May make by-laws,&c. 4. And be it enacted, That the said corporation shall have power from time to time to adopt by laws, rules and regulations for the management of its finances, general business, selection, election and duties of its officers, the government of branch societies, and for the general management of said corporation; provided, that such by-laws shall not be repugnant to the general public laws of this state, the constitution of the United States or of this state. 5. And be it enacted, That this act shall take effect immediately. Approved March 11, 1874. Amendment. Amendment. Amendment. Board of what to CHAPTER CLXXXIV. A supplement to an act entitled "An act to incorporate 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That section three of the act to which this is a supplement, be amended by striking out the words "board of managers," and inserting in lieu thereof the words "executive council." 2. And be it enacted, That wherever the word "board" or "board of managers" occurs in the act to which this is a supplement, the same shall be understood as substituted by the words "executive council." 3. And be it enacted, That section three of the act to which this is a supplement, be struck out of the said act, and the following provision inserted in its place, viz: "each branch of this organization shall elect two representatives to the executive council for the term of one year: the president of each branch shall also be a member of the executive council." 4. And be it enacted, That there shall be a board of trustrustees of tees, which shall consist of five members, whose duty it shall be to have charge of the finances and all other property of the organization; they shall also place their names in consist. 1 the bank in which the money of the organization is deposited; they shall make all deposits and draw all moneys, when ordered to do so by a vote of the executive council; no trustee shall be an officer of the executive council during his term of office as trustee, and no officer of the executive council shall be elligible as trustee while holding office in such council; the treasurer shall have possession of the bank book at all times, except when required by the trustees in depositing or withdrawing money; trustees shall make a semi-annnal statement of all property in their possession, and all moneys drawn or deposited since last report. 5. And be it enacted, That all acts and parts of acts incon- Repeater. sistent with the provisions of this amendment be and the same are hereby repealed. 6. And be it enacted, That this act shall take effect immediately. Approved March 11, 1874. CHAPTER CXCVI. An act to incorporate Greenwood Cemetery Association. corporators 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That William W. Ward, Joseph Mc- Names of Pherson, Charles L. Pearson, John Woolverton, Sylvester Dana, Thomas P. Marshall, David S. Howard, Abram F. Quick, Nathaniel Britton and John J. Ford, and such other persons as now are or shall hereafter become stockholders, their successors and assigns, be and the same are hereby named and created a body politic and corporate in law, under the name, style and title of " Greenwood Cemetery Associa- Corporate tion," in the county of Mercer, and by that name shall have perpetual succession, and shall be able and capable in law to have and use a common seal, to sue and be sued, to plead and be impleaded in all courts of law and equity, and to do all such other things as are incident to a corporation. 2. Anul be it enacted, That the said association shall have name. May pur chase and hold real estate. May sell certain lands. Business of by whom power to purchase, to take, and hold in fee, a tract or tracts of lands not exceeding two hundred acres, in the county of Mercer, for the use and purposes of a cemetery, and erect thereon such buildings and other accommodations as the directors may deem suitable and necessary; and may sell or otherwise dispose of sub-lots or plats in said cemetery to the several purchasers or owners thereof by a good and sufficient deed or deeds of conveyance, under the corporate seal of said association, and signed by the president and secretary thereof, to be used only as a cemetery with the privilege of the several avenues, walks and passages, and other accommodations therein and thereto belonging, subject however, to such regulations and instructions as may be established in relation thereto by any by-law or ordinance of said corporation; transfers of sub lots or rights thereto may be made by the owner or owners thereof by assignments annexed to said deed, but shall not be valid until the assignment is recorded in the books of said association. 3. And be it enacted, That if any part of said lands conveyed to said corporation for the purpose aforesaid, shall be unsuitable or unnecessary for the purposes of a cemetery, then it shall be lawful for said corporatien to sell and dispose of such parts thereof as are unsuited or unnecessary therefor. 4. And be it enacted, That the business and concerns of corporation the said corporation shall be conducted and managed by a conducted. board of directors, consisting of eleven persons, a majority of whom shall be residents of this state, and shall be elected annually at such time and place as the by-laws may direct, upon notice at least ten days previous thereto, by advertisement in two newspapers published in the said county of Mercer; at which election each share of stock shall entitle the holder thereof to one vote; and the said directors shall elect one of their number president, and shall appoint such other officers and agents as they may deem expedient, and fix the compensation to be paid them; they shall have power to fill all vacancies in their own number until the annual meeting next ensuing; and the said board of directors shall have power to make and establish all needful rules, regulations, ordinances, and by-laws, and affix from time to time to the several plats and lots, such prices as they shall deem reasonable and proper; and shall have the sole charge, superintendence and control of said cemetery. rectors. 5. And be it enacted, That until the first election of direc- Who to act tors the persons named in the first section of this act shall as first dibe directors and may act as such until others are elected in their stead; and in case it shall happen that an election of directors shall not be made during the day fixed by the bylaws, the said corporation shall not for that cause be deemed to be dissolved. but such election may be held at any other time upon due notice being given by the directors, and the directors for the time being shall continue to hold their office until others are chosen. stock. 6. And be it enacted, That the sum which the said cor- What to be poration may agree to pay for the tract or tracts of land capital herein before mentioned; and the sums which have been or shall be expended in embellishing, improving, erecting fences, buildings, and other necessary accommodations, shall be the capital stock of said association, and it shall be divided into shares of one hundred dollars each. What to be ted for im 7. And be it enacted, That on the sale of any or all the plats in said cemetery, not less than five per centum of the approprianet proceeds shall be appropriated or funded for the further provements embellishment, and maintaining the improvements, fences, and other accommodations of said cemetery grounds, and the balance received shall be divided among the stockholders according to their several interests; and whatever sum may be funded as aforesaid, shall be free from all taxes and assessments, and no taxes or assessments shall be imposed on the lot owners therefor. empowered tions. 8. And be it enacted, That it shall be lawful for the di- Directors rectors, or a majority of them, to call in the subscriptions to to call in the capital stock at such times and in such sums as they sucscripmay deem reasonable, giving at least thirty days' notice, and a failure to comply with such notice on the part of any stockholder, shall at the option of the directors, or a majority of them, be a cause of forfeiture of all moneys paid thereon, and all rights by virtue of his or her subscription to such stock. tion its 9. And be it enacted, That the said corporation shall have, Corporause and exercise all the rights and privileges incident to a powers and corporation herein stated, and shall be exempt from all tax-privileges. es, assessments and charges upon their capital stock; and the real estate of said corporation, and the lots and plats When pub[ic street not to be opened. Who may hold lots when conveyed by said corporation to individual proprietors, as burial lots or for cemetery purposes, shall be exempt from all taxation or assessments whatsoever, and shall not be liable to be sold in execution or subject to attachment, or applied to the payment of debts by assignment under any insolvent or bankrupt laws, but may be conveyed under such regula tion as the directors may adopt. 10. And be it enacted, That no public street or lot shall hereafter be opened through the cemetery grounds without the consent of the said corporation. 11. And be it enacted, That any association of persons and where, for benevolent purposes, and also any religious society, may purchase and hold lots in said cemetery adjacent to each other, in which they may bury, agreeable to any rites or ceremonies of their own, subject only to the rules and reg ulations prescribed by the said board of directors. May hold grant, do quest, &c. 12. And be it enacted, That the said corporation may take nation. be- and hold any grant, donation or bequest of property upon trust to apply the same or the income thereof, under the direction of the board of directors, for the improvement or embellishment of the said cemetery, or for the erection, repair, preservation, or renewal of any tomb, monument, gravestone, fence, railing or other erection, or for the planting and cultivation of trees, shrubs, flowers or plants in or around any cemetery lot, or for improving the said premises in any other manner or form consistent with the design and purpose of this act according to the terms of such grant, donation or bequest. Certain provisions of this act. 13. And be it enacted, That the provisions of the eighth made part section of the act entitled "An act authorizing the incorporation of rural cemetery associations," approved March four teenth, one thousand eight hundred and fifty-one, be and the same are hereby made a part of this act. 14. And be it enacted, That this act shall take effect imme diately. Approved March 12, 1874. |