The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1854-12-20
Laws Of vermont--session of 1854

Laws Of Vermont--Session of 1885,
= No 20-An Act to punish the fradulel
Il issue and transfer. Of Certificates {
Stock in Corporations.
:, n is bcrcJy ci0rtcd by tkc Genera
u assembly Of ne state Of Vermont, a
fol(o;cS
t SEC. Every president, cashier, treas
Il urer, secretary. or other officer. and cy
o cry agent of any bank, railroad, manu-
featuring. or other corporation, who shall
' wilfully and dcsignedly sign. with intcn
; to issue, sell or pledge, or cause to be is
, sued, sold, or pledged. or shall rilfulll
and designcdly issue sell, or pledged, o
cause to be issued sold. or pledged, any
; false, fraudulent, or stimulated certf
cate, or other evidence of tie ownership
or transfer Of any share or shares of the
capital stock of such corporation, or any
certificate or other evidence Of the own
crship or transfer Of any share or shares
in stock in such corporation, or any NJ
strument rurrortng to be certificate,
Or other evidence of such ownership OF
transfer, the signing, issuing, selling, or
rlcdging Of which, by such president.
cashier, treasurer. or other officer or a.
echt, shall not be authorized BY the
charter aud bylaws Of sudh corporation.
or by some amendment thereof shall be
odjudgcd guilty Of felony, and shall be
punished by u fine not exceeding one
! thousand dollars, and Imprisonment in
tho state prison not less than one year,
nor more than ten years in the discretion.
Of the court
SEC. 2. This act shall take effect
fron its passage.
Approved, November / 1851
No 2l.--An Act III amendment Of sec
tion sixteen Of an act entitled ." An
act providing Tor the organization
Of Private Corporations approved
December ), 1853.
Ms hccctY c"actcd Jy Mc Gcncfui
assembly " the STATE IF lomonf, rs
foliowS
SIC, |. The certificate Of the pres
idont and directors of any corporation.
deposited with, and to bc recorded by
the secretary Of state. aud the town
cork of the town in which said corpora
ton is to transact their business rre
vlOus to the commencing of business b,
such corporation, under aud in lursuan &C
Of section sixteen Of the act to which
this is an amendment, shall, in addition
10 the statement of the amount Of capi
ia! stock actually paid in as required BY
said section, state whether any portion
Of such amount is paid, or to be invest.
ed i'll the business Of said corporutiou.iu
real estate, and if 20. Ut what ,rice or
value.
Approved, November IT, loji.
No. 24.-An Act in amcndrmcnt Of
section eighteen of an act proyiling
for the organization Of Private Cor.
porationa. approved December ). 1888
n is hercJy enacted GY lie Gcacroi
1Sscm5(y If tic .S,atc W IerWOnt, as
f0i/o3rS:
SEC. /. Section eighteen of the act
to which this is M amendments amend
ed SO us 10 read as follows: Every such
corporation shall annually either in the
mouth Of January or july, make a Ger
tificntc, stating the amount of their capi
tai stock actually paid in, the amount in
vested i'll real estate, the amount invest.
ed in personal estate, and the amount Of
their debts and credits, at the time of
making the certificate, as nearly as the
same can be asccrtainod, with the uaine
Of each stockholdcr, and the number Of
shares held by each, at tho date of such
certificate, which certificate shall BE-
signed by the president and secretary of
said corporation, and verified by their
oa,hs or affirmation, and shall be deposit.
cd with the towu clerk of the town in !
which said incorporation is located aud |
transact their business and the copy of
any certificate or report filed, or made |
in pursuance of this section, certified by |
the town clerk to be u true copy Of the |
whole Of such certificate Ur report filed !
in his Office, shall be received in all |
courts and places as prcsumptivc legal |
evidence OF the facts therein stated, as |
against such company, its officers and |
stockholders And it shall futhcr be |
the duty Of such corporation, to cause q
book to be kept by its clerk or secretary. |
in the town in which such corporation is I
located and transact their business. con.
tanning the names of all the holders Of |
stool; therein, alphabetically arranged. !
showing their places Of residence aud |
the number Of shares he'd Ly each, and |,
the time when they respectively became |
the ownera Of such chares, Which book |
shall, during the usual hours of business
Of each secular day, be open for the in. !
srecton of stockholders and all credit,
ors Of such corporation, and their pers
sonal representatives.
Sue. This act shall take effect
from its passage.
Approved. November Q, 1854
~ 20 An Act in addition to chapter
oghty-three OF the Compiled Statutes. |
entitled " Private Corporations
II is hcrcty cHactcd bY the Gcncrai |
.tsSeD,biy Of the Natc ot Vermont, as
f9Gl0Ws:
SIC !. No person shall be eligible /
to, or hereafter hold the Office of pres
ident or director in any private corpora. /
tiou in this state, unless such person Is
bona fdc stakeholder in such corpora
tion.
Approved, November &, 1854
No. 2i--An Act relating TO the Bank /