Proviso. Commissioners to scriptions. such time and in such manner, and in such instalments as the directors of said society may direct, and in such penalties for neglecting the payment of such instalments as the said directors shall deem advisable; and such shares shall be deemed personal property, and be transferable in such manner as the company, by their by-laws, may appoint; provided, that notice in writing shall be given to each of the stockholders of the time when the shares are required to be paid in. 3. And be it enacted, That the above named persons, or a receive sub majority of them, shall be commissioners to open books and receive subscriptions to the capital stock of said society, at such time or times, and place or places, as they, or a majority of them, may think proper, giving notice thereof at least two weeks, by publishing the same for two weeks in some newspaper published in this State, and circulating in the county of Sussex; and as soon as five thousand dollars of said stock shall be subscribed, and such amount paid thereon, a like publication for the space of two weeks shall be given for the meeting of the stockholders, to choose nine directors, who shall hold their office for one year and until others are elected. Commissioners to books and moneys. 4. And be it enacted, That the said election shall be certideliver over fied by the said commissioners, or a majority of them, who shall thereupon deliver over to said directors the subscription books and moneys paid in, at such time and place as shall be appointed by the commissioners, or a majority of them, notice whereof shall be given to the said directors, who shall be thereupon authorized to hold their first meeting. Election of directors. 5. And be it enacted, That the affairs of the society shall be managed by nine directors, to be chosen by the stockholders, annually, at such time and place, in such manner, and upon such notice as by the by-laws of said society may be directed, who shall serve for one year and until others are chosen in their stead: and the said directors shall from time to time elect a president from their body, and shall also elect and employ such other officers as they may deem necessary, and make all such by-laws, rules, and regulations as they may think proper. incorpora 6. And be it enacted, That the object of said society shall objects of be to improve the condition and breed of stock, and also tion. to improve the agricultural, horticultural, and manufacturing arts of the State, and for the carrying out and perfecting the objects of their incorporation, they shall be allowed to purchase and hold real estate and personal property sufficient for that purpose, and the same shall be held exempt from taxation. 7. And be it enacted, That this act shall take effect immediately. Approved February 12, 1858. CHAPTER XXVI. AN ACT further supplementary to an act entitled "An act establishing a militia system," approved April seventeenth, eighteen hundred and forty-six. of former ed. 1. BE IT ENACTED by the Senate and General Assembly of the Provisions State of New Jersey, That the provisions of the fourth, fifth, act extend and eleventh sections of the act entitled "An act further supplementary to an act entitled 'An act establishing a militia system,' approved April seventeenth, eighteen hundred and forty-six, which further supplementary act was approved April third, eighteen hundred and fifty-five, shall be extended over and held to include the county of Hunterdon, the same as if said county had been named in said act. 2. And be it enacted, That this act shall take effect imme diately. Approved February 12, 1858. Part of for mer act re pealed. CHAPTER XXVII. A SUPPLEMENT to an act entitled "An act to incorporate the Bordentown Machine Company," approved March twentieth, eighteen hundred and fifty-seven. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That so much of the third section of the act to which this is a supplement, as requires fifty thousand dollars of the capital stock of the said company to be subscribed before commencing business, is hereby repealed, and it shall be lawful for the said company to commence business when twenty-five thousand dollars of said stock is subscribed and paid in. 2. And be it enacted, That this act shall take effect immediately. Approved February 12, 1858. CHAPTER XXVIII. A SUPPLEMENT to the act entitled "An act constituting courts for the trial of small causes." summons. 1. BE IT ENACTED by the Senate and General Assembly of Return of the State of New Jersey, That all process of summons hereafter issued by any justice of the peace in this State, shall be made returnable between the hours of nine o'clock in the forenoon and three o'clock in the afternoon; and when any suit brought before any justice shall be adjourned, such adjournment shall be made to some hour between the hours of nine o'clock in the forenoon and three o'clock in the afternoon; provided, that nothing herein contained Proviso. shall prevent any suit from being adjourned to such hour as may be mutually agreed upon by the parties thereto. paid in cases 2. And be it enacted, That upon an appeal being demanded Costs to be from the judgment of any justice of the peace in this of appeal. State, such appeal shall not be allowed, until the party applying for the same shall, in addition to the matters now required by law, pay to said justice all costs incurred by him, except such as shall be adjudged to the prevailing party. entered in 3. And be it enacted, That it shall be the duty of the Costs to be justice before whom any judgment is rendered, to make docket. out and enter upon his docket a full bill of costs in the case, specifying each item, and the fees for the same, and the amount paid him by each party; and for so doing, such justice shall be allowed ten cents, to be paid by the party against whom such judgment shall be rendered. Approved February 12, 1858. 4 Part of former act re pealed. Assignments to be recorded. CHAPTER XXIX. A SUPPLEMENT to an act entitled "An act to incorporate the Hillsborough 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the eighth section of the act incorporating "The Hillsborough Mutual Fire Assurance Association," be and the same is hereby repealed. 2. And be it enacted, That if any person insured by the said corporation, shall convey or assign the property insured, it shall be lawful for such person to assign to the purchaser the policy of insurance; but the corporation shall not be bound by such policy after such assignment, unless such assignment shall be recorded in the books of the corporation and certified on the policy, within twenty days after the date of said assignment. 3. And be it enacted, That this act shall go into effect immediately. Approved February 12, 1858. |