SEC. 5. All portions of the original act incorporating said company inconsistent with this act are hereby repealed.

Approved June 16, 1864.

Upon the petition of The Travelers Insurance Company of Hartford:

are

Resolved by this Assembly: SECTION 1. That The Travelers Insurance Company be, and the same hereby, authorized and empowered to insure persons against loss of life or personal injury resulting from any cause.

SEC. 2. All portions of the original act incorporating said company, inconsistent with this act, are hereby repealed.

Approved May 31, 1865.

Upon the petition of The Travelers Insurance Company of Hartford:

Resolved by this Assembly: SECTION 1. That the annual meeting for the choice of directors of said company shall, after the year 1866, be holden at the city of Hartford on the first Tuesday of July in each year, or such other day in the month of July as may be determined by the by-laws of said corporation.

SEC. 2. That The Travelers Insurance Company be, and the same is hereby, empowered to confer endowments, grant and purchase annuities, upon such conditions, and for such periods of time, as may be determined by said corporation. The policies of said company may be issued for the benefit of and payable to married women; and all contracts of insurance, thus beneficial to married women, whether made with said married women or other persons in their behalf, shall be, if so expressed in the policy, the sole and separate estate of said married women, and may be made payable, at the maturity of said policies in the case of previous death of said married women, to their children; and the discharge of such policies by said married women, or their assigns and their children (or their guardians, if minors), in case of the

death of said married women, shall be a valid discharge of said contracts.

SEC. 3. Said company may issue policies, stipulated to be with or without participation in profits; and all dividends alloted to such participating policies, which shall not be claimed and called for within two years after the same shall have been declared, shall be forfeited to said company.

SEC. 4. It shall be competent for said company to re-insure any and all risks taken under its charter, and upon such conditions as may be prescribed by the directors.

SEC. 5. Said company may, from time to time, invest, collect and re-invest the whole or any portion of its capital and surplus funds in any bonds or stocks of the United States or of any of the States of the Union, or of any incorporations which are or may be created under authority of the United States or of any of said States. Approved June 6, 1866.

Resolved by this Assembly: SECTION 1. That the annual meeting of The Travelers Insurance Company shall, after the year 1883, be holden in the city of Hartford on the second Wednesday of January in each year, or such other day in the month of January as the by-laws of said company may determine.

SEC. 2. So much of the charter of said company or any amendments thereto as requires the annual meeting to be held "on the first Tuesday of July, or such other day in said month of July," is hereby repealed.

Approved April 24, 1883.

WHEREAS, It is the duty of The Travelers Insurance Company of Hartford, Conn., in obedience to the laws of this State, to reserve a fund for the payment of its obligations, assuming its rate of mortality shown by the actuaries' table and four per cent compound interest upon investments, and as by its charter and the general laws of the State it is authorized to make certain investments of its funds and assets; now, therefore,

Resolved by this Assembly: That it is the business of said company to invest said funds as allowed by law and to hold all real estate wherever situate which shall have been or shall hereafter be obtained in compliance with the provisions of the charter; and all such investments in and acquisitions of real estate are declared to be necessary, suitable and proper for carrying forward the chartered purpose of said corporation. Said company shall have power to invest, in addition to the powers of investment in real estate granted in its charter and amendments, a sum not exceeding five per centum of its assets in productive real estate outside of this State.

Approved April 13, 1887.

Resolved by this Assembly: That The Travelers Insurance Company may insure persons and corporations against loss on account of liability to others for personal injuries, fatal or otherwise, or injury to property connected with personal injuries, resulting from accidental

I, Charles G. R. Vinal, Secretary of the State of Connecticut, and keeper of the seal thereof, and of the original record of the Acts and Resolutions of the General Assembly of said State, do hereby certify that I have compared the annexed copy of the resolution incorporating The Travelers Insurance Company and the Amendments thereto with the original record of the same now remaining in this office, and have found the said copy to be a correct and complete transcript thereof.

And I further certify, That the said original record is a public record of the said State of Connecticut, now remaining in this office.

In Testimony Whereof, I have hereunto set my hand (Seal) and affixed the seal of said State, at Hartford, this twenty-third day of November, 1903 CHAS. G. R. VINAL, Secretary.

BY-LAWS.

Enacted January 8th, 1902.

ARTICLE I.

Stockholders and Stockholders' Meetings.

I.

SECTION 1. The annual meeting of the stockholders of The Travelers Insurance Company shall be held in the City of Hartford on the second Wednesday of January in each year at such hour and place as the directors may appoint, but if the directors, for sufficient cause to them appearing, so advise, any annual meeting may be adjourned and held upon any other day within two months thereafter.

SEC. 2. Special meetings of the stockholders may be called at any time by the President, and shall be called by him whenever thereto requested in writing by a majority of the directors.

SEC. 3. Notice of every meeting of the stockholders and of the time and place thereof shall be given by one of the executive officers of the Company by publication of such notice at least ten days before the time appointed for such meeting in at least two daily newspapers published in Hartford.

SEC. 4. Every meeting of the stockholders shall be organized by the election viva voce of a chairman and clerk. The chairman shall appoint two tellers to receive, count and report the ballots cast for directors, and he may also appoint a committee on qualifications and proxies to inquire and report to the meeting what stockholders are present, duly qualified or properly represented. If the right of any person to vote be questioned, the chairman of the meeting shall upon receiving the report of the committee on qualifications and proxies determine as to his said right, subject to an appeal from such decision to the meeting.

SEC. 5. The stockholders may also at each annual meeting appoint for the year in which the meeting is held, by ballot or otherwise, two auditors to examine and

audit the Company's accounts and to certify the condition thereof, as required from time to time, to the stockholders or to the directors. Any vacancy in the office of auditor may be filled for the unexpired term by the di

rectors.

SEC. 6. At every annual meeting there shall be chosen by ballot from among the stockholders, a board of directors, who shall hold office until the next annual meeting, and until their successors shall be chosen and qualified. Should any vacancy occur in the board, it may be filled by appointment by the remaining directors for the unexpired term.

SEC. 7. The notice of every annual meeting shall designate at what hour the polls will be opened for receiving ballots for directors, and the polls shall be closed at such hour as the meeting may direct.

SEC. 8. The qualified persons receiving the ballots of the largest number of shares shall be elected directors, and so declared by the chairman of the meeting, each share of stock being entitled to one vote for as many directors, not less than seven, as the meeting may determine to elect.

SEC. 9. Stockholders may be present at such meetings in person, or may be represented by proxy or attorney duly authorized, and not less than ten stockholders so present and representing at least five hundred shares of the capital stock shall constitute a quorum for the transaction of business.

SEC. 10. Each stockholder shall be entitled to a certificate or certificates for the number of shares of capital stock held by him, signed by the President and Secretary. Transfers of stock shall be made upon the proper books of the Company in person or by duly authorized attorney, and the officers may direct that the transfer-books be closed and no transfers permitted to be made therein for a period of not more than thirty days before any annual meeting, or for a like period before the payment of any dividend.