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Names of corporaters.

Corporate

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laws.

CHAPTER XC.

An Act to incorporate the Jersey Silver Mining Company.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That G. A. Perdicaris, Augustus G. Richey, Barker Gummere, William A. Prickitt, Joseph G. Brearley, Caleb Coleman and Daniel Peters, and their associates and successors, be and they are hereby created a body politic and corporate, by the name, style and title of "The Jersey Silver Mining Company," and by that name shall be capable of suing and being sued, impleading and being impleaded, in any court of record or elsewhere, and of granting and of receiving in its corporate name, property, real, personal and mixed, and of holding and improving lands and working mines in the territory of Colorado and elsewhere, and leasing or disposing of privileges to work such lands or mines, or any part thereof, and shall have the right to mine silver and other minerals, and transport the same to market, and do such other acts and things as may belong to the mining business as they may deem proper.

May make by- 2. And be it enacted, That the said company shall have power to make such by-laws as they may deem proper to enable them to carry out the objects of the corporation, and the same to alter, amend, add to or repeal at their pleasure, and to adopt a common seal, and to alter the same; provided, that the said by-laws shall not be contrary to the constitution and laws of the United States and of the state of New Jersey.

Amount of capital stock.

Directors.

3. And be it enacted, That the capital stock of said company shall be fifty thousand dollars, with the privilege of increasing it to two hundred thousand dollars, divided into shares of not less than five dollars each; and the business of the company shall be managed by seven directors, to be elected annually by the stockholders at such time and in such manner as the by-laws shall provide, but they shall hold office until their successors shall be elected; and the said G. A. Perdicaris, Augustus G. Richey, Barker Gummere, William A. Prickitt, Joseph G. Brearley, Caleb Coleman and Daniel

Peters shall be the first directors, and shall hold their offices until the first annual election, and in case a vacancy shall occur in such board of directors, by death, resignation or otherwise, the remaining directors shall have power to fill such vacancy by the appointment of any stockholder.

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4. And be it enacted, That the said company may carry Principal ofon its business and establish necessary offices, under the direction of its officers, in such places as they may deem expedient, but the principal office shall be located at the city of Trenton, in this state.

5. And be it enacted, That this act shall take effect immeately, and shall continue in force for thirty years. Approved February 22, 1870.

CHAPTER XCI.

An Act relative to the Trenton Water Power Company.

WHEREAS, the commissioners appointed by the state of Preamble. Pennsylvania for the improvement of the navigation of the river Delaware have restored and improved the dam erected many years ago at Scudder's Falls, by commissioners duly appointed for that purpose, and connected the same with the wing dam of the Trenton Water Power Company, whereby the navigation of the said river has been greatly improved, and the supply of water to the raceway of said company been made sufficient for the various mills depending thereupon for power, and whereas the tenure of office of the said commissioners has expired, and it is desirable that the said improvements should be permanently maintained and protected from damage, therefore,

maintain and protect dam.

1. BE IT ENACTED by the Senate and General Assembly of Empowered to the State of New Jersey, That the Trenton Water Power Company is hereby authorized, empowered and required to maintain and protect the said dam at Scudder's falls, and the schute or passage way therein for rafts, boats and fish, as

now constructed, so that the navigation of the river and the supply of water to the raceway of the said company may be secured and maintained.

2. And be it enacted, That this act shall take effect immediately.

Approved February 22, 1870.

Names of corporators.

Corporate

name.

Amount of capital stock.

CHAPTER XCII.

An Act to incorporate the Hardiston Manufacturing Company.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That Daniel Haines, Thomas Lawrence, John Rutherford, John H. Brown and Samuel C. Brown, and their associates, successors and assigns, are hereby created a body corporate and politic, by the name of the Hardiston Manufacturing Company, for the purpose of manufacturing agricultural implements, railroad cars, sash and blinds, and other articles of which wood and iron are mainly used, and for selling and dealing in the same, or any materials connected therewith; with power to purchase, lease, and hold such real estate, water power, and personal property, as may be considered necessary for the prosecution of its business, and to sell, lease, mortgage or otherwise dispose of the same at pleasure, and may borrow money and issue bonds therefor to any amount not exceeding two-thirds of their capital stock, and may suc and be sued in all courts of law and equity, and may have and use a common seal, and may change and alter the same at pleasure; and shall have all the powers, which, by the laws of the State, are now incident and belong to corporations..

2. And be it enacted, That the capital stock of the company, shall be twenty thousand dollars, with power to increase the same, from time to time, to any amount, not exceeding one hundred thousand dollars, to be divided into shares of one hundred dollars each, which shares shall be deemed personal property, and shall be transferable in such

manner as may be prescribed by the by-laws of the said corporation, and the said company is authorized to commence business when one hundred shares of its capital stock shall have been subscribed, and ten per centum thereof paid in, and it shall be lawful for said company to issue certificates of stock, in whole or in part, in payment for any real estate, water-power, or personal property purchased or leased by said company, for the purposes of their business aforesaid, provided that such property be taken at a fair valuation, to be satisfactory to the board of directors.

their power.

3. And be it enacted, That the affairs and business of the Directors, how said corporation shall be managed by not less than three nor elected, and more than five directors, who shall elect one of their number president, and said directors shall be stockholders in said company and shall be elected at a meeting of the stockholders, to be held at such time and place as the by-laws of the said corporation may direct, and until such election shall take place Daniel Haines, Thomas Lawrence, John Rutherford, John H. Brown and Samuel C. Brown are authorized to receive subscription to the stock and shall be directors of said corporation; a majority of the directors shall, on all occasions when assembled, constitute a body competent to make by-laws, change and alter the same, and transact any business that may come before them, and in case a vacancy or vacancies shall occur in the board of directors by death, resignation or otherwise, or a failure of the stockholders to elect a full number, authorized by this act, the remaining directors for the time being, or a majority of them, shall have power to fill such vacancy or vacancies by the appointment of any stockholders.

elect directors

4. And be it enacted, That in case it shall happen that an Not dissolved election of directors shall not be made on the day designated by failure to by the by-laws of the corporation, the said corporation shall not be deemed to be dissolved, but the stockholders may proceed to hold an election for directors on any other day, three weeks notice thereof, signed by any four stockholders, being given in a newspaper published in the county of Sussex, of the time and place of such election.

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5. And be it enacted, That the principal office of said Principal of company shall be in the township of Hardiston, in the coun ty of Sussex, where regular books of account shall be kept, to which any stockholder shall have free access at all reasonable times for the purpose of inspection, and that books of

How dissolved

Proviso.

transfer of the stock shall also be kept, and shall be evidence of the ownership of said stock in all elections and other matters connected with their interest in said corporation.

6. And be it enacted, That the said corporation hereby created may be dissolved by a general meeting of the stockholders of the same called for that specific purpose; provided, at least three fourths in value of the stockholders shall concur therein, and upon such dissolution the directors for the time being and the survivors of them, or such persons as the said stockholders shall appoint, shall be trustees for settling all the affairs of the company, collecting, selling and disposing of all its property, both real and personal, paying its debts and dividing its surplus if any, among the stockholders in proportion to their respective interests in the stock.

7. And be it enacted, That this act shall take effect immediately.

Approved February 22, 1870.

Lawful to im

cattle, sheep and swine.

CHAPTER XCIII.

An Act to prevent Horses, Cattle, Sheep and Swine from running at large in the township of Maurice River, county of Cumberland.

1 BE IT ENACTED by the Senate and General Assembly of pound horses, the State of New Jersey, That it shall be lawful for any person who may reside within the limits of the township of Maurice River, in the county of Cumberland, to drive or convey to any public pound which may be in the said township, any horses, cattle, sheep or swine found running at large in the public highways or elsewhere within the bounds aforesaid, and impound the same; and the keeper or keepers of any public pound in said township is, and are hereby authorized and required to receive such horses, cattle, sheep or swine, and the party (or the poundkeeper, if the duty be performed by him,) shall have thirty cents per head for driving or con

Charges of

pound keeper.

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