The daily Minnesota pioneer. [volume] (St. Paul, Minn.) 1854-1855, 1855-07-28
~ BLISHED BY AUTHORITY
Laws Of Minnesota for 1855.
To incorporate the Territorial immigration Society

10 incorporate the Territorial immigration society,"
SEC /. Be ii enacted JyM tie Legislature As
sembly Of the Territory Of Minnesota
That VIM. Moot, F. Emmert, Julius Georgii, G.
REM, Philip Constans, H. Gross, S. Schliek, J An
derson, J. H Hstrom, and their associates, be and
they hereby created body corporate, by the
name OF the "Territorial immigration Society,"" and
contracted with, and and be sued, plead and be
impleaded to acquire, hold, enjoy and convey prop
erty, real and personal; and to common seal,
and to change, renew break the pleasure;
shall have all the powers and privileges incident and
necessary to the proper objects of the said society.
5 z. That the corporate concerns of the society
shall be managed by board of trustees consisting Of
not less than five members, majority of the board
shall constitute quorum for the transaction of bust
ness.
So That the board of trustees shall have power
10 appoint president, secretary, treasurer and such
other officers they may deem necessary and to
make such by laws rules and regulations as they may
deem proper; provided, that such by laws rules and
regulations be not inconsistent with the Constitution
and laws of the United States the Organic Act or
laws Of this Territory.
4. That the capital stock of said ,ociety shall be
limited to three thousand dollars; and shall be dv-
ded into shares of such sums the said board Of
trustees may DETERMINE and each share shall entitle
the thereof votc but stock shall be voted
upon which is delinquent in the payment of any in
stallment which has been duly called for, and
jority Of the stock entitled to shall be represent
ed in order to constitute quorum for the transaction
ofbusiness; majority Of all the votes present shall
determine all questions to the stockholders.
5. The said corporation shall be permitted 10
hold such property may be deemed necessary for
the objects of its institution and the capital stock Of
the society shall be transferable by assignment the
books Of said society.
Sc. The stockholders shall meet on the first Mon
day Of April annually, and elect, by ballot trustees,
and transact such other business may come before
them; said board of trustees shall have power to fill
all vacancies that may in their board and shall
hold their Offices until their successors are elected
Ind qualified.
what purchases, sales and contracts shall be made;
and all deeds, leases and contracts made in writing,
may be signed on behalf OF the society, by the pres-
dent Of the board Of trustees, by the trustees them
selves, or by such agent the bOard may appoint.
So. The objects Of the said society shall be the
Establishment OF regular system Of immigration into
this Territory, and the trustees shall have power to
provide such means may be best calculated to
ry this object; and may invest the funds Of said
society in such manner they shall deem proper;
provided that the funds Of the society shall be always
applied in such manner rs to promote the best inter-
ests Of the immigrant for whose especial benefit this
society is hereby incorporated
80. The society may establish such offices and APP
point such agents as they may deem necessary; and
they shall establish and maintain an immigration Of
officers, such agent as they may appoint, shall
be constantly in attendance at said office for the pur
pose Of giving such information and assistance to any
and all immigrants who may arrive here and may be
in need OF any such information assistance.
S 10. The said society shall have power to estab-
sh emigration agency in the city Of New York
and appoint an agent to perform the duties OF said
agency, whose compensation shall be fixed by the
board of trustees, and shall! be paid Of the capital
stock Of the society.
IL. Nothing in this act contained shall be 50
strued as to exclude any creed, language country
from the benefits Of the society, but that all shall he
alike provided for.
II. The treasurer before entering upon the duties
Of his Office shall give bond in such penal the
trustees shall direct, and with such securities they
shall by vote approve, conditioned for the faithful
performance Of his duties, and the delivery to his
successor ut the expiration Of his Office, all funds and
other property, and papers, his possession. belong
ing to said society," and all other officers and agents
before entering upon their duties shall give like bonds
il required by the board Of trustees.
Sl3. All suits against said corporation shall be by
summons, which shall be served by leaving an attest
ed copy of the with the treasurer, at least sixty
days before the return thereof
II. This society shall lie duly organized on Of
before the tenth day of April next, after the passage
Of this aci.
Is. This act shall be in force from and after III
passage.
J. s. NORRIS, Speaker Of H. Of r.
VIM. P. MURRAY, Pres't Council
Approved Feb. 9th, 1855
w. A. GORMAN.
hereby certify the foregoing to be correct cop,
OF the iginal act on file in this Office.
I