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1. And be it enacted, That this act shall go into effect immediately.

Approved March 15, 1859.

CHAPTER CXIV.

An Act for the relief of the Mount Hope Cemetery Association of Lambert

ville, incorporated February seventeenth, eighteen hundred and fortyeight.

may hold

1. BE IT ENACTED by the Senate and General Assembly of Association the State of New Jersey, That the Mount Hope Cemetery land. Association be and they are hereby authorized and permitted to purchase and hold any quantity of land not exceeding fifteen acres, any provision in the act by which they were incorporated to the contrary notwithstanding.

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

Approved March 15, 1859.

CHAPTER CXV.

An Act for the relief of Abraham A. Vansycle, of the county of Sussex.

Pension to
A. A. Van

per annum.

1. BE IT ENACTED by the Senate and General Assembly of sycle of 850 the State of New Jersey, That the treasurer of this state be,

and he is hereby authorized and required to pay to Abraham A. Vansycle, of the county of Sussex, who was a sol. dier in the war of eighteen hundred and twelve, or to bis order, the sum of fifty dollars per annum, during the term of his natural life, in equal semi-annual payments of twenty-five dollars each, the first payment to be made on the first day of July next.

Approred March 15, 1859.

CHAPTER CXVI.

Ax act to incorporate the Kaighn's Point and Philadelphia Ferry

Company.

Names of corporators.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That John M. Kaighn, Stephen Coulter, Joel Bodine, Genge Browning, Henry Allen, John Cooper, Charles Kaighn, and their associates, and all other persons who shall become subscribers and owners of the

ferable.

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 Kaighn's Point and Philadelphia Ferry Company."

2. And be it enacted, That the capital stock of said com- Amount of pany shall be one hundred thousand dollars, divided into stock. 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 a 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.

3. And be it enacted, That the capital stock of said com- Stock transpany 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) 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.

4. And be it enacted, That the affairs of the said corpora- First direction shall be managed by seven directors; John M. Kaighn, Stephen Coulter, Joel Bodine, Genge Browning, Henry Allen, John Cooper, and Charles Kaighn, are hereby appointed the first directors, who shall serve until the Second 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 passage 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 directors, by death or otherwise, the remaining directors, convened at the next succeeding meet

tors.

Proviso.

Annual election of directors,

ing, shall appoint a director to fill such vacancy until the next annual election; provided always, that no person shall be a director who is not a stockholder, and at least four of the said directors shall be citizens of the state of New Jersey.

5. And be it enacted, That there sball be an annual election of directors held, at some place in the city of Camden, on the second Monday in January next; and that all subsequent annual elections of directors shall be held at such time and place, of which time and place notice shall be given by publishing the same in one of the newspapers printed in said city, at least four weeks previous to the day of such election; and the board of directors shall appoint the judge of such elections; but if it should happen that an election of directors should not be had on the said second Monday in January next, or at the time appointed for the holding of any subsequent annual election, the said company shall not for that cause, be deemed to be dissolved, [but such election shall not for that cause be deemed to be dissolved], but such election shall be held at such other time and place as the board of directors for the time being shall or may appoint; and the directors for the time being shall continue in office until others shall be elected in their stead; and every board of directors, as soon as conveniently may be after their election, shall appoint from their number a president of said company, who shall be a resident of this State, and serve until the next annual election of di. rectors and another shall be appointed in his stead; that the said president shall preside at all meetings of the board, except in cases of his absence, when any other of the directors present may be chosen president pro tempore; and all stated meetings of the board shall be held at such times and places as the by-laws may ordain; and special meetings may be held by appointment of the board or upon the call of the president.

6. And be it enacted, That the board of directors shall have power to erect a steamboat ferry between Kaighn's Point, in the city of Camden, and Philadelphia, at such

Company authorized to erect ferry.

ferriage.

place or places as may best serve the public convenience and interest of the said corporation ; and for that purpose may purchase or lease real estate, erect wharves, piers, slips, buildings, and all other necessary appendages, and may build or purchase steamboats, vessels, and ferry boats, of such description and dimensions as said board shall order and direct; provided always, that it shall be the duty of the Proviso. said corporation to keep a steamboat or boats running all the year for the accommodation of the public; and they shall not fail or refuse to carry any person or persons across the Delaware river in the day time, under the penalty of fifty dollars for each failure or refusal, to be sued for by the party demanding and refused to be taken across the said river, in any court of record in this state; provided, Proviso. the said forfeiture shall not attach or be recovered when the navigation of the said river is impracticable or immi. nently dangerous.

7. And be it enacted, That it shall not be lawful for the Rates of said corporation to charge more than the following rates of ferriage or toll, under the penalty of ten dollars for each offence, to be sued for, in any court of competent jurisdiction, by the party aggrieved, to wit, for nine months in the year, as follows:For each passenger, five cents. Single passengers, in wherry, ten cents. For marketing, a barrel to be rated equal to two bushel baskets; tubs, chests, and scow baskets to be rated according to the number of bushels they hold, for each búshel; all articles having contained marketing to return free, if empty, otherwise to pay the usual rates. For a two-horse load, with or without the carriage, not

otherwise rated, twenty-five cents. A barrel of salt, plaster, flour, sugar, liquor, &c., eight

cents. A hogshead of liquor, sugar, molasses, lime, &c., twenty

five cents. Stove of cast iron, of six or more plates, ten cents.

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