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twenty years.

after its passage, and shall continue in force twenty Act in force years; but the legislature of this territory or state, as the case may be, may at any time alter, modify or amend its provisions.

SECTION 13. The corporations hereby constituted, Powers of the may have and use a common seal, may sue and be corporations. sued, plead and be impleaded, by said corporate name. And the president and directors of said corporations shall have power to appoint such officers, agents and servants, as they may find necessary, prescribe their duties, and require bonds for the faithful performance thereof, and may, from time to time, adopt such bylaws and regulations, for the transaction of the business of said companies, as they may deem expedient; such by-laws and regulations not to be inconsistent By-laws. with the constitution and laws of the United States, or of this territory. And said laws shall determine, as near as practicable, the rates of insurance, on the different classes of property, and the sum to be depos ited for any insurance. They shall also fix the sum to be insured, and the majority of the whole number of directors shall constitute a quorum for transacting any business required by this act.

SECTION 14. The directors, before they execute any of the duties of their offices, except choosing a president, shall severally take an oath or affirmation, that they will faithfully, diligently, honestly and impartially perform the duties of their respective offices, according to the best of their skill and abilities.

rance prohib.

d

SECTION 15. If any insurance shall subsist in said Double insucompany, and at or in any other office of insurance, or from any other person or persons, against loss by fire, at the same time, the said insurance made by companies, established under this act, shall be deemed and become absolutely void, unless such double insurance subsist with the consent and approbation of these companies. Approved December 27, 1837.

No. 14,

AN ACT to incorporate the Beloit seminary, in Rock county. SECTION 1. Be it enacted by the council and house of representatives of the territory of Wisconsin, That there shall be established, at Beloit, in Rock county, a sem

Style and powers of the

inary of learning, for the instruction of young persons of either sex, in science and literature, to be called the Beloit seminary, and that Charles Johnson, William incorporation. H. H. Bailey, George J. Goodhue, Henry F. Janes, S. H. Moore, Caleb Blodget, and A. L. Field, and their associates, be, and they are hereby created, a body corporate and politic, by the name and style of "the Befoit seminary;" by which name they shall have perpetual succession, and power to acquire, purchase, receive, possess, hold, retain, and enjoy, to themselves and their successors, property real, personal and mixed; and the same to sell, grant, convey, rent, or otherwise dispose of, at pleasure; and they shall, by said corporate name, have power to contract and be contracted with, sue and be sued, plead and be impleaded, in all courts of justice; and they shall have and use a common seal, with power to alter the same, as they may deem expedient.

Shares transferable.

SECTION 2. That the stock of said academy shall consist of shares, of ten dollars each, which shall be deemed personal property, and shall be transferable, on the books of said corporation, in such manner, as may be prescribed by the board of trustees hereinafter Income limited. mentioned: provided, that the annual income of said corporation, aside from the bills of tuition, shall never exceed the sum of one thousand dollars; and that its funds, privileges and immunities, shall be used for no other purpose than that of education.

Concerns man

trustees.

How elected.

SECTION 3. The corporate concerns of said academy, aged by seven shall be managed by a board of trustees, consisting of seven members, any five of whom shall constitute a quorum for the transacting of business. They shall be elected by the stockholders, on the first Monday in April annually, and shall hold their offices for the term of one year, and until their successors are elected. The election of trustees shall be by ballot, and each stockholder shall be entitled to one vote, for every share by him owned, to the amount of ten shares; and then to one vote for every five shares, over and above that amount. Any stockholder may vote in person or by proxy; said trustees shall elect one of their number to be president of the board, and they shall have power to fill all vacancies in their own body. If any election shall not be made on the day designated by this act, such election may be held on any other day:

provided, a notice of the time and place of holding such election, signed by three of the stockholders, be first published for two successive weeks, in some news. paper, printed in said town of Beloit, or some adjoining county.

ees.

SECTION 4. The board of trustees shall have power Power of trustto appoint subordinate officers and agents; to make, ordain and establish all such ordinances, by-laws, rules and regulations as they may deem necessary, for the good government of said academy, its officers and servants, teachers and pupils, and for the management of the property and affairs of the said corporation, to the best advantage: provided, they shall not contravene the constitution of the United States, or the laws of this territory.

of conveyance

SECTION 5. That all deeds and other instruments Instruments of conveyance, shall be made by order of the trustees, how executed. sealed with the seal of said corporation, signed by the president, and be by him acknowledged in his official capacity, in order to ensure their validity.

SECTION 6. That any future legislature shall have power to alter or amend this act.

SECTION 7. Be it further enacted, That said corporation shall have power to increase the members of their board of trustees to nine, whenever they may deem it expedient.

Approved Dec. 27, 1837.

No. 15.

AN ACT to locate and establish a territorial road east of the Mississippi river.

SECTION 1. Be it enacted by the council and house of representatives of the territory of Wisconsin, That John Moor, John Nanmeter, Andrew Cline, Thomas Chilton and Robert C. Hoard, be, and they are hereby appointed commissioners, to make and lay out a territorial road, commencing at the nothern boundary line General location of the state of Illinois, in town one north, range nine of the road. east; thence on the nearest and best route to New Mexico; thence on the nearest and best route to Wiota; thence on the nearest and best route to TER. LAWS-11.

When laid out.

How laid out.

And recorded.

Mineral Point; thence on the nearest and best route to Belmont; thence on the nearest and best route to Mississippi city.

SECTION 2. Be it further enacted, That the commissioners aforesaid, or any three of them, shall meet at the town of Mineral Point, on the first Monday in May next, for the purpose of proceeding to the discharge of their duties, as aforesaid; and may adjourn from time to time, and from place to place, as a majority of them may agree and determing. And in case they shall fail to meet at the time and place aforesaid, or at any other time and place, to which they may have adjourned, then the sheriff of the county of Iowa is authorized, and he is hereby required, on the appli cation of any one of said commissioners, either written or verbal, to notify in writing, the said commissioners, of another day to be by him appointed, and request their attendance, on such day, at the place aforesaid.

SECTION 3. Be it further enacted, That the commis sioners, or a majority of them, shall make the said road, by them located, by placing stakes in the prairie at a reasonable distance apart, and by blazing trees in the timber, and they shall make out true and correct plots, and field notes, of said road, and, within one month from the completion of the same, file a copy thereof in the office of the clerk of the board of commissioners of each county through which the said road may pass. And the clerks, in whose office said plots are filed, shall record and preserve the same; and said road, when so laid out shall be made and kept in repair, as county roads are, and shall be forever a public highway.

SECTION 4. Be it further enacted, That the said commissioners be allowed the sum of three dollars per day and shall, after completing their duties, as aforesaid, make out under oath, a true and correct account, agreeably to the number of days actually engaged therein. And the board of supervisors, or county commissioners, as the case may be, of the several counties, against whom the said accounts be made, shall audit and settle the same.

SECTION 5. Be it further enacted, That the commis sioners aforesaid, before they enter upon the duties assigned them by this act, shall take an oath before

some judge or justice, well truly, to the best of their abilities, to perform the duties required of them by this act.

Approved, Dec. 30, 1837.

No. 16.

AN ACT to locate and establish a territorial road from the town of White Oak Spring, in Iowa county, to the Blue Mounds, in Dane county.

SECTION 1. Be it enacted by the council and house of General locati representatives of the territory of Wisconsin, That John of road. W. Box, Jamison Hamilton, John Ray, John Vanmeter and George W. Hickox, be, and they are hereby appointed commissioners, to mark and establish a territorial road from the town of White Oak Springs, in the county of Iowa, on the nearest and best route to Jamison Hamilton's, on the Picketonica; thence on the nearest and best route to the Blue Mounds, in the county of Dane.

laid out.

SECTION 2. The commissioners aforesaid, or a ma- When and how jority of them, shall meet at the town of White Oak Springs, on the first Monday in April next, and proceed to mark and establish said road, by blazing the trees in the timber, and setting stakes at a convenient distance in the prairie. And within three months after the location of said road, said commissioners shall make out a correct plat of said road, from minutes by them kept for that purpose, and file one copy thereof in the office of the clerk of the district court of each county, through which said road passes, to be by said clerk recorded and preserved.

SECTION 3. The commissioners aforesaid, shall receive as compensation, three dollars each per day, and shall make out, under oath, a true and correct account of their time, charging each county through which said road may pass according to the time actually employed therein, and the county commissioners shall audit and settle the same.

SECTION 4. Be it further enacted, That Joshua Lateral road. Bayly, Robert C. Hoard and. John Loofburrow, be, and they are hereby appointed commissioners to mark

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