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TERRITORY OF WISCONSIN.
AN ACT to incorporate the Trustees of the
§ 1. That there be established in the town of Platteville in Academy, Grant county a seminary of learning by the name and style of the name of. Platteville Academy, and that David Kendall, Joseph J. Bayse, Who are trusJohn Bevans, James Durley, Henry Snouden, William Davidson, Charles Dunn, William J. Madden, and Benjamin Kilburn, and their successors in office, are hereby created a body politic and corporate by the name and style of the trustees of the Platteville Academy, by which name they and and their successors shall forever be known and have perpetual suocession and shall have power to contract and be contracted with, sue and be sued, plead and May contract. be impleaded, defend and be defended in all courts and places, in all actions, suits, complaints, and causes whatever, and have a common seal. common seal and alter the same at pleasure, and they shall have power under said corporate name to acquire, to purchase, receive, possess, hold, and enjoy in deed and in law, to themselves and their successors property, real, personal, and mixed, and the same to sell To hold
property and convey, rent, or otherwise lawfully dispose of at pleasure, for purposes of education, provided that the real estate owned by said company shall not exceed twenty thousand dollars. 92. The stock of said corporation shall consist of whole shares Stock consist
of shares. of forty dollars each, and of half shares of fifteen dollars and under Half shares. farty dollars each, which shall be deemed personal property and
When stock be transferable on the books of said corporation in such manner as
transferable. may be directed by the trustees of said institution; Provided, that po
stockholder shall transfer his stock in said institution, only in the event of his removal beyond the now boundary line of the Territory of Wisconsin, when he may transfer his right in the institu
tion to any person he may name, whose name shall be entered on Successor may the books of the corporation as such stockholder's successor; and hold stock.
if any deceased stockholder shall previous to his death, have named a successor, and shall have had the name of such
entered on the books of the corporation previous to the death of said stockholder, then the said person so named shall be entitled to all the rights and privileges of an original stockholder. And if after the death or removal as above of any stockholder, no heir of said stockholder be found resident within this Territory, who from within one year from and after the decease of said stockholder, will come forward and claim before the board of trustees his right to be a stockholder in said institution, then and in that event, and in all cases of death or removal, if there be no heir who shall claim as above nor a successor named to the said stockholder thus deceased
or removed, the remaining stockholders belonging to the instituMay elect a successor to tion, shall have power at any regular meeting of the same to elect deceased stock a person to succeed to the privileges and rights of said person so
deceased or removed. To consist of $.3. The corporate concerns of said academy shall be mannine trustees.
aged by nine trustees, a majority of whom shall constitute a quorum for the transaction of business, three of whom shall be elected
on the first Monday in May in each year by the stockholders of Term of office, said academy, and shall hold their office for the term of three years,
and until their successors are elected; the election of trustees shall be by ballot, and each stockholder shall be entitled to one vote for for every half share by him owned to the amount of one share,
and no stockholder shall be entitled to more than two yotes in any Vote by proxy.
event; any person may vote in person or by proxy. The said trustees shall elect one of their number to be president, and shall have power to fill yacancies in their own body«:y If any election shall
not be made on the day fixed upon by this act, such election may Notice of elec. be held on'any other day; Provided, a notice of the time and place
of holding such election signed by at least two of the stockholders, shall be first published for two successessive weeks in some news paper printed in the county of Grant, or if there be no paper pube
lished in said county, the notice of such election shall be published in the nearest newspaper printed in an adjoining county. The three When trustees
go out of office. trustees whose names first occur in the first section of this act, shall go out of office on the first Monday of May, 1842, the three next named in said section in one year thereafter, and the remaining three on the first Monday of May, A. D. 1844. $ 4. The trustees of said academy shall have power, 1st. To elect their President annually."
elected. 2nd: Upon the happening of any vacancy in the said office of president and trustees, to elect others in their places by a majority of the trustees present at any regular meeting.
3rd. To take and hold by gift, grant, or devise, any real or To hold real personal property, and to sell, morgtage, let or otherwise dispose of the same in such manner as they shall deem most conducive to the interests of said academy.
4th. To direct and prescribe the course of study and'discipline to be observed in said academy.
5th. To appoint a treasurer, clerk, and such other officers 'as Other officers they shall deem expedient, who shall hold their offices during the how appointed pleasure of the trustees. 6th. To prescribe the duties and fix the salaries of all the offi- Duties and sa
laries. cers of said corporation except their own, and to remove or-suspend them from office for incapacity, immoral conduct, or misbehavior in office, and to appoint others in place of such person or persons so removed or suspended.
7th. to make all ordinances and bye-laws necessary and pro- Bye-laws. per to carry into effect the preceding powers, not inconsistent with the constitution of the United States and the laws of this Territory
§ 5. No religious test or qualification shall be required from a trustee, teacher, or any other officer of said corporation as a con! dition for admission to any privilege in the same. Based
96. Any future Legislatöre of the Territory or State of Wis-I consin shall have power to alter or amend this activ! APPROVED, January 21, 1842. ; 19 wollen, swart
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AN ACT to authorize Asa Clark to build and
maintain a dam at the outlet of Pewaukee lake.
Be it enacted by the Corincil and House of Representatives of the
Territory of Wisconsin: Dam where § 1. That Asa Clark be and hereby is authorized and embuilt.
powered to build and maintain a dam across the outlet of Pewaukee or Snail lake, on the southwest quarter of section nine, in township seven north, of range nineteen east, of the fourth principal meridian, sufficient to raise the waters of said lake two feet above
their present level, and to make use of the waters of said lake for How high hydraulic purposes: Provided, however, that such dam shall be so
built and the waters of said lake shall be so raised thereby as to cause no unnecessary damage to the owners of mills or mill sites below on said outlet, or on the Fox or Pishtaka river, by the
interruption of the regular and constant flow of the waters of said Not to effect lake: And provided further, that this act shall not be so construed decree in chancery. or understood as in way to effect the decree of the court of chan
cery for the county of Milwaukee, concerning said dam, made in
the case of William Payne and others against Asa Clark: And Obstructing provided further, that if any person or persons shall by means of shall be fined.
said dam wilfully obstruct or prevent the regular and constant flow of water from said Pewaukee lake, he or they shall be deemed guilty of a misdemeanor, and on convietion thereof before any court of competent jurisdiction, shall be fined not exceeding fifty dollars, and imprisoned not exceeding three months, in the discretion of the court before which the person of persons so offending may
be tried. $ 2. That the general law, approved January 13th, 1840, relating to mills and mill dams, shall be and hereby is declared to
be applicable to any dam which may be constructed by virtue of Overflow or in- this act; and that all owners of lands which shall be overflowed jury-Liable.
or injured by reason of such dam, as well as owners of lands, mill sites and water powers, situated below such dam, on said outlet of Pewaukee lake, or on the Pishtaka or Fox river, which