« PreviousContinue »
as upon any private person or persons, if issued by hirr her or tbem, in his her or their private and natura. capacity or capacities, and shall be assignable and negociable, in like manner as if they were so issued by such private person or persons.
XI. And be it further enacted, That it shall be lawful Calls may for the directors for the time being, to call and demand be made on the from the stockholders respectively, all such sums of
old money by them subscribed, or to be subscribed, at
such times and in such proportions as they shaliæ fit, under pain of forfeiture of their sbares and all previous payments made thereon, to the said company, always however, giving at least thirty days notice of sucb al and demand, in one of the newspapers published as
mi XII. And be it further enacted, That the present act not to be of incorporation shall in no wise be forfeited by any by non
1. non-user whatsoever, at any time before the first More
day in June, which will be in the year one thousand eight hundred and fourteen, and that it shall on that day be lawful for the stockholders above mentioned to assemble for the purpose of carrying the same into e fect, any want of notice in the manner above prescrit ed to the contrary in any wise notwithstanding.
XIII. And be it further enacted, That it shall be the Dividends dut
duty of the directors to make half yearly dividends of
XIV. And be it further enacted, That the said Rate of interest.
"poration shall not demand any greater interest on
loan or discount than at the rate of six per centum annum, unless the said loans or discounts shall be m for a longer period than ninety days, in which case said corporation shall be entitled to demand and
eive an interest not exceeding seven per centum per anum. IXV. And be it further enacted, That this act be and This is a hereby declared to be a public act, and that the same public act. e construed in all courts and places benignly and fabrably for every beneficial purpose therein mentioned.
CHAP. CLXVIII. in ACT authorizing a Dam to be built across Haerlem River.
Passed April 8, 1813. IDE it enacted by the people of the state of Newį D represented in Senate and Assembly, That it jhall and may be lawful for Robert Macomb, of the city.
R. Mê of New-York, his heirs and assigns, first obtaining the lowed to Ponsent of the mayor, aldermen and commonalty of the buil
, damacross City of New-York thereto, to build, construct, make and Härlem maintain a dam across the Hærlem river, from Bussing's river. Point, in the ninth ward of the said city, to Devoe's Point, in the town of Westchester, in the county of Westehester, which said dam may be constructed with a foundation and abutments of stone and earth, or other durable materials, leaving in the centre or other part thereof, a sufficient space for the water to pass freely through, on which space may be constructed flood gates, or other contrivances, needful to contain the waters of said river, so however that such dam shall not be built, constructed or made at or below the place where the bridge authorized to be erected and built by the Hærlem bridge company, from Bussing's Point aforesaid to Devoe's Point aforesaid, shall be erected and built with a out the consent of the said company : Provided always, That the said dam shall not be so constructed as to force or cause the water of said river to rise and overflow the salt ineadows, or other grounds lying between the said dam and Kingsbridge, or any part thereof, or cause the tide or other water, to continue or remain on said meadows or grounds, longer than the same otherwise would have done : And provided further, That if any damage or injury whatever shall accrue to the meadows or other grounds aforesaid, in consequence of the building of said dam, the said Robert Macomb, his heirs and assigns, shall indemnify and make whole the
party or parties injured, for the loss or damage sustain.
by him or them as aforesaid. ke II. And be it further enacted, That the said dan apredall shall be so made and built as to admit the passage o
boats and vessels accustomed to navigate the same, by means of a good and sufficient gate, lock, apron or other contrivance, and the said Robert Macomb, his heirs at assigns, at his or their own expence, shall keep an provide a suitable person to attend the same, so that no unnecessary delay may happen to those who may have ac
casion to pass the same with boats or vessels as aforesaid. It shall be III. And be it further enacted, That the said Robert
-Macomb, his heirs and assigns, at his or their own es. pence, shall at all times keep in good and sufficiens pair the said dam ; and in case the said gate, luck, ar other contrivance, whereby or through which bots are to pass as aforesaid, shall not be kept in sufficient repair and condition, or if the said Robert Macomb, his heirs and assigns, do not at all times keep a suitable person to attend the same, or if any delay should happen to any person who may have occasion to pass the same with boats or vessels as aforesaid through the default of the said Robert Macomb, his heirs or assigns, or their agents or servants, he or they shall forfeit for every asglect, the sum of five dollars, to be recovered, with costs of suit, by the party injured.
IV. And be it further enacted, That the said Robert R. Mas comb to Macomb, his heirs and assigns forever, shall hold, have have the and enjoy the sole right and privilege of using and em. of using ploying the waters so dammed, for milling and other the water purposes : Provided, That the assent of the mayor, al.
dermen and commonalty of the city of New York to the building and constructing the said dam herein before mentioned as herein aforesaid be first obtained by the said Robert Macomb, his heirs or assigns, before he or
they shall be authorized to build or construct the same: Proviso. Provided also, That nothing in this act contained shall
be construed to affect, injure or impair any rights, property or privileges which may be now vested by law and subsisting in John B. Coles, or in any person or persons claiming under him, or in the Hærlem bridge company,
aid then to pauld hapa
Passed April 9, 1813.
represented in Senate and Assembly, That the surer, on the warrent of the comptroller, is authorI and required to pay to Freegift Patchin the sum of
hundred and ten dollars out of any money in the sury not otherwise appropriated, in full of his pay
soldier serving in Col. Peter Zeile's regiment, the | Freegift having been taken prisoner by the enes of the United States in the late revolutionary war, he seventh day of April, one thousand seven hunI and eighty, and continued a prisoner in Canada to twenty-eighth day of November, one thousand sehundred and eighty-two, for which he has hereto: received no compensation from this state, or the ited States. .
CHAP. CL. ACT for the encouragement of American Manuictures.
Passed April 9, 1813. STHEREAS it will be of general public advan
tage, and aid the several manufacturing com- Preamble. ies incorporated in this state, as well as many privindividuals engaged in domestic manufactures, if a īpany should be established for the purpose of dising of articles solely of American manufacture,
to make loans thereon when deposited for sale: refore. · Be it enacted by the people of the state of Nenrk, represented in Senate and Assembly, That Thom- 7 storm, Isaac Marquand, Seth Capron, and all such and others er persons as now are or hereafter shall be associ- incorporI for the purpose aforesaid, be and are hereby orsed, constituted and declared a body corporate and tic, in fact and in name, by the name and style of 'he president and directors of the commission comy,” and that they and their successors, for the term style, $.c. ifteen years hereafter, shall and may have succes. ļ, and shall be persons in law capable of suing and
being sued, defending and being defended, answeri and being answered unto in all courts and places wha
soever, in all manner of actions, suits, complaints ar · causes whatsoever, and of holding and conveying re and personal estate for the use of the corporation, an that they and their successors may have a common? and may change and alter the same at their pleasure Prorided, That such real and personal estate sha) necessary for the objects contemplated by this act.
II. And be it further enacted, That the capital stock
of the said corporation shall not exceed six hundred Stock.
thousand dollars, and that a share in the stock sha) - 1 fifty dollars, and that subscriptions to the said cenital stock may be kept open at such times and places onder the direction of the president and directors, until the whole number of shares shall be subscribed, and it the said stock shall be employed solely in advancia money when requested on goods and articles manu factured within this state or the United States, excep salt manufactured within the same, and the sale o such goods and articles on commission : Provided, TW no more than lawful interest shall be charged or ceived for any money so to be advanced, and that is usual mercantile commissions, with the usual charge: and no more shall be charged or received on such sal: and that no commissions be charged or receiv: except upon actual sales: And provided also, That shall not be lawful for the said corporation to use employ any part of the said capital, nor any mond funds or effects whatsoever in the purchase or sale any goods, wares, merchandize or commodities w! ever, other than and except in advances of money Ainerican manufactures and selling the same on mission as aforesaid, nor in banking or any monied erations, nor in the purchase of sale of bills of excha or any stock or funds or this state or the United Su except in selling the same when truly pledged to
said corporation for a debt or debts due to the sa 11 Debt not III. And be it further enacted, That the total an 3times the or
e of debts which the said incorporation shall at any capitalowe shall not exceed twice the sum of the capital