Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1864-05-11

sous en- titled to receive them in the same mann
hat blank rsturns OF elections are now transmit
Sec II. Nothing contained in this act shall be
construed as in aay manner citing the proyisons
sion OF 1868, entitled g an act TO enable the mi
litia and yelnntee.s OF TINS state, when in the
military service of the United states, gof this
state, to exercis- til right OF suffrage" the
acts ndatory thereof
sec Is This act shall take effect and BE- in force
from and after its passage and publication.
Approved April 4. 1884 nA-c0PT.
Published May 2, 1864
CHAPTER Ala
AN ACT relating to elections, and am-ndatory Of
section twenty three of chapter seven of the
yised statutes.
The people of the state OF Wisconsin, represents
in senate and assembly, do enact as follows
Section l. Section twenty-three of chapter seven
of the revised atutes, entitled - OF elections he
hereby amended, as to read as follows: 90 Sec
ton %. Whenever in the opinion OF the inspectors
of election Of any town, more than one election
poll will be necessary for tn convenience of cleo
tors at any general or special election, they are
hereby authorized 10 divide said town into two OF
actiou districts by their order in wri-
ting which shall be immediatel filed with the town
clerk, specifying the metes and bounds of said
district districts and design atng the place pa-
where another other polls shall be held, and
thepersens who shn at as inspectors of election
said poll polls. said division shall be made at
least prior the first day of October, and
notice thereof given by posting up notices in five OF
the most public places in such town, mm edia tely
after such DIVISION Said inspectors shall cause a
copy OF the order creating said new election dis
trct or districts be filed with the clerk of the
board of superv sors in which such district is stu
ated. witinfve days after 1t Is made"
Sec. 2. Thi. shall take effect and be in force
from and after its passage anu publication.
Approved April 4, 1864 a. COPY.
Published May 3, 1864.
CHAPTER 44o.
AN ACT 10 authorize the formation of corporations
for the encouraging and aiding OF Wisconsin in
ventors ana patentees
r. ,a ,l. a
in senate and assembly, do enact as follows:
Section l. Any three or more persons who may
desire 10 form u company for the purpose OF en-
couragng and aiding Wisconsin inventors and pat
entees. may make, sign and acknowledge before
any officer auth orized to take the Acknowledgements
of deeds, and file in che office OF the clerk of the
circuit court of the county in which the bus ness
of the company is 10 be carried on, and also in
the Office of the secretary of state, certificate in
writing, in which shall be stated the corporate
name of said company, the object for which It is
formed, the number o. its directors, and he names
OF the persons chosen as directors for the first
ar, and the amount of a single of its cap
ital stock, and the name of the town and county
10 which the elections and business meetings of the
said company are to and shall be held.
Sec. 2. The capitaI stock of any such company
shall not be less than one thousand dollars,
more than one hundred thousand dollars actu-
ally pald, ana such company shall have perpetual
succession
Sec. 3. The directors of any such company
shall at tb cir first meeting after the filing of said
certificate In the office of the secretary of state,
elect treasurer, tor the faithful performance of
whose duties they shall be seYerally and collect
lively surieties to the creditors of such company,
to the extent of the eys which should be in his
hands, belonging to such company, colIateraIly,
however, to bond for such sum as the directors of
any such company may require and with surites
by them to be approved, and for the same purpose
conditioned: proujded, holCereF, that no such
lection shall take place before said company has
existence.
Sec. 4. After the filing of such certificate with
the clerk OF the proper court, such CLERK shall,
upon proof that like certificate has been filed
with the secretary of state, issue license to he
persons who shall have acknowledged and signed
The same setting forth that they, their future as
Soclates and their successors, shall in fact and in
q anne be a body corporate and polite, by the name
stated in such certificate, and by that name shall
have perpetual succession, and be capable of be-
ing sued in any court OF Law equity in this state
and OF suing in any court of law equity, and
pleasure, ana De capable OF purchasing and hold
ing, conveying and disposing Of real and personal
estate, chooses In in action, and securities negoti-
able or otherwise patent rights. and the unpatent-
testing the value OF the same, and of
securing a patent rig MT for any Improvement or in
VENT on, and to PEI form such other acts be
eXpecent and necessary to enable the said compa
ny to carry their operations aud business named
in said certificate, upon receipt OF which, the said
company shall be body poAtlc and corporate for
all the purp set forth in said certificate, sub
ject however o the further provisions of this act.
Sec. D. The board OF directors named in the
said certificate shall be stockholders of said COM
shall OF be fewer than FIVE and sh all ect
one of their number as president, ami shall have
power to make bylaws and perform such other acts
as the business of the company may require, not
Inconsistent with the laws of this or with its
license.
Sec. 8. An annual election of directors shall G
held at such time and place as shall be designated
n "a notice of the board OF directors, served per-
5onally on each stockholder, or the legal repre-
NATIVE OF stock, sent to his address through
he postoliee, at least fifteen days before the cleo
ton, which shall be by ballot, and the of
each stakeholder and the number of shares repre-
seuted by him or his proxy by any executor. ad-
guardian or curator, shall be indorsed
IL lyaah Stn aE hold laer,
of stock, shall be entitled to one vote for each
share OF stock held b. him, and those persons, TO
he number necessary to constitute such board who
shall have received the greatest number of votes,
shall be directors II from any cause the election
shall not be held as designated, it shall be held
upon such day as may be in lik Re manner designated
by the board OF directors.
Sec Z. Any such company may. Increase the
amount of its capital stock until snct stock shall
have reached the maximum amount or limit pro
oid5d, h0eceUe1, that a statement of any such in
crease shall be filed annually in the Office OF the
secretary of state.
Sec. S. When any vacancy shall occur in the
board of directors, whether occasoned by death
resignation, neglect refusal or inability to ser ,e,
otherwise 1t shall be filled temporarily or for the
remainder of the term, by the board of directors
but majority of til board shall not be substi-
tuted, and when vacancies shall have occurred re-
curing substitution of more than a moiety of the
elected directors, then special election shall for
such purpose be held
Sec. 9. Special elections may be held for the
election OF directors, but all such elections, and
all meetings of stockholder for other purposes
called, snail be called under the provision OF sec
ton Of this act, providing for the call of annual
elections
Sec. 10. The business of any such company
shall be confined TO the aiding and encouraging of
Wisconsin inventors and patteptees, and shall en-
brace the manufacturing of articles patented,
Of experimenting and testing the value Of discov-
cries and improvements before the same shall have
been patented, aud of holding in the name of aud
for the benefit of any such company, not exceed
ing the one-half interest in auy such invention,
improvement or patent, and shall have
all the necessary powers for such purposes, aud
for the disposing of all articles manufactu or
construc ed under its authority and dire tion, aud
of the town, city, village, county state right
which may exist under and by virtue of any caVest
or patent 10 any discovery, invention or improve
me mt in which any such company may acquire an
interest
Sec. II No suck company shall purchase in
any other manner acquire, for money considera-
ton, greater amount than one-tenth interest In
any such discovery, invention improvement ut or pat
eut, but any such company may acquire, not exceed
ing the one-half interest in any such discovery, in
veution, Improvement or patent, if such company
shall propose to test the value of the same and to
benefit of the inventor and any sueh company, or
10 aid the int reduction 60 use of any patented
tiele, by the man ufacture construction of it,
Sec. II The capital stock of every such
pany shall be deemed personal estate, and shall be
the books of he company.
Sec. Is. When the assets and effects of any
ST ch company shall be found to exceed by twenty
five per centum the amount of its capital stock,
upon fling with the clerk of the circuit court a
certificate, signed and sworn to by them, the board
of directors may declare a dividend of any amount