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Provisions of the act extended.

certificate, by making a supplemental certificate of such in-crease, under the hands and seals of the stockholders, or o their legal representatives; which shall be proved or acknowledged and recorded in the manner prescribed for the original certificate in the act to which this is a supplement; provided, that for all stock issued under such supplemental certificates, such company, its directors and stockholders, shall be entitled to all the benefits, and subject to all the liabilities and restrictions, contained in the act to which this is a supplement; and provided also, that the capital stock issued under such supplemental certificates shall not in the aggregate exceed the amount of stock specified in the original certificate.

2. And be it enacted, That the provisions of this act and the act to which this is a supplement shall be extended to mining companies.

3. And be it enacted, That this act shall take effect immediately.

Approved February 4, 1848.

I'nion dis

AN ACT to authorize the establishment of union district schools within the city of Burlington.

1. BE IT ENACTED by the Senate and General Assembly of trict trustees the State of New Jersey, That it shall and may be lawful for the trustees of the school district composed of the city of Burlington, and "the managers of the school fund for the education of youth in the city of Burlington," to unite their care and labour, and the funds under their control, respectively, for the purpose of promoting, in the most effectual manner, the good education of youth in said district; and that the bodies so united shall be known by the name of "the Union District Trustees."

Organization

of

2. And be it enacted, That the said the Union District and powers Trustees shall organize themselves by the appointment, from and officers. their own bodies, of a president, secretary, and treasurer, and shall have power to make such by-laws, for their own government and the regulation of the school, as they may deem expedient, not incompatible with the laws of the United States or of this state; the secretary, under the direction of the board, shall keep regular minutes of the proceedings of the trustees;

the treasurer shall enter into bond to the mayor, recorder, aldermen, and commonalty of the city of Burlington, with one or more securities, to be approved by the mayor, for the faithful performance of his duties, and he shall receive all moneys arising from or belonging to the consolidated fund created by this act; and all which moneys shall be appropriated by the board of trustees, and shall be drawn for by the president, by order of the board; and a regular account of the money so received, drawn for, and paid shall be kept by the treasurer; and, to enable the town superintendent to perform the duties required of him by the thirteenth section of the act entitled, "Act to establish public schools," he may, at all proper times, have access to such accounts, and, if he shall require it, be furnished with copies of the same.

treasurer of

trustees.

3. And be it enacted, That the town superintendent for the Moneys to be township of Burlington, or whatever person or persons may be paid over to hereafter by law appointed to perform like duties, shall pay the board of over to the said treasurer all moneys which shall come into his hand which shall be appropriated to the district composed of the city of Burlington, and such payment shall discharge him from any further liability for said moneys; the superintendent shall advise and consult with the board of trustees and with the teachers of the school in relation to the condition and management of the schools, and see that all teachers employed are licensed according to law, and shall make his report thereof in the manner prescribed, as to other district schools, by the act herein before mentioned.

tion may be

4. And be it enacted, That the Union District Trustees shall Fees for tuihave power, if they think proper to do so, to require from each demanded. pupil in any of the schools (except the lowest grade or primary school, which shall be free,) such tuition fee, not exceeding two dollars per quarter, as they shall deem requisite to sustain the school, as herein provided for.

void in said

5. And be it enacted, That so much of the act entitled, "An Part of foract to establish public schools," as is incompatible with this act to d act, be void and of no effect within the district composed of district. the city of Burlington as aforesaid, but that all other parts of the said act are continued in full force.

6. And be it enacted, That this act shall take effect immedi ately.

Approved February 4, 1848.

Names of

AN ACT to incorporate the Commercial Transportation Company.

1. BE IT ENACTED by the Senate and General Assembly of corporators. the State of New Jersey, That William Grant, Samuel S. Stryker, Courtland Yardley, and their associates, proprietors of the line of transportation barges plying through the Delaware and Raritan Canal between Philadelphia and Albany, called "the Commercial Line," be, and they are hereby made and created a body politic and corporate in law, by the name Style of in- of "the Commercial Transportation Company," for the purpose of transportation, by land and water, to, from, and between ports and places in this state, and beyond the limits thereof.

corporation.

Amount of capital.

What real

property

2. And be it enacted, That the vessels and other property of said proprietors now belonging to said line, and those now being constructed, shall constitute the capital stock with which said company may commence business; said stock may be divided into shares of five hundred dollars each, which shall be deemed personal property, and be transferable as the by-laws may direct; the company may, from time to time, increase their capital stock to an amount not exceeding in the whole one hundred thousand dollars.

3. And be it enacted, That, for carrying out the purpose and personal mentioned in the first section, the said company may use the may be held. vessels and other property they now have, and may, from time to time, procure and use such additional vessels and such vehicles, motive power, and other personal property, as may be needed for carrying on the transportation business aforesaid; they may also purchase, hold, and convey so much real estate as may be necessary for the proper transaction of their business.

Officers,
how elected.

Place of bu siness.

4. And be it enacted, That the business of the company shall be under the control of a board of five directors, who shall be elected by the stockholders at such times and places, and for such terms, as the by-laws may provide; the directors shall elect a president, secretary, and treasurer; all other officers and agents shall be appointed in such manner and for such terms as the by-laws may direct; in all elections and other questions each stockholder shall have one vote for every share of stock belonging to him, which vote may be given in person or by proxy.

5. And be it enacted, That the office and records of the company shall be kept at the city of Trenton; that the directors shall at all times keep, or cause to be kept, at their office proper books of account, in which shall be entered the trans

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actions of said corporation, which books shall at all times be subject to the inspection of the stockholders of the company; and the president and a majority of the directors thereof, shall at all times be residents of this state.

6. And be it enacted, That this act shall have all the powers and privileges, and be subject to the restrictions, limitations, and conditions, as are specified and contained in the act entitled, "An act concerning corporations," approved February fourteenth, eighteen hundred and forty-six.

Approved February 4, 1848.

Conceded

powers.

A further supplement to the act entitled, "An act to incorporate the New Jersey Railroad and Transportation Company," passed the seventh of March, one thousand eight hundred and thirty-two.

1. BE IT ENACTED, by the Senate and General Assembly of Capital stock the State of New Jersey, That the capital stock of the New increased. Jersey Railroad and Transportation Company be, and the same is hereby increased five hundred thousand dollars; and the additional capital hereby created shall be part of the capital stock of said corporation, divided into shares of fifty dollars each, held and transferred in the same manner, entitled to the same privileges and benefits, and subject to the same annual tax, as the capital stock created by the act to which this is a supplement is now or may hereafter be subject to.

stock to be

2. And be it enacted, That the said additional stock shall be Additional allotted ratably among the stockholders of said company, in allotted ratsproportion to the number of shares held by them respectively,' thirty days prior to the time for subscribing for such new stock; provided always, that nothing in this act contained shall be so construed as to extend or enlarge any of the privileges or franchises mentioned in the act to which this is a supplement, except only so as to increase the capital stock of said company to the amount aforesaid.

take effect.

3. And be it enacted, That this act shall not go into effect Act, when to until the board of directors of the New Jersey Railroad and Transportation Company shall certify their acceptance of the same, as a supplement to and part of the charter of said company, under the hands of the president and secretary, and the

B

corporate seal of said company, and file the same in the office of the secretary of state, a certified copy of which acceptance the secretary of this state shall cause to be published, in connection with this act, among the laws of this state; which publication shall be deemed competent and plenary evidence of such acceptance.

Approved February 4, 1848.

Preamble.

Commission.

real estate.

AN ACT to appoint commissioners to make partition of the real estate of John Bennet, late of Somerset county, deceased.

WHEREAS it has been represented to the legislature, by the petition of Henry Bennet and Marquis Bennet, that John Bennet, by his last will and testament, devised the one half of his real estate, in fee-simple, to his son Henry Bennet, and the possession of the other half to his son Marquis, during his natural life, and after his death to descend to his heirs for ever; and whereas, it has been represented further, that no partition can be made of said real estate, between the said Henry Bennet and Marquis Bennet, that will be permanent and binding upon the heirs of the said Marquis; but, upon his death, his heirs may require and obtain a new and different division of said land, in consequence whereof the said Henry and Marquis are restrained from building and otherwise improving said lands; and whereas it is considered equitable and just, and for the best interest of all persons concerned in said real estate, that the said partition should be permanent and conclusive upon the devisees of the fee-simple-therefore, pursuant to the prayer of the said

petition,

1. BE IT ENACTED by the Senate und General Assembly of ers to divide the State of New Jersey, That Caleb C. Brokaw, Henry V. Demott, and Joseph Van Doren be, and they are hereby appointed commissioners to make partition of the real estate of the said John Bennet, deceased, into two equal shares or parts, having due regard to the situation, quantity, quality, and advantages of each part or share, so that they may be equal in value as nearly as may be; and the said commissioners shall make a true field-book, specifying the bounds of each part or share; and when the same shall be made and completed, shall

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