Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1854-11-30
VOLUME XI. NO. 49.

"Sec. 2. Each sheriff, before entering upon
the duties of his Office, shall beceme bound, by
way OF recognizance, in the sum of ten thous-
and dollars, with two or more sufficient sure
ties, to the treasurer Of the county, before one
of the judges of the supreme court, or the two
assistant judges Of the county court Of their res
pective counties, for the faithful discharge of
the duties of his office. and shall take the oath
of Office, before one of said Judges, who shall
certify the oath on the sherif's commission.
Sec. 3. This act shall take effect from its
passage. 1
Approved, November 8, 1854.
No. 2O.-An act to punish the Fraudulent Is
sue and transfer of Certificates of Stock in
Corporations
1t as hereby enacted by the General Assembly
Of the State Of Vermont, as Jollows:
Sec. /. Every paesident, cashier, treasurer,
secretary, or other officer, and every agent Of
any bank, railroad, manufacturing, or othey
corporation, who shall wilfully and designedly
sign, with intent to issue, sell or pledge, OF
cause to be issued, sold, or pledged, or shall
wiltully and designedly issue, sell, or pledge,
or cause to be issued, sold, or pledged, any false,
fraudulent, or simulated certificate, or other
evidence Of the ownership, or transfer of any
share or shares of the capital stock of such cor
poration, or any certificate or other evidence Of
the ownership or transfer of any share or shares
in stock in such corporation, or any instrument
purporting to be certificate, or other evidence
Of such ownership or transfer, the signing, issu-
ing, selling, or pledging of which, by such pres
ident CASHIER treasurer, or other officer or agent,
shall not be authorized by tho charter and BY
laws of such corporations, or by some amend
nent thereof, shall be adjudged guilty of felony,
and shall be punished by a fine not exceeding
one thousand dollars, and Imprisonment in the
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 from its
passage.
Approved, November l, 1854.
No. 2l.-An act in amendment of section six
teen of an act entitled "an act providing for
the organization of Private OorpaYations,''
Approved, December 5, 1858,
Ii IS hereby enacted by the General Assembly
of the State Of Vermsnt, as follows:
Sec. l. The certificate Of the president and
directors of any corporations, deposited with,
and to be recorded by the secretary of state, and
the town clerk of the town in which said cor
poration is to transact their business, previous
to the commencing of business by such corpora
ton, under and in pursuance of section sixteen
of the act to which this is an amendment, shall,
in addition to the statement of the amount Of
capital stock actually paid in as required by
said section, state whether any portion of such
amount is paid, or to be invested in the business
of said corporations in real estate, and if 30,
at what price or value.
Approved, November II, 1851,
No. 22.-An act in amendment of section eigh-
teen of an act providing for the organization
of Private Corporations, Approved Decem-
Der 5, 1858. A
II is hereby enacted by ihe General Assembly
Of the Stale Of Vermont, as.tollo,es:
Sec /. Section eighteen Of the act to
which this is an amendment, is amended 50
us to read as follows; /" Every such corpora
tion shall annually, either III the month of JAN
uary OF July, make certificate, stating the
amount Of their capital stock actually paid
in, the amount invested in real estate, the amount
invested 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 as
certained, with the name of each slockholder,
and the number of shares held by each, at the
date of such certificate; which certificate shall
bo signed by the president and secretary OF said
corporation, and verified by their oaths or af
frrnation, and shall be deposited with the town
clerk of the town in which said corporation is
located and 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 true copy of the whole OF
lsuch certificate or report fled in his office, shall
be received in all courts and places as presamp-
tive legal evidence of the facts therein stated,
| al nH, n1 II
holders And it shall further be the duty Of
such corporation to cause book to be kept by
its clerk or secretary, in the town in which such
corporation is located and transact their busi-
ness, containing the names of all the holders Of
stock therein, alphabetically arranged, showing
their places of residence and the number OF
shares held by each, and the time when they
respectively became the owners of such shares,
which book SHALL during the usual hours of
business of each secular day, be open for the
inspection of stockhoder and all creditors OF
such corporation, and their personal representa-
tives."
Sec. 2. This act shall take effect from its
passage
Approved, November 8, 1854.
No. 23.-An act in addition to chapter eighty
ty-three of the Compiled Statutes. entitled
.sprivate corporations"
Ii is hereby enacted by the General ASSEMBLY
of the State Of Vermont, as toHows:
Sec. |. No person shall be eligible to, or
hereafter hold the Office of president or director
in any private corporation in this State, unless
such person is bona yfde stookholder in such
corporation.
Approved, November, 1854.
No. 4-An act relating to the bank sharCs Of
nonresident stockholders.
1t is hereby enacted By the General Assembly
of the State Of Vermont, as .folloSs: ...
Sec | The cashiers of the several banks in
this State shall, on or before the first day Of
August of each and every year, deduct from the
dividends upon the shares hereafter mentioned,
and pay over to the treasurer Of this State, one
per centun ON each and every share owned by
any person OF persons residing without thi:
State, or which may hereafter be owned by any
person or persons residing without this State.
Sec. 2. 1t shall be the duty Of the cashisr'
of the several banks in this State to certify v
the treasurer of this State on or before the frs
.. day of August annually, the name Of the per
= son or persons, and the amount OF stock or mum
Der of shares such person or persons,if any ma.
y own in such banks, who live or reside withou
> this State. .--l.,..... ~.
i. Sec. 8. On or before the first day Of Septena
ber, annually, the auditor Of accounts shall ai
certain the whole amount paid into the treasur
of this State, agreeably to the provisions, {
;. this act, for the year previous, and shall sppo,
!. ton the same among the different counties, ~
cording to their population at the previous Ger
l., sus, and shall forward to the treasurer Of eas
y county an order on the State Treasurer for Il
If amount SO apportioned to each county as afsr
a. said.
90 Sec a. Sections twenty-three, twenty-for