St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1884-12-18

I the condition precedent to acquiring absolute
title thereto. sells the same without the con-
sent ofthe person 10 whom the lien was given,
7 or the person holding under him, and who
ever, with intent to defraud, conceals or aids
!. there is such a lien. shall be fined double he
value OF. the property so wrongfully sold or
concealed. one-haif to the use of the party
injured, and the other half to the use of the
town where the lien is recorded
SEC. .. Prosecutions under the foregoing
section may be commenced W. n the COM
plant of the town grand juror OF the town in
which the lien is recorded. or of the states
attorney of the county, before a Justice, who
shall have jurisdiction of such offenses such
prosecution may also be commenced by the
party injured. as common informer, provided
he comply with the statute in such case made
and provided
SEC. 3. This act shall take effect from its
passage. -.-.. ....
Approved Nov. %, 1884.
Nc 102-An Act relating to forgery and coun-
terfeiting of certificates of stock and evil
dences of title to property in addition to
Chapter 1913 of the Revised Laws.
1t is hereby enacted, etc:
SIC. l. A person, who Willingly, falsely
and deceitfully makes, alters FORCES or coun-
terfeits, Willingly, falsely or decetfully
| causes TO be made altered, forged or counter
feited orprocureS aids or couDsels the making,
alt ering, forging cOunterfeiting of a certif-
icate of stock or any evidence or imminent
of title to property with intent to injure
defraud any person shall be imprisoned in the
4
| fined not more than one thousand dollars.
! SEC >. person no utters and publishes
as true a forged. altered or counterteited
/ certificate of stock or any evidence or mIlni-
ment of title to property, knowing the same
| to be false, altered forged or counterfeited,
with intent to injure or defraud any person,
| shall be imprisoned in the State Prison not
| more than ten years and fined not more than
| one thousand dollars.
SEC. B. This act shall take effect from it's
! passage.
! Approved Nov 18th 1884.
No. 103-An act to provide for the transfer of.
stock in corporations as collateral security
| 1t is hereby enacted, etc:
! SEC. / The transfer by assignment and
| delivery. of a certificate or certificates of
stock in any corporation, in this State, as col
! lateral security, shall be u valid transfer OF
| the shares OF stock represented by such GER
! tifcate or certificates when made to secure
a valid debt or obligation, as against the party
! so transferring the same his heirs, executors,
administrators and assigns, and when notice
! of such assignment and delivery shall have
! been given to the clerk, cashier or treasurer
/ of such corporation, and memorandum of
such transfer made upon the stock ledger of
/ such corporation, such assignment shall be
! valid against the subsequent attaching cred
| ltorS OF the aSSlgnorS, provided the same is
made in good faith: but nothing herein shall
change the evidence of ownership of such
stock so far as the corporation is concerned.
| SEC. =. This act shall take effect from and
| after its passage.
Approved Nov. p, 1884.
No. 1O4-An act amending section 32SS of the
Revised Laws relating to private CORPORA
tons
| 1t is hereby enacted, etc.
SEC. l. Section 1888 of the Revised Laws,
| is hereby amended to read follows The
amount of capital stock shall be determined
! in the articles of association and shall not be
| less than five hundred dollars nor more than
one million dollars, and shall be divided into
shares not exceeding one hundred dollars
| each.
SEC. ,. This act shall take effect from its
| passage.
Approved Nov. "a, 1884.
| No. 105 An act amending section three
| thousand two hundred and seventy-six and
three thousand two hundred and ninety-fve
| of, and in addition to, Chapter lob of the
Revised Laws, relating to private corpora
tons.
| 1t is hereby enacted, etc.
SEC. l. Section three thousand two hundred
and seventy-slx of the Revised Laws is hereby
amended as follows
BY inserting the word "mercantile" after the.
word manufacturing in the fourth line thereof.
| SEC ,. Section three thousand two hundred
and ninety five OF the Revised Laws is hereby
amended to read as follows:
All books. of the corporation containing their
accounts, shall each annual meeting of the
| stockholders thereof, and at other reasonable
times, be open for the inspection of such stock
holders the clerk or Other officer, shall prepare
and submit to the stockholders at each annual
meeting statement, in writing, of all receipts
and expenditures including salaries, of the
preceding year, with its assets and liabilities
and such clerk officer, who negects refuses
/ to show such books or submit such statement at
each annual meeting, or to stakeholder apply
ing therefor, shall forfeit TO such stakeholder ten
dollars for each twentyfour hours he neg ects-
or refuses TO be recovered in action on the
| case with full costs of suit
SEC. 3. No officer of private corporation
formed in pursuance of Chapter l52 and l53 of
the Revised Laws shall receive salary, unless
the same is voted and the amount thereof fixed by
the board Of directors, and any officer who shall
appropriate TO his own use as salary, or to in-
| crease the same, any OF the funds o such corpor-
alton, not voted by the directors, shall be
deemed guilty OF embezzlement and punished as
provided in Section 4l49 of the Revised Laws.
| SEC. T. This act shall take effect from its pas
| sage.
Approved Nov. 22d, 1884.
No 106-An act to amend section 1864 of the
Revised Laws.
1t is hereby enacted, etc:
SEC. l. Subdivision ten of section 1864 of
the Revised Laws shall be amended as to
read rs follows: To establish and maintain
literary. scientific. charitable and benevolent
! institutions and such societies as have for
their object the promotion OF moral, intellect
ual and spiritual development.
Seq. This act shall take effect from its
passage.
Approved Nov %, 1884.
No. 107-An act in amendment of No SO, Acts
of 1882, entitled An Act in addition 10 chap
ter ninety nine Revised Laws. relating to
discharge of personal property mortgages.
1t is hereby enacted, etc:
SEC. /. The officer selling mortgaged
property under the provisions of section one
thousand nine hundred and seventy-seven of
the Revised Laws, shall make a written
return of his doings such sale, which he
shall file in the town clerks office when the
mortgage is recorded and the town clerk shall
record such return on the page of the records
containing the record of the mortgage upon
which the property is sold. Such return
shall particularly describe the articles sold,
and state the amount received for each, and
shall operate a discharge of the lien there
on created by the mortgage, The fees of the
officer for selling such property, shall be the
same as such officer receives by law for a sale
upon execution. The town clerk shall receive
| from the officer fifteen cents for recording
the return, to be taxed as part of the costs
of the sale.
SEC. ,. Section three, number siXty-nine
| Acts of 1852, is hereby repealed.
Approved Nov. -, 1884.
No. 10S-An act TO amend section two thous-
and eight hundred and eleven of the Revised
Laws of Vermont, relating 10 legal settle
ments.
1t is hereby enacted, etc.
| SEC. l. Clause of section 2Sl1 of the Re
vised Laws is hereby amended so as to read as
I