The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1889-05-09
lOl.

II. r. NO. OOJ-AN All 70 on;cn0 cnapter
enc hundred and seven (lO1) general laws
Of one tho usand eight hundred aud eighty
three tlSS3), entitled IAN act 10 author
lee the organization and incorporation of
annuity, safe deposit, and trust compa-
Lies."
Be i enacted by the Legislature of The State
SECTION I. That :ection three 80 and sec.
ton four Il? Of said chapter one hundred
ana seven !lO7), as amended by sections >3)
and tour "a of chapter three % Of The Gen.
eral Laws OF one Thousand eight hundred
and eigh'y-fve (lse3> he, and the same is
hereby amended by striking out the words:
Two hundred thousand dollars" wherever
the same occur, and inserting in place there
Ct the words: One hundred thousand dol
lars and by striking out The " ords "Cne
fourth \A)' wherever TIE same occur. and
inserting III Place thereof the words One
SEC. .. That section three (3) of said chap.
ter one hundred and seven NO7; as amended
Laws OF one thousand eight hundred and
eighty Ave USS5) lie and is hereby amended
by adding to the said section the following
words: "and any such corporation having Il
larger deposit with the state auditor than one
hundred thousand dollars (SlOO, Olt) shall
be allowed at any time hereafter to withdraw
its deposit in excess Of said sum, provided
its whole deposit snail at no time be less
than one. eighth Osl ct its capital stock
SEC. 3. This act shah take effect and be in
force from and after its passage.
Approved Al I'll % II 80.
IOa.
II. F. No. 67O-AN ACT to amend title
one I) of chapter thirty fou: (34) Of the
general statutes one thousand exnt hun
d.ed and seventy eight relation to corpora
Be it enacted by the Legislature of the
State OF Minnesota:
SECTION l. That section one ~ Of tide %
ono Of chapter thirty-four (34j of the general
ut n 10 Dn,l tIn1 l.
amended by inserting before the word "nevi
CATION in the fourth line Of said section. the
words 'or othcr.''
SEC. ?. That said title one (l} of chapter
adding ,hece the following: Any corpora-
ton formed under this title in whole or in
part for the Improvement OF any stream and
drlving logs therein, or for holding or hand
ling logs therein which shall have taken
prior possession Of such stream, or any con-
siderable portion thereof, upon which por-
ton no other person or corporation has
erected any dams or other improvements
for that purpose, shall HAYES power 10 i'm.
prove such streams and its tributaries by
clearing and STRENGTHENING the channels
thereof, closing sloughs, erecting sluice ways.
booms OF all kinds. side rolling, sluicing and
flooding dams or otherwise II necessary but
shall in no case. in any manner. materially
obstruct or impede navigation upon such
stream or erect any dam or other obstruc-
ton below the head Of steam boat nayiga-
ton. Every such corporation which shall 50
improve stream and so keep in repair. and
operate its works SO as to render driving legs
thereon reasonably practicable and certain,
may charge and collect reasonable and uni.
form tolls upon all logs lumber aud timber
driven, slulced or f1oated on the same. AMI
may take possession of all logs put into such
stream str or upon 70, 1ollways, SO as 70 impede
agents shall not have come upon the stream
adequately provided with men, teams and
tools for breaking the roll-ways and driving
such logs in season for making thorough
the main drive; and shall also, at the request
of the owner of any logs and timber pu:intO
said streams. take charge of the same, and
drive the same down and ont of such stream,
| or down such stream so far as their Improve.
ments may extend. and charge and collect
said logs and timber, reasonable charges and
expenses for such services. And such cor
| poration shall for all such tolls costs and ex-
penses have a lien on the logs for which
! same was incurred, and may Eeize, in
whoever possession found, and hold a. suff1c-
sale thereof. upon giving ten days notice in
the manner provided for notifying sales on
execution upon the Judgment of justice Of
liens are enforced by proper proceedings for
that purpose, or may ask, demand. sue for.
collect and receive from the owner or owners
| Of such logs the amount due for any such
| NO OTUer snail be granted
to prevent the use or enjoyment Of any such
improvement. or abate any such dam neces-
| sary thereto unless such corporation shall
fail for sixty (6O) days after Judgment from
| which no appeal has been taken, to nav anv
damages recovered for any injury done by or
in consequence Of Its works. Any corpora
| ton formed for the improvement of a stream.
which is in whole or in part a boundary be,
tween this and an adjoining state, aud
authorized to drive logs or maintain booms or
dams in such stream, shall have authosity to
purchase and hold stock in corporation or
corporations in such adjoining state created
| for similar purposes upon the same stream
or to consolidate OF otherwise unite with such
| corporation or corporations in such adjoin-
ing state whenever the purpose for which the
corporation in this state is organized can be-
better affected thereby. Provided, that no
such purchase or consolidation or other
union shall be made without the assent Of
holders OF two-'hirds of the capital stock OF
such first named company. Provided. that
al! dams and other works erected under the
authority given by this act shall be 30 con.
structed, used and operated as to facilitate
and expedite the driving and handling log1
and lumber upon the stream Upon which the
same may be erected, and the corporation
making such Improvements hereunder shall
have no right to stop logs destined for points
dams have been constructed to accumulate
water for sluicing logs and flushing the river
below the same, and in such case shall moi
detain logs In any part Of the river SO as to
form jamb or prevent the prompt delivery
of logs destined for points below the works
constructed under authority Of this act
SEC. 8. The provisions Of this act shall ap
lied for the purposes specified In section two
10y of thiR act "A tn those hereaf or0s N zoG