Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1883-05-09
Published April IA, 1881
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AN ACT relating TO the organization of corporations
and amendatory of section It'll OF chapter SO Of
the revised statutes.
The people of the state OF Wisconsin, represented
in senate and assembly, do enact as follows:
Section 1. Section 1771 of chapter 86 of the revised
statutes entitled 'of the organization of corpora
hons," is hereby amended SO as 80 read as follows:
Section IT'LL Three or more adult persons residents
Of this state may form corporation IN the manner
provided in this chapter to conduct pursue or
promote any one or more of the following named
purposes: For any lawful mercantile trading, min
ing, smelling, quarryng, producing, numbering,
manufacturing, agricultural, mechanical, chemical,
transportation, shipping, forwarding, commission
storage business, for building, constructing,
maintaining and operating private steam logging
railroads for use in carrying on and conducting a
logging and numbering business, and to be used and
operated for the private purpose and exclusive use
of such corporation in such business and for trans
porting and conveying its loggs, timber, lumber and
other materials, supplies and employees and for no
other purpose whatsoever; also to acquire any
such railroad heretofore constructed and to MAIN
tain, use and operate the for such purposes;
for loaning money on securities or otherwise for
buying, selling, exchanging and dealing in all
kinds of property, real or personal, or both; for
building, selling renting buildings of any kind or
for any purpose; constructing, leasing operating
DOCKS warehouses, elevators hotels; for improve
ment OF rivers and streams, and for driving, sort
ing and delivering logs or timber; for building and
operating telegraph lines conducting the business
of teIegraphing in any way; for encouraging aid
ing inventors patentees, for the purpose Of
forming board of trade; for cultivatng advano-
ing science, literature art any branch thereof
for the establishment, maintenance and use OF
schools, high schools, academies, seminaries, col
leges universities, lyceums libraries, art galleries
and the like; for the cultivation and practice of
music; for the development of the bodily powers by
gymnast1c and other exercises, by practice and
competition in sharp-shooting or any lawful games
or sports; for the practice or improvement or the
promotion!of general interest in any lawful games
or mode of amusement; for practice in and promo
ton Of debating, defamation or pubic speaking;
for establishing maintaining and managing driving
parks; for the establishment and maintenance of
any industrial school for the keeping and reforma-
ton of children lawfully committed to the same;
for the establishment and maintenance of any be-
nevolent, charitable medical institution. hospital
or asylum; for the mutual support of the members,
their families or kindred I'm of sickness, mis-
fortune poverty death for contributing to the
burial of the dead; or for any lawful business or
purpose whatever except the business of banking,
insurance, building operating public railroads or
plank or turnpike roads or other cases otherwise
specially provided for. Any such corporation may
be formed to have capital stock divistbe into
shares or without any capital stock upon such plan
may be ag eed upon.
Section 3 This act shall take effect and be in force
from and after its passage and publication.
Approved March 81. 1888.