The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1884-12-10

title thereto, sells the same without the co
sent of the person TO whom the lien was give
or the person holding under him, and WI
ever, with intent TO defraud, conceas or NJ
in cOncealing personal property upon VIM
there is such lien, shall be fined double
value of the property so wrOngfully SOLD
concealed one-half to the use of the par
injured and the other half to the use of I
town where the lien is recorded.
SEC. 2. Prosecutions under the foregoi
section may be commenced upon he col
plant of the town grand juror of the town
which the lien is recorded, or of tn Q state
attorney of the county before a Justice, W
shall have jurisdiction of such oifenses SUD
prosecution may also be commenced by q
party injured, as common informer, provide
he comply with the statute in such case mad
and provided
SEC. 8. This act shall take effect from
passage.
Approved Nov. %, 1884.
No. 102.-An Act relating to forgery and cou
terfeiting of certificates of stock and ey
| dences of title to property in addition
Chapter 1913 of the Revised Laws
1t is hereby enacted etc:
SEC. l.. A person, who Willingly, false
and dcceitfully makes, alters, FORCES or cou
| terfeits, or Willingly, falsely or deceitful
causes to be made, altered, forged or counte
! feited, orprocures aids or counsels the maxim
altering, forging or counterfeting of a cert
icate of stock or any evidence or munimei
| OF title to property with intent to injure
| defraud any person shall be imprisoned in Il
| State prison not more than ten years an
| fined not more than one thousand dollars
SEC. 2. a person who utters and publish
as true forged, altered or counterfeitd
certificate of stock or any evidence or nun
ment of title TO property knowing the san
to. be false, altered, forged or counterfeite
with intent to injure or defraud any persO
shall be imprisoned in the State Prison n
more than ten years and fined not more tia
one thousand dollars.
SEC. 3. This act shall take effect from
passage.
Approved Nov. 10th, 1884.
No. 103.-An act to provide for the transfer
stock in corporations as collateral securit
1t is hereby enacted, etc:
SEC, /. The transfer, by assignment al
delivery, of certificate or certificates
stock in any corporation, in this State, as Cd
| lateral security, shall be a valid transfer
the shares of stock represented by such ce
tificate or certificates, when made to secu
valid debt or obligation, as against the part
| so transferring the same, his heirs, execution
administrators and assigns, and when MOTIF
of such assignment and delivery shall hay
| been given to the clerk, cashier or treasure
OF such corporation, and memorandum
| such transfer made upon the stock ledger
such corporation, such assignment shall
valid against the subsequent attaching ere
ltorS OF the assignors, provided the same
made in good faith but nothing herein shs
change the evidence of ownership of sud
stock so far as the corporation is concerne
SEC. 2. This act shall take effect from an
after its passage.
Approved Nov. %, 1884.
No. 104-An act amending section 1888 of I'll
Revised Laws relating to private corpor
tons
1t is hereby enacted, etc:
SEC |. Section 1888 of the Revised Law
is hereby amended to read us follows: III
amount of capital stock shall be determine
in the articles of association and shall not n
less than five hundred dollars nor more ths
one million dollars, and shall be divided in
shares not exceeding one hundred dolla
each.
SEC. 3 This act shall take effect from
passage.
Approved Nov. "a, 1881
No. 105 An act amending section thr
thousand two hundred and seventy-six an
three thousand two hundred and ninety-fi
of, and i'll addition to, Chapter 1913 of
Revised Laws, relating to private corpor
tons.
1t is hereby enacted, etc.:
SEC. l. Section three thousand two huudrl
and seventy-sX OF the Revised Laws is here
amended Is follows
By inserting the word "mercantile" after d
word manufacturing" in the fourth line thered
SEC. 2 Section three thousand two hundr
and ninety-fve of the Revised Laws is here
, amended to read as follows:
All books OF the corporation containing the
accounts, shall ut each annual meeting of &
! slocknOluefS tutrcOf, ana AT Otler rtaSOnat1
times, be open for the inspection OF such stoc
holders; the clerk or other officer shall prepa
and submit to the stockholders at each annr
meeting II statement, in writing, of all receiI
and expenditures, including salaries, of
preceding year. with its assets and liabilitie
and such clerk officer who neglects or refus
to show such books or submit such statement
. each annual meeting, or to II stakeholder app
ing therefor, shall forfeit to such stakeholder
dollars for each tweuty-four hours he so neg led
reiuSpS. he recovered in an action on
case with full costs OF suit.
SEC. g. No officer Of Il private corporate,
formed in pursuance of Chapter l52 and 1853
the Revised Laws shall receive a salary unle
the same is voted and the amount thereof fixed
the board of directors, and any officer who shd
) appropriate 10 his own use as salary, to
, crease the same, any of the funds OF such corpd
alton, not voted by the directors, shall
deemed guilty of enlightenment and punished
provided in Section 4l49 of the Revised Laws
SEC. t. This act shall take effect from its pa
sage.
Approved Nov 22d, 1881.
No. 106.-An act to amend section 1864 of
Revised Laws.
1t is hereby enacted etc:
SEC. /. Subdivision ten of section 1864
the Revised Laws shall be so amended as
read as follows: To establish and mainta
literary. scientific. charitable and benevole
institutions and such societies as have fl
their object the promotion of moral, intelled
udl anu spiritual ueNelOpHlenU,
SEC.2. This act shall take effect from
passage.
Approved Nov. %, 1884.
No. 101.-An act in amendment of No. so, Ad
of 1882, entitled An Act in addition to cha
ter ninety nine, Revised Laws. relating
discharge of personal property mortgages.
1t is hereby enacted, etc:
SEC. l. The officer selling mortgage
property under the provisions of section OF
thousand nine hundred and seventy-seven
the Revised Laws, shall make a writtd
return of his doings on such sale, which
shall file in the town clerks office when Il
mortgage is recorded and the town clerk shd
record such return on the page of the recor,
containing the record of the mortgage upd
which the property is sold. Such retul
shall particularly describe the articles sol
and state the amount received for each, an
shall operate as a discharge of the lien the.
on created by the mortgage, The fees of t
officer for selling such property, shall be Il
same as such officer receives by law for a sa
upon execution. The town clerk shall recei1
from the officer fifteen cents for recordi
l the return, to be taxed as part of the cos
of the sale.
SEC .. Section three, number siXty-nil
t Acts of 1882, is hereby repealed
Approved Nov. 20, 1884.