Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1891-04-30

AN ACT to end .ectioue one and three of chapter
hundred and eihty six of the iuhc Laws eighteen
hundred and eighty '"ne, relating TO oeish corpora
Sections one three. OF chapter wn hundred and
eighty nne hereby amended 40 a- To read sioo"s
sEdr, No foreign corporation, OF any agent OF rep
thereof shall offer to cell sell or negotiate IN
state houds, mortgages, notes Other chooses Ia
scons lasued indorsed OF guaranteed by IT, Unless 1t
nrst obtains license therefor from the bank examiner
Before receiving such license IT nll furnish the examiner
detailed statement OF its condition, which statement
sha clearly describe the ea>ses OF ia aseaa sud
liabilities and shall be I" by either liza pesic't
Seasi two OF 1t. directors said statement shall Ia all par
ticnlars be NJ iull N the examiner may require pen re-
Authorizing coronation to conduct It's husines
an subject to It, laws until the rat DAY OF le
next pecember and such cense aS be renewed Annually
long the bank examiner regards the
poraon responsible aud SAFE but IN all cases to hlm
nate the hst day 'i the succeeding D"ceuh.f The
examiner may revoke such license 1T an, time shond he
deem condition of such corporation or 4" nAnaGr
ment unsafe whereupon the risht OF sneh @ 10
do In this state shall terminate For such u
and each renewal the corporation shall pay the
Seer . IL elall be the duty "f such ccrpontion or s
rSbit,het in any town or city by bank
lner copy of the statement furnished him Every sneh
corporation shall ~ the tune OF making Application lSr
cense as provided. appoint writing the bank
examiner In ONCE TO be its true and lawful
attorney upon whom all lawful processes IN any action or
proceedings against may TO served, ana sueh writing
agree thai lawful process against which served
on said attorney shall he the gai force and valid
i,y a. served upon corporation and that the author
y shs continue in force so long as any 1t.,y te'hsn
made In such manner On said corporation IN any such
sut or proceeding shall be valid md binding thereon AMI
Judgment rendered therein -Atl bind the rofpon"a
s valid respect whether the defcnGAnta appear
or not II license 10 granted by the bank examiner he
shal place writing die in his office TO take effect
hererou hut II license Is not granted by nun u Th'I TO
returned to the corporation Copes OF sad writing, GER
teed BY The examiner shah be deemed sufficient ev
dence thereof Whea legal process against any such cor
poraon upon sii bank examiner he shall with
In Ten DAYS mai cops thereof. postage pre-
pad Directed address of said corporations or TO
person a-stgnatsd by said corporation In writing The
plnntf IN process served eha To the bank
the time OF such service fee OF two dollar
which shall be recovered 10y him as part OF his taxable
cost. If he prevails in the suit,
Snch corporation and It, agents iuf the pur
poses mentioned, under the supervision
of the and shall Mt ali times az his request
furnish h such statements and Information rs he may
desire together full facilities to ascertain the IW'
condition standing OF the same and no person shal
net agent representative OF such corporation before
tbe provided s granted or alter The same
has revoked. Amy person violating any 81 the pro
yt.tous OF this shall be deemed gully OF msde
,ncanor and conviction thereof be Hate to Tine not
exceeIin, hundred dollars OF imprisonment mot cL
ceeding sixty days, both. All provisions in sections
one three the aforesaid chapter two hudreh
and etRhtysS inconsistent with this act are hereby re
peaedt approved April -