CERTIFICATE OF AUTHENTICATION.

STATE OF UTAH,

Office of the Secretary of State.

I, JAMES T. HAMMOND, Secretary of State of the

State of Utah, do hereby certify:

That the acts and resolutions published in this volume, beginning on page 17 and ending on page 165, are full, true and correct copies of the originals passed at the third regular session of the legislature of the state of Utah (1899), as the same appear on file in this office:

That each act which the legislature directed should take effect prior to the time designated in the constitution, received the vote of two-thirds of all members elected to each house, excepting chapters Nos. 22, 27, 30, 34, 35, 36, 44, 48, and 70, which acts failed to receive a two-thirds vote of all members elected to each house;

That chapter 56 was officially published on the 9th day of May, 1899;

That all other acts and resolutions published in this volume were officially published on the 1st day of June, 1899;

That the third regular session of the legislature of the state of Utah adjourned sine die on the 9th day of March, A. D. 1899.

GREAT SEAL

OF THE
STATE OF

IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the Great Seal of the State of Utah.

Done at my office this 1st day of June, A. D.

UTAH.

1899.

JAMES T. HAMMOND,

Secretary of State.

LAWP

OF

THE STATE OF UTAH.

PASSED AT THE THIRD REGULAR SESSION OF THE
LEGISLATURE, 1899.

CHAPTER 1.

RAILROAD CORPORATIONS.

AN ACT to Amend Section 433, Chapter 7, Title 11, of the Revised Statutes of Utah of 1898, Providing for Formation and Powers of Railroad Corporations.

Be it enacted by the Legislature of the State of Utah:

SECTION 1. That section 433, chapter 7, title 11, of the Revised Statutes of Utah, be amended so as to read as follows:

433. May be Formed to Buy Other Railroads. Exception. Railroad corporations may be formed pursuant to the laws of this state for the purpose of buying, owning, maintaining, operating, and further extending the railroad, rights, property, and franchises of any railroad corporation or corporations whose lines of railroad are situated within or partly within and partly without this state, which shall have been or may be sold under judicial proceedings or in the enforcement of mortgage liens, or at private sale; and such purchasing corporation shall be entitled to exercise and enjoy all the powers, rights, privileges, and franchises which, at the time of sale, belonged to or were vested in the corporation or corporations last owning the property sold, not inconsistent with the laws and constitution of this state, as well as all rights, privileges, and franchises conferred upon it under its articles of incorporation. Railroad corporations organized under the laws of Utah shall have power to purchase or otherwise lawfully acquire the capital stock or any part of the capital stock of any other railroad corporation, whose lines are or may be

within this state, or partly within and partly without the same; provided, that this privilege shall not be construed to permit the purchase of any part of the capital stock of any corporation owning a parallel or competitive line. And any railroad corporation organized under the laws of this state that shall have heretofore increased, or shall hereafter increase the amount of the capital stock specified in its original or amended articles of association may receive subscriptions for such increase of stock on such terms as the board of directors or a majority of the stockholders shall authorize, payable in shares of the capital stock of any other railroad corporation of this or any other state whose railroad shall be connected with or constitute a branch or extension or auxiliary line of the railroad of the corporation issuing such stock, but shall not be parallel or competitive therewith; provided, that the stock of such other corporation to be received in payment and exchange for the stock so subscribed for shall be of a par value at least equal to the par amount of the stock subscribed for, or of an actual or market value equal in the opinion of the board of directors to that of the stock so subscribed for and issued, and such stock so issued shall for all purposes be deemed fully paid and non-assessable.

Sec. 2. This act shall take effect upon approval.
Approved January 17, 1899.

CHAPTER 2.

CONTINGENT EXPENSES OF THE LEGISLATURE.

AN ACT to Provide for the Payment of Regular and Contingent Expenses of the Third Session of the Legislature of the State of Utah.

Be it enacted by the Legislature of the State of Utah:

SECTION 1. Appropriation to Defray Expenses of the Legislature. That the sum of twenty-five thousand dollars or so much thereof as may be necessary be and the same is hereby appropriated out of the funds of the state treasury for the purpose of defraying the regular and contingent expenses of the third session of the legislature: and the state auditor shall draw his warrant on the treasurer for such money, or any portion thereof, upon the request, in writing of the president and secretary of the senate, and the speaker and chief clerk of the house of representatives.

Sec. 2. This act shall take effect upon approval.
Approved January 19, 1899.