Page images
PDF
EPUB

the incorporation of insurance companies, approved the second day of April, Anno Domini one thousand eight hundred and fifty-six, and shall be empowered to insure the respective lives of its members and others, and to make all and every insurance, appertaining to life risks, of whatsoever kind or nature, and to receive and execute trusts, to make endowments to any survivor or person, payable immediately or deferred, contingent upon the death of one or more of its insured members; and shall have the right to transact its business upon the mutual principle, in connection with its joint stock capital aforesaid.

JOHN M. THOMPSON, Speaker of the House of Representatives pro tem.

WM. M. FRANCIS,

Speaker of the Senate. APPROVED— The twenty-sixth day of March, Anno Domini one thousand eight hundred and sixty.

WM. F. PACKER.

No. 333.

A SUPPLEMENT

To an act to incorporate the Mahanoy and Broad Mountain Railroad Com

pany, approved the twenty-ninth day of March, eighteen bundred and fifty-nine.

Section 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly

met, and it is hereby enacted by the authority of the same, That Authorized to for the purpose of completing and equipping their railroad, the borrow money Mahanoy and Broad Mountain railroad company be and they are and issue bonds.

hereby authorized to borrow any sum of money not exceeding two hundred and fisty thousand dollars, and to secure the pay. ment of the same by the issue of bonds, not less than one hun

dred dollars each, with or without coupons attached thereto, and To execute mort- by a mortgage of the said railroad, together with the corporate gage.

rights and franchises, and other property of said company, with the appurtenances, and to sell and dispose of the said bonds on such terms as may be agreed upon, from time to time, and in such amounts as may be required for the purposes aforesaid, and to annex to said bouds, if they see proper, the privilege of converting the same into the capital stock of the said company at

par, at the option of the holders. Corporations SECTION 2. That it shall and may be lawful for any corporamay subscribe to tion or corporations to subscribe to ihe capital stock, or purchase capital stock.

the bonds of the said Mahanoy and Broad Mountain railroad company, in such amounts and upon such terms as may

be

[ocr errors]

agreed upon, and to receive, hold and dispose of the same, in the same manner as other property belonging to such corporation or corporations.

JOHN M. THOMPSON,

Speaker of the House of Representatives pro tem.

[blocks in formation]

APPROVED-The twenty-ninth day of March, Anno Domini

one thousand eight hundred and sixty.

WM. F. PACKER.

No. 334.

A SUPPLEMENT

To an act relating to County and Township Rates and Levies, approved April fifteenth, Anno Domini one thousand eight hundred and thirty-four. SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That the warrant authorized by the thirty-fifth section of the act to which this act is a supplement may be issued to the supervisors, or to any person authorized by them to collect township rates and levies, in any township where no treasurer has been elected or appointed; and the person or persons to whom such warrant is directed shall proceed to execute the same in the manner provided in said section.

JOHN M. THOMPSON,

Speaker of the House of Representatives pro tem.

WM. M. FRANCIS,

Speaker of the Senate.

APPROVED--The twenty-ninth day of March, Anno Domini

one thousand eight hundred and sixty.

WM. F. PACKER.

No. 335.

SUPPLEMENT

To an act for the Assessment and Recovery of Damages on the Nortb

Branch and Wyoming Canals, approved the twelfth day of April, Amo
Domini one thousand eight hundred and fifty-nine.

Section 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly

met, and it is hereby enacted by the authority of the same, Thai Filing of claims, any claim filed in accordance with the sixth section of the act relative to. to which this is a supplement, on or before the first day of June,

one thousand eight hundred and sixty, shall have the same force and effect as if the same had been filed on or before the first day of August, one thousand eight hundred and fifty-nine, as

required by the said sixth section of the said act to which this Proviso. is a supplement: Provided, That the first section of this act

shall not allow persons to re-file claims which were filed prior

to August first, one thousand eight hundred and fifty-nine. Provision of cer- Section 2. That the time limited for the completion of the tain act extended investigations required of the commissioners appointed under

the act to which this is a supplement, be and the same is hereby extended for and during an additional period of six months.

Section 3. That the commissioners of canal claims, appointed Compensation of commissioners of in accordance with the first section of the act to which this is claims.

a supplement, shall hereafter receive for their services the sum of five dollars per day, instead of three, as heretofore.

JOHN M. THOMPSON, Speaker of the House of Representatives pro ter.

WM. M. FRANCIS,

Speaker of the Senate. APPROVED—The twenty-ninth day of March, Anno Domini thousand eight hundred and sixty.

WM. F. PACKER.

to.

No. 336.

A SUPPLEMENT

To an act to incorporate the Washington and Maryland Line Railroad

Company, approved April twelfth, one thousand eight hundred and fifty. six.

Section 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That

ers, &c.

the name and style of the Washington and Maryland Line Name changed

with former pow. railroad company shall, from and after the passage of this act, be the Columbia and Maryland Line railroad, with the same rights, powers, privileges, authorities, restrictions and liabilities which are given and created by the act to which this is a supplement; and that all contracts, whatsoever, with the said company, and all subscriptions to the capital stock thereof, heretofore made under the former title, shall be and remain, in all respects, good and valid, under the name hereby given.

Section 2. That the said company shall have power to locate May extend road and construct an extension of the road authorized by the act to which this is a supplement, to some convenient point in or near the borough of Columbia, Lancaster county, and to make an intersection or connection thereof with the road of the Pennsylvania railroad company.

Section 3. That it shall be lawful for the stockholders of the May increase said company, or a majority of them in value, at any meeting capital stock. or meetings, which may be called for the purpose by the board of directors, or by any ten of the said stockholders, to increase the capital stock thereof to such number of shares as they may deem proper : Provided, That the entire capital stock Proviso. shall, at no time, exceed one and one half million of dollars.

Section 4. That the said company be and is hereby author. May borrow moized and empowered to borrow, for constructing and equipping noy and issue the said railroad, and for the general purposes of the same, such sum or sums of money as the board of directors may, from time to time, determine, not exceeding, in the whole, six hundred thousand dollars, at any rate of interest not exceeding seven per centum per annum, and to issue therefor the bonds of the said company, with or without coupons attached, in sums not less than one hundred dollars each, which said bonds the said company may secure by a mortgage or mortgages To be secured by upon the whole or any part of their railroad and equipments, mortgage. real estate, corporate privileges and franchises, thereunto belonging; and, from time to time, as may be required for the pur. poses herein mentioned, may sell and dispose of the said bonds, at their market value.

Section 5. That the said company shall commence the con- Limitation.
struction of the road within five years from the passage of this
act, and shall complete the same within ten years thereafter.

JOHN M. THOMPSON,
Speaker of the House of Representatives pro tem.

WM. M. FRANCIS,

Speaker of the Senate. APPROVED-The twenty-ninth day of March, Anno Domini one thousand eight hundred and sixty.

WM. F. PACKER.

bonds

Authorized to sell property, execute conveyances, &c.

No. 337.

AN ACT

To authorize the Managers of the Poor of the township of Germantown to sell real estate.

SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That the managers for the relief and employment of the poor of the township of Germantown, be and they are hereby empowered to advertise and to sell at public sale, all or part of the real estate and appurtenances, known as the poor house property, situate on Rittenhouse street, in the late borough of Germantown, and now in the Twenty-second ward of the city of Philadelphia, and now held by the said managers for the relief and employment of the poor of the township of Germantown, at such time or times, and in such parts or parcels, and upon such terms as may, in the discretion of the said managers, be considered most advantageous, and upon such sale or sales to make, execute and deliver good and sufficient assurances and conveyances in the law therefor, to the purchaser or purchasers thereof. SECTION 2. That the said managers for the relief and employhow to be ap- ment of the poor of the township of Germantown, are hereby plied. further authorized and empowered, with the proceeds of said sale or sales, to purchase for the use of said township of Germantown, such other real estate in said township of Germantown, as may be necessary and proper for a poor house, and thereon to erect, or cause to be erected and constructed, all such buildings and improvements as they may deem necessary for the proper and comfortable maintenance and support of the poor of the said poor district: Provided, That any surplus moneys arising from said sale or sales, after the purchase of other property, and the erection of the necessary buildings, shall be securely invested for the maintenance of the poor aforesaid.

Proceeds of sale,

Proviso.

Repeal.

SECTION 3. That all laws or parts of laws, inconsistent with the purposes of this act, be and the same are hereby repealed. JOHN M. THOMPSON,

Speaker of the House of Representatives pro tem.

WM. M. FRANCIS,

Speaker of the Senate.

APPROVED-The twenty-ninth day of March, Anno Domini one thousand eight hundred and sixty.

WM. F. PACKER.

« PreviousContinue »