London and Its Environs Described, vol. 6 (of 6): Containing an Account of Whatever is Most Remarkable for Grandeur, Elegance, Curiosity or Use, in the City and in the Country Twenty Miles Round ItAnonymous
History
London and Its Environs Described, vol. 6 (of 6): Containing an Account of Whatever is Most Remarkable for Grandeur, Elegance, Curiosity or Use, in the City and in the Country Twenty Miles Round It
Anonymous
London (England) -- Description and travel -- Early works to 1800; London (England) -- Gazetteers -- Early works to 1800
X. Every member transferring his policy, and the executors or
administrators of every member dying, shall within three months at
farthest, give notice thereof to the directors or their clerk, and
bring the policy to the office, to have such transfer, or death,
indorsed, and enter’d in the books, and in default thereof the benefit
of the insurance to be lost. Every of which indorsements to be sign’d
by two trustees at least, and 6_d._ for every 100_l._ on each removal
insured to be paid for the same. Provided, that if the directors do not
allow of such executor, administrator or assignee to be a member, or do
not admit of any such indorsement of any such transfer, or death, (all
questions thereabouts to be decided by balloting) then such executor,
administrator or assignee, or person, shall only have what shall be
due to their respective policies, and all farther demands on the said
policies shall henceforth cease, any forfeitures or disabilities
incurred by the breach of this article, where no loss has happened, may
be relieved by the directors, if from the nature and circumstances of
the case they think it reasonable.
XI. Any members of this society removing their goods from the places
where they were assured, shall have no benefit of such assurance, or
be paid for any loss that may happen, till such removal be allowed by
the directors for the time being; and if notice be not given of such
removal within three kalendar months after the time of such removal,
the policy to be void.
XII. The insurance of any goods, _&c._ in this society, which shall
be insured in any other office at the same time, to be void: And yet
such insurer shall be liable to his covenants. Nevertheless a liberty
is given to insure in any other office, so as such other insurance
is indorsed on this society’s policy, and subscribed by two of the
trustees, for which 6_d._ _per cent._ is to be paid; and in which case a
proportionable part of any loss is to be paid by this society.
XIII. All members sustaining any loss, shall give immediate notice
of it to the directors, or clerk, in order to a view, and shall make
out their loss by the oaths on affirmations of themselves, or by
their domesticks or servants, or by their books or vouchers, or the
Certificates of the minister, churchwardens, constables, or other
neighbouring inhabitants, not concern’d in such loss, or by such other
method as the directors shall reasonably require; and in case of fraud
or perjury, such pretended sufferers to lose all benefits of the
insurance. In case of any violent suspicion of fraud or clandestine
practices, (though the same for want of evidence may not be fully
proved) it shall be lawful for the directors to declare such member’s
policy void, and exclude him the society; and he is never afterwards to
be capable of insuring in this office. All questions relating thereunto
to be decided among the directors by balloting.
Public-domain text, read in full here on John Shaqi.
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