[No. 108.] AN ACT To incorporate "The Grandom Institution." WHEREAS, Hartt Grandom, late of the city of Philadelphia, deceased, having devised and bequeathed all his estate, to the executors named in his last will, dated the twenty-third day of July, one thousand eight hundred and thirty-three, by a letter of instructions to his executors, expressed a wish that they should transfer to an incorporated or benevolent society, all the ground rents he might own at his decease, end other suita ble property, so as to make the clear annual income about fifteen hundred dollars, to be an annual permanent fund, to alleviate the most prudent of the poor (but not the intemperate) in procuring fuel, clothing, and other necessaries, which such persons want in winter, of which only the income should be expended, and not to be lessened, but to remain, to produce a regular annual income for said purpose. Preamble And whereas, The said Hartt Grandom, further in like manner declared, that he had long desired that a society were established in the city of Philadelphia, composed of discreet members, who feel an interest in the moral and religious welfare of young men who arrive at manhood, and want assistance 2d preamble to commence the various vocations they have learned, and whose parents are unable or unwilling to aid them, whereby they sustain loss, and feeling it to be his duty to commence such an institution, the said testator directed that if an incorporated, or other society, should be formed at his decease, or within one year thereafter, such as should be approved by his executors, and those whom they should consult, and embrace the views of the testator, a conveyance should be made to it either of the real or personal property, worth about twenty thousand dollars. And whereas, The following persons have agreed to form themselves into a society, to carry into effect the benevolent views of the said testator, and others may join them for those purposes, and have prayed the legislature to incorporate them. SECTION 1. Be it enacted by the Senate and House of Rep resentatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That John Sergeant, Thomas P. Cope, Stephen Simmons, Richard Price, Joseph Warner, Philip Garrett, 3d preamble William Yardley, junior, Joseph Price, junior, John M. Ogden, John M. Fraley, Michael M'Grath, John H. Cresson, Townsend Sharpless, Thomas Evans, James Martin, Thomas Earp, William M. Meredith, Henry J. Williams, William B. Corporators Reed, George M. Justice, William Walton, Thomas B. Longstreth, Matthew W. Baldwin, Samuel V. Merrick, George Pennock, George Handy, Samuel Townsend, James S. Newbold, Dillwyn Parrish, James Mott, Eli K. Price, M. C. Shalcross, Isaac W. Norris, Windham Stokes, George W. Smick, Frederick Sorber, John M. Justus, James Ronaldson, Joseph C. Neal, George N. Baker, Henry Lentz, Michael Baker, John Foulkrod, Joseph Yeager, Philip Voutier, James M. Linnard, Robert L. Loughead, and Kenderton Smith, and all other persons who shall become contributors agreeably to the provision hereinafter contained, be and they are hereby incorporated into a society, by the name and title, of "The Grandom Institution," and by that name shall have perpetual succession, with power to have a common seal, and to change the same at pleasure, to make contracts relative to the objects of the institution, to sue and be sued, and by that name and title, be capable in law, of taking, holding, mortgaging, and conveying any estate, real or personal, stocks, bonds, mortgages, and other securities, the annual income of which shall not exceed twenty thousand dollars, to be appropriated to no other objects than those expressed in this act of assembly. Name Seal Powers and privileges By-laws SECTION 2. That the said incorporated society may establish by-laws rules and regulations for its government, not inconsistent with the constitutions and laws of the United States and of this Commonwealth, nor the designs of the said testator expressed as aforesaid. SECTION 3. That the members of the said institution shall Contributors consist only of such persons as shall annually contribute to only members the treasurer three dollars, or who shall at any time pay twenty dollars as a contribution for life. Managers Annual election SECTION 4. That the affairs of the institution shall be conducted by a board of managers, to consist of fifteen contributors, five of whom shall be a quorum to do business, to be elected annually by ballot, on the first Monday in December, by the contributors, who shall at least one month before the election, have paid the full amount of their contributions; and at the same time, a treasurer and two auditors shall be elected Treasurer, &c by said contributors, and the managers elect shall at their first meeting, organize by choosing one of their number president, and appoint a secretary: Provided, That a failure to elect on the day named, shall not dissolve the said corporation, and the election may be held on another day, and all officers and managers shall continue until their places be supplied. Fifteen days notice shall be given, in at least two newspapers, three Proviso Notice of election times a week, of the annual election of managers, or by written or printed circulars, sent to the residences of the contribu tors. Officers Accounts SECTION 5. That the said managers shall appoint all such officers and assistants, as they may think necessary to carry into effect the objects of this institution, and the same to remove at pleasure, and they shall cause distinct accounts to be kept of the property received, held, and expended by them, for the two different objects contemplated by said testator, as recited in the preamble hereunto, and so in like manner of all donations, devises, and bequests hereafter to be made to the said society, for either or both of said objects, and the life and annual contributions after payment of the expenses of the Donations, institution, shall be equally applied to said objects, and so bequests, &c with all other donations, devises, and bequests, when no preference shall be indicated for one purpose more than the other. SECTION 6. That in order to preserve the principal fund for such object unimpaired, the assistance rendered to young men commencing business, shall be by loans, to be approved by the managers, out of the interest, rents, and profits, to be deri-Money ved from the estate devised and bequeathed as aforesaid, and no loan shall continue with the same person longer than five years, nor be a greater amount than five hundred dollars, and be at such rate of interest as may be fixed by the managers, not exceeding the lawful interest. Object SECTION 7. That said corporators may organize on the first Monday of any month after the passage of this act, upon the Organization notice hereinbefore prescribed, and elect their managers, and the managers in the time being, shall exercise the powers conferred by this act of incorporation, and report their proceeddings to the contributors at the annual election, and as often as may be reqiured by them when duly convened. WM. A. CRABB, Speaker of the House of Representatives. Speaker of the Senate. APPROVED-The twenty-third day of April, A. D. eigh teen hundred and forty-one. DAVID R. PORTER. sell real estate cribed [No. 109.] AN ACT To authorize Isaac Davis and others, Trusteers under the Will of John Pemberton, deceased, to sell and convey certain Real Estate, and for other purposes. SECTION 1. Be it enacted by the Senate and House of Rep resentatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That Isaac Davis, John Paul, Israel W. Morris, Trustees un-William Evans, and Daniel B. Smith, trustees under the will der will of J. of John Pemberton, deceased, dated April first, one thousand Pemberton, to seven hundered and ninety-four, and duly proved and registered according to law, in the city of Philadelphia; and all trustees hereafter to be appointed in their place and stead, or in the place and stead of any of them, and the survivors and survivor of them, shall be and they hereby are authorized and empowered to exchange, grant, bargain and sell, in fee simple or for any other or lesser estate, and to let on ground rents redeemable or irredeemable, all or any part or parts of the lot or piece of ground formerly of the said John Pemberton, situate on the Wissahiccon road, then in the Northern Liberties, now Property des- in the district of Spring Garden, containing about three acres of pasture land, bounded north-easterly by the sail road, southeasterly by Plumstead's lane, south-westerly by a run of water, dividing it from his, the said John P. mberton's other land, which said run of water was to be left for the accommodation of this lot and the lot adjoining on the southward, being the same premises which the said John Pemberton devised in trust for the use, benefit and service of Friends, members of the same religious society with himself, for the accommodation of the horses of such Friends who may attend the yearly meeting, the quarterly meeting of Philadelphia, the meeting for sufferings, or other religious service of said religious society, from what parts soever they may come, and all other lands, tenements, and hereditaments received in exchange for the premises or any part or parts thereof, upon such terms and conditions, under such rents and reservations, and for such price or prices as to the said trustees for the time being may seem expedient, and good and sufficient deeds, conveyances, and assurances, and other instruments requisite and necessary to vest in the purchaser or purchasers or other persons entitled thereto, good and valid titles for the same, free and discharged from every trust and confidence whatever, to make, seal, execute and deliver. SECTION 2. That the said trustees for the time being, and the survivors and survivor of them, shall have full power and Trustees may authority to accept and receive all lands, tenements, and here-receive conditaments taken and conveyed in exchange for the premises veyance aforesaid or any part thereof; and all bonds, mortgages, securities, moneys, and other considerations given or paid for the same, or for any part or parts thereof, and sufficient receipts and discharges to the grantor or grantors, purchaser or purchasers thereof, to make, execute and deliver, so that neither they nor any of them shall be required to see to or be responsible for the application or misapplication of the same, or any portion thereof. SECTION 3. That the said trustees for the time being, and Proceeds the survivors and survivor of them, shall be and they hereby how invested are authorized and required, to invest all the moneys and other valuable considerations received for the premises aforesaid or any part of them, in bonds and mortgages, ground rents and other real securities, or in the stocks or loans of the city or county of Philadelphia, or of the State of Pennsylvania, with full power to sell and convey, alter, invest, re-invest, and transfer the same at their or his discretion, as often as may be necessary or expedient. SECTION 4. That the said trustees for the time being, and the survivors and survivor of them, shall stand, and be seized Extent of and possessed of all lands, tenements, and hereditaments, and trust all other real or personal estate, taken and received by them for and in consideration of the exchanges, grants, sales, leases, transfers and conveyances hereinbefore mentioned and referred to under and upon the same or like trusts, and for the same or like purposes as those in the will of the said John Pemberton, contained and set forth in relation to the large lot of ground hereinbefore described, and under and upon no other trusts, and for no other purposes whatever. SECTION 5. That the court of quarter sessions of the county Exclusive ju of Philadelphia, shall have and exercise exclusive jurisdiction risdiction of within the city and county of Philadelphia, of all business court Quarter under the acts of assembly of this Commonwealth, relating to Sessions, Phi. roads, highways and bridges, and all records and proceedings co in certain unfinished or undisposed of at the passage of this act, relating' to roads, highways and bridges as aforesaid, in the court of general sessions for the city and county of Philadelphia, shall be certified and transferred to the said court of quarter sessions, and considered and disposed of as if they had originated therein. SECTION 6. The constables of the respective wards, dis- Constable's tricts and townships in the city and county of Philadelphia, return of reshall make return of the retailers of liquors and venders of tailer of liq'ors foreign merchandize within their respective wards, districts and venders of and townships, to the court of quarter sessions for the county |