newspapers 
 published in the City of Quebec, for at least six 
 weeks previous to said intended Meeting, stating 
 the object and intention thereof; and that at said 
 general meeting, so called and assembled as afore- 
 said, no question, motion, measure, matter, or 
 
 Aa(hnill> 
 under which 
 tbeM U>- 
 Lawi are 
 enacted. 
 
 Bj'-Laws 
 n 7 not be 
 aogmented 
 or alrered, 
 &c« eicf^pt* 
 Ing hjr Ge- 
 neral Meet- 
 ings called 
 fk|r that ex* 
 preM pur- 
 pose, b> &lx 
 week* ad< 
 Terticemeot 
 •tatlDg the 
 object. 
 
 And Bjr* 
 Laws, &c. 
 not to be a I 
 tered except 
 by 2 3rd*, 
 the vote^ of 
 sDch Gene 
 ral Meeting. 
 
 thing proposed or submitted therein, shall be decid- 
 ed by less than two-thirds the votes and proxies 
 there present, voting according to shares as herein 
 before ordained and appointed. 
 
 ARTICLE NINETEENTH. 
 
 § L And we the undersigned hereunto do here- 
 by further covenant and agree, having first heard 
 
 this 
 
 spec 
 
 Quel 
 
 shan 
 
 and 
 
 and 
 
 othei 
 
 §s 
 
 unde 
 
 and 
 
 Quel] 
 
 secoii 
 
 thou J 
 
 queni 
 
 genei 
 
 Conif] 
 
 Comf 
 
 conse 
 
 specif 
 
 and t 
 
 in th( 
 
 Thurs 
 
 year 
 
 twent 
 
51 
 
 natural 
 kholdcr 
 >ii ; but 
 jr civil, 
 associa- 
 as firm 
 lappen- 
 
 1 and a- 
 y-Laws, 
 by duly 
 f the Act 
 M'-Cana- 
 ost Gra- 
 Cliapter 
 the Que- 
 :inied in 
 e infor- 
 cannot, 
 tered, a- 
 iinless 
 called 
 y adver- 
 vspapers 
 east six 
 stating 
 at said 
 as afore- 
 itter, or 
 je clecid- 
 proxies 
 IS herein 
 
 this our mutual Agreement duly read, to take re- 
 spectively in tlie Joint Stock aforesaid of the said ..^"Jel^o'lTk" 
 Quebec Fire Assurance Company the number of JJ^" '^^J'JJ 
 shares to our several and respective Names, Firms ani.exf.i n. 
 and Styles hereunto aimexed, on the several terms !!!«'."'"'•" 
 and conditions of this our Act and Deed, and on no «'"'"*"''»• 
 otlier terms or conditions whatsoever. 
 
 §2. In Faith and Testimony whereof, we the 
 undersigned, have severally and respectively set 
 and subscribed our names. Done at the City of 
 Quebec, in the Province of Lower Canada, this 
 second day of April, in the year of our Lord one 
 thousand eight hundred and eighteen, and subse- 
 quently revised, augmented and confirmed by a 
 general Meeting of the Stockholders of the said 
 Company, duly called, assembled and held at the 
 Company's office in the City of Quebec by and in Date ©fori, 
 consequence of six weeks previous public notice 51"' Vprn! 
 specifically stating the object and intention thereof, '^'s- 
 and the revisions, corrections, and augmentations, 
 in the said articles of Association proposed, on "VrlSd"* 
 Thursday the thirtieth day of November in the a»|j|"en««]^^ 
 year of our Lord one thousand eight hundred and vembensas 
 twenty-six. 
 
 lo here- 
 ;t heard 
 
 E ^ 
 
59 
 
 SCHEDULE A. 
 Referred to Page 38. 
 
 Quebec Fire Assurance Company. 
 
 No. 
 
 eerttfitate of pro9rtetorfii|)ip. 
 
 VV HEREAS of has 
 
 Subscribed the sum of Pounds, Currency/, 
 
 to the Capital Joint Stock and Funds of the Quebec Fire 
 Assurance Company, and having conformed to all the Rules, 
 Orders and Regulations thereof noiv in force, has paid into 
 the Treasury of the said Company, in Cash and good and 
 approved endorsed Notes of hand, the Sum of 
 helng an Instalment of per centum on afore' 
 
 said Subscription. 
 
 ^o\s}Mno\x>allMtn'bV! tfie^e ^xt^tnt^, That the 
 
 said is, in virtue of the j!lct of 
 
 Association of the said Quebec Fire Assurance Compare, 
 HEREBY DECLARED TO BE ONE OF THE STOCK- 
 HOLDERS IN AND OF THE SAID COMPANY, AND 
 A PROPRIETOR OF SHARES 
 
 IN THE CAPITAL JOINT STOCK AND FUNDS 
 THEREOF, and as such entitled to Share in all pro- 
 
 fits, gains and advantages, and subject to all Losses or 
 Risk, in the said Quebec Fire Assurance Company, in the 
 proportion of the number of Shares aforesaid, from the day 
 of the date hereof 
 
 And the said shall remain 
 
 and continue to be a proprietor in the said Company in the 
 
 proportion aforesaid, and be entitled to vOTbiS 
 
 at all and every General Meeting of the Proprietors of said 
 
 Company, agreeable to the sai(f Act of Association and sub- 
 
53 
 
 ny- 
 
 o. 
 
 hfJLS 
 
 urrency, 
 bee Fire 
 le Rules, 
 )aid into 
 vQod and 
 
 afore ' 
 
 ject to the several conditions and stipulations in the said 
 Act contained, and to all and every the Rules, Orders and 
 Regulations of the said Company^ that now are or at any 
 time hereafter may or shall be in force* 
 
 In ^Utne00 WitltVtOt, We the undersigned being 
 thereunto duly authorized by the said Company, have here- 
 unto set and Subscribed our Names, and caused our Seals 
 to be affixed. 
 
 AT QUEBEC, This 
 
 day of 
 
 182 
 
 President. 
 
 Secretary. 
 
 That the 
 he Act of 
 omparm, 
 STOCK- 
 Y, AND 
 HARES 
 FUNDS 
 I all pro- 
 Losses or 
 y, in the 
 n the day 
 
 ill remain 
 my in the 
 
 VOTBS 
 t'i- of said 
 
 and sub-