List of members and stock held and withdrawal Public examiner to report same to county auditors, who are to report names to assessors. SEC. 36. It shall be the duty of every such association not incorporated under the laws of this state to make and value to be fur- forward to the public examiner, upon the first (1st) day of nished public examiner. May in each year, a statement containing the names and the withdrawal value of all its stock held and owned by residents of this state, together with the place of residence of every such stockholder, except those having loans as provided in the foregoing section; and it shall be the duty of the said public examiner to make out and forward to the county auditors of the proper counties a statement of the stock held by them. And it shall be the duty of the said county auditors, upon receiving the statements provided for in this and the foregoing sections, to furnish the assessors of each town in his county having such stockholders with the names of such stockholders and the value of their stock as given in such statements, for the purpose of assessment. SEC. 37. Any such association shall have authority to consolidate with consolidate with one or more other corporations organized for the same purpose, upon such terms as may be agreed upon, when such consolidation shall be deemed advisable by a majority vote of its members, and to transfer to such consolidated corporation its entire assets, subject to the vested right of its members. Authority to one or more cor porations. Securities here with auditor to be transferred to state treasurer. SEC. 38. All securities, cash, mortgages, certificates, tofore deposited bonds, notes, receipts, statements and records heretofore deposited with or received by the state auditor pursuant to law shall, upon the passage of this act, be transferred and delivered by him to the state treasurer, who shall receive the same, and who, with his sureties, shall be liable for the safe keeping thereof. The treasurer shall deliver up such securities only upon the written order of the public examiner, except in pursuance of this act. All securities of such association heretofore required to be deposited with the state auditor shall be hereafter deposited as in this act provided. Upon filing any mortgage, the treasurer for fil- treasurer shall receive a fee of fifteen (15) cents therefor, and upon withdrawal of the same he shall receive a fee of ten (10) cents therefor, to be paid by the association so filing or withdrawing it. Fees to be paid ing. Fees to public examiner and state treasurer, lieu of extra clerk hire. SEC. 39. The public examiner and state treasurer respectively shall retain all the fees by this act provided to to be retained in be paid to them or either of them in lieu of any allowance for clerk hire made necessary by the extra labor imposed by this act, and they are respectively hereby authorized and empowered to make and execute any and all orders, releases or other papers which the state auditor was heretofore authorized to make or execute in the premises. Notice of annual or special meeting-how made. SEC. 40. At least thirty (30) days prior to any annual or special meeting of the stockholders of any such association governed by this act, a notice stating the time and place of such meeting shall be deposited in the post office at the headquarters of such association, directed to each Proposed member to his address as the same appears at such time on the books of the association; and when so deposited, postage prepaid, shall be deemed a legal and sufficient notice of any such meeting; and there shall be attached to and accompany such notice any proposed amendment or amendments to the articles of incorporation of any such association, and a statement of any officers to be elected at such meeting. Any amendment so proposed and of which such notice shall have been duly given may be adopted at such amendments to meeting by the vote of two-thirds of the stock represented articles. and voting thereat. Any member of such association entitled to vote at such meeting may vote in person or by proxy; but no person shall be appointed such proxy who shall not reside in the same county where the stockholder so appointing him resides at the time of such appointment, except that stockholders residing outside of this state may appoint proxies residing in any county in this state; and no person shall be appointed proxy in any case who is at the time an officer, agent or employe of any such association; and no person shall hold proxies to exceed five hundred (500) votes for any such meeting. Upon all questions to be voted upon at such meeting the vote shall be taken by calling the roll of persons entitled to vote thereat, with the number of votes which each is entitled to cast, and the votes shall be by written or printed ballot, the form for which may be prescribed by the board of directors. SEC. 41. This act shall take effect and be in force from and after June first (1st), A. D. one thousand eight hundred and ninety-one (1891), and any and all acts or parts of acts inconsistent herewith are hereby repealed. Approved April 23, 1891. Proxy votes, how regulated. No officer to votes. hold proxy Voting upon all questions to be by calling the roll. CHAPTER 132. [S. F. No. 24.] Kandiyohi county. AN ACT TO AUTHORIZE THE LEASING, BY THE STATE State lands in Be it enacted by the Legislature of the State of Minnesota: State land commissioner au thorized to lease. Minimum rate of lease and ing actual settlers thereon. SEC. 2. The said lands shall be leased, according to the provision favor- government subdivisions thereof, to the highest bidder, in the same manner and under the same regulations, so far as applicable, prescribed by law for the sale of state school lands. No lands shall be rented at a less price than fifty (50) cents per acre for each year. All persons who had in good faith settled upon said lands on the first (1st) day of January, A. D. one thousand eight hundred and ninetyone (1891), shall be entitled to rent the same at the highest sum per acre bidden therefor; Provided, That no settler thereon shall be entitled to rent, by virtue of such settlement, more than one hundred and sixty (160) acres. Term of lease, and renewal thereof. Half-yearly in advance. Default for cancel lease. SEC. 3. Said lease shall be made for a term of not less than five (5) or more than ten (10) years, in the discretion of said land commissioner, and any leaseholder shall have a right to a renewal of the same, at the expiration thereof, upon such terms as the legislature may hereafter prescribe, and if no such terms are hereafter provided, then upon the same terms as his original lease, and for such period as the said land commissioner shall prescribe, being not less than five (5) or more than ten (10) years. SEC. 4. Said lease shall be executed by the said land comrental to be paid missioner on behalf of the state, and by said applicant on his own behalf, and shall provide for half a year's rental being payable when said lease is made, and the second half year's rental being payable six (6) months thereafter, and the rental for the subsequent years being payable in semi annual installments in advance; a default in the paythirty days may ment of said rental at the time the same is due, and a continuance of such default in payment for thirty (30) days thereafter, being sufficient ground for the termination of said lease by said land commissioner at his option. All payments of money for such rental shall be made to the Division of fund state treasurer, and said treasurer shall annually transmit to the treasurer of the township in which any of such lands so leased may be situated, an amount equal to one-fourth () of all sums collected as rental for such lands so situated, within said township, during the preceding year. Which said sum shall be by said treasurer of said township placed to the credit of the road and bridge fund of said township. And said state treasurer shall in like manner transmit an amount equal to one-fourth (4) of all sums so collected to the treasurer of Kandiyohi county, to be by him placed to the credit of the revenue fund of said county. The balance of said rentals shall be placed by the state treasurer to the credit of the school fund of the state. received for rental. Covenants against waste. SEC. 5. The said lease shall contain covenants against waste, a violation of which shall be sufficient ground for the termination of said lease, at any time, by said state land commissioner at his option. SEC. 6. Said leaseholders shall have the right, when their said leases are terminated, either by expiration of the termination of lease. Termination of lease may be had by giving one year's notice. term or by or through any other cause, to remove from said Removal of lands so leased by them any buildings or structures they be made at buildings may may have erected during the term of their occupancy. SEC. 7. Any lease made of said lands pursuant to the provisions of this act, may be terminated by either party thereto at any time, upon one (1) year's written notice. Any lessee desiring to terminate such lease shall serve such notice upon the state land commissioner. When the said commissioner shall desire to terminate any lease, he shall transmit a notice, as herein provided, to the sheriff of said county, who shall serve the same in the manner provided by law for the service of a summons in a civil action. SEC. 8. Provided further, That at any time before this act goes into effect the legislature shall have the power to provide for setting aside a tract of said land, not exceeding one section in extent, for the purpose of establishing a site for a state capitol, which said tract shall not be included or embraced within the terms of this act. SEC. 9. This act shall take effect and be in force from and after the first (1st) day of September, one thousand eight hundred and ninety-one (1891). Approved April 21, 1891. CHAPTER 133. [S. F. No. 777.] AN ACT TO AMEND SECTION ONE (1) OF CHAPTER ONE Seventh judicial district, General Laws of 1889, amending Chap. 139-terms of court. Be it enacted by the Legislature of the State of Minnesota : of Pope. SECTION 1. Section one (1) of Chapter one hundred and In the county thirty-nine (139) of the General Laws of one thousand eight hundred and eighty-nine (1889) is hereby amended by striking out all that part of said section beginning with the words "In the county of Pope," and ending with the words "On the second (2d) day of such term," and inserting in lieu thereof the following, to-wit: "In the county of Pope, on the second (2d) Monday of October in each year;" Provided, That the jury, both grand and petit, required to appear at any term of said court in said county, shall be summoned to appear on the second (2d) day of such term. SEC. 2. This act shall take effect and be in force from and after July first (1st), 1891. Approved April 17, 1891. CHAPTER 134. [S. F. No. 877.] Seventh judicial AN ACT PROVIDING FOR ADDITIONAL TERMS OF COURT IN district-terms STEARNS COUNTY. of court in Stearns county. Two additional terms authorized. Be it enacted by the Legislature of the State of Minnesota: SECTION 1. There shall be held in and for the county of Stearns, in the Seventh (7th) judicial district, state of Minnesota, in addition to the general terms of court now held therein, two general terms, one on the second (2d) Monday of April and one on the second (2d) Monday of September in each year; Provided, That no grand or petit jury shall be summoned for the terms herein provided for, unless the judge of said court shall make and file with the clerk of said court, at least fifteen (15) days before the term, an order directing the summoning of such grand or petit jury. SEC. 2. All acts and parts of acts inconsistent with this act are hereby repealed. SEC. 3. This act shall take effect and be in force from and after its passage. Approved April 20, 1891. CHAPTER 135. [S. F. No. 675.] Eighth judicial AN ACT TO FIX THE TIME OF HOLDING THE GENERAL Terms of court in Carver county. Be it enacted by the Legislature of the State of Minnesota: SECTION 1. That the general terms of the district court in the county of Carver, in the Eighth (8th) judicial district, shall be held on the second (2d) Monday in March and the third (3d) Monday in September of each year. SEC. 2. That all acts and parts of acts inconsistent herewith are repealed. SEO. 3. This act shall take effect and be in force from and after its passage. Approved April 17, 1891. |