Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1884-12-19


} title thereto, sells the same without the con-
sent of the person to whom the lien was given,
or the person holding under him, and who
ever, with intent TO defraud, conceals or aids
/ in cOncealing personal property upon which
/ there is such 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 2. Prosecutions under the foregoing
section may be commenced VI. m the com
plant OF the town grand juror OF the town IN
which the lienis recorded, or of tn Q States
| attorney of the county, before Just ice, 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 8. This act shall take effect from its
passage.
Approved Nov. 25, 1884.
No. 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:
SEC. l.. A person, who Willingly, falsely
and deceitfully makes, alters, FORCES or coun-
| terfeits, or Willingly, falsely or deceitfully
causes to be made, altered, forged or counter
! feited, OrprOcures aids or cOunsels the making,
| altering, forging or cOunterfeiting of a certif-
| icate of stock or any evidence or imminent
! of title to property with intent to injure or
]
| State prison not more than ten years and
fined not more than one thousand dollars.
! SEC. 2. a person who utters and publishes
as true forged, altered or counterfeited
certificate of stock or any evidence or NUM-
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. 3. This act shall take effect from it's
passage.
Approved Nov. 10Th, 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 a valid transfer of
| the shares OF stock represented by such GER
| titicate 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
+. itOrs of the aSSignorS, 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. 2. This act shall take effect from and
after its passage
Approved Nov. %, 1884.
| No. 104.-An act amending section 1888 of the
Revised Laws relating to private corpora
tions.
1t is hereby enacted ETC.:
SEC. l. Section 1888 of the Revised Laws,
is hereby amended to read as 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 it's
passage.
Approved Nov. "a, 1884.
| No 105. An act amending section three
thousand two hundred and seventy-six and
three thousand two hundred and ninetv-fve
of, and in addition to, Chapter 1913 of the
Revised Laws, relating to private corpora
tons
1t is hereby enacted, etc.:
SEC. l. Section three thousand two hundred
and seventy-sX of the Revised Laws is hereby
amended as follows
By inserting the word "mercante" after the
word manufacturing" in the fourth line thereof.
SEC. 2. Section three thousand two hundred
and nnety-five of the Revised Laws is hereby
amended to read as follows
All books of the corporation containing their
accounts, shall at 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 neglects refuses
to show such books or submit such statement at
, each annual meeting or to a stakeholder apply
ing therefor shall forfeit to such stakeholder ten
: dollars for each twenty-four hours he so neglects
or refuses, to be recovered in an action on the.
case with full costs of suit
SEC 8. No officer Of a private corporation
formed in pursuance Of Chapter 1852 and 153 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 rs salary, or to in
crease the same any of the funds of such corpor-
alton, not voted by the directors, shall be
deemed guilty of embezzlement and punished as
provided iu Section 4l49 of the Revised Laws
SEC. 4. This act shall take effect from its pas
sage.
Approved Nov 22d 1881.
No. 106-An act to amend section 1864 of the
Revised Laws.
1t is hereby enacted, etc.:
SEC |. Subdivision ten of section 3664 of
the Revised Laws shall be 50 amended as to
read as 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.
SEC. 2. This act shall take effect from it's
passage.
Approved Nov. %, 1884.
| No. 107-An act in amendment of No. SO, Acts
of 1882, entitled An Act in addition to chap
ter ninety nine, Revised Laws, relating to
discharge of personal property mortgages
1t is hereby enacted, etc.:
SEC. l. The officer selling. mortgaged
property under the provisions of section one
thousand nine hundred and seventy-seven of
the Revised Laws, shall make written
return of his doings on 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 as 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 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. 3. Section three, number siXty-nine
Acts of 1882, is hereby repealed.