SA Marine, and c, Assurance Co Act 1842 (SA)
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Society established a t -4delaide in the Province of South Australia under he name stjle or, firm of |
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qnd Life Assur~nce | C o n p n y " | as well for the purpose of effecting l b r i n e |
Insurances ~gnins t
loss or damage by Fire Assurances on Lives Smvivorships and Endowments granting nncl purchasing Annuities nud Reversions ns also for discounting Bills of Enchange and Promissory Notes and grantingh n s on Mortg~ge Deposit of Deecls or Bond at Interest and other purposes
, and also for transactin | and negocinting |
things
as arc usunlly !ono~ n d pertbrrned in relotion to or in connection with the ordinary business of Assurance And whereas the said Company is now being carried on in Adelaide aforesaid and is under the care management nod superintendance of four Directon and of a lllannging Director And wherens difficultiesmay arise in recovering debtsdue to the said Company and in maintaining actionsor proceedings for damages doneto their property and also in prosecuting persons whomay steal or embezzle the bills notes bonds mortgages moniesgods chattels o t
effects of the saicl Company | And whereas it would be convenient and just. '- |
that persons having demands against the said Company should be entitled
to sue some member thereof in place and stead of the whole And whereas it is also deemed expedient and necessary that the names residences and
dewriptiona of all the membere of thelaid Company ~hould berecmded for public information but as these pirposescannot be effectedwithout the aid.
and authorityof the Legielature-,
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by and with the advice and consent of the Legislative Council |
orme of theManr-
and suits and all proceedings | |||
instituted | |||
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name of the person who shall be the Managing Director of the said Company at the time any such action | |||
said Company shall be commenced instituted and prosecuted against the | |||
Managing Director for the time being of the | |||
informations it shnll be lawful to state the property of the | |||
the pr0pert.y of such BIwieging Director for the time beiag of the said Company and | |||
or offenders may thereupon be lawfullp convicted of | |||
all other allegations or indicti nents inforlnn tions or other proceedings it shall and may be lawful | |||
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lcsecuted and carried on in the name of |
And be it Enacted That a memorial of the |
set forth in the schedule hereto annexed signed by the said |
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111. Provided always .and be it Enacted That untilsuch memorial a*
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1LO me action mit or other proceeding shall be brought by the mid
Corn say inire ~nien M h
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W. Provided always andbe it Enacted That the Managing DirectorManlyina Direa- b i n g the plaintiff complninant petitioner or defendant in any suoh action~:",~&~~P.' suit petition or other proceedingas aforesaid on behalf of the said Companyshall not prevent or atfect the competency of any such Managing Director so as to prevent him from being
rr witness in any such action suit petition or otherroceeding in the same manner as he might have been if his name had not
&m made use ofa3 such plaintiff compla~naot petitioner OF defendant inmy such action suit petition or other proceeedingV. Provided always and be it Eiacted That execution upon
any decree or judgment in any such action suit petition or other proceeding obtainedbe iuud
B ainat the Managing Director for tbe time being of tbe said Companyonymsmbcr, who
ether he be plaintiif or defendant therein | issued ngninst and levied |
of nny nlenlLcr or members |
W I!onsoever of the said Companyfor the time being in like lnanner and nototherwise then as if such decree or judgment had been obtained against such member or members personally: Provided always t hut every such, Managing Director in whose name any such actiod suit petition or other proceeding shall be commenced prosecuted carried
0% or detknded andevery suzh mem- ber or members against whose goods and chattels lands and tenements.
execution upon any judgment or decree shall be -issued or levied | . + |
shall always be reimbursed and paid out of the funds of the said Company all |
. | such damages dues expenses costs and charges as by the event of any such proceedings such Mnnirging Director or member or members shall |
ut unto or become chargeable with and all such remedies shall be allowed as ktweeo the several members of the
mid Company for thetime beihgas if this Act had not been passed.
And be it Enacted That the provisions in this Act contained shall |
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extend and be constxued deenlorl and taken to extend to the said ComDanv
timer d i d, not-
continunnca of the same whether the said ~ o r n i a n j |
be now or hereafter coniposed of some nll' or any of t,he persons who | |
original or are the present ~nernlxrs thereof or of all or |
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shall | the |
members or proprietors of the said Cor~lpnily or to relieve or discharge them
AM* or any of them from any responsibility dntics contracts or obligation whatso-
ever which by IRW they now &re or fit nny tiiiie hereafter shnll be snbject or
liable toeither betwccli the said Conlpnny aurl others or between the individualmembers of the snid Cornpnng or any of them nnd others or among them-
oelves or in any othcr manner whntsoever except so far the same is affected
by the provisions of this Act and the true intent mid meaning of the same.
ging Director of tho mid Cornpnnyby virtue of this Actthe plaintiff thereinnonruitedforrut
want of proof of the record of such memorial or membrials | ||
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IX. And be it Enacted That the Managing Director of the said year cause | |
Company shall within fifteen days from the First day of January in each | |
X. And be it Enacted That every erson whose name shall be so |
ed
Australian Government Gazette.
Provided'always and be i t Enacted That nothing in this Act |
tained shall be deemed to affect or apply to any right title or interest of | |
Her Majesty Her heirs and successors or of any body or bodies politic or |
. | corporate or of any other person or persons excepting such as are mentioned therein or of those claiming by or under him or them. |
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effect until the |
~ho l l | have been made |
the Governor in the South Australian Government Gazette.
And be it Enacted that when and so soon as this Act shall have |
received the Royal approbation and the notification of such approbation shall have been made as aforesaid by his Excellency the Governor-in the |
6 South Australian Government Gazette this Act shall bo deemed andtaken to be a public Act and shall be judicially taken notice of as such by the
, | - Judges of the Su rewe Court of the Province of South |
GEORGE GREY, Governor of
South Australia.Passed the Council this-Fourteenth day of February One The-d
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A. nr, MUNDY,
Clark af Council. Schedule
SCHEDULE REFERRED TO. -
I | MEMORIAL of the | |
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Directow
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of | of the |
maketh oath and saith that he | . |
memorial signed by
the above namedManaging Director andDimtom
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Sworn tbie |
day of |
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