CHAPTERS 6-7. Capital stock may be reduced. Certificate to be filed with register of deeds. CHAPTER 6. AN ACT to reduce the capital stock of the Racine county bank. The People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows : SECTION 1. The Racine county bank at Racine is hereby authorized to reduce its capital stock to the sum of one hundred thousand dollars, the outstanding circulating notes of said bank being not greater than that sum, and said bank having filed a certificate with the secretary of state in compliance with subdivision thirteen (13) of an act to amend chapter 479 of the general laws of Wisconsin for the year 1852, entitled an act to authorize the business of banking in the state of Wisconsin," approved May 15th, 1858: provided, that said bank shall be required to pay to the state treasurer all taxes due the state on the full amount of its capital up to and including the day on which this act shall take effect. 66 SECTION 2. The president and cashier of the bank named in section one of this act, shall immediately after its passage file in the office of register of deeds, in the county of Racine, a certificate under oath, stating the sum to which the capital stock of said bank is reduced. SECTION 3. This act shall take effect and be in force from and after its passage. Approved February 12, 1861. Order on treasu rer of city of of town of Forsyth. CHAPTER 7. AN ACT for the relief of the town of Forsyth. The People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows : SECTION 1. The board of education of the city of Berlin, in favor Berlin, are authorized to issue to the district treasurer of district No. (1) one of the town of Forsyth, an order on the treasurer of said city, for the amount due said school school district No. (1) one, from said city. Said amount of money is to be determined by making an equitable division of the amount of the school money in the common treasury of said city at the time of the CHAPTERS 8-9. creation of the said town of Forsyth. SECTION 2. This act shall be in force and take effect from and after its passage. Approved February 12, 1861. CHAPTER 8. AN ACT to amend section 1 of chapter 285 of private and local The People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: SECTION 1. Section 1 of chapter 285 of private and Amendment local laws of 1860, entitled "an act to grant a certain island in the Wisconsin river, in the county of Wood, to Orestes Garrison and H. W. Jackson," approved March 31, 1860, is hereby amended by striking out the word "seven" wherever it occurs in said said section, and inserting the word "six" in lieu thereof. SECTION 2. This act shall take effect and be in force from and after its passage. Approved February 12, 1861. CHAPTER 9. AN ACT to authorize the Clark county bank to reduce its capital. The People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: may be reduced. SECTION 1. The Clark county bank is hereby author- Capital stock ized and permitted to, reduce its capital stock to thirtyfive thousand dollars, the outstanding circulating notes of said bank being less than that sum, and said bank having filed a certificate with the secretary of state in compliance with subdivision thirteen (13) of an act to amend chapter four hundred and seventy-nine of the Proviso. CHAPTER 10. general laws of Wisconsin for the year 1852, entitled "an act to authorize the business of banking in the state of Wisconsin," approved May 15th, 1858: provided, that the said bank shall be required to pay to the state treasurer all taxes due the state on the full amount of its capital up to and including the day of the passage of this act. Certificate to be filed with bank cemptroller. SECTION 2. The president and cashier of the bank aforesaid shall, immediately after its passage, file in the office of the bank comptroller a certificate under oath, stating the sum to which the capital stock of said bank is reduced. SECTION 3. This act shall take effect from and after its passage. Approved February 15, 1861. May have a common seal, and real estate. CHAPTER 10. AN ACT to amend an act entitled "an act to incorporate the The People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: SECTION 1. The act entitled "an act to incorporate sell and convey the Milwaukee orphan asylum," approved March 24, 1852, is hereby amended by adding to the sixth section the following: "The said corporation may have a common seal, and may, when directed by a vote of a majority of the board of trustees, sell and convey or mortgage real estate belonging to said corporation by deed or mortgage signed by its president and secretary, and sealed with its seal, and such deed or mortgage when duly acknowledged by the president and secre tary, shall effectually pass the title or interest in the real estate belonging to the said corporation thereby conveyed." SECTION 2. This act shall take effect and be in force from and after its passage. Approved February 16, 1861. CHAPTER 11. AN ACT to authorize the city of Milwaukee to construct and maintain a certain bridge. The People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: CHAPTER 11. SECTION 1. The city of Milwaukee is hereby author- Authority. ized, in the discretion of the common council, to build and maintain a bridge across the Milwaukee river, from Location. Chicago street, in the third ward, on the east side of said river, to Menomonee street, in the fourth ward, on the west side of said river, or on any convenient point north of said Menomonee street, where a suitable landing place and street or right of way from the river to West Water street, shall be provided for that purpose; and to pay for the construction of such bridge, or the re-building of the same at any time thereafter, the common council may levy a tax on all taxable Tax may be levproperty in said city sufficient to raise the amount of money necessary for that purpose, which tax shall be levied and collected at the same time and in the same manner as other city taxes are levied and collected by law. When the common council shall determine to build such bridge, the plans and specifications for the same shall be made, and the work let by contract, in the same manner as other city work is required to be ied. let by law. Such bridge, when built, shall be free, Bridge to be free. shall be constructed in such manner as the common council shall determine, and shall be under the control of the city, in the same manner as other bridges across the Milwaukee river in said city. of Menomonee SECTION 2. With the consent of the owners of the Vacation of part property on each side thereof, the common council of street. said city may, by resolution or ordinance, vacate such part of Menomonee street, in the fourth ward, from the Milwaukee river westward, as they shall think proper: provided, only, that a suitable street shall first be furnished and opened from said river to West Water street, north of Menomonee street, at or in which the west end of the bridge by this act authorized to be built, can conveniently abut or terminate; and authority is hereby expressly given to said city and the owner or owners of the property at or near the foot of Menomonee street, on the west side of said river, to con CHAPTER 12. tract for the vacation of such part of said last named street as shall be thought necessary or convenient, and for the opening of such new street, as aforesaid, from said river to West Water street. SECTION 3. This act shall take effect force from and after its passage. Approved Feb'y 19, 1861. May reduce capital stock. Proviso. Certificate to be filed with register of deeds. CHAPTER 12, AN ACT to authorize the "Northwestern bank" to reduce its capital. The People of the State of Wisconsin, represented in Senate and Assembly, do enact as follows: SECTION 1. The Northwestern bank is hereby authorized to reduce its capital stock to fifty thousand dollars, the outstanding circulating notes of said bank being not greater than that sum, and the shares of said bank to five hundred shares of one hundred dollars each; and said bank having filed a certificate with the secretary of state, in compliance with subdivision thirteen of an act to amend chapter 479 of the general laws of Wisconsin for the year 1852, entitled "un act to authorize the business of banking in the state of Wisconsin," approved May 15, 1858: provided, that the said bank shall be required to pay to the state treasurer all taxes due the state on the full amount of its capital up to and including the day on which this act shall take effect. SECTION 2. The president and cashier of the bank named in section one of this act shall, immediately. after it passage, file in the office of register of deeds, in the county where said bank is situated, a certificate under oath, stating the sum to which the capital stock of said bank is reduced. SECTION 3. This act shall take effect and be in force from and after its passage. Approved February 19, 1861. |