officers. 4. And be it enacted, That the election for officers of the Election of said company shall be annually on the first Monday of September, and shall be by ballot. 5. And be it enacted, That this act shall be deemed a public Public act. act. Approved March 20, 1857. CHAPTER CXXI. AN ACT for the relief of William Weeks, of the county of Cape May. lars per annum. 1. BE IT ENACTED by the Senate and General Assembly of Treasurer to the State of New Jersey, That the treasurer of this state pay fifty dolshall, and is hereby authorized and required to pay to William Weeks, of the county of Cape May, a soldier of the war of eighteen hundred and twelve, between the United States and Great Britain, the sum of fifty dollars per annum, to be paid half yearly, the first payment to be made on the passage of this act; and the receipt of the said William Wecks, or his order, shall be a sufficient voucher to the treasurer for such sum or sums of money as he may pay by virtue of this act in the settlement of his accounts. 2. And be it enacted, That this act shall go into effect immediately. Approved March 20, 1857. Company au- red stock. CHAPTER CXXII. A SUPPLEMENT to an act entitled "An act to incorporate the Princeton and Kingston Branch Turnpike Company," passed December third, eighteen hundred and seven. 1. BE IT ENACTED by the Senate and General Assembly of issue prefer the State of New Jersey, That the Princeton and Kingston Branch Turnpike Company be and they are hereby authorized and empowered to convert six hundred shares of their unissued capital stock into an equal number of shares of preferred stock, the holders of which preferred shares shall be entitled to receive on the same, out of the first net earnings of the company, at the rate of eight per cent. per annum, payable semi-annually, before any dividends of profits are paid to the other shareholders; provided, that the holders of the preferred stock shall be entitled to share equally with the holders of the original stock, any and all net profits that may remain after six per cent. shall have been divided upon the present capital of the company. Proviso. Holders of entitled to subscribe. Proviso. 2. And be it enacted, That each holder of the original original stock stock of the Princeton and Kingston Branch Turnpike Company shall be entitled to subscribe to the preferred stock in proportion to the amount of original stock held by him or her; provided, that so much of the preferred stock as shall not have been subscribed for by the holder of the original stock, may be sold either to the subscribers to the preferred stock, pro rata, or at private or public sale, as the directors of the company may think proper, and upon the best terms. they can obtain for the same. Company may Part of road 3. And be it enacted, That it shall and may be lawful for said company to improve their road by McAdamizing, or otherwise, in such manner as they may see fit. 4. And be it enacted, That the said company be and they are hereby authorized and empowered to surrender and abandon to the city of Trenton all such part of said road lying within the limits of the said city of Trenton. 5. And be it enacted, That this act shall not take effect go into effect. until the consent, in writing, of a majority in interest of the Act, when to stockholders of the said company shall have been obtained and filed in the office of the secretary of state. Approved March 20, 1857. CHAPTER CXXIII. A SUPPLEMENT to the act entitled "An act to incorporate the Rahway Gas Light Company," approved February eighteenth, eighteen hundred and fifty-three. 1. BE IT ENACTED by the Senate and General Assembly of Names of corthe State of New Jersey, That so much of the first section of porators. the act to which this act is a supplement, as names the corporators, be and the same is hereby repealed, and that Josephus Shann, Isaac Osborn, Edward Y. Rogers, Joseph S. Smith, Amos C. Watson, Joseph T. Crowell, Jonathan Woodruff, Jacob R. Shotwell, and Francis Labaw, be and they are hereby substituted as corporators, in the room and stead of the corporators named in said act, to which this act is a supplement. capital stock. 2. And be it enacted, That the capital stock of the said Amount of company shall be twenty thousand dollars, with the privilege of increasing the same to fifty thousand dollars, if at any time deemed necessary for the purposes of the company. 3. And be it enacted, That so much of the act to which Part of former this act is a supplement as is inconsistent with or repugnant to the provisions of this act, be and the same is hereby repealed. 4. And be it enacted, That this act shall take effect immediately. Approved March 20, 1857. act repealed. Boundaries of borough. Penalty for violation of ordinances. CHAPTER CXXIV. A SUPPLEMENT to the act entitled "An act to incorporate the borough of Hightstown," approved March the fifth, eighteen hundred and fifty-three. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the territorial limits of the borough of Hightstown shall hereafter be all that part of the township of East Windsor, in the county of Mercer, lying within the boundaries and descriptions following, to wit: beginning at the point where the line between lands of William Poland and lands late of Kenneth Applegate, deceased, strikes the south side of the old Freehold road, heretofore a corner of said borough; thence, westerly, along the south side of said road, to the middle of the Bordentown and South Amboy turnpike; thence, northerly, along the middle of said turnpike, one hundred and twenty-eight feet, more or less, to the corner between lands of Peter E. Wilson and lands late of Anthony Wilson, (now of Benjamin Reed ;) thence along the said line of said Wilson and Reed, north, seventythree degrees and thirty-six minutes west, as the needle now points, to a stone; thence, south, thirty-eight degrees west, to a stone in the Princeton road; thence, south, sixteen and a half degrees west, over the late General Cook's property, to the middle of said turnpike; thence, easterly, to the point where the northerly line of the Milford road strikes the old York road; thence, easterly, along the said northerly line of said Milford road one hundred and fifty yards; thence, direct, to the mouth of Timber river, to the line between R. M. Jobs's land and lands late of said Kenneth Applegate, deceased; thence along the present line of said borough direct to the place of beginning. 2. And be it enacted, That it shall and may be lawful for the common council, or a majority of them, in council assembled, to enforce the observance of all such laws, ordinances, and regulations as they are authorized to pass by the act to which this is a supplement, by enacting penalties for the vio lation thereof, either by imprisonment in the jail of the county of Mercer, not exceeding ten days, or by fine not exceeding fifty dollars, recoverable with costs, in an action of debt, and in the name of the treasurer of said borough, before any justice of the peace or the mayor of said borough, for the use of the corporation of said borough. mer act re 3. And be it enacted, That so much of the act to which Part of forthis is a supplement as conflicts with the provisions herein pealed. contained, be and the same is hereby repealed. 4. And be it enacted, That this act shall take effect immediately. Approved March 20, 1857. CHAPTER CXXV. A SUPPLEMENT to the act to secure to the owners lumber found adrift in the river Delaware, approved March seventeenth, eighteen hundred and fifty-five. Act extended. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the provisions of the act to which this is a supplement, shall be extended to all rails, posts, and other valuable lumber. boats, scows, skiffs, barges or other craft which may be found adrift, or lodged on the land of any person or persons; provided, that the compen- Proviso. sation for securing any boats, skiffs, scows, barges or other craft shall be one dollar for each boat, scow, skiff, barge or other craft. Approved March 20, 1857. |