board.

vened in such manner as they shall determine upon, and may fill any vacancy which may occur in their own Officers of the board. They shall elect or appoint one of their own number president, and shall elect or appoint a secretary, treasurer and such engineers,superintendents, agents and other officers as they may deem proper, and the bylaws shall prescribe the duties of all officers. The directors shall have power to make and establish such bylaws, rules, orders and regulations, not in conflict with or repugnant to the constitution or laws of this state or of the United States, as they shall think best for the well-ordering of the affairs of said company, and to alter amend and repeal the same at pleasure; also, to make such covenants, leases, contracts and agreements, with any person or persons, co-partneship or corporation whatsoever as the execution and management of the affairs and the conveniences and interests of the company may require, and in general to superintend and direct all the operations, receipts, disbursements and all other affairs and proceedings of said company.

Certificates of stock-how issued.

When company may organize.

SECTION 5. The directors shall issue a certificate or certificates to the stockholders for the number of shares held by them, respectively, in said corporation, signed by the president and secretary, which shall be transferable in such manner as shall be prescribed by the bylaws; and the directors may receive in payment for any such stock, any real or personal estate or any easement, as shall be agreed upon between the directors and any other party. The corporators named in the first section of this act, or a majority of them, shall act as commissioners to procure subscriptions to the stock of said company, and for that purpose shall open books at such place or places as they or a majority of them shall designate; and as soon as twenty thousand dollars or more are subscribed, they shall notify the stockholders of the fact, designating some convenient time and place for them to meet and hold an election for directors.

SECTION 6. It shall be lawful for said company to organize and commence its operations when and so soon as twenty thousand dollars shall be subscribed of said stock, and twenty-five per cent. thereon paid in cash; and with that capital to commence, conduct and carry on the same until the directors shall find it expedient to enlarge their capital, which they are authorized to do, from time to time, to the amount first above mentioned and provided for.

SECTION 7. The said corporation is hereby author- Business of the ized to engage in carrying on and conducting the busi- corporation. ness of growing beets and of purchasing and selling the same, and of manfacturing sugar therefrom, either by water or steam power, or both, at such place as they they may desiguate, within this state.

empt from tax

SECTION 8. The property of said corporation act- Property exually used in the process of manufacturing sugar from ation. beets is hereby exempted from all state, county, city, or other taxation for ten years from the passage of this act: provided, that the said corporation shall have the business of manufacturing sugar from beets in actual operation at some place within this state within two years from the passage hereof.

SECTION 9. It is hereby declared that in the judg ment of the legislature, the objects of this corporation cannot be obtained under the general laws.

SECTION 10. This act is hereby declared a public act Construction. and its provisions shall be liberally construed in all

courts of this state, and shall take effect from and after

its passage and publication.

Approved March 3, 1868.

CHAPTER 195.

AN ACT to repeal chapter 298 of the private and local laws of 1856, entitled "an act to incorporate the fire department of the city of Racine."

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

SECTION 1. Chapter 298 of the private and local Repealed. laws of 1856, entitled "an act to incorporate the fire department of the city of Racine," is hereby repealed. SECTION 2. This act shall take effect and be in force from and after its passage. Approved March 3, 1868.

Amended.

olation of char

CHAPTER 196.

[Published March 10, 1868.]

AN ACT to amend chapter 337 of the private and local laws of 1867, entitled "an act to amend an act incorporating the village of Jefferson in Jefferson county, and to consolidate the several acts amendatory thereof."

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

SECTION 1. Chapter 337 of the private and local laws of 1867 is hereby amended as follows: All of Offenses for vi fences for which fines and penalties may be incurred ter, how treated for violating any of the provisions of said chapter, or any ordinances of the president and trustees of the village of Jefferson shall be treated as inferior crimes and misdemeanors, and shall be prosecuted in the name of the state of Wisconsin, and the proceedings before the police justice of said village relating thereto shall conform so far as may be to the proceedings before justices of the peace, provided for in chapter one hundred and twenty-one of the revised statutes, so far as the complaint, warrant, continuance, jury trial, bail having in custody, commitment for want of bail, ap peal, contempt, judgment, order to stand committed till paid and sentenced; but no case shall be removed from said police justice.

How fines disposed of.

SECTION 2. All fines collected pursuant to order or judgment of said police justice and all moneys collected on account of forfeiture of any bail given before said justice shall be paid to the treasurer of said vilage, and said viliage shall pay all costs incurred in said prosecutions, or by reason of the commitment of any person to the county jail.

SECTION 3. All parts of said chapter and all provisions of ordinances of said village inconsistent with the provisions of this act are hereby repealed.

SECTION 4. This act shall be in force and take effect from and after its passage and publication in the Jef ferson Banner, printed at said village of Jefferson. Approved March 3, 1868.

CHAPTER 197.

[Published April 3, 1868.]

AN ACT authorizing the city of Stevens Point to raise money to build county buildings.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

ate money for

SECTION 1. The qualified electors of the city of May appropriStevens Point are hereby authorized to vote, at the court house. next annual charter election, upon the proposition that the city do nate to the county of Portage, ten thousand dollars to build a court house and other county buildings, within the corporate limits of the city of Stevens

Point, Wisconsin. The ballots used therefor shall be Form of ballot. printed or written, and those in the affirmative shall be written or printed as follows: "for appropriation, yes," and those in the negative, "for appropriation, no. Said ballots shall be on the same ballot or ticket as those cast for city officers, and be deposited in the same ballot box and canvassed in the same manner as votes at said charter election for city officers.

propriated.

SECTION 2. In case a majority of the votes cast on Sum to be apthat proposition shall be in favor of the appropriation, the sum of ten thousand dollars shall be deemed a special tax levied upon all the real estate within the corporate limits of said city, and it shall be the duty of the city clerk to enter the same as a special tax on the tax rolls of the city, upon the real estate therein, according to the valuation of the several tracts, and the same shall be collected and returned as other taxes are, and the real estate upon which such taxes are not paid may be returned and sold for delinquent taxes as provided by law.

SECTION 3. The city clerk shall not place said tax Duty of city in the tax rolls of the city unil after it shall be officially determined by the canvass of the county board of canvassers of Portage county or other legal determina. tion, that a majority of the electors thereof have voted in favor of the removal of the county seat of said county to Stevens Point.

SECTION 4. So soon as the sum of five thousand Duty of mayor. dollars is raised upon said special tax, it shall be the

duty of the mayor of said city to make an order placing that amount at the disposal of the county board of supervisors of Portage county, and to make a like order thereafter whenever the sum of one thousand dollars shall have been collected and paid to the city

treasurer.

SECTION 5. This act shall take effect and be in force from and after its passage. Approved March 3, 1868.

Corporators.

CHAPTER 198.

AN ACT to incorporate the Muskego canal company.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

SECTION 1. James Reynolds, Patrick Walsh, Hugh P. Reynolds, and their associates, are hereby authorized to construct and maintain a canal for the purpose of draining the waters of Muskego and Wind lakes, in the counties of Waukesha and Racine, into Root river or its tributaries, at such points as they shall select, and also to construct and maintain such other canals in the towns of Muskego, Franklin and Norway, as may be necessary to connect the waters of the small lakes in said towns with the waters of said Muskego and Wind lakes, and to drain the same; and all right, title and interest of the state to all the lands now submerged by the waters of said lakes, together with the marsh and swamp lands surrounding said lakes in said towns, which may be redeemed by the draining thereof, is hereby relinquished to said company: provided, however, that they shall commence said canal within two years, and complete the same within four years from Powers of the the passage of this act. And said company may make

company.

and execute to any person or persons, or body corporate or politic, any and all writings, notes, bonds, mortgages on real or personal property belonging to said company, in the due prosecution of their business, or as security for the loan of money borrowed by or due from said company to any person or persons, or