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OF THE

SIXTY-SIXTH

GENERAL ASSEMBLY

OF THE

STATE. OF NEW-JERSEY.

IT A tEfi!OM BEGUM AT TRENTON ON THE TWEXTT-8IXTH DAY OP OCTOBER,

EIGHTEEN HUNDRED AND FORTY-ONE.

Being tljc first Sitting.

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SOMERVILLE:

FRINTED BY S. L. B. BALDW1W.

«

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OF THE

SIXTY-SIXTII

GENERAL ASSEMBLY

OF THE

STATE OF NEW-JERSEY.

An Act to provide for the assessment and collection of taxes
in the township of Newton, in the county of Sussex, for the
year A. D. eighteen hundred and forty-one.

Whereas John Brodrick, the present assessor of.the.township
of Newton, in the county of Sussex, by reason of -ill-bcalili, pr
bas omkted to make an assessment and duplicate of the taxes
of said township for the present year—Therefore,

Sec 1. Be It Enacted by the Council and General Jitstmbiy of this State, and it it hereby enacted by the authority of the same, That the township clerk of the said township of Newton, immediately after the passage of this' act, shall convene together the township committee at the place of holding their last township meeting, by giving five days notice to each, and that the said committee shall meet at the place and time appointed in such notice, and a majority of them when met, areT#wn»,,'P hereby authorized and directed to appoint, under their hands, £*!!I!l2i2? some tit person of the said township assessor for the said town-/ ship, in the stead of the present assessor; and the said committee shall cause the certificate of their appointment to be delivered immediately thereafter to the person so appointed, and shall transmit a copy of said certificate to the clerk of the court of common pleas of said county, to be by him filed in his office.

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insure, in, or wilh the said company, shall he deemed and Aff»ir< of in111''6'1 as members of the said corporation, and thai the property corporation to and concerns of tlie said corporation shall be conducted and be minagerlmnnaged by nine directors, all of whom shall be citizens of lor" "* J"e° this State and shall not hold a like office or agency in any other insurance company, to be chosen by ballot, and from among the members, to hold their office for one year and until others T. . , are chosen, find that the election for directors shall be held, on •r the annual the first Monday in January in every year, at the office of the election of di-company, or such other place as a majority of the directors rectors. may previously designate, public notice of which shall be given by the Secretary, in one or more newspapers, printed in the county, at least two weeks previous to the lime of holding- said election, and if any of the said Direrton shall die, refuse to serve, or neglect to act, in their said office, for the space of six months successively, then, and in every such case, the remaining Directors shall have power lo fill such vacancy or vacancies until the lime of the next annual election, and in case it should so happen that an election of Directors should not be held on the day, when pursuant to this act, it ought lo have been held, the said corporation shall not for that cause be dissolved, but it shall and may be lawful on any 01 her day to hold an election for directors, and until an election for directors shall be held according lo the provisions of this section, the following persons shall be directors, namely: Isaac Denni.s, Harvey Halloclc, First director. jacou Armstrong, Archibald Ayres, John Schmtick, Peter B.

Shafer, Abraham YVildrick, Israel Swayze, and William Lanterman.

Sec. 3. And be it enacted, That it shall and may be lawful for the said corporation tj insure their respective dwellinghouses, stores, shops, mills and other buildings, together with household furniture, merchandise and all other personal property against loss or damage by fire.

Sec. 4. And be it enacted, That the Directors, for ihe time being, or a majority of them, shall have power to make sveh by-laws, rules and regulations as to them shall appear needful Powers of di.und proper for the management and disposition of the stock, rectors. property, estate and effects of> the said corporation ami for all such other matters as appertain to the business (hereof, and shall have power to appoint a secretary, surveyor or surveyors, and such additional officers, clerks and servants, for carrying on the business of said corporation, with such allowance as to (hem shall appear satisfactory, provided, that such by-laws, rules, and regulations shall not he repugnant to the constitution or laws of the United Stales, or of this State.

Sec. 5. And be it enacted. That at the first meeting of the
Directors, held after the annual meeting of members in each

year, the directors shall choose from among themselves 0llf'0(j; person for President, who shall continue in office for one year. ,pp"nud" ty and ontil another shall be appointed in his place. They shall dire

a Treasurer, and require him to give bond to the company, for the faithful performance of his duty, for such sum asto tfera shall appear sufficient and satisfactory.

Sec6. And be it enacted, That all jwlicies of insurance ■which shall be made by the said corporation in pursuance of ink act, shall be made on such terms and conditions, and for such periods of time, and confined to such places, as shall be torn time to time ordered and prescribed by the by-laws, rules, when fund* and regulations of said corporation; and if at any time it shallof comp»ny so happen that there shall be just claims on the corporation for*''n'tnst'0','",iv

ss sustained to a greater amount than they have funds ori0>seSt stock to discbarge, in such cases the directors for the time being, sessment to sYiall with all convenient expedition, proceed to assess such de-be n,*d8 iwency, in a ratable proportion on the members of the associmc,n Lri"

, or their representatives, according to the amount of each member's insurance; which rates or assessment when approved of by a majority of the whole number of directors, and notice in writing be given to each member, or his or her lawful representative, and each member or his or her representative, so notified, shall pay the same to the Treasurer for the time being, within tixty days after such notification, and in default thereof shall forfeit all right and claim to any policy that may have been obtained and be no longer a member of the association; and shall also, be liable to a recovery of the amount of such assessment by action of debt with cost of suit before any court ol competent jurisdiction.

Sec 7. Judleit enacted, That any one or more of the Director* toDirectors, after the passage of this act shall have power to calleall meetings, a meeting of all the directors named herein, by giving notice in one or more of the newspapers printed in the county at least leo days before said meeting.

Sec. 8. And be it enacted, That no part of the funds of thefjottoengige company shall be used for banking or for any other purpose in Banking, not indicated by this act.

Sec 9. And be it enacted, That this act shall be and continue in force thirty years from the passage thereof, 11 n'ess Limitation 0f sooner repealed, and it shall be lawful for the Legislature, at»ct. »oy time hereafter, to amend, modify or repeal the i Passed November 9, 1841.

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