Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1871-04-20

uhD.t Oh hCCOuUt OI any ruCu UOuus, except W
the extent OF the money received for their pay
ment under the provisions OF this act. The STATE
shall annually col.o., IN lawful money, all the
said taxes TO be placed TO the credit Of such town.
incorporated city or village as aforesaid, for and
until the bonds are 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 or 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
tour OF this act. accruing from taxes or license
fees, collected on the property or earnings OF said
railroad or railroads, and the surplus OF the other
funds in this act provided, remaining after the
payment of the interest on the bonds, shall be
applied to the payment Of the principal OF said
registered bonds, a. 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 can
celed and destroyed.
Sec 10. Section ten 10) is hereby amended 30
a. read as follows: And II shall not be lawful to
register any bonds under tue provisions Of this
act, nor to receive any of the benefits or advan-
tages to be derived therefrom, until after the rail-
road 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 or
village, and cars shall have run thereon, and none
OF the benefits, advantages or provisions OF this
act shall apply to any debt unless the question of
making the subscription to the stock OF sucn rail
road company shall first have been submitted To
an election Of the legal voters of such town,
Incorporated city or village: as hereinbeiore pro
when any bond or bonds issued under the pro
visions of this act shall have been turned over to
any railroad company, as provided herein and
registered by the secretary of state AS required In
this section, such possession and registration
shall be taken as 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 Q2l OF SAID chapter is
so amended as to read section H." and ais,
to read This act shall be construed TO auth orize
and provide for the payment and the registry by
the secretary OF state OF bonds issued in payment
OF subscriptions 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 THE state also to provide that the
amount of stock which any one town, city or viii
lage votes for or subscribes shall not exceed its
equal pr )portion according to the equlized value
of the property of the several towns, cities and
villages through which the railroad or such por-
ton thereof a. lie to be built within fixed time
under single agreement, passes. And 1t Is FUR
Their provided, that instead OF voting 8 900 per
mile as herein authorized, any town, city or VII
lage may vote to subscribe to the capital stock of
any railroad parts thereof in this state hereaf
ter to be bult) to the amount OF Ave per cent. on
the assessed value of the property in said town.
village or city. into or near to which said road
may run, or any other sum not exceeding said
five per cent, to be collected in tue same manner
as provided in section eight of this act, and such
other sections as may be necessary thereto, and
when SO collected (and at such times as provided
in section2 of this act) shall be paid upon said
bond or bonds as in this act provided.
Sec Is, Section thirteen (l3) OF the said chap
ter is hereby amended so as to read :" section
twelve IA The bonds OF each and every town,
city and village, issued and registered as required
by this act shall be numbered from number one
upwards iu the same order as issued, and endorsed
by reservation printed on the back of each, that
they shall be payable in the same order, and as
fast as the funds, provided from al lsources by
this act, in 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 tc 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 or village whose bond
bonds are provided for and their numbers thus
payable from the fluids in the treasury applicable
thereto, and the effect Of such notice shall be to
stop the interest on such bond or bonds 40 desig
mated, from and after ten days after such publca-
ton, and until their presentation for payment
with all unpaid interest coupons attached.
Sec. IA. Section fourteen (l4) of the said chap
ter is hereby amended so to read section
thirteen 13" This act shall not be construed to
prohibit towns, cities or villages from Issuing
bonds in aid of railroads in any grel ter amount
than five thousand dollars per mile under any laws
heretofore OF hereafter to be enacted by the legls
lature of this state.
Sec. Is Section fifteen (15) OF said chapter is
hereby amended SO as to read section IA" and
that this act shall take effect and be- In force
from and after Its passage. ~ COPY.
Appf0Ved MarCn 4, 1871.
Published February IS 1911
CHAPTER 2s-GENERAL.
AN ACT TO amend section of chapter 40 Of the
general laws of 1868, entitled "an act requiring
reports from unors anzed banks and bankers
The people of the state of Wisconsin, represented
in senate and assembly, do enact a. follows
Section l. Section / OF chapter 10 of the gen
eral laws OF 1865 is hereby amended 80 as to reat
as fellows: Every person. association of persons
banking, buying and selling exchange and reeeiv
ing deposits except such bodies corporate as are
expressly authorized by the state or national bank
ing law, shall report semi annually IL writing Il
the bank comptroller or to such state officer a,
banks organized uLder the general banking law o
this state are now or may be required hereafter Il
render their reports such report to be verified b,
the affidavit of such person or any member OF suci
association or corporation, and to contain the TO
tai amount due deposltors, the amount OF funds OF
hand the names of the person or persons Interest
ed in carrying on said business, the tota
amount of the capital stock employed in said bus
ines, and such other items 30 far as practicable
as bar kers under the state banking laws are re
quired to report.
Sec. 2. This act shall take effect and be in forct
from and after its passage and publication.
Approved February 25, 1871. ~ COPY.
Published March 30, ISL
CHAPTER 140-GENEsAL.
AN ACT relating to the settlement of the estate
of deceased persons, and amendatOry OF section
=, chapter 90 OF the revised statutes.
The people of the state of Wisconsin represented
in senate and assembly, do enact a follows:
Section /. Section nine Of chapter IS Of the re
yised statutes is hereby amended so as to read a
follows: IT an executor shall neglect, after due
notice given by the judge of the county court, L
render his account and settle the estate accordln.
to law, or to perform any Judgment OF the court
or shall absCond become insane or otherwise
incapable or unsuitable 10 discharge the trust, tn
county court may remove such executor.
Scc.2. Said CHI tpter % s further amended By
adding thereto an additional section to resd a.
follows Section Is. When an executor or ad
mi illustrator shall reside without this state, and i
shall appear to the county court haying jLrisd!c
ton that 1t is necessary 10 upou such execu
tor or administrator any order, notice or proce.
from such county court the said county court may
upon the proper atiidavts showing such necessity
make an order that such service be made by publ
cation in the same manner and with the sam,
effect as is provided for the service o, a summons
upon non dent defendant, by section o
chapter 124 Of the revised statutes.
Sec g. This act shall take etiec. and be In force
from and after its passage and publication.
Approved March "a, 1871. "COPI.
Published March 30, 1911
CHAPTER 1i3-GKSERAL
AN ACT to provide for the collection ofjudgment
10 certain cases.
The people of the state of Wisconsin represented
in senate and assembly, do exact as follows:
Section l. No Judgment, award or finding, OF o
! for any sum OF money against any town, by an
court or Judge, shall be entered upon the tax Toi
thereof, by the clerk thereof, unless upon the or