Der Sonntagsbote. (Milwaukee, Wis.) 1906-1912, 1909-07-11

new certificate Of such fact shall be issued
Section 2o2sE77k. Ans such CORPORA
ton shall have the following norgers
First. To make eli contrarts necessary
sna pxoPer 70 eject it, purpose and con-
Second. TO sue and be sued. % aupear
~ asisho 70 az aetions and proceedings
rnoer It's corporate name to the same *
tent az a natural person.
IniFd 70 have g common seal and alter
the same a. pleasure.
Fourth. 10 elect or appoint all neess-
eary officers. ageuts. and serrants to de-
tne Their cutles and obAgasa.as. tx their
s9@pensaslo1 dismiss them. Oh vacancies.
Fftb. TO make. amend. ard raueai bv-
avs ana regulations not Inconsistent with
iaw % is articles Or Organization. Tor It's
own government. for the orderIv con59rs n
ls ahairs and the management Of rs prop
ers l0E ne manner q calling
ONCE Of rs several sUcera ana sseh
othere So shall Be necessary or conrenlenr
TOT the accomplishment OF its purpose
Sixth Any such corporation sksn have
power ~ eng y IT. corporate name. to
t4ke, receive, hold, pay for. re-c0ngey. and
clsPoss or any effects and property real or
personal, which mae BE granted. comuitred.
transferred. or conveyed 70 Z with it4 con
lent apen any serms, or upon my TRUST or
sons inciudirS married women and minors.
bodies sYrporate. Or any court. Inc u4iug
the courts 81 the United States ard % ar
minister. fuihili and discharge the easics 81
such trust OF trusts for suc4 regeneration
aa may pe agreed upon. Nothing herein
shall be held or construed 70 give minors
or married women any other or different
power or right than they now have a. to
transferring Or dlsposing Of any OF their
property or effects. personal or real and
when any cocney or other property Is en-
trusted 70 any such corporation ~ or 10
tne name o. my minor or married woman
tho same may be held ID the manner pro
vided IN sectiJn Z924-48. and the receipt
Of such minor or married woman shall have
the effect provided In said section.
And any such n0nDurlrInU NAV act uau-
orally as agent or attorney for tbs trans
action Of business, the management Of
dividends, mortgage Oonds. bills notes,
and other securities. or moneys, and also
As agent for the purpose Of Issuing. nego-
tlating, registering, transferring. or counter
signing certificates Of stock. bonds. or other
obligations of any corporation. association.
or municipality, and manage ans sinking
fund therefor. Oh such terms as may be
agreed upon and may also accept ard exc
cute the offices OF executor, administrator,
fvastee. receiver, assignee, or guardian Of
AIS minor or Insane or incompetent person,
luuatic. vr any person subject to guardian
snip and ia all cases IN which apDlica-
tion shall be made 20 any court for the ap-
pOintfaent Of any person In any such capae-
ttT. It shall be lawful 10 appoint such cor
poration. with it, ~consert to hold such
O4ce Or ohlceA
In case Of such appointment. or 10 case
such corporation shall b named Is an
executor In any win or as assignee Ia any
shall not be required 70 make and die any
oath OF give any bond or security except
IN the discretion OF the court making such
eR~pomtmen5, OF naVihs Jurisdiction Of such .
The accounts Of said corporation a. such
trustee. receiver, assignee executor, admin
istiator, or guardian shaii be regularly
settled and adjusted By the proper oacers
OF trloanatss ana an proper. legal. usual.
and customary charges oosts AID expenses
cars and management Of The @tAts 30 com
mitted 70 It.
ANY such corporation may transfer to
trust estates without lncurring any other
legal liability than al II such transfer we're
made BY a third person any mort CAGES or
other securities owned By It which comply
with the requirements Of legal IT. geatmenta
Tor trust funds under tho statues.
Such corporation may loan msney upon
personal notes Or commercial paper or Oh
legations secured solely thereby, may 70
ceive. tine deposits and issue It's notes,
certificates. debentures. and other cs.iga-
lions therefor. payable at q f-sure date
only, not earlier than thirty dfys from the
date Of such deposits 4 shall not receive
deposits subject to draft, orfar or check,
or payable upon demand. issue bills to cir
cuiate a. money, or deal In bank exchange.
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 made
therefrom shall be primarily liable and
used for the payment Of such deposits
Any such corporation may take and ~
NAN AA0AA ia AAAaNAIAuA - &0lKRAAAA0A
Tor safe keeping and storage gold and silver
plate jeWelry. money. stocks, securities. and
othsr v~elnselss Or Personal property and
tacles upon It's premises upon sueh com
pensation a. may Be agreed upon. Such
on any gold or silver plate, jeweiry, money,
stocks, securities, and other vaiuables and
personal property taken or received By i
not BE- paid within two years from the date
Il aorruea. or In case any property 30 taken
Or received ny It shall not b called for By
the perron or persons deposihng the same.
or HE or their legal representatives or a.
siEusr within two years from the date Of
the accruina OF any lien upon the same,
such corporation may sell such property At
public auction upon Ike notice a. 10 ~
Quired by Law FOR sales OF personal prop
erty on execution. and after retainlng from
the proceeds Of such sale all the liens and
charges due and owing and the reasonable
expenses OK the sale, shall pay the balance
thereof 70 the person or persons 80 de
posting such property, or bis or their iegA
Representatives OF assigns
i shall be lawful for eny such corpora
zion % lease, purchase. bold, and convey
such land a. mss be netessary to carry on
It's business. and execute any TRUST com-
mttted e Il, a. well as such real or per
sonnl estate a. Il may deem necessary 10
acquire In the enforcement or settlement OF
auy claims or demands 0rI sing out OF its
business transa rtions. and to execute and
issue Ia the transaction % its business all
necessary receipts, certificates. and con-
tracts. which shall be sisued BY such per
son or persons as may be designed By It's
bylaws
section 2o24-TTl Every such corpora.
tion shall. at all tgnes, have 10 is posses
sion, ia lawful money. or subject to call ia
any banking Institutions approved BY tbs
commissioner Of banking. a reserve fund Of
not ieas than fifteen per cent Of Its de-
positA
Section 2o2&--TTm. Every such corpora
tipu shall keep is trust accounts IN books
separate from It's own general books OF &C
cuunt. All funds and property held by Il
SO a trust capacity shall. az AL times. be
kept separate IRON the funds and property
~ lac corporation. ard an deposits by IL Of
such funds IN any banking Institution shall
te deposited AZ trust funds te its credit a.
trustee. and aot otaersise avery security
vested. shall. AT onoe. neea Ge receipt
thereof. he tranaferred % * as trustee, ex.
ecutnf. aaiuln.etrRteE guardian. receiver,
e~aslEuee. nf othe- trnPtec Aa the case may
Re for each particular frost or fund BY
name AID Immediately entered IN tae
aroper books a. belonging 70 the PAY
tlralar trust whose funds have been In
fested therein Any change Ia such In
tnstment shall ~ galT specified Ia aud IN
Ser the account 81 tae particular trust 20
WfAch Il belongs. SD thal SIT trust funds
and property shall re seaal.y Identified az
any time ty any per5ua
Section @02A-F1n IL shall net ioaa
its funds. trust or at4srw Use. to any salR
risd afncer or emp'cye. nor shall any such
aHccr qr empioye hecouie, 10 any manner.
Indebted 10 Il by means Of an overtrRft.
g-owissory note. ecccunt. endorsement
guaranty. or any other Contract nor shall
s4ch corporation establish more than one
nN.ee e degoNit nor establish nor maintain