Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1864-03-31

the first day OF September, at the Office Of the ST.
treasurer, in the city OF Madisou, ana the ga
shall be IN lieu OF all state taxes 70 oe PAID
such corporations, respectively
Sec, -. service of any Legal process against q
d corporstioq fsEned unaer tbs ac5 nay BE Id I'd
n, on the president, secretary or agent, orH Hei'f
ie- OF t.fanl bu be found in the county IN Tnlcn.
5elr articles - assoc! alton, they are % GO u.
business hen suca servIce may be n ade py pos'i
st-ue cCpv Z; ereof on some conspicuous place
- business aficr of the company IN SAID coun
t.. '<.E3. It the directors OF any such oompa
&c, onally ne-'eeF OF Ee,uf s 70 80, 9o-
shall IL i. ,avis,>' ms and 10 s.s. ase, eights
@n,-sd e p N by sec ions TIN, >-isiptly 3
and ,,.c.,sar this A. / !hey shaii l. ma 81
anu n'nsefe y an ac. ION founded on :,
mr. 49, is i+Hie IS of such corporation contr~
I'd d,,r.n -" - w. 81 OF such Ieglect or refusal
and such of them as ", - ss tens h nesIas,
such directors at any tin g during sutn neglect
refnseI shaII ~ $50 a Risdeine2nor, an
may, conviction her sof, B. Hued so.' ot =
eeeding i've thousand dollars, ha.p in - II;
term not exec edipg two wears or o'H' - NA4S S''
cretion of the court. :; 49,
| Sec. 2t. it 81 ali be lawful for any S!a:us ZOE
pauy ssseciatog under this sct,t provl, eAe ~
ticles of association for having business once
such company out OF this state, at any plal "1'u
| in the United States, and to hold any meet. u
| the stockholders or directors of sucn conpan,
such Office provided for but every such conn =
ny having its business Office out of this state, SHAH
have Office Tor the transaction OF busines. with
in this state, to be also designated ia such articles
Sec 25. Any mining company organized ana TO-
ing business under any special charter, may at
any time by vote of ajorlty in interest, of its
stockholders dissolve its organization, and ryan
ize under this act. and any company so ganiZIn
under said act, shall have the rsh5 10 pref renee
TO any other company, to assume tie by
which it known in its former charter pr0Uided,
Ii ptrtects its organzaUlon within sixty after
dissoI7iag spe ciai charter and perfecting
its organization according the provisions of said
act it shall be entitled to all the rights privileges
and Immunlties therein contained, anu the prop
erty, effects and rights of action of the company
shalt pass and be vested in the company SO or
| ganized, and the debts, liabilities ami emands
listing against the company so dissolved, shall be
and remain debts, liabilities and demands against
the newly organized company, a. may be prose-
cuted against tin like manner aud to like effect
they might have been against the company dis
| solved
Sec. 20 1t shall be lawful for any mining COM
! pany organized under any charter or general law
OF this state to aubscr be for and take stock in
pankroad or railroad for the purpose ustrucs-
| ing such road to the mines; and the amount of its
| capital SO subscribed and paid out, sha l. for the
| purpose OF taxation, be deducted from the capital
! OF such mining company, and shall be taxed only
as the capital of such plsnkroad or railroad
i Sec. p The president and secretary of every
such mining company, subscribing or takins stock
! In any plank or railroad, shall, or before the
! first day of May, in each year. make, under their
hands, return to the state treas urer, verified by
their several oaths, stating the amount which So Oh
! mining company has subscribed and paid in every
plank or railroad, and also in what particular road.
/ sec. IS. Amy mining company organized under
the provisions of this act, hereby authorized to
consolidate with and purchase from any other mi
| ming corporation, organized under any specia. or
general law OF this state, ali its property rights
and franchises, upon such terms as shall be
mutually greed upon and the stockholders of
| the corporation whose property, rights and fran
chises are thus purchased shall become stockhoid-
ers of the corporation purchasing the same, in such
proportions shall be agreed upon in the terms of
sale and the corporation thus selling its property
rights and franchises, shall become merge in and
| consolidated with tie corporation buying t,e
same.
Sec. 20. No consolidation of one mining corpor-
alton with another, under this act, shall take place
without the prior assent thereto of a majority of
the stockholders of each corporation at the annual
meeting of the stockholders at special me eting
| duly called for that purpose.
| Sec. 80. Any mining corporation thus purchas-
ing the property, rights aud franchises of another
shall have power TO cali in and cancel its prior
cates of STOCK and to make and issue its stock
holders including those of the corporation to be
consolidated with il, certificates of stock in
such proportions to each each shall be entitled
to, according TO the terms of consolidation, as
agreed upon, and to forfeit the stock of any stock
holder who shall not return his stock to be
ed aforesaid within ninety days after actual no.
tce of the resol uton OF the corporation calling
IN its stock who shall not return it after publ
cation of notice of said resolution for ninety DAYS
in some newspaper published in the state of Wis.
consin.
biities OF any corporation thus selling It's roperty
rights aud franchises to another, shall be and re-
man in force against the corporation purchasing
the same, in like manner If originally incurred
by it. and all rights of creditors and all liens upon
the properly of either corporation, shall remain
unmpaired, and The respective corporations shall
continue to exist, so far may be necessary en-
! force the same.
| Sec 81. No corporation with which another may
be consolidated under this act, shall be allowed to
increase its capital ock by virtue of this act bat
such corporation shall be subject to provisions
! Of section six of this act.
Sec. 33. If any corporation organized and es-
tablished under this act, shall wlfuIy violate any
of its provisions, and shall thereby become insoI-
vent, the directors ordering asserting to such
violation shall jointly and severally be liable, in
az action founded upon this statute, for all debts
con ed after such violation.
Sec. 81. The legislature may, ar any time, for
just cause rescnd the powers of any corporation
created pursuant to the provision. of this act and
prescribe such mode may be necessary or expe-
dent for the IS, settlement OF its affairs.
force from and after its passage and publication.
Approved March IS, 1864. rs COPY.
Published March 10, 1864.
CHAPTER 1853.
AN ACT to amend chapter l22 of the revised stat
ues, entitled % of the forms of civil actions and
parties thereto.'
The people of the state of Wisconsin, represen
in senate and assembly, 10 enact as fellows:
Section 1. Whenever it shall appear to the
court in which action is pending, either by the
affidavit of party to the action, by the
properly verified, of any party to the action, that
complete determination the controversy be
had without the presence of other parties or that
any person, not party to the action is interested
in the subject matter of the controversy and
whose interests IN SUCH subject matter such
should be protected, it shall be the duty of the
court, at the instance of any party to the action,
to enter order upon the minutes Of the court,
making the person persons so interested q party
to the action, and shall, at the time provide
that copy of such order, together with notice of
the ject of the action, shall be served upon the
person persons made parties the action
and shall prescribe the manner in which such SER
vice shall be made, and ase the time within which
such person or persons served shall appear and
file in such action, which time shall not
be less than twenty days from the time of the SER
of such notice and if the person persons so
made parties shall be minors, it shall be the du-
ty of the court to appoint guardians for such mi
nors, which appointment shall be made in
accordance of the provisions OF the statutes.
Sec. 2. When an order shall be entered, bring
ing in other parties. as provided in section of
this act, the action shall stand continued until the
time prescribed by the court for the persons so
made parties TO answer, shall have expired; and af
ter the expiration of the time prescribed the
action shall be proceeded with in liz manner and
with like effect, actions in which all the parties
thereto were made parties in the first instance.
Sec. 8. The act shall be held to Apply to cases
now pending, and shall take effect from and after
the passage and publication thereof
Approved March 10, 1864. EICOPY.
Published March Is, 1884,
CHAPTER l69.
AN ACT to authorize trials by jury In certain
The people Of the state of Wisconsin, represented
in senate and assembly, do enact follows:
Section l. Every issue of fact Joined in an &C.
ton brought in any court of this state for the
closure or satisfaction of a mortgage upon real
estate, which has been heretofore may here after
be executed to any corporation, upon demand of
either plaintiff or defendant, shall be tried by
iI1rv aph rba f;TTy of i4ry tn