The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-05-03
CHAPTER 245-s. f. NO. 627.

Sec. 3. This act shall take effect and be
| in force from and after it's passage.
| Approved April %, 1897.
CHAPTER 245-S. F. NO. 627.
AN ACT to amend section eight 90 of
chapter twenty-three (l3) of the gen
eral laws of the year one thousand
| eight hundred and sixty-seven QS6O
being. an act entitled IAN act to pro-
socations," approved March 8, 1867, and
| the several acts amendatory of such
| section.
| Be it enacted by the Legislature Of the
| Section /. That section eight 80 Of
chapter twenty three f20 of the general
laws laws of the year one thousand eight hun
dred and sixty-seven 30, said chap
ter being an act entitled can. act to
| provide for the incorporation of saving
associations" as said section has been
| since amended. be and the same is hereby
! further amended so that it shall here
| after read as follows:
Sec. 8, At least half of the whole
First-In the stocks or bonds, or inter
est-bearing notes. or obligations of the
| United States, or those for which the
| faith of the United States is pledged for
| the payment of the interest and prin-
cipal a % ,,,,
state in the Union, provided that such
| state has not within ten Q0) years pre-
vious to making such investment by sucn
/ corporation defaulted in the payment OF
| any part of the principal or interest on
any debts authorized by any legislature ar e
| of such state to be contracted. and OF the
! State of Minnesota, issued since o one
| thousand eight hundred and sixty tlooo2.
Third-In the stocks or bonds or any
city, county, town, village or sch0 29,. als-
trict in the States of Minnesota, WlSon-
sin, Iowa, North Dakota, South DAKOTA,
Illinois, Indiana. Ohio, or Michigan. or in
any warrants or Understanding obliga-
lions issued by the said states. or coun-
ties in said states, city or city board,
the county in which such banks shall
be situated, or in the stocks or bonds of
any city, town. village or school district
of the United States; which city, county.
least five thousand $4,000 Inhabitants as
determined by the state or United States
census taken next preceding the issue OF
bonds or stocks rendered; provided, that
the bonded Indebtedness Of any such city,
county, town. village or school district
so rendering bonds or stocks shall not
valuation Of such city, county, town: vii
1age or school district at the time OF the
issue of the stocks or bonds rendered.
Fourth-In notes secured by mortgage
States of Minnesota, WISCONSIN, Iowa.
North Dakota or South Dakota and
worth at least twice the amount loaned
thereon: but in case the loan is on IN
amount loaned thereon shall not be more
than thirty (3O per cent of its actual
value: and no investment in any pond
and mortgage shall be made bv any saw
ings bank except upon the report OF
committee charged with the duty or m
vestigating the same, and VINO shall Ger
tify to the value OF the premises onoTne to
their best Judgment. and such report or
shall be filed and preserved among the
records of the institution.
The remaining one-half % may be IN
vested in said stocks or loaned on the
aforesaid securities or upon approved per
sonal or collateral security, or used to
buy and sell exchange; but no loan shall.
be made upon the personal security OF
less than two responsible individuals:
Sec. 2. This act shall take effect and be
in force from and after its passage.
Approved April %, 1897.
CHAPTER 246-S. F. NO. go.
AN ACT to authorize and empower cities
having regulation of one to nepair
and revamp m ,rkst fcuses: market
sheds and other market property, and to
issue and sell certificates Of Indebted
ness to raise money Tor the payment VI
such work
Be it enacted by the Legislature OF the
State of Minnesota:
Section l. In all cities Of this state
which now have a population of one
hundred thousand or more inhapltanlts,
the common council of each of such cities
is hereby authorized and empowered 10
repair and 1evarnp market houses. mar
ket sheds and other market properly
when owned and operated by such cities.
Sec. 2. For the purpose OF raising
money to pay for such repair and re
vamping of such market houses ana
| ether marke. property such common \
council is hereby auth ,rized to issue ana q
sell certificates of Indebtedness, same TO
| issue in denominations and sold as such
| common council shall direct.
Sec. 8. All acts and parts OF acts acts.
| whether general or special, inconsistent
herewith are hereby repealed ona ~
Sec. 4. This act shall take effect ana De
in force from and after its passage.
| Approved April %, 1897.
CHAPTER 247-s. F. NO. $50.
| AN ACT to amend section nine hundred
and eighty-four 0sD OF the general
| and ninety-four QS9D relating to town
| clerks.
Be it enacted by the Legislature OF the
Section /. That section nine hundred
| statutes of one thousand eight hundred
and ninety-four $3.50 be end the same is
Sec. 9s4. Town Clerks to Take Oath
and Give Bond-Every person elected or
appointed to the of the towns OF of
this state shall, before he en-; en-;
te-s upon the duties of his, office, and
within the time prescribed by law Tor
| with two or more sufficient sureties, to
| be approved by the town treasurer, In
such penal sum as the SUPERVISORS direct.
| his duties Said bond SO approved, to-
| gether with the oath of office Of such
| town clerk, shall be filed in the office OF
| the clerk of the district court, Tor the pen
| or omissions of said town clerk; ana any
person so aggrieved, or the town, may
| maintain an action ON said bond against
| said town clerk and suretleS.
Sec. 2. This act shall take erect ana be
! in force from and after its passage.
Approved April %, 1897.
CHAPTER 24s-s. F. NO 594.
AN ACT relating to actions. against
cities, villages or boroughs for dam
ages to persons injured on streets
and other public grounds, by reason of
agent or employee Of any city, village or
Be it enacted by the Legislature of the
State of Minnesota:
borough in this state shall be liable to
any person for damages for or on &C
count of, any injury or loss eessod alegeG r 10
son of any defect in any. bridge, street,
road, sidewalk, park, public ground, ferry
boat, or public works OF any KIND IN sald
any alleged negligence OF any of1cef
agent servant or employee of said city,
village or borough, the person SO alleged
shall give to the city or village council,
or trustees or other governing, body OF
such city, village or borough, within
thirty days after the alleged injury, no
1ice thereof; ana shall resent his or their
claim to compensation to such council or
time when. the place " here and the cir
cunstances under which such alleged
loss or injury occurred and the amount
IF CONDENSATION or the nature of the re-
lief demanded from the city,. village or
borough, and such body shall have ten
DAYS time within which to decide upon
+be COURSE II will nurSIle with relation to