The Republican journal., 1905-03-30

An Act to amend Section one Of Chap
ter f1fty-nine of the Revised Statutes,
by providing for the incorporation OF


Section 1. Section one Of chapter
fifty-seven of the revised statutes is
hereby amended by inserting after the
word society" in the ninth line the
words as a yacht club SO that said
section as amended, shall read as fol-
lows:
Section 1. When seven or more per-
sons desire to be incorporated as pro-
prietors of a social, military. literary,
scientific or county law library; as
Masonic lodge or chapter of any order
or degree; as a lodge OF the Independ-
ent Order Of Odd Fellows; as a division
OF Rechabites; as a grange Of Patrons
of Husbandry: as IL council of; the Sow
ereiSns of Industry; as az -GEAnA. Army
poSt;llas q relief or benefit Association
FOR mutual assistance, a monument
or memorial association; as n society to
promote temperance; as village i'm
proyehent society: as yacht club. or
Tor any literary, scientific, musical.
agricultural, moral, religious or benevo-
lent purpose; they may apply In writ
ing to any justice OF the peace in the
county, who may issue his warrant. di-
rected to one of said applicants, requr-
ing him to call meeting thereof at
such time and place as the justice may
appoint.
Section q This act shall take effect
when approved.
GApproved March Is. 1861
Chapter 70.
An Act regulating the sale Of Bonds and
other obligations on the installment
plan by foreign corporations.
Section l. Except as hereinafter pro-
Vided, no person. association or corpo-
ration shall carry on the business OF
issuing. negotiating or selling any
bonds. certificates or other. obligations
issued or based on the partial payment
or installment plan within this state.
unless Incorporated or otherwise author
lied under the laws thereof.
Section 2. The bank examiner may
authorize any such corporation, dniv
established under the laws of another
state, to carry on such business in this
state, but such authority shall not be
granted until said corporation shall
have deposited with the treasurer OF
this state, for the protection and in
demnity OF residents Of this state with
whom the corporation making such de-
post may transact business, not less
than twenty-five thousand dollars and
annually thereafter a slim equal to
fifteen per cent of the Payments made
to such corporation. by citizens Of this
state. the amount of such percentage to
be determined by the hlnk, examiner
Said deposit shall be held and disposed
Of as provided in secljpn ;seventy-seven
OF chapter forty-ei;;llt Of the revised
statutes regulating such deposits made
by foreign loan and building associa-
lions.
Section g. The bank examiner shall
nave LIE same Supervision over, ana the
same authority 10 make examinations
ana revoke ANA renew licenses of such
corporations tn do business as afore-
said as no" provided in sections eighty
nine, ninety ANA ninety-one of chapter
forty-ei%ht nj The revised statutes re-
latlng to foreign investment corpora
tons. and all proceedings hereunder,
other than those provided for in section
two of this act shall be in conformity
with said sections eighty-nine. ninety
and ninety-one. so far as the same may
be applicabl BILE. For such license and each
renewal the corpoiation. shan pay the
examiner a fee of twenty dollars
Section 4. This act Shall take effect
when approved.
[Approved March Is, 1861
Chapter "a.
An Act to amend Section nineteen of
Chapter Seventy-seven of Revised
Statutes relating to Title by Descent
Section nineteen of chapter seventy
seven of the revised statutes relating
to title by descent, is amended by add
ing thereto the following:
Money received for insurance on the
life of woman, deducting the pre-
MUM paid therefor within three years
with interest, does not constitute a part
of her estate for payment Of debts, or
for purposes specified in section one OF
chapter sixty eight when the intestate
leaves widower or issue. but .deseends.
mainder to her issue; If no issue. the
whole to the widower, and if no widow
er, the whole to the issue. 1t may be
disposed of by will; but in case the
estate is insolvent, such disposition by
will shall be limited to the distribution
OF such money among the widower and
issue in such proportions as the testatrix
may deSignate.'
So that said section as amended, shall
read as follows:
Section 10. Money received for In
s'rance on his life, deducting tin. pre-
MUM paid therefor within three years
with interest, does not constitute part
or his estate for payment of debts, or
fnr purposes specified in section one of
chapter siXty-eight,. when the intestate
one third to his widow and the remain
der TO his issue; If no issue. the whole
TO the widow, and if no widow, the
whole to the issue. 1t may be disposed
solvent, such disposition by will shall
be limited to the distribution of such
money among the widow and issue in
such proportions as the testator may
designate
Money received for insurance on the
life of a woman, deducting the premium
paid therefor within three years with
interest. does not constitute a part OF
her estate Tor payment of debts, or for
purposes specified in section one of chap
ter Sixty-eight, when the interstate
leaves a widower or issue, but descends,
one third to her widower and the re-
whole to ,he widoTer and If no wild
over. the whole to the issue, 1t may
be disposed of by will; but in case the
estate is insolvent, such disposition by
will shall be limited to the distribution
OF such money among the widower and
issue in such proportions as the testa-
triX NAV deSi cnate'
Approved March Is, 1861
Chapter rs.
An Act to amend Section thirteen of
Chapter thirtytwo of the Revised
Statutes, relative to the manner OF
hunting and catching Wild Hares or
Rabbits.
Section thirteen of chapter thirty-two
OF the revised statutes is hereby amend
ed by adding after the words Hancock
county" at the end Of said section the
words, and in Oxford, Penobscot and
Piscltaquis counties it may and Shall
be- lawful to catch wild hares or rab-
bits in box traps so that the last sens
tence of said section, as amended, shall
read as follows: This section shall not
apply to Hancock county; and in Oxford.
Penobscot and Plscataquis counties it
may and Shall be lawful to catch wild
hares or rabbits in box traps
[Approved March Is, 1861
Chapter 7s.
An Act to regulate the purchase Of MIX
or Cream by Creameries.
Section l. On and after July first, in