Milwaukee Board of Fire Underwriters v. Badger Mutual Fire Insurance

The plaintiff' corporation was organized in 1876 pursuant to ch. 146, Laws of 1872, which authorized the creation of corporations for purposes specified, and “any other lawful purpose” other than carrying on manufacturing, mercantile, transportation, banking, or insurance business or any trade except as provided for in the act, by “five or more adult persons living in any county of this stated1 Its membership, according to its articles of incorporation then adopted, consists of its original members, if any survive as members, and such persons and corporations as since the organization have…