St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1907-05-10

I'D LAW laws On NIl,NlNllEElgs
Issuance In this state shall. within sixty
\; (6O) days after the passage OF this act.
lille with, the insurance commissioner It's
written. instrument, as provided IN. Sec
ton one a.. otherwise the commissions
Sec. 8. All acts or parts Of acts incoh-
Sec. 4. This act shall take effect and be
in force from ad after It's passage.
Approved April IL, 1907.
CHAPTER 1855. r. NO. 62.
AN ACT to amend section 2992 of the
K 1Soy, rala aaws 9 fa M Nm iimit d dfr l tne ye 81
banks
Be it enacted by the Legislature Of the
Section ss 6 q i M1 That Section 2eea Of the re-
yised. Laws Of Minnesota for the year
1905 be. and the same is hereby amended
Section 1903. Loans, how limited-The
total liabilities to IT., as principal, surety,
or endorser, Of any person, corporation.
or co-partnership, including the Liabilities
never exceed fifteen per cent of its capt.
tai actually paid in cash and Of its &C
tpal surplus fund: Provided. however.
lAAoL VII dl " OpOAA u LIZ =
gage. security on improved farms located
within the State OF Minnesota, the limit
of such loan shall not exceed twenty per
surplus Of the bank: provided. that such
mortgage loans be limited to. and In no
case to exceed zee fifty per cent Of the cash
: mortgage. The total liability Of any Of
! ficer or director shall never exceed ten
per cent Of the same aggregate amount.
But the discount of the following classes
Of paper shall not be regarded as Great
ing liability within the meaning of this
section. viz:
ed by the person Negotiating the same
faith against actually existing values
curity Of warehouse receipts covering
stored in elevators or warehouses Under
either of the following conditions:
First-When the actual market value of
the property covered by such receipts at
all times exceeds by at least ten per cent
the amount loaned thereon. II
Second-When the full amount Of every
such loan is at all times covered by fire
insurance in duly authorized companies.
within the limit of their ability to cover
in companies having. sufficient paid-up
capital to authorize their admission. and
payable, in case of loss, to the bank OF
accompanied by a certificate of the rail-
road and warehouse. commission declar-
ing the warehouse issuing the same to
Sec. 2. This act shall take effect and
be in force from and after its passage.
Approved April II, 1907.
CHAPTER 157-s., F. NO. IA.
AN ACT to amend section "a Of the Re
vised Laws of 1905 relating to judges
Of the district court.
State Of Minnesota:
Section 1. That section "a of the Re.
Section q: whenever in the judgment
judicial district, the convenience or in.
ere ht; Of tt the sh public rs,,, or The he interest ter st. q
Of another Judicial district shall. dis.
charge any Of the duties Of such judge
the governor may designate. or such
{{ricff court Of any other '9 Judicial q dis dist rici
to discharge. any such duties; to hold
or to assist in holding q general or spe'
Of such judicial district other than hi
own. or to try and determine any motion
action or proceeding pending therein
court, .n or any o s1s@ ' .5ad{ct al dis distf dessr' 6
aah6y such duties. hold er assist in hold:
e eosrt = 81 se9 tTg an o. d sRss1ai term any G mo sHs1
action or proceeding pending therein.
And by consent Of the parties any
Judge Of SAID court may act in all mat.
judicial district.
In either case the acts, orders ant
judgments of the Judge SO acting shall
have the same force and effect as though
srict. 0S a Judge OF su'n judicial dis
when no other provision has beer
made therefor. the clerk shall seasonabl,
the Judge to hold any Of hi his terms. v
Section 2. This act shall take effect and
be A ia rSyss f Hp1ll az 3, i i5Sz. its passage
CHAPTER 1855. 3. NO. 1b4.
AN ACT for the free education at the
University Of Minnesota Of soldiers. res.
the United States army or navy for the
War Of 1898 between the United States
Of American and the Kingdom Of Spain
n were honorably discharged there
from.
Be it enacted by the Legislature Of the
State of Minnesota:
Section 1. hat any person who, being
1t the time en E Fesid le tho Of a the State ar n.S Of
fof the United States during the late wa
between the United States for the wa,
against the Kingdom of Spain, and whc
shall, upon complying with all other re-
Qulrements for admission, be entitled tt
pursue any course or courses in the Uni.
yersity Of Minnesota without expense
Sec, 2, It is hereby made the duty o.
the board of regents Of the University
Of Minnesota to accept In any college
school or department thereof, any stu.
dent who comes within the definition Of
section / Of this act, without any charge
to said student for tuition, and to refunc
to any student who may come under the
provisions of this act, any money which
he has paid in as tuition sine his dis
charge.
Sec. 8. This act shall take effect an6
be in force from and after It's passage.
Approved April IL, 1907.
CHAPTER 1873. F., NO. 1856.
AN ACT amending section foul thousand
two hundred and s~eventy-three (4273)
Revised Laws Of Minnesota for the veal
1905, relating to TRANSFERRING docke1
entries Of judgments to new counties.
State of Minnesota:
Section 1. That section four thousand
two hundred and s~eventy-three (4273) OF
chapter seveuty-seven (7T, Revised Laws
Of Minnesota for the year 1905, be anG
the same is hereby amended so as tt
read as follows:
Section 4273. When a new county is ere
ated, the clerk Of the district court there
Of shall transcribe into his records al
the docket entries relative to Judgments
for the payment Of money, including rea
ated in such new county, rendered with.
in the ten years next preceding such ere.
alton and docketed in the counties from
which such new county was set off, anG
such transcribed entries shall nave the
same effect as transcripts of dockets OF
judgments mado by the clerk of cour
Of the county where, the originals were