Echo de l'ouest. [volume] (Minneapolis, Minn.) 1883-1929, 1893-05-11

public officer or municipality, accept such
| bond, recognizance, obligation, st1pulatioh
ever the same is executed, or the con
d'ticns thereof are guaranteed solely by a
corporation authorized under it's charter, 20
guarantee the fidelity of persons holding
places Of public or private trust, to guar.
antee the performance OF contracts, otheI
than insurance hap o ,na b. ana dmt 10 I in exeG ranni red
or permitted in actions or proceedings IN
law; and whenever any such bond, recog-
taking is so required to be made, given.
rendered or filed with one surety, or with
two OF more %sureties, the execution OF Lne
same, or the guaranteeing of the perform M
ance Of the conditions thereof. shall De
sufficient, when executed or guaranteed
solely by. such company SO authorized, and
shall be in all respects a full and complete
compliance with every requirement of every
law, ordinance, rule or regulation, that such
or stipulation shall be executed or guaran-
teed by one surety, or by two or more
%sureties, or that such s%ureties shall be
residents Or householders or freeholders or
both. and any and all heads of depart
ments, courts, judges, boards and NUM-
cipalities. and any and all public officers;
! duty it may be, or shall hereafter be, to
accept or approve the suficiency of any
lation or undertaking, may accept and ap-
prove the same, when executed, or guaran-
teed. solely by such company; and gu such
power and authority to execute ana guar
antee such bonds, recognizances, stip4la-
tons, Obligations or undsrtakiIgs' Wnetn S
United States Or Of any state or country.
The certificate Of the commissioner Of IN.
appears to his satisfaction, from sufficient
evidence on file in his office, that the com
pany, corporation or association executing
any such bond as surety thereon, or as
guarantor thereof has furnished the same
security which is required by law, or regu-
lations of his department, Of life insurance
l o0y11y IN I 11njn1s fhn rrnJiCinnC of Cn1t1nna
three hundred and fifty.eight, inclusive, of
chapter pteS+ thirty h6n5re of the hed general aerent ]statgtas
which provision. so far as the same can
reasonably apply. are hereby made appli;,
| associations affected by this act. and such
%sureties shall not he accepted or approved.
unless such certificate is produced, or 2
filed with the officer, board OF party ap-
proving the same.
Sec. 2. Any receiver. assignee, trustee
traitor or other tiducfary required by law
to give bonds as such. may include as a
part Of his lawful expenses, such reason
able sum paid such o company for such
suretyship not exceeding one per. centunl
per annum. on the amount of said bond.
officer by whom, or the court or body by
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; s,,on
bond. recognizance, obligation. stipulation
or undertaking. and any such surety may
terms and conditions rs are or NAV be by
law prescribed. for the release Of indi-
vidunls upon such bond. recognizance. obi
CATION, stipulation or undertakings: it being
the true intent and meaning of this act
to enable corDorations created for the pur-
pose to become sErety on bonds: recos
nnired by law. municipal or otherwise or
the rules and regulations of any court.
Judge: board, city chorter, village, town
Sec. 4. ANY comnany which shall execute
any bond. recognizancc OBLIGATION. stinula-
tion or undertaking as surety under the
in any proceeding to enforce the liability
which it shall have assumed to incur. to
donv it's corporate rover to execute such
instrument or assume such liability.
Soc. s. All acts and parts Of acts incon-
sistent with this act ore herehE ren nea d.
in force from and after its passage.
Approved Anril 10. 1893.
CHAPTER 43-H. T. 152.
AN ACT to enable cOrnoratiOnS fnc0r-
norrted Ivy or under special acts of the
legislature of Minnesota to alter their
powers and ORGANIZATIONS in certain re-
snects. Apnroved March II. 1893.
Allows such TO change the number of
directors. to increase or diminish the canital
stock or the number Of shares thereof; or
| TO 1S me tiHJ Nf''i' III '''Vv. ~ SUI lttJl
Of directors and the pnhlication and filing
Of the same in accordance with title one
of chapter thirty-four of the general stat
ntes.
CHAPTER As. f. 427.
Al ACT regulating certain kinds Of in
srrance in this state. Approved April 'ls,
1909.
Authorizes associations formed unon the
plan known as L7oyds or individual
underwriters to transact business. after
reporting to the insurance commissioner.
rITA T1u1LsI1 AZ IT 1H 1C1
AN ACT to define who are entitled to
stock certificates: Of what they are evi;
dcnce: and to provide for their renewal
stroyed. Annroved April 8; 1893.
Provides that in cornorati6ns ISSUING Ger Ger,
r'MI''t to ." such sh'' corp ora - the he' owner Of
such shares shall be entitled to a c%ertifi-
cate. and the same shall be 41rina faclee
such certificate being worn and DESTROYED
the owner is to have a new certificate
under proper restrictions.
CHAPTER 46-H. +. 8.
AN ACT to provide for the Incorporation
Of clearing house associations. Approved
Any number of persons or banking cor
porations not less than three may incorpo-
rate for the purpose of establishing and
conducting, clearing house associations. for
speedy and systematic daily exchanges.
settlements and adjustments between banks
and banking associations.
fiji r.. !Mi.
| AN G. to enable q benevolent. charitable
or missionary association to authorize an
other corporation to elect a portion of its
trustees. directors or managers. Approved
April IS. 1893.
CHAPTER 4s-H. Z. III.
! AN G relating to RELIGIOUS corporations.
Approved April II. 1893.
Legalizes cornorations which have failed
to fully comply with section two Of the
act in fling their articles, and confirming
CHAPTER 49-S. r. 1874.
| AN G to legalize in certain cases pro-
ceedings for extending the period Of cor
porate existence. Anproved Anril 10, 1893.
CHAPTER 5O-H. r. 221.
AN ACT to cure certain Irregularities in the
organization Of private cornorations, I'M
der the genernI laws Of this state. APP
proved April IS. 1893.
Legaljzes corporations acting in good
faith. having published their articles ir-
CHAPTER 51-H. r. II.
AN ACT to provide for chang. of venae
in civil actions III municipal courts, in
counties having more than one municipal
court. Approved February II. 1898.
Provides for q change from one municipal
curt to the nearest other municipal court
in the same county.
CHAPTER 52-S. f. 100.
Of actions brought upon recognizance in
criminal prosecutions,
Be it enacted by the Legislature Of the
State of Minnesota:
Section l.. All actions for the recovery
Of any penalty brought against a principal
either by q party or a witness in any
criminal prosecution in any of the courts
in this. state. shall be brought and tried
in the county in which the action or pro-