CHAP. 490 May raise money for fire department. -how assessed. -abatement of. collection of. Officers. SECT. 2. Said corporation is hereby invested with power, at any legal meeting called for the purpose, to raise such sums of money as may be sufficient for the purchase, repair and preservation of one or more fire engines, engine houses, hose, buckets, hooks, ladders, or other apparatus, for the extinguishment of fire; and for organizing and maintaining, within its limits, an efficient fire department. SECT. 3. Any money raised by said corporation for the purposes aforesaid, shall be assessed upon the property and polls within the territory, by the assessors of said corporation in the same manner as is provided by law for the assessment of county and town taxes, and said assessors may copy the last valuation of said property by the assessors of the town of Phillips, and assess the tax thereon, if said corporation shall so direct, and may abate any tax by them so assessed, the tax on polls not to exceed the sum of one dollar to any one person in one year. SECT. 4. Upon a certificate being filed with the assessors of said corporation by the clerk thereof, of the amount of money raised at any meeting for the purposes aforesaid, it shall be the duty of said assessors, as soon as may be, to assess said amount upon the polls and estates of the persons residing on the territory aforesaid, and upon the estates of non-resident proprietors thereof, and lists of the assessments so made, to certify and deliver to the collector, whose duty it shall be to collect the same in like manner as county and town taxes are by law collected by towns, and to pay over the same to the treasurer of said corporation, who shall receive the same and pay it out to order or direction of the corporation, and keep a regular account of all moneys received and paid out and exhibit the same to the assessors whenever requested; and said corporation shall have the same power to direct the mode of collecting said taxes as towns have in the collection of town taxes. SECT. 5. The officers of said corporation shall consist of a clerk, treasurer, assessors, collector, fire wardens, and such. other officers as may be provided for, in the by-laws of said corporation; which said fire wardens shall have, exclusively, all the power and authority within the limits of said corporation, that fire wardens now have chosen by towns in town meeting. SECT. 6. Said corporation, at any legal meeting thereof, CHAP. 490 may adopt a code of by-laws for the government of the same By-laws. and for the efficient management of the fire departments aforesaid, provided, the same are not repugnant to the laws of the state. SECT. 7. All the officers of said corporation shall be chosen by ballot, and sworn to the faithful performance of their duties; the first election to be at the meeting of the legal voters of the corporation, called to accept this charter, and the annual election of officers shall be in the month of March. SECT. 8. The collector and treasurer shall give bonds in double the amount of the tax so raised, to the inhabitants of said corporation, which bonds shall be approved by the assessors and clerk. officers, how chosen and sworn. First, and annual elections. Collector and treasurer to give bouds. First meeting, how called. SECT. 9. S. D. Davis and Seward Dill, or either of them, are hereby authorized to call the first meeting of said corporation, and to notify the legal voters thereof to meet at some suitable time and place, within the limits aforesaid, by posting up notices in two public places within said limits, seven days at least before the time of said meeting; and either of said persons are authorized to preside at said meeting until after its organization, and until after a moderator election of shall be chosen by ballot and sworn, and at all meetings of powers. the corporation, a moderator shall be chosen in the manner, and with same powers as in town meetings. moderator and voters. SECT. 10. All persons liable to be taxed for polls, resid- Qualification of ing in the limits of said corporation, shall be legal voters at any meeting of said corporation. take effect. SECT. 11. This act shall take effect when approved by When act shall the governor, so far as to empower the first meeting of said. corporation to be called, and if this charter shall be accepted at said first meeting of said corporation, by a majority of the legal voters of said corporation, then the same shall take and have complete effect in all its parts. But there shall be but one such meeting called in each year for such purpose. 11* Approved March 4, 1885. 670 CHAP. 491 Assessments, when made. PISCATAQUIS MUTUAL INSURANCE CO.-MERCHANTS' INSURANCE CO. Chapter 491. An Act additional to "An Act to incorporate the Piscataquis Mutual Insurance Be it enacted by the Senate and House of Representatives SECT. 1. Assessments by the Piscataquis Mutual Insurance Company or its directors as provided by "An Act to incorporate the Piscataquis Mutual Insurance Company," approved February two, in the year eighteen hundred and thirty-three, and acts additional thereto, and amendatory thereof, approved respectively on February four in the year eighteen hundred and fifty-nine, and on March sixteen in the year eighteen hundred and sixty-four, shall be made once in two years and three months, or at shorter periods of time, as the directors of said corporation may, from time to time, determine, and the treasurer of said company, by order of its directors, may from time to time, between such assessobtain temporary ments, obtain money on loans, on the faith and responsibility of said company, to pay the debts and liabilities of said company arising or maturing between assessments as aforesaid, or otherwise, and may issue the promissory notes of said corporation therefor, payable with interest annually, at times not exceeding three years from dates thereof respectively. Directors may jeans. Past assessments al loans not Affected. SECT. 2. This act shall not be construed as denying the power of said corporation, in the past, to make assessments or obtain loans, substantially as provided in the preceding section. Approved March 4, 1885. Corporators. Chapter 492. An Act to charter the Merchants' Insurance Company. Be it enacted by the Senate and House of Representatives SECT. 1. L. J. Morse, George Stetson, T. J. Stewart successors, be and hereby are made a body corporate and politic, CHAP. 492 by the name of the Merchants' Insurance Company, having Corporate name its place of business at Bangor, and are authorized to take marine and inland insurance and railroad transportation risks. All the rights and privileges granted to similar corporations in this state are hereby granted to this company, with the right to make such by-laws as they may deem advisable, not inconsistent with the laws of this state. 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 successively, the last publication to be at least one week before the time of payment. vested in board of directors. -election of. SECT. 3. The management of business, not otherwise Management 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. how made. SECT. 4. Said company is authorized to invest in or loan Investments, 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 cent 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 Liability of stockholders indebted to the company. 672 CHAP. 493 INDIAN CONSTABLES-DOINGS OF OFFICERS OF WALDOBORO'. note, draft or other negotiable paper, whether the same be Appointment of indian constables. -powers. -tenure. -removal. Chapter 493. An Act authorizing the Governor to appoint special officers to enforce police regulations among the Indian tribes of the State. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. The governor with the advice and consent of the council, is hereby authorized to appoint one or more reliable and well commended Indians, without pay, in each of the Indian tribes in this state, as special constables with like powers and duties of constables and police officers, within towns and cities, in the enforcement of the laws of the state, within the limits of the reservation of his tribe, with authority to take any offender before any court of competent jurisdiction, within his county. SECT. 2. Said constables shall be appointed for one year, and may be removed at any time by the governor. Approved March 4, 1885. Doings of officers of Waldoboro, made valid. Chapter 494. An Act to make valid the doings of the municipal officers of the town of Waldoborough. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. The doings of the municipal officers of the town of Waldoborough in locating and building a school-house in district number eleven in said town, also the doings of the assessors of said town in assessing a tax on the polls and estates of the inhabitants of said district, for purchasing a lot and for building the same, are hereby made legal and valid. SECT. 2. This act shall take effect when approved. Approved March 4, 1885. |