©** Commisioners Tremper be, and are hereby appointed Commissioners to lay to lay out road. out and establish a State road via Willow and Pine rivers, from the village of Eureka in Winnebago county, to Plover in the county of Portage. SEC. 2. Said Commissioners may adopt in the survey of Commissioners may adopt parts said road, such part or parts of any road now laid out or author- of other roads. ised to be laid out, as they may deem expedient. SEC. 3. The commissioners aforesaid shall also have power Same Commissioners to lay to lay out a State road from said village of Eureka, to inter- out a certain sect the road now running from Strongsville to Pine river, at or near the head of the Cranberry Marsh so called. other road. visors shall de pensation. SEC. 4. The Commissioners named in this act shall receive County Supersuch compensation as shall be determined by the Supervisors of termine comthe counties through which the said roads may pass : Provided, That no part of the expense of laying out said roads shall be paid out of the State Treasury. SEC. 5. This act shall be in force from and after its pas Speaker of the Assembly). SAMUEL W. BEALL, "Lt. Governor and President of the Senate. Approved March 11th, 1851. NELSON DEWEY. An Act to layout and establish a State Road therein described. The People of the State of Wisconsin represented in Senate and Assembly, do enact as follows: Chap. 194 SECTION 1. That Alonzo Hawley, Archibald Nichols and George B. Worth are hereby authorised to lay out and establish a State road, from Waushara in Dodge county via Lak Maria to Kingston in Marquette county: Provided, That no Proviso. part of the expense of laying out said road shall be paid out of he State treasury. FREDERICK W. HORN, Speaker of the Assembly. SAMUEL W. BEALL, Lt. Governor and President of the Senate. Approved, March 11th 1851. NELSON DEWEY. An Actito incorporate{the Rock River" Insurance Company. "The People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows fo SECTION. 1. That all such persons as shall become stock Chap. 195 க porated. Company incor holders in the capital stock hereinafter mentioned, their s uccessors and assigns shall be and are hereby constituted and made a body politic and corporate by the name and style of the Rock Office where to River Insurance Company: The office of said company shall be at (or in the immediate vicinity of) the village of Watertown in this State. be held. Capital stockhow divided. Five per cent. to be paid. SEC. 2. The capital stock of said company shall not exceed three hundred thousand dollars, and shall be divided into shares of fifty dollars each and there shall be paid into the treasury of said corporation by each subscriber to the capital at the time of subscription an instalment of five per cent. on the stock by him subscribed, the remainder to be paid or amply secured to If not paid, bal- be paid on real estate or other securities as the Commissioners hereinafter mentioned shall deem sufficient, and until two thouAmount to be sand shares of said stock is subscribed for and paid or secured to be paid as aforesaid, said company shall not commence business. ance to be se cured. paid before commencing business. Directors to be classes how di SEC. 3. The stock, property, and affairs of said corporation appointed- shall be managed and conducted by fifteen directors, who shall vided, and when divide themselves into three classes. The term of the first to expire. class shall expire on the first Monday of February succeeding, their election or as soon thereafter as others are elected in their stead the term of the following classes shall expire successively on the first Monday of February in the following year or as soon thereafter as others are elected in their stead: The annuElection and al election for five directors shall be held on the first Monday of February in each year, at such time and place in Watertown as a majority of the directors shall appoint, of which notice Notice-how to shall be given in some public newspaper published and circulating in the counties of Jefferson and Dodge at least ten days Election-how previous to said election: said election shall be under the di term of office of Directors. be given. held, &c. Directors to elect President dent. rection of three stockholders appointed by the directors, and directors shall be elected by a plurality of the votes of the stockholders and their proxies, allowing one vote for every share of stock. SEC. 4. It shall be the duty of the directors on organising and Vice Presi- the company, and annually thereafter, to choose out of their number a President, and they may also elect in the same manner, a Vice President, and the Vice President shall perform the duties of the President, in case of his death, absence, or inability to act. Commissioners, appointed to re SEC. 5. Daniel Jones, Wm. M. Dennis, Peter V. Brown, ceive subscrip. Jonathan A. Hadley and Hiram Barber, shall be commissioners tions and call a meeting. to receive subscriptions to the capital stock of said company, and when said stock shall be subscribed and paid or secured to be paid, as mentioned in the second section of this act, the commissioners shall call a meeting of the stockholders by an advertisement published at least ten days previously in some newspaper published in the village of Watertown stating the time and place at which such meeting of the stockholders shall be held, and shall by ballot elect the first directors of said company; said commissioners shall act as inspectors of said election and if there shall be any deaths or resignations among the commissioners above appointed then the remainder shall elect others to supply the vacancies [so] occasioned. SEC. 6. The said company shall have power to make insur- General Powers of Company. ance upon vessels, freights, goods, wares and merchandise and to make all and every insurance connected with marine risks and the risks of transportation and inland navigation, also upon dwelling houses, stores, and all kinds of buildings, household furniture and other property against loss or damage by fire, and also all and every insurance appertaining or connected with life insurance and to cause themselves to be insured when deemed expedient. SEC. 7. All Policies of Insurance or other contracts au- Contracts when properly subthorised by this act which shall be made and entered into by cribed binding. this corporation may be with or without seal thereof and shall be subscribed by the President or Vice President and attested by the Secretary and being so signed, executed and attested, shall be binding and obligatory upon said corporation. hold and sell Real Estate on certain conditions. SEC. 8. It shall and may be lawful for the said company to Company may take and hold any real estate or securities mortgaged or pledged to the said company to secure the payment of any debt which may be contracted with said company and to foreclose the same and to purchase on sales made by virtue of any judgment at law or by any order or decree of any court of equity or any other legal proceedings or otherwise to receive and take any real or personal estate in payment or towards satisfaction of any debt. previously contracted and due to the same company and to hold the same until they can conveniently sell and convert the same into money or other personal property, and also to invest the capital stock or so much of the surplus profits of the said company as they may deem fit, in such manner as the directors shall decide and call in and reinvest the same so often as it shall be deemed necessary for the interest of the said company. SEC. 9. The capital stock of said corporation, shall be stook transferatransferable according to the rules and regulations prescribed by the directors and every subscriber of any share or shares of said stock, who shall neglect to pay the instalments aforesaid, or to secure the residue of the share or shares by him subscribed shall forfeit the same to the said corporation and all pay- Forfeitures. ments made thereon and all profits that may have arisen thereon. ble. Dividends may be made, but not protits. individually li divided. SEC. 10. It shall and may be lawful for the directors of to exceed clear said company to make a dividend of so much of the profits of the said company as shall appear advisable, but the dividend shall not at any time exceed the amount of clear profits made by the company, but the capital stock shall be and remain unimpaired, and if the said directors shall at any time knowingly When Directors make a dividend of the capital aforesaid they shall be individuable for stock so ally liable for the proportion of the stock so divided and an action of debt may be brought against them or any of them in any court of record in this State by any creditor of said company and each director present when such dividend shall be declared shall be adjudged consenting thereto unless he forthwith protest against such dividend and request his protest to be entered on the minutes of the company and give further notice to the stockholders of the declaring of such dividend by advertising his said protest within ten days thereafter in a newspaper published and circulating in the counties of Jefferson and Dodge. SEC. 11. Nothing contained in this act shall be construed to authorise the business of Banking. Banking prohib ited. FREDERICK W. HORN, Speaker of the Assembly. SAMUEL W. BEALL, Lt. Governor and President of the Senate. Approved, March 11th, 1851. NELSON DEWEY. Chap. 196 An Act to authorise the Treasurer of School District Number Five in the Town of Richfield and County of Washington, to collect school taxes for the years 1840 and 1850. The People of the State of Wisconsin represented in Senate and Assembly, do enact as follows: SECTION 1. The Treasurer of school district number five (5) in the town of Richfield in the county of Washington, or his succcessors in office are hereby empowered and directed to collect all sums of money now remaining unpaid on any taxes voted for and levied at any district meeting or meetings in said district during the years eighteen hundred and forty nine and eighteen hundred and fifty for the erection of a school house or any other purpose. SEC. 2- This act shall take effect from and after its passage. Speaker of the Assembly. SAMUEL W. BEALL, Lt. Governor and President of the Senate. Approved March 11th, 1851. NELSON DEWEY. An Act to amend Chapter one hundred and two of the Revised Statutes. The People of the State of Wisconsin represented in Senate and Assembly, do enact as follows: Chap. 197 ings. SECTION 1. The Clerks of the several courts of record shall, Clerks of Courts to attach togeth within thirty days after the expiration of each term of their re- er certain plead spective courts, attach together the pleadings and other papers forming the record in every cause in which a final judgment or decree shall have been rendered at such term. certain memo references. SEC. 2. The Clerk shall make on[e] the back or mar-Clerk to make gin of each pleading and paper so attached as memorandum of randums and all orders and entries in relation thereto, with a reference to the book and page in which each order shall have been entered; and at the end of the documents attach a memorandum of the judgment or decree, stating the substance thereof, with a ref erance to the book and page in which the entry thereof is made. SEC. 3. The papers so attached, with a memorandum required by the preceding section, shall be carefully preserved, as the roll of the judgments and decrees. Papers to be preserved. tions to be ad ded. SEC. 4. When any bill of exceptions shall have been allow- Bill of exceped and signed, the Clerk of the court shall, within the same period, cause the same to be written out at full length, unless previously done, and attach such bill of exceptions to the roll, as a part thereof. Return Execu tions to be also SEC 5. When an execution shall be issued and returned, the same shall in like manner be attached to the roll in the attached. cause to which it appertains, and be made a part thereof. SEC. 6. In making out transcripts of records, except in suits of error, the bills of exception shall not be inserted, un- be omitted in less specially requested by the applicant therefor. When bills of Exception may Transcript. certain entries is given. SEC. 7. Immediately after the rendition of a judgment, it Clerk to make shall be the duty of the Clerk to make the same entries in the when judgment judgment docket as he is now required to do at the time of filing a record of judgment, and after such entry such judgment shall be a lien upon the real estate of the par[t]y against whom such judgment was rendered. SEC. 8. All laws of this State referring in any manner to judgment records, except in cases otherwise herein provided, shall be construed to refer in like manner to the judgment roll herein named. SEC. 9. Sections one and two of chapter one hundred and two, and all other acts or parts of acts contravening this act, are hereby repealed. FREDERICK W. HORN, Speaker of the Assembly. SAMUEL W. BEALL, Lt. Governor and President of the Senate. Construction of certain laws. clause. Repealing Approved, March 11. 1851. NELSON DEWEY. |