Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1865-04-22
which is rspugnant to OF ine0nsstsn. With tas pro-


comptroller's custody, shall thereafter be exempt
from taxation and assessment for any purpose, IL
whose hands Sever the same may be.
Sec. b. It is hereby declared as portion of the
contract between this state and any Insurance.
company or companies which shall, in pursuance oi
the provisions of this act deposit bonds Of the
of Wisconsin, as mentioned in section one Of this
act thai the state will at the option Of any such
Insurance. company >, take up at par any and all
bonds held by any such company complying with he
provisions of this act, on the first day of January
A. ID. 1870, and the said company may deposit IN
lieu thereof the bonds of the United States: progi-
ded that If the said company companies so hold
ing said bonds, shall fail to elect have the
take the same at par by filing with the secretary of
state notice, IN writing, of such election, on or
pefore the first day ofJanuary, 1862 then the said
bonds shall be subject to taxation in all respects
the same if this act had passed. and the state
shall not be bound to redeem them until due.
See IL This act shall take effect and be in force
from and after it's passage and publication.
Approved April 8, 1865 pcoPY.
Publ shed April 4, 1861
CHAPTER 2s2
AN ACT to facilitate the conversion of the state
currency, and to provide for taking up certain
state bonds.
The people of the state of Wisconsin, represent
ed in senate and assembly, do enact follows
Section /. Payment of the purchase money is re-
quired to be made immediately all certificates of
sale of school, swamp and other state lands hereto
fore issued, in all cases where than one year
has elapsed since such purchase money became due
according to the terms of such certificates; and in
4
| soon as one year shall elapse after the purchase
money shall have become due. Payment is also
! required to be made immediately upon all loan and
purchase money mortgages executed to the state,
/ In all cases where such mortgages have been due
| according to their terms for more more than one
years and in all other cases, payment OF such
mortgages shall be required one year after the
same shall have become due according to their
terms The commissioners of school and univer
sty lands are hersby authorized forfeit all lands
on which the payment shall not be made according
to the foregoing requirements, except lands belong
ing TO persons in the military naval service Of
the United states, minor heirs and widows of per-
sons who have died in the military naval service
OF the Uhited States shall not be forfeited under
the provisions of this act for three years from the
date of the passage thereof: provided, that the
commissioners shall not declare any such lands
forfeited until after the expiration Of six months
from the publication of this act.
Sec. 2. The state treasurer is hereby authorized
to receive any sums of money that may be paid to
him IN the bills OF the banks OF this state, which
were in circulation on the ninth day of March, A
d. 1866, and TO give receipts for such sums which
receipts shall entte the holders Thereof receive
such amount, with interest at seven per cent per
aHnum. Such receipts shall also be received at
the full amount thereof including interest, IN pay
ment of all state taxes for the year 1865, sab
sequent years: pr0uided, that such interest shall
not be allowed beyond the thirty. first day of De-
cember next, nor shall such receipts be issued to
an amount exceeding in all five hundred thousand |
dollars. The state treasurer shall, and after /
the first day OF February, A. ID. 1866, pay to the |
holders of such receipts, presentation, the |
amounts thereof including interest as aforesaid |
and sufficient sum OF money Tor that purpose is |
hereby appropriated
Sec. 5. The state treasu er may, at any time in |
his discretion, when he shall have his possession
bills Of those banks of the state which shall fail to
redeem their circulating notes on presentation, |
take means to procure in exchange for the same, |
the bonds of this state deposited with the bank |
comptroller, security for such bills. For that
purpose, he may, in his discretion, procure frcm
any bank which fails to redeem its bills an assign
ment Of all the bonds of tse state owned by such
bank, aud deposit for the security fits bills
and he shall withdraw aud cancel the bonds as
signed, and he shall return to the bank comptroller
for cancellation the bills of such bank, from time
to time, he shall receive such bills, aud shall
deem expedient so to return them. Such assign
ment shall transfer to the state the entire right
and title to such bonds, and the interest accrued
and to thereon, together with the interest
of such banks, in such of their circulating notes
may not he returned for redemption. in
consideration of which assignment, If accepted
by the treasurer, the state will the ulti-
mate redemption of the outstanding circulating
notes OF said banks. Ii any such bank shall neg
tect refuse 10 execute such assignment to the
state the state treasurer may procure the bills OF
such bank to be protested, and may take the other
steps provided by law to cause the securities de-
posted by such bank to he sold for the redemption
of such bills and to compel the payment of am
deficiency upon such redemption: provided that
the state treasurer shall execute the discretion
reposed in him by this act, may, without divert
ing the means necessary to defray current expenses
most effecuaIy tend to maintaiR the credit of the
state and the value of the bills issued by the said
banks. In he shall be able to sell ALL
bonds which he may so acquire, at the par value,
with the accrued interest, if any, he is hereby
antharizad. in his discretion. to make such sale.
such were in process of liquidation on the ninth
day of March, A. d. 1861 shall be received By the
state treasurer in payment Of all dues to the state
Sec. 8. 1t shall be the duty OF the bank COMP
troller so far as may be in his power, aid in car
Tyng out the provisions of this according the
spirit and purpose thereof
Sec. 6. It shall be the duty of the state treas
urer to collect the amounts owing to the state from
banks upon the purchase money of the bonds of
the state and he may make reasonable and
az
alton OF prompt payment. In any case where it
shall plainly appear to be for the best interest Of
the state to accept in payment of the amount 50
owing from any bank, less sum than as above
provided it shall be lawful for the state treasurer
with the advice and consent of the bank comptroll-
err and the attorney general to make a compromise
or settlement of such claim of the state on the
best at ainable terms.
Sec. !. This act shall take effect from and
its passage aud publication.
Approved April 8, 1865. 1COPY.
Published Mar :h so, 1861
CHAPTER 244
AN ACT to amend section seven Of chapter 133 Of
the revised statutes, entitled "of costs and
fees"
The people of the state of Wisconsin, represented
in senate and assembly, do enact as follows:
Section 1. Section seven of chapter 1873 of the
revised statutes, entitled "of costs and fees" is
hereby amended, by adding to the last subdivision
of said section, the following Proridsd, that in
of change of the place of trial of any suit,
or in case of new trial upon the order OF the
supreme court, tees may be collected though
brought into court upon original process, not
to exceed ten dollars for each such change Of
place of trial, new trial."
Sec 2. This act shall take effect and be In force
from and after its passage and publication.
Approved March 80, 1865. SIS COPY.
Published April I, 1865.
CHAPTER 259
AN ACT to amend section SO of chap er 1873 of the
revised statutes, entitled "of costs and fees, and
to repeal chapter 24O OF the general laws o. 1868
The people of the state of Wisconsin, represented
in senate and assembly, do enact as follows;
Section /. Section SO Of chapter 1873 of the resis
ed statutes, is hereby amended, as to read
follows "For publishing any other notice, or 9TH
order, citation, summons, any other pro ceed-
ing advertisements required by law TO be pub
cents per folio for the first thrtyhy
cents per folio for each Insertion after the first"
Sec 2. Chapter 240 of the general laws of 1868,
and all acts conflicting with the provisions OF this
act, are hereby repealed.
Sec. 8. This act shall take effect and be in force
from and after its passage.
Approved March 81, 1865. IL COPY.
Published April ,Is65.J
CHAPTER 2e5.
AN ACT 20 amend section 90 of chapter is OF the
revised statutes, entitled sof the assessment and
collection Of taxes"
The people eff the state of Wisconsin, represented
in senate and assembly, do enact as follows:
Section 1. Section 90 of chapter Is Of the re-
vised statutes is hereby amended, as 20 read
| follows: s. Each town treasurer and the treas
urer of each Incorporated village, shall