Page:United States Statutes at Large Volume 16.djvu/140

 106 FORTY-FIRST CONGRESS. Sess. II. Ch. 80. 1870. &M“““*`*°**;Fm8• No stockholder shall be personally liable for phe payment of any debt, °'°°rp°ml°“' contracted by any company formed under this act wluchq is not- paid Limitation to within one year from the time the debt becomes due, unless ‘a suit for personal liability the collection of such debt shall be brought against such company wirhm °f ¤*<2°k**°ld°”· one year after the debt became due; and no suit shall be brought agams: ,,,3`;':,,;°;§° any stockholder who shall cease to be a stockholder in any such compawithin, &c. ny, for any debt contracted by said company, unless the same shall bc commenced within two years from the time he shall have ceased to be a stockholder, nor until an execution against ‘the company shall have been returned unsatisfied in whole or in part. Lists of snuck- It shall be the duty of the trustees of every corporation formed- under gg!?" t° °° this act to cause a book to be kept by the treasurer or secretary thereof, P ° containing the names of all persons, alphabetically arranged, who are or shall within six years have been stockholders of such company, and htpcontain showing their place of residence, the number of shares of stockhhelld by "' li them respectively, the time when they became owners of suc s ares, _ *°b°_°P<=¤ for and the amount of stock actually paid in; which book shall, during the creditors. inspection of stockholders and crcditorsof the company, and their personal representatives, at. the office or principal place ok business of such company in the District of Columbia where its business operations shall R §l°°;;!2g*:°” be located, and any and every such stockholder, creditor, or representa- ,;,,y°,;,,,;:,c;, five shall have a right to make extracts from such books, and no transtrws from fer of stock shall be valid for any purposes whatsoever, except to render b°}Ff_;1S,."s of the person to whom it shall be transferred liable for the debts of the stock not valid, company, according to the provisions of this act, until it shall have been °X°°P*·&°·““*ll entered therein, as required by this section, by an entry showing to and EEE26d1D smh from whom tmnsferred. Such book shall be presumptive evidence of the Stock book to faces therein stated in favor of the plaintif in any suit or proceeding b°,§‘é’£ft‘;,°‘:;p§f· apgxinst such company,tpr against aniv on; of mope stockholglcrs. Eyery officers) &c_ fop 0 (A11 Ol 8g8H'} O SDL COXDQBDY, W10 S 3 HCg act to [D3 C dlly ploper ¤¤zl¤<>¤ ¤¤t¤P¤k¤ entry in such book, or shall refuse or neglect to exhibit the same, or to allow the same to be inspected and extracts to be itaken therefrom, as exhibit book, hercmbefore provided, shall be deemed guilty of a misdemeanor, and the &°·¤ company shall pay to the party injured a penalty of fifty dollars for any such nerrlcct or refusal, and all damaves result, in¤· therefrom; and every n on com an " ° ° - - · for gcglwtfl Y company that shallineglect to lieep such book open for `mspection as keeping book aforesaid shall forfeit to the United States the sum of fifty dollars for
 * ‘Q;§;$,2§{;,;f,,ud usual business hours of the day on every business day, be open for
 * i¥;;”l°""SP°°' every day it shall so neglect, to be sued for and recovered, in the name

` of the people, in the supreme court of the District of Columbia, and when so recovered the amount shall be paid into the treasury of said District of Columbia, for the use thereof. CEMETEMES — INCORPORATION. Q¢¤¥¤¤¤¤’y M- Sec. 5. And be it further enacted, That where five or more persons socnmons how - - mad, • shall associate themselves together for the purpose of Forming a cemetery association in the District of Columbia, such persons shall have the 0§:;{:°xg;°’· power to adopt a corporate name, and by that name shall be known as P Pa body corporate, and by that name shall have perpetual succession and be invested with all powers, rights, privileges, liabilities, and immunities METZE z;<>S¤<{¤ incident to corporations. Said persons. so associated, shall have power to allow ° u"` acquire by gift, grant, or purchase any lot or Ions of land not exceeding fifty. acres, and lay out the same for a burial place for she dead, with convenient aisles, and to sell the same for such purpose and for no other purposes, reserving a sufficient portion thereof for the burial of the strangrr gm and (,0,, and indigent. Said persons, so associaxed, may have a common seal, and pvmw pvwem may alter or change the same at xheir pleasure. Said association shall have power to enclose and ornament said burial ground, to build and