TOWN OF SKOWHEGAN-MATAGAMON MANUFACTURING CO. 119 CHAP. 98 Chapter 98. An Act to authorize the town of Skowhegan to subscribe to the capital stock of Skowhegan Hall Association. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Skowhegan Town of authorized to Skowhegan subscribe to stock of Hall Section 1. The town of Skowhegan is hereby authorized to subscribe to the capital stock of the Skowhegan Hall Association to an amount not exceeding the sum of thirty thousand dollars, and to make such arrangements as the corporation and the town Association. may mutually agree upon, in relation to the use and occupancy of such part of the building for town purposes as may be convenient to the town. Section 2. This act shall take effect when approved by a majority vote of the legal voters of the town of Skowhegan at its annual town meeting in March in the year one thousand nine hundred and five, or at a legally called town meeting to be specially called and held for that purpose within ninety days after the approval of this act. Approved February 28, 1905. This act to take effect when approved by if within vote of town, 90 days. Chapter 99. An Act to amend Chapter two hundred seventy-nine of the Private and Special Laws of nineteen hundred and one, entitled "An Act to incorporate the Matagamon Manufacturing Company." Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section 1. Section eight of said chapter two hundred seventy-nine is hereby amended by adding thereto the following: 'Said company is also authorized and empowered to make contracts with either the Penobscot Log Driving Company, the Penobscot East Branch Log Driving Company or the Penobscot River Dam and Improvement Company, for the purpose of building dams, side dams, piers, booms, removing rocks and making other improvements in that part of the main Penobscot river above Greenbush, and that part of the east branch of the Penobscot river between the junction of said east branch with the main Penobscot river and Grand lake dam and that part of the west branch of the Penobscot river between the junction of said west branch with the main Penobscot river and Shad pond, to facilitate the driving of logs and other lumber,' so that said section as amended, shall read as follows: 'Section 8. Said company is further authorized and empowered to make contracts with other corporations and with the Section 8, private and chapter 279, special laws, 1901, amended. May make supplying contracts for CHAP. 100 water, light, heat or power. -may make contracts with certain inhabitants of any city, town or village corporation which now or hereafter may exist for the purpose of supplying water, light, heat or power as contemplated by this act and any other corporation, and the inhabitants of any city, town or village corporation are hereby authorized to enter into contracts with said company for the supplying of water, light, heat or power for a term of years. Said company is also authorized and empowered. corporations. to make contracts with either the Penobscot Log Driving Company, the Penobscot East Branch Log Driving Company or the Penobscot River Dam and Improvement Company, for the pur-for building pose of building dams, side dams, piers, booms, removing rocks and making other improvements in that part of the main Penobscot river above Greenbush and that part of the east branch of the Penobscot river between the junction of said east branch with the main Penobscot river and Grand lake dam and that part of the west branch of the Penobscot river between the junction of said west branch with the main Penobscot river and Shad pond, to facilitate the driving of logs and other lumber.' Section 2. This act shall take effect when approved. dams, etc. Approved February 28, 1905. Skowhegan Association Chapter 100. An Act to authorize Skowhegan Hall Association to issue preferred stock, Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section I. The Skowhegan Hall Association is authorized. to issue its preferred stock at such times, for such amounts, with such rates of dividend, and upon such terms and conditions, as a majority of the stockholders present at meetings legally called therefor, may from time to time direct; but all said issues shall exceed $50,000. not exceed in the whole the sum of fifty thousand dollars. -not to Rights of holders of common stock in shares of preferred stock issued. Section 2. Every holder of the common stock of the Skowhegan Hall Association shall have the right to take for himself, or his assigns, the same share of any preferred stock which may at any time be issued, which his own common stock bears to the whole common stock of the corporation, at the prices at which said preferred stock may be sold, and before any preferred stock is issued, the directors of the corporation shall make reasonable provision securing the right guaranteed by this section, and providing in the usual manner negotiable certificates for fractional rights. Section 3. This act shall take effect when approved. Approved February 28, 1905. CHAP. 101 Chapter 101. An Act to extend the rights, powers and privileges of the Brownville and Be it enacted by the Senate and House of Representatives in Brownville and Water charter Section 1. The rights, powers and privileges of the Brownville and Williamsburg Water Company which were granted av Williamsburg by chapter one hundred and ninety-nine of the private and Company, special laws of the year nineteen hundred and three, are hereby extended. extended for and during the period of two years from March eighteen, nineteen hundred and five, and all the rights, powers and privileges that were granted by said act may and shall be exercised in the same manner and for the same purposes as proIvided in said act. Section 2. This act shall take effect when approved. Approved February 28, 1905. Chapter 102. An Act authorizing the Crosby Mercantile Company and the Crosby Lumber Company to consolidate. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Mercantile Crosby Crosby Company consolidate. -corporate name. stock. Consolidation how effected. Section I. The Crosby Mercantile Company and the Crosby Lumber Company, both of Fairfield in the county of Somerset, corporations organized under the general law, are hereby authorized to consolidate under the name of the Crosby Mercantile Company, with capital stock not exceeding one hundred thousand dollars, the amount to be fixed by vote of the stockholders of said Crosby Mercantile Company after such consolidation. capital Section 2. Such consolidation may be effected by unanimous vote of the stockholders of both said corporations at meetings duly called for that purpose in accordance with their respective by-laws. Section 3. Such Crosby Lumber Company, by such vote, Terms of sale may sell and convey to said Crosby Mercantile Company, all its and payment. property, real, personal and mixed, taking in payment therefor, to be divided among its stockholders, such an amount of capital stock in said Crosby Mercantile Company as may be agreed upon by unanimous vote of the stockholders of both said corporations. Section 4. Said Crosby Mercantile Company shall thereupon succeed to all the property, rights and privileges owned and acquired by both said corporations. Section 5. This act shall take effect when approved. City of Bangor authorized to refund maturing bonds. -rate of interest. -bonds shall bear seal of city, and be signed by mayor and treasurer. Chapter 103. An Act to authorize the city of Bangor to issue new bonds to retire maturing bonds. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section 1. To meet its bonds now outstanding and maturing, July first, nineteen hundred and five, the city of Bangor is authorized to issue bonds to an amount not exceeding five hundred thousand dollars, payable at a period or periods, and in such manner as shall be determined by vote of the city council of the said city of Bangor, said bonds to bear interest at a rate not exceeding four per cent per annum, payable semi-annually. Said bonds shall be issued under the seal of the city of Bangor, and shall be signed by the mayor and treasurer of the city, and the coupons attached to said bonds shall have the printed or lithographed signature of the city treasurer. Section 2. This act shall take effect when approved. Mattanawcook Manufactur ing Company, charter extended. Chapter 104. An Act to extend the charter of the Mattanawcook Manufacturing Com pany. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section I. The rights, powers and privileges of the Mattanawcook Manufacturing Company, which were granted by chapter two hundred and eighty of the private and special laws of nineteen hundred and one, are hereby extended, and the persons named in said act, their associates, successors and assigns, shall have all the rights, powers and privilege that were granted them by said act, to be exercised in the same manner and for the same purposes as specified in said act. Section 2. This act shall take effect when approved. Approved February 28, 1905. CHAP. 105 Chapter 105. An Act to continue in force the charter of the Van Buren Trust Company. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Trust Section 1. Chapter two hundred and seventy-six of the pri- Van Buren vate and special laws of eighteen hundred and ninety-five, Company, entitled "An Act to incorporate the Van Buren Trust and Bank- extended. ing Company," as amended by chapter one hundred and thirtyone of the private and special laws of eighteen hundred and ninety-nine, as extended by chapter three hundred and thirtyseven of the private and special laws of nineteen hundred and one, is hereby continued in force, and the persons named in said act as amended and as further amended and continued in force by chapter one hundred and four of the private and special laws of nineteen hundred and three, is again extended, and the persons named in said act as amended and their associates are hereby given a period of two years from the date of the approval of this act in which to organize and commence business. Section 2. This act shall take effect when approved. Approved February 28, 1905. Chapter 106. An Act relating to the Pine Grove Cemetery of Falmouth, Maine. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: made valid. Section I. The Pine Grove Cemetery, a corporation organ- Organization ized under the laws of this state, and located at Falmouth, in the county of Cumberland, which organization is hereby ratified, confirmed and declared to be legal and valid, is authorized and empowered for the purposes of its organization, to receive, take and hold, by deed, devise, bequest, or otherwise, whether heretofore or hereafter made, property, personal or real, to the amount of fifty thousand dollars. authorized and personal to hold real property. receiving tomb, purchase Section 2. Said corporation is authorized and empowered to May erect erect and maintain a receiving tomb, purchase and maintain a hearse, and do any similar act that may from time to time be hearse, etc. determined upon by vote of the corporation. Section 3. Said corporation is authorized and empowered to enter into contracts with the owners of lots, and other persons, to receive moneys for the purpose of providing for the grading and perpetual care of lots in said cemetery, or those May contract care of lots. for perpetual |