Securities: disposal of; application of proceeds. mortgage or pledge of any or all of its real or personal estate or franchises or income. Said securities may be expressed in how expressed; dollars or in the currency of the country where disposed of, and may be disposed of upon such terms and at such prices as may be agreed upon between the respective parties not inconsistent with the laws of this state. The proceeds of sale of such securities shall be applied only as now required by Street railroads law; provided, that nothing in this section or in the sections of the Revised Statutes relating to railroad companies, prior to section thirty-four hundred and thirty-seven, other than in sections thirty-two hundred and eighty-seven, thirty-two hundred and eighty-eight, and thirty-two hundred and eightynine shall be construed as affecting street railroads. not affected. SECTION 2. That said section 3309a, as amended April 11th, 1890, be and the same is hereby repealed. SECTION 3. This act shall take effect and be in force from and after its passage. LEWIS C. LAYLIN, Speaker of the House of Representatives. President of the Senate.. Passed March 10, 1892. 74G Frauds: Penalty for unlawfully wearing badge or button of certain [House Bill No. 100.] AN ACT To amend section 1 of an act entitled "An act to prevent any person from unlawfully using or wearing the badge of the grand army of the republic, union veterans' union, sons of veterans, union veterans' legion, women's relief corps, or any ladies' circle of the grand army of the republic or military order of the loyal legion of the state of Ohio," or other secret societies. SECTION 1. Be it enacted by the General Assembly of the State of Ohio, That the above entitled act, passed February 22d, 1888, be so amended as to read as follows: Sec. 1. That any person who shall wilfully wear the badge or button of the grand army of the republic, union veterans' union, sons of veterans, union veterans' legion, or organizations. military order of the loyal legion, women's relief corps, any ladies' circle of the grand army of the republic, or any labor organization in the state of Ohio, or shall use or wear the same to obtain aid or assistance thereby within this state, unless he shall be entitled to use or wear the same under the rules and regulations of the grand army of the republic, union veterans' union, sons of veterans, union veterans' legion or military order of the loyal legion, women's relief corps, any ladies' circle of the grand army of the republic or any labor organization in the state of Ohio, shall be guilty of a misdemeanor, and upon conviction thereof, shall be fined in any sum not exceeding twenty dollars, or imprisoned for a term not exceeding thirty days, or both, at the discretion of the court. And this act shall be applicable to any known or organized secret society or order. SECTION 2. Said original section 7088-1 is hereby re- Repeals, etc. pealed, and this act shall take effect and be in force from and after its passage. LEWIS C. LAYLIN, Speaker of the House of Representatives. President of the Senate. Passed March 10, 1892. 75G [House Bill No. 287.] AN ACT To amend section 2641 of the Revised Statutes of Ohio. SECTION 1. Be it enacted by the General Assembly of the State Streets: of Ohio, That section 2641 of the Revised Statutes be and said section hereby is amended so as to read as follows: Sec. 2641. In any city of the second class, the council may, by ordinance, require the names of streets to be marked at the corners thereof, and numbers to be legibly placed on buildings by the owners of property abutting on any street, prescribing the style and manner of so marking the names of streets and placing the numbers on buildings and specifying the time within which the same shall be done, which shall not be less than thirty days after the taking effect of the ordinance, and notice of such requirement shall be published in one or more newspapers printed and of general circulation in the city for at least ten days; and in case the owner of any property within the limits specified in the ordinance and notice, fails so to mark the names of the streets or to place the number on any building according to the requirement, the city may have the work done and assess the cost thereof on the lots or lands on which the same are placed and collect the same in the same manner as other assessments; and any such city may provide, by ordinance, a fine and imprisonment or both, to be imposed on any person who wilfully obstructs or interferes with any person employed by the city to place such names or numbers as aforesaid or who tears down, removes or defaces the same. Marking names of streets and buildings in numbers of cities second class. SECTION 2. That section 2641 of the Revised Statutes Repeals. is hereby repealed. SECTION 3. This act shall take effect and be in force from and after its passage. LEWIS C. LAYLIN, Speaker of the House of Representatives. President of the Senate. Passed March 10, 1892. 76G Bonds for ment and other pur poses (Genoa). [House Bill No. 546.] AN ACT To authorize the council of any incorporated village of the state of Ohio, which at the last federal census had, or which at any subsequent federal census may have, a population of not less than 830 nor more than 850, to issue bonds for street improvements and other purposes. SECTION 1. Be it enacted by the General Assembly of the State streetimprove of Ohio, That the council of any incorporated village of the state of Ohio, which at the last federal census had, or which at any subsequent federal census may have, a population of not less than 830 nor more than 850, be and the same is hereby authorized to issue the bonds of said village in any sum not exceeding five thousand dollars ($5,000.00), bearing interest at a rate not exceeding six (6) per cent. per annum from date of issue, payable annually, for the purpose of street improvements, and such other purposes and improvements as the council of said village may by ordinance direct, including the funding of any certificates of indebtedness heretofore issued by said village. Amount; interest. Issue and sale. SECTION 2. Said bonds shall be signed by the mayor of said village and countersigned by the clerk thereof. Said bonds shall be issued in such amounts respectively as will, in the judgment of the council of said village, best subserve the sale thereof, and at such times and in such amounts as may be deemed necessary for the purposes named; said bonds When payable. shall not be sold at less than par value, and the principal shall be payable at such times as the council of said village may determine by ordinance, within a period not exceeding ten years. Tax levy. Regular or special election. Notice. Condition of issue. Ballots. SECTION 3. The council of said village is hereby authorized to levy a sufficient tax to meet any indebtedness incurred by this act. SECTION 4. Before said bonds shall be issued, the question of issuing the same shall be submitted to the qualified voters of said village at a special or regular election, of which due notice shall have been given by posting at least three public notices five days before said election. If sixty per cent. of the votes cast on said proposition at said election are in favor of said issue of bonds, then it shall be lawful to make the same. The tickets for said election shall have written or printed thereon, if the issuing of said bonds is favored, the words "For bonds-Yes;" if opposed, "For bonds-No." To authorize the cities of the fourth grade, second class, having a population at the last federal census of not less than 5,200 nor more than 5,275, or which may have such population at any subsequent federal census, to issue and sell bonds not exceeding twenty thousand dollars in amount, for the purpose of erecting buildings for municipal pur poses. Bonds for municipal Wellsville). building SECTION 1. Be it enacted by the General Assembly of the State of Ohio, That whenever it is desired by the voters of any city of the fourth grade, second class, baving a population at the last federal census of not less than 5,200 nor more than 5,275, or which may have such population at any subsequent federal census, to erect a building for municipal purposes, the council of said city may issue and sell their bonds in amount and denominations such as they may deem necessary for the special purpose in view, but not to exceed an amount of Amount; twenty thousand dollars, and no such bonds shall bear more than six per cent. interest or be sold for less than their par value. interest; sale. SECTION 2. For the payment of bonds issued under the Additional tax preceding section, the council of such city shall levy a tax in levy. addition to the amount otherwise authorized every year during the period the bonds have to run, sufficient in amount each year to pay the bonds falling due within that year and the accruing interest. tion. SECTION 3. Before any bonds are issued or tax levied as General or provided in the next two preceding sections, the question of special eleoissuing the bonds shall be submitted to the voters of such city at a general election or a special election called for the purpose of voting on such question, and two Notice. weeks' notice of the submissions shall be given in one or more newspapers printed therein once a week, stating the amount of bonds to be issued, the purpose for which they are to be issued, and the time and place of hold ing the election, and if two-thirds of those voting at Condition of such election upon the question of issuing the bonds, vote issue. in favor thereof, then and not otherwise the bonds shall be issued, and the tax levied. Those who vote in favor of the Ballots. Contract for building. Proceeds of bonds. How bonds to be executed and sold. proposition shall have written or printed on their ballots, For the issue of bonds-Yes; " and those who vote against the same shall have written or printed on their ballots the words, "For the issue of bonds-No." SECTION 4. If, at such election, two-thirds of those voting upon the question of issuing said bonds, vote in favor thereof, then may said council proceed to contract for the erection of such building, before said bonds are issued and sold, and the provisions of section 2702 of the Revised Statutes of Ohio, requiring the money to be in the treasury before the contract is let, shall not apply to such contract. SECTION 5. When said bonds are issued and sold, the proceeds of the same shall be placed in the city treasury for the purpose for which the said bonds were issued and sold, and shall be used for no other purpose. SECTION 6. Said bonds shall be executed and sold in the manner provided by the statutes of the state of Ohio for issuing and selling other public improvement bonds, and they shall specify the object for which they are issued and sold, and the act of the general assembly of the state of Ohio under which they were authorized. SECTION 7. This act shall take effect and be in force from and after its passage and legal publication. LEWIS C. LAYLIN, Speaker of the House of Representatives. Passed March 11, 1892. 6 78G President pro tem. of the Senate. [House Bill No. 190.] AN ACT To amend and supplement section 3388 of the Revised Statutes, as amended April 4, 1890. SECTION 1. Be it enacted by the General Assembly of the State of Ohio, That section 3388 of the Revised Statutes of Ohio, as amended April 4, 1890, be and is hereby amended and supplemented as follows: Sec. 3388. A stockholder who refuses to convert his stock into the stock of the consolidated company, shall be paid the highest market value of such stock at any time within two years next preceding the time of the making of such agreement for consolidation by the directors, if, previous to such consolidation, he so require; and if a stockholder so refusing to consolidate, and the board of directors of the company desiring to consolidate, can not agree as to the value of such stock, the parties may submit the question to |