The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1893-05-04


bond, recognizance, obligation, stipulation
or undertaking and approve the same when
dons theref are Of soeg by
corporation authorized under it's charter, to
guarantee the. fidelity. of persons holding
antee the performance Of contracts, other
than insurance policies and to execute and
guarantee bonds and undertakings required
law; and whenever any such bond, recog-
nizance,. obligation, stipulation or under.
tendeFed or fled With one on surety, Ety. or with WITH
two or more sureties, the execution of the
same, or the guaranteeing, of the perform
sufficient, when executed or guaranteed
solely solely by such company SO authorized, and
shall be in all respects full and complete
compliance with every requirement Of every
law, ordinance, rule or regulation, that such
bond, undertaking, recogaizance, obligation
q on pav De or by o or e
sureties, or that such sureties shall be
residents rat.l or householders or freeholders OF
ments courts judges 81 boards and of NUM-.
state county. town or municipal. whose
accept or approve the sufficiency of any
| such bond recognizance, obligation, stipu.
he heS SfePd and a
! teed, solely by such company, and oil such
| corporations are hereby vested with full
power and authority to execute and guar
! antee such bonds, recognizances, stipula.
| tons, obligations or undertakings, whether
! given under the laws Of this state of of the
| The certificate Of the commissioner of in.
surance Of this state. to the effect that IT
appears to his is satisfaction. from sufficient
| pany, corporation or association executing
any such bond as surety thereon, or as
security which is required by law, or regu.
lations Of his department, Of life Insurance.
ndrn1 3vv1 -
three hundred and ffty-eight, inclusive, Of
chapter thirty:four Of the general statutes
OF n eighteen een;s,h hundred and
cable. to all Companies, corporations and
sureties shall not be accepted or approved,
duly certified copy thereof is produced and
h MED: with n the officer board or party APP
Sec: 2. Any receiver, assignee, trustee.
committee, guardian, executor or admins
part of his lawful expenses, such. reason
suretyship not exceeding one per centun,
per annum, on the amount of said bond,
az the head of department, court, Judge or
which he was appointed, allows; and in all
actions or proceedings. the party entitled
reasonable sum as may have been paid
such company for executing or guarantee.
ing any bond or undertaking therein.
Sec. g. ANY company executing such
bond. .rccognizance,- obligation, stipulation
be released from its liability on the same
law prescribed, for the release Of indi-
viduas upon such bond, recognizance, obli-
cation, stipu'ati ion or undertaking.; it being
the true intent and meaning of this act
to enable corporations created for the pur-
, pose to become surety on bonds. recog
nizances obligations. or undertakings re-
: | mUnjciD11
the rules and regulations of any court.
Judge: board, city charter, village, town
, organization or otherwise.
Sec; f. Any company which shall execute
any any pond recognizance obligation. stip1la-
or df c as surety under ths
! which it shall have assumed to incur to
instrument assume such liability.
l Sec 5; Al t acts and parts OF acts incon.
a Approved April 10. 1893.
: CHAPTER 43-H F. 1872
i porated by or under special acts Of tho
l. legislature Of Minnesota to alter their
powers and oresnizati9ns in certain re-
e Allows such to change the. number Of
directors, to increase or diminish the capital
0E * se the pe a ct sce Sv
20 Of directors and the publication and filing
. Of the same. in accordance with title one
o Of chapter thirty-fou of the general stat.
e utes.
e CHAPTER As. f. 4s7.
n AN ACT regulating certain kinds Of in
' snrance in this state. Approved April 1s,
h Authorizes associations formed uron thu
h1Gwn to as 9ya atsr
reporting to the insurance commissioner.
e CHAPTER 45-H. F. 431.
AN ACT to define who are, entitled to
ana to f "fa e sE
8 stroyed Approved April $, 1898.
n tiicates Of stock, when. fees and dues are
+ paid to such corporation. the owner OF
such shares shall be enttlnd to cert
. evidence Of such ownership. In case Of
such espae 10 6e have n AND
- under proper restrictions.
n CHAPTER 46-H. z. 8.
r AN ACT to provide for. the incorporation
Y Of clearing, a house associations Approved
e Any number of persons or banking cor
n porations not less than three may incorpo.
T. conducting clearing house associations, for
l. the purpose of effecting at one place the
e speedy and systematic daily exchanges,
It settlements ald adjustments between banks
n and banking associations.
=. CHAPTER 47-H. f. 9Oa
or AN ACT to enable a benevolent. charitable
IL | OF missionary ASSOCIATION TO authorize an
is other corporation to elect a portion Of its
trustees. directors or managers. Approved
'e April Is. 1893
CHAPTER 4s-H. r. Ut.
AN ACT relating to religious corporations
Approved April II. 1898
& Legalizes corporations which have failed
|, to fully comply with section two of the
IS all acts, rights and privileges exercised.
o CHAPTER as T. 1884,
IL AN ACT to- legalize in certain cases pro-
ceedings for extending the period Of cor
r porate existence Approved April 10, 1893
K CHAPTER 50-H. r. 221.
e. AN ACT to cure certain Irregularities in the
E. organization Of private corporations, I'M
u proved April Is. 1893.
g Legalizes corporations acting in good
faith, having published their articles ir
regularly.
ID CHAPTER 51-H. f. r.
~ AN ACT to provide for chang. Of velle
d in civil actions in municipal courts, ir
court. Approved February II, 1893.
* Provides for change from one municipal
" curt to the nearest other municipal cour
a. in the same county.
CHAPTER SIS. F. 100.
ne AN ACT in reference to the place of tria
20 Of actions brought upon recognizance il
D. criminal prosecutions.
Of Be it enacted by the Legislature of til,
Section 1. All actions for the recover!
1s Of any penalty brought against principa
I'd o. surety in any recOgnizance entered int
ts either by party or q witness In an!
h in this state. shall be brought and trie'
ed In the county in which the action or pro
ceeding in which such recognizance i
er1 taken, is pending, unless the court shall