The great West. [volume] (St. Paul, Minn.) 1889-18??, 1893-05-19


ever the same is executed, or the con-
| ditions thereof are guaranteed solely by .
corporation a.. authorz 1 under its charter to
places OF public or private trust, to guar
antee the performance Of contracts. other
than insurance policies, and to execute and
| guarantee bonds and undertakings required
or permitted in actions proceedings in
law; and whenever any such bond, recog.
taking is SO required to be made, given,
| rendered or fled with one surety, or with
sMo or more ore surees the execution * Of tho
ance OF the conditions thereof, shall bs
| sufficient, when executed or guaranteed
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
| or stipulation shall be executed or guaran.
| teed by one surety, or by two more
| sureties, or that such sureties shall be
residents or househoders or freehoders
| both, apd 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 all 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
| 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 surety thereon, as
guarantOr thereof has furnished the same
| security which is required by law, or regu
lations OF his department, of life insurance
| three hundred and fifty-fve to section
| three hundred and ffty-eight, inclusives Of
chapter thirty four Of the general statutes
which provision, so far az the same can
reasonably apply. are hereby made appl:
associations afected by this act. and such
| sureties shall not be accepted or approved,
unless such certificate is produced. or =
| filed with the officer, board or party ap-
proving the same.
Sec. 2. Any receiver assignee. trustee,
| committee. guardian, executor or admins.
| traitor or other fiduciary required by law
| to give bonds as such. may include .
part of his lawful expenses. such reason.
| able sum paid such company for such
| suretyship not exceeding one per centum
| per annum. the amount Of said bond,
| as the head of department, court, judge or
officer by whom. or the court or body by
| which he was appointed allows: and in all
| actions or proceedings. the party entitled
| to recover costs may include therein such
| reasonable sum as may have been paid
| such company for executing or guarantee.
ing ga any :, bond or undertaking therein
|
bond. recognizance. obligation, stipulation
or undertakings and any such surety may
| terms and conditions as are or NAV be by
| law prescribed. for the release OF ind.
| viduals upon such bond recognizance. obi.
| cation, stipulation 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
| ouired by law. municipal or otherwise
the the rules and regulations Of any court
Judge; board. city charter village town
! organization or otherwise.
| Sec 4. ANY company which shall execute
any bond. recognizance. obligation. stipula.
| in any proceeding to enforce the liability
which it shall have assumed to incur. to
DENY its corporate rover to execute such
| instrument or assume such liability
| Sec 3 All acts and parts OF acts fncon.
sistent with this act are hereby repealed.
| in force from and after it's passage
| Approved April 49, 1893.
| CHAPTER 43-H r. 1872
! AN ACT TO enable CORPORATIONS tneor.
| porated by or under sneciaI acts of the
legislature of Minnesota TO alter their
| powers end organizations in certain re.
| snects. Approved March II. 1898.
| Allows such to change the number of
directors to increase or diminish the caDitai
stock or the nrmher Of shares thereof or
| to fix tho Dar valne at StNn nv resolution
| of directors and the publication and films
| of the same in accordance with title
of chaptef tnlrty-four OF the general stat
| utes.
| CHAPTER Is # AT
| AN ACT reguIating certain kinds Of in.
| surance in this state Approved April 49,
Authorizes associations formed unon tho
n'an known as I1oyds or individual
| underwriters to transact business. after
| reporting to the insurance commissioner
| CHAPTER 45-H r 431.
| AN ACT to define who are entitled TO
stock certificates: OF. what they ere evi:
dcnce: and to provide for their renewal
when worn out lost DAMAGED or de.
| stroyed. Apnroved April g. 1893.
| Provides. that in corporations issuing Ger.
| tifcates of stock. when fees and dues are
such shares shall be ENTITLED to certih,
cate. and the same shall be prima faciG
such certificate being worn and destroyed
| the. owner is to have new certificate
| under proper restrictions.
CHAPTER 46-F. f. g.
| AN ACT to provide for the incorporation
Of clearing house associations. Approved
March 4. 1898
Any number Of persons or banking cor.
| porations not less than three may incorpo.
| rate. for the purpose of establishing and
| the purpose Of directing at one place tho
| speedy and systematic daily exchanges,
| settlements and adjustments between banks
and banking associations.
| CHAPTER All. f. 900
AN ACT to enable a benevolent. charitable
or missionary association to authorize an.
| other corporation to elect a portion OF its
trustees. directors or managers. Approved
April 49, 1898
| CHAPTER Ash. r. TT.
| AN ACT relating to RELIGIOUS corporations
Approved April II. 1893.
Leealizes corporations which have failed
| to fully comply with section two Of this
act in filing their articles, and confirming
| all acts, rights and privileges exercised.
CHAPTER as r 1874
| AN ACT to legalize in certain cases pro-
| ceedings for extending the period Of cor
porate existence. Approved April 10. 1893
| CHAPTER !O-H. r. 221.
| AN ACT to cure certain Irregularities in the
| organization of private corporations. nm
| der the general laws Of this state. APP
proved April 49, 1893.
Legalizes corporations acting in good
| faith. having published their articles ir-
| regularly.
! CHAPTER 51-H F. II.
| AN ACT to provide for chang. Of vells
in civil actions in municipal courts, In
| counties having more than one municipal
court. Approved February II, 1898.
Provides for change from one municipal
| curt to the nearest other municipal court
| in the same county
CHAPTER 52-S. IT. 100.
| AN ACT in reference to the place Of trial
of actions brought upon recognizance in
| criminal prosecutions.
| Be it enacted by the Legislature of the
| State Of Minnesota:
Section 1. All actions fer the recovery
| Of any penalty brought against principal
| O. surety in any recognzance entered into
| either by a party or 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 pro-
ceeding in which such recognizance is
| taken, is pending, unless the court shall
for cause other than the place of resi-.
deLce Of the defendants change the place
of trial of said action to any other county
| as provided by law.
Sec. 2. This act shall take effect and be
in force'from and after it's passage
Approved April 4, 1898.
CHAPTER 53-S. f. 527.
AN ACT to provide for the abatement of
actions in certain cases. Approved March
81. 1893.
Provides that in actions commenced in
| any court AGAINST members. officers or en-