The Superior times. [volume] (Superior, Wis.) 1870-1912, 1891-05-16
No. 13l, Al


nUtv, deposit and Nv
and to repeal chapter 15s, laws ~ lSs-. e-,t..1 i.
''sn act to provide for the organization ~ -
ranies." and the repeal OF ch9pter n I.a- ass..-
entitled AN net to provide for the nrra- r4.s ,
trust companies - and to repeal char..- . .-..
laws of 1888, entitled. AN act to pro. sao FIR 49,
gnnization Of trust companies" g.
senate and assembly, do enact % follows 4
Section I. ANY number of persons he a.. 3D. j.,
Ave. may associate themselves ard l,ro., =
nuitv, guaranty. snfe deposit ard s..-.~
upon complying with the provts'1-- ..r,.. Il. J
the revised statutes OF Wisconsin r-f ~
cessors. shall be entitled 10 the r'~t'. -...
and subject 10 the duties and OBJ "a -
section !. The capital stock Of rrv .u., -.-.....
shall be Ked and limited nv tho or''.
(s1e0 oool and not to eroeed rive gun,
that in cities of less than hurf.
habitants such Canttal .iock sh', IN
capital stock named in the articles 70
have been paid In. in cash. and an no .r-r ..-
IS dnv sworn 70 hv the president or '.a
the corporation and filed with The s..r ....-. -.
the secretary Of state shall by prone la-..
lie such association n commonc" l"-t r..a.
act. The balance Of the capital s'o or
ton shall he paid in nj such ttr.a. ANT
amounts, % the board Of directors ,..v #.aa-.
but the whole thereof .hsll Ne ra.3 tm
months from the date Of the coron,n-..r .s.e
ness and whenever such CRVdtal
paid. and an affidavit to that e@.,t IS '.,s s-- &.
the president or the secretary Or the crrr..a-..
filed with the secretary Of state Na saat -.e-....
corporation cert hrate 10 tE'r "9as'
Section B. As soon rs posst''" e~' uo' s.s=,.-..
six months after any such cornn0rv Ias c.r.-..
than hfty rer centum q ne aT,'"' # .ts
amount such deposit to he In C..f. ,r ...-
MORTGAGES, or notes and mortgages. or r.-...
real estate within the state ~ Vt-a--s-
double the amount secured thereby. f.a.
and bonds of the United States Of az, sire ...
United States that has not dcfaUltni --.-...
Interest within ten wears or OF INV or..,....a 49,.
or township or fncorporatod CITY IN his ..-r
upon oil which bonds or other .,c,r- .t
have been defnult in the pavuse-' nf tn-..r- .
principal for a longer period than 2 .rrN ..ae HE-
bonds 4
or public stocks or bonds shall I've a,. Il =. .,
treasurer in trust ms security for .'.s g. -.. q
creditors Of said corpora ION md FOR rt. +. II
cution 81 any trusts which Toe. rar
p6ratou NAV from time to time v ..r ..... 4
securities from Tho said state treasure So rs, 80
cash ~ part Thereof: provided. a.s ?
cash Of the amount md value Required t ...- III
at al times during the existence nj stt..
remain in the possession Of the stnte t~.se
PURPOSE Aforesaid And gntt' otl"rws. .nler-. IS.
shall paw to such carr.ra' pr. ri #..r..
dividends, other income which boo a,r .., +,
panv 10 collect the same fer IFS oor l,r.., -
such deposit being mnde Tie e,a,r ,-s., rl- - -
and an amount eGrai 10 that STATED - -,,.F e..a,
shall remain with the state tr.asarcr In f.a..er
provided above
Section 4 The stock property and a~e,r. 3, surh
corporation Shall be m amazed Nv NAT lose "a
directors each Of whom shall own ma Ill, II s.s r.
name not less than shares Of the carrtr s.e.e
the company To he elected Rncr the rr-l at-.rau tv
the second Tuesday Of January Of o4,h wear g. g..
manner as the bylaws Of said corporal OH seal. 70,
termne and shall hold their offices for lie p4r5H.s
one YEAR and until thpir sucr,sa,rs sf.qu b., .f.-,
chosen and qualified: said directors ah II Lave r.r
to make all bylaws that NAV he proper ana prr5s,r
general regulation and management az the irs55ae !,
at s s,i,,ln aton we l''l g" y. am
niasGrity 81 tt,s, convened frr - tho H., 1ws
shall constitute quorum for the transaction Of I,st
ness. sad Ijrecors sba-hava mo newer 10 I'm ~
vacancy which NAV happen in their hoard by deaf
OF ~ r., .'e current 't,I;
~ ~ - h "sirp .l, ~ e. i'' .f ~ -, ~.
C1IGson IN sTch manner 90 ths b,,-IaWs tbeysf - r
.aoIi ~ such hummer rs 'Ae ny 4"Ns 'i'eie'5 s.t
iiSec,iiaes 49,. oo-,oro,,o, o-,,,,t,,s ,,r,- +,.
- ~, .. any corl"'hli NV, T. Ur4al.'i .l.f
~ '',at ,;noe ~ s. ~, ~" ~, 800 ~, W. -
Jis,,osa ~ o., ofr,rts 80 1,,o,,or = ! ~, -
snnal witch MOI, lao rrr.,rI5 49,
ronv@yod 70 II vifb its consent ,,r,,r INV. ~. ~
,arson ~ arsO+s JTcI''din' ,arrf+
minor. hoSv or holIes cornornt@ ny t, a.. ~
-. ~ !. ~ 49,, VI l', - ~ w" .'. z.
o,b.r ,,rg,crt =. &c e., ., ,,,,s,o5 ~ v,,rt
or in Ne mae ~ ~ F" M fl,n 20 TI.
~ ~ w " t =. u. il'l,l OF mar
80 ~ sSct, III ~ 49, r,.ria5 ,,.,,,,', 4, s
go &c., 90 49,; Is4 4, IN ~, -
so - t+, ~ ~ ~ W ~ ~ . ~ Ia
"a 5;srtorro ~ In.sas : - -,
sn5h reretaS,'. al a., nay ne asr.gI on ard a'v
oTe nj nv aattorrav f1r Ia to, s,rtt,, - -
manaEeTent Of estates the collection of ro.~ Htr'~
fr ns no, ana I r., ',,,. ~, o's, ,'N
issuirg Irratiatf3lr re,yisterin. tr5,.fr ..,
trsi.r1ir, ~ ~,
iiGotTans ~ ony cnrr,"r9tto- ssSIc5o.'
palfty and 10 manage any sinkin, fr.n q, r.l,r ~,
tt,IcI' ter,Ts a., r,or ! a go ~ '"'
many orraniza5 r,,IIor ths I,royfsiT,s ,t# . ~
hny4 mower TO accent ana - yarrItr tie ,.a ~ 49,,
e,,Ftor ad,I i,istr,t,r r-rIs+'o - - 800. ~.
guardian Of any minor or insane rr ,.r ,.or
Son I.Tu,,ic or erv rprs,D sr,1-f,r+ a. -
ou5 Iu ali rssrs Vlrl at.trfroti,,, .f..rE t r.,
onv r3urt iu ,rfs stato ~ tj'c .,,., - ON,
$3.50 rC..f.,r ,,r,r7s,., - J.. .... -
rt',,,,5tr,- ~ KIN. -, i,l.. ~
,-r.,,, i,ra. :. ar ~. ,
anSsip il shall he law raj ar frr,. ,f r..rt H. r4t
sfsrlI tGTIr,I,- vim H. ,fIs II, IiI ,,,i INC ~
Offices nnd the accounts If sad cprfr.fr., a4 s1lrb
trustee receiver aSssrca r-n,'rr a 81 fsretnr or
guardian shall 20. r..usr,y ..ltI,l ana r 3gsed Nv
the rrer officers ol Fri .,r4-. and . p r,t t.gef
IIs,,at T,I ,,Fsi,-,pr, I4rsss r... aud .,r..- laI
he allowed IN such rorplfv fa I,,r. ana rrtarapc-
rnet ~ rio ~t4tr s., committed IN H. In sr If sII,h
arr,irrrnri Iy my ,rt u,, ,ar,ra,gy sl,a MOI i,
ra,fpiral m r.,.L ana IN, ar rv,. any fngI ar