Their of conducting said marble quarries and such others as they shall open or work, and for the purpose of manufacturing marble in this state and disposing thereof, by the name of "Dutchess County Marble Company," for the term of forty-two years, and by that name, they style, &. and their successors shall be and hereby are authorized and empowered to purchase, take, hold, occupy, possess and enjoy to them and their successors, any goods, chattels and effects of whatever kind they may be, the better to enable them to carry on said business to advantage; also to purchase, take, hold, occupy, possess and enjoy any such lands, tenements or hereditaments within the counties of Dutchess, Columbia, Ulster and Greene, and within the cities of New-York and Albany as shall be necessary for the views and purposes of said corporation, or to take any lease or leases thereof, and the same again to sell and dispose of at pleasure, also to sue and be sued, plead and be impleaded, defend and be defended, answer and be answered unto in any (court of record or elsewhere; and the said corporation i may have and use a common seal and may alter the t same at their will and pleasure, and by such seal (for the time being) their proceedings, deeds and transactions shall and may be certified and established. II. And be it further enacted, That the capital stock of said corporation shall not exceed one hundred thousand dollars, and that a share of the said stock shall be Stock, &c. fifty dollars, and the present owners of said quarries I shall have a right to subscribe (if they shall wish so to do) for any number of shares in said corporation to the amount of one third thereof; that the stock of said company shall be deemed and considered personal estate and transferable only on the books of said company in such form as the directors of said company shall prescribe, but no transfer shall be valid so long as the #stockholder transfering is or shall be indebted to said company; and that the said Benjamin Strong, John Taylor,John Mason, Garret Stevens, David Ely, junior, and Isaac Mills, are hereby appointed commissioners, who, or either three of them, inay as soon after the passing of this act as shall be convenient, receive subscriptions. 5 directors may be for the stock of the said corporation in such manner a they shall deem most expedient and proper, and that said commissioners or either three of them, are hereby authorized and empowered to call a meeting of the stockholders as soon as twenty thousand dollars shall be subscribed for, at such time and place as they shall appoint, for the purpose of electing directors. III. And be it further enacted, That the stock, property and affairs of the corporation shall be managed chosen. by five directors, one of whom shall be president, who shall hold their offices for one year, which directors shall be stockholders and citizens of the United States, and shall be annually elected at such time and place as the regulations of said corporation shall prescribe; a majority of the directors shall on all occasions constitute a board for the transaction of business, and a majority of the stockholders present at any legal meeting, shall be capable of transacting the business of such meeting, each share entitling the owner thereof to one vote. IV. And be it further enacted, That the said pre Other offi-sident and directors for the time being, or a major be appoint part of them, shall have power to appoint and employ, ed. from time to time, a secretary, treasurer and such other cers may officers, mechanics, workmen, artificers, labourers and servants as they may think proper for the transacting of the business and concerns of the said company; and also to make and establish such bye-laws, rules, and regulations, as they shall think expedient for the better management of the officers, concerns, mechanics, workmen, artificers, labourers and servants of the said corporation, and the same to alter or repeal: Provided Proviso. always, That such bye-laws, rules and regulations be not inconsistent with the constitution and laws of the United States, or of this state; and said directors shall and may as often as the interest of the stockholders shall require, and the affairs of said company will permit, declare a dividend or dividends of profit on each share, which shall be paid to the stockholders by the treasurer of said company. V. And be it further enacted, That if it shall so happen that an election of directors should not take place in any year at the annual meeting thereof, the said corporation shall not for that reason be dissolved, but such election may thereafter be held on any convenient day to be fixed on by the directors, they giving public 10tice thereof. accounts VI. And be it further enacted, That the books of Books of said company containing their accounts, shall at all rea- to be open sonable times be open for the inspection of any of the at reason. stockholders of the said company, and every year a statement of the accounts of the said company shall be made by order of the directors. able times VII. And be it further enacted, That the directors may call in the subscriptions to the capital stock by in- Directors stalments, in such proportions and at such times and may call in subscripplaces as they may think proper, under a penalty for ten tions. days neglect of payment of a forfeiture of all previous instalments, and of all rights and interest whatever in the said company, giving public notice thereof at least thirty days in two different newspapers published in the city of New-York. Debtshow the disso VIII. And be it further enacted, That for all debts that shall be due from said company, at the time of its to be setdissolution, the stockholders thereof shall then be re- tled after sponsible therefor in their individual and private capa-lution of city to the extent of their respective shares and no the corpor further: Provided also, That nothing contained in this ation. act shall be construed to authorize or empower the said corporation to use their funds for any banking transactions, or in purchasing of the stock of any bank in this state, or any public stock whatever. IX. And be it further enacted, That this act shall be to all intents and purposes considered as a public act, This is a and shall be construed and considered in all courts and public act. places benignly and favorably for every beneficial purpose therein mentioned and contained. CHAP. LXVIII. An ACT relative to the Mohawk Turnpike Company. Passed March 19, 1813. I. E it enacted by the people of the state of New B York, represented in Senate and Assembly, That for ten years from and after the first day of May next, it shall and may be lawful for the president and directors of the Mohawk turnpike company to erect a gate on each of the bridges across the east and west Canada creeks; and in addition to the toll now permitted to be taken on said road, to demand and receive from persons passing either of the aforesaid two bridges, half the rate of toll that the said company are authorized by the act entitled "An act to incorporate the Mohawk turnpike and bridge company," to take at any other full toll gate on said turnpike road: Provided, That nothing in this act shall authorize the said company to demand toll from any person crossing either of the said bridges with a sleigh or sled in the months of January or February in every year, or to receive toll of or from any person passing to or from public worship, or to or from his com-mon business on his farm, or to or from any mill, or to or from any general or other training. II. And be it further enacted, That it shall and may be lawful for the said president and directors to make such regulations as they may think proper restraining persons from passing any of the bridges across the east and west Canada creeks, and the Mohawk river at Uti. ca, with horses, oxen, carts, waggons or carriages of any description, faster than on a walk, and to inflict penalties for the breach of those regulations: Provided the penalty for each offence shall not exceed one dollar : And provided, That due notice be given of the amount of such penalty by placing the same in some conspicuous place at each end of said bridges; said penalty to be recovered in the same manner in which penalties for avoiding any of the gates on said turnpike road are now recovered. CHAP. LIX. An ACT to authorize the Supervisors of the County of Genesee to raise money by tax for the erection of a fire-proof Clerk's Office. Passed March 19, 1813. 1. E it enacted by the people of the state of NewYork, represented in Senate and Assembly, That it shall be the duty of the supervisors of the county of Genesee, and they are hereby authorized and directed, at their annual meeting in October next to cause a sum not exceeding one thousand five hundred dollars to be levied on the freeholders and inhabitants of the said county, together with the additional sum of five cents on each dollar for collecting the same, which sums shall be levied and collected in the same manner as the other contingent charges of the said county are raised, levied and collected, for the purpose of erecting a fire-proof building for the use of the clerk of said county, and in which all the public records and papers belonging to the office of the clerk of said county shall be kept after the said building shall be completed. II. And be it further enacted, That it shall be the duty of the said supervisors to purchase and procure a convenient lot to erect said building upon, as near as may be convenient to the court-house in the town of Batavia, and that Isaiah Babcock, Ephraim Towner and Isaac Sutherland, of the town of Batavia, be commissioners to superintend the erection of the same. CHAP. LXX. An ACT to incorporate the Stockholders of the WH Passed March 19, 1813. HEREAS James Hickok and others, by their petition presented to the legislature, have prayed to be incorporated for banking operations: Therefore, Preamble. incorpor I. Be it enacted by the people of the state of NewYork, represented in Senate and Assembly, That all Company such persons as now are or hereafter shall be stock- ated. holders of the said bank, shall be and hereby are ordained, constituted and declared to be, from time to time, |