OF THE SIXTY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF NEW JERSEY, AT THE SESSION BEGUN AT TRENTON ON THE TWENTY-FOURTH DAY OF OCTOBER, EIGHTEEN HUNDRED AND FORTY-THREE. Being the Second Sitting. FREEHOLD: PRINTED BY BERNARD CONNOLLY. ACTS OF THE SIXTY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF NEW JERSEY. AN ACT to facilitate the improvement of the Paterson and Hudson River Rail Road. WHEREAS, it is represented by the petition of "The President and Directors of the Paterson and Hudson River Rail Road Company," that they have negotiated an arrangement for the purchase of iron, for improving Preamble. rail road, by agreeing to issue the bonds of the company, to bear six per cent. interest per annum, and to be secured by mortgages upon the property, and franchises of the company; but that doubts have arisen whether they have sufficient powers to make such bonds and mortgages; and they thereupon, having requested legislative aid in the premises, therefore issue bonds. Sec. 1. BE IT ENACTED by the Council and General Assembly of this State, and it is hereby enacted by the au- Directors to thority of the same, That it shall and may be lawful for the Board of Directors of "The President and Directors of the Paterson and Hudson River Rail Road Company," May hypothecate Rail road. to issue bonds of the said Company to the amount of one hundred thousand dollars, for no less denomination than five hundred dollars, for the purpose of buying iron and of borrowing money, payable to the owners, or bona fide holders thereof, at such times as to them shall appear expedient, and can be agreed upon, bearing an interest of six per centum per annum; and for securing the due payments of the bonds, with the interest to accrue thereon, it shall and may be lawful for them to pledge or hypothecate, by way of mortgage, trust or otherwise, "The Pat erson and Hudson River Rail Road," with all its appendages and appurtenances, and all the lands, tenements, premises, chartered rights, franchises, and privileges belonging to the said company; and such pledges, hypothecations, mortgages, or trusts, shall be valid for the secu rity of the due payments of all bonds, with the interest thereof, which may be intended to be secured thereby, and of all new bonds which may be issued upon the cancellation of any original bonds; and in case a default shall be made in the payment of any bonds so issued, or of the interest thereof, the person or persons, body. politic or corporate, or legal representatives, or assigns, claiming under any such pledge, hypothecation, mortgage or trust, may by due process of law, acquire, and have, hold, use, enjoy, or sell the said rail road, with its appendages, and appurtenances, and the property of the said company; and they, or any purchaser or purchasers thereof, may enjoy and dispose of the property, and may take and receive the tolls, issues and profits of the said rail road, and enjoy the rights of said company, during the whole residue of the term for which the said company is chartered, in as full and ample a manner as the stockholders of the said company, could, or might have dis posed of, used and enjoyed the same; subject nevertheless, to all the restrictions, limitations, impositions and Act when to conditions, which are upon the said company. take effect. Sec. 2. And be it enacted, That this act shall go into operation immediately upon the passage thereof. Passed, January 18, 1844. AN ACT for the relief of William Robinson and Isaac released from Sec. 1. Be it enacted by the Council and General Assembly of this State, and it is hereby enacted by the au- W. Robinson thority of the same, That William Robinson of the county and J. White of Salem, and Isaac White of the county of Gloucester, recognizances be, and they are hereby released from their respective recognizances, entered into, before John Moore White, Esquire, an associate Justice of the Supreme Court, on the thirty-first day of October, A. D. 1842, for the appearance of John Pedrick, before the next Court of Oyer and Terminer, of the county of Gloucester, at Woodbury, in the said county, and also, from the judgments obtained against them in the Circuit Court of the county of Gloucester, on the said recognizances, and from the payment of any monies, to which the said William Robinson and Isaac White, or either of them, have become liable, by the forfeiture of said recognizance, or the judgment rendered in consequence thereof, provided that the said Proviso. William Robinson and Isaac White shall not hereby be exonerated from the costs of the suits on said recogni zances. Passed, January 19, 1814. AN ACT to incorporate the Mount Pleasant Cemetery Sec. 1. BE IT ENACTED by the Council and General |