44 LAWS RELATING TO AGRICULTURE. 



taken from said parent or other person having control or possession 

 thereof, said probate judge shall make an order conferring upon the 

 general agent of said society the powers of a guardian as to such child : 

 [Guardian to provide home for child.] And, as such guardian, 

 said general agent may, with the approval of the probate judge, provide 

 a suitable home for such child until said child reaches the age of ma- 

 jority or until such time as the probate judge may be satisfied that the 

 parent or parents of said child are in a position to properly provide and 

 care for said child. ^ 



FARM LABORERS' ASSOCIATIONS. 



SEC. 3843. [Farm laborers' association.] No association incor- 

 porated for the purpose of promoting the interests of agriculture, and 

 for the relief of distressed farm laborers, or their widows and orphans, 

 whether such widows and orphans are members of such association or 

 not, and for any other charitable purpose, shall take or hold any real 

 estate, except such as may be actually occupied in the exercise of its legi- 

 timate business, and such as it may acquire in security for or satisfaction 

 <j{ debts justly due it; but real estate so occupied shall not in any case 

 exceed in value the sum of fifty thousand dollars. 



SEC. 3844. [What investment it may make.] Such associations 

 shall, after paying their expenses, invest their funds exclusively for the 

 purposes mentioned in their articles of incorporation, and may invest 

 the same in mortgages upon real estate, or in county, state, or United 

 States securities ; they may in their articles of incorporation, designate 

 the kinds of securities in which their funds shall be invested, in which 

 case no part thereof shall be invested in securities other than those named 

 therein; but they shall not make any loan to any of their trustees or 

 officers ; and they may take by gift, subscription, purchase, devise, or loan ; 

 "but no loan shall be taken for a less term than three years nor for a 

 greater term than twenty years, nor to an amount exceeding one hundred 

 thousand dollars, nor at a rate of interest greater than four per centum, 

 payable semi-annually. 



SEC. 3845. [Must report to attorney-general.] Every such as- 

 sociation shall make, annually, and transmit to the attorney-general, under 

 the signatures of a majority of the trustees, attested by the clerk, a full 

 and true statement of its condition and affairs ; and for any wilful neg- 

 lect to make such report within one month after its annual meeting, the 

 attorney-general may proceed against such association for the forfeiture 

 of its charter for such neglect. 



SEC. 3846. [Consolidation of two associations.] Any unincor- 

 porated association or society organized for any purpose named in sec- 

 tion thirty-eight hundred and forty-three may be consolidated with an 

 association incorporated for a purpose named therein, by a resolution of 

 each, adopted by not less than two-thirds of its members, at a meeting 

 called for that purpose; such resolutions, and the votes thereon, shall 

 be recorded by the clerk of the corporate association, and the consolidated 

 association shall thereupon assume the name or title of the corporate as- 

 sociation, and be entitled to all its privileges ; but the members of the 

 consolidated association shall not be liable for the debts or obligations of 

 the unincorporated association or society. 



SEC. 3847. [Attorney-general to report annually.] The attor- 

 ney-general shall, annually, report to the general assembly, in a condensed 



