Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1864-03-30

shall be IN lieu OF all state taxes TO be paid by
such corporations, respectively
Sec %. ervice OF any lega process az ainst ~
corporatiou formed under tn act, may be made
on the president, secretary agent, il neither
| OF them al De found in the county IN which, By
their articles OF association they do their
business then such service may De made by nesting
atrue copy thereof some conspicuous place at
the business ofic- of the company in said co unity
Sec q. II the directors of any such company
shall intentionally neglect o. refuse to comply
VITO the provisions ana 10 perform the duties re-
CURED OF them by ions three five, eighteen
and nineteen of This act they shalt be JOINTLY and
severaiy liable in action foun ded o stat
ute ali the debts of scch corporation
ed during the period OF such neglect refusal :;
and such OF them as Wer- present and acting as
such directors, at any time during such neglect
| refusal, shall 5e guilty of misdensanor, and
may, GA conviction theI eof, be fined sum not
/ ceeding I've thousand dollars, imprisoned for
term not exec ediug two years, both. in the dis
cr-tion of the court.
SIC. al. it 81 al. be lawful for any mining COM
pany associating under this act provide in the
ticles OF association for having business office OF
such company out of this state, at any place with
IN the United States, aud to hold any me etin. of
| the stockholders or directors of suca company
such Office so provided for, but every such compa-
ny having its business office out OF This state,
have office for the transaction Of business with
in this state to be also designated in such articles
! Sec. % Any mining company organized and
| ing business under any special charter, may
any time, by vote Of majority in interest, OF its
stockholders, dissolve it's org cation, and ryan
lie under this act and any company so org nizIng
under said act, shall have the right IN pref
to any other company, TO assume by
which it known in its former charter: prou5ded
1t psrfe its org anizaton within sixty days
dssolyiBg special charter and after peIfecting
its organization according to the DIVISIONS
act it shall be entitled to all the ights, privileges
nd imnunities therein contained ana the pron
erty, effects and rights of action OF the company
shall pass 20 and be vested in the company
ganized, and the debts, liabilities anu demands ex
listing against the company SO dissolved, shall be
and remain debte, liabilities and demands against
| the newly organized company, may De prose-
cuted against IL in like manner aud to like effect
| they might have been against the company SO dis
| solved.
| Sec. Is 1t shall be lawful for any mining COM
! pany organized under any charter or general law
of this state to subscribe for and take stock in any
plankroad railroad, for the purpose of
| ing such road the mines; and the of its
capital subscribed and paid out, sha /, for the
purpose OF taxation be deducted from the capital
| of such mining company, and shall be taxed only
as the capital of such plankroad or railroad
Sec. u The president and secretary OF every
such mining company, subscribing or taking stock
in any plank railroad, shall, before the
first day OF May, in each year, make, under their
hands, rstUrn to the state treasurer verified by
their several oaths, stating the which such
mining company has subscribed and paid In every
plank or railroad, and also in what particular road.
sec. IS. ANY mining company organized under
the provisions OF TINS act Is hereby authorized to
consolidate with and purchase from any other mi
ming corporation, organized under any specia. or
gen era law OF this state, all its property rights
and franchises, upon such terms shall be
mutually agreed upon and the stockholders OF
the corporation whose property, rights and fran
chses are thus purchased, shall become stockhoId-
ers of the corporation purchasing the same, such
proportions as shall be agreed upon in the OF
rights and franchises shall become merged in and
consolidated with tie corporation buying tie
Sec. %. No consolidation of one mining corpor-
alton with another, under this act, shall take place
without the prior assent thereto of majority of
the stockholders of each corporation at the annual
meeting c. the stockholders, at a special meeting
duly cal ed for that purpose.
Sec. 50. ANY mining corporation thus purchas-
ing the property, rights and franchises of another
shall have power TO call in and cancel its prior
tfcates of stock, and to make and issue its
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 term, of consolidation, as
agreed upon and 90 forfeit the stock OF any stock
holder who shall not return his STOCK TO be
ed as aforesaid, within ninety days aftsr actual
tce Of the resolution of the corporation for calling
in its stock, who shall not return 1t after publ
of notice said resolution, for ninety days
| IN some newspaper published in the state Of Wis
consin.
Sec. 81. All dues. demands, contracts and La
biites or any corporation thus selling its roperty
rights and franchise. to another shall be aud
main in force siust the corporation purchasing
the same, in like manner as If originally incurred
by it and all rights of creditors aud All liens upon
the property of either corporation, shall remain
unimp md the respective corporations shall
continue to exist, so far as may be necessary to en-
force ths 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, but
such corporation hall be subject to the provisions
of section six of this act.
Sec. 49, II any corporation organized and es-
tablished under this act SHAH wilIfuliy violate any
of it's provisions, and shall thereby become insol-
vent. the directors ordering or asserting to such
violation shall jointly and severally be liable in
al action founded upon this statute, for all debts
contra cted after such violation
Sec. 81. The legislature may, at any time, for
just cause, rescind the powers of any corporation
created pursuant to the provisions % this act, and
prescribe such mode as may be necessary expo
dent for the settlement of its affairs.
Sec. 50. This act shall take effect and be in
force from and after it's passage and publication.
Approved March IS, 1864. H8- COPY.
Published March 10, 1864
CHAPTER l6S.
AN ACT to amend chapter l22 of the revised stat-
utes, entitled " of the forms of civil actions, and
parties thereto"
The people of the state of Wisconsin, represented
in senate and assembly, do enact as fellows:
Section 1. Whenever il shall appear to the
court in which action is pending, either by the
affidavit of party TO the action, or by the answer
properly verified, of any party to the action, that
complete determination OF the contrOversycannot be
had without the presence of other parties, Tia.
any persen, not party the action is Interested
in the subject matter OF the controversy, and
whose interests In such subject matter such as
should be otected, it shall be the duty of the
court, at the instance Of any party to the action,
to enter order upon the min utes OF the court,
making the person or persons so interested party
TO the action, and shall, at the same time, provide
that . copy of such order together with notice of
the object Of the action, shall be served upon the
person r persons made parties to tue action,
and shall prescribe the manner in which such ser.
vice shall be made, and also che time within which
such person or persons so served shall appear and
file answer in such action, which time shall not
be less than twenty days from the time of the
of such notice and if the person persons
made parties shall be minors, it shall be the du-
ty the court to appoint guardians for such mi
nors, which appointment shall be made in
accor3auce of the provisions of the statutes.
See. 2. When order shall be entered, bring
ing in other parties. provided in section of
this act, the action shall stand continued until the
time prescribed by the court for the persons
made parties to answer, shall have expired; and af
ter the expiration of the time so prescribed the
action shall be proceeded with in like manner and
with like effect, actions in which all the parties
thereto were made parties in the first instance.
Sec. s. The act shall be held to Apply cases
pending, and shall take effect from and after
the passage and publication thereof
Approved March 10, 1854. RB-COPY.
| Published M.rsh 10, 1854
CHAPTER I69.
| AN ACT TO authorize trials by jury IN certain
The people OF the state of Wisconsin. represented
in senate and assembly, do enact as follows:
Section I. Every of fact joined in
ticn brought in any court Of this state for the fore
closure or satisfaction of mortgage upon real
estate which has be heretofore may here after
| be executed any corporation, upon demand of
| either plaintiff defs dsnt, shall be tried by
| jury, and the finding OF tue jury to such issue
OF fact, shall be hnai and conclusive concl usive
| as in other cases of trial by jury.
| Sec. 2. All acts and parts OF acts Inconsistent
with eontrareniog the provisions OF this act,
| hereby repea ed.