Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1913-08-29

and obligations FIX their compensation '-'sau
I'll vacancies. and require bonds; - rancal bylar.
- ,Iotfons mot Inconsistent with law or its
articles of organization. for its own lor
the orderly conduct Of its affairs ana s -
of It's property, for determining the ma1 eestis
md cond,,c+nu fts meetings the tenure OF ounce OF
It's several officers. and such others as snt - ~
sary or convenient for the Accomplishment y pur-
pose +,on shall h.r
power IN and by It's corporate name 10 sAnu I've.
hold pay for, reconvey and d,spgsT f erantas
and property, real personal when may ,t ~
Committed transferred or conveyed TO 1t with us con-
sent upon any terms. or upon any tus' :. tusts
az any time by any person or persons, iN.luolng
married women and minors bodies corpor ate OF any
court including the courts Of the Unlteu Pas and
to administer. fulfill. and discharge me uuae0 !, such
trust or trusts for such remuneration us may be
agreed uron Nothing herein shall De heiu =, con-
strued to give minors married women any oeier OF
different power or right than they 10Y na,0 as %
transferring or disposing OF any Oh men ~ OF
effects personal real; and when any monty " otner
prcperty Is entrusted to any such corporaGoh ~ or
in the name OF any minor or married woman the
eona nav 10 held In the manner provided In section
2O24--46 and the receipt OF such minor q married
woman shall have the effect provided IN salo section
IN And any such corporation may act generally
az agent or attorney for the transaction OF business,
the management Of estates the collec1on u rents,
interests dividends mortgages. bonds nils' notes
and other seclriues moneys, and also AS agent
for the purpose Of issuing. Negotiating registering,
transferring counterdgning ceruncates u STOCK,
bonds or other obligations Of any oorporauon asso-
ctation or municipality, and manage any sinking
FUND therefor such terms as may DC agreeu upon;
and may also accept and execute the OFFICES OF er-
ecttor administrator, trustee receiver assignee.
guardian OF any minor insane or Incompetent per-
son. lunatc, any person subject 10 guardianship;
and in all in which application snau g made
to any court for tho appointment OF any person In
any such capacity It shall be lawful to appoint such
corporation, with It's consent, to hold sucn ONCE or
Offices
(sl In case Of such appointment. or in case such
corporation shall DO named an executor In any
viii or as assignee in any assignment for tho bene
ct Of creditors It shall not be required TO makc and
file any oath give bond or security, except In
the discretion Of the court making such appointment.
or having Jurisdiction Of such Will or assignment
(9) The accounts Of said corporation as such trus
tee receiver, assignee, executor administrator OK
guardian shall be regularly settled and adjusted by
the proper officers OF tribunals; and all proper legal,
usual and customary charges. costa and expcnses
shall be allowed to such corporation tor tne care
and management Of the estate go committed 10 IL
(l0l Any such corporation may Eanaf@ 70 trust
estates without mourning any other Legal liability
than such transfer were made By third person,
any mortgages other securittes owned ~ 1t which
comply with the requirements OF legal Investments for
trust funds under the statutes.
t11 Such corporation may loan money upon un-
encountered real estate lying and being In the state
OF Wisconsin and states Immediately adjoining the
state Of Wisconsin 70 wit: Michigan Illinois Iowa,
and Minnesota and upon securities other than per-
sonsl notes commercial paper or onEatonS secured
solely thereby; may receive time deposits and Issue
It's notes. certificates debentureS and other oblga
t1ons therefor. payable at future date only. not
earlier than thirty days from the date OF such de-
posit It shall not receive deposits subject TO draft
order or check, payable upon demand. Issue bills
to circulate as money deal in bank exchange All
such deposits received shall at all times be held
invested separate from other funds property held
by tho corporation and In OF solvency or nQuida
ton, all such funds and investments made herefrom
shall be primarily liable and used for the payment
OF such deposits.
t12) Any such corporation may take and receive
from any individual corporation for safe-keepinR
and storage gold and silver plate, jewery. money,
stoLks. securities, and other valuables personal
property and rent out the Of safes or other
ceptacIe5 upon its premises upon such compensation
may be agreed upon. Such corporation shall have
lien for it's charges on any gold or silver plate,
jewelry, money, Stocks securities, and other valu-
ables and personal property taken received by 1t
paid within years from the date It accrues. or
IN property taken or received By 1t shall
not be called for by the person persons deDostng
the same, or his their legal representatives
signs, within two years from the date Of the accrng
Of any lien upon the same such corporation may
sell ouch property at public auction upon like notice
is required by law for sales OF personal property
on execution and after retaining from the proceeds
Of such salo all the liens and charges due and owing
and the reasonable expenses OF the sale, shall pay
the balance thereof TO the person or persons de-
posting such property, his their legal represen
tstives assigns
(l3) 1t shall be lawful for any such corporation
lease purchase hold andconvey such land may be
necessary to carry It's business and execute any
trust committed to IL. we'll such real or per-
Sonal estate az It may deem necessary 70 acquire in
the enforcement or settlement Of any claims OF de-
mauds arising out Of its business transactions and
to execute and issue In the transaction Of It's bust
all necessary receipts certificates and contracts.
which shall be signed by such person persons
may be designated by its by-lawa
Section 7. This act shall take eject and be In
force from and after It's passage and publication
Approved August q, 1913