Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1857-11-27
THE FREE PRESS MORNING. NOVEMBER 1857

SEC. The chief engineer and in his
absence the assistants in the order Of their
rank shall, under the supervision Of the
prudential committee, have charge OF oil
the apparatus in such district, for the pre-
vention and extinguishment Of fires, and
shall cause the same to be constantly kept
in scrviceable order.
SEC, 10. The members of any fire CON-
ptny in any such district, to the mum her
OF forty. shall not, in time Of peace, he re
CURED to do military duty under the law
VI this state
SEC. IL. This act shall take effect from
its passage.
Approved, November 10, 1857.
No. IAN ACT Relating to villages.
Is hereby enacted. DC.
SIC 4 The fifth, sixth, seventh, eighth
AMI ninth sections of chapter eighty-two of
the compiled statutes, relating to towns
ana other communities, shall be applicable
TO all Incorporated villages, authorized by
law TO raise money by a tax on the grand
list, In the same manner and to the same
extent az IT the word "villages" had been
inserted in connection with the word town,
whenever 1t occurs IN either of said sections
SEC z. The trustees Of any such vii.
lage. whenever demand of payment is made
on an execution against said village by a
proper officer. If there shall not he available
funds belonging to such village sufficient to
satisfy such execution with all charges,
shall forthwith make and deliver to the col
lector Of taxes for such village a tax bill on
the list of the inhabitants of such village,
and such real estate upon which they are
authorized to raise money, payable within
elxty days from such delivery, sufficient to
pay such execution and all legal charges
thereon, with twelve per cent. interest, and
all other incidental expenses, which tax
shall be deemed to have been regularly vot-
ed at legal meeting Of the voters of such
villa duly warned for that purpose.
Approved, October %, 1857.
M. 3s.-AN ACT to enable Insurance com.
panies to comply with the laws of other
States or countries.
IL is hereby enacted, dc.
Sec. l. 1t shall be lawful for anv life IN.
surance company chartered in this State 70
post with the treasurer of this State, or
the controller or chiaf financial oficer OF
another State, any funds or securities OF
such companies which the laws OF any 9th
er state or country may require, to enable
the company OF companies of this State "
establish agencies and prosecute the bust.
ness of insurance within such other ststes
or countries.
Sec 2. And it shall be the duty of the
treasurer of this State to safely keep said
securities for the benefit OF all the policy
holders OF such company but npsnies
so depositing shall At all times have the
right to receive the interest or dividends
upon such mortgages or stocks. or to ex-
change them for others of equal value.
Sec. 3. This act shall take effect from
its passage.
Approved, November 10, 1857,
No, 39.-AN ACT for the distribution of
The Grammar School funds of Orleans
County
Nis hereby snsctsd. dc.
SEQ. |. All income. rents and profits.
derived from the Grammar School lands in
the county of Orleans, shall hereafter be
equally divided between the Orleans couptv
gramm r school at Bloomington, the Crafts
bury academy, the Derby academy, the
Orio.ns liberal in.tit"so as Clo~.- .nd .ho
B'rton academy: and the four institutions
first named shall hereafter pay to said Bar
ton academy, the Westheld grammar school
the Albany academy, and the Missl-quoi
Valley academy. to each of them, one-eignt h
part vf all such sums as they may receive
nom the rents and profits Of said grammar
school landr, 30 that they shall all share
alike: Pror,ded, if tho school At said Bar.
ton academy, the said Wsst6eld grammar
school, the said Albany academy. or %
said Mirsisquol Valley academy, be either
OF them suspended tor the term Of one full
year or more as any one time, the funds to
which such school or schools would be en-.
titled under this act shall be divided among
the other schools during such suspension.
sec 2. This act shall be under the con-
troll of any future legislature, to amend
alter or rrPaal.
Sec. g. This act shall take effect from
lite passage.
Approved, November 10, 1857.
No. 40.-AN ACT relating to Certificates
OF Stock in Corporations.
Hn hereby enacted S..
Sec. |. Whenever any certificate ofthe own
ershlp OF any share or shares of the capt.
tai stock OF any corporation in this State
shall be lost or destroyed, and the owner of
such certificate shall desire to obtain a new
certitc ate for such share or shares, he shall
advertise such loss or destruction, with a
description of the certificate, in two news
papers, one published in the vicinity OF the
residence of such owner, and one ublished
In the vicinity OF the place of business of
such corporation, at least i've weeks sue
cessively, and notice Of such loss with u
description Of such certificate shall be post
ID up in the office of such corporation Tor
The same length OF time and three mon hs
Ifter such publication and notice, no other
person claiming such shares, such oorpo-
alton snail issue tosuch owner u new oertif-
'ate for such shares, which new oerti6cas o
hall state that it 10 issued in lieu of one
ost or DESTROYED and such corporation
hall not DO liable to any person thereafter
N account of suoh original certificate.
Sec. 2. If any person shall claim such
harss by virtue OF such original certi6osts
'efure the issuing OF such new certificate,
II if suoh corporation shall refuse 10 issue
uch new certificate - provided in section
ne Of this act, any person interested NAV
'etition the court of chsncery for relief in
he prsmisssAnd such court may st any t. he
n such petition and notice, in summary
manner. make such order In the premises a.
he case may require.
Approved, November 10, 1887
70. u.-AN ACT relating TO Banks.
1t IS hereby enoe!sd, dc.
Sec. |. Until the next session of the le.
islature, the bank com mi ssioner NAV,
fter full Elimination of any bank, its
ituation and its previous course. act as in
rs opinion the public good requires, as to |
'hen or how soon proceedings shall he in
tituted against SUCH bank. And the chan
ellor shall have, on partial or full exam
nation of the case, like discretion as to
Vhen or how soon such case may be dis |
'csed Of.
Sec 2. This act shall taKe effect from it's
Massage.
Approved, November IL, 1857.
70. 42.-AN ACT 10 relation to Savings
Banks
Hn hereby enacted, dc.
Sec. !. No president, vice president.
reasur'r, secretary. trustee. or other Off
er OF any savings bank or institution for