SEC. 13. The fees for notifying the clerk shall be twenty-five cents, for each advertisement twenty-five cents, for recording the notice ten cents, for appointing appraisers twenty-five cents, for receiving and recording the appraisal twenty-five cents, for adjusting the charges and expenses twenty-five cents.

SECTION

CHAPTER 146.

OF THE SURVEY OF THE COAST OF NEW HAMPSHIRE.

IDENTICAL WITH

Chapter 337, Laws of 1846.

1. Persons in service of the United States

SECTION

3.

may enter upon lands in this State 4.
to erect stations, &c.

2. Question of damages, how settled.

Persons entering may make tender. Penalty for injuring or removing monuments, &c.

SECTION 1. Any person employed under and by virtue of an act of the congress of the United States, passed the 10th day of February, one thousand eight hundred and seven, and the supplements thereto, may enter upon lands within this State for the purpose of exploring, surveying, triangulating, levelling, or doing any other act which may be necessary to effect the objects of said acts, and may erect any works, buildings, stations or appendages requisite for that purpose, doing no unnecessary damage thereby.

SEC. 2. If the parties interested cannot agree upon the amount to be paid for the damages caused by doing any of the acts aforesaid, either of them may petition the court of common pleas for the county in which the land entered upon is situated, for an assessment of said damages, who shall refer the same to the road commissioners for such county, who shall hear the parties and make report, as in the case of assessing damages for land taken for highways, upon which the court shall render judgment as in other cases: provided, that either of the parties dissatisfied with the amount of damages so assessed may appeal to the court of common pleas next to be holden in said county and not afterwards, and thereupon said court shall assess the damages of such party by a jury.

SEC. 3. The person so entering upon land as aforesaid may tender to the party injured sufficient amends therefor; and if the damages finally assessed shall not exceed the amount so tendered, the person so entering shall recover his costs, and in all cases the party prevailing shall recover his costs.

SEC. 4. If any person shall wilfully deface, injure or remove

any signals, monuments, buildings or any appendage thereto, used or constructed under and by virtue of the acts of congress aforesaid, he shall forfeit the sum of fifty dollars for each offence, to be recovered by indictment to the use of the party prosecuting, and shall also be liable for all damages sustained by the United States of America, to be recovered in an action on the case in any court of competent jurisdiction.

General provisions respecting corporations.
Of banks and savings banks.

CHAPTER 149.

Of manufacturing corporations.

CHAPTER 150. Of railroad corporations.

CHAPTER 151. Of proprietors of common lands.

CHAPTER 152.

Of voluntary associations.

CHAPTER 153. Of religious societies.

CHAPTER 154. Of fire insurance companies.
CHAPTER 155. Of life insurance.

turns.

22.

HIBITED.

Railroad corporations not to sell stock
less than the value.
par

Sale of stock by owners not to be re

strained.

Any number of shares may be included in one certificate.

OFFICERS AND RECORDS OF CORPORATIONS.

2. Administrators, guardians, their rights 23. Clerk and cashier to be inhabitants

and liabilities.

ACTIONS BY AND AGAINST STOCKHOLDERS.

3. Actions, how brought.

of the State, and to be sworn.

24. Number of directors fixed; cashier

not to be director.

4. Demand of payment to be made.

Copies of records to be furnished.

14. Voting by proxy, authority to be in 36. Legislature may alter, amend or rewriting.

peal charters.

ANNUAL MEETINGS OF CORPORATIONS.

31.

Loss of meeting, how supplied.

32.

Mode of calling new meeting.

Annual meeting may be changed.

SECTION 1.

PRIVATE LIABILITY OF STOCKHOLDERS.

All corporations, having for their object a dividend of profits among their stockholders, hereafter incorporated, or whose charters are subject by law to alteration, amendment or

repeal, shall be governed by the provisions and subject to the liabilities in this act (Sec. 1, 7, 14 and 35 of this chap., and sec. 61 of chap. 148 of this compilation) contained; and the stockholders and officers thereof shall be personally liable for the debts and civil liabilities of such corporations in the following cases, and not otherwise :

1. They shall jointly and severally be liable for all debts and contracts of such corporations, until the whole amount of the capital, fixed and limited by such corporation, shall have been paid in, and a certificate thereof shall have been made and recorded by the clerk of the town where such corporation has its place of business, or is situated. And no note or obligation given by any stockholder, whether secured by pledge or otherwise, shall be considered as payment of any part of the capital stock:

2. If, upon the reduction of the capital stock of any corporation, any part thereof shall be withdrawn and refunded to the stockholders, before the payment of all the debts of the corporation contracted previously to the recording of the copy of a vote for that purpose in the office of the clerk of the town in which said corporation is located or has its place of business, such of the stockholders as shall actually vote for or receive their share of the capital stock so withdrawn or refunded, shall be jointly and severally liable for the payment of said last mentioned debts:

3. Every such company shall give notice annually, in the month of May, to the governor, of the amount of all the assessments voted by the company and actually paid in; the amount of all debts due to and from said corporation; and the value of all the property and assets of said corporation, so far as the same can be ascertained, as existing on the first day of said May; which notice shall be signed by the president and a majority of the directors. And if any such corporations shall fail so to do, all the stockholders of said corporation shall be jointly and severally liable for all the debts of the corporation then existing, and for all that shall be contracted before and until such notice shall be given:

4. If the directors of any such corporation shall declare and pay any dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corporation then existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office; provided that the amount for which they shall be so liable shall not exceed the amount of such dividend; and that if any of the directors shall be absent at the time of making such dividend, or shall object thereto, and file their objection in writing with the clerk of the corporation, who shall record the same, they shall be exempted from the said liability.

5. No loan of money shall be made by any such corporation, other than banks, to stockholders therein; and if any such loan shall be made to a stockholder, the officers who shall make it, or

who shall assent thereto, shall be jointly and severally liable to the extent of such loan and interest, for all the debts of the corporation contracted before the payment of the sum so loaned.

6. The whole amount of the debts of any corporation aforesaid, other than banks, shall not exceed the amount of one half of its stock actually paid in, and of its other property and assets; and the whole amount of bills in circulation of any banking corporation shall not at any one time exceed the capital stock of such bank actually paid in; and in case of any excess, the directors under whose administration it shall happen shall be jointly and severally liable to the extent of such excess, for all debts of the corporation then existing, and for all that shall be contracted so long as they shall respectively continue in office, and until the debts and circulation of said corporations respectively shall be reduced to the amount herein prescribed. Provided that any of the directors who shall be absent at the time of the contracting of any debt contrary to the foregoing provisions, or who shall object thereto, may exempt themselves from said liability by forthwith giving notice of the fact to the stockholders, at a meeting which they may call for that purpose.

7. If any certificate, return or notice, made or given in pursuance of the provisions of this section, shall be false in any material representation, all the officers who shall have signed the same, knowing it to be false, shall be jointly and severally liable for all the debts of the corporation contracted while they were in office, or stockholders therein. (Laws of 1846, chap. 321, sec. 2.)

SEC. 2. No person holding stock as executor, administrator, guardian or trustee as aforesaid, and no person holding such stock as collateral security, shall be personally subject to any liabilities as a stockholder of such corporation; but the person pledging such stock shall be liable as a stockholder, and the estate and funds in the hands of such executor, administrator, guardian or trustee shall be liable in his hands in like manner, to the same extent as the deceased testator or intestate, or the ward or the person interested in such trust fund would have been if he had been living and competent to act, and had held the same stock in his own name. (R. S., chap. 146, sec. 22.)

ACTIONS BY AND AGAINST STOCKHOLDers.

SEC. 3. Proper actions of debt or assumpsit, for the collection of such debts or liabilities, may be commenced and prosecuted against any one or more of said stockholders, and such actions shall not be abated for the reason that 'the other stockholders are not joined as defendants in such suits. (R. S., chap. 146, sec. 2.)

SEC. 4. No suit against any stockholder for the collection of any such debt or liability shall be commenced until after a legal demand of payment thereof shall have been made upon the company; and upon such demand being made, if the officers or