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SUPPLEMENT to the act entitled “An act concerning escheats,” approved twenty-seventh February, eighteen hundred and twenty-eight.
::... 1. BE IT ENACTED by the Senate and General Assembly of ** the State of New Jersey, That so much of the second section of said act, to which this is a supplement, as requires that the attorney general shall cause notice to be given of the taking of the inquisition therein referred to in one of the newspapers printed in the city of Washington and in one of the newspapers printed in the city of New York, be and the same hereby is repealed. • 2. And be it enacted, That this act shall take effect immediately. * Approved March 15, 1859.
AN ACT to enable the inhabitants of school district No. ten, in the township of Hope, in the county of Warren, and state of New Jersey, to raise money by tax to purchase land and build a school-house.
Preamble. WHEREAs, the inhabitants of school district No. ten, in the township of Hope in the county of Warren and state of New Jersey, have become incorporated under the name of “The Hope Academy;” AND where.As, the said district is desirous of raising money by tax for the purpose of purchasing land and building a suitable school-house thereon; therefore, 1. BE IT ENACTED by the Senate and General Assembly of Roo the State of New Jersey, That it shall and may be lawful for raise money. the said incorporated school district, number ten, in the township of Hope, in the county of Warren, to raise by tax a sum not exceeding two thousand dollars, for the purpose of purchasing land and erecting a school-house thereon; provided, that a majority of the legal voters in Proviso. said school district shall concur therein at an election to be held in said district school-house on the last Monday of March eighteen hundred and fifty nine, between the hours of one and four o'clock in the afternoon of said day, notice of which election shall be given by the incorporators posting up notices of such election in three of the most public places in said school district. 2. And be it enacted, That of the said sum of two thousand A. dollars, one hundred dollars shall be assessed by an equal oran capitation tax upon all persons subject to assessment and taxation in said incorporated school district, as it now exists, which said sum shall be levied, assessed and col. lected at the same time and in the same manner as other township taxes are or may be assessed, levied and collected. 3. And be it enacted, That the balance of the said sum of A. two thousand dollars, or so much thereof as it shall be look necessary to raise, shall be assessed on the estates of the inhabitants of said incorporated school district as it now exists, and on all lands liable to be taxed therein, in the same manner and to the same extent as township taxes are now assessed by law. 4. And be it enacted, That George D. Turner, James K. Co. Swayze, Abraham Freese, George H. Beatty, and Caleb Foo Swayze, or a majority of them, shall be commissioners in behalf of the said incorporated school district to purchase land in the said district suitable for the erection of such
Commissioners to make out estimate.
building, and shall take a deed therefor, in the name of the
A suppleMENT to the act entitled “An act to incorporate the Perth Amboy and Woodbridge Railroad Company.”
1. BE IT ENACTED by the Senate and General Assembly of Company
the State of New Jersey, That the Perth Amboy and Woodbridge Railroad Company shall have power to borrow such sum and sums of money, from time to time, as may be necessary to build, construct, and repair their road, and furnish all necessary engines and machinery for the use and objects of the said company, and to secure the repayment thereof by the execution and negotiation of any bond or bonds secured by mortgage on the said road, lands, and privileges, franchises, and appurtenances of and belonging to the said company, such bond or bonds to draw interest not exceeding seven per centum per annum; provided always, that the amount of money so borrowed shall at no time exceed the amount subscribed and paid by the stockholders of the said company.
2. And be it enacted, That as soon as the net proceeds or profits of said road shall amount to six per centum upon its cost, the said company shall pay to the treasurer of this state one half of one per centum on the costs of said road, to be paid annually thereafter on the first Monday in January in each year, and no other transit duty, tax, or imposition shall be assessed or levied upon the said company.
Approved March 15, 1859.
authorized to borrow money.
Annual tax to be paid.
Commissioners to receive subscriptions.
Amount of capital stock.
Payment of instalments.
AN ACT to incorporate the Freehold and Colt's Neck Turnpike Company.
1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the subscription books of the capital stock of the Freehold and Colt's Neck turnpike company shall be opened by Daniel B. Ryall, John Denice, Charles Haight, Joseph T. Laird, David Baird, John F.T. Forman, Adam Marcellus, T. Forman Taylor, John Wan Mater, Thomas P. Barkalow, and Forman Sickels, or a majority of them, who are hereby appointed commissioners to receive subscriptions to the said stock, at such times and places as they or a majority of them may direct, giving notice thereof at least twenty days prior to the opening of said books, by publishing the same in at least two of the newspapers published in this state.
2. And be it enacted, That the capital stock of said company shall be eight thousand dollars, with liberty for the said company to increase the same to twenty thousand dollars, and shall be divided into shares of twenty-five dollars each, and that when three hundred shares shall be subscribed for, the persons holding the same shall be and they are hereby incorporated into a company, by the name of the Freehold and Colt's Neck turnpike company, and by that name shall have, enjoy and exercise all the rights, powers and privileges appertaining to corporate bodies, and necessary to carry the objects of this act into effect.
3. And be it enacted, That at the time of subscribing for said stock two dollars shall be paid upon each share subscribed for to the commissioners, or any of them, which money shall be paid over to the treasurer of the company, as soon as one shall be appointed, and the residue of the subscriptions shall be paid in instalments, at such times and places and to such persons as the president and di. rectors of the company shall from time to time direct, and