The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1909-07-15

| amount OF such Gtposi; shall! be increased
} or diminished to comply here%th ana
| new cert .fcate of such fact shall be issued
accordingly
section 2o2l-77k. Any such corpora
| ton shall have the following powers
First To make all contracts necessary
ana proper to effect its purpose ana con
duct Its business
second TO SUE and be sued. to appear
( and detend in all actions and proceedings
under its corporate rame To- the same ex-
tent as Il natural person.
III I'd TO have n common seal and alter
| the same at pleasure
Fourth, To elect or appoint all neces-
sary officers agents. and servants, 10 de
fine their duties and obligations. fix their
conlpensations. dismiss them. MI vacancies,
ana require bonds.
Fifth 70 make amend and repeal by
laws and regulations nor Inconsistent with
law or Its articles or organization, Tor It's
OVID government. Tor the orderly conduct OF
Its "inifS ana the management OIL rs prop
efiy. Tor determining tn" manner OF Gaming
aud conducting It's meeting. the tenure OF
oihce OF It's several officers ana Such
others as shall be necessary or convenient
for the Accomplishment of IT'S purpose.
sixth. Any such corporation shall have
power, in and by its corporate name 70
take, receive. hold. pay for. re-cohNey' ana
dispose of any, effects and property. real or
personal. which may be granted, committed,
transferred. or conveyed TO it win us con.
sent upon any terms. or upon any trust or
trusts ut any time by any person or per
sons. Including married women ana minors
bodies corporate. or any court lac.u"I ny
the courts of the United States, ana 20 al
minister fulfill. and discharge the duties OF
such trust OF trusts Tor au'H i t @stJ,,
as may De agreed upon. lu'mitms ,ninors
snall Dc hsid or construct ~ 6,Nt tignrorf
OF HarIleu women any o'LrI ~ - u'+ ~, - ~
power or right than they now nave as TO
itahsitli4 hS VI uisP"S'"E VI '"S ai 80
property or ehects, personal or rtSl anu anu
VIII any money OF "itS' t,.n E,, nr I'm
tLlSut " any sueH t"' 80 r ~. ,-opaI,
NE namlf od any minor hi ~ nsnrer mro.
ri,g "a j,' ma Nv mrt' ie a,d The receipt
Ns"Gu IN SGstl ion -o-t -" ",," SS,Il haya
Ca SUI minor 81 mar .''u " y ",L ,ti,7
thg e4ecn p[oNiaed III salH nav act eo,-
S i any sutH coIP"la,l sr "a" franc
erAitE as agent or attorney 10, 1np ~ "n,
Wl.ph % business, i'' 49, intsrests
II1Hi,tea' 'ne o"ileut,"" t ~, hilIs notes
va otior ac,r{t}es mn,Inls and also
a." - 60, ~ H. i',r9 W. If i..r,ing nego-
ia.i5 reatt4arinep I trs,,sfaTrfnl, or Counter
la,'iE Icy r. hnI,ds ar othcr
si iiit ~ , ,s va rTnraiinn ossociation
ooiEa,a2uS az "ns v1i I", ,'r ,Tg siukina
., 5'II,yni .'L' anu i t,7,s as mgv he
Inmu 49,, va 80 H. orrnnt md eye
,7te Tho oG, COS ~ erecmtor administrator.
~ a"' rn;er VI ssf,,nae or guardian of
=, t Wv Us, irotnne1pnt Dprson.
i ~ or a,,y marson gr,hfact 10 Guardian
shit' and in atI Soges in which applica-
Fp r al hn mad tn INV court for he ap-
,,V, tr,srt ~ 90 nars6,, il, nm such capac-
H. ~ shali ha i,wfuI ~ apnoint such cor
r'.GSr,oti,n vim it, consent TO hold such
l "a 'om n a., 49, 80
o"l,e VI o"'.'a ,...... .. +, o,.o
IN case OF such appoIhtih'hJ, or III Ndn.
Sucu corporation shau De h4lntu "s az
oSsignmenf for the banptit of Creditors it
SbriI uot he rpunirod +, make and file any
nafh ar givo anv hond ar security except
patI OF CIV any nouu VI ~ utIS, .t,V ~
appointment, or having Jurisdiction Of such
viii or assignment
trustee receiver. assignee, executor admin
iStrator. or guardian shall be regularly
settled and adinstrd Inv the proper officers
or tribunals and ali proper legal usual
and customary charges costs and expenses
shall be allowed to such corporation for the
care and manag cement of the estate so com
mitted to It.
Any such CORPORATION may transfer to
."uHt estates without mourning any other
legal liability than as If such transfer We're
made by a third person any mortgages or
other securities owned by 1t which comply
with the requirements Of legal Investments
for trust funds under the statutes
Such corporation may loan money upon
real estate and upon securities other than
personal notes or commercial paper or OBJ
legations secured solely thereby, may re
ceiye time deposits and issue its notes,
certificates, debeutures, and other obiiga-
lions therefor, payable ut future date
only not earlier than thirty days from the
date Of such deposit; II shall not receive
deposits subject to draft, order, or check,
or payable upon demand issue bills to cir
culate as money. or deal in bank exchange:
All such deposits so received shall at all
times be held or invested separate from
other funds or property held by the corpo-
ration and in case Of insolvency or iquida-
ton all such funds and Investments mace
therefrom Shall be primarily liable and
used for the payment Of such deposits.
ANY such corporation may take and re-
celve from any Individual or corporation
for safe keeping and storage gold and silver
plate, jewelry, money stocks, securities, and
other yaluabies or personal property: and
rent out the use OF safes or other recep-
tacles upon its premises upon such com