The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1899-04-29


or considers the sum charged to be ex-
cessive in which cases he shall file the
bill II requested by the person presenting
the same for action of the board at its
Provided, further, that the cou,sty shall
pay. itemized and verified bills by the
register of deeds, county auditor and
be necessarily expended by them for post
age in the conduct of the business of
their respective offices, in excess of said
paid as other claims against the county
are paid. -
+. Sec: 2. This act shall take effect and be
in force from and after it's passage.
Approved April Goth, 1899.
~ CHAPTER 1855. F. NO. $50.
AN ACT legalizing certain mortgage fore
Be it enacted by the Legislature of the
State of Minnesota:
Section l: Every mortgage foreclosure
sale in the usual form contained in a
mortgage duly executed, witnessed, ac-
knowledged and delivered and previously
recorded in the proper register of deeds
office, Of real property within the limits
of this; state is, together with the record
of such sale, thereby legalized and made
valid and effectual to all intents and pur-
poses as against the objection that the
power Of attorney or authority in writing,
authorizing the attorney making such
foreclosure sale to foreclOse the same and
,
the proper register of deeds Office has
no seal, scroll or device thereon opposite
the names and signatures of the persons
who executed, Acknowledged and del1v-
cred such power of attorney or inStru-
ment in writing. .". = .
Provided, that such power of attorney
or instrument in writing was in other re-
spects properly executed, witnessed, &C
knowledged and delivered and recorded in
the proper register of deeds Office prior
to such sale, and such foreclosure sale
was in other respects regular and in ac-
cordance with the statute then in force.
And, provided further, that this act
shall not affect or prejudice the rights of
any bona fide purchaser, and shall not
apply to any action now pending.
Sec. ?. This act shall take effect and
be in force from and after it's passage.
Approved April Goth, 1899.
CHAPTER 334-s. F. NO. 525.
AN ACT to amend section thirty-four $40
Q7O of the General Laws Of the State
OF Minnesota for eighteen hundred
and ninety-fye Qs95), entitled, IAN act
Of t6e STATS aa o effy as
Be it enacted by the Legislature of the
State of Minnesota:
Section l.. That section thirty-four (34)
ct chapter one hundred and seventyfve
l7o) OF the General Laws of the State of
minnesota for eighteen hundred and nine
ty-five Qs95), be- amended so as to read
Section 81 When the capital stock of
any such company is impaired, such COM
pany may, upon a vote of the ma jority
Of the stock represented at a meeting
legally called for that purpose, reduce its
capital stock and the number of shares
thereof to an amount not less than the
minimum sum required by law. But no
part of it's assets and property shall in
such case be distributed to the stock
holders.
Provided, that any insurance company
organized under the. laws of the State OF
Minnesota, if it's capital stock is not i'm
paired, may nevertheless, by two-third'
90 vote of its stock legally represented
at meeting legally called for that pur.
pose and by and with the consent OF
the insurance commissioner, reduce its
capital stock to an amount not less than
one hundred thousand dollars CS10O,00O)
and IN that case none Of the preceding
such company.
Within ten days after such meeting
the company shall submit to the insur:
forth the proceedings thereof and the
amount of such reduction, and the assets
and liabilities of the company, signed
and and {f by S its 9rs edfsr TSe
missioner shall examine the facts in the
case, and if same conform to law and In
his judgment the proposed reduction may
he shall endorse his approval upon the
certificate. Upon filing the certificate
50 endorsed, with the secretary of the
state and paying a fee Of five dollars for
tina filing thereof. the company may trans
act business upon the basis of such re-
duced capital as though the same were
its original capital, and its charter shall
be deemed TO- be amended to conform
thereto;% and the insura nee conrissi oner
shall issue his certificate to that effect
Such company may, by a majority vote of
the return of the original certificates of
stock held by each stakeholder in ex-
change for new certificates it may issue
in lieu thereof. for such number Of shares
as each stakeholder is entitled to in the
proportion that the reduced capital bears
to the original capital !
Sec. 2. This act shall take effect and be
in force from and after it's passage.
Approved April Goth, 1899.
CHAPTER 333i-S. F. NO. 532
AN ACT fixing the place of trial of ac-
tons brought to recover on any bond for
costs, given by a nonresident plaintiff
in civil action, or on any security for
costs given in justice court.
BE- 1T enacted by the Legislature of the