Farmers' and General Fire and Life Assurance and Loan and Annuity Company Act 1840
| Jurisdiction | UK Non-devolved |
| Citation | 1840 c. xcv |
ANNO TERTIO & QUARTO
VICTORLE REGINiE
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Cap.
xcv.
An Act to enable " The Farmers and General Fire
and Life Insurance and Loan and* Annuity
Company" to sue and be sued in the Name of
the Manager, Chairman, or any One of the
Directors or the Secretary of the said Company.
[3d J% 1840.]
w
HEREAS several Persons have formed themselves into a
Company or Partnership in the County of Middlesex by
the Name of " The Farmers and General Fire and Life
Insurance and Loan and Annuity Company/' in order to carry on
the Business of making or effecting Assurances on Lives and Sur-
vivorships and against Loss by Fire or Hailstorms, and all such
other Assurances, on Events and Contingences, either connected with
the Duration of Life or otherwise, as may be effected according to
Law, and of granting Annuities immediate, deferred, and contingent
on Survivorship or otherwise, and Endowments, and of purchasing
and selling Reversionary, Life, and other Interests and Securities,
and to make Loans and Advances to be assured out of or in propor-
tion to the Premiums and Sums paid by them, and generally to
carry on the Business usually called or known as Fire Insurance and
Life Insurance, and all Matters connected therewith : And whereas
Difficulties may hereafter arise in recovering the Debts and Monies
due to the said Company called " The Farmers and General Fire and
Life Insurance and Loan and Annuity Company," and in maintaining
Actions
[Local~] 24 T
2190 3° & 4° VICTORIA, Cap.xcv.
Actions for Damages done to the said Company or to the Property
of the said Company, since by Law all the Members for the Time
being of the said Company must be named in every Action or Suit
carried on for such Purpose: And whereas it would be convenient
that Persons having Demands against the said Company should be
entitled to sue the Manager, Chairman, or One of the Directors or
Secretary for the Time being of the said Company : And whereas it
would be convenient that Prosecutions for Embezzlement, Robbery,
or stealing the Property of the said Company, or for Fraud, or any other
Offence against the said Company, should be instituted and carried
on in the Name of the said Company, or in the Name of the
Manager, Chairman, or One of the Directors or the Secretary for
the Time being of the said Company: Wherefore, for obviating and
removing the Difficulties aforesaid, May it please Your Majesty that
it may be enacted j and be it enacted by the Queen's most Excellent
Majesty 5 by and with the Advice and Consent of the Lords Spiritual
and Temporal, and Commons, in this present Parliament assembled,
Company and by the Authority of the same, That from and after the passing
may
sue and
0f
t^js
^ct a^ Actions aX\& Suits whatsoever against any Person or
the
Name
of Persons already indebted or who may be hereafter indebted to the
the
Manager,
said Company called " The Farmers and General Fire and Life
Chairman, or Insurance and Loan and Annuity Company," and all Actions, Suits,
tlaf[0n?of
and other Proceedings whatsoever at Law or in Equity for any
ortheSecre- InJury or Wrong done to any Real or Personal Property of the said
tary for
the
Company, or upon or in respect of any present or future Liability or
Time being. Liabilities to the said Company, or upon any Bonds, Covenants, Bills
of Exchange, Promissory Notes, Contracts, or Agreements whicl
already have been or hereafter shall be given or entered into to or
with the said Company, or wherein the said Company is or shall be
interested, and all Instruments, Petitions, and other Proceedings for
or incidental to the issuing or prosecuting any Fiat in or Commission
of Bankruptcy in England or
Ireland,
or any Sequestration in Scot-
land,
against any Person or Persons already indebted or who may be
hereafter indebted to the said Company, and liable to be made
bankrupt by the Laws now or at any Time hereafter in force relative
to Bankrupts and Traders in England and
Ireland,
or to Sequestra-
tions in Scotland, and all Proceedings at Law or in Equity under any
Commission of or Fiat in Bankruptcy, or under any Sequestration
by, for, or on behalf of the said Company, or wherein the said Com-
pany is or shall be concerned or interested, and generally all other
Proceedings whatsoever at Law or in Equity to be commenced,
instituted, or carried on by or on behalf of the said Company, or
wherein the said Company is or shall be concerned or interested,
against any Person or Persons, Body or Bodies Politic or Corporate,
or others, whether such Person or Persons, or any of such Persons,
or such Body or Bodies Politic or Corporate, or any Member or
Members thereof respectively, is or are or shall be or shall have
been a Proprietor or Proprietors of the said Company or not, shall
and lawfully may be commenced, instituted, presented, and prose-
cuted or carried on in the Name of the Person who shall be the
Manager or Chairman of the said Company at the Time such Suit,
Action, or Proceeding shall be commenced or instituted or such
Petitionr presented, or in £he Name of any One Director or the
Secretary
l
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