relating to such corporations, which are or may be in force, in the same manner as if the original charter had been granted after the eleventh day of March, in the year one thousand eight hundred and thirty-one. Approved February 8, 1864. AN ACT CONCERNING THE AMHERST, BELCHERTOWN AND PALMER Chap. 10. RAILROAD COMPANY. Be it enacted, &c., as follows: road to intersect SECTION 1. The Amherst, Belchertown and Palmer May extend its Railroad Company is hereby authorized to extend its rail- with Vt. and road from a point at or near the present station in the village Mass. R. R. of Amherst, through the towns of Amherst, Leverett, Sunderland and Montague, to the most convenient point of intersection with the Vermont and Massachusetts Railroad; and for that purpose shall have all the powers and privileges, Privileges and be subject to all the duties, restrictions and liabilities, provided in chapter two hundred and seventy-seven of the acts of the year eighteen hundred and fifty-one, and in the General Statutes relating to railroad corporations: provided, Limitations of the location of the extension of said railroad shall be filed time. agreeably to the General Statutes, and said extension constructed within two years from the passage of this act. defined. franchise. Northern K. R. SECTION 2. The Amherst, Belchertown and Palmer May sell or lease Railroad Company is hereby authorized to sell or lease its its road and railroad and franchise to the New London Northern Railroad Company, upon such terms and conditions as shall be decided upon by a majority of the stockholders present and voting at a legal meeting of said company called for that purpose. The New London Northern Railroad Company is New London hereby authorized and empowered by a vote of a majority of Co. may purchase the stockholders present and voting at a legal meeting of or lease, said company, called for that purpose, to purchase or lease the railroad and franchise of the Amherst, Belchertown and Palmer Railroad Company. If said railroad and franchise be so leased or purchased, the New London Northern Railroad Company shall have all the rights and privileges, and be subject to all the restrictions, duties and liabilities, set forth in the charter of the Amherst, Belchertown and Palmer Railroad Company. panies may unite SECTION 3. The New London Northern Railroad Company N. L. N. and A. and the Amherst, Belchertown and Palmer Railroad Com- B. and P. Company, are hereby authorized to unite with each other within and consolidate. two years from the passage of this act, upon such terms, not inconsistent with the provisions of their respective charters or the acts in addition to the same, nor with the laws of this poration. Commonwealth, as the stockholders of the respective corporations present and voting at legal meetings called for that purpose, at which a quorum shall be present, shall determine; and thereupon, said two corporations shall become Title of new cor- one corporation, under the name of the New London Northern Railroad Company, with a capital stock not exceeding the joint capital of the two corporations; and said corporation is hereby authorized, for the purpose of constructing the section of railroad described in the first May issue bonds section of this act, and for other purposes, to issue bonds for an amount not exceeding three hundred thousand dollars, at a rate of interest not exceeding six per cent. per annum, and to secure said bonds by a mortgage upon their railroad, its franchise and property. for construction, authorized in first section. Rights, duties and franchise of SECTION 4. The corporation thus formed shall have all new corporation. the powers, rights, property and franchise which the respective corporations severally have at the time when they unite, and shall be subject to all the liabilities, duties and restrictions, to which said corporations may be severally subject. Annual report. SECTION 5. The annual reports made by said new corporation to the legislature of this Commonwealth, shall show the amount of expenditure, receipts and profits, which belong to the parts of its road situate in the different states respectively. SECTION 6. This act shall take effect upon its passage. Approved February 8, 1864. Chap. 11. AN ACT TO AUTHORIZE THE TOWN OF BREWSTER TO TAKE STOCK May hold to May raise money upon bonds, or by loan or tax. Committee, in behalf of town, may subscribe for shares. IN THE CAPE COD CENTRAL RAILROAD COMPANY. Be it enacted, &c., as follows: SECTION 1. The town of Brewster is hereby authorized to subscribe for and hold shares in the capital stock of the Cape Cod Central Railroad Company, to the amount of twenty-five thousand dollars, and to pay for the same out of the treasury of the town, and to hold the same as town property, subject to the disposition of the town for public purposes, in like manner as any other property which it may possess. SECTION 2. The said town of Brewster is hereby authorized to raise, by issuing its bonds, or by loan or tax, any sums of money which shall be required to pay its instalments or its subscriptions to said stock and interest thereon. SECTION 3. The committee appointed by a vote of said town of Brewster, to petition this legislature for the authority granted in the first and second sections of this act, is hereby authorized to subscribe, in behalf of said town, for the number of shares in the capital stock of said Cape Cod Central tors. Railroad Company, as voted by said town at a meeting held SECTION 4. This act shall take effect upon its passage. AN ACT TO INCORPORATE THE NEW BEDFORD AND NEW YORK Chap. 12. Be it enacted, &c., as follows: SECTION 1. Sylvanus Thomas, Edward D. Mandell, Otis Corporators. Seabury, their associates and successors, are hereby made a corporation by the name of the New Bedford and New York Title. Steam Propeller Company, with all the powers and privileges, Privileges. and subject to all the duties, liabilities and restrictions, set forth in the general laws, which now are or hereafter may be in force relating to such corporations. steam-ships. SECTION 2. Said corporation is hereby authorized and May own and use empowered to build, purchase, charter, hold and convey one or more steam-ships or steam propellers, and to employ the same in the business of transporting passengers and freight between the ports of New Bedford and New York, with liberty to touch at intermediate ports. SECTION 3. The capital stock of said corporation shall Capital. not exceed one hundred and fifty thousand dollars, and shall assess upon be divided into shares of the par value of one hundred dollars Shares. each. Said corporation shall have power to assess, from Corporation may time to time, upon said shares, such sums as may be deemed shares. necessary to accomplish its object, not exceeding the par value of said shares. No certificate of stock shall be issued Conditions of until the par value thereof shall have been actually paid in, business. and no business shall be transacted by said corporation until at least seventy-five thousand dollars of its capital stock shall have been subscribed. SECTION 4. If said corporation shall not, within one year from the passage hereof, have been organized and have collected by assessment an amount equal at least to fifty per cent. of its capital stock subscribed, and shall not, within two years from the passage of this act, have one or more steam-ships or steam propellers employed in the transportation of passengers and freight between said ports of New Bedford and New York; or if said corporation shall there issue and of Organization and operation; limitcapital. ation of time for, and payment of, after fail, for the period of one year, so to employ one or SECTION 5. This act shall take effect upon its passage. Chap. 13. AN ACT TO CHANGE THE NAME OF THE CONGREGATIONAL SOCIETY OF THE THIRD PARISH OF ROXBURY. Be it enacted, &c., as follows: SECTION 1. The Congregational Society of the Third SECTION 2. This act shall take effect upon its passage. Chap. 14. AN ACT TO CHANGE THE NAME AND AMEND THE ACT OF INCOR May hold real estate. Chap. 15. Word "white" stricken from statutes. Chap. 16. Corporators. Title. Privileges. PORATION OF THE SECOND BAPTIST SOCIETY IN TAUnton. Be it enacted, &c., as follows: SECTION 1. The Second Baptist Society in Taunton shall hereafter be called and known by the name of the Winthrop Street Baptist Society. SECTION 2. Chapter eighty-four of the acts of the year eighteen hundred and thirty-three, entitled "An Act to incorporate the Second Baptist Society in Taunton," is hereby so amended as to permit said society to hold real estate not exceeding sixty thousand dollars in value. Approved February 8, 1864. AN ACT RELATING TO ELIGIBILITY TO MILITARY OFFICE. The thirty-sixth section of the thirteenth chapter of the AN ACT TO INCORPORATE THE NORTH EASTON SAVINGS BANK. SECTION 1. Oliver Ames, junior, A. A. Gilmore, John H. Swain, their associates and successors, are hereby made a corporation by the name of the North Easton Savings Bank, to be established and located in that part of the town of Easton called North Easton; with all the powers and privileges, and subject to all the duties, liabilities and restrictions, set forth in the fifty-seventh chapter of the General Statutes, and in all other laws of this Commonwealth relating to institutions for savings. SECTION 2. This act shall take effect upon its passage. AN ACT TO AUTHORIZE JOSEPH O. PROCTOR TO EXTEND HIS WHARF IN GLOUCESTER. Be it enacted, &c., as follows: Chap. 17. fined. Joseph O. Proctor, proprietor of a wharf in Gloucester, Extension desituated in that part of the town known as Harbor Cove, is hereby authorized to extend and maintain said wharf, not exceeding fifty-five feet in width, seventy-five feet in a northeasterly direction into said cove, with the right to lay vessels at the end and sides of said wharf, and receive wharfage and dockage therefor: provided, however, that if a channel line Provisos. is hereafter duly established by authority of law in the harbor of said Gloucester, said wharf shall not be maintained beyond said line; and provided, further, that this grant shall in no wise impair the legal rights of any person. Approved February 8, 1864. AN ACT TO AUTHORIZE THE OLD COLONY AND NEWPORT RAILWAY Chap. 18. across Ferry and and '63. Be it enacted, &c., as follows: SECTION 2. This act shall take effect upon its passage. AN ACT TO AUTHORIZE THE FITCHBURG AND WORCESTER RAILROAD COMPANY TO ISSUE FIRST CLASS PREFERRED STOCK. Be it enacted, &c., as follows: Chap. 19. tional preferred SECTION 1. The Fitchburg and Worcester Railroad May issue addiCompany are hereby authorized to issue four hundred and stock. forty-seven shares of first class preferred stock in addition to the two thousand and fifty-three shares of the same class of stock heretofore authorized by law; the stock authorized to Shall be be issued by this act shall be exchanged at par for the second for former issues. class preferred stock, and the outstanding original stock of said company heretofore issued. ex changed at par |