Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1881-01-05

hereby repealed.
SIC. 5 This act shall take effect from its pas
sage. /
Approved December "a, 1887
No 5O-An Act N repeal certain portions OF chap
ter seventy-ilye OF the General Statut As
II is hereby enacted, etc:
SEC. !. Sections one TO twenty seven. inclusive,
sections fo'ty-two to forty-nine inclusive, sec
| tons siXtyOne TO sixty-fve, inclusive, and sec
ton seventy of chapter seventy-fve or the Gen
eral Statutes be and the same are hereby re-
peale1
Approved Dec. Is, 1890
No. 5l.-An act for the relief of policy holders
in lite Insurance companies.
1t is hereby enacted. etc:
SEC. l. All pol Icies of insurance heretofore
or hereafter issued wIIhin the State OF Vermont !
upon the YES of husbands for the benefit and
use oi their wives IN pursuance of the laws OF
the State, shall be assignabe by said wife with
the written consent of her husband; or In case
OF her death. by her legal representatives. with
the written consent of her husband. to any per-
son whOmsoever or be surrendered to the COM
pany issuing such policy with the written con-
sent OF the husband
SEC. . This act shall take effect from its
passage.
Approved December 4, 1880.
No. San act to authorize fire insurance COM
panes.
1t is hereby enacted. etc.:
SEC. /. Any number not less than three of
the inhabitants of any town city of this State.
may form corporation under the provisions of
chapter cighty-sIX of the General Statutes for
the purpose Of insurIng upon the mutual plan
property III such town against loss by fire
lightning, and may adopt such articles of assO-
) citation and bylaws not inconsistent with the
laws OF this State. as may be necessary Tor the
government and management of the business OF
| such corporation.
SEQ 2 This act shall take effect from its
passage.
, Approved December %, 1880.
! No 53-An act in relation to telegraph com
1t is hereby enacted. etc:
SEC. /. Any telegraph company receiving
message directed to any pers on of from said
company's line, shall If such person resides on
D The line of any other telegraph company,
transfer such message TO said other company's
q line. to be by them transmitted to the place OF
, destination. Provided, both of sail companies
have an Office IN the same village or city in this
: state. No extra charge shall be made Tor said
r transfer within the usual limits of delivering
: messages in said city or village, and the COM
e pany receiving the same shall make no extra
:, charge Tor any additional date construed by
! them to be necessary because OF said transfer.
= SIC 2. Any operator or empoye of any
Il telegraph company, refusing or neglecting to
l. comply with the provisions of this act shall be
e subject to fine OF NOT less than i've dollars or
n more than one hundred dollars.
SEC. ;. This act shall take effect from It's
d passage
,r Approved December %, 1885,
is No. 81 An act in addition to chapter eighty
J. eight of the General Statutes, relating to mag.
l. nctlc telegraph companies.
70 1t Is hereby enacted, etc:
| SEC. w HcneNer any persons or corpora
ic ton are about to erect a line OF telegraph OF
S. telephone wires, in and along highway within
ID any town. city or Incorporated village in and
III along which a line OF poles has all cady beer
er erected by other persons or corporation Tor
of similar puIp0s the selectmen of such town, OF
n principal officers of such city or village shall
Ill have the right to permit and may require the
e, persons or corporation about TO erect Il new
s, line to attach their wires to the poles already
standing, as provided In the following section.
Se SEC. Z. SAID selectmen or principal otlcer
r. shall ascertain, as near as may be, the Origlna
s. cost of erecting such line of poles, and shall
X direct such persons or corporation as they ma!
MS require to use said poles to pay to the owners
t. the line already erected 4 tar proportion o
en- such expense not 10 exceed one halt the esti
nd mated original cost of construction ; and in NJ
IL case shall sad poles be used until the owners o
sc The new line shall tender to the original owner
in of sad line OF poles the amount directed b,
SAID officers. And if pole or poles used by two
I'd or more persons cor porations shall be requr
ed to be repaired or renewed the expense tn,
1t shall be borne equally by the persons or corpo
rations using the same.
es SIC. 3. Said officers shall give written motto,
of to the proprietors of both the old and line
OF all their requirements in the premises, AM
ny shall also lodge copy of said notice in the tow
ed or CITY clerks office as the case may be.
SEC A. The propretors of any such line o
re- pores. 80 required to be used by any other per
son or corporation shall not take down or ate
the position of such poles without obtainin,
on permission Of all parties who may have acquired
tic the town, city or village officers aforesaid ant
any person or corporation, injured by the viola
ton OF this section, may maintain an action OF
a the case founded on this statute to recover tht
or amount of such injury.
of SEC. 5. The seectmen or other officers shall
C. rece We one dollar each day for their service
ne under sections two and three; and the decision
ny OF majority OF them shall be final All ex
of penses incurred shall be paid by the persons o
or corporate erecting such new line.
Mt Approved December %. 1880.
d /; No. 65.-An act in amendment of sections tw,
og and fifteen of chapter slxty-ol e OF the Genera
Is, 1t is hereby enacted, etc:
is SEC. l. Any association of persons not les
or than five at least thIu, lourths of whom shall b.
We residents OF this State. formed for the purpos,
al of banking under the PROVISIONS of the laws o
TINS State providing for the formation of bank
yer OF circulation, discount and deposit shall upoI
VS. lawfully transferring to the treasurer OF til,
er state any portion of the public stock of tn,
in United states, the District of Columbia guaran
to Iced by the United States and OF the States o
is Vermont, Maine, New Hampshire, Massachu
sets, Rhode Island, Connecticut, New York
New Jersey or Ohio, be entitled to receive iron
the treasurer Cit culatlng notes of different de
nominations. registered amt countrrsigned a
OF provided by law, equal in amount to the stock
transferred, but not exceeding the amount o
the capital stock OF such association actual,
ire pald In. Such public stocks shall be or be madt
ny 10 be equal to stock producing, in the case o
ot those issued or guaranteed by the United states
de not less than three per cent interest and in thu
ne case OF those issued by any of said States, no
70, less than tour per cent. interest; and thu
ed treasurer shall not take SAID stock at rat,
10 ABOVE us par value nor above its current marke
NY value
of SEC.2 Section two of chapter sixty-one o
'le the General Statutes and section one of uumbe
RS two of the acts OF 1873 are hereby repealed.
re- SEC. j.. Amy number of persons not less thar
Is five at least three-fOurths of whom shall b,
TO residents of this state, may associate to e~tab
ng lIsn olnces OF discount, deposit and circulation
"a upon the terms and conditions and subject t.
'e the Liabilities provided the laws of this State
Is relating to such associations; but the aggregat,
DE amount OF the capital stock OF any such assocIa
er ton shall not be less than fifty thousand dollar
lie nor more than five hundred thousand dollars
or such persons may by their articles of assocla
ton provide for the increase of their capita
ell stock and of the number of their associate
lis from time to time as they think proper but th,
to aggregate capital shall mt exceed the sun
es ali ready specified.
lis SEC. 4. sections fifteen and twenty of chap
IN ter siXty-one of the General Statutes, and rec
ry tons three and five of number two Of the act
It, Of 1873 are hereby repealed.
ne SEC. 3, This act shall take effect from it
If passage.
he Approved December 2 1880.
d, No. 56.-An act relating to reports of receiver
lis of insolvent savings banks and trust com
pancs.
IS 1t Is hereby enacted, etc:
SEC. |. The receiver IN an insolvent savings
bank, savings institution or trust company
shall on or before the tenth day of july, in each
year, ami at such other time as may be required
by the"I spectOr OF Finance " 80 long rs thu
all recevership is continued make and transmit tC
~ the "Inspector of Finance" full statement Of
I'd the affairs OF said nsovent institution showing
3 the nature and amount of the assets and liabil
ties also true account of the expenses incurred
by such receivership, and not previously report
ell, giving the items thereof, and such report
n nirt of H.,