Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-03-19
1876

AN ACI to incorporate camp or grove meet
ing associations, Sunday school assemblies,
or any society for religions instruction or
worship, or mutual improvement in moral,
literary or social culture.
Be it enacted by the Legislature of the State OF
Minnesota.
Section 1. Any number of persons not less
then three may associate themselves and be-
come incorporated as camp or grove meeting
associations, Sunday school assemblies, or any
society for religious instruction or worship,
or mutual improvement in moral, literary or
social culture, as provided herein.
Sec. q They shall adopt and sign articles
containing
First-The name of the corporation, its gen
eral purpose and plan of operation, and its
place of location.
Second-The amount of the capital stock,
The number of shares and the amount consti-
tuting share. H 5000
Third-The officers of the corporation or So
ciety, with time and place of electing or APP
pointing the same, and the number of direct
ors, and the places of residence of each.
Sec. 3. The directors or trustees may call in
the subscription to the capital stock of such
corporation by installments, in such proper
ton and at such times and places as they shall
think proper, by giving such notice thereof as
the bylaws shall prescribe; and in case any
stakeholder shall neglect or refuse payment OF
any SuCu luSldItLlitlb lHt Spdcc Oh SILKY
days after the same shall have become due and
payable, and he shall hsye been notified there
of, said corporation may recover the amount
of said installment from such negligent stock
holder in any proper action for that purpose,
or may declare the amount or amounts pre-
viously paid on part paid stock forfeited for
the use and benefit of the corporation.
Sec a. Such articles shall be executed in
duplicate, one of which shall be deposited for
record in the Office of the register
of deeds of the county where said
corporation or society is located, and the
other with the secretary of state; and upon
being so deposited the persons named therein
shall become body corporate, with power to
sue and be sued, to have q common seal which
may be altered at pleasure, to establish flaws
and to make ali rules and regulations deemed
expedient for the management of its affairs in
accordance with law and not Incompatible
with an honest purpose; and may acquire by
purchase, gift, grant or devise, and to hold
use, sell, transfer, convey, rent and lease or
mortgage real and personal property.
Sec. 5. The amount of capital stock in any
such corporation shall in no case be less than
five thousand dollars, and shall be divided into
shares of not less than ten dollars nor more
than fifty dollars each, but the capital stock
and number of shares may be increased at any
regular meeting of the stockholders.
Sec. 6. There shall be such distribution of
the net profits or earnings of such corporation
or society among the fullpaid up stockhold-
ers as shall be described by the bylaws a: such
times therein prescribed.
Sec. z. All such real or personal property
belonging to such corporation or society ex-
pressly dedicated and sci apart as being neees-
sary for their proper occupancy, and use and
enjoyment, and not leased or otherwise used
with view to profit, shall be exempt from
taxation.
Sec. S. The board of directors or trustees
shall have power from time to time to make,
constitute, ordain AMI establish such bylaws,
rules and regulations as they shall judge pro-
per for election of their officers, for prescrib-
ing their respective functions, the amount of
bonds they shall be required to give as they
may deem proper, and the mode of discharg-
ing their respective duties; for the regulation
of the time of meeting of the directors or trus-
tens; for prohibiting noisy, rude or indecent
behavior, or trespassing on unforbidden
grounds, or hitching horses to trees, fences
or buildings, or cut, break, injure or remove
any ornamental or other tree, or other proper