An act to pay to D. T. Dickson the sum therein named. THE People of the State of Wisconsin represented in Senate and Assembly, do enact as follows: Chap 255 SECTION 1. There is hereby appropriated to D. T. Dickson D. T. Dickson the sum of three thousand nine hundred sixty dollars and ninety eight cents, in full for all printing done for the legislature up to and inclusive of February 11, 1950. MOSES M. STRONG, Speaker of the Assembly, SAMUEL W. BEALL, Lt. Governor and President of the Senate, Approved, February 9, 1850. NELSON DEWEY. An act to amend the twelfth section of chapter one hundred and fifty-five, Chap 256 title twenty-three of the Revised Statutes. THE People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: tices of peace. SECTION 1. The twelfth section of chapter one hundred and Revised Statfifty-tive, title twenty-three of the Revised Statutes, shall be so utes to be disamended as that each justice of the peace in this state shall be tributed to jusallowed one copy of the Revised Statutes, under the same requirements and restrictions that apply to other officers receiving such copies. MOSES M. STRONG, Speaker of the Assembly. Lt. Governor and President of the Senate. SAMUEL W. BEALL, Approved, February 11, 1850. NELSON DEWEY. An act to incorporate the Upper Wisconsin Navigation Improvement Company. Chap 257 THE People of the State of Wisconsin represented in Senate and Assembly, do enact as follows: SECTION 1. That Charles Shuter, John Strong, Abraham Persons creaBrawley, Enoch G. Bean, and Edward A. Pierson, and their as- ted body corsociates and successors shall be, and they are hereby incorpora- porate. ted and made a body corporate and politic in fact and in name, by the name of "The Upper Wisconsin Navigation Improvement Company," for the purpose of improving the navigation of the Wisconsin river from Point Boise to the main forks of said river, next above the Beaulieux rapids, and of using or leasing the water power created by such improvement, and by that name they and their successors shall be known, and they are hereby made capable in law of sueing and being sued, pleading and being impleaded, answering and being answered unto in all courts and places whatsoever, and to make and use a common seal, and the same to alter and renew at pleasure; and for the purpose of carrying out the objects of this incorporation, they and their successors and assigns shall have power to erect and maintain dams with suitable slides at such points on the Wisconsin river between the points aforesaid as to them shall seem necessary for the suitable improve. ment of the navigation of said river, and for that purpose they and their successors and assigns in their corporative name shall be and they are hereby capable in law to purchase, receive, have, hold, and enjoy any lands, tenements, water power, and water privileges, goods and chattels and other real and person estate to enable them to accomplish the objects of their incorporation, and the same to use and employ, grant, demise, pledge, convey, and dispose of as they shall deem proper, and to have, enjoy, and exercise all the rights, powers, and privileges pertaining to corporate bodies, and useful or necessary for the purposes of their incorporation, and they and their successors and assigns shall have power and authority to demand and receive and give receipts for the same, and to sue for and recover by summons, distress, attachment, or in any other proper manner, tolls upon all lumber, timber, logs, shingles, lath, boats, scows, barges, or other vessels which shall pass over any dam or other improvement made by them or their successors Rates of toll. or assigns at the following rates to wit: On all lumber and on all hewed or squared timer at the rate of one cent. per thousand feet of board measure, for each and every foot of elevation in any dam made by them or their successors or assigns, and over which such lumber or timber shall be run; on all logs or timber which cannot be conveniently reduced to board measure thirty cents, for each raft, for each and every foot of elevation in any dam made by them or their successors or assigns, and over which such raft shall be run; on all shingles or lath at the rate of five mills per thousand, for each and every foot of elevation in any dam made by them or their successors or assigns; On all boats, scows, barges or other vessels at the rate of five mills per ton burthren for each and every foot of elevation in any dam made by them or their successors or assigns, and if they or their successors or assigns shall adopt any other mode of improving the navigation of said river than by building dams, they shall be entitled to receive the same rate of tolls for such improvement as they would have been entitled to if such improvement had been made by means of a dam. Capital stock not to exceed $250 000. Business of company to be SEC. 2. The capital stock of said company shall not exceed two hundred and fifty thousand dollars, to be subscribed in shares of one hundred dollars each, and as soon as five hundred shares of the said stock shall be subscribed, the individuals above named or any three of them may by public notice published in one or more newspapers printed nearest the village of Plover, for a period of not less than thirty days, call a meeting of the stockholders of said company for an election of five directors. SEC. 3. The stock property and concerns of the said commanaged by pany shall be managed and conducted by five directors, being rectors, &c. stockholders, one of whom shall be president, and they shall hold their offices for one year, and until others are elected in their pla pany author. SEC. 4. As soon as forty thousand dollars of the capital stock When comof the said company shall have been paid or satisfactorily secured, zed to com it shali and may be lawful for the said company to commence their mence busibusiness, and the said president and directors or a majority of them ness. shall have power to call in said stock from time to time in such instalments as they shall see fit to prescribe, giving thirty days notice as aforesaid, not exceeding ten dollars on each share for one Neglect to pay instalment, and the instalments not less than thirty days apart, and instalments if any stockholder or stockholders shall neglect or refuse to pay his or their respective instalment or instalments, or his or their respective share or shares so called for as aforesaid, the stock of such stockholder so neglecting or refusing, and all previous payments thereon shall be absolutely forfeited to the said company for the use and benefit of said company. forfeits stock. SEC. 5. The stock and property of the said company of what- Dividends to ever nature or kind the same may be, shall be deemed personal be divided property, and shall be transferable on the books of the said com- semi-annually, pany in such manner as shall be prescribed by the by-laws of the said corporation. &c. SEC. 6. A dividend of the profits of the said company (ex-Stocks to decept of so much thereof as shall be set apart for a surplus fund,) clared personshall be made semi-annually by the said president and directors al property. among the stockholders, but no dividend shall be made of any part of the capital stock of said company, and the books of the said company shall at all times be open for the inspection of the stockholders or any of them. and no transfer of stock shall be valid or effectual until such transfer shall be entered or registered How company ved. Proviso. in a book or books to be kept by the president and directors for that purpose. SEC. 7. The said company may be dissolved at a general may be dissol meeting of the stockholders specially summoned for that purpose: Provided, At least three-fourths in value of the stockholders shall be present or represented therein, and shall vote in favor of such dissolution, and upon such dissolution, the directors for the time being, and the survivors and survivor of them shall be trustees for settling all the affairs of said company, disposing of its effects, recovering and paying its debts, and dividing the surplus among the stockholders in proportion to their respective interests in the stock, unless the stockholders at such general meeting shall ap point other persons not less than three nor more than five in num ber for such purpose in which case the person so appointed, the survivors or survivor of them shall be trustee and trustees for the purpose aforesaid. How elections conducted. at time ap SEC. 8. All elections of directors of the said company shall be by ballot, and if the president and directors of the said company for the time being shall at any time neglect or refuse to call annual meetings for the election of directors as herein efore prescribed, the stockholders or a majority of them may within the time in such case prescribed give notice and call meetings, and elect directors in like manner as if said directors had given notice as prescribed by this act, and if at any election of directors two or more stockholders shall receive an equal number of votes, then the directors for the time being shall by ballot determine which of such stockholders shall be director or directors, and on the death or resignation of any of the directors, the remaining directors shall choose from among the stockholders some fit person or persons to fill the vacancy, who shall hold his or their office or offices until the next annual election. SEC. 9. In case it should happen that an election for directors Failure to elect should not be held or made on the day that pursuant to this act it pointed not to ought to have been held and made, the corporation shall not for that cause be deemed dissolved, but it shall be lawful to hold such election at such other time as may be prescribed by the by-laws of said corporation after thirty days notice. dissolve co. SEC. 10. The persons named in the first section of this act Persons nam- shall be commissioners for receiving subscriptions to the capital tion to act as stock of said company, and shall open books for receiving such commissioners subscription at Plover in Portage county, under the directions of ed in 1st sec to receive stock. said commissioners or a majority of them on the last Tuesday of February in the year one thousand eight hundred and fifty, and shall keep open said books until five hundred shares of said stock shall be subscribed, and books shall also be opened at such other times and places as the said commissioners or a majority of them shall direct. SEC. 11. This act is hereby declared to be a public act and shall be construed favorable in all courts and places whatso An act to incorporate the Fort Winnebago and Duck Creek Plank Road Chap 258 Company. THE People of the State of Wisconsin represented in Senate and Assembly do enact as follows: SECTION 1, Henry Merrill, Benjamin L. Webb, H. McFar- Created body lane, H. Carpenter, M. Van Winter and LaFayette Hill, and such corporate, &c. other persons as shall associate with them, and become stockholders pursuant to the provisions of this act, shall be and hereby are created and made a body corporate and politic, in fact and in name, by the name of "The President and Directors of the Fort Winnebago and Duck Creek Plank Road Company," and by that name they and their sucessors shall have perpetual succession, and shall be capable of sueing and being sued, pleading and being impleaded, answering and being answered unto, defending and being de fended in all courts and places whatsoever, in all matters appertaining to said company. road. SEC. 2. The said company have power to construct a plank Power to conroad from the Portage canal, at a place where the state bridge will struct plank cross the same, on the end of the canal nearest the Wisconsin river, to the other end of the long crossway south of Duck Creek bridge on the military road in Columbia county. and the route of said road between the points above named shall be determined by the directors of said company when elected by the stockholders, and duly organized, and they shall have power in their discretion to construct said plank road along and upon any road, or highway, now or hereafter to be laid out, opened and established by the proper authorities, and of such width, and in such manner as the said directors shall determine, but there shall be one or more tracks upon the same, made of planks securely laid, so as to form a smooth and even surface: SEC. 3. The capital stock of said company shall not exceed Amount of the sum of ten thousand dollars to be divided into shares of twenty capital stock. five dollars each, and shall be transferable in such manner as shall be prescribed in and by the by-laws of said company, and each stockholder shall be entitled to one vote for each and every share of stock held by them by proxy or in person. SEC. 4. The business and the concerns of said company shall be managed and conducted by five directors, who shall be stockholders, and shall be elected annually on the first Monday in Decǝmber, at such place as a majority of the directors shall appoint, Business man aged by five directors. |