Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1867-04-03

purchase of such bonds or stock. Or said
towns or either of them may contract for,
purchase, or acquire from said Bennington
and Rutland Railroad Company, upon the
conditions in this act specified, and upon such
terms as may be agreed on with said com
pany, any of the bonds or stock aforesaid,
and make any contract incident to such pur-
chase.
SEC. ,. No such subscription, purchase,
or contract, shall be made by either of the
towns aforesaid, unless the assent in writing
thereto of a majority of the taxpayers, both
in number and amount of tax in such town,
shall be obtained before the first day of JAN
uarv 1868 Which assent shall be signed
and acknowledged before Justice of the
Peace of the county in which said town is
situated, by each person so asserting. and
the amount of the list of such person shall be
set opposite his name. And said assent shall
state substantially the contract, subscription
or purchase to be made, and the conditions
on which the same is to be made.
SEC s. In every such instrument OF as
sent shall be named three persons, who shall
be resident citizens and taxpayers of the
! town wherein such assent has effect, as COM
missioners To make and execute on behalf OF
such town, the subscription, purchase or
contract therein mentioned. And when such
instrument shall have been signed and ac-
knowledged by the majority herein required,
such persons therein named shall be commls-
sioners for that purpose. And any contract,
subscription, or purchase, by them made and
subscribed in writing, in the name and be-
half of such town, in pursuance of the terms
of said assent, and not inconsistent there
with, nor with the provisions OF this act,
shall be valid and binding upon such town.
I SEC. l. ANY of the said towns are hereby
authorized and empowered to make and issue
their negotiable bonds or notes at rate OF
interest not exceeding seven per cent. PEI
annum, specified in semi-annual coupons
thereto attached, for the purpose of making
any purchase. fulfilling any subscription
or contract authorized by this act, or of rails
ing money so to do. Which said bonds ol
notes shall be signed by the selectmen anc
countersigned bv the treasurer of the towr
issuing the same, and shall be dated, mum
bered and registered in the town clerks of
fee of such town. And said coupons shall b'
SIGNED bv said treasurer. And said bonds o.
: notes so made and issued shall create vali'
obligation against such town, according t
> their tenor And the same may be disposed
of bv such town treasurer for the purpose
aforesaid.
SEC s. In determining the number an
, amount ottax-payers in any of the towns atore
said. for the purposes fthis act reference shal
- -
where the estate of any person deceased, o
: under guardianship. or any estate IN tn
0 hands of trustees, shall be included in san
e list or where any person named IN said lis
Y shall have since deceased. or have been place
! under guardianship, the executor, admins
o traitor, guardian or trustee, as the case ma
: be- of such estate shall be authorized in ii
: behalf to make the assent provided Tor here
. in And in case the property OF any corpt
ration is embraced in any such list, assen
II NAV be given in behalf of such corporation
3 by a majority of the directors thereof.
IS And where it shall be made to appear I
said commissioners, that any real estate IL
G cluded in the list of 1866 has since been cor
yeved. the assent herein provided for may
e given by the person or party now liable
i taxation thereon, if Il resident OF the town
which said estate Is situated.
g And in computing the number and amour
of taxpayers in any town, taxpayers N
e resident in such town shall be excluded.
n SEC. t. When any instrument of assel
herein provided for shall have been signe
d and acknowledged by the majority, and
the manner herein required, the commission
}. ers named in such assent shall append ther
i 10 a certificate by them subscribed and swol
n u. stating that such assent has been slgnt
sc and acknowledged by such majority, as r
quired hv this act And shall cause such il
TO strument of assent and certificate to be til'
+ in the town clerks Office of the town whe
Is the same has effect, and cause the same To
/ there recorded And copy Of such asse
and certificate, certified by such town cler
n shall be recorded in the county clerks Off
of the county where such town Is situate
Sc And such commissioners shall be sworn To
|: faithful discharge of their duties. And uni
such records are made. said commissions
shall not proceed TO make any contract. su
scription or purchase in the name or beh;
v Of such town.
IF Such certificate so executed and record
shall be conclusive evidence of the fac
stated, and by this act authorized to be sta
,r ed. therein And certified copy therct
in and of such assent, from either of said ofhc
where the same are SO recorded, shall be
gal evidence of the same.
Sc SEC. :. If any of the commissioners pl
vided for in this act. shall, after their n
pointment as such, as aforesaid, die or
a. move from this state, or become incapable
or acting, application may be made by a
/ signer of the instrument of assent where
such commissioner was named, to the Cor
NJ of Chancery, for the appointment OF co
q. missioner in the place of the one so deceast
r. removed. or inca pable. And said Court IN
as make such appointment. upon such notice
said application to parties in interest, as S;
Is. Court may direct. And the person so 9
Mt pointed shall be a resident citizen and 4
is paver of the town for which he is appointt
. And shall have the same powers and duti
nd as if originally named in said instrument
nd assent.
nd SEC. s. In case the conditions express
ch in any instrument of assent that shall
signed by majority of taxpayers of any
of said towns as herein provided, shall requ
ed the issue by said towns of any bonds unt
the provisions of this act, then the treasul
of and selectmen of such town shall make a
he issue such bonds, in accordance with the
quirements of said conditions. And in c;
-e- they shall fail to make and issue the sa
nd for period of thirty days after demand
writing therefor, made upon them by a
m party entitled thereto, entitled to
, money to be raised thereby, then the c,
he tract, subscription, or purchase specified
nv said instrument shall be valid against s.
to town as an immediate liability, the same
en- if no condition for the issue of such boz
of had been contained therein.
SEC. 9. This act shall take effect from
passage.
ned Approved March %, 1867
An Act To enable the Bennington and r
land Railroad Company to aid in obtain
necessary Railroad connections.
Jf sc kerxb,y ey;1rfeH eJr