The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1901-04-20
CHAPTER 247-H r. NO. 1o5.

CHAPTER 247-H. F. NO. 100.
AN ACT to amend the second subdivision
one OF s Shaned ss ne oS 81 saag ss
d.ed aaa sersnty-nine (1s7@ g amend;
savn9 R bsaks a. Institutions Isl e soF syn9a
b!lities: and to provide for The organiza-
ton Of savings banks, for their super
vision, and for the more efficient pro-
tons"
Be it enacted by the Legislature of the
Section l: That the second subdivision
Of section twenty-seven (27) Of an act en-
titled IAN act to conform all savings
formty Of poWers tights CHIT sa AND a s. t
and to provide for the Organization Of
savings banks. for their supervision and
poytors e such eiss1 ben O. eap
ter one hundred nine f1O9) Of the General
Laws Of eighteen hundred and seventy
pine; as amended, be and the same Is
wit:
Second-Such as shall have been or may
closure Of mortgages owned by such cor
poration or upon Judgment Or decree OBJ
tanned or rendered for debts due to It, or
a IN settlement ut effected to secure such
such corporation IN exchange, and as a
part OF the consideration for real estate
sold by 1t: provided: that real estate &C
CURED In exchange shall not be carried on
the books Of such corporation at a. price
In excess of the cost Of the real estate in
part payment for which it is taken. after
deducting therefrorn the money portion
OF the consideration for which the same
snail be sold, and all real estate acquired
as pEr p e{, in this second subdivision
ten (1O years after the same shall be
vested in 1t, unless upon application by
TIE the, b S}a OF trustees the public exam
such sale shall be made; and It shall be
lawful for any such corporation, with the
Of the public examiner, to change its
location within the limits of any city or
to"n. Wherein it may te established; and
IN erecting ting such chance Of location, such
lot, may purchase such additional plot
under the provisions of subdivision one
s,a O or this section as the corporation may
previously owned and occupied Shall be
sold, as provided in this Subdivision con-
corning real estate acquired in satisfac-
tlon or debts Or IN exchange.
SEQ. z This act shall take effect and be
In force from and after its passage.
Approved April II, 1901.
CHAPTER 24s-H. r. NO. 1925,
AN ACT to authorize railroad companies
to extend xt qlil,, or alter their lines Of road
the route or line of any or all such eX-
tensions branches and alterations.
Be 1t enacted by the Legislature of the
State Of Minnesota:
Section 1. That any railroad company
existing In whole or in part under. the
laws Of this state OF authorized to own
and operate a railroad in this state, may
by an affirmative vote Of at least two
Thirds OF its directors empower it's presi-
dent and chief engineer to designate the
route Of any extension or branch that it
may thereafter desire CT determine to
build, and of any alteration of its line or
Eoute that it may thereafter desire or
determ1ne to make: but before making or
building any such extension or branch or
altera ton, Or condernning any land there
for, the president and chief engineer of
the railroad company shall, in writing, by
map courses and distances, or otherwise
des~nate the route thereof, and after
having certified to the correctness there
Of, fill such writing. SO certified, with the
secretary Of the railroad company, who
snail record the same in a book to be by
him kept for such purpose, and the rail-
road company shall obtain a COPY Of that
record, duly certified by it's president and
secretary and attested by it's seal, and file
such certified copy with the Secretary Of
State, to be by him recorded, and there
upon such corporation shall have the
same right to make any and all such AL
terations and to build any and all such
extensions and branches as it would have
If 1t had been authorized so to do by It's
charter or articles Of Incorporation. -.
Sec. 2. ALI laws inconsistent herewith
are hereby repealed. - .'-,0.. ="
Sec 3. This act shall take effect and be
in force from and after it's passage -
Approved April Il, 1901. y -