Litchfield enquirer., 1865-09-14
CHAPTER xcYrr1

s't1' CHAPTER xcvrr1. "h 5GJf Aa@ An Act supplementary to ''An Act in addition to
 and in alteration of an act entitled An Act con.
 cernipg Banks, approved July 1lth, ls63."
 Be enacted6y the Senate and House bf Rep. resssst0ttves tm General Assens6ly -convsned !
 SEQ l. Whenever any bank in this State. in pursuance of . vote passed, or authority in writ ing given by the holders of two-thirds or more of it's stocks, has been or shall be converted into a national association for carrying on the business of banking under the provisions of any act of the Congress of the United States, every holder of stock in such bank who expressly assents to such conversion, or who does not signify to such bank, in writing his dissent thereto within thirty days after notice in writing given him thereof, shall, by means of such conversion. become sharehol- der in said national association to the amount of the stock by him so held in such bank, and said no.ice may be given by leaving the same with such stockholder, or at his usual place of abode, or by depositing the same properly, addressed to such stockholder, and with the postage paid there on, in the post-ofRce nearest the place:where the said bank is located provided. that no right al- ready vested shall be affected by this act. @9s f
 SEC. 9 Any person holding stock in bank so converted into National Association, who has not and shall not become shareholder in said association in the manner specified in the pre- ceding section, shall be entitled to receive from said bank the value of the stock so held by him therein; which value shall be ascertained and de. termined by an appraisal made in such manner as the board of directors may prescribe. And in case the value so fixed shall, not be satisfactory to any stockholder, he may appeal to the bank commissioners residing nearest to said bank, who shall make re-appraisal which shall exceed the value fixed by the directors. the bank shall pay the expenses of said re-apprsal. or otherwise the applicant shall pay said expenses; and the value SO ascertained or deter mined, shall be deemed to be debt due to said stockh0lder from the said National Association, until paid.
 SEC. 3. Where any portion ofthe9 capital stock of any bank of this State belongs to the estate of g deceased person, or to minor, or to an idiot, lunatic, or any other person who IS incapable or taking care of himself and managing his afairsj or is held by trustee, the executors or admins, trators of such deceased person, the gnardi an of such minor. the conservator of such idiot lunatic and incapable person, and the said trustee, res. pectively. shall have power and authority to rep resent the said stock in all matters touching the conversion of said bank into . National Associa- ton for carrying on the business of banking, and to subscribe, in their representative or judiciary capacity, to the capital stock Of such National AisUo1 sSc Inv bank of this State that has been or may hereafter be converted into National Association, in accordance with the provisions of this act, or the act to which this is in addition, and at the time of such conversion, held any of the funds of this state whether trans ferrable or not and has refused or shall refuse to allow the state, or such society to become stock holders in the said National, Association, shall pav to the state or such society," their respective shares of SO much of the surplus of said bank as was reserved or accumulated while such funds were held by such bank, the amount of each claim for surplus to be determined according to the provisions of the second section of this act.
 r. EBc g. This act shall not affect any.suit now pending, or any case where the rights of the par ties have been determined by mutual agreement. Approved, July 19, 1865. l2 la njjf:3no5 1
 CHAPTER xCIx.
 An Act relating to Communication of Fares on tss,.s. z,,5, ,yx..@.e, Railroads. .s it..og aA,
 ssat6fives isss General Assenbty eonuensd. tifiR m SKC l. No railroad company chartered by this state which has had in force for more than four years, system of communication of efaHes shall be permitted to abolish, alter, or modify the same, except in regard to regulating the price charged for sueh communication. .asgasai Ylts3A9fn haa
 SEo. 2 The rate or price charged for such con. mutation shall in no case be raised to aii extent that alter the ratio as 1t existed on the rst day of July, 1865, between such commutation and the rates now charged for way fare on such rail. road .,.y t5y,,s sstf,. ts.s;s 3s5a K s..
 SEo. 3. The general railroad con1riissiol,ers shall enforce obedience on the part of aI raiIroad companies, to all regplations which may be i'm posed upon them under the provisions of this act and aiH the powers which the judges of the supe. rlor court and said commissioners can respectiye. l exercise under the thirteenth section of the act ofasbs, entitled An Act to pysysnt ipjpsien and
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