(1).

To relieve congested sections by providing housing facilities suitable to the needs of such city;

(2). To provide garden suburbs at reasonable cost to the residents of such city.

(3). To establish city owned vacation camps for school children and minors up to twenty years of age, such camp to be equipped to give academic and vocational opportunities, including physical training.

2. *** After the establishment, layout and completion of such improvements such city may convey or lease any such real estate thus acquired and not necessary for such improvements, with reservations concerning the future use and occupation of such real estate, so as to protect such public works, and improvements, and their environs, and to preserve the view, appearance, light. air and usefulness of such public works, and to promote the public health and welfare.

Section 959—17j. 1. It is hereby declared and the acquisition and conveyance of lands for the purposes as provided in the preceding section constitute a public use, and is for public health and welfare.

2. Such cities may raise the necessary funds to carry out the provisions of sections 959-17a to 959-17p, inclusive, by taxation or by the issuance of bonds in the manner provided by section 943 of the statutes.

Zoning of city. Section 959-17n. Every city, whether organized under special or general law, is hereby authorized to regulate and restrict the location of trades and industries and the location of buildings designed for specified uses, and to establish districts of such number, shape and area as such city may deem best suited to carry out the purposes of this section. For each such district regulations may be imposed designating the trades or industries that shall be excluded or subjected to special regulations and designating the uses for which buildings may or may not be erected or altered. If such city has a city plan commission organized as provided by law, such commission shall, upon request from the common council recommend boundaries of such districts and appropriate regulations and restrictions to be imposed therein. The city plan commission shall first formulate a tentative report and shall hold public hearings thereon before submitting a final report to the common council. After such final report is submitted to the common council, the council may from time to time alter, supplement or change the boundaries or regulations contained in such final report, provided, that not less than ten days' notice of any such proposed changes shall first be published in the official newspapers for publication in such city, and a hearing be granted to any persons interested at a time and place to be specified in the notice. Each such notice shall be published at least three times during the ten days prior to the date of hearing. In case a protest against a proposed amendment, supplement, or change be presented, duly signed and acknowledged by the owners of twenty per centum or more of the frontage proposed to be altered, or by the owners of twenty per centum of the frontage immediately in the rear thereof, or by the owners of twenty per centum of the frontage directly opposite the frontage proposed to be altered, such amendment shall not be passed except by a three-fourths vote of the council. Such districts and regulations shall be prescribed by ordinances which shall be designed to promote the public health, safety and general welfare. Such ordinances shall not prohibit the continuance of the

use of any building or premises for any trade or industry for which such buildings or premises are used at the time such ordinances take effect, but such ordinances may prohibit the alteration of, or addition to any existing buildings or structures for the purpose of carrying on any prohibited trade or industry within the district where such building or structures are located. The powers herein granted shall be liberally construed in favor of the city exercising them and this act shall not be construed to limit or repeal any powers now possessed by any such city. In any city of the first class where there is not in existence a city plan commission and until there is such commission, the board of public land commissioners, if there be such board, shall be vested with the powers given to the city plan commission by this section. In any other city where there is not in existence a city plan commission and until there is such commission the common council may appoint a committee which shall be vested with the powers given to the city plan commission by this section. Height and bulk of buildings. Section 959-17p. Every city, whether organized under special or general law, is hereby authorized to regulate and limit the height and bulk of buildings hereafter erected, and to regulate and determine the area of yards, courts and other open spaces, and to establish districts of such number, shape and area as it may deem best suited to carry out the purpose of this section. The regulations as to the height and bulk of buildings, and the area of yards, courts and other open spaces shall be uniform for each class of buildings throughout each district. The regulations in one or more districts may differ from those in other districts. Such regulations shall be designed to secure safety from fire and other dangers, and to promote the public health and welfare, including so far as conditions may permit, provision for adequate light, air, and convenience of access. If such city has a city plan commission organized as provided by law, such commission shall, upon request from the common council, recommend boundaries of such districts and appropriate regulations and restrictions to be imposed therein. The city plan commission shall first formulate a tentative report and shall hold public hearings thereon before submitting a final report to the common council, the council may from time to time alter, supplement or change the boundaries or regulations contained in such final report, provided that not less than ten days' notice of any such proposed changes shall first be published in the official newspapers for publications in such city, and a hearing be granted to any persons interested at a time and place to be specified in the notice. Each such notice shall be published at least three times during the ten days prior to the date of hearing. In case a protest against a proposed amendment, supplement, or change be presented. duly signed and acknowledged by the owners of twenty per centum or more of the frontage proposed to be altered, or by the owners of twenty per centum of the frontage immediately in the rear thereof, or by the owners of twenty per centum of the frontage directly opposite the frontage proposed to be altered, such amendment shall not be passed except by a three-fourths vote of the council. Such districts and regulations shall be prescribed by ordinance which shall be designed to promote the public health, safety, and general welfare. The powers here'n granted shall be liberally construed in favor of the city exercising them, and this act shall not be construed to limit or repeal any powers now possessed by any such city. In any city of the first class where there is not in existence a city plan commission and until there is such commission,

the board of public land commissioners, if there by such board, shall be vested with the powers given to the city plan commission by this section. In any other city where there is not in existence a city plan commission and until there is such commission, the common council may appoint a committee which shall be vested with the powers given to the city plan commission by this section.

Co-operative housing associations. Section 1771b. (1) Three or more adult persons, residents of this state, may form a corporation in the manner provided herein for the purpose of acquiring land, platting the same, erecting houses thereon and otherwise improving and developing the same. In order to form such corporation. the persons desiring so to do shall make, sign, acknowledge and file articles of association in the same manner as articles of association of other corporations formed under this chapter are made, signed, acknowledged and filed, and containing the same information except that they shall state that they associate for the purpose of forming a housing corporation under these statutes. The articles of association shall further provide for the issuance of preferred stock by the corporation and for the payment of dividends on such preferred stock out of the profits at a specified rate, before dividends are paid upon such common stock, and for the accumulation of such dividends. No preference shall be given to such preferred stock in the distribution of the corporate assets other than profits. Certificates of preferred stock and common stock shall state on the face thereof all privileges, accorded to and all restrictions imposed on preferred stock.

(2) Such corporation, when formed, shall have the general powers of other corporations, enumerated in section 1748 of the statutes, excepting sub-division 8 thereof and except as herein provided. In addition thereto, said corporation shall have the following powers:

(a) To acquire land and plat the same; laying out streets, lots. playgrounds and such other subdivisions as it may deem best suited to the purposes of said corporation, provided, however, that no plat shall be finally adopted until approved by the public land commission or city planning commission of the city in which the property of such corporation is located, or if such land be located within three miles of a city of the first class, by the public land commission or city planning commission of such city of the first class, if there be a public land commission or city planning commission in such city, and in no event shall said plat be finally adopted until accepted by the common council of the city within which such land is located, or if within three miles of a city of the first class, until accepted by the common council of such city of the first class. No land shall be acquired by the corporation in or within a radius of three miles from the boundary of a city having a health department or health officer, unless and until the location of such land has been approved by said health department or health officer, as a healthful location.

(b) To erect dwellings on land owned by it and to otherwise improve and develop said land as may be desirable for residential districts provided, however, that no single dwelling shall be erected the cost of which shall exceed five thousand dollars, and provided further that in the erection of dwellings sufficient ground space must be provided to furnish adequate air and l'ght to the tenants thereof. (c) To lease for indefinite periods parcels of land owned by it together with improvements thereon, at terms fixed by the corportion and not inconsistent with the provisions of this section.

(d) To do all such other things as are reasonably necessary and proper to carry out the powers of said corporation, not inconsistent with the provisions of this section.

3. No lands shall be sold by the corporation, except for the purposes of disposing of land not necessary or desirable for the purposes of the corporation, and then only by vote of the holders of three-fourths of the stock of the corporation then outstanding. Nothing herein shall be construed as preventing the sale of said land in proceedings to wind up the corporation or in foreclosure of mortgages or other liens thereon.

4. No lease of any land or of the buildings thereon shall be made except to a stockholder of the corporation for the use of such stockholder, and no tenant shall hold stock of the corporation beyond the value of the premises occupied by him. Provided that leases for an indefinite period may be made to American soldiers, sailors, or marines in the war with Germany and the entente, who are not stockholders of the corporation. Provided, further, that the corporation may lease land to the city or county for some use consistent with the residential district, or to a private individual or association of the corporation, for a use beneficial to the tenants of said land. No lease shall be terminated by the corporation without the consent of the lessee, except for violation of the terms of the lease, and then only in accordance with the laws relating to the termination of tenancies by landlords. A lease may be terminated at any time by a tenant, except that the corporation may require not to exceed ninety days' notice thereof. At the termination of a lease of a stockholder, the corporation shall cancel the stock of such stockholder and shall be liable to the stockholder for the amount paid thereon, less any lawful claims of the corporation against said stockholder. If the corporation is unable to sell said stock at the termination of the lease, it shall give to the holder thereof in lieu of said stock its promissory note for the amount due such stockholder, payable on or before one year from the date thereof, with interest at the rate of five per cent per annum. Such stock shall be sold for not less than par before any unissued stock is sold, and as soon as sold, there shall be paid to the former owner thereof the amount due him, from the corporation; provided the directors of the corporation may direct payment of the amount due either at the time of the termination of the lease or at any other time before the expiration of said year, whether said stock has been sold or not.

5. Stock may be issued and leases made to the tenant and his wife or to the survivor of them, in which event title thereto shall descend the same as in like conveyances of real property; otherwise title to the stock and lease shall descend to the persons to whom a homestead of such stockholder would descend. The interest of a tenant in such lease and stock shall be exempt from execution to the same extent as a homestead in real estate.

6. Stock shall be sold upon such terms and conditions as may be provided in the articles of association or by-laws of the corporation, provided that no such corporation shall issue any stock or certificate of stock, except in consideration of money or of labor or property, estimated at ts true money value, actually received by it equal to the par value thereof. No dividends shall be declared thereon until a fund shall have been created equal to two per cent of the authorized capital of the corporation, nor shall any dividends ever be declared which will impair the capital or such surplus, and no dividend shall be paid in any year to a stockholder

not a tenant of the corporation exceeding five per cent of the par value of the stock held by him. There shall also be set aside each and every year in which a profit is made, ten per cent of such profits for the purpose of retiring preferred stock of the corporation.

7. The common council of any city and the board of supervisors of any county may, by resolution duly passed, subscribe for preferred stock of any such corporation the land owned by which or to be acquired by which shall be within the limits of such city or county.

8. The holders of stock, either common or preferred, shall be entitled to one vote for each share of stock held by them, as shown by the books of the company. If the city or county shall be the holder of any stock of such corporation, the common council of the city and the board of supervisors of the county shall designate some person who shall vote the shares held by them.

9. The directors of such corporation shall receive no compensation until the surplus fund of two per cent of the capital has been set aside and unt'l the dividends on preferred stock have been paid, and at no time shall the compensation of the board of directors exceed five hundred dollars each per annum.

10. When the land shall have been platted, the directors of the corporation shall fix the value of the several lots and parcels of land to be used for residential purposes, and thereafter in computing the price to be paid for the rental of said land, a valuation of the lot or parcel of land not exceeding that placed thereon shall be used.