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between the words "Bergen" and "into" the words "and Hudson"; and also that the first and fourth sections of said act be further amended by striking out the word "county" and inserting the word "counties."

2. And be it enacted, That this act shall take effect immediately.

Approved March 24, 1868.

Preamble.

gage de

CHAPTER CCXV.

A Supplement to an act entitled "An Act to incorporate the Phoenix Manufacturing Company," passed November eighteenth, eighteen hundred and twenty-four.

WHEREAS, the said company, in accordance with a resolution passed by its board of directors, have executed a mortgage under the corporate seal, and the signatures of the presi dent and secretary of said company, to Thomas D. Hoxey, trustee, upon the property of said company in the city of Paterson, which mortgage bears date the first day of January, eighteen hundred and sixty-eight, and is given to secure the payment of bonds of said company to the amount of seventy thousand dollars, of the denomination of one thousand dollars each, with interest warrants or coupons attached, payable semi-annually at the rate of seven per centum per annum, said bonds being payable in five years from the date thereof; therefore,

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the said mortgage be and the same is hereby approved and ratified, and declared to be a valid and subsisting lien upon the property of the said company therein described for the payment of the bonds of the said company, issued or to be issued by virtue of the resolution of the board of directors as above mentioned, to an amount not exceeding in the aggregate seventy thousand dollars, as provided for in the said mortgage, and the authority of the said company to issue said bonds is hereby confirmed.

2. And be it enacted, That this act shall take effect imme

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An Act to authorize the Trustees of the Methodist Episcopal Church of Flemington, New Jersey, to sell and convey certain Real Estate.

perty.

1. BE IT ENACTED by the Senate and General Assembly of power to sell the State of New Jersey, That the trustees of the Methodist church proEpiscopal Church of Flemington, New Jersey, or their successors in office, be and they are hereby authorized and empowered to sell and convey all the real estate, with the appurtenances to the same belonging, or in anywise appertaining, conveyed by George C. Seymour and wife to Joakin Hill, Aaron C. Hoagland, James Hoagland, Peter Gulick, Samuel Atkinson, Job Silvers and Charles Green, as trustees of said church, by deed bearing date the first day of April, in the year of our Lord one thousand eight hundred and fortysix, and recorded in volume eighty-seven of deeds for Hunterdon county, page three hundred and twelve, &c., and to make, execute and deliver a good and sufficient deed to the purchaser or purchasers therefor, and such deed being in due form of law, and executed according to law, shall pass and convey to the purchaser or purchasers all the estate, right, title and interest of the said body politic and corporate in law of, in and to said land and premises.

2. And be it enacted, That this act shall be deemed a public act, and shall take effect immediately. Approved March 24, 1868.

Corporators.

Name.

Capital stock.

Commissioners to open

scription.

CHAPTER CCXVII.

An Act to incorporate a hotel company in the city of Perth
Amboy, New Jersey.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That Alfred Hall, Nathaniel H. Tyrrell, William King, John L. Boggs, John C. Tully, James M. Chapman, William Hall, Charles N. Buck, and all such persons as may be hereafter associated with them, their successors and assigns, shall be and they are hereby constituted a body corporate and politic, in fact and in law, by the name of "Raritan Hotel Company," and by that name shall have power to lease, purchase and hold real estate at or near the city of Perth Amboy, in the county of Middlesex, and state of New Jersey, and to erect and maintain a hotel, and other buildings and improvements thereon, or upon any part thereof, for the accommodation of the public, and to mortgage said real estate with the appurtenances, or any part thereof, and to transact all such business as may be incident or appertaining to the managing, erecting, furnishing, conducting, leasing, holding or mortgaging of said premises or otherwise controlling or disposing of the same.

2. And be it enacted, That the said corporation shall have power to raise, by subscription, a capital stock of fifty thousand dollars, which capital stock shall be divided into shares of fifty dollars each, and shall be transferable in such manner as the by-laws of said corporation shall direct, and each share of the capital stock shall entitle the bona fide owner thereof to one vote at all meetings of the stockholders, which vote may be given in person or by proxy.

3. And be it enacted, That the persons named in the first books of sub-section of this act are hereby appointed commissioners to receive subscriptions to said capital stock, at such places and time, in the said county of Middlesex, as a majority of them may appoint, giving previous notice thereof in a newspaper published in said county, and putting up notices in five public places in said city, for at least two weeks; and as soon as twenty thousand dollars of said capital stock is subscribed, the commissioners, or a majority of them, shall call a meeting of the stockholders for the purpose of organizing said corpo

ration and electing directors, giving notice thereof in a newspaper of said county, as said commissioners, or a majority of them shall deem expedient, and the remainder of the stock shall be disposed of under the direction of the directors of the corporation, or a majority of them.

rectors.

4. And be it enacted, That the directors shall be elected Election of difrom among the stockholders, and shall be seven in number, who shall hold their offices until others are duly elected and qualified in their stead; and in case of a vacancy in the board of directors, by death, resignation or otherwise, a majority of the remaining directors shall have power to fill such vacancy, and any election or elections of directors after the first election aforesaid, shall be held at such time and manner as the by-laws of said corporation shall provide.

debt.

5. And be it enacted, That the whole amount of the debt Limitation of which the said corporation shall at any one time owe shall not exceed the amount of capital stock subscribed for and paid in. 6. And be it enacted, That this act shall take effect immediately.

Approved March 24, 1868.

CHAPTER CCXVIII.

A Supplement to an act entitled "An Act to authorize the inhabitants of the township of Manalapan, in the county of Monmouth, to raise bounty money and to legalize the acts of said township for bounties paid heretofore," approved March tenth, eighteen hundred and sixty-five.

1. BE IT ENACTED by the Senate and General Assembly of Repeater. the State of New Jersey, That the third section of the act to which this is a supplement be and the same is hereby repealed.

2. And be it enacted, That this act shall take effect immediately.

Approved March 25, 1868.

City officers

rated namie.

CHAPTER CCXIX.

A Supplement to an act entitled "An Act to alter and amend the charter of the city of Bordentown, in the county of Burlington."

1. BE IT ENACTED by the Senate and General Assembly of and Incorpo the State of New Jersey, That for the better ordering of the said city of Bordentown, and the inhabitants thereof, there shall be henceforth in the said city, one mayor, who shall be a resident within said city, and who shall be keeper of the city seal, a recorder or city clerk, and nine common councilmen, which mayor, recorder and common councilmen shall be one body politic and corporate, in deed, fact, name and law, by the name, style and title of "The Inhabitants of the city of Bordentown," and by the same name shall have perpetual succession; and they and their successors at all times hereafter, by the name of "The Inhabitants of the city of Bordentown," shall be persons capable in law to have, purchase, take, receive, possess and enjoy all necessary lands, tenements, hereditaments, liabilities, franchises and jurisdictions, goods, chattels and effects, to them and their successors forever, or for any other or less estate, and the same to grant, bargain, sell, alien, convey, demise and dispose of, to sue and be sued, implead and be impleaded, in any court of justice whatever; and to make and use a common seal, and the same to alter and renew at pleasure.

Amount of taxes to be

raised for necessary and contingent expenses.

2. And be it enacted, That it shall be lawful for the common council of said city to raise by tax from year to year, such sum or sums of money as they may deem expedient or necessary for defraying the necessary and contingent expenses of said city, not exceeding the sum of seventy-five cents on each and every hundred dollars to be assessed by the assessor, and collected by the collector of said city, in the manner in which taxes are now assessed and collected in said city.

3. And be it enacted, That it shall not be lawful hereafter for the voters of said city to direct to be raised, by ballot or otherwise, any tax whatever from year to year, in addition to the tax so as aforesaid authorized to be raised by the common

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