able. shall find it expedient to extend their capital, which they are authorized to do from time to time to the amount herein before mentioned. 4. And be it enacted, That the capital stock shall be deemed Stock transfer personal estate, and transferable upon the books of the said corporation; and no part of the said capital stock shall at any time, nor under any pretence whatever, be divided among the stockholders for dividends, and no dividend shall be made or paid, except from the actual profits; and each stockholder shall, in the election of directors, have one vote for each share of stock he holds in said company. 3. And be it enacted, That John W. Fenimore, Charles Stokes, Benjamin Ridgway, Richard F. Wilmerton, John Farnum, Charles Churchman, and James Martin, or any three of them, shall be commissioners, whose duty it shall be to open books to receive subscriptions to the capital stock of the said corporation, first giving two weeks' notice, in a newspaper published at Mount Holly, in the county of Burlington, of the time and place of the opening of such books, and also of the amount of the first instalment to be then paid; and as soon as the same shall be subscribed, to give a like notice for the meeting of stockholders to choose such directors, officers, and agents as may be deemed necessary for conducting the affairs of the company. 6. And be it enacted, That the directors shall at all times keep, or cause to be kept at their manufactory, proper books. of account, in which shall be regularly entered all the dealings and transactions of said corporation; which books shall at all times be subject to the inspection of the stockholders of the company. 7. And be it enacted, That in the month of May, in each year, the directors shall submit to the stockholders a written statement of the amount of capital stock paid in, and the amount of all existing debts against the company, which statement shall be published in some newspaper printed in the county of Burlington for the space of three weeks; and no dividend shall be declared or paid to the stockholders when. such payment would render the company insolvent; and the debts of the said corporation shall at no time be suffered to exceed the capital stock actually paid in. 8. And be it enacted, That no part of the capital stock, or any of the lands of the said corporation, shall at any time during the continuance of this charter be used or employed, directly or indirectly, in banking operations, or for any purpose whatever inconsistent with the provisions of this act. 9. And be it enacted, That this act shall continue in force for the term of twenty years, and the said corporation shall Limitation. possess the general powers, and be subject to the restrictions and liabilities, contained in the act entitled, "An act concerning corporations," approved the fourteenth day of February, one thousand eight hundred and forty-six, as far as the same are applicable. Approved, February 26, 1846. Supplement to an act entitled, "An act to incorporate the Mutual Fire Insurance Company of Passaic," approved April third, eighteen hundred and forty-five. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That section third of the act to which Former act. this is a supplement be, and the same is hereby so amended, amended. that, after the passage of this supplement, five directors shall constitute a quorum for the transaction of business, and that at the next, and every subsequent election, nine directors shall be chosen, who shall transact the business of said company; and that section sixth of said act be, and the same is hereby so amended as to authorize the directors to require fifty per centum of the respective premium notes to be paid, anything in the said act to which this is a supplement to the contrary notwithstanding. Approved, February 27, 1846. AN ACT providing a mode of ascertaining the population of the township of Hope, in the county of Warren. WHEREAS the people of the township of Hope, in the county Preambleof Warren, have petitioned that a mode may be provided by law for ascertaining the present population of said township, in order to determine the number of justices of the numeration. peace which it may be constitutional and lawful to elect therein-therefore, 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That Thomas Case, of the village of Mode of making Hope, in said township, shall be, and he is hereby authorized, or in case of his refusal to do the same, then Alfred Mixsell, of the same place, is hereby authorized, to take and ascertain the number of inhabitants within the said township, according to the directions of this act; the said enumeration shall be made by an actual inquiry, in person, at every dwelling-house, or by personal inquiry of the head of every family, in said township; the said enumeration shall be completed and closed by the sixth day of April next ensuing, and the person taking the same, shall, on or before that day, prepare two copies of the accurate returns of all the inhabitants of said township, which shall be made in a schedule, and shall distinguish the several families by the name of the head thereof, and one copy thereof, duly attested, shall be filed with the clerk of the county of Warren, and remain of record in his office, and the other copy, also attested, shall be delivered to the township committee of the said township; and if the person taking the said enumeration should wilfully make a false return thereof, he shall forfeit the sum of two hundred dollars, to be recoverable in an action of debt, at the suit of the overseers of the poor of said township, for the use of the poor, in any court of competent jurisdiction; and the person taking the said enumeration, shall receive at the rate of two dollars for every hundred persons in said township by him returned. Penalty for not tion, &c.. 2. And be it enacted, That each and every free person more than sixteen years of age, whether heads of families or giving informa- not, belonging to any family in said township, shall be, and is hereby required and obliged to render to the person taking the said enumeration, if requested by him, a true account, to the best of his or her knowledge, of every person belonging to such family, respectively, on pain of forfeiting twenty dollars, to be sued for and recovered in an action of debt, by the person taking the said enumeration, the one half to his own use, and the other half to the use of the said township. 3. And be it enacted, That, before entering upon the said duty, the person taking the said enumeration under this act, Oath of person shall take and subscribe the following oath or affirmation before taking enumetion some judge or justice of the peace resident in said township. as follows: "I, T. C., appointed by an act of the legislature of New Jersey, entitled, "An act providing a mode of ascertaining the population of the township of Hope, in the county of Warren," do solemnly swear (or affirm), that I will make a just, faithful, and perfect enumeration of all persons resident within the said township, and make due return thereof, agreeably to the directions of the said act, according to the best of my ability; and that I will take the said enumeration by actual inquiry at every dwelling-house, or personal inquiry of the head of every family, and not otherwise." 4. And be it enacted, That the compensation to the person Compensation, making the said enumeration, as designated in the first section how paid. of this act, shall be paid by the collector of said township, upon the certificate of the township committee, it being hereby made the duty of the assessor of said township to include the amount of said compensation in his assessments for the ensu ing year. Approved, February 27, 1846. AN ACT to divide the township of Amwell, in the county of Boundaries of 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the township of Amwell, in the county of Hunterdon, be, and the same is hereby divided West Amwell. into two separate and independent townships; and all that part of the said township of Amwell which lies west of the middle of the great road leading direct from Woodsville, by New Market and Rocktown, to the village of Ringoes, in said county, shall be, and is hereby set off into a separate township, to be called and known by the name of " the township of West Amwell;" and all that part of the said township of Amwell which lies east of the middle of the said great road leading direct Boundaries of from Woodsville, as aforesaid, to the said village of Ringoes East Amwell.. shall be, and hereby is set off into a separate township, to be called and known by the name of " the township of East Amwell." corporated. 2. And be it enacted, That the inhabitants of the said township of West Amwell shall be, and they hereby are constituted Townships ina body politic and corporate in law, and shall be styled and known by the name of "the Inhabitants of the township of West Amwell, in the county of Hunterdon ;" and the inhabitants of the township of East Amwell shall be, and they hereby are constituted a body politic and corporate in law, and shall be styled and known by the name of "the Inhabit First annual town meeting. tees to divide property. ants of the township of East Amwell, in the county of Hunterdon," and shall, respectively, be entitled to all the rights, powers, authority, privileges, and advantages, and subject to the same regulations, government, and liabilities, as the inhabitants of the other townships in the said county of Hunterdon are or may be entitled or subject to by the existing laws of this state. 3. And be it enacted, That the inhabitants of the township of East Amwell shall hold their first annual town meeting at the house of Charles W. Holcomb, at Wearts's corner, in the said township of East Amwell; and the inhabitants of the said township of West Amwell shall hold their first annual town meeting at the inn of John Menagh in the village of Mount Airy, in the said township of West Amwell; and the said townships of East Amwell and West Amwell shall hold their first, and all subsequent annual town meetings, on the day appointed by law for holding the annual town meetings in the other townships in the county of Hunterdon. 4. And be it enacted, That the town committees of the Town commit- townships of East Amwell and West Amwell shall meet on the first Monday after the next annual town meetings in said townships, at the inn now occupied by Amos Williamson in the village of Ringoes, in the said township of East Amwell, at ten o'clock in the forenoon of said day, and shall then and there, or as soon afterwards as may be, proceed by writing, signed by a majority of the members of each township committee, to allot and divide between the said townships of East Amwell and West Amwell all the property and moneys on hand or due, in proportion to the taxable property and ratables, as taxed by the assessor of the said township of Amwell at the last annual assessment; and the inhabitants of the township of East Amwell shall be liable to pay their just proportion of the debts, if any there be. Settlement of paupers. Act, when to take effect. 5. And be it enacted, That, the said township committees of East Amwell and West Amwell shall, at their first meeting, or as soon after as may be, make division by writing, signed by a majority of the members of each township committee, of the paupers at that time chargeable to the said townships, according to the place of their legal settlement. 6. And be it enacted, That this act shall take effect and be in force on and after the first Monday in April next. Approved, February 27, 1846. |