The Saint Paul globe., 1899-04-27

Peais at any time, and NIL vacancies thus
| created by the appointment of any suita-
| Die person or persons.
sec. q In all matters involving doubt
on the part of any grain inspector as to
| the standard or rules of inspection, or in
| case any owner, consignee or shipper Of
gram. or any warehouse manager shall
pc dissatisfied with the decision of the
chief inspector or any of his chief deputy
inspectors or other inspectors, an appeal
may be made to the said board Of ap-
peais; peal :, IN the district where the inspection
was frst made. and a decision of ma
| 1ority OF the said board of appeals shall
pc fnal The railway and warehouse
| commissioners are authorized to make all
necessary rules governing such appeals
ana to fix the fees for the same. All no-
| tlces requiring the services of the board
OF appeals shall be filed in the office of
the chief deputy inspector,in whose dis
trlct the grievance or dispute arises, who
ehall In turn deliver the same promptly
| TO said board.
pealing shall pay to the chief deputy in
spector' with whom he serves notice Of
ddPIR}eai' dpI}e a sum not to exceed one %
entertained. which sum shall be refunded,
should such appeal be sustained.
S5ec; .. The entire six 60 members con-
stitutlng the two (2) boards of appeal
snail meet together, or a majority of said
six (6) members, not later than Septem-
Der fifteenth G5th, each year. and pre-
| scribe or designate standards for grades.
and when grades are so prescribed desig,
| mated and published, the same shall not
be changed during the crop year, or from
one. annual meeting until the next, ex-
eept on approval Of at least five (5) mem
bers of the two joint boards.
Sec. 4. 1t shall be the duty Of either
branch of the board of appeals, when Of
the unanimous opinion that any inspec-
tor is incompetent. Indifferent, intemper-
| ate or untrustworthy, to report such fact
| to the railway and warehouse comnis-
sion.
Sec: 5. Either branch Of the board Of
appeals shall hear. and 1t is hereby made
the DUTY Of either branch to whom an
termine all questions at issue as to grades
or grain, made by any inspector, or made
against any public country warehouse
Al such appeals shall be made to either
| branch of the board of appeals. hereby
created in section one QD Of this act
Sec; t. Each Of the members of the
SAID board of appeals shall, before enter
Ing upon the duties~of their office, take
an oath of office as In the case of other
| state officers. and shall execute a bond in
the penal sum OF five thousand $1,000
good and sufficient sureties, to be ap-
proved by the governor. conditioned that
they VIII faithfully and impartially dis
Ing to law, such bonds to be filed with
the secretary Of state
The sureties required by this section
| snail not be interested in, nor connected
with any elevator, or grain commission
business, firm or corporation, and surety
bonds may be received from any surety
company, approved by the governor
| this state.
| No member of such board of appeals
| snail be member of any board of trade
| or other grain exchange or grain firm
nor shall he In any way be engaged in. or
interested in the business of buying or
| selling grain.
the said boards of appeals shall be fixed
| by the railway and warehouse commits
sloners by consent Of the governor and
SSnaii Si pc PAID from the grain inspection
IN carrying out the provisions of this act
shall be paid out Of the said grain inspec-
tlon fund; upon the order of the railway
ana warehouse commissioners.
| Sec. g.. All acts or parts of acts incon-
slstent herewith are hereby repealed.
Sec. g. This act shall take effect and
Approved April ii5d 18Th, a1sss 1ss5. us passage
CHAPTER 2oo-H. F. NO. SOL.
AN ACT to amend chapter one hundred
and and seven Q0D., Of the general laws Of
1888, as amended by chapter three (3) of
the general laws of 1885, and by chapter
general laws Of 1889. relating to an
nufty, safe deposit and trust companies.
Be it enacted by the Legislature Of the
! State Of Minnesotai
Sec. l. Section three 90 of chapter one
hundred seven GOD Of the general laws
Of eighteen hundred and eighty-three
QSs3), as amended by chapter three 81,
Of the general laws of eighteen hundred
and eighty-five QSs5), and by chapter
two hundred th1rty-four (234). Of the gem
eFal er LAYS aSgs, of eighteen hundred and eighty
| nine QSS9), be and the same is amended
so e as to read @ as follows:
Sec. 3. The amount Of capital stock Of
any such corporation hereafter organ
lzed, shall not be less than two hundred
| thousand (20O,000l dollars, but the same
may be increased at any time by a reso-
luton of two-thirds of the directors, to
|
| (2,0OO oOO dollars; and the same shall be
| divided into shares of one hundred O0O)
collars each. And any corporation which
has been heretofore organized and quail
! flied to do business under this act, Shall
hereafter be allowed at any time to de-
crease Its capital stock to any sum not
dollars by vote of the owners of a ma
jority of its shares of stock In case
OF such reduction no part Of the assets
the stockholders. Provided, however, that
If any such corporation so reducing its
capt. capital 1s, stock shall then have with the
gred state aqditor danor+ as part Of Its then fe
hereinafter specified of the par value Of
notod not less da;a than 9ne-fourth Gl Of It's pro
RSeS para asauces ef s asDa assets stock av then
returned to the stockholders as may
rds deaasd @ Of P{ the dreefdr of two
the public examiner, and provided
further that the capital stock of
such corporation then left outstanding
| shall be and remain unimpaired. No
REDUCTION Of capital stock shall affect
| the liability Of stockholders on the stock
Withdrawn as to any claim or demand
heretofore contracted.
| Sec g. Section four (D of said chap
ter one hundred seven GOD as amended,
shall be and the same hereby is amend
ed se SO to ne Sead s,7sb as follows
| ter organized shall be authorized to
transact any business, or exercise any
| powers as such, until two hundred thou
shall have been actually paid in. of which
not less than fifty thousand go OO0) dol
lars shall be invested and deposited as
here hereinafter at onc, provided Said fifty thou
the bonds Of the United States, or in
bonds of the State of Minnesota, or In the
bonds Of other states, or in the bonds or
obligations of the City of st. Paul or
Minneapolis, or in the bonds or obliga-
tions of any incorporated city. of the
state, containing population Of not less
than three thousand $4,000 souls, which
bonds have not been issued as bonus
for, or. purchase of. or subscription to
any railroad or other private enterprise,
| and whose total bonded indebtedness
does not exceed five (5) per centum of
the, then assessed valuation of the real
and personal property of said city; or in
the bonds of any organized county in
less than ten thousand 10000 souls,
which bonds have not been issued for
any Of the purposes aforesaid, and whose
total bonded Indebtedness does not ex-
sessed valuation of the real and personal
property of such county; which shall
have the approval of the public examiner
And any corporation which has been
heretofore organized and qualified to do
business under this act, that shall deposit
with the state auditor as its rau11irad