peal shall be applied for by the owner or owners, and the jury shall find the same or a less sum than the commissioners awarded, or the company offered, then the said costs shall be paid by the said applicant or applicants, and either deducted out of the sum found by the said jury, or execution awarded therefor, as the court shall direct; and the sum awarded by the commissioners, or in case of an appeal from the award of the commissioners, then the sum assessed by the jury, and such costs as the court shall direct, shall be paid by the company to the owner or owners of the land in controversy, or into the court of common pleas, to the clerk thereof, in the county in which the said lands are situate; and from the owner or owners of land not in controversy, they shall obtain consent in writing before they enter upon or break ground on the premises, except for surveying and laying out said road; provided, Proviso. that the party or parties entitled to receive the amount assessed by the commissioners, may, upon tender thereof, receive the same, without being thereby debarred from the appeal hereby provided for. may issue 3. And be it enacted, That the directors of said company may Company issue bonds, in such form, and for such sums, respectively, as bonds. they shall deem expedient, to an amount not exceeding in the aggregate two hundred thousand dollars, bearing interest at the rate of six per centum per annum, and redeemable in twenty years from date, which bonds shall constitute a first lien on the roadway, fixtures and other property of the said company, and the proceeds of the sale of said bonds shall be applied towards the expense of constructing the railroad authorized by the act to which this is a supplement. amended. 4. And be it enacted, That the seventeenth section of the act Former act to which this is a supplement, be and the same is hereby so amended that the time for the commencement of said railroad be extended to the fourth of July, eighteen hundred and sixty, and the time for completion of said railroad be extended to the fourth day of July, eighteen hundred and sixtyfour. Part of former act 5. And be it enacted, That the eighth section of the act to which this is a supplement be and the same is hereby repealed. repealed. Approved February 18, 1856. Corporate name changed. Number of members may be increased. Capital stock may be in. creased. Part of form er act repealed. CHAPTER XIX. A SUPPLEMENT to an act entitled "An act to incorporate the Delaware Fire Company of Bloomsbury, Burlington county." 1. BE IT ENACTED by the Senate aud General Assembly of the State of New Jersey, That the corporate name of this company be changed to that of the "Delaware Fire Company of Trenton." 2. And be it enacted, That the said company may increase the number of its members to one hundred and fifty. 3. And be it enacted, That the capital stock of said company may be increased to the sum of twenty-five hundred dollars. 4. And be it enacted, That all provisions of the act to which this is a supplement, inconsistent herewith, be and the same are hereby repealed. Approved February 18, 1856. Corporate name changed CHAPTER XX. SUPPLEMENT to an act entitled "An act to incorporate the Newton Presbyterial Academy," approved February twelfth, eighteen hundred and fifty-two. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the corporate name of the Presbyterial Academy, at Newton, be and the same is hereby changed to the "Newton Collegiate Institute," and by that name the said corporation shall sue and be sued, and possess and enjoy its present rights, privileges, property and franchises, and be subject to all its present liabilities. Approved February 19, 1856. CHAPTER XXI. À SUPPLEMENT to an act entitled "An act to incorporate the Martinville Mining Company." name chang 1. BE IT ENACTED by the Senate and General Assembly of the Corporate State of New Jersey, That the body corporate created by the ed. act to which this is a supplement, shall hereafter be known and designated by the name of the "New Jersey Consolidated Mining Company." vested in as 2. And be it enacted, That all the powers, rights and privi- Powers, &c., leges which are by said act vested in William R. Tucker and sociates. his associates, shall be and the same hereby are granted to and vested in William Tucker and his associates. capitai stock. 3. And be it enacted, That the capital stock of said corpora- Amount of tion shall be one hundred thousand dollars, with liberty to increase the same two hundred thousand dollars, to be divided into shares of ten dollars each, to be paid by the subscribers in instalments not exceeding five dollars each, which instalments shall be paid in the manner prescribed by the act to which this is a supplement. ings. 4. And be it enacted, That the directors of said corporation Special meetshall have power to hold such special meetings of their board at the city of New York, in the state of New York, as a majority of their number may direct. 5. And be it enacted, That all the provisions of the act to which this is a supplement, which in any wise conflict with this act, are hereby repealed. Approved February 20, 1856. Part of form ed. er act repeal Penalty for injuring works. Proviso CHAPTER XXII. SUPPLEMENT to "An act to incorporate the Bordentown Reservoir and Water Company," approved February sixth, eighteen hundred and fifty-five. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That if any person or persons shall wilfully do, or cause to be done, any act or acts whatever, thereby to injure any reservoir, conduit, pipe, cock, machine or structure whatsoever, or anything appertaining to the works of the said corporation, whereby the same may be stopped, obstructed or injured, the person or persons so offending shall be considered guilty of a misdemeanor, and being thereof convicted, shall be punished by fine not exceeding three hundred dollars, or imprisonment at hard labor not exceeding two years, or both; provided, such criminal prosecution shall not in any wise impair the right of action for damages by a civil suit, hereby authorised to be brought for any such injury as aforsaid, by and in the name of the said corporation, in any court of the state having cognizance of the same. Approved February 20, 1856. Names of CHAPTER XXIII. AN ACT to incorporate the Cooper's Point and Philadelphia Ferry Company 1. BE IT ENACTED, by the Senate and General Assembly of the State of New Jersey, That Joseph W. Cooper, Samuel R. Lippincott, John C. DaCosta, Joseph Ellis, Walter D. Bell, Isaac H. Wood, Benjamin W. Cooper, and their associates, and all other persons who shall become subscribers and owners of the capital stock hereby created, shall be, and they and their successors and assigns are hereby made and declared to be a corporation and body politic, by the name of " the Cooper's Point and Philadelphia Ferry Company." capital stock. 2. And be it enacted, That the capital stock of said company Amount of shall be one hundred thousand dollars, divided into shares of one hundred dollars each, and shall be subscribed for and paid in at such time or times, in such manner, and in such instalment or instalments, and upon such notice, as the said company may, by their by-laws or otherwise, direct or appoint; and in case of a failure by any stockholder to pay his or her instalment or instalments at the time and place mentioned and appointed for the payment thereof, such stockholder shall incur a forfeiture of his or her shares, and all previous payments thereon, for the use of said company. ferable. 3. And be it enacted, That the capital stock of said company Stock trans. shall be deemed and considered personal property, and shall be transferable in such way as the by-laws of said company may direct; that every share of stock shall be entitled to one vote, by the holder or holders thereof, which may be given in person or by proxy; and that the board of directors of said company may at any time hereafter increase their capital stock to any amount not exceeding two hundred thousand dollars. ors. 4. And be it enacted, That the affairs of the said corporation First directshall be managed by seven directors; Joseph W. Cooper, Samuel R. Lippincott, John C. DaCosta, Joseph Ellis, Walter D. Bell, Isaac H. Wood, and Benjamin W. Cooper are hereby appointed the first directors, who shall serve until the first Monday in January next, and until others are elected; and the said directors, or a majority of them, shall assemble as soon as convenient after the passing of this act, and appoint one of their number to be president of the said corporation, who shall be a resident of this state, and who shall serve for one year; should a vacancy at any time occur in the board of Vacancies directors, by death or otherwise, the remaining directors, convened at the next succeeding meeting, shall appoint a director to fill such vacancy until the next annual election; Provi how supplied |