The Albany register. [volume] (Albany, Or.) 1868-18??, 1870-07-16

Any corporation company heretofore formed,
existing. for manufacturing. agriculturaI mining,
mercantile, Insurance. transportation. marketing, or
any company which may be formed under this sct.
may increase dminish its capital stock BY com
plying with the provsions Of this act any amount
which may be deemed sufficient and proper for the
purposes OF the corporation, and may also extend
its business to other manufacturing, mining, or me
liabilities Of this act But before any corporation
shall be entitled diminish the is capital
stock, if the amount of fs debts aud liabilities shall
exceed the amount Of capital to which is proposed
to be reduced such amount of debts and liabilities
shah be satisfied and reduced not to exceed such
dim nished amount of capital; and any existing
company heretofore formed may come under and
act BY complying with the following provisions aud
thereupon such compsny, its ices and stockhodrs
shah be sufj ct TO ali the restrictions duties and
liabilities OF this act.
Whenever any company sha'l desra to call rneet-
ing of tie stockholders for the purpose of avail ing
Itself Of The privileges of this act or FIR ine~eang
or cinni,iing the amount Of it's capital stock.
fer extending changing Its business it shall be
the duty OF the Trustees or directors to pabiiah
notice sigred By majority of theni in spsper
ia the Dstrictof Coluuibia st eest three successive
weeks and to depsst notice thereof in the pos flee
addressed each stoskhoier At his usual flsce Of
rvslueee, az ifass three "eeEs previous % the day
fixed upon for holding such meeting, spcefs ing the
eijet II The Mee'irg aud the teand place When and
least t.e-' ds Of all the shaes Of stock shall be
EaEy to increase diniHution of the
si rs c2it stccS or the exteusion or change OF its
business as sf5resaii or to enable company - avail
itself of the proyiaioHs OF this ait
IT, at any tiGse and placo specified in the notice
provided fr in rhe preceding section, stcchhoisers
shall appear b. pFo1y or ia Ison, representing
ieas than Third of al ths shares OF stock ef th
atio tasy shall efga2i e and proceed to vote
Of those present In pers BY proxy; and if OF
canvlsaiE tho votss. IL shall p that If ent
nnmoeE OF votes are in favor Of in. reasiug
diniaishi1g tho amount of capital, extending
Changing lis busues aforesd aYailiBg ITSELF
Of the privilege and prossicns Cf this act oerti
cate Of the proceedings sho~ips eomI liaIce with
the prsisions ct this act. the aalsuut of capital
ectuaIIy paid in the business which il extended
cEt2Esd, the " no 81 debts 1tisEfi
Of the company aad the amount to viii the capital
atcck stall be diminished shall lie IN de
ou', sirea and seg fei by the fiji last, Of the chair
man, aud be coun1vrsigned ty the secretary: azd
suc cest fcate shall be nogyleded iy te chair-
aad flied re1uirsd By The seetioA Of this
ct, aud when fI,d the capital stock sat o1r-
por4lIaa shall BE- il creas ed or diminished t. the
amount srec fed IN such certificate d the bts
shall b ss: iiIe 70 the ,,riTiieges End rf7isrs a a
tie sutj je-t to tt e liabilities Of this aet.
II tho iFdeltedaeas Ct any ccupzny orgrniz
Under this shall ~ aay tine exceed the amount
q lie capital steeE, tbs tr9seSes of such mpauY
asssutog taeEeto shall he per =oai sEd individually
able for such excess to tie creditors 4 tbs
No st1ckhol6ez shall be personally liable for The
payment of anY detst contracted by any panY
year fEufn he tiae the debt becausos GUS uuless
a for this eesction If tuch teE shatb BE- breugbs
against spca pany within ons year affor tse osbs
b iue AID satt shs! b. ought ssslss
any stoektclder who shall t. lie a
c6kkolder in any such company, for any daist
ttscteA by ssd c7.nps1y, un.es tao shn9o ahs3l ie
CONNIE esd vi hin two years from the tHe he 81 all
nave CSs6s2 rE-Ch u Gttli IN eEsCE-
tja against the company shai teve beea rssCrEId
aEs&tlsfi-d ia wasls or tn part
It rbs. be lie dnt7 of tba trustees # eysry cc--
ro.a'isu form q under this act book ii
tha lamts of Ali persons, afIliahe lcally sed
WbJ are, sha'i within slx years have been ok
hoiders OF such frauy, aad shoieg their pace Ct
re idenee, the naIabsr OF siaFes Ct stcch hei5 by
si1su psetvzig; tbs tina when they bssame
owners Of ssi II shsses, and the aI3nuut ef stock
actually paid n; which Loak shall flu. ing TIE usual
la inss boass q ihe dag CT every business aeT, bo
Of 'lae comp ny, eud their peis Eai rspaes.E-
tatiE5s. 1T tbs efise I,fiaclpat place OF
~hcFe II busutss epfr iisls stSli be loostsa, asa
any ard vefY such s.cckhalder. creditor repre-
FesshtsfFe ssali tzvs tight TO '.ke extfssFs from
saeh booAs, and Eao tiausfer q SICK sEsi bs Vad
for any Put poses wha sozytT, exeeit to render he
70 hom it eha.i b Transferred iibie for III
this uatii il shai have T. eiered thsrSin
e4u q ty tbs ssotion by ~, eair sh9wiug TO snd
ifcm VAIN treusieffed. Such tosk shail be pre-
tye vdapee If The IL thefa.n stated IL fayor
Of the IiautiA - NY e99s q pfecs edis ais such
company egaf = ety niara ST. ck B6.derE.
Every sfi'sr - sesa company; who ahhli
neg tcs T. iiisAe s4s5 p'tf tntry IN sneh boek, o
shat refass aeEi4et 10 exs!5t he same. or e
all tie aanae iIapaettd ard extracts to he
taken ileso:fs IL heEeii fere irayited shsl be
ce.Fued guilty ol = 1niseies.taer, a.sd the campany
h 81 psy e The is'ty njs-ed peDaiiy tf fity
i6rs io7 asy eci sleet Ieftsi sEd -li dam
tgez egultiag thsrsf.ou aId eysxg company Il at
ST rts aian forfeit 10 tho Ua:te 81 ts he auu
sutd for .ud recaysred il tho ne q the people
io the supreme ceur; u ths Distict If Glun,ta en
when rcd tho aaoGLt shG.i 10 ii into II 6
irsasur5 of said istlict ef CIlnaba, foc the use
thereof.
CEMETERIES -IScoRPoGATIoS.
SEC 5. Aad be is further enacted That
where FIVE pereers shall associate heras
trgeihsr for the rarpore ot fi ming tery
catiol the District n Coluuba such persons -ils
havo tl3e poscr to adopt rpGrste name. and hy
fl1t sli Il be K own as bcdy corporate sHa
by ihizr name shall have perpetual uccesson ard bs
si6ss al fIklt5 lab IL
and uiInnui'its inc deaf 10 corporations. sad per-
soIs associated, shall have power to ecaeifo by
git, grsFt Purchase any lot or lafs of lard not
sxceefiu fiji acres ard ksy out the burial
psac- d-at, with consen ent aisos, and sell
The f3r sueh purpose and fJr Other lur posss
f+seFvil4g fiji ient PORTION there4f FOR the butia
If the and IN -eut. ea ptrs0ns -
ciAtcd I, have seal. eiter
eharge he at their Pleasure. said association
all pow 10 l. cIoss aud ornam nt ssid buri
eroui d baid ard erect hsarae boute aud keep
the ia proper Tepnir purchase u hearse
iarse. eI.l do all oIer b. the d