Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1871-04-12

village, upon the issuing of the bonds in the pay
ment of such subscription to the stock of any sue
railroad company, shall make registration thereo
in book to be kept for that purpose in his office
y showing the date, amount, number maturity an
rate of interest of such bonds, and to what ralroa
company the same were delivered And the salt
bonds issued and still unpaid in order to receiv
the benefits of this act shall each be registered b.
the holder thereof in the Office of the secretary
state, who shall the same to be registered in
book kept for that purpose Such registration shal
show the date, amount, number, maturity and rat,
of interest of each of such bonds, under what ac
and by what town, city or village the same was is
sued and the secretary of state shall under his
of office, certify upon each of such bonds the fac
of such registration, for which registration and
tifcate he shall be entitled to fee of twenty-five
cents, to be paid by the holder of said bond.
Sec. Z. In all cases when any town, incorporated
city or village shall issue bonds under the provisions
OF law, and be entitled to the benefit of this act, il
shall be the duty of the town clerk of such town.
other proper officer of such incorporated city OF
village in whose Office the assessment rolls of such
town. city village are or shall be when completed
within five days after such completion to make out
and transmit to the Secretary of state to be filed in
his office, certificate stating the total value of all
taxable property, real and personal, within such
town, Incorporated city or village exhibited by
such assessment.
Sec. 8. Section eight (S) is hereby amended 80 as
to read as follows: When any snch bonds of any
town, Incorporated city village shall be registered
as in this act provided the secretary of state shall
annually ascertain the amount of interest and prn-
cpal for the current year, due and accrued and to
accrue upon such bonds, and from the amount 80
dSCerta1ned ne snail deduct the amount the state
treasury placed the credit of such town. incorpo-
rated city village, as herein provided and direct
ed and from the basis of the certificate of valuation
of property, hereinbefore provided to be transmit
| ted to him. or in case no such certificate shall be
filed in his Office, then upon the basis of the total
assessment of such town, incorporated city or vii
age for the year next preceding, he shall estimate
and determine the rate per centum the valuation
of property within such town, incorporated city or
village requisite to satisfy the amount of interest
and principal, due and to become due within the
| tl1e OrdiDa-
costs to the state for collection and disbursement
of the same, to be estimated by him; and he shall
make and transmit to the clerk Of such town, ineor
porated city or village, other proper officer whose
duty it is shall be to prepare the estimate and
books for the collection of state taxes in such town.
Incorporated city or village, certificate stating
such estimated requisite per centum for such pur-
pose to be filed in his Office, and the same per cent
um shall thereupon be deemed added to and pe
part of the per centum which is may be levied
provided by law, for purposes of state revenue, and
shall be treated by such officer, in making such
estimates and books for the collection of taxes and
the SAID tax shall be collected with the state revenue
and all laws relating to the state revenue shall apply
thereto, except as herein otherwise provided.
Sec. .. Section nine (9) is hereby amended 10
custodian of the several taxes collected and cred
tied to such town. incorporated city village and
shall not be deemed in any manner liable
count of any such bonds, except to the extent of
the money received for their payment under the
provisions of this act. The state shall annually col
ec tin lawful money, all the said taxes to be placed
to the credit of such town, incorporated city or vii
lage aforesaid, for aud until the bonds fully
paid, and shall apply the same when collected to the
payment of the principal and annual interest on
such registered bonds of such town, incorporated
city village, and for and during the remainder Of
the term of years during which such registered
bonds shall remain unpaid. The funds provided
for in section four Of this act accruing from taxes
license fees collected on the property earnings
of said railroad railroads, and the surplus of the
other funds in this act provided remaining after the
payment of the interest on the bonds shall be ap-
Piled to the payment of the principal of said regis
tered bonds, as herein provided at the Office of the
state treasurer, and the interest coupons and bonds
when fully paid, shall be returned to the office of
the state treasurer and shall be Cancelled and de-
stroyed
Sec. 10. Section ten dO) is hereby amended so as
to read follows And it shall not be lawful to reg
lister any bonds under the provisions of this act
to receive any of the benefits advantages to be
derived therefrom, until after the railroad for the
purchase of whose stock said bonds were issued
shall have been completed to such point as may
have been agreed upon, near to, into, or through
such town, incorporated city village, and cars
shall have run thereon, and none of the benefits, ad
vantages provisions of this act shall apply to any
debt unless the question of making the subscription
to the stock of such railroad company shall first
have been submitted to election of the legal vot
ers of such town, Incorporated city or village as
hereinbefore provided And it is hereby further
provided that when any bond or bonds issued under
the provisions of this act shall have been turned
over to any railroad company, as provided herein,
and registered by the secretary of state required
in this section, such possession and registration
shall be taken complete and sufficient evidence in
law and in equity that all the forms, conditions and
requirements of this act have been complied with.
Sec. II. Section eleven (1l) Of said chapter "a is
hereby stricken out.
Sec. IL. Section twelve az of said chapter is SO
amended as to read, 'secton IL and also to read:
This act shall be construed to authorize and pro-
vide for the payment and the registry by the
tary of state, of bonds issued in payment of sub
scriptions to the capital stock of any such railroad,
to the extent Of five thousand dollars per mile, and
no more in the aggregate OF its entire length within
this state also to provide that the amount of stock
ON ynrlpt tnyy11 pIt n villa
subscribes, shall not exceed its equal proportion
cording to the equalized value of the property of
the several towns, cities and villages through which
the railroad such portion thereof as is to be built
within fixed time, under single agreement,
passes. And it is further provided that instead of
voting S., 900 per mile as herein authorized, any
town, city village may vote to subscribe to the
capital stock of any railroad or parts thereof In this
state thereafter to be builH, to the amount of five
per cent. on the assessed value of the property in
said town, village city, into to which said
road may run, any other not exceeding said
five per cent, to be collected in the
provided il section eight of this act and such other
sections may be necessary thereto, and when SO
collected (and at such times provided in section
of this act shall be paid upon said bond or bonds
as in this act provided.
e Sec 49, Section thirteen (lS) of the said chapter
is hereby amended so to read Sc section twelve
H." The bonds Of each and every town, city and
village issued and registered required by this
act, shall be numbered from number one upwards
in the order as issued, and endorsed by res
ervaon printed the back of each, that they shall
| be payable in the ORDER and as fast as the
funds provided from all sources by this act, III the
hands of the state treasurer will warrant whether
due according to the terms therein expressed or not
and for this purpose, said treasurer shall cause to
be inserted, in the first daily issue OF the official
state paper, in January April, July and October, OF
each year, a notice giving the name OF the town,
city village whose bond bonds are provided
for, and their numbers thus payable from tn sfunds
in the treasury applicable thereto, and the effect of
such notice shall be to stop the interest on such
bond or bonds so designated, from and after ten
days after such publication, and until their present
alton for payment with all unpaid interest coupons
attached.
Sec IA. Section fourteen C4) of the said chapter
is hereby amended as to read "sectioD thirteen
49," This act shall not be construed to prohibit
towns cities or villages from issuing bonds in aid
of railroads in any greater amount than five thous-
| and dollars per mile under any laws heretofore or
hereafter to be enacted by the legislature of this
state.
Sec. Is. Section fifteen Q5) of said chapter is
hereby amended to read 'section A." and that
this act shall take effect and be in force from and
after its passage.
Approved March 4, 1871.
Published March g. 1671.1
~. CHAPTER 50-GENERAL.
AN ACT to amend section ID of chapter 64 of the
vised statutes, entitled "of limited partnerships
The people of the state of Wisconsin, represented in
senate and assembly, do enact as follows:
Section l. Section thirteen of chapter sxty-four of
the revised statutes amended to read fol-
Quoted under firm in which the names OF the gen.
there are two or more general partners, the firm
may consist of the surname of one, or of
the surnames of more than of such general part
ners with the addition of the words .'and Company
GO " and if the of any special partner shall
be used in suchfrm with his privity be shall be deemed
general partner. Such partnership shall put up in
consp place the outside and in front OF
the building in which it has it's chief place of business
sign which shall be painted in legiple English
characters, all the names OF all the members of such
partnership, designating the special partners.
Sec q This act shall be published Immediately. and
take effect from its publication.
Approved March 4, 1871.
Published March 10, 1911
CHAPTER 51-GENERAL.
AN ACT to amend chapter 12l of the revised stat
utes entitled of the jurisdiction of justices of
| the peace in criminal cases, and proceedings
! therein"
The people of the state of Wisconsin, represented in
senate and assembly, do enact as follows:
| Section l. That section 33 of chapter 12l of the
revised statutes entitled IAN acD 'of the jurisdic
ton of justices in criminal cases, and the proceed
ings therein be amended by adding to said section
thernnf the yMnrls 8. l,LlLiiei that in