The Northern galaxy, and Middlebury people's press. [volume] (Middlebury, Vt.) 1843-1844, 1843-11-29
LAWS OF VERMONT.-IS43


Sec1 The provisions of section sew
enteen of the act relating to banks, ap-
proved October 10, 1910, which prohib-
its any company or corporation from be-
ing indebted 70 any bank in this state, in
greater amount than ten per cent, Of the
capital paid in, shall not be construed to
extend TO deposits made by such bank in
the banks in commercial cities where
such bank keeps an account, for the pur-
pose of deposit, collections and The ordi-
nary business transactions with said bank.
Sec. ?. Section twenty-five Of said act
is so altered as to read, that no loan shall
be made, or any note or bill discounted,
exceeding fifty dollars, without the appro-
val of majority of the directors.
Approved Oct 1913.
No. 1S-An Act, TO encourage and pro-
mote Agriculture.
1t is hereby enacted by the General As
sembly of the State of Vermont, as fol-
lows -
Sec. /. 1t shall be lawful for any num-
Der of persons, in any county in this state,
to associate together and form a county So
ciety, to encourage and promote agricul-
lure therein; and any such society, when
organized according to the provisions of
this act, shall have all the powers of cor
poration or body polite, and may sue and
be sued, impIead or be impleaded, prose-
cute and defend to final judgement and
execution, in any court of law or equity /;
and NAV purchase and hold all the real
and personal estate which shall be neces-
sary to best promote the object ofsuch as
ISOLATION, and which estate shall be exclu-
sively devoted to such object.
Sec. .. Such societies shall be formed
by written articles Of association, subscri-
bed by the members thereof, specifying the
objects of the society, and the conditions
OH which subscribers shall become men,
bers thereof, and the first meeting shall
be notified and held in the articles of asso-
citation They may adopt corporate
name, either in the original articles of as
ISOLATION; or by vote at the first meeting
thereof, in which such society shall be or
ganized, and may at any meeting adopt
corporate seal and alter the same at pleas
ure.
Sec. 3. Such societies, not exceeding
one in each county, Shall be organized,
by appointing president, two vice presi-
dents, secretary and treasurer, and such
other officers as they may deem proper, to
be chosen annually, and to hold their pla-
ces until others are appointed.
Sec. 4. When any such societies are
organized as aforesaid, they shall have
power to adopt all such bylaws, rules. and
regulations. as they shall judge necessary
and expedient, TO promote the objects
thereof, not inconsistent with the constitu-
ton and laws of this state.
Sec. 5. 1t shall be the duty Of the Sec
rotary or clerk of every such society,
to keep fair records of all the proceedings
of the same, in book provided for that
purpose, and such records may be read in
evidence in any court where the interest
of such society is concerned.
Sec. 6. When it shall be made to ap
pear to the satisfaction of the Treasurer of
this state, that any such society is duly or
ganized in any county, according to the
provisions of this act it shall be the duty
of the Treasurer aforesaid, to pay, annual
". to the treasurer of every such society
so organized as aforesaid, on application
made therefor, such sum out Of the treas
ury of this state as will be in proportion to
the population Of the county where such so
ciety is organized, estimating two thous-
and dollars on the whole state, and taking
the census of $40 as the basis of calcula-
ton until the next census IS made. Pro-
yided. nevertheless, that no such society
shall draw any money out Of the treasu-
nv of this state, as aforesaid, in any year,
until it shall also be further made to ap-
pear to the satisfaction of the Treasurer
thereof, that there shall have been subscri-
bed and paid into the treasury of such So
ciety, for the sole use and benefit thereof,
for the year in question, a sum, not less
than the sum that said society shall be en-
titled to from the state, according to the
provisions Of this act.
Sec. I. All monies, so subscribed, or
received from the state as aforesaid, shall,
after paying the necessary Incidental ex
penses of such societies, respectively, be
annually paid out for premiums, awarded
by such societies, in such sums and in
such way and manner as they, severally,
under their bylaws, rules and regulations,
shall direct, on such live animals, articles