pro tem. of Senate. Of President pro tem. of the senate, two dollars and fifty cents per diem, in addition to his pay as a member of the senate, for every day he may serve during the session, as such president pro. tem., to be certified to by the chief clerk of the senate. Of Lieutenant When paid. SEC. 3. The lieutenant governor shall be entitled to receive five dollars for every days attendance as president of the senate, and the same mileage as is allowed to members of the senate and assembly. SEC. 4. Such sums as may become due to each member respectively, including the lieutenant governor, and speaker of the assembly, shall be paid by the state treasurer out of the state treasury, upon the receipt of a certificate, signed by the president of the senate or speaker of the assembly, (as the case may be), setting forth the number of days that the member in whose favor it is given has attended, and the estimated distance of his place of residence, from the place of the meeting of the legislature. SEC. 5. There is hereby annually appropriated a sum sufficient, to be paid out of the state treasury, to meet the demands of this act, without any further legislation. Approved, April 2, 1853. Chap. 64. An Act to authorize the Governor to designate a Circuit Judge to hold the May Term of the Milwaukee Circuit Court. The people of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: Governor to SECTION 1. The governor is hereby authorized to desig appoint judge nate and appoint some one of the judges of the circuit to hold May term of circuit courts of this state, to hold the May term of the circuit court for Mil-court, in the county of Milwaukee. ty. Proviso. waukee coun- SEC. 2. The judge who may be designated and appointed by the governor, in pursuance of the first section of this act, is hereby required to hold the May term of the circuit court in the county of Milwaukee: Provided, Such judge is not by present laws, required to hold a term in any county in the judicial district in which he resides, in the month of May next. SEC. 3. This act shall be published immediately, and shall take effect and be in force from and after its passage. Approved, April 2, 1853. An Act to amend Section eight, of Chapter one hundred and nineteen of the Chap. 65. Revised Statutes. The people of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: SECTION 1. Section eight, of chapter one hundred and nineteen, of the revised statutes, is hereby so amended, as only to require that the sureties in the replevin bond therein mentioned, should swear that they are worth an amount each, over and above all debts and exemptions, sufficient in the aggregate, to amount to the penalty of the bond. Approved, April 2, 1853. An Act granting further powers to the Board of Supervisors of the several Chap. 66. Counties. The people of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: SECTION 1. The board of supervisors of each county in this state, shall have power and authority at any legal meeting in addition to the powers heretofore conferred upon them, to equalize the assessment upon plank and railroad companies passing through the several towns in said counties, either to raise or lower the same. Approved, April 2, 1853. An Act to amend Chapter ninety-three, of the Revised Statutes. The people of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: SECTION 1. Chapter ninety-three of the revised statutes, is hereby so amended as to authorize tender in all cases of involuntary trespass; and when in the opinion of the court or jury, a sufficient amount was tendered to the party injured, his agent or attorney, for the trespass complained of, judgment shall be entered against the plaintiff for costs: Provided, That the defendant keep his tender good, by paying the amount of money into court, at the trial, for the use of the plaintiff. Approved, April 2, 1853. Chap. 67. Chap. 63. Organization. An Act providing for the organization of Joint Stock Companies. The people of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: SECTION 1. All corporations organized and established under the provisions of this law, shall be capable of suing and being sued, pleading and being im pleaded, answering and being answered unto, appearing and prosecuting to final judgment, in any court in this state; they may have common seal, and alter the same at Election of of-pleasure; elect in such manner as they may determine, a'l necessary officers, fix their compensation, and define their duties; ordain and establish by-laws for the government and regulation of their affairs, and alter and repeal the same, and employ all such agents, mechanics, and other laborers as they shall think proper. ficers. Number of politic. SEC. 2. Any number of persons not less than three, persons requi- who by articles of agreement in writing, shall associate site to consti- according to the provisions of this law, under any name tute a body assumed by them, for the purpose of engaging in, and carrying on any kind of manufacturing, mechanical, mining, or quarring business, or any other lawful business, and who shall comply with the provisions of this law, shall, with their succes-ors and a signs, constitute a body politic and corporate, under the name assumed by them in their articles of association. Amount of SEC. 3. The amount of the capital stock in every such stock required. corporation, shall be fixed and limited in their articles of association, and shall in no case be less than four thousand dollars, nor more than three hundred thousand dollars, and shall be divided into shares of twenty-five dollars each. Purposes for which established. Two members meeting. SEC. 4. The purpose for which every such corporation shall be established, shall be distinctly and definitely specified by the stockholders in their articles of associa tion, and it shall not be lawful for said corporation, to dirct its operations, or appropriate its funds to any other purpose. SEC. 5. When any number of persons, shall have assomay call first ciated according to the provisions of this law, any two of them may call the first meeting of the corporation, at such time and place as they may appoint by giving notice thereof in any one or more newspapers, published in the county in which said corporation is to be established, or in any adjoining county, at least fifteen days before the time appointed for such meeting. SEC. 6. The stock, property, affairs and business, of Three direcevery such corporation, shall be under the care of, and shall tors to be chosen annually. be managed by not less than three directors, who shall be chosen annually, by the stockholders, at such time and place as shall be provided by the by-laws of said corporation, and who shall be stockholders; and shall hold their offices for one year, and until others shall be chosen in their stead. SEC. 7. Every such corporation shall, by their said Their powers. name, have power to acquire and hold all such lands, tenements, and hereditaments, and all such property, of every kind, as shall be necessary, for the purposes of said corporation; and such other lands, tenements, and hereditaments, as shall be taken in payment of, or as security for debts, due to such corportion, and to manage and dispose of the same at pleasure. SEC. 8 The directors of every such corporation shall May appoint president and choose one of their number to be president, and shall also officers. choose a secretary and treasurer, and such officers as the by-laws of the corporation shall prescr.be, who shall hold their offices until others shall be chosen in their stead. in case of non payment. SEC. 9. The directors may call in the subscription of May call in subscription of the capital stock of such corporation, by installments, in capital stock. such proportion and at such times and places as they shall think proper, by giving such notice thereof, as the bylaws shall prescr.be; and in case any stockholder shall neglect or refuse payment of any such installment, for the Power to sell space of sixty days, after the same shall have become due, and payable, and after he shall have been, notified thereof, the stock of such negligent stockholder, shall be sold by the directors at public auction, giving at least thirty days notice in some newspaper, published in the county where he business of such corpo: ation is transacted, or in an adoing county; and the proceeds of such sale, shall be irst applied in payment of the installment called for, and he expenses attending the call, and the residue shall be efunded to the owner thereof; and such sale shall entitle he purchaser to all the rights of a stockholder, to the xtent of the shares so bought. sact business. SEC. 10. A majority of the directors of any such cor- Number reoration, convened according to the by-laws, shall consti- quired to tranate a quorum for the transact on of business; and a maority of the stockholders present at any legal meeting, hal be capable of transacting the business of that meetg; and at all meetings of such stockholders, each share all entitle the holder therof to one vote. To fill vacan cies. Election of directors. May call meet ings. Books open for inspection. May increase] capital. Stock deemed perty. SEC. 11. The direc'ors of every such corporation, for the time being, shall have power to fill any vacancy which may happen in their board by death, resignation or otherwise, for the current year. SEC. 12. If it shall so happen that an election of directors in any such corporation shall not take place at the annual meeting thereof, in any year, such corporation shall not thereby be dissolved, but an election may be had at any time within one year, to be fixed upon, and notice given by the directors. SEC. 13. The by-laws of such association formed under this law, thall contain ample provisions for the calling of meetings, in case of a failure to hold the regular annual meeting. SEC. 14 The books of every corporation, containing their accounts, shall at all reasonable times be open for the inspection of any of the stockholders, and as often as once in each year, a statement of the accounts of such corporation shall be made by order of the directors. SEC. 15. Every such corporation may increase its capital stock, and the number of shares therein, at any meeting: of the stockholders specially called for that purpose: Pro vided, That the amount so increased, shall not exceed the amount authorized by the provisions of this law. SEC. 16. The stock of every such corporation shall be personal pro- deemed personal property, and be transferred on'y on the books of such corporation, in such form as the directors shall proscribe; and such corporation shall at all times have a lien upon all the stock or property of its members, invested therein, for all debts due from them to such corporation. Lien on. Articles of cor fare formed. SEC. 17. Before any corporation formed and estab poration to be lished by virtue of the provisions of this law, shall com published be- mence business, the president and directors thereof, shall cause their articles of association to be published at full length, in two newspapers published in the county in which sa 1 corporation is located, or in an adjoining county if there be such papers, if not, in the newspaper pub lished nearest to the location of said corporation; they Purposes for shall also make a certificate of the purposes for which which formed. such corporation is formed, the amount of their capital stock, the amount actually paid in, and the names of their shareholders, and the number of shares by cach respect be signed by ively owned; which certificate shall be signed by the president. president and a majority of the directors, and deposited Certificate to |