Vermont farmer. [volume] (Newport, Orleans County, Vt.) 1870-1877, 1874-12-04
THAT BILL AND VETO.
AN ACT TO INCORPORATES II. a I
FAIRBANKS a. co.

n" hereby enacted BY hs General Assembly Of the
State Of gsrmoHt.
SIC /. Thaddeus Fairbanks Horace Fairbanks and
Franklin Fairbanks, Of st. Johnsbury, In the Countyof
become associated with them, with their successors
and assigns are hereby made aud established body
polite and corporate by the name OF II. T. Fairbanks
Company, for the purpose OF manufacturing scales
and all kinds OF Weighing instruments, and all kinds Of
machines and machinery, and all kinds Of implements
made In whole or In part from iron, brass or other
metals, aud wood, or other materials, for grinding
grain and manufacturing fabrics In the most adyan-
tageous aud for buying. selling and trAfSking
In tho same, and mercantile purposes In connection
with the aforesaid business in st Johnsbury. by that
name they aud their aud assigns shall DO
and they are hereby authorised 10 purchase, take,
hold, occupy possess and onoy 10 them their
shattss and elects owhatSver kind they may b. Ihs
better TO enable them to carry On such business In
profitable manner,
Also 10 purchase, take hold, occupy and enjoy such
lands tenements or heredtaments shalt 10 nOces-
sary for the accomplishment OF the purposes Of tho
and dispose Of ut pleasure or to take lease leases
OF any such lands and real estate for term terms
Also to sue and he sued to plead and be implicated,
defend and be defended answer and DO answered to In
all courts Of record or elsewhere.
Said corporation may have and use 4 common seal,
which 1t may alter at pleasure.
Said corporation may a. partner unite with other
partners in establishing aud maintaining In other Of
the United States and In foreign countries agencies OF
ton Of the business Of said corporation in such states
and countries In an economical aud profitable man
ner.
SEC 2. Tho capital stock Of said corporation shall
be two million dollars, which may DO increased from
time time 10 an amount not exceeding In the whole
1--WE million dollars.
ono share OF said stock shall not DO more than one
thousand dollars and shall he deemed and considered
personal estate, aud be transferable only the books
OF said corporation In such form the directors OF said
corporation shall prescribe aud said corporation shall
at all times have lien all the stock property OF
the members of said corporation invested therein for
ali debts due from thom TO said corporation,
Aud the said corporation may be organized 20 into
operation and commence business Whenever aud as
million dollars OF said stock shall DO taken
up and subscribed for.
sEo g. No taxes shall be assessed upon the stock Of
said corporation ~ the individual owner thereof but
the property and effects Of said corporation wherever
they may DO situated shall be sot and taxed ~ said
corporation In tho same manner they would DO II
they were owned by an individual.
SEC. 4. Said corporation shall be located at st.
Johnsbury, in the County OF Caledonia, aud there
have liz principal Office for the Transaction Of It's bus
mess aud there hold IL corporate meetings.
IKE g. No sale transfer Uf the stock Of said COR
poratlon, except attachment and execution, or by
an executor or administrator for the purpose o