territory, seventy-five dollars; to John Donaldson, for freight and storage paid on books, seven dollars and fifty cents; for the pay of extra services done by the chief and assistant clerks of the council and house of representatives for the first session of the legislative assembly of the territory of Kansas, in copying the journals and indexing the same, and for other services, and for the pay of the adjutant general of Kansas territory, nine hundred and fifty dollars.

Approved February 20th, 1857.

ASSOCIATIONS-CHURCH, &c.

AN ACT in relation to Associations.

Be it enacted by the Governor and Legislative Assembly of the Territory of Kansas, as follows:

Any association may obtain any

of land.

SECTION 1. Any church or religious association, lodge of Masons, Odd Fellows, divisions of Sons of Temperance, or necessary amount kindred orders, or any other association of persons for religious, moral, benevolent or literary purposes, or town company, or other association formed for any laudable or lawful purpose, may receive and hold by purchase or otherwise, and lease or convey the same, any amount of land necessary for the purposes of their association by or through a trustee or trustees, selected by any such association; and no conveyance to any such trustee, for the use and benefit of such association, shall vest the right of dower in any married woman in any way connected with any such association.

SEC. 2. Any conveyance to or by any such association may be made through a trustee for the use and benefit of such association, naming it, and all the recitals in any lease, deed or other instrument, made to or by any such association, shall be taken and deemed as evidence of any and all facts so recited, until the contrary shall be proven by the party denying such facts so recited.

SEC. 3. That any such association may select a trustee by a majority of their members or interests as they may determine, and enter the same on the books of the association, and all va

Any conveyance, how made.

Of trustees.

cancies may be filled in the same way; and such books being. proven to be genuine, shall be evidence of the contents thereof. This act to take effect and be in force from and after its passage.

Approved February 17th, 1857.

Every company

legislature autho

BANKING ASSOCIATIONS.

AN ACT declaring certain Banking Associations unlawful.

Be it enacted by the Governor and Legislative Assembly of the Territory of Kansas, as follows:

SECTION 1. Every company or association of persons formwithout an act of ed for banking purposes within this territory, and without an act of the legislature authorizing the same, shall be deemed unlawful.

rizing its purposes is unlawful.

Punishment.

Punishment for

on the business of

SEC. 2. If any person shall subscribe to or become a member of such company or association, he shall be deemed guilty of a misdemeanor, and punished by fine not exceeding one thousand dollars, nor less than four hundred dollars, or by imprisonment in the county jail for a term not less than six nor more than twelve months, or by both such fine and imprisonment.

SEC. 3. If any person shall be concerned in issuing notes or aiding in carrying bank bills, receiving deposits, loaning, issuing or signing any such a company. such notes or bills, or in any way aiding in carrying on the business of such company or association, he shall be deemed guilty of a misdemeanor and punished by fine in the sum of one hundred dollars, or by imprisonment in the county jail for a term not less than one nor more than three months, or by both such fine and imprisonment.

After this act taking effect, all

SEC. 4. From and after the taking effect of this act, all notes or securities notes or securities for the payment of money, or the delivery shall be null and of property, made, given, endorsed, or transferred to, or re

to such company

void.

ceived by any such company or association for money or bills. loaned, or discounts made, given, or transferred, or received by any persons for the benefit of such company or association, shall be null and void.

SEC. 5. All bills, notes, checks, drafts, or obligations what

All bills, notes, &c, issued by

ever, payable to bearer or order, except such as may be is them, are void. sued by an incorporated bank, issued or passed with the intent that the same shall be used as currency, and which shall bear the impression of types, plates or printing, are void, and no action shall be sustained thereon except against the original signer thereof.

Punishment for passing such note,

SEC. 6. If any person shall pass or issue any such note, bill, check, draft, or obligation, with the intent that the same shall check, &c. be circulated as currency, he shall be deemed guilty of a misdemeanor, and fined for each offence not less than twenty nor more than one hundred dollars.

SEC. 7. If any person or persons shall issue or circulate as currency any note, draft, check, scrip, or other evidence of debt, without authority of law, he shall be liable to all the pains and penalties as prescribed in this act, the same as if the note, draft, check, scrip or evidence of debt were issued or circulated by any company or association formed for banking purposes without authority of law.

This act to take effect and be in force from and after the first day of February, eighteen hundred and fifty-seven. Approved January 29th, 1857.

Any person issuing or circulat

ing notes, checks, thority of law, is

&c., without au

liable to all penalties prescribed in

this act.

RAILROAD ASSOCIATIONS.

AN ACT to authorize the formation of Railroad Associations and to regulate the same.

Be it enacted by the Governor and Legislative Assembly of the Territory of Kansas, as follows:

What number of persons may form

constructing a

railroad. Articles of 8

sociation.

SECTION 1. Any number of persons not less than six may form a company for the purpose of constructing, maintaining a company for and operating a railroad for public use, in the conveyance of persons and property, and for that purpose may make and sign articles of association, in which shall be stated the name of the company; the number of years the same is to continue; the places from and to which the road is to be constructed or maintained or operated; the length of such road as near as may be, and the name of each county in this territory through or into which it is made or intended to be made; the amount of capital stock of the company, which shall not be less than ten

Directors of the company.

Articles of asso

ciation to be filled

in the office of the

secretary of the territory.

Provisions.

thousand dollars for every mile of road constructed or proposed
to be constructed, and the number of shares of which said capi-
tal stock shall consist; and the names and places of residence.
of the directors of the company, not less than five nor over thir-
teen in number, who shall manage its affairs for the first year,
and until others are chosen in their places. Each subscriber
to such articles of association shall subscribe thereto his name,
place of residence, and the number of shares of stock he agrees
to take in said company. On compliance with the provisions
of the next section, such articles of association may be filed in
the office of the secretary of the territory, who shall endorse
thereon the day they are filed, and record the same in a book
to be provided by him for that purpose, and thereupon the per-
sons who have so subscribed such articles of association, and
all persons who shall become stockholders in such company,
shall be a corporation by the name specified in such articles of
association, and shall possess the powers and privileges granted
to corporations, and be subject to the provisions following, to
wit: 1st. To have succession by its corporate name for the pe-
riod limited in its articles of association. 2d. Sue and be sued,
complain and defend, in any court of law or equity. 3d. To make
and use a common seal, and alter the same at pleasure. 4th. To
hold, purchase and convey such real and personal estate as the
purposes of the corporation shall require. 5th. To appoint such
subordinate officers and agents as the business of the corpora-
tion shall require, and to allow them a suitable compensation.
6th. To make by-laws, not inconsistent with any existing laws,
for the management of its property, the regulation of its af-
fairs, and for the transfer of its stock. 7th. In addition to the
powers enumerated and given in this act, no corporation shall
possess or exercise any corporate powers, except such as shall
be necessary to the exercise of the powers so enumerated and
given. 8th. No corporation created under this act shall, by
any implication or construction, be deemed to possess the power
to discount bills, notes, or other evidences of debt; of receiving
deposits; of buying gold and silver bullion, or other foreign
coin; of buying and selling bills of exchange, or of issuing
bills, notes, or other evidences of debt, upon loan or for circu-
lation as money. 9th. Where the whole capital of a corpora-
tion shall not have been paid in, and the capital paid shall be
insufficient to satisfy the claims of its creditors, each stockhol-
der shall be bound to pay on each share held by him the sum ne-

cessary to complete the amount of such share as fixed by the articles of association, or such proportion of that sum as shall be required to satisfy the debts of the company. 10th. When the corporate powers of any corporation are directed by its articles of association to be exercised by any particular body or number of persons, a majority of such body or number of persons, if it be not otherwise provided in its articles of association, shall be a sufficient number to form a board for the transaction of business, and every decision of a majority of the persons duly assembled as a board shall be valid as a corporate act. 11th. Upon the dissolution of any corporation created under this act, and unless other persons shall be appointed by the legislature or by some court of competent authority, the directors or managers of the affairs of such corporation at the time of its dissolution, by whatever name they may be known in law, shall be the trustees of the creditors and stockholders of the corporation dissolved, and shall have full power to settle the affairs of the corporation, collect and pay the outstanding debts, and divide amongst the stockholders the moneys and other property that shall remain after the payment of debts and necessary expenses. 12th. The persons so constituted trustees shall have authority to sue for and recover the debts and property of the dissolved corporation, by the name of the trustees of such corporation, describing it by its corporate name, and shall be jointly and severally responsible to the creditors and stockholders of such corporation to the extent of its property and effects that shall come into their hands.

SEC. 2. Such articles of association shall not be filed and recorded in the office of the secretary of the territory until at least five hundred dollars of stock for every mile of railroad proposed to be made is subscribed thereto, and two per centum paid thereon in good faith, and in cash, to the directors named in said articles of association; nor until there is endorsed thereon or annexed thereto an affidavit made by at least three of the directors named in said articles, that the amount of stock required by this section has been in good faith subscribed and two per centum paid in cash thereon, as aforesaid, and that it is intended in good faith to construct or maintain and operate the road mentioned in such articles of association, which affidavit shall be recorded with the articles of association as aforesaid.

When articles of association to be filed.

Filed copy of these articles pre

SEC. 3. A copy of any articles of association filed and recorded in pursuance of this act, or of the record thereof, with sumptive evidence

&c.