Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1884-12-19
Approved Nov. 20. 1884.

property on which there is lien.
II !. her by enacted, etc.:
SIC. l. Whoever, heing in possession Of
personal property, rec lived upon written
conditional contract Of sale with a lien
reserved thereon, duly recorded as required
ny action 1892 Ut the Revised LaAs, WIN iu.
ient to defraud, before the performance of the
conditiu precedent to acquiring absolute titll
thereto, sells the same without the consent of
The per.on to whom the lien was given, or the
crs0n holding under him, and whpver, with
intent to defraud, cOnCeas or aids in concealinR
ueituuNl properly upon which there l. such a
lien, shall he hned double the value VI the prop.
city 50 wrOngfully sold or cOncea led. Oue-balf
to me use OF the party injured, and the other
h't 10 the use OF the town where tie lien is re.
corded.
SIC 2. Prosecutions under the foregoing
section may he commenced upon the complsint
Of the town grand juror Of the town in which
the minis recorded, or Of the States attorney of
the county, lVfOie justice, who shall have iu-
'is"lr ION Of such Otleuses; such Prosecution
may also be commenced by the party injured,
rs a common infOrmer, provided he c1inply
win tic statute IN such case made and prOyid-
ed.
SIC 3. This act shall take effect from Its
passage.
Approved Nov. %, 1891.
No. l02.-An act relating to forgery and coun.
terleiting VI certificate, OF stock and eyidenc.
ter 1913 NJ the Revised Laws.
Il Is hereby enacted, ttc.:
SEC. /. ANY person, " no Willingly, falsely and
DECEIT ully makes, alters, fofges 0rrOunterfeits
or willingly, falsely Or deceitullv causes to he
made, altered, 10 ged or cOuuierieited, or pro-
cures,atds or counsels the mating, altering. tor
ging or cOuuterieting OF certificate o stock or
any evidence or imminent Of title to property
with intent TO iniure or defraud any person shall
he imprisoned in the State prison not more than
tor a4aH md NfaaaH v.s.E Al.
dollars.
HLC.2. A person who utters and publishes
~ true forged altered or counter trtieI c,.rtit-
lcate OF stock VI any evidence or imminent Of
title to property, knONing the sane to be false
altered. forged or cOuuterfeitsd, With intent TO
iniure or defraud any per. on, shall he imprisou-
ed In the State PRISON not more than ter years
aud fined no. more than ole thousand dol
lars.
SIC 3. This act shall take effect from its
passage.
Approved Nov. 10. 1884.
No. l03. An act TO provide for the transfer of
stock IN corporations as collateral security.
1t Is hereby enacted, ETC..
SEC. l.. The transfer, by assignment and de-
lVeTy, OF certificate or certificates OF stock in
any cooperation, in this State, as cOilbtefal Sc
curity, shall lie valid transfer Of the shares OF
stock Represented Ivy such etrtIticate or ceItifi-
Gates, when made to secure q valid debt or ubli-
RatloR, RS against the party 30 tfan.ferrinR the
same, MS heirs, executors, administrators and
assigns, and when notice Of such assignment
aud delivery shall have been given to the clerk,
cashier or treasurer Of such corporation and
memorandum OF such transfer made upon tho
stock ledger OF such corporation, such assign
nent shall lie valid sEainst the subsequent at
zach ing creditors Of the assiguers proI IJed the
same Is made in good faith; but nothing here
in shall change the evidence OF ownership Of
such stock 70 lar Us the corporation Is concern
ed.
SEc.2 2. This act shall take effect from and az
ter its passage.
Approved Nov. 25, 1854!
| No. l04-An act amending section 1888 Of the
Revised Laws relating to private corpora
tons.
1t is hereby enacted, ETC.:
SIC /. Section 32Ss OF the Revised Laws
/ is hereby amended to read as follows: The
| 4lnuuut ~ capital stock shall he determined
| in the articles OF ASSOCIATION and shall not be
| less thaPfyc hundred dollars, not more than
| one million dollars, and shall he div4ed Into
shares not exceeding one hundred dollars
| each.
SBc.2. This act shall take effect from its pas
sage.
Approved Nov. p, 1884.
| No. l05.-An act amending section three thou-
sand two hundred and seventy six and three
/ an
| in addition to Chapter 1853 VI the Revised Laws
relating 10 private corporations.
| II l. hereby enacted, etc.
SEC. |. Section thee thousand two hundred
and seventy-six Of the Revised Laws is hereby
amended follows:
by inserting the word mercantile" after
Ike word manufacturing" in the fourth linz
thereof.
SEC. 2. Section three thousand two hundred
| and ninety-hye OF the Revised Laws is hereby
amended IN read as follows:
All hooks of the corp jratiOn containing their
accounts shall AZ each annual meeting OF the
| stockholders thereof and at other reasonable
time, be open for The INSPECTION OF such stock
| holder the clerk or other Of1icer shall prepare
and submit to the stockholders at each annua Al
meeting statement, In writing, Of all receipts
and expenditures, including salaries or the
| preceding year, with its assets and liabilities
| and such clerk or officer, who neglects or refus
| es 20 show such hooks or submit such state
ment az each annual meeting, OF 10 a stock hold
| er applying therefor, shall forfeit to such stock
holder ten dollars for each twenty -four hours be
- ue-lrcts Or refuses, 20 he recovered in an &C
ton on the ease with full costs OF suit.
SIC. 3. No officer " private corporation
! formed in pursuance o. Chapter lj2 aud 1853 OF
| the Revised Laws shall receive a salary, unless
the same is voted and the amount thereof liked
by the board OF directors, and any officer who
shall appropriate TO bis own use as u salary,
or 10 increase the same any Of the funds Of such
| corporation, not voted by the directors, shall
Ike deemed guilty OF embtzzlemeut and pun
ished rs provided in Section 4l49 Of The Revised
| Laws.
ssc. 4. This act shall take eject from Its
Approved Nov. %, 1884.
No. l05.-An act to amend section 1864 Of the
Revised Laws.
II Is hereby enacted. ETC.:
| tan ,Af -
the Revised Laws shall I've so amended as "a
| read IS follows: To establish and maintain III.
| erary, scientific, charitable and benevolent in.
| sututiOns and snch societies as have for theiI
object the promotion OF moral, intellectual and
| spiritual development.
SEC ?. This act shall take effect from its
passage.
Approved Nov. p, 1884.
No. lo7.-An act in amendment OF No SO, Act,
Of 1882 entitled, An Act in addition To cuap.
ter ninety niae, Revised Laws, relating e
discharge Of personal property mortgages.
II Is hereby enacted, etc :
Sc. |. The IN 'er selling mortgaged prop
erty under the provision Of section one Thousand
nine hundred aud seVenty-seven Of the Revised
Lass, shall make awritten return Of his doingi
ON such sale, which he shall lille in the towr
clerks office when the mortgage is Jecsrded and
the town clerk shall record such return ON tn.
page OF the records containing the record o.
| TIE mortgage upon winch the property il sold
Such return shall particularly describe tho arti
Giles sold, and state the amount received for eact
and shall operate rs discharge OF the heI
thereon created by the mortgage The fees o
the ,lficer for selling surh property, shall b,
the same rs such utiiuer receives hv law for ,
sale upon execution, The town clerk shall re-
ceiye from the ,fticer fifteen cents for recording
the return, 10 be taxed as part OF the costs .
p the sale.
SEC. ,. Section three, number sixty nine Act
OF 1889, is hereby repealed.
Approved Nov. 25, 1884.
No. loS.--An act TO amend section two thous