Company, thence southerly by the westerly side of Union CHAP. 148 street to the southerly line of said Jacobs farm, thence on said southerly line to the point of beginning. SECT. 2. This act shall take effect when approved. Approved March 4, 1891. Chapter 148. An Act concerning Boomage Rights at Rumford. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: boomage rights re-enacted. SECT. 1. The provisions of chapter one hundred and Act concerning twenty-four of the private and special laws of eighteen at Rumford, hundred and eighty-seven, entitled "An Act concerning boomage rights at Rumford," are hereby revived and re-enacted. SECT. 2. This act shall take effect when approved. Approved March 4, 1891. Chapter 149. An Act to incorporate the Waldoboro Savings Bank. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. George Bliss, Edwin O. Clark, Lincoln L. Ken- Corporators. nedy, Charles Comery, J. True Sanborn, William H. Miller, Asa R. Reed, J. Tyler Gay, Gardner Reed, Nelson C. Austin, Leavitt Storer, David H. Pulsifer, Austin W. York, Arthur C. Child, George W. Rowe, Ezekiel V. Philbrook, William A. Richards, Edward R. Benner, George W. Young, George L. Welt, Moses W. Levensaler and Theodore S. Brown, their associates and successors are hereby constituted a body politic and corporate by the name of the Waldoboro Savings Bank, corporate with all the rights and privileges, and subject to all the liabilities and duties incident to similar institutions by the duties. laws of this state, with full power by that name to prosecute and defend suits at law and in equity, to have and to use a common seal, to elect such officers as are required by the laws of this state, and others that may be necessary for the name. -powers and -location. CHAP. 150 transaction of business, to make, establish and enforce by-laws for the management of the concerns of the corporation, not repugnant to the laws of this state. Said bank shall be established at Waldoboro. First meeting, how called. SECT. 2. The first meeting of said corporation may be held at such time and place as the first five corporators may designate, by giving notice thereof seven days or more previously, in any newspaper published in Lincoln county. At said meeting and every subsequent annual meeting new members may be elected by ballot. It shall require at least seven of the corporators or their associates, to constitute a quorum for the transaction of business. SECT. 3. This act shall take effect when approved. Approved March 4, 1891. Salaries of judge and recorder of Portland municipal court, how paid. how disposed of. Chapter 150. An Act in relation to the Municipal Court of the city of Portland. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. The salaries of the judge and recorder of the municipal court for the city of Portland shall be paid out of the treasury of the county of Cumberland, and all moneys, -fees and fines, fines, costs, court fees of every nature, and proceeds from forfeitures received by the recorder of said court, and all fees, fines and moneys accruing from said court paid to the jailer after commitment, shall be accounted for by them respectively and paid over to the treasurer of said county quarterly, excepting, however, that all fines and proceeds of forfeitures received by the recorder by reason of the violation of any ordinance of the city of Portland, shall be paid over to the treasurer of said city of Portland by him. Blanks and stationery, shall expense of county. SECT. 2. It shall be the duty of the county commissioners be furnished at to furnish and provide at the expense of the county, all blanks required for the use of said court in the transaction of its civil and criminal business, including proper books for the record of all cases arising in said court. And said commissioner shall also provide at the expense of said county, necessary office stationery and supplies for the use of the judge and recorder of said court in the performance of their official duties. CHAP. 151 fixed. SECT. 3. The salary of the judge of said court shall be Salary of judge, twelve hundred dollars per annum payable quarterly, in full for all services. acts, repealed. SECT. 4. All acts or parts of acts conflicting with this Inconsistent act, are hereby repealed. take effect. SECT. 5. This act shall go into effect on the first day of When act shall April, in the year of our Lord eighteen hundred and ninety one. Approved March 4, 1891. Chapter 151. An Act to incorporate Persia Insurance Company. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. Frederick M. Laughton, Francis H. Clergue, Corporators. John R. Mason, Charles E. Field, A. H. Robinson, M. H. Wardwell, their associates, successors and assigns, are hereby created a body corporate, by the name of Persia Insurance -corporate Company for the purpose of taking marine and inland insur- name. ance and transportation risks, and insuring buildings, stocks -purposes. in trade, merchandise, and all other kinds of personal property, and rents, against loss by fire, lightning or other casualties. All the rights and privileges granted to similar corpo- privileges. rations in this state are hereby granted to this company, and said corporation may conduct the aforesaid business of insurance in any manner not to conflict with this act or the laws of this state, and may adopt such by-laws for the management of its affairs as it may deem necessary. -rights and SECT. 2. The capital stock of said company shall be one Capital stock. hundred thousand dollars, to be increased whenever the stockholders may desire to an amount not exceeding five hundred thousand dollars and shall be divided into shares of one hundred dollars each, one quarter of which shall be paid in or safely secured before any risks shall be taken, and the balance of said stock shall be paid in or secured at such time or times as the directors may order, notice thereof to be given in any newspaper published in Bangor for two weeks suc CHAP. 151 cessively, the last publication to be at least one week before Board of directors and election. How investments may be made. Indebtedness of stockholders to company, shall create a lien on stock. Location. -first meeting, the time of payment. SECT. 3. The management of business not otherwise provided for in the by-laws of the company, shall be under the direction of a board of directors, elected at the annual or some special meeting called for the purpose, and any director or officer of other insurance companies shall be eligible as director or officer in this company. SECT. 4. Said company is authorized to invest in or loan its capital and accumulations on mortgages of real estate, national, state, county, or city bonds, or in such other manner and upon such security as the board of directors may approve and direct, and may purchase and hold real estate to an amount not exceeding fifty per centum of their capital, in addition to what they may hold by way of mortgage, or what may accrue to them by foreclosure of mortgage or as security for indebtedness. SECT. 5. Said company shall hold a lien upon the stock of any stockholders indebted to the company, and no transfer of such stock shall be permitted, reducing the amount of his stock below the amount of such indebtedness, without the consent of the directors by a vote, which vote shall be recorded upon the records of the company, and all liability to the company, either as promissor or indorser upon any note, draft or other negotiable paper whether the same be matured or not, shall be deemed indebtedness to the company. SECT. 6. Said company shall be located at any place in the state of Maine where the board of directors may determine, and when so determined the board of directors shall notify the insurance commissioner. The first meeting of said when held and corporation for the purposes of organization, shall be held at Bangor, on notice for that purpose, given in writing to each of the said incorporators, the same to be signed by any one of said incorporators, by mailing said notice to each incorporator, to his proper address, at least three days prior to the date of said meeting. how called. SECT. 7. This act shall take effect when approved. Approved March 4, 1891. CHAP. 152 Chapter 152. An Act to amend chapter one hundred and thirty-five of the Private and Special Laws of eighteen hundred and seventy-five, entitled "An Act to establish a Municipal Court in the city of Auburn," as amended by chapter one hundred and eighty-six of the Private and Special Laws of the same year, and chapter fifty-one of the Private and Special Laws of eighteen hundred and eighty one. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Laws of 1875. SECT. 1. Chapter one hundred and thirty-five of the Ch. 135, Private private and special laws of eighteen hundred and seventy-five, entitled "An Act to establish a municipal court in the city of Auburn," as amended by chapter one hundred and eighty-six of the private and special laws of the same year, and chapter fifty-one of the private and special laws of eighteen hundred and eighty-one, is hereby further amended so that the same, when amended, shall read as follows: Municipal Court of the city of established. -a court of scal. Judge and 'SECT. 1. A municipal court is hereby established in and for the city of Auburn, to be denominated the municipal court of the city of Auburn, which shall be a court of record and have a clerk and a seal, and consist of one judge appointed record, with as provided in the constitution and who shall be, ex-officio, a justice of the peace and of the quorum and have and exer- jurisdiction. cise concurrent authority and jurisdiction with trial justices over all matters and things by law within their jurisdiction, and such authority and jurisdiction additional thereto as is conferred upon him by this act and who shall receive from said city an annual salary of eight hundred dollars, to be paid to -salary. him in quarterly payments. jurisdiction in certain cases. 'SECT. 2. Said court shall have jurisdiction as follows: I. Exclusive jurisdiction of all offenses against the ordi- Exclusive nances or by-laws of said city, and all such other criminal offenses and misdemeanors committed therein as are cognizable by trial justices; and concurrent jurisdiction with trial justices in the county of Androscogging of all like offenses and misdemeanors not herein placed within its exclusive jurisdiction, when committed in any town or city in said county except Lewiston. concurrent trial justices. jurisdiction with exclusive where damages do not exceed II. Exclusive original jurisdiction of all civil actions Original wherein the debt or damages demanded do not exceed twenty jurisdiction dollars, and both parties, or any plaintiff and a person summoned as a trustee, reside in the city of Auburn, including prosecutions for penalties in which said city is interested and $20, etc. |