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C-39 - Act respecting certain mutual companies of insurance against fire, lightning and wind

Section 5
Disposition versions

Full text
5. The council, after the completion of the roll, shall, at a public meeting duly convened, cause to be therein entered opposite the description and valuation of each building which it shall not deem advisable to insure, the words “objected to by the council”, and opposite the description and valuation of each building, the owner of which applies to have it insured, and which it deems advisable to insure, the word “insured”, and also the maximum amount of the insurance which it has thought fit to grant in virtue of the by-laws.
Such application shall be made in writing and be signed in presence of two witnesses.
After such meeting, the secretary, upon a similar application in writing, shall enter, opposite the description and valuation of the building which is not objected to, and the owner of which applies to have it insured, the word “insured”, and also the maximum amount of the insurance granted by the council in virtue of the by-laws.
R. S. 1964, c. 295, s. 44.
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