New Orleans Republican., 1871-03-21

to the same extent as the testator or intes,
tate, or the ward or person lntestated
interested in such funds would have been
if he had been living or competent to act
and held the stock in his own name. Every
such executor. administrator, guardian or
trustee shall represent the shares OF stock
owned by him as such at all meetings, and
may vote as a stOckholder; and every per-
son pledging his stock as aforesaid may. III
like manner, represent the same and vote
accordingly.
SEC. I5. Be it further enacted. etc, That
the receipts, warrants. or warehouse certi-
ticates issued by this corporation tor goods.
wares and merchandise in their possession
or under their control shall in all cases he
signed by the superintendent and secretary
of the corporation and attrstcd by the cor
porate seal. and copies thereof shall be re-
yistercd in books kept for that purpose.
which books shall be at all times open for
the inspection of dealers with said corpora
ton. The said receipts, warrants. or certi-
ticates may be transferred by Endorsement
thereof. and any person to whom the same
may be transferred shall be deemed and
taken to be the owner OF the goods ware,
and merchandise therein specified. So far as
to give validity to any pledge, lien or trans
fer, made or created by such person or per
sons: but no property shall be delivered
said original receipt, warrant or certificate
Every such receipt, warrant. or warehouse
certificate shall contain on its face Il notice
that the property mentioned therein Is held
by this corporation as bailees only. and i,
insured by this corporation for s.
SEC. l6. BE it further enacted, etc. That
if any officer. clerk or servant. or other per
son III the employment of said corporation
shall take. embezzle, or convert to his own
,i.. y-ift .,,.,t, !,
intent to take, embezzle, or convert to his
own use, any property. goods, wares or mer-
chandiSe delivered to said corporation. or
IN or under their possession. custody or con
troll. or shall. with intent to defraud the
said corporation, or any person or persons.
issue. or cause. or suffer. Or in any way or
manner procure to be issued. any receipt
warrant or warehouse certificate for any
property. goods, wares or merchandise not
actually delivered to. or in. or under the
possession. custody. control OF
said corporation. or shall. with like
intent. Issue. or cause, or suffer, or
III any manner procure to be issued.
any receipt. warrant. or warehouse certi-
ficate. aS aforesaid. for any property goods.
wares or merchandise in the custody.
possession. or control of said corporation.
except on the cancellation and surrender of
the original receipt. warrant. or warehouse
certificate issued therefor. he shall. upon
conviction. be punished in the manner
prescribed by law for feloniouSlv stealing
property of the value of the articles So
taken. embezzled. converted. made away
with, or secrctcd, or mentioned or de
scribed i'll the said receipts. warrants or
certificates.
SIC. II. BE it further enacted. etc. That
this act shall take effect upon its passage.
(Signed) GEO. w. CARTER
SUea ker of thc HouSe of RpnreSent ,tiyas
(Signed) OSCAR j. DUNN.
Lieutenant Governor and President of the
Senate.
A true copy:
GEO. T.. BOvEE.
Secretary of State.
Received in the Senate Tuesday. Febru-
arv %. 1871. and on the same day the
Senate proceeded. pursuant to the provis-
ions of the constitution of the State 10 re
consider the bill to be entitled al act to
promote the interests of commerce bv estab-
fishing the Louisiana Warehouse Company
and guaranteeing the bonds thereof re
turned to the Senate by his ENcclencv the
Governor. with his objections. and ii was
resolved that the bill do pass. twothird> of
ali the members present in the Senate hay-
ing agreed to pass the same.
Signed CHARLES II. MERRITT.
Secretary Of the Senate.
Received in the House of Representa-
tives Wednesday. March first. 1871. and on
the same day the House proceeded pursuant
to the provisions of the constitution OF the
State to reconsider the bill to be entitled
IAN act 10 promote the interests Of com
merce by establishing the Louisiana Ware
house Company. and guaranteeing th"
bonds thereof. which was returned 10 the |
Senate by his EXcelency the Governor. !
with his objection. and sent by the Senate
to the House with the message relating |
thereto and it was resolved that the bill do |
pass two-thrds of the members present |
in the House having agreed 10 the same.
(Signrdl WM EIGERS
Chief Clerk House of Representatives.